EP Wealth Buys Opes Wealth, Adding $900 Million in 5th 2026 Deal
Updated
Updated · Wealth Management · Jun 30
EP Wealth Buys Opes Wealth, Adding $900 Million in 5th 2026 Deal
3 articles · Updated · Wealth Management · Jun 30
Summary
$900 million in Opes assets will join EP Wealth after the Torrance-based RIA acquired the Menlo Park firm, expanding EP’s Bay Area footprint to about $6 billion.
Eight Opes employees are moving to EP, with founders Mark Duvall and Erin Whalen becoming regional directors as EP adds a Silicon Valley team focused on tech executives and clients with significant real estate exposure.
EP said Opes wanted a larger platform for growth, while EP gains clients seeking its family office offering, including in-house tax, trust, estate and planning services backed by roughly 45 planning specialists.
The undisclosed transaction is EP Wealth’s fifth acquisition of 2026 and follows last week’s launch of a cash-based incentive program for non-shareholder employees tied to future share-price growth.