EP Wealth Acquires Lehman & DeRafelo


April 26, 2023

On April 5, 2023, EP Wealth Advisors, LLC announced that it had acquired Lehman & DeRafelo Financial Resources, LLC.

Under the terms of the transaction, EP Wealth Advisors, LLC (“EP Wealth”) acquired Lehman & DeRafelo Financial Resources, LLC (“Lehman & DeRafelo”). Four advisors from the Lehman & DeRafelo team, including founders Ron Lehman and Rich DeRafelo, joined EP Wealth upon completion of the deal. Further terms were not disclosed.

EP Wealth, based in Torrance, California, is a registered investment advisor and financial planning firm. As of December 31, 2022, EP Wealth had over $16.1 billion in assets under management.

Lehman & DeRafelo, based in Media, Pennsylvania, is a financial advisor serving high-net-worth clients. Lehman & DeRafelo has approximately $1 billion in assets under management.

To read the press release: please click here.

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