WAVERLY ADVISORS, LLC


Associated tags: Professional Services, Adviser, Finance, AUM, Financial services, Accounting, Consulting, Banking, Asset Management, Culture, Financial adviser, RIA, Insurance, Other Professional Services, Omni, Personal Finance

Waverly Advisors Acquires McShane Partners

Retrieved on: 
Tuesday, April 9, 2024
Legal, Insurance, Finance, Public Relations, Investor Relations, Consulting, Banking, Accounting, Communications, Professional Services, Other Professional Services, Adviser, Partnership, Acquisition, McShane, RIAS, Financial adviser

Waverly Advisors, LLC (“Waverly”), a federally registered investment adviser (“RIA”) that specializes in investment management, financial planning, and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired the investment advisory business of McShane Partners (“McShane”), based in Charlotte, North Carolina.

Key Points: 
  • Waverly Advisors, LLC (“Waverly”), a federally registered investment adviser (“RIA”) that specializes in investment management, financial planning, and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired the investment advisory business of McShane Partners (“McShane”), based in Charlotte, North Carolina.
  • McShane was founded in 1985 as one of the first fee-only RIAs in Charlotte.
  • “The McShane team brings additional strategies to Waverly's growing public and private market investment options,” said Justin Russell, President of Waverly.
  • “It is clear that Waverly shares these values, and we are confident this partnership will offer increased resources and support for our clients.”
    The acquisition of McShane marks Waverly’s thirteenth transaction since accepting an equity investment in December 2021 from Wealth Partners Capital Group (“WPCG”) and HGGC’s Aspire Holdings platform.

Waverly M&A Marks $10 Billion AUM Milestone

Retrieved on: 
Tuesday, March 5, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, Acquisition, EFP, RIA, William Stone, AUM, Adviser, Partnership, Financial adviser

This acquisition marks Waverly’s second transaction of 2024, and further expands the firm’s footprint in Mississippi, after acquiring Jackson-based RIA SoundPath Investment Advisors last year.

Key Points: 
  • This acquisition marks Waverly’s second transaction of 2024, and further expands the firm’s footprint in Mississippi, after acquiring Jackson-based RIA SoundPath Investment Advisors last year.
  • This partnership also represents a significant milestone in Waverly’s history as it brings the firm’s total assets under management to over $10 billion.
  • “Since joining Waverly a few short months ago, my team can attest that cultural alignment really means everything to the firm,” said Julius Ridgway, a Regional Director of Waverly in Mississippi.
  • The transaction closed on March 1, 2024, increasing Waverly’s assets under management (“AUM”) by approximately $250 million dollars.

Waverly Advisors Acquires StrategIQ Financial Group

Retrieved on: 
Wednesday, January 3, 2024
Professional Services, Finance, Consulting, Asset Management, Banking, Accounting, Dream, Culture, Partnership, Acquisition, Adviser, AUM, Freedom, RIA, Financial services

Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has completed its acquisition of the investment advisory business assets of StrategIQ Financial Group, LLC (“StrategIQ®”), headquartered in Merrillville, Indiana, with offices in the greater Chicago area, and Northwest and Central Indiana.

Key Points: 
  • Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has completed its acquisition of the investment advisory business assets of StrategIQ Financial Group, LLC (“StrategIQ®”), headquartered in Merrillville, Indiana, with offices in the greater Chicago area, and Northwest and Central Indiana.
  • In 1996, CEO Chad Hassinger and three other advisors came together to create a firm that would offer a holistic approach to investment advice and financial planning, empowering investors and their families to secure their financial futures.
  • StrategIQ has a team of 20+ advisors, client service associates, investment analysts, and operations team members, and will be the largest RIA to join Waverly to date.
  • “When Waverly started exploring acquisitions, our vision was to do M&A differently,” said Josh Reidinger, CEO of Waverly.

Waverly Advisors Acquires Prosper Financial Advisers

Retrieved on: 
Tuesday, November 14, 2023
Personal Finance, Asset Management, Professional Services, Finance, Adviser, Acquisition, AUM, Culture, Professional, Partnership, RIA, Interior design, Cryptocurrency, Prosper

Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Prosper Financial Advisers (“Prosper”) based in St. Petersburg, Florida.

Key Points: 
  • Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Prosper Financial Advisers (“Prosper”) based in St. Petersburg, Florida.
  • Prosper brings over 30 years of wealth management and comprehensive financial planning experience to Waverly.
  • “Waverly is thrilled to welcome the Prosper team and is pleased to have found a culturally and philosophically aligned partner.
  • At Waverly, culture is paramount, so partnering with Prosper, a like-minded firm committed to the financial health and legacy of its clients, makes this merger a meaningful one,” said Mac Selverian, WPCG Principal.

Waverly Advisors Acquires Rainsberger Wealth Advisors

Retrieved on: 
Tuesday, October 24, 2023
Other Professional Services, Legal, Insurance, Finance, Consulting, Banking, Accounting, Professional Services, Adviser, Acquisition, AUM, Growth, Partnership, Financial adviser, Management, Ellis Rainsberger

Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Rainsberger Wealth Advisors (“Rainsberger”) based in Colorado Springs, CO. With ongoing expansion efforts underway, Waverly has recently added offices in Texas and Mississippi, and now Colorado, in addition to their long-time presence in Alabama, Georgia, and Florida.

