On December 10, 2024, Apella Wealth announced that it acquired Barker Financial Group.
Apella Wealth (“Apella”) announced, on December 10, 2024, that it acquired Barker Financial Group, Inc. (“Barker”) in a transaction that closed on December 6, 2024. Barker adopted the Apella name following the closing. Further terms of the transaction were not disclosed.
Apella, based in West Hartford, Connecticut, is a registered investment advisor and wealth management firm offering investing and financial planning services. As of the closing on December 6, 2024, Apella had approximately $4.72 billion in assets under management.
Barker, based in Topsfield, Massachusetts, is a registered investment advisor specializing in financial and retirement planning, portfolio management, pension planning and investment consulting, ERISA pension, Fiduciary Support services and Estate Consulting. As of December 2024, Barker had approximately $218 million in regulatory assets under management.
To read the press release: please click here.