Acquisition advances Waverly’s expansion in the Pacific Northwest

BIRMINGHAM, Ala.--(BUSINESS WIRE)--

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 McBride Financial Advisors (“McBride”) based in Seahurst, Wash. This is Waverly’s second transaction in the Pacific Northwest this year, following its acquisition of Pure Portfolios based in Lake Oswego, Ore. in January.

Founded by Michael McBride, McBride has built its practice on a foundation of integrity, professionalism and a fiduciary commitment to its clients. The firm provides comprehensive wealth management services, including financial planning, retirement planning and estate and trust planning, with options to implement tax-sensitive investments and philanthropic strategies. Known for its personalized approach and long-term investment philosophy, McBride emphasizes trusted and enduring client relationships. As part of the transaction, Michael McBride will join Waverly as a Wealth Advisor, bringing with him approximately $181 million in assets under management (“AUM”) (as of 12.31.2025).

“As Waverly continues to thoughtfully expand our footprint, acquiring firms that lead with integrity and have a deep sense of responsibility to their clients is our top priority,” said Justin Russell, President and CEO of Waverly. “McBride exemplifies what it means to operate as a dedicated fiduciary, making it a priority to understand each client’s unique situation and deliver advice with care, discipline and professionalism.”

“McBride’s mission has always been to provide responsive and personalized services grounded in trust and transparency,” said Michael. “Partnering with Waverly allows me to remain consistent in my client service approach, while benefiting from added resources that enhance my ability to support my clients’ complex planning needs.”

The acquisition of McBride marks Waverly’s 31st 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 March 13, 2026. Waverly’s AUM is set at approximately $30.4 billion (as of 03.16.2026).

“This transaction advances Waverly’s long-term growth strategy and accelerates its expansion in a key, regional market,” said Pete Wheatley, Director at WPCG. “The acquisition strengthens Waverly’s presence in the Pacific Northwest and underscores its disciplined M&A approach, rooted in cultural alignment.”

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 $30.4 billion in assets (as of 03.16.2026) and offers collaborative investment, tax, estate, and financial planning services. Founded in 1999 in Birmingham, Alabama, the company has 47 offices across the U.S. and a team of over 420 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’s mission is to use its capital, strategic M&A expertise and organic growth capabilities to help its partner firms grow. WPCG identifies, values and negotiates with wealth advisory practices for its partners to acquire and integrate. 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.

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Source: Waverly Advisors, LLC