EP Wealth Advisors rapid growth is continuing with the acquisition of Private Capital Management Associates, EP announced.

The acquisition allows EP Wealth, which is based in Torrance, Calif., to continue its expansion into Northern California with San Mateo-based Private Capital. The move also provides a succession plan for Private Capital, EP says.

EP, which has $2.68 billion in assets under management, was created by Derek Holman and Brian Parker in 2004. This is the second acquisition in Northern California for the firm in the past 16 months.

Private Capital brings $80 million in AUM and three staff members to the frim and will operate under the EP Wealth Advisors name.