Ep Wealth Advisors, LLC. (Torrance)

Name: Ep Wealth Advisors, LLC.
Address: 21515 Hawthorne Blvd, Torrance, CA, 90503
Telephone: 310-543-4559

Ep Wealth Advisors, LLC. is a large advisory firm based in Torrance. It manages $4.39 billion of regulatory assets for 9,111 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alaska, Arizona, Arkansas, and 30 other states.

Ep Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, educational seminars and workshops, and retirement plan advisory services. It prepares financial plans for approximately 1,850 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ep Wealth Advisors: assets under management

The assets under management (AUM) of Ep Wealth Advisors, LLC. is $4.39 billion. The firm's AUM has grown by 70% since the beginning of its operation, and $3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.29 billion in discretionary accounts and $100 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $478.85 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $657.89 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in state and local bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ep Wealth Advisors, LLC. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Patrick Gabriel Goshtigian serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Patrick Gabriel Goshtigian is high net worth individuals with 1,100 clients and $2.37 billion of assets under management. Among the 5 most similar advisory firms, Ep Wealth Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $4.39 billion for 3,203 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Ep Wealth Advisors doesn't advise any private funds.

Careers at Ep Wealth Advisors, LLC.

The company employs 99 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 47 employees are registered as investment adviser representatives with the state securities authorities.

There are 6 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Patrick Gabriel Goshtigian has been acting as President since 1 Jun 2011. Chad Sinclair joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Derek Hallock Holman	Managing director	1 Feb 2005	Other	2754363
Brian Edward Parker	Managing director	1 Feb 2005	Other	2747104
Kevin Jon Ashworth	Investment director	1 Feb 2005	Other	2531835
Patrick Gabriel Goshtigian	President	1 Jun 2011	Other	5124599
John Patrick Ertman	Chief financial officer	1 Jun 2011	Other	5849230
Ryan Steven Serrecchia	Evp & partner	1 Apr 2015	Other	3201650
Mario Chilin	Chief compliance officer	1 Mar 2016	Other	6058689
Project Epic Acquisitions Llc	Member	1 Jul 2017	25% - 50%	82-1107823
Epwa Inc.	Member	1 Jul 2017	50% - 75%	82-1799979
Chad Sinclair	Chief financial officer	1 Mar 2018	Other	6932543

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Eric Stuart Schwartz	Member	1 Jun 2008	75% - 100%	1415319
Wealth Partners Capital Group	Member	1 Jul 2017	75% - 100%	82-1107823
Brian Edward Parker	Shareholder	1 Jul 2017	25% - 50%	2747104
Derek Hallock Holman	Shareholder	1 Jul 2017	25% - 50%	2754363
Llc 76 West Holdings	Member	1 Jul 2017	25% - 50%	45-1706254
Wpcg Llc	Member	1 Jul 2017	75% - 100%	82-1107823

Based in Torrance

The principal office where Ep Wealth Advisors, LLC. performs its advisory services is located at 21515 Hawthorne Blvd, Torrance, CA 90503, which is also the mailing address of the firm. An additional office of the firm is in Irvine, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-543-4559 or by fax 310-316-0401. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at epwealth.com.