# Waverly Advisors, LLC

> Waverly Advisors, LLC is an SEC-registered investment advisory firm in Birmingham, AL, registered since 2001, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 31, 2026.

- CRD: 115332
- Filed as: WAVERLY ADVISORS, LLC
- Also doing business as: 401K COMPLETE, PROMUS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Birmingham, AL
- Filing period: October 2026
- Form ADV filing dated: August 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/115332
- AdvisorCensus page: https://advisorcensus.com/firm/waverly-advisors-llc-birmingham-al-115332

## Quick answers

**How is Waverly Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Waverly Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees.

**Where is Waverly Advisors, LLC located?**
Waverly Advisors, LLC's principal office is in Birmingham, AL, according to its Form ADV; the September 2026 filing also lists 24 other offices (Schedule D, Section 1.F).

**Is Waverly Advisors, LLC registered with the SEC or a state?**
Waverly Advisors, LLC is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 115332.

**How much does Waverly Advisors, LLC manage?**
Waverly Advisors, LLC reports $29,872,072,116 in regulatory assets under management in its Form ADV filing dated August 31, 2026 (84% discretionary).

**How have Waverly Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Waverly Advisors, LLC: Regulatory assets under management: $3,291,010,494 in the October 2021 data and $29,872,072,116 in the October 2026 data, up 808%. Total employees: 49 in October 2021 and 414 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Waverly Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (8,621); high net worth individuals (4,302); pension and profit sharing plans (but not the plan participants or government pension plans) (453).

**Which custodians does Waverly Advisors, LLC use?**
Waverly Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Waverly Advisors, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/115332

**What changed in Waverly Advisors, LLC's recent Form ADV filings?**
In the September 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $29,872,072,116
- Discretionary: $25,221,716,945
- Non-discretionary: $4,650,355,171

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 8,621 | $3,782,563,379 |
| High net worth individuals | 4,302 | $17,410,249,473 |
| Banking or thrift institutions | 2 | $3,931,971 |
| Investment companies | 1 | $16,611,163 |
| Pooled investment vehicles (other than investment companies and business development companies) | 27 | $1,845,686,945 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 453 | $4,854,787,655 |
| Charitable organizations | 81 | $823,024,641 |
| State or municipal government entities (including government pension plans) | 1 | $14,363,130 |
| Insurance companies | 1 | $15,646,049 |
| Corporations or other businesses not listed above | 200 | $1,105,207,710 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2001 (24 years)
- Employees: 414 total, 197 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Atlanta, GA
- Austin, TX
- Baltimore, MD
- Boston, MA
- Charlotte, NC
- Chicago, IL
- Cincinnati, OH
- Colorado Springs, CO
- Council Bluffs, IA
- Dayton, OH
- Hamilton, OH
- Huntsville, AL
- Jacksonville, FL
- Lake Oswego, OR
- Lakeland, FL
- Merillville, IN
- Paoli, PA
- Peachtree City, GA
- Pensacola, FL
- Ridgeland, MS
- Seattle, WA
- West Barnstable, MA
- Westerville, OH
- Zionsville, IN

### Websites listed on Form ADV (Item 1.I)
- my401kcomplete.com
- waverly-advisors.com
- Facebook facebook.com
- Instagram @waverlyadvisors
- LinkedIn @waverlyadvisors-llc
- YouTube @waverly-adviors-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,291,010,494 | 49 | June 10, 2021 |
| October 2022 | $4,465,757,285 | 63 | July 29, 2022 |
| October 2023 | $5,775,807,497 | 83 | April 28, 2023 |
| October 2024 | $11,379,745,311 | 153 | April 26, 2024 |
| October 2025 | $16,130,190,961 | 281 | July 16, 2025 |
| October 2026 | $29,872,072,116 | 414 | August 31, 2026 |

Regulatory assets under management: $3,291,010,494 in the October 2021 data and $29,872,072,116 in the October 2026 data, up 808%.
Total employees: 49 in October 2021 and 414 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Added an office in Boston, MA.
- Added an office in Cincinnati, OH.
- Added an office in Council Bluffs, IA.
- Added an office in Hamilton, OH.
- Added an office in Lake Oswego, OR.
- Added an office in Seattle, WA.
- No longer lists an office in Deerfield, IL.
- No longer lists an office in Lafayette, IN.
- No longer lists an office in Mobile, AL.
- No longer lists an office in Montgomery, AL.
- No longer lists an office in Oak Brook, IL.
- No longer lists an office in Savannah, GA.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Employees performing advisory functions went from 190 to 197.
- Added the business name Promus.
- Changed its office addresses in West Barnstable, MA.
- Added an office in Austin, TX.
- Added an office in Deerfield, IL.
- Added an office in Lafayette, IN.
- Added an office in Lakeland, FL.
- Added an office in Montgomery, AL.
- Added an office in Oak Brook, IL.
- Added an office in Savannah, GA.
- No longer lists an office in Boston, MA.
- No longer lists an office in Canon City, CO.
- No longer lists an office in Fairfield, OH.
- No longer lists an office in Hamilton, OH.
- No longer lists an office in Philadelphia, PA.
- No longer lists an office in Sarasota, FL.
- No longer lists an office in Seattle, WA.

### December 2025
- Regulatory assets under management went from $16,130,190,961 to $28,263,743,199 (+75%).
- Employees performing advisory functions went from 152 to 190.
- Added an office in Chicago, IL.
- Added an office in West Barnstable, MA.
- No longer lists an office in Lakeland, FL.
- No longer lists an office in Savannah, GA.
- Registered or notice-filed in VI.
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Added an office in Seattle, WA.
- No longer lists an office in Doylestown, PA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Waverly Advisors, LLC (CRD 115332): Form ADV filing data as of October 2026.