On November 15, 2021, Sequoia Financial Group, LLC announced an agreement to acquire NCA Financial Planners.
Under the terms of the transaction, Sequoia Financial Group, LLC (“Sequoia”) will acquire NCA Financial Planners (“NCA”). NCA CEO Kevin Myeroff and 27 NCA employees will join Sequoia. The deal is expected to close in the fourth quarter of 2021. Further terms were not disclosed.
Sequoia, based in Akron, Ohio, provides comprehensive financial planning and wealth management services. Sequoia has approximately $8 billion in assets under management.
NCA, based in Mayfield Heights, Ohio, is registered investment adviser. As of September 31, 2021, NCA had approximately $1.7 billion in assets under management or advisement.
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