EP Wealth Advisors has acquired a New Mexico-based registered investment advisory firm that oversees $390 million in assets under management.  

Santa Fe, NM-based LongView Asset Management, which was founded in 2002, provides financial planning, portfolio management, retirement planning, and investment management for high-net-worth clients, according to its latest Form ADV updated in December. 

LongView Asset Management is the first financial services firm in New Mexico to become a B corporation, which is designated for for-profit companies that have met high standards of environmental and social performance, according to EP Wealth. 

This is EP Wealth’s second deal for the year, following the acquisition of Scottsdale, AZ-based Capital Insight Partners, which manages more than $730 million in assets under management. 

The addition also marks EP Wealth’s second acquisition of a Santa Fe, NM-based advisory firm. In September, the RIA added Better Money Decisions, which manages about $370 million in assets under management. 

“This partnership strengthens EP Wealth and expands our ability to serve more families in New Mexico,” Ryan Parker, CEO of EP Wealth, said. “LongView’s clients will benefit from our breadth and depth of services, allowing the team to further focus on delivering the value that makes them unique while honoring their commitment to give back to their community.” 

As part of the transaction, LongView’s founder David Cantor, will join EP Wealth as an SVP, along with all seven members of the LongView team. 

Financial terms of the deal were not disclosed. 

In October, asset manager Ares Management purchased a minority stake in EP Wealth, joining the RIA’s existing minority equity partner Berkshire Partners. Berkshire Partners bought a minority stake in EP Wealth in 2020, and Wealth Partners Capital Group also purchased a stake in 2017. 

Torrance, CA-based EP Wealth Advisors, oversaw a total of roughly $35 billion in assets under management for 49,167 accounts, according to its latest Form ADV. 

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Pictured: David Cantor