Waverly acquires its second RIA in Colorado

October 29, 2024 – BIRMINGHAM, Ala. – Waverly Advisors, LLC (“Waverly”), 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 Mueller Financial Solutions, Co. (“Mueller”), an investment advisory firm based in Canon City, Colorado. The partnership marks Waverly’s second location in Colorado since the acquisition of Rainsberger Wealth Advisors in 2023.

“Jeff and his team serve their clients with the same dedication as we do” Post this

Mueller was founded in 1992 by Jeffrey Mueller who previously supervised an internal audit department for a Fortune 500 company and prior to that worked at one of the nation’s “Big 8” CPA firms. Mueller helps high-net-worth families navigate complex financial decisions by providing comprehensive wealth management and tax and retirement planning. Jeff serves as Partner and Wealth Advisor at Waverly and his entire team has joined the firm.

“Jeff and his team serve their clients with the same dedication as we do,” said Justin Russell, President of Waverly. “By partnering with like-minded RIAs, we maintain our firm’s culture of serving both our clients and our communities with integrity and grace.”

“At Mueller we know that attaining financial success requires a multifaceted approach,” said Jeff. “By joining Waverly, we access greater resources and a robust infrastructure that allows our team to better serve our clients.”

The acquisition of Mueller marks Waverly’s 18^th 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 October 25, 2024. Waverly’s AUM is approximately $14.4 billion.

“We are excited to see this terrific addition to Waverly’s Colorado region,” said Mac Selverian, WPCG Principal. “Our team continues to identify culturally aligned RIAs to help Waverly grow as a world-class wealth management firm.”

Financial and legal terms of the deal will not be disclosed.

About Waverly

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 $14.4 billion in assets (as of 10.25.2024) and offers collaborative investment, tax, estate, and financial planning services. Founded in 1999 in Birmingham, Alabama, the company has 26 offices across the U.S. and a team of over 200 professionals who hold many of the industry’s most prestigious credentials. For more information, please visit www.waverly-advisors.com.

About Wealth Partners Capital Group

Wealth Partners Capital Group (“WPCG”) is a financial services holding company, which invests in and partners with select leading wealth management firms. WPCG assists its partner firms by identifying and integrating like-minded wealth advisers who seek access to expanded business capabilities, strategic growth and/or customized transition solutions. For more information, please visit www.wealthpcg.com.

About HGGC

HGGC is a values-driven, partnership-focused private investment firm. The firm’s ecosystem of investors, operators, and professionals are united by the shared mission to develop leading enterprises and build long term value together. HGGC invests in technology, business services, financial services and consumer enterprises generally valued between $200M – $1.5B+. The firm is based in Palo Alto, CA and manages over $6.9 billion in cumulative capital commitments. Since its inception in 2007, HGGC has completed more than 600 platform investments, add-on acquisitions, recapitalizations, and liquidity events with an aggregate transaction value of over $71 billion. HGGC makes investments in RIAs via its Aspire Holdings platform, which is targeting $300 million of total investment in the space. For more information, including a complete list of current and former investments, please visit www.hggc.com.

Contacts

Robyn Schubart for Waverly Advisors
Marketing Manager
Email: [email protected]
Website: www.waverly-advisors.com

Source : Businesswire