Waverly Advisors Acquires Fiduciary Wealth Advisors
Summary
Founded by Scott Collins in 2014, FWA is committed to prioritizing its clients best interests and managing portfolios using a well-defined, data-driven approach. 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. 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. 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. Since its inception in 2007, HGGC has completed more than 700 platform investments, add-on acquisitions, recapitalizations, and liquidity events with an aggregate transaction value of over $80 billion.