Waverly Buys $110M Southwest Florida Wealth Management Shop 

Waverly Advisors LLC has acquired Fiduciary Wealth Advisors (FWA), a $110 million wealth management firm in Sarasota, further expanding its presence in Southwest Florida. 

FWA, founded in 2014 by Scott Collins, focuses on serving high-net-worth clients with a data-driven investment approach and personalized planning. Collins will join Waverly as a partner and wealth advisor. 

With 39 offices and over 260 professionals, the deal boosts Waverly’s assets under management to around $17.5 billion and marks its 25th deal since a 2021 equity infusion from Wealth Partners Capital Group, a financial services holding company that invests in wealth management firms, and HGGC’s Aspire Holdings.  

Birmingham, AL-based Waverly recently announced the acquisition of GGM Wealth Advisors, a Baltimore-based firm managing over $400 million in assets. The deal closed on March 21, 2025. 

Other recent deals include the acquisition of Dickinson Investment Advisors, a $373 million firm in Council Bluffs, IA and Planning Capital Management Corp., a Paoli, PA-headquartered investment advisory firm, establishing its presence in the greater Philadelphia area.  

Last November, the firm announced it added Buckingham Advisors, an investment advisory firm based in Dayton, OH with more than $900 million in assets. At the beginning of that month, Waverly announced the acquisition of Mueller Financial Solutions, Co., a Canon City, CO-based investment advisory firm.    

Tyler Nunnally with Nunnally International Inc. was FWA’s advisor on the transaction, which closed on April 4, 2025.