Apella Wealth announced its acquisition of TAM Financial Advisors.
Apella Wealth (“Apella”) announced that it acquired TAM Financial Advisors (“TAM Financial”). The Annapolis-based team will continue serving clients under Apella. Further terms of the deal were not disclosed.
Apella, based in West Hartford, Connecticut, is a registered investment advisor and wealth management firm offering financial planning and investment management services. Apella has approximately $10 billion in assets under management.
TAM Financial, based in Annapolis, Maryland, is a registered investment advisor providing financial planning, risk management and investment management services. TAM Financial has approximately $171 million in assets under management. Turkey Hill Management served as financial advisor to TAM Financial on the transaction.
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