Apella Wealth Expands National Presence with Addition of Iron Horse Wealth Management, Adding $574 Million in AUM

Apella Wealth (“Apella”), a financial advisory and wealth management firm serving individuals, families, and businesses, announced today that Iron Horse Wealth Management (“Iron Horse”), a registered investment adviser (“RIA”), has joined the firm. This partnership establishes Apella’s presence in Johnston, IA, and extends the firm’s financial planning and investment management services into the Midwest region.

Led by Founder and President, Dennis Markway, Iron Horse is a fee-only advisory firm providing comprehensive financial planning and fiduciary guidance to individuals and families. The entire Iron Horse team will join Apella, and Dennis Markway will assume the role of Regional Director.

“We are thrilled to welcome Iron Horse to the Apella team,” said Patrick Sweeny, CEO of Apella. “We share a commitment to personalized, fiduciary advice, and we look forward to celebrating our collective growth and success.”

“This partnership represents a significant milestone in Apella’s geographic expansion as we establish our first Midwest-based team,” said Jim Scanlan, President of Apella. “We are excited to welcome a highly respected firm, known for its unwavering commitment to clients, to Apella.”

“We are overjoyed to join Apella, a team that holds itself to the highest ethical and fiduciary standards and shares our deep dedication to clients, employees, and communities,” said Dennis Markway, Founder and President of Iron Horse. “We are excited to collaborate, share expertise, and learn from our peers, knowing that together we can make a meaningful impact.”

This marks Apella’s 22^nd transaction, and 11^th since partnering with Wealth Partners Capital Group (“WPCG”), a financial services holding company that invested in Apella in September 2021.

The transaction closed on June 20, 2025. As of closing, Apella has $6.08 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 Hartford, 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 Capital Group

Wealth Partners Capital Group ("WPCG") is a financial services holding company, which invests in and partners with select leading wealth management firms. WPCG assists its partner firms by identifying and integrating like-minded wealth advisers who seek access to expanded business capabilities, strategic growth and/or customized transition solutions. 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.

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