Waverly Advisors completes acquisition of McShane Partners to expand investment management services
04/09/24, 1:27 PM
Location
birminghamcharlotteIndustry
finance
financial services
investment management
Waverly Advisors, LLC completes the acquisition of the investment advisory business of McShane Partners. This acquisition marks Waverly’s third acquisition in 2024 and adds approximately $700 million in assets under management (AUM). The acquisition aims to expand Waverly’s resources and infrastructure to new geographies, delivering comprehensive, client-centric wealth and investment management services.
Company Info
Location
Birmingham, Alabama, United States
Company info
Waverly Advisors, LLC (“Waverly”) is a fee-only federally registered investment adviser that serves the investment management and wealth planning needs of a diverse group of clients, including high-net-worth individuals and families, corporate retirement plans, trusts, endowments, and institutions. Waverly manages approximately $16.4 billion in assets (as of 1.10.2025) and offers collaborative investment, tax, estate, and financial planning services. Founded in 1999 in Birmingham, Alabama, the company has 35 offices across the U.S. and a team of over 250 professionals who hold many of the industry’s most prestigious credentials.