Sequoia Financial Group LLC, a leading SEC-registered wealth manager with more than $18 billion in assets under management as of March 31, 2024, acquired AltruVista, LLC, an SEC-registered investment advisor that provides independent and holistic financial planning and asset management services to high-net-worth clients. The transaction closed March 31. Financial terms were not disclosed.
Founded in 1991, Akron, Ohio-based Sequoia provides asset management and wealth planning services across the wealth continuum, from individuals to family offices, with locations throughout the United States.
Benesch, Friedlander, Coplan & Aronoff LLP served as legal advisor to Sequoia. Boyar Miller, LLP served as legal advisor to AltruVista. Republic Capital Group served as financial advisor to AltruVista.
