Financial advisory firm EP Wealth acquires a team led by Rappaport Reiches, totaling an assets under management of $1.2 billion.
EP Wealth Advisors and RRCM Form Strategic Partnership to Enhance Wealth Management Services
EP Wealth Advisors and Rappaport Reiches Capital Management (RRCM) have announced a partnership in July 2025, joining forces to strengthen their capabilities in wealth management. Based in Chicago, Illinois, the collaboration aims to integrate RRCM's expertise into EP Wealth's data-driven and client-focused approach.
Both firms share a strong commitment to comprehensive financial planning, with a focus on serving their communities. EP Wealth is renowned for its market presence and emphasis on serving clients, while RRCM is recognized for its capital management and advice geared towards wealth enhancement and retirement planning.
The partnership underscores a commitment to supporting clients beyond investment management, with a particular emphasis on financial education and empowerment. This includes advancing women's financial education, reflecting an industry-wide trend towards inclusive and holistic financial planning.
The collaboration is expected to foster growth in financial advisory services that are inclusive and tailored to diverse client needs, including supporting women's financial independence. This focus likely includes financial literacy programs, personalized planning, and advocating for women's financial empowerment as part of their community engagement efforts.
The partnership involves key personnel from both firms. David Rappaport, co-founder of RRCM, and Shari Greco Reiches, another co-founder, will serve as Partners and Regional Directors at EP Wealth. They will be joined by Advisors Stephen M. Reiches, Kristyn Gibson, and Liz Xilas, and Executive Director Karen Asbra.
The partnership strengthens EP Wealth's planning-led approach and advances its Investing in Women initiative. As of June 30, 2025, EP Wealth manages $36.4 billion across over 54 offices in 19 states. The addition of RRCM's assets adds over $1.2 billion to EP Wealth's Chicago operations, deepening its community presence in the greater Chicagoland area.
Ryan Parker, CEO of EP Wealth, expressed pride in the firm's two-decade focus on empowering and educating women about money. He expressed satisfaction with the alignment between EP Wealth and RRCM, particularly in regards to their shared values and culture. David Rappaport shared similar sentiments, citing the shared values as a key factor in the partnership.
Republic Capital Group served as the exclusive advisor for the partnership. Shari Greco Reiches is excited about the new resources and opportunities the partnership brings for their team and clients. Kyle Miller, EP Wealth's Managing Director of Mergers & Acquisitions, also expressed satisfaction with the alignment between the two firms.
This is EP Wealth's seventh partnership of 2025. Founded in 2005 by Shari Greco Reiches and David Rappaport, RRCM emphasizes comprehensive financial planning and disciplined investment management. The partnership is expected to bring about significant enhancements to both firms' services and community engagement efforts.
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