Waverly Advisors completed the acquisition of certain business lines of Promus.

Waverly Advisors, independent registered investment adviser, completed the acquisition of certain business lines of Promus, an investment firm. Financial terms were not disclosed. “Both Waverly and Promus were founded on principles that include stewardship, integrity, and the nurturing of long-term relationships. Together, we strengthen our ability to serve clients through expanded resources and a shared purpose,” Justin Russell, President and Waverly CEO.