Waverly Advisors Acquires Pure Portfolios

Acquisition expands Waverly's presence in the Pacific Northwest

Feb. 3, 2026 at 7:31am

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Waverly Advisors, a federally registered investment adviser, has acquired Pure Portfolios, a wealth management firm based in Lake Oswego, Oregon. The acquisition supports Waverly's growth strategy and introduces a new market in Oregon as the firm expands across the greater Pacific Northwest. Pure Portfolios' Founder, President & Chief Investment Officer Nik Schuurmans and Chief Financial Officer Toby Weber will join Waverly as Partners and Wealth Advisors, and the entire Pure team will join Waverly, increasing the firm's assets under management by approximately $437 million.

Why it matters

The acquisition of Pure Portfolios strengthens Waverly's presence in the Pacific Northwest, a key growth market for the firm. It also aligns with Waverly's strategy of partnering with leading wealth management firms that share its commitment to growth and client-focused service.

The details

Under the leadership of Nik Schuurmans and Toby Weber, Pure Portfolios has achieved strong organic growth through established relationships and a client-focused approach. The firm is known for its commitment to integrity, thoughtful guidance, and a high-touch service model. The acquisition of Pure marks Waverly's 30th transaction since accepting an equity investment in December 2021 from Wealth Partners Capital Group and HGGC's Aspire Holdings platform.

  • The acquisition of Pure Portfolios closed on January 30, 2026.
  • Waverly Advisors accepted an equity investment from Wealth Partners Capital Group and HGGC's Aspire Holdings platform in December 2021.

The players

Waverly Advisors, LLC

A federally registered investment adviser that specializes in investment management, financial planning, and wealth management solutions for high-net-worth individuals, corporate retirement plans, and institutional clients.

Pure Portfolios

A wealth management firm based in Lake Oswego, Oregon, known for its commitment to integrity, thoughtful guidance, and a high-touch service model.

Nik Schuurmans

Founder, President & Chief Investment Officer of Pure Portfolios, who will join Waverly as a Partner and Wealth Advisor.

Toby Weber

Chief Financial Officer and Partner of Pure Portfolios, who will join Waverly as a Partner and Wealth Advisor.

Justin Russell

President and CEO of Waverly Advisors.

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What they’re saying

“For a firm established within the last decade, Pure has demonstrated exceptional growth and built a strong presence in its regional market. The professionalism, discipline and intentional approach Nik, Toby and their team bring to the business are exactly the qualities Waverly looks for in new partners.”

— Justin Russell, President and CEO of Waverly Advisors

“From the beginning, our mission has been to help clients make better money decisions through data, discipline, and the relentless pursuit of what works. Partnering with Waverly allows us to expand that mission by adding deeper tax and estate planning resources, strengthening our ability to grow responsibly and serve clients more holistically. I can't wait to get started.”

— Nik Schuurmans, Founder of Pure Portfolios

“It was critical to find the right partner for our firm that would preserve our independence and client-focused approach while also supporting avenues for future growth. We are excited to join Waverly and be part of what they are building across the Pacific Northwest.”

— Toby Weber, Chief Financial Officer and Partner of Pure Portfolios

What’s next

The acquisition of Pure Portfolios positions Waverly for continued expansion on the West Coast, strengthening the firm's presence in the Pacific Northwest.

The takeaway

This acquisition demonstrates Waverly's strategic focus on growth through targeted acquisitions of leading wealth management firms that share the company's commitment to client service and responsible expansion. The addition of Pure Portfolios' expertise and client relationships will enhance Waverly's ability to serve high-net-worth individuals and families across the Pacific Northwest.