Waverly Advisors Expands Alabama Footprint with InVista Acquisition
Event summary
- Waverly Advisors acquired InVista Advisors, a Montgomery-based wealth management firm with $332M in AUM as of July 21, 2026.
- The deal marks Waverly's fifth location in Alabama and its 35th transaction since receiving equity investment from WPCG and HGGC in December 2021.
- InVista's leadership team, including CEO Carl 'Brandt' McDonald and COO Michael Barranco, will join Waverly as Partners and Wealth Advisors.
- Waverly now manages approximately $35.6B in assets (as of July 27, 2026) across 53 offices in the U.S.
The big picture
This acquisition underscores Waverly's aggressive growth strategy, backed by private equity investors aiming to scale regional wealth management platforms. The deal reflects broader industry trends of consolidation among RIAs seeking economies of scale and expanded market reach. With $35.6B in AUM, Waverly is positioning itself as a dominant player in the Southeastern U.S., particularly in Alabama.
What we're watching
- Integration Challenges
- How Waverly will maintain InVista's personalized client experience while integrating its operations.
- Market Consolidation
- The pace at which similar acquisitions occur in the regional wealth management space.
- Strategic Expansion
- Whether Waverly can leverage this deal to strengthen its position as a leading platform in Alabama.
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