Waverly Advisors Acquires McShane Partners
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 the investment advisory business of McShane Partners (“McShane”), based in Charlotte, North Carolina.
- 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 the investment advisory business of McShane Partners (“McShane”), based in Charlotte, North Carolina.
- McShane was founded in 1985 as one of the first fee-only RIAs in Charlotte.
- “The McShane team brings additional strategies to Waverly's growing public and private market investment options,” said Justin Russell, President of Waverly.
- “It is clear that Waverly shares these values, and we are confident this partnership will offer increased resources and support for our clients.”
The acquisition of McShane marks Waverly’s thirteenth transaction since accepting an equity investment in December 2021 from Wealth Partners Capital Group (“WPCG”) and HGGC’s Aspire Holdings platform.