Waverly Advisors Expands Pacific Northwest Footprint with McBride Financial Acquisition
Event summary
- Waverly Advisors acquired McBride Financial Advisors, based in Seahurst, Wash., on March 13, 2026.
- The deal marks Waverly’s second acquisition in the Pacific Northwest this year, following Pure Portfolios in January.
- McBride brings approximately $181 million in AUM to Waverly, increasing its total AUM to $30.4 billion as of March 16, 2026.
- Michael McBride will join Waverly as a Wealth Advisor post-acquisition.
The big picture
Waverly’s acquisition of McBride underscores its strategy of regional consolidation, particularly in high-growth markets like the Pacific Northwest. With backing from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform, Waverly is positioning itself as a dominant player in the RIA space through disciplined M&A. The deal highlights the broader trend of scale-building among RIAs to compete with larger institutional players.
What we're watching
- Regional Consolidation
- Whether Waverly can sustain its aggressive expansion in the Pacific Northwest through further acquisitions.
- Integration Challenges
- How Waverly will integrate McBride’s client-centric approach with its existing operations.
- AUM Growth Trajectory
- The pace at which Waverly can grow its AUM through targeted acquisitions and organic growth.
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