Waverly Advisors, a Birmingham, Alabama-based registered investment adviser managing $5.3 billion, has acquired Wall Advisors, a Lakeland, Florida-based RIA firm managing $186 million.
Financial terms weren't disclosed.
Wall Advisors was established in 1986 by H. Lee Wall, founding partner of affiliated CPA firm Wall Titus. Waverly will continue to collaborate with Wall Titus professionals after the firm’s four professionals join Waverly, with Lee Wall assuming the role of regional director.
This acquisition marks the third since Waverly accepted an equity investment in December 2021 from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform, Waverly Advisors said in a press release Monday. The partnership supports Waverly’s M&A-focused growth initiatives, particularly aimed at wealth management firms with a CPA orientation.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
