Waverly Advisors Acquires CenterPoint Wealth

INVESTMENT MANAGEMENT DEALS BLOG

October 24, 2024

On October 1, 2024, Waverly Advisors, LLC announced that it acquired CenterPoint Wealth Management.

Waverly Advisors, LLC (“Waverly”) announced on October 1, 2024, that it acquired CenterPoint Wealth Management (“CenterPoint”) in a transaction that closed on September 27, 2024. Further terms of the transaction were not disclosed.

Waverly, based in Birmingham, Alabama, is a fee-only registered investment advisor specializing in investment management, financial planning and wealth management solutions for high-net-worth individuals, corporate retirement plans and institutional clients. Waverly now has approximately $13.2 billion in assets under management.

CenterPoint, based in Zionsville, Indiana, is an investment advisory business providing financial planning services to individual retirement portfolios to multi-million-dollar family trusts.

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.