Waverly Advisors Acquires Dickinson Investment Advisors 

Written on January 13, 2025

Waverly enters Iowa market 

  

BIRMINGHAM, Ala. — January 14, 2025 — 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 Dickinson Investment Advisors (“Dickinson”), an investment advisory firm in Council Bluffs, Iowa. This partnership expands Waverly’s reach into new markets across Iowa. 

 

Founded in 1998 by Ron Dickinson, Dickinson implements a team-based approach to serving its wealth management clients and offers specialized tax planning solutions as a complement to its comprehensive financial planning and investment management platform. Using this approach, the Dickinson team has helped clients retire with comfort and peace of mind. Ron is joined by his entire team at Waverly. 

 

“Ron and his team have created a thriving firm by fostering long-term, personalized relationships with their clients,” said Justin Russell, President and CEO of Waverly. “We truly appreciate the priority that Dickinson places on its client relationships, as our client-centric approach is the foundation of Waverly’s culture.” 

 

“Partnering with Waverly provides my team with the opportunity to serve our clients with enhanced resources and infrastructure,” said Ron. “Waverly’s commitment to serving its clients, communities, and team members was a key factor in our decision to partner with Waverly, and we are excited to join the firm.” 

 

The acquisition of Dickinson marks Waverly’s 21st 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 January 10, 2025 and increases Waverly’s AUM to approximately $16.4 billion.  

 

“With the continued advancement of Waverly’s M&A initiative, the firm has seen substantial growth across multiple U.S. regions,” said Mac Selverian, Principal at WPCG. “It will be exciting to watch Waverly move into new markets as 2025 progresses.” 

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 $16.4 billion in assets (as of 1.10.2025) and offers collaborative investment, tax, estate, and financial planning services. Founded in 1999 in Birmingham, Alabama, the company has 35 offices across the U.S. and a team of over 250 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. 

 

Contact:  

Robyn Schubart for Waverly Advisors 

Marketing Manager 

Email: [email protected]  

Website: www.waverly-advisors.com  

  

 

 

 

 

Back to Resources
Top