Waverly Advisors, LLC
Registered investment adviser · Birmingham, AL · CRD #115332
Form ADV data as of 2026-09-01Regulatory assets
$29.87 billion
Total accounts
35,709
Employees
414
Disclosure events
0
Firm details
- Website: https://www.waverly-advisors.com
- Telephone: 205-871-3334
- SEC file number: 801-60741
- Most recent Form ADV filing: 2026-08-31
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $25.22 billion |
| Non-discretionary regulatory assets under management | $4.65 billion |
| Total regulatory assets under management | $29.87 billion |
| Discretionary accounts | 34,106 |
| Non-discretionary accounts | 1,603 |
| Total accounts | 35,709 |
| Regulatory assets under management attributable to non-U.S. persons | $17.5 million |
People
| Total employees (excluding clerical) | 414 |
| Employees performing investment advisory functions (including research) | 197 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 192 |
| Employees registered as IARs for another investment adviser | 3 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 7 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $4.32 billion |
| Clients for whom the firm has custody | 1,583 |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $280.3 million |
| Clients for whom a related person has custody | 82 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | Yes |
| Number of persons acting as qualified custodians for the firm's clients | 90 |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Recommends securities for which it serves as underwriter or general partner
- Recommends brokers or dealers to clients
- Receives soft dollar benefits
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
- Receives compensation from others for client referrals
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 8,621 | $3.78 billion |
| High net worth individuals | 4,302 | $17.41 billion |
| Banking or thrift institutions | 2 | $3.9 million |
| Investment companies | 1 | $16.6 million |
| Pooled investment vehicles (other than investment companies and BDCs) | 27 | $1.85 billion |
| Pension and profit sharing plans (not the participants or government plans) | 453 | $4.85 billion |
| Charitable organizations | 81 | $823.0 million |
| State or municipal government entities (including government pension plans) | 1 | $14.4 million |
| Insurance companies | 1 | $15.6 million |
| Corporations or other businesses not listed above | 200 | $1.11 billion |