The latest mergers, acquisitions and other corporate actions in the wealth management sector.

EP Wealth Advisors
EP Wealth Advisors, a fee-only registered investment advisor with a growing national footprint, has just acquired Criterion Capital Advisors in Nashville, Tennessee – the financial and legal terms of the deal were not disclosed.

This marks EP Wealth’s first partnership of 2025, its first office in Tennessee, and a continued expansion in the Southeast, adding over $500 million in assets under management.

“At EP Wealth, our growth is fueled by partnering with entrepreneurs across the country who share our values and are looking to leverage additional resources to deliver outstanding experiences to their clients,” Ryan Parker, EP Wealth CEO, said in statement. “Criterion is the latest example of a firm built on personalized service that helps clients work toward achieving their long-term financial goals. Through our combined efforts, we are well positioned to serve even more families in the Southeast.” 

Founded in 2005, Criterion is led by co-founder Allan Horner, along with partners Mark Pierce and Scott Freeman. Their team will lead EP Wealth in Nashville, providing tailored financial planning, investment, and tax planning to clients.

“We have grown our business by focusing on putting the client’s best interest first. In EP Wealth, they share that value. We’re excited to be part of EP to both potentially expand our breadth of services and provide deeper partnerships,” Horner said.

Headquartered in Torrance, California, EP Wealth Advisors has more than 45 offices across 16 states, managing over $31 billion in assets.