Waverly Expands in Iowa with $373M Dickinson Investment Advisors 

Waverly Advisors, LLC has acquired Dickinson Investment Advisors, a $373 million investment advisory firm in Council Bluffs, IA, expanding its reach into new markets across the state and increasing total assets under management to $16.4 billion. 

Financial terms of the deal, which closed on January 10, were not disclosed. 

Founded in 1998 by Ron Dickinson, the firm offers specialized tax planning solutions as a complement to its comprehensive financial planning and investment management platform. Dickinson and his entire team will join Waverly. 

“Ron and his team have created a thriving firm by fostering long-term, personalized relationships with their clients,” said Justin Russell, president and CEO of Waverly. “We truly appreciate the priority that Dickinson places on its client relationships, as our client-centric approach is the foundation of Waverly’s culture.” 

The acquisition marks Birmingham, AL-based Waverly’s 21st transaction since receiving backing from RIA investor Wealth Partners Capital Group and private equity firm HGGC in December 2021.  

The firm most recent acquisition was 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.  

Connect Money will spotlight rising stars who have significantly influenced both the workplace and community. Based on your nomination, we will recognize professionals who have made a valuable contribution to the wealth management industry.  The deadline is February 26. Click here to submit your nominations.