EP Wealth Advisors, a leading fee-only registered investment advisor (RIA), announced a strategic partnership with Buffington Mohr McNeal (BMM), a long-standing RIA firm in Boise, Idaho. This new deal enhances EP Wealth’s presence in the Intermountain West, adding nearly $900 million in assets under management (AUM).
BMM was created by Dean Buffington, Bruce Mohr, and Carey McNeal in 1998 with a commitment to providing clients with clarity, accountability, and personalized financial planning. Recognizing that each client’s time is valuable, the BMM team prioritizes personalized guidance and lasting relationships to help clients efficiently achieve their long-term financial goals.
Eleven BMM employees, including co-founders Carey McNeal and Bruce Mohr, will join EP Wealth, gaining access to the firm’s expanded services and resources. And late co-founder Dean Buffington passed away in 2020, leaving a lasting imprint on the Boise community.
The financial and legal terms of the transaction were not disclosed.
Advisor: Hue Partners served as the exclusive financial advisor to BMM.
KEY QUOTES:
“When EP Wealth establishes a new region, the most important criterion is to partner with entrepreneurs who share our client-centric, talent-based mindset. For nearly 30 years, BMM has put their clients’ needs first and created a culture that rewards long-term career development. As their team joins our nationwide family, we will build on that legacy to create even more successes in the years ahead.”
EP Wealth CEO, Ryan Parker
“As we remember Dean Buffington, our partnership with EP Wealth preserves his legacy as a fiduciary, and he would be delighted. Our community put their trust in the firm that we created with Dean 27 years ago, making it a priority to continue serving them in a larger capacity.”
Carey McNeal
“Joining EP Wealth Advisors is a monumental step in the journey for BMM. Gaining access to EP Wealth’s tools and back-office services offers us the support we need to continue growing while providing clients with best-in-class service.”
Bruce Mohr
“When EP Wealth explores new markets, our top priority is identifying exceptional entrepreneurs who align with our vision and values,” said Miller. “From our very first interaction with Bruce and Carey, it was clear they had the vision and dedication to make a meaningful impact in Boise and the surrounding region. We’re excited to build on that foundation and help accelerate their growth and influence in the years ahead.”
EP Wealth Managing Director of Mergers & Acquisitions Kyle Miller
