Apollon Holdings has strategically strengthened its geographic footprint through a partnership with Maryland-based CIC Wealth Management.
The new partnership, forged through its subsidiary Apollon Wealth Management, strengthens Apollon’s presence in the Northeast region and adds a team of seasoned advisors with over 55 years of combined experience.
CIC Wealth Management, based in Rockville, Maryland, is led by Ryan Wibberley, Michael Fein, and Frank Cappadora. Through the partnership, the firm will join Apollon Wealth while continuing to offer holistic wealth management services. New team members from CIC include Judy Ann Byrd, Andy Smith, Rich Sebastian, Austin Pearl, and Dawn Wright.
“We’re thrilled to join Apollon Wealth Management and provide clients with state-of-the-art tools and leadership,” Wibberley said in a statement. “This marks an exciting chapter for CIC Wealth as we continue to work to help clients achieve their financial goals.”
In addition to the CIC Wealth partnership, Apollon Holdings has welcomed several new advisors across its other wealth management platforms.
David Haggard, based in Atlanta, Georgia, joined Apollon Wealth Management in mid-September, bringing expertise in financial planning and investment management.
Since launching in 2018, Apollon Wealth Management has expanded to include over 80 advisors across the US, focusing on fee-based advisory services for affluent clients, families, and business owners.
Apollon Financial, another subsidiary, has also expanded with the addition of two new firms. Granite Investment Group, led by Martin Beck out of Downers Grove, Illinois, joined Apollon Financial, adding over 30 years of wealth management experience. Jim McGowan and Fran Gutrich have also joined the firm, with McGowan based in King of Prussia, Pennsylvania, and Gutrich in Downers Grove, Illinois.
The fee-based firm extended its reach in South Carolina this summer with an August deal to acquire the DeHollander Financial Group.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
