The acquisition brings US$332m in assets and marks the adviser’s fifth Alabama location as it continues to scale across the US.

Waverly Advisors (Waverly), an Alabama-based federally registered investment adviser (RIA), has expanded its portfolio with the acquisition of InVista Advisors, a Montgomery-based wealth management firm with approximately US$332m in assets under management. The acquisition represents Waverly’s 35 th   transaction since raising capital in December 2021   The deal, which closed on 24 July, marks Waverly’s fifth location in Alabama and continues the adviser’s expansi