EP Wealth acquires Pathlight Investors
Document, pen and computer on office table, two businessmen shaking hands in the background
The purchase of the Phoenix-based RIA adds $283 million in AUM
EP Wealth Advisors, a Torrance, Calif.-based RIA managing approximately $4.4 billion in assets, has acquired Phoenix, Ariz.-based Pathlight Investors, which manages $283 million in assets.
Pathlight, founded in 2009, is led by its co-founders, Patsy Nodilo, M.J. Nodilo and Adrian Larson. Mr. Nodilo and Mr. Larson have become regional directors at EP Wealth, and Ms. Nodilo has become a wealth adviser.
(See InvestmentNews’ comprehensive database of financial advisers and brokers changing firms.)
Pathlight will be the hub for EP Wealth’s future growth in the greater Phoenix region, the company said in a release.
(More: RIA acquisitions at record level, despite sometimes volatile markets)
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