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Financial services

Apella Wealth Expands into Midwest Region through Acquisition of Iron Horse Wealth Management

Strategic Insights

— 1 min read

Apella Wealth, a financial advisory and wealth management firm, has announced the acquisition of Iron Horse Wealth Management, a registered investment adviser, solidifying its presence in the Midwest region. This strategic partnership brings together a team of experienced financial advisors who share a commitment to personalized, fiduciary advice. The acquisition marks Apella's 22nd transaction and 11th since partnering with Wealth Partners Capital Group, a financial services holding company, in September 2021. The entire Iron Horse team will join Apella, with Dennis Markway assuming the role of Regional Director.

Key Takeaways:

  • Apella Wealth has acquired Iron Horse Wealth Management, a registered investment adviser, expanding its presence in the Midwest region.
  • The acquisition marks Apella's 22nd transaction and 11th since partnering with Wealth Partners Capital Group in September 2021.
  • The entire Iron Horse team, led by Founder and President Dennis Markway, will join Apella, with Markway assuming the role of Regional Director.
  • Dennis Markway stated that the partnership represents a significant milestone in Apella's geographic expansion.
  • The acquisition brings Apella's total assets under management to $6.08 billion as of closure on June 20, 2025.
  • Apella offers a range of financial advisory services, including evidence-based investing and detailed financial planning.
  • The firm's financial advisors are dedicated to building lifelong client relationships and providing "Advice for Life."

Statistics:

  • Apella Wealth has $6.08 billion in assets under management as of closure on June 20, 2025.
  • This marks Apella's 22nd transaction and 11th since partnering with Wealth Partners Capital Group in September 2021.
  • The acquisition adds to Apella's presence in multiple locations across the country, serving thousands of individual and institutional investors.
  • Helmed by a team of experienced financial advisors, the firm is dedicated to providing personalized, fiduciary advice.

Sources:

  • "Apella Wealth Expands into Midwest Region through Acquisition of Iron Horse Wealth Management" (Business Wire, June 2025)
  • Apella Wealth (www.apellawealth.com)
  • Wealth Partners Capital Group (www.wealthpcg.com)

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