Waverly Advisors, 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 Fiduciary Wealth Advisors (FWA), a wealth management firm located in Sarasota, Fla. The partnership further expands Waverly’s presence in southwest Florida.
Founded by Scott Collins in 2014, FWA manages portfolios using a well-defined, data-driven approach. Collins will join Waverly as a partner and wealth adviser. The acquisition of FWA will contribute approximately $110 million in assets under management (AUM) to the firm.
The acquisition of FWA marks Waverly’s 25th transaction since accepting an equity investment in December 2021 from Wealth Partners Capital Group (WPCG) and HGGC’s Aspire Holdings platform. The transaction closed on April 4, 2025.
