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Waverly Advisors completes acquisition of River Capital Advisors

PRIVATEJul 23, 2024

Acquiring Company

Waverly Advisors

Acquired Company

River Capital Advisors L.C

United StatesJacksonvilleFinancial ServicesFinanceFinancial ServicesFinanceVenture CapitalAngel Investment

Description

Waverly Advisors, LLC has successfully acquired River Capital Advisors, L.C., an investment advisory business based in Jacksonville, Florida. This acquisition enhances Waverly's capabilities and adds significant growth potential to their portfolio.

Quick answer

Waverly Advisors is acquiring River Capital Advisors L.C, announced July 23, 2024. Waverly Advisors is based in United States.

How much did Waverly Advisors pay for River Capital Advisors L.C?
The deal value was not disclosed.
What does Waverly Advisors do?
Waverly is a fee-only 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..
Where are Waverly Advisors and River Capital Advisors L.C based?
Waverly Advisors is based in United States. River Capital Advisors L.C is based in Jacksonville, Florida, United States.
Who are the decision-makers at Waverly Advisors?
Fundz holds 1 contact at Waverly Advisors. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Waverly Advisors

Location

United States

About

Waverly is a fee-only 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. After the conversion of assets from SWM, Waverly expects to have in excess of $5.6 billion in assets under management. Waverly offers collaborative investment, tax, estate and financial planning services. Founded in 1999 in Birmingham, Alabama, the company currently has eight offices across the Southeast and a team of over 70 professionals who hold many of the industry’s most prestigious credentials. For more information, please visit www.waverly-advisors.com.

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Frequently asked

Who acquired River Capital Advisors L.C?

River Capital Advisors L.C was acquired by Waverly Advisors, based in United States. The deal was reported on July 23, 2024. Waverly Advisors is privately held and operates in Financial Services.

When did Waverly Advisors acquire River Capital Advisors L.C?

Waverly Advisors's acquisition of River Capital Advisors L.C was reported on July 23, 2024. Waverly Advisors, LLC has successfully acquired River Capital Advisors, L.C., an investment advisory business based in Jacksonville, Florida. This acquisition enhances Waverly's capabilities and adds significant growth potential to their portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does River Capital Advisors L.C do?

River Capital Advisors, L.C. is an investment advisory business based in Jacksonville, Florida. It was founded in 1998 as a subsidiary of Smoak, Davis & Nixon, LLP, and brings significant growth potential to Waverly Advisors. It is privately held, operating in Financial Services, and is based in Jacksonville.

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