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Direct Investment  + Financial Advisory  + M&As  + RIAs & Financial Advisors  |  April 21, 2025
EP Wealth Acquires $385M Kentucky RIA AlphaMark Advisors 
Joe Palmisano
By: Joe Palmisano

EP Wealth Acquires $385M Kentucky RIA AlphaMark Advisors 

EP Wealth Advisors, LLC, a Torrance, CA-based fee-only registered investment adviser managing over $31 billion in assets, has acquired AlphaMark Advisors, a Fort Wright, KY-based wealth management firm with approximately $385 million in assets. This marks EP Wealth’s fourth acquisition of 2025 and establishes its first office in Kentucky, expanding its Midwest presence into the Greater Cincinnati area. 

The AlphaMark team specializes in retirement planning, small business services, and managing the financial aspects of life transitions such as divorce. Five members of the AlphaMark team are joining EP Wealth, including the firm’s founder, Michael Simon, who is now a regional director and partner. 

“Partnering with the AlphaMark team expands our ability to do that in Kentucky and Ohio—enhancing their established expertise with additional resources from a nationwide firm to better support existing and new clients,” said Ryan Parker, CEO of EP Wealth. 

Houlihan Lokey acted as the exclusive financial advisor to AlphaMark Advisors. Financial and legal terms of the transaction were not disclosed. 

This acquisition follows EP Wealth’s 2025 additions of Executive Wealth Management ($1.6 billion AUM, Michigan), Criterion Capital Advisors, LLC, ($500 million AUM, Colorado), and Peninsula Wealth ($660 million AUM, San Francisco), reinforcing its national expansion. 

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EP Wealth Advisors, LLC AlphaMark Advisors

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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