DJIA38904.04 307.06
S&P 5005204.34 57.13
NASDAQ16248.52 199.44
Russell 20002060.10 8.70
German DAX18163.94 -238.49
FTSE 1007911.16 -64.73
CAC 408061.31 -90.24
EuroStoxx 505013.35 -57.20
Nikkei 22538992.08 -781.06
Hang Seng16723.92 -1.18
Shanghai Comp3069.30 -5.66
KOSPI2714.21 -27.79
Bloomberg Comm IDX102.90 0.64
WTI Crude-fut91.17 0.01
Brent Crude-fut86.57 1.15
Natural Gas1.79 0.00
Gasoline-fut2.79 -0.01
Gold-fut2345.40 33.50
Silver-fut27.50 0.46
Platinum-fut940.60 -5.50
Palladium-fut1007.40 -23.60
Copper-fut423.60 1.85
Aluminum-spot1815.00 0.00
Coffee-fut212.50 5.75
Soybeans-fut1185.00 5.00
Wheat-fut567.25 11.00
Bitcoin67976.00 304.00
Ethereum USD3328.10 56.27
Litecoin98.71 0.69
Dogecoin0.18 0.00
EUR/USD1.0862 0.0007
USD/JPY151.72 -0.02
GBP/USD1.2678 0.0016
USD/CHF0.9044 -0.0014
USD IDX104.28 0.08
US 10-Yr TR4.4 0.091
GER 10-Yr TR2.406 0.007
UK 10-Yr TR4.064 -0.005
JAP 10-Yr TR0.771 -0.004
Fed Funds5.5 0
SOFR5.32 0
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Financial Advisory  + RIAs & Financial Advisors  + Wealth Management  |  September 3, 2025
EP Wealth Expands Southwest Presence with $370M Better Money Decisions Partnership 
By: Joe Palmisano

EP Wealth Expands Southwest Presence with $370M Better Money Decisions Partnership 

EP Wealth Advisors announced a strategic partnership with Better Money Decisions, LLC (BMD), a Santa Fe, NM-based RIA with approximately $370 million in assets under management, further strengthening EP’s presence in the Southwest.  

As part of the transaction, BMD managing partner Lea Ann Knight will join EP Wealth as a regional director and partner, alongside a team of four wealth advisors and one office services associate. BMD co-founder and managing partner Lorraine Ell will retire as part of the transition. 

“BMD is a firm that leads with heart and purpose,” said Ryan Parker, CEO of EP Wealth. “Their philosophy of helping clients use money as a tool to live a better life aligns beautifully with our mission at EP.” 

Known for its expertise in guiding women through life transitions such as divorce and retirement, BMD brings a niche specialization that complements EP’s broader wealth management platform. 

The deal marks EP Wealth’s eighth strategic partnership of 2025, following transactions with AlphaMark Advisors, Executive Wealth Management, Criterion Capital Advisors, and Peninsula Wealth, among others.  

Financial terms of the BMD deal were not disclosed.  

Backed by private investment firm Berkshire Partners, Torrance, CA-based EP Wealth manages more than $36.4 billion in assets. The firm is led by CEO Ryan Parker, along with co-founders and managing directors Derek Holman, Brian Parker, and executive chair Patrick Goshtigian. 

Read More News Stories About: EP Wealth Advisors
Connect

Inside The Story

EP Wealth Advisors

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
New call-to-action