Waverly Acquires Sandifer


January 11, 2023

On December 12, 2022, Wavery Advisors announced the acquisition of Sandifer Wealth Management.

Under the terms of the transaction, Waverly Advisors (“Waverly”) acquired Sandifer Wealth Management (“Sandifer”) in a transaction that closed on December 9, 2022. The transaction was Waverly’s fourth of 2022. Further terms were not disclosed.

Waverly, based in Birmingham, Alabama, is a registered investment advisor serving high-net-worth clients. Waverly has over $5.6 billion in client assets under management.

Sandifer, based in Mobile, Alabama, is a registered investment advisor offering financial planning and asset management services. Sandifer has approximately $200 million in client assets under management.

To read the press release: please click here.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.