Waverly expands presence in Massachusetts

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 Bridge Creek Capital Management (“Bridge Creek”), a wealth management firm located on Cape Cod, Massachusetts. This partnership strengthens Waverly’s presence in the Northeast, representing the firm’s second acquisition in Massachusetts within seven months of entering the state.

Founded by Barry Paster, Bridge Creek is committed to delivering highly personalized investment management and financial planning services. Under the leadership of Barry and his partner, Scott Myers, the firm serves clients with a disciplined, long-term investment approach. The entire Bridge Creek team joins Waverly, with the acquisition increasing Waverly’s AUM by approximately $447 million.

“Welcoming the talented Bridge Creek team to Waverly is an exciting step forward,” said Justin Russell, President and CEO of Waverly. “Their deep client relationships and alignment with Waverly's core values make this partnership a natural fit.”

“Waverly’s culture and commitment to excellence made our decision to partner an easy one,” said Barry Paster. “By joining Waverly, our clients will have access to expanded resources and expertise while continuing to receive the personalized attention they value.”

The acquisition of Bridge Creek marks Waverly’s 27th 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 October 31, 2025, and will increase Waverly’s AUM to approximately $26 billion (as of 10.31.2025).

“From our first meeting with Barry and Scott, it was clear that their commitment to client success aligned with Waverly’s core mission,” said Pete Wheatley, Director at WPCG. “This partnership will strengthen Waverly’s ability to service clients across Massachusetts, while bringing exceptional leadership to the Waverly team.”

Rebecca Daves of Advisor Growth Strategies advised Bridge Creek on the transaction.

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 $26 billion in assets (as of 10.31.2025) and offers collaborative investment, tax, estate, and financial planning services. Founded in 1999 in Birmingham, Alabama, the company has 43 offices across the U.S. and a team of over 350 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.

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Welcoming the talented Bridge Creek team to Waverly is an exciting step forward.