Investment adviser · CRD 115332

WAVERLY ADVISORS, LLC

Investment adviser filing (IA)

BIRMINGHAM, AL, United States · Form ADV filed Aug 31, 2026

Regulatory AUM: $29.9B
Client accounts: 35,709
Employees: 414
Advisory professionals: 197

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	4,302	$17,410,249,473	58.3%
Retirement plans	453	$4,854,787,655	16.3%
Individuals	8,621	$3,782,563,379	12.7%
Pooled investment vehicles	27	$1,845,686,945	6.2%
Corporations & businesses	200	$1,105,207,710	3.7%
Charities	81	$823,024,641	2.8%
Investment companies	1	$16,611,163	0.1%
Insurance companies	1	$15,646,049	0.1%
Government entities	1	$14,363,130	0.0%
Banks & thrifts	2	$3,931,971	0.0%

Filing source

Form ADV 2129842 · Aug 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

21 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

WAVERLY INCOME FUND, LPOther Private Fund · Last reported Aug 31, 2026$65.5MGross asset value

Form D fundraising filings

Waverly Income Fund, LP

Fund administrator SS&C GLOBEOP | FUND ADMINISTRATION NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: Yes

Auditor RICHEY, MAY & CO., LLP ENGLEWOOD, Colorado, United States

Custodian CHARLES SCHWAB & CO., INC. ORLANDO, Florida, United States Related to adviser: No

Custodian COMMERCEONE BIRMINGHAM, Alabama, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RICHEY, MAY & CO., LLP
PCAOB 673

CHARLES SCHWAB & CO., INC.
SEC 8-16514

Fund details & source

Fund ID: 805-4785721354
Reported beneficial owners: 104
Minimum commitment: $250K
Form D file number: 021-461903

Form ADV 2129842 · Aug 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PROMUS ACCESS IV-A, LPPrivate Equity Fund · Last reported Aug 31, 2026$49.7MGross asset value

Form D fundraising filings

Promus Access IV-A, L.P.

Fund administrator 4PINES FUND SERVICES, LLC STAMFORD, Connecticut, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor RSM US LLP CHICAGO, Illinois, United States

Custodian HINSDALE BANK & TRUST COMPANY, N.A. HINSDALE, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RSM US LLP
PCAOB 49

HINSDALE BANK & TRUST COMPANY, N.A.
LEI 9LIMABJRJ9VPV74PBJB1

Fund details & source

Fund ID: 805-1971878943
Reported beneficial owners: 70
Minimum commitment: $100K
Form D file number: 021-418759

Form ADV 2129842 · Aug 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PROMUS REALTY II, LPReal Estate Fund · Last reported Aug 31, 2026$29.4MGross asset value

Form D fundraising filings

PROMUS REALTY II, LP

Fund administrator 4PINES FUND SERVICES, LLC STAMFORD, Connecticut, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor PLANTE & MORAN, PLLC CHICAGO, Illinois, United States

Custodian HINSDALE BANK & TRUST COMPANY, N.A. HINSDALE, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PLANTE & MORAN, PLLC
PCAOB 166

HINSDALE BANK & TRUST COMPANY, N.A.
LEI 9LIMABJRJ9VPV74PBJB1

Fund details & source

Fund ID: 805-1203687765
Reported beneficial owners: 76
Minimum commitment: $100K
Form D file number: 021-346934

Form ADV 2129842 · Aug 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WAVERLY GROWTH FUND I, LPOther Private Fund · Last reported Aug 31, 2026$28.7MGross asset value

Form D fundraising filings

WAVERLY GROWTH FUND I, LP

Fund administrator SS&C GLOBEOP | FUND ADMINISTRATION NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RICHEY MAY & CO., LLP ENGLEWOOD, Colorado, United States

Custodian COMMERCEONE BIRMINGHAM, Alabama, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RICHEY MAY & CO., LLP
PCAOB 673

Fund details & source

Fund ID: 805-3773718215
Reported beneficial owners: 114
Minimum commitment: $250K
Form D file number: 021-461405

Form ADV 2129842 · Aug 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TERSUS CO-INVESTMENT HOLDINGS, LLCPrivate Equity Fund · Last reported Aug 31, 2026$25.7MGross asset value

Form D fundraising filings

Tersus Co-Investment Holdings, LLC

Auditor GRANT THORNTON LLP CHICAGO, Illinois, United States

Custodian HINSDALE BANK & TRUST COMPANY, N.A. HINSDALE, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

GRANT THORNTON LLP
PCAOB 248

HINSDALE BANK & TRUST COMPANY, N.A.
LEI 9LIMABJRJ9VPV74PBJB1

Fund details & source

Fund ID: 805-5584421425
Reported beneficial owners: 90
Minimum commitment: $2.5K
Form D file number: 021-566362

Form ADV 2129842 · Aug 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

WAVERLY GROWTH FUND II LPOther Private Fund · Last reported Aug 31, 2026$11.6MGross asset value

Fund administrator UMB FUND SERVICES, INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP NEW YORK, New York, United States

Custodian UMB FINANCIAL SERVICES, INC. NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

UMB FINANCIAL SERVICES, INC.
SEC 8-34999

Fund details & source

Fund ID: 805-5994048403
Reported beneficial owners: 40
Minimum commitment: $250K

Form ADV 2129842 · Aug 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BT SELECT FUND I LPOther Private Fund · Last reported Aug 31, 2026$5.43MGross asset value

Form D fundraising filings

BT Select Fund I, LP

Fund administrator SS&C TECHNOLOGIES, INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor RICHEY MAY & CO ENGLEWOOD, Colorado, United States

Custodian COMMERCEONE BIRMINGHAM, Alabama, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

RICHEY MAY & CO
PCAOB 673

Fund details & source

Fund ID: 805-3305467320
Reported beneficial owners: 35
Minimum commitment: $250K
Form D file number: 021-328563

Form ADV 2129842 · Aug 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Aug 31, 2026. View historical filings

Reported services

Financial planning · Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Pension consulting · Selection of other advisers

Compensation

Percentage of assets · Hourly · Fixed · Performance-based

Principal office

600 UNIVERSITY PARK PLACE, SUITE 501
BIRMINGHAM, AL, 35209, United States

CRD 115332

Filing source

Form ADV 2129842 · Aug 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.