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.
