Asset Management

Waverly Advisors provides tactical overlay management for wealth managers and institutional investors as well as direct portfolio management for individual accounts. Our sub-advisory work is integrated fully into each individual manager's process to help optimize overall portfolio performance.

Waverly Advisors, LLC is a Commodity Trading Advisor currently in the process of registering with the National Futures Association. At this time we are not actively managing assets.

THE INFORMATION CONTAINED HEREIN IS INTENDED TO SUPPLEMENT, AND NOT SUBSTITUTE, THE INFORMATION CONTAINED IN THE DISCLOSURE DOCUMENT FILED BY WAVERLY ADVISORS WITH THE U.S. COMMODITY FUTURES COMMISSION (“CFTC”) AND THE NATIONAL FUTURES ASSOCIATION (“NFA”). WAVERLY ADVISORS WILL PROVIDE YOU WITH A COPY OF THE DISCLOSURE DOCUMENT IN ADDITION TO THIS SUPPLEMENTAL MATERIAL. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL OF THE RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY MARKETS. THEREFORE, YOU SHOULD PROCEED TO THE DISCLOSURE DOCUMENT AND STUDY IT CAREFULLY TO DETERMINE WHETHER SUCH TRADING IS APPROPRIATE FOR YOU.

THE COMMODITY FUTURES TRADING COMMISSION HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN THIS TRADING PROGRAM, NOR HAS THE COMMISSION PASSED ON THE ADEQUACY OR ACCURACY OF THE INFORMATION CONTAINED HEREIN OR IN THE DISCLOSURE DOCUMENTS PUBLISHED IN CONNECTION WITH WAVERLY ADVISORS.

THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITY TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN QUICKLY LEAD TO LARGE LOSSES AS WELL AS LARGE GAINS. IN SOME CASES, MANAGED COMMODITY ACCOUNTS ARE SUBJECT TO SUBSTANTIAL CHARGES FOR MANAGEMENT AND ADVISORY FEES. IT MAY BE NECESSARY FOR THOSE ACCOUNTS THAT ARE SUBJECT TO THESE CHARGES TO MAKE SUBSTANTIAL TRADING PROFITS TO AVOID DEPLETION OR EXHAUSTION OF THEIR ASSETS. THE DISCLOSURE DOCUMENT CONTAINS A COMPLETE DESCRIPTION OF THE PRINCIPAL RISK FACTORS AND EACH FEE TO BE CHARGED TO YOUR ACCOUNT BY THE COMMODITY TRADING ADVISOR (CTA).

YOU SHOULD ALSO BE AWARE THAT THIS COMMODITY TRADING ADVISOR MAY ENGAGE IN TRADING FOREIGN FUTURES OR OPTIONS CONTRACTS. TRANSACTIONS ON MARKETS LOCATED OUTSIDE THE UNITED STATES, INCLUDING MARKETS FORMALLY LINKED TO A UNITED STATES MARKET MAY BE SUBJECT TO REGULATIONS WHICH OFFER DIFFERENT OR DIMINISHED PROTECTION. FURTHER, UNITED STATES REGULATORY AUTHORITIES MAY BE UNABLE TO COMPEL THE ENFORCEMENT OF THE RULES OF REGULATORY AUTHORITIES OR MARKETS IN NON-UNITED STATES JURISDICTIONS WHERE YOUR TRANSACTIONS MAY BE EFFECTED. BEFORE YOU TRADE YOU SHOULD INQUIRE ABOUT ANY RULES RELEVANT TO YOUR PARTICULAR CONTEMPLATED TRANSACTIONS AND ASK THE FIRM WITH WHICH YOU INTEND TO TRADE FOR DETAILS ABOUT THE TYPES OF REDRESS AVAILABLE IN BOTH YOUR LOCAL AND OTHER RELEVANT JURISDICTIONS.

Foreign currency and Over-the-Counter (“OTC”) derivative transactions are private agreements made between two parties that are largely exempt from any sort of regulation. As a result, such investments will be subject to the risks relating to (i) the credit worthiness of offexchange counterparties (there is less protection against defaults in principal trading than in trades on exchanges because an exchange or a clearinghouse does not guarantee a principal trade), (ii) the lack of trading in a standardized contracts and (iii) a minimal amount of market regulation.

THIS TRADING ADVISOR PREVIOUSLY HAS NOT DIRECTED ANY ACCOUNTS.