Wealth Management Division of PBMares Joins Apella Wealth, Expanding Mid‑Atlantic Presence and Bringing AUM Close to $10 Billion

WEST HARTFORD, Conn.--(BUSINESS WIRE)--Apella Wealth (“Apella”), a financial advisory and wealth management firm serving individuals, families, and businesses, announced that the wealth management division of PBMares LLP, PBMares Wealth Management, LLC (“PBMares”), headquartered in Williamsburg, Va., has joined Apella. This partnership enhances Apella’s presence in the Mid-Atlantic region.

PBMares, an independent, registered investment advisory firm, is led by a team of experienced industry professionals dedicated to providing personalized financial guidance. This acquisition and strategic partnership strengthens Apella’s ability to better serve its clients through expanded resources, planning expertise and talent.

“We are thrilled for the PBMares wealth team to join Apella and to continue a strategic relationship with PBMares LLP,” said Jim Scanlan, President of Apella. “Their client-first philosophy mirrors Apella’s and they have a background of wealth advisory and CPA expertise which strengthens the firm.”

“Welcoming PBMares into the Apella community marks an exciting moment for the firm,” said Pat Sweeny, CEO of Apella. “Together, we will expand the firm’s impact and further elevate the level of service provided to clients.”

Harvey Johnson, CEO of PBMares LLP, commented, “We are proud to help our clients navigate life’s most significant milestones. This next chapter brings more robust resources and a new name for the wealth management division, and our clients will work with the same team they trust. We look forward to maintaining a relationship with Apella going forward.”

This marks Apella’s 25^th transaction overall, and 14^th since partnering with Wealth Partners Capital Group (“WPCG”), a financial services holding company that invested in Apella in September 2021.

“This partnership brings together two outstanding teams, united by a shared commitment to client-first values and deep expertise in wealth management and financial planning,” said Sean Bresnan, Founding Partner of WPCG. “As Apella strengthens its presence in the Mid-Atlantic and beyond, WPCG remains committed to supporting Apella’s growth in the years ahead.”

The deal closed on December 31, 2025. As of closing, Apella is approaching $10 billion in assets under management.

About Apella Wealth

Apella Wealth (“Apella”), founded in 2014, is a national RIA built around a select community of like-minded advisors who believe in evidence-based investing and detailed financial planning. Headquartered in West Harford, CT, Apella offers a wide range of financial advisory services across multiple locations, spanning both coasts and serving thousands of individual and institutional investors. The firm’s financial advisors are dedicated to building lifelong client relationships and providing “Advice for Life.” For more information about Apella, please visit www.apellawealth.com.

About Wealth Partners

Wealth Partners Capital Group (“WPCG”) is a financial services holding company, which invests in and partners with select leading wealth management firms. WPCG’s mission is to use its capital, strategic M&A expertise and organic growth capabilities to help its partner firms grow. WPCG identifies, values and negotiates with wealth advisory practices for its partners to acquire and integrate. For more information, please visit www.wealthpcg.com.

Apella Wealth is an investment advisory firm registered with the Securities and Exchange Commission (SEC). The firm only transacts business in states where it is properly registered or excluded or exempted from registration requirements. Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the SEC. The information here is provided for general information purposes only and should not be considered a recommendation or personalized investment advice.