Waverly Advisors Acquires $447M Massachusetts Wealth Manager
Waverly Advisors, LLC has acquired Bridge Creek Capital Management, a Cape Cod–based wealth management firm overseeing $447 million in client assets, strengthening Waverly’s presence in the Northeast. The acquisition represents Waverly’s second deal in Massachusetts in the past seven months, further accelerating its regional expansion strategy.
Founded by Barry Paster, Bridge Creek provides customized investment management and financial planning services. As part of the transaction, the entire Bridge Creek team has joined Waverly.
“Welcoming the talented Bridge Creek team to Waverly is an exciting step forward,” said Justin Russell, President and CEO of Waverly. “Their deep client relationships and alignment with Waverly’s core values make this partnership a natural fit.”
This acquisition marks Waverly’s 28th transaction since receiving an equity investment in December 2021 from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform. The deal closed on October 31, 2025; financial terms were not disclosed. Advisor Growth Strategies’ Rebecca Daves advised Bridge Creek on the transaction.
The move follows a string of recent expansions for $26 billion Birmingham-based Waverly, including the acquisition of Seattle-based Pacific Portfolio Consulting and Pacific Portfolio Trust Company ($5B AUM), Brass Tax Wealth Management in Ohio ($465M AUM) and Fiduciary Wealth Advisors in Sarasota, Florida ($110M AUM).