The acquisition expands Waverly’s reach to new markets in the Indianapolis area

Waverly Advisors, LLC (“Waverly”), a federally registered investment adviser (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired CenterPoint Wealth Management (“CenterPoint”), an investment advisory business based in Zionsville, Indiana.

CenterPoint was founded in 2001 by Brian Brunner. His team serves a diverse group of clients with a wide spectrum of financial needs ranging from individual retirement portfolios to multi-million dollar family trusts. The entire CenterPoint team joins the Waverly family.

“This merger aligns well with our firm’s strategy of partnering with culture-focused RIAs,” said Justin Russell, President of Waverly. “While we continue to grow our presence in Indiana, we also gain expertise and experience from our new team members.”

“The team at Waverly is the reason we chose to partner with the firm,” said Brian Brunner, President of CenterPoint. “Our cultures fit very well, and we are excited to be able to provide additional resources and infrastructure to our clients, and align ourselves with a like-minded, client-centric group that prioritizes clients, family, and the community they serve.”

The acquisition of CenterPoint marks Waverly’s 16^th transaction since accepting an equity investment in December 2021 from Wealth Partners Capital Group (“WPCG”) and HGGC’s Aspire Holdings platform. The transaction closed on September 27, 2024, and increases Waverly’s AUM to approximately $13.2 billion.

“It has been an exciting journey working with Waverly and assisting their growth,” said Mac Selverian, WPCG Principal. “Looking ahead we see even greater potential for the firm’s M&A strategy.”

Financial and legal terms of the deal will not be disclosed.

About Waverly

Waverly Advisors, LLC (“Waverly”) is a fee-only federally 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. Waverly manages approximately $13.2 billion in assets (as of 09.27.2024) and offers collaborative investment, tax, estate, and financial planning services. Founded in 1999 in Birmingham, Alabama, the company has 22 offices across the U.S. and a team of over 180 professionals who hold many of the industry’s most prestigious credentials. For more information, please visit www.waverly-advisors.com.

About Wealth Partners Capital Group

Wealth Partners Capital Group (“WPCG”) is a financial services holding company, which invests in and partners with select leading wealth management firms. WPCG assists its partner firms by identifying and integrating like-minded wealth advisers who seek access to expanded business capabilities, strategic growth and/or customized transition solutions. For more information, please visit www.wealthpcg.com.

About HGGC

HGGC is a values-driven, partnership-focused private investment firm. The firm’s ecosystem of investors, operators, and professionals are united by the shared mission to develop leading enterprises and build long term value together. HGGC invests in technology, business services, financial services and consumer enterprises generally valued between $200M - $1.5B+. The firm is based in Palo Alto, CA and manages over $6.9 billion in cumulative capital commitments. Since its inception in 2007, HGGC has completed more than 600 platform investments, add-on acquisitions, recapitalizations, and liquidity events with an aggregate transaction value of over $71 billion. HGGC makes investments in RIAs via its Aspire Holdings platform, which is targeting $300 million of total investment in the space. For more information, including a complete list of current and former investments, please visit www.hggc.com.

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