Sequoia to Acquire Zