Waverly Advisors Acquires Rainsberger Wealth Advisors
October 20, 2023
Waverly Advisors, a Birmingham-based registered investment adviser, has acquired Rainsberger Wealth Advisors of Colorado Springs, marking Waverly's entry into Colorado. The deal — closed October 20, 2023 — adds $302 million of AUM to Waverly and is the firm's ninth acquisition since taking equity investment from Wealth Partners Capital Group and HGGC's Aspire Holdings platform.
- Buyers
- Waverly Advisors, LLC
- Targets
- Rainsberger Wealth Advisors
- Sellers
- Bud Rainsberger, Rainsberger Wealth Advisors
- Industry
- Financial Services
- Location
- Colorado, United States
- Transaction Type
- Addon
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