Apella Wealth Brings In $144 Million RIA Young Wealth Management Team

Apella Wealth, a financial advisory and wealth management firm serving individuals, families, and businesses, announced that Young Wealth Management, a registered investment adviser (RIA), has joined the firm. This is Apella’s fourth acquisition this year and expands its presence in Davis, California, adding to its regional financial planning and investment management capabilities. Led by Founder and Principal Kevin M. Young, MBA, EA, CFP, Young Wealth Management provides financial planning and wealth management services to individuals and families.

Bạn đang xem: Apella Wealth Brings In $144 Million RIA Young Wealth Management Team

Xem thêm : 5 big wealth management regulatory trends in 2024

This is Apella’s twentieth acquisition and ninth since partnering with Wealth Partners Capital Group (WPCG), a financial services holding company that invested in Apella in September 2021.

The acquisition closed on December 13, 2024. Apella has $4.86 billion in assets under management as of the deal’s closing.

Xem thêm : Globe Advisor’s Best of 2024: Spotlight on retirement planning

KEY QUOTES:

“We are thrilled to welcome Kevin to the Apella family. Kevin’s dedication to building lasting client relationships coupled with his proven track record of success aligns with Apella’s mission. Together, we look forward to expanding our impact and continuing to deliver exceptional financial guidance.”

• Apella CEO Patrick Sweeny

“For 18 years, Young Wealth Management has put our clients’ needs at the center of everything we do. By partnering with Apella, we will be able to leverage the firm’s extensive resources and focus our energy on providing high quality, comprehensive financial planning to all clients and be better equipped to help our clients navigate an increasingly complex financial landscape.”