Waverly Advisors Acquires InVista Advisors for $443M in AUM
Waverly Advisors, an Alabama-based registered investment advisor (RIA), has acquired InVista Advisors, a hybrid RIA previously affiliated with LPL Financial. The acquisition adds approximately $443 million in client assets under management to Waverly's portfolio and expands its presence across Alabama. InVista’s team of advisors and senior associates have joined Waverly, including partners Carl 'Brandt' McDonald Jr., Austin Barranco, Michael Barranco, Lisa Free, Mary Kathryn Smith, Chad Conoly, Jacqueline Costner, and Tina McDowell. The move follows a recent acquisition in June that added $250 million from WealthPlans and Cooley & Associates. Waverly now manages over $35.5 billion in assets across 52 U.S. offices with more than 450 professionals.
Topics: Assets Under Management RIA Acquisition Wealth Management