Waverly Advisors Acquires Pure Portfolios in Oregon

Waverly Advisors has acquired Pure Portfolios, a Lake Oswego, Oregon wealth management firm with about $437 million in assets under management as of Dec. 31. Pure was founded within the past decade by president and chief investment officer Nik Schuurmans and chief financial officer Toby Weber.

Schuurmans and Weber will join Waverly as partners and wealth advisors, along with the full Pure team. Waverly president and CEO Justin Russell said Pure is a cultural and strategic fit, and that the combination adds deeper tax and estate planning resources for more holistic client service.