EP Wealth Advisors, a Torrance, Calif.-headquartered registered investment advisor with $26.2 billion in assets under management, has added its first chief people officer. Megan Glover joins the firm from SMBC MANUBANK, a Los Angeles-based bank, where she served as managing director and chief human resources officer. She’ll be based in Torrance.
In the new role, Glover will lead human resources as the RIA prepares to expand to more than 500 employees nationwide.
Prior to SMBC, she held various roles at PIMCO, Macquarie and Moelis. Her background includes talent development, diversity and inclusion and integrating teams through M&A. At EP, she’s been charged with all three.
EP Wealth’s predecessor, Premier Financial Management, was founded in 1999 by Derek Holman and Brian Parker, who have been best friends since the 6th grade. In 2017, EP sold a minority stake in the firm to Wealth Partners Capital Group, a growth and M&A partner to RIAs. Private equity firm Berkshire Partners then bought a minority stake in EP in 2020, alongside WPCG. Since 2017, EP has made 32 acquisitions.
Most recently, it acquired Dallas-based Sloan Investment Management, an RIA with about $700 million in AUM. In April, EP picked up 22 team members and close to $1.2 billion in managed assets with the acquisition of Wacker Wealth Partners in San Luis Obispo, Calif.
