Waverly Advisors, LLC

RIASEC RegisteredEst. 2001

Total AUM

$29.9B

Discretionary

$25.2B

84% of AUM

Avg account

$837K

Accounts

35,709

Employees

414

Advisory reps

228

Firm details

Headquarters: Birmingham, Alabama
CRD number: 115332
Registered since: November 30, 2001
Website: www.waverly-advisors.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees
Client types: HNWI58.28%
Pension & Profit Sharing Plans16.25%
Individuals12.66%
Pooled Investment Vehicles6.18%
Corporations / Businesses3.7%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Waverly Advisors, LLC is an independent, SEC-registered RIA formed in 2001 that serves both high-net-worth individuals and institutional clients. The firm operates as a capital allocator and offers a mix of financial planning, portfolio management for individuals, pooled vehicles and institutions, pension consulting, and manager selection. Its billing model is flexible and includes AUM-based fees alongside fixed, hourly and performance-based arrangements. Waverly identifies as an active ESG investor and also lists accounting among its business activities. The firm has been recognized repeatedly in industry rankings and lists, with placements by outlets such as FA Magazine, Forbes, CNBC, Barron’s, Citywire and AdvisorHub across multiple years (2020–2026). These citations reflect visibility in the RIA marketplace rather than a single service claim.