Sign in Subscribe
Chairpersons

EP Wealth Advisors Announces Leadership Transition

Strategic Insights

— 1 min read

As the company expands its national client base and grows in assets, EP Wealth Advisors has announced that CEO Patrick Goshtigian will transition to Executive Chairman, with President Ryan Parker assuming the CEO role on July 1, 2023. This shift will enable Goshtigian to focus on strategic initiatives and M&A, while Parker will continue to lead the company's growth and expansion.

Key Takeaways:

  • Patrick Goshtigian, current CEO, will become Executive Chairman on July 1, 2023, allowing him to focus on strategic initiatives and M&A.
  • Ryan Parker, current President, will assume the CEO role, bringing 25 years of industry experience, including previous CEO positions in Financial Services.
  • The transition will preserve the company's focus on providing superior client service through a growing roster of top advisors with best-in-class services and offerings.
  • EP Wealth Advisors has experienced explosive growth under Goshtigian's leadership, including a significant increase in assets under management (AUM) and geography.
  • Parker has led the EP Advisor community and has been instrumental in the development of EP's capabilities across Investments, Portfolio Strategy, Marketing, Wealth Advisory, and Wealth Management Services.
  • The company continues to add talented team members to support its national advisor base, with a focus on staying ahead of the curve in offerings, service, and commitment to clients.
  • As CEO, Parker intends to continue the company's growth and expansion to ensure more families across the country are secure in their financial future.

Statistics:

  • The company has managed over $18.7 billion in assets as of April 30, 2023.
  • EP Wealth Advisors has more than 30 offices in 11 states, including California, Washington, Arizona, Utah, Colorado, Texas, Illinois, Pennsylvania, Massachusetts, New Hampshire, and Maine.
  • Patrick Goshtigian has been CEO of EP Wealth Advisors since 2011, overseeing growth in AUM, geography, total team members, and other metrics.
  • Ryan Parker joined EP Wealth in mid-2021 and became President in early 2022, bringing 25 years of industry experience.

Sources:

  • BusinessWire: "EP Wealth Advisors Announces Leadership Transition" (May 25, 2023)
  • EP Wealth Advisors: "About Us" (www.epwealth.com)

Read more