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Ares Management Buys Minority Stake in $40B EP Wealth
Yahoo Finance· 2025-09-30 13:00
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. EP Wealth Advisors, an acquisitive Torrance, Calif.-based registered investment advisor with nearly $40 billion in assets under management, has signed an agreement with Ares Management for the private equity firm to acquire a significant minority stake in the firm. Ares invests alongside Berkshire Partners, EP’s existing minority equity partner. Terms of the deal, expected to close next month, w ...