By Andrew Welsch

EP Wealth Advisors has bought Rappaport Reiches Capital Management, a registered investment advisory firm that has $1.2 billion in assets under management.

The transaction is EP Wealth's seventh acquisition this year. The Torrance, Calif.-based firm has been steadily growing through acquisitions. It has more than 53 offices and more than $32.6 billion in assets as of March 31, according to the company, which is also ranked No. 11 on Barron's Top 100 RIA Firms for 2024.

The acquisition of Chicago-based Rappaport Reiches boosts EP Wealth's presence in the Windy City, and was a motivating factor for the deal, said Ryan Parker, CEO of EP Wealth. The firm didn't disclose terms of the deal.

Rappaport Reiches was founded in 2005 by Shari Greco Reiches and David Rappaport, who will now become partners at EP Wealth. In total, 15 Rappaport Reiches team members are joining EP Wealth, according to the company. A majority of the advisors at Rappaport Reiches are women, the company said.

"We're incredibly proud of the firm we've built over the past two decades," Reiches said in a statement. "We have always had a focus on empowering and educating women about money, and with EP, we will have an even larger impact."

Republic Capital Group served as the exclusive financial advisor to Rappaport Reiches.

Write to Andrew Welsch at andrew.welsch@barrons.com

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July 22, 2025 12:44 ET (16:44 GMT)

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