Key Points: 
  • Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Rainsberger Wealth Advisors (“Rainsberger”) based in Colorado Springs, CO. With ongoing expansion efforts underway, Waverly has recently added offices in Texas and Mississippi, and now Colorado, in addition to their long-time presence in Alabama, Georgia, and Florida.
  • Rainsberger Wealth Advisors was founded in 1990 by Bud Rainsberger, with the mission to help clients build strong financial futures while providing them with peace of mind.
  • “Waverly is thrilled to enter the Colorado market with Bud and his team,” said Josh Reidinger, CEO of Waverly.
  • “Throughout this partnership process, Bud consistently prioritized his clients and team, demonstrating a strong cultural alignment between Rainsberger and Waverly.

Waverly Advisors Acquires SoundPath Investment Advisors

Retrieved on: 
Tuesday, October 3, 2023
Other Professional Services, Insurance, Finance, Asset Management, Consulting, Banking, Accounting, Professional Services, Partnership, Culture, Adviser, AUM, Acquisition, Financial adviser

Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has partnered with SoundPath Investment Advisors, LLC (“SoundPath”) based in Jackson, Mississippi.

Key Points: 
  • Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has partnered with SoundPath Investment Advisors, LLC (“SoundPath”) based in Jackson, Mississippi.
  • In January 2022, the firm rebranded and changed its name to SoundPath, to better reflect its mission of guiding clients toward a strong financial future.
  • “We were so impressed with the business Doug, Eddie, and Julius have built, and we knew immediately that they would add so much more to Waverly,” said Josh Reidinger, CEO of Waverly.
  • The acquisition of SoundPath, which closed on September 29, 2023, will increase Waverly’s total AUM to approximately $7.2 billion.

Waverly Advisors Acquires Gwynn Management Company

Retrieved on: 
Tuesday, July 18, 2023
Legal, Personal Finance, Insurance, Finance, Consulting, Banking, Accounting, Professional Services, Omni, Partnership, RIA, Adviser, Philip, AUM, Acquisition, Growth, Financial services, Gwyn, Nowland

Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has partnered with Gwynn Management Company (“Gwynn”), based in Atlanta, GA.

Key Points: 
  • Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has partnered with Gwynn Management Company (“Gwynn”), based in Atlanta, GA.
  • Gwynn Management Company was founded in 1990 by Philip and Nowland Gwynn and focuses on serving high-net-worth families.
  • “My late father, Philip H. Gwynn, and I co-founded Gwynn Management Company, and I know he would be proud of the firm we’ve become and would support our decision to join Waverly,” said Nowland Gwynn.
  • Last month, Waverly announced its acquisition of Silicon Hills Wealth Management, adding $255 million in assets under management.

Waverly Advisors Acquires Silicon Hills Wealth Management

Retrieved on: 
Tuesday, June 20, 2023
Personal Finance, Asset Management, Professional Services, Finance, Omni, Partnership, Adviser, Silicon, AUM, Acquisition, Financial adviser, Management, Financial services

Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Silicon Hills Wealth Management (“Silicon Hills”) based in Austin, Texas.

Key Points: 
  • Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Silicon Hills Wealth Management (“Silicon Hills”) based in Austin, Texas.
  • Silicon Hills was co-founded by entrepreneurs Tom Brown and James Werner in 2013 as an innovative and service-oriented wealth management firm.
  • Earlier this year, Waverly announced its acquisition of Omni Wealth Advisors, adding $105 million in assets under management.
  • The acquisition of Silicon Hills, which closed on June 16, 2023, will increase assets under management (“AUM”) by $255 million, bringing Waverly’s total AUM to approximately $6.1 billion.

Waverly Advisors Acquires Omni Wealth Advisors

Retrieved on: 
Tuesday, April 4, 2023
Professional Services, Insurance, Finance, Asset Management, Consulting, Banking, Accounting, Omni, Adviser, Philosophy, Partnership, RIAS, Acquisition, Culture, Financial services

Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Omni Wealth Advisors, Inc. (“Omni Wealth”).

Key Points: 
  • Waverly Advisors, LLC (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Omni Wealth Advisors, Inc. (“Omni Wealth”).
  • The partnership with Omni Wealth further enhances Waverly’s presence in Atlanta and Tampa.
  • Omni Wealth brings over 30 years of financial planning, investment and tax knowledge to Waverly.
  • The acquisition of Omni Wealth closed on March 31, 2023 and will increase Waverly’s assets under management by $105 million.

Waverly Advisors Acquires Wall Advisors

Retrieved on: 
Monday, December 5, 2022
Other Professional Services, Professional Services, Finance, WPCG, Adviser, CPA, Partnership, RIAS, HGGC, Investment, RIA, Growth, Orientation, Acquisition, Financial adviser, Financial services

Waverly Advisors, LLC (Waverly), a registered investment advisor (RIA) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Wall Advisors, Inc. (Wall Advisors).

Key Points: 
  • Waverly Advisors, LLC (Waverly), a registered investment advisor (RIA) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Wall Advisors, Inc. (Wall Advisors).
  • Wall Advisors client centric team of four will join Waverly, with Lee Wall assuming the role of Regional Director.
  • We are thrilled to welcome the talented Wall Advisors team to Waverly, as we look forward to continued growth in 2023.
  • This partnership benefits Wall Advisors and our ability to provide even better client service, and also contributes greatly to Waverly with the addition of talented team members, said Lee Wall.