Apella Wealth announced deals for firms in California and South Carolina, marking the firm’s 28th and 29th acquisitions since its founding.
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West Hartford-based financial advisory firm Apella Wealth has announced the acquisition of two firms, one in California and one in South Carolina. The deals mark the firm’s 28th and 29th acquisitions since its founding in 2014.
Apella says the addition of San Rafael, California-based Longview Financial Advisors strengthens its presence in the Bay Area and expands its ability to serve clients in a key California market.
Meanwhile, it says a deal for Morris Financial Concepts, a registered investment adviser in Mount Pleasant, South Carolina, strengthens its regional footprint.
Senior management from both firms will join Apella alongside their teams.
Apella’s dealmaking accelerated in 2021 after financial services holding company Wealth Partners Capital Group took a minority stake in the firm.
Apella has approximately $12 billion in assets under management. It has some 35 locations in 15 states.
