Waverly deepens Florida reach with Fiduciary Wealth Advisors purchase

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GlobalData

Tue, Apr 8, 2025, 2:50 AM 1 min read

US-based RIA Waverly Advisors has acquired Fiduciary Wealth Advisors (FWA), a wealthiness absorption steadfast successful Sarasota, Florida.

Financial details of the acquisition were not disclosed.

The integration of FWA adds astir $110m successful assets nether absorption to Waverly's portfolio.

This acquisition enhances Waverly's beingness successful the Southwest Florida region.

Waverly president and CEO Justin Russell said: “Attracting apical endowment similar Scott is simply a cardinal crushed Waverly continues to absorption connected M&A.

“Bringing connected experienced professionals similar Scott, who align intimately with Waverly’s halfway values, helps foster a collaborative situation wherever the squad tin larn from 1 another, deepen their manufacture knowledge, and elevate Waverly’s outstanding lawsuit experience.”

FWA, established successful 2014 by Scott Collins, offers “data-driven” portfolio management.

Collins volition modulation to Waverly arsenic a spouse and wealthiness advisor pursuing the acquisition.

Collins said: “Waverly’s committedness to its clients was precise charismatic to maine erstwhile considering a partnership.

“By joining Waverly, my clients volition payment from enhanced infrastructure and further resources, enabling maine to absorption solely connected servicing clients.”

This woody represents Waverly's 25th transaction since receiving an equity concern successful December 2021 from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform.

Tyler Nunnally from Nunnally International advised FWA for this deal.

Recently, Waverly Advisors expanded its home beingness by acquiring NBW Capital, adding astir $500m successful assets.

"Waverly deepens Florida scope with Fiduciary Wealth Advisors purchase" was primitively created and published by Private Banker International, a GlobalData owned brand.

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