Apollon Wealth Management, LLC, a collaborative and transparent financial planning firm, announced it has taken a minority interest in Chicago-based Podesta Capital Advisors and formed a new partnership allowing Podesta Capital Advisors to utilize Apollon’s full-service financial planning and wealth management platform. In addition, the new partnership will enable Apollon to offer its clients access to Podesta’s proprietary stock analysis and investment modeling.
"We are extremely excited about the new partnership with Podesta Capital Advisors. We believe that the combination of Podesta’s extensive money management background in conjunction with Apollon’s full-service financial planning and wealth management platform will take both firms and the client experience to a new level," said Mike Dolberg, CEO of Apollon.
Podesta Capital Advisors utilizes proprietary investment discipline that functions at the intersection of big data sources, cloud computing networks, and artificial intelligence applications. Podesta analyzes the earnings of over 12,000 companies to determine which companies meet the required criteria for investment.
"Apollon’s platform will allow us to create back-office and technology efficiencies, so we can spend more time on what we do best – focusing on our proprietary investment modeling and providing full service wealth management solutions to our clients," said Mr. Foley, a capital markets expert with decades of experience in implementing algorithmic, discretionary, and arbitrage strategies on all major global exchanges, who now spearheads Podesta Capital Advisors' stock analysis and investment modeling.
"The decision to bring in Apollon as a strategic investor and partner expands the breadth and depth of our investment offerings and planning solutions, all while improving the overall client experience with best-in-class technology that is a hallmark of Podesta," said Chris Burke, who has two decades of experience in institutional and personal investment management and leads the business development and management of Podesta Capital Advisors.
Industry veteran, Jeff Bischoff of Old Greenwich Consultants, brought the two firms together.
About Apollon Wealth Management
Apollon Wealth Management, LLC is a collaborative and transparent financial planning firm focused on aligning client’s goals of growing and preserving their hard-earned wealth. Apollon set out to change the model for investments away from a focus on product to one that is client-directed driven by a comprehensive financial plan. With exceptional white glove service, Apollon has created an independent organization with the sole mission of enriching the lives of others through concerted financial planning and guidance.
With passion and purpose, Apollon has created a platform for advisor independence built with a seamless transition process for clients. Driven to expand the firm’s footprint, Apollon possesses an open architecture environment and a centralized operations team that unifies advisor integration, onboarding and acquisition. Apollon has offices in North and South Carolina, Georgia, Florida, Connecticut, Illinois, and Oregon and continues to look for strategic partners nationwide. To learn more about Apollon, visit their website at www.apollonwealthmanagement.com
About Podesta Capital Advisors
Podesta Capital Advisors, founded in 2017 by cousins Robert A. Foley and Christopher M. Burke, offers a full range of wealth management solutions. Since 1929, members of the Podesta family have been carrying on the rich tradition of serving the financial community. Now as third-generation money managers, Podesta fuses the lessons of the past with modern technology. Using proprietary investment discipline that functions at the intersection of big data sources, cloud computing networks, and artificial intelligence applications, Podesta analyzes the earnings of over 12,000 companies to determine which companies meet the required criteria for investment.
Michael J. Dolberg
Founding Partner & CEO