Apella Wealth, a financial advisory and wealth management firm, has acquired Independence Wealth Advisors, a registered investment adviser (RIA).
Founded in 2007 by Kathleen (Kathy) Duffy, Independence is a fee-only firm focused on comprehensive financial planning and fiduciary guidance for individuals and families.
Apella, an employee-owned firm, has grown through partnerships, including with Wealth Partners Capital Group (WPCG), a minority investor. The acquisition was finalized on June 30, 2025, with Apella managing over $6 billion in assets.
KEY QUOTES:
“We’re proud to welcome Kathy to Apella. Her depth of experience and commitment to providing unbiased advice and thoughtful strategic planning make her an exceptional addition to our team.”
Apella CEO Patrick Sweeny
“This expansion deepens our presence in the Washington, D.C. region. Kathy’s strong commitment to her clients reflects the core values that define Apella.”
Jim Scanlan, President of Apella
“To expand our services and support our clients, we sought a partnership with the same commitment to a client-first mindset and the fiduciary standard. A top priority was finding a firm that had maintained its independence and shared our long-term vision. Apella is uniquely positioned to meet all these standards. We are thrilled to join the talented and welcoming team at Apella and together look forward to providing the support and care our clients have come to expect.”
Kathy Duffy, Founder and President of Independence
