EP Wealth Acquires Mindful Money

INVESTMENT MANAGEMENT DEALS BLOG

January 10, 2022

On January 4, 2022, EP Wealth Advisors, LLC announced that it had acquired Mindful Money.

Under the terms of the transaction, EP Wealth Advisors, LLC (“EP Wealth”) acquired Mindful Money. Eight members of the Mindful Money team, including founder Jonathan DeYoe, joined EP Wealth upon completion of the deal, with DeYoe assuming the role of senior vice president. The transaction closed on December 22, 2021. Further terms were not disclosed.

EP Wealth, based in Torrance, California, is a registered investment advisor and financial planning firm. As of September 30, 2021, EP Wealth had over $13.3 billion in assets under management.

Mindful Money, based in Berkeley, California, is a financial advisor serving both individual investors and small and medium-sized businesses. Mindful Money has approximately $346 million in assets under management. DeVoe & Company served as financial advisor to Mindful Money on the transaction.

To read the press release: please click here.