Waverly Establishes Ohio Presence with $1B AUM 9258 Wealth Acquisition

Waverly Advisors is expanding into Ohio with three new locations as it acquires 9258 Wealth Management, an RIA servicing $1B in total AUM, the firm said in an October 22 press release.

The 25-person 9258 Wealth team is led by founder and Managing Director Walt Lunsford, who will serve as partner, wealth advisor, and regional director in 9258’s transition to Waverly. The group is headquartered in Cincinnati, with additional offices in Fairfield and Hamilton, OH, giving Waverly a total of 25 locations nationwide.

9258’s addition represents Waverly’s 17th transaction since taking an equity investment in December 2021 from Wealth Partners Capital Group and HGGC and brings the firm’s AUM to approximately $14.4B after the deal closed on October 18 under undisclosed terms. The transaction follows closely on Waverly’s acquisition of Zionsville, IN-based RIA CenterPoint Wealth Management, as reported by Dakota on October 2.

View the news release here.