Waverly Advisors Acquires Derbend Asset Management

We are pleased to announce a new chapter in our journey. We have become part of Waverly Advisors, LLC effective May 17, 2024.

To help take our organization to the next level, expanding on the wealth of services we provide, we have partnered with a firm that shares our values, and we found that in Waverly. At the core of both Waverly and Derbend is a shared dedication to prioritizing you, our valued client. Our mission will continue to be deeply rooted in making a meaningful impact on your life through thoughtful financial planning and data-driven investment management. More than just managing wealth, we are here to cultivate enduring and robust relationships with you, understanding that your financial journey is a personal and ongoing endeavor.

Waverly CEO, Josh Reidinger

"Waverly’s philosophy is dedicated to supporting the daily lives of our clients and the financial decisions and challenges that go hand-in-hand. We see Derbend's core values align with our own, making this merger feel more like a natural progression for all parties involved. We are thrilled to welcome the Derbend team to Waverly, as we continue to grow."


Derbend Founder, Chip Beard

“My vision was to build a multidisciplinary team of advisors with expertise not only in investments but legal, tax, and financial planning. Having accomplished that, the fit with Waverly only bolsters those areas which I have found more and more important to clients throughout my career.”


Derbend Partner, Brian Chustz

“We anticipate that this partnership will open up greater opportunities, offer enhanced resources, and broaden our range of services for both our clients and team members alike. The synergies from combining our teams' financial planning and investment management expertise, diverse skill sets, along with our distinct areas of specialization, will further elevate the overall client experience. Our commitment is to excel in addressing the various aspects of your financial journey, always prioritizing you, our client."


We’re available to answer any questions you may have about the firm, our team and future plans. We invite you to reach out should you have any questions.

A copy of Waverly Advisors’ written disclosure statement discussing advisory services and fees is available upon request or by clicking here.