On December 17, 2024, Apella Wealth announced its acquisition of Young Wealth Management.
Apella Wealth (“Apella”) announced, on December 17, 2024, its acquisition of Young Wealth Management (“Young Wealth”). Young Wealth will adopt the Apella name as part of the acquisition, which closed on December 13, 2024. 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, Apella had approximately $4.86 billion in assets under management.
Young Wealth, based in Davis, California, is a registered investment adviser providing financial planning and wealth management services to individuals and families. As of the closing, Young Wealth had approximately $144 million in assets under management.
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