Waverly continues to grow in Ohio

Waverly Advisors, LLC (“Waverly”), a federally registered investment adviser (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Brass Tax Wealth Management (“Brass Tax”), a wealth management firm located in Blue Ash, OH. This partnership supports Waverly’s growth strategy in the Ohio market and further strengthens the firm’s expanding regional presence.

Neal Schulte has more than 40 years of experience, beginning with the launch of Schulte & Uhrig, CPAs in 1982, followed by the launch of Schulte Financial Group in 2003. Brass Tax, founded by Neal’s son, Nick, and daughter, Leah, delivers wealth planning, investment management, and tax strategies tailored to each client’s unique needs. Brass Tax distinguishes itself through a commitment to integrity, transparency, and building long-term relationships. The entire Brass Tax team joins Waverly, with the acquisition increasing Waverly’s AUM by $465 million.

“Partnering with the talented Brass Tax team advances Waverly’s vision of becoming a world-class RIA,” said Justin Russell, President and CEO of Waverly. “Neal and his team share a commitment to Waverly’s values and culture, essential to maintaining the collaborative environment at Waverly and elevating the client experience."

“Waverly’s commitment to its clients was a key factor in the decision to join the firm,” said Neal Schulte. “By partnering with Waverly, the team has gained access to enhanced technology and back-office capabilities, allowing us to focus on providing clients with a more comprehensive and personalized experience."

The acquisition of Brass Tax marks Waverly’s 25^th transaction since accepting an equity investment in December 2021 from Wealth Partners Capital Group (“WPCG”) and HGGC’s Aspire Holdings platform. The transaction closed on September 12, 2025, and increases Waverly’s AUM to approximately $19.9 billion (as of 9.12.2025).

“With nine locations now established across Ohio, we are excited to see Waverly’s expanding footprint in the region,” said Mac Selverian, Partner at WPCG. “The firm’s growing presence reflects how Waverly’s culture and commitment to client service resonate in the Midwestern markets.”

Financial and legal terms of the deal will not be disclosed.

About Waverly

Waverly Advisors, LLC (“Waverly”) is a fee-only federally registered investment adviser that serves the investment management and wealth planning needs of a diverse group of clients, including high-net-worth individuals and families, corporate retirement plans, trusts, endowments, and institutions. Waverly manages approximately $19.9 billion in assets (as of 9.12.2025) and offers collaborative investment, tax, estate, and financial planning services. Founded in 1999 in Birmingham, Alabama, the company has 40 offices across the U.S. and a team of over 300 professionals who hold many of the industry’s most prestigious credentials. For more information, please visit www.waverly-advisors.com.

About Wealth Partners Capital Group

Wealth Partners Capital Group (“WPCG”) is a financial services holding company, which invests in and partners with select leading wealth management firms. WPCG assists its partner firms by identifying and integrating like-minded wealth advisers who seek access to expanded business capabilities, strategic growth and/or customized transition solutions. For more information, please visit www.wealthpcg.com.

About HGGC

HGGC is a values-driven, partnership-focused private investment firm. The firm’s ecosystem of investors, operators, and professionals are united by the shared mission to develop leading enterprises and build long term value together. HGGC invests in technology, business services, financial services and consumer enterprises generally valued between $200M - $1.5B+. The firm is based in Palo Alto, CA and manages over $6.9 billion in cumulative capital commitments. Since its inception in 2007, HGGC has completed more than 600 platform investments, add-on acquisitions, recapitalizations, and liquidity events with an aggregate transaction value of over $71 billion. HGGC makes investments in RIAs via its Aspire Holdings platform, which is targeting $300 million of total investment in the space. For more information, including a complete list of current and former investments, please visit www.hggc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250916929047/en/