EP Wealth Advisors LLC, an independent registered investment adviser, has purchased Lehman & DeRafelo Financial Resources LLC, which is based in Media, Pa.
Lehman & DeRafelo offers financial planning and investment management services with a focus on high-net-worth clients. Firm principals Rich DeRafelo and Ron Lehman will each assume the role of regional director, while Jeff Lehman will become a senior wealth advisor. The deal marks EP Wealth’s second acquisition in the greater Philadelphia area and its eighth office on the east coast, as well as its 28th deal since taking a minority investment from Wealth Partners Capital Group.
“The acquisition of Lehman & DeRafelo, which will enhance EP’s growing presence on the East Coast and add to the overall investment offering, is a prime example of this strategy,” states Mac Selverian, principal at WPCG.