Waverly, Apella purchase $412M in RIA belongings throughout Oregon, Northeast

Two serial acquirers backed by Wealth Partners Capital Group have added roughly $412 million in shopper belongings between them, as Waverly Advisors expands its Oregon footprint and Apella Wealth brings on a Northeast observe constructed round advising ladies by main life adjustments.

Waverly’s Oregon enlargement continues

Waverly, a fee-only RIA based mostly in Birmingham, Alabama, has acquired MCS Family Wealth Advisors, which manages roughly $151 million from places of work in Bend and Eugene, Oregon.

Michael Stalker began MCS in 1991 and constructed it round monetary planning, retirement planning and asset placement administration for high-net-worth people and households. Jeff Yamada, who has labored alongside Stalker since 2004, is the agency’s different senior advisor. Both be part of Waverly as companions and wealth advisors.

“I based MCS as a fiduciary with the mission to ‘remodel cash from a supply of fear to a useful resource for achievement’,” Stalker mentioned. “Waverly shares that philosophy and brings broader planning, asset placement, tax and property sources to assist present and future purchasers.”

Justin Russell, Waverly’s president and CEO, referred to as MCS “a wonderful addition to our rising presence within the Pacific Northwest.”

The deal is Waverly’s thirty seventh since WPCG and HGGC’s Aspire Holdings platform took an fairness stake within the agency in December 2021. Waverly now oversees roughly $38.4 billion.

Oregon has been a repeat goal for Waverly’s enlargement technique. The agency started its 2026 deal calendar with Pure Portfolios, a $437 million Lake Oswego wealth manager.

Weeks earlier than the MCS deal, it acquired Heartwood Wealth Advisors, a $1.7 billion Richmond, Virginia firm.

Over the summer time, it added InVista Advisors, a $332 million practice in Montgomery, Alabama, in addition to Pittsburgh-based Smithfield Trust, a belief firm with roughly $3 billion.

Apella provides a planning area of interest for girls

Apella, headquartered in West Hartford, Connecticut, has added Blue Spark Capital Advisors, a agency with roughly $261 million in belongings and places of work in New York City and Great Barrington, Massachusetts.

Blue Spark is led by founder and CEO Maura Griffin, an authorized monetary planner with an MBA and greater than 25 years within the monetary trade. Her observe concentrates on ladies working by divorce, the lack of a partner or associate, profession adjustments and retirement, with a heavy emphasis on shopper schooling. Griffin joins Apella as a associate and senior wealth advisor, bringing her group along with her.

“Maura has constructed a extremely revered agency grounded in considerate recommendation, robust shopper relationships, and a dedication to serving to ladies make assured monetary selections, particularly by life’s greatest transitions,” mentioned Jim Scanlan, Apella’s CEO.

“Apella shares our perception that monetary recommendation needs to be deeply private and grounded in every shopper’s targets and circumstances,” Griffin mentioned.

Blue Spark is Apella’s thirtieth acquisition total and its nineteenth since WPCG invested in September 2021. The agency now manages roughly $12.5 billion.

The deal follows Apella’s back-to-back acquisitions on opposite coasts: Morris Financial Concepts, a Mount Pleasant, South Carolina, agency with about $544 million, and Longview Financial Advisors, a San Rafael, California, observe with roughly $384 million.