Waverly Expands Northeast Reach with $400M GGM Wealth Buy 

Waverly Advisors, LLC, a Birmingham, AL-based RIA, has acquired GGM Wealth Advisors, a Baltimore-based firm managing over $400 million in assets. This deal, closed on March 21, 2025, expands Waverly’s footprint into Maryland and Virginia, enhancing its Northeast presence. 

Founded in 1996 by Jeff Johnson and Michael Little, GGM serves a mix of high-net-worth individuals, nonprofits, and institutional clients with tailored investment and wealth management strategies. The entire seven-person team, led by Johnson and Little—now partners and regional directors—has joined Waverly. 

The acquisition boosts Waverly’s assets to approximately $16.9 billion. With 37 offices and over 260 professionals, this marks its 22nd 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. 

The last deal announced was the acquisition of Dickinson Investment Advisors, a $373 million firm in Council Bluffs, IA, expanding its reach into new markets across the state.  

Other acquisitions include 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.