On February 16, 2023, Sequoia Financial Group, LLC announced a definitive agreement to acquire Zeke Capital Advisors, LLC.
Under the terms of the transaction, Sequoia Financial Group, LLC (“Sequoia”) will acquire Zeke Capital Advisors, LLC (“Zeke”). Zeke began operating under the Sequoia brand on March 1, 2023. Edward Antoian and Gee Smith, partner and president of Zeke, have joined Sequoia, along the rest of the Zeke team. Financial terms of the deal were not disclosed.
Sequoia, based in Akron, Ohio, provides comprehensive financial planning and wealth management services. As of February 2023, Sequoia had approximately $10 billion in assets under management.
Zeke, based in Berwyn, Pennsylvania, provides wealth management services with a focus on high-net-worth families and foundations. As of February 2023, Zeke had approximately $5 billion in assets under management. Cambridge International Partners served as financial advisor to Zeke on the transaction.
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