Waverly Advisors, a Birmingham, Alabama-based registered investment adviser, has acquired McBride Financial Advisors, a Seahurst, Washington-based wealth management firm overseeing approximately $181 million in assets under management as of year-end 2025. The transaction marks Waverly’s second acquisition in the Pacific Northwest in 2026, following its earlier purchase of an Oregon-based firm, as it continues to scale its regional footprint.
Founded by Michael McBride, the acquired firm provides comprehensive wealth management services, including financial planning, retirement planning, estate and trust planning, and tax-sensitive investment strategies. The firm has built its reputation on a client-centric approach emphasizing long-term relationships and fiduciary responsibility.
As part of the deal, Michael McBride will join Waverly Advisors as a Wealth Advisor, bringing his client base and planning expertise to the broader platform. The partnership is expected to enhance service capabilities through access to additional resources and infrastructure while maintaining McBride’s personalized client service model.
The acquisition represents Waverly’s 31st transaction since receiving an equity investment in December 2021 from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform. The deal closed on March 13, 2026.
Following the transaction, Waverly Advisors manages approximately $30.4 billion in assets as of mid-March 2026. The firm, founded in 1999, operates 47 offices across the United States and employs more than 420 professionals serving high-net-worth individuals, families, institutions, and retirement plans.
The deal underscores Waverly’s ongoing strategy of acquiring culturally aligned firms to accelerate growth and deepen its presence in key regional markets, particularly in the Pacific Northwest.
KEY QUOTES:
“As Waverly continues to thoughtfully expand our footprint, acquiring firms that lead with integrity and have a deep sense of responsibility to their clients is our top priority. McBride exemplifies what it means to operate as a dedicated fiduciary, making it a priority to understand each client’s unique situation and deliver advice with care, discipline and professionalism.”
Justin Russell, President And CEO Of Waverly Advisors
“McBride’s mission has always been to provide responsive and personalized services grounded in trust and transparency. Partnering with Waverly allows me to remain consistent in my client service approach, while benefiting from added resources that enhance my ability to support my clients’ complex planning needs.”
Michael McBride, Founder Of McBride Financial Advisors
“This transaction advances Waverly’s long-term growth strategy and accelerates its expansion in a key, regional market. The acquisition strengthens Waverly’s presence in the Pacific Northwest and underscores its disciplined M&A approach, rooted in cultural alignment.”
Pete Wheatley, Director At Wealth Partners Capital Group
