Apella Wealth, a financial advisory and wealth management firm dedicated to serving individuals, families, and businesses, has announced the acquisition of Park Piedmont Advisors, an advisory firm with a strong presence in both Chicago and the San Francisco Bay Area.
Park Piedmont, which was established in 2003, is known for its commitment to providing personalized, fee-only advisory services. The firm is led by brothers Nick and Tom Levinson, who co-founded the company alongside their late father, Victor. With a reputation for its tailored approach to investment management and financial planning, Park Piedmont has established lasting relationships with its clients, built on trust and individualized service.
By joining forces with Apella, Park Piedmont’s clients can look forward to enhanced resources and an even broader range of financial services. This combination is a testament to Apella’s dedication to providing exceptional, client-centered care, ensuring that every client feels valued and understood.
This acquisition marks an important milestone for Apella, as it represents the firm’s 24th transaction overall, as well as the 13th since partnering with Wealth Partners Capital Group (WPCG). WPCG, a financial services holding company, invested in Apella in September 2021, enabling the firm to expand its reach and capabilities significantly.
The deal was finalized on August 29, 2025, marking a significant step forward for both organizations. As a result of this merger, Apella now boasts over $8 billion in assets under management, reflecting its growing influence and success in the financial services landscape.
With this acquisition, Apella Wealth reinforces its commitment to empowering clients with the financial knowledge and resources they need to achieve their goals. The firm is well-positioned for continued growth, ensuring it can meet the diverse needs of clients in an ever-evolving financial landscape.
KEY QUOTES:
“The addition of Park Piedmont is an exciting step in our growth. Their reputation for thoughtful advice and long-term client relationships aligns perfectly with our mission.”
Jim Scanlan, President of Apella
“We are thrilled to welcome Park Piedmont to Apella. Their dedication to helping clients achieve financial clarity mirrors our own, and together we are strengthening the expertise we deliver nationwide.”
Pat Sweeny, CEO of Apella
“Park Piedmont is excited to join Apella. My brother Tom and I believe our two firms are closely aligned in how we care for our clients and staff, as well as in our investment approach. Throughout this process, we’ve found Apella to be professional and collaborative, and we look forward to the next phase of our partnership.”
Nick Levinson
“It’s exciting to see Apella’s momentum in new markets this year. Park Piedmont represents Apella’s entry into Chicago and its second acquisition in the Midwest this year, a meaningful milestone that furthers the firm’s national growth strategy.”
Madison Snider, Director at WPCG
