Waverly Advisers, a 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 partnered with Gwynn Management Co., based in Atlanta.
The acquisition of Gwynn will increase assets under management by approximately $250 million bringing Waverly’s total AUM to approximately $6.6 billion. Financial and legal terms of the deal will not be disclosed.
“This year has been exciting for the Waverly Atlanta team as the Gwynn partnership marks our second acquisition in the region, following Omni Wealth Management in March,” said Scott Craig, regional director of Waverly.
This is the seventh acquisition since Waverly accepted an equity investment in December 2021 from Wealth Partners Capital Group (WPCG) and HGGC’s Aspire Holdings platform. In June, Waverly announced its acquisition of Sil