On April 2, 2024, Sequoia Financial Group, LLC announced it had acquired AltruVista, LLC.
Sequoia Financial Group, LLC (“Sequoia”) announced that it had acquired AltruVista, LLC (“AltruVista”). The transaction closed on March 31, 2024. Altruvista CEO Ali Nasser will become a shareholder of Sequoia. Further terms of the transaction were not disclosed.
Sequoia, based in Akron, Ohio, is a registered investment advisor that provides comprehensive financial planning and wealth management services, including asset management, estate and retirement planning, fiduciary consulting, and family office. As of March 2024, Sequoia had approximately $18 billion in assets under management.
AltruVista, based in Houston, is a registered investment advisor that provides financial planning and investment advisory services to high-net-worth clients. As of March 2024, AltruVista had $310 million in assets under management. Republic Capital Group served as financial advisor to AltruVista.
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