Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor
Ryan Parker and Patrick Goshtigian

Industry Spotlight > RIAs

EP Wealth President Ryan Parker Becomes CEO

By Jeff Berman

X
Your article was successfully shared with the contacts you provided.

Ryan Parker, EP Wealth Advisors president, is shifting to CEO, replacing Patrick Goshtigian, who will become the independent registered investment advisor’s executive chairman on July 1.

Parker joined EP Wealth in mid-2021 and became president in early 2022. Previously, He was president and CEO of wealth management for Citizens Financial Group and CEO of Edelman Financial Services.

Goshtigian has been the RIA’s CEO since 2011, overseeing growth in its assets under management, geography, total team members and “virtually every other metric,” the firm said Thursday in a statement.

The fee-only RIA, based in Torrance, California, managed over $18.7 billion in assets as of April 30, it said. EP has more than 30 offices in 11 states: Arizona, California, Colorado, Illinois, Maine, Massachusetts, New Hampshire, Pennsylvania, Texas, Utah and Washington.

As executive chairman, Goshtigian will “continue active participation across key leadership teams” at the company and be based in EP’s Torrance headquarters, according to the firm.

“I’ll be in a position to focus on specific strategic initiatives and M&A, while providing a sounding board for Ryan,” Goshtigian said in a statement.

Parker, who joined EP Wealth in mid-2021 and became president in early 2022, “will build on his work leading the EP Advisor community,” including regional directors and the RIA’s growing capabilities across investments, marketing, portfolio strategy, wealth advisory and wealth management services, the firm said.

The RIA will “continue to add incredibly talented team members to support our national advisor base and leading that group as we grow and evolve will be my focus as CEO,” according to Parker.

EP Wealth was co-founded by managing directors Derek Holman and Brian Parker.

(Pictured: Ryan Parker, left, and Patrick Goshtigian)

Jeff Berman

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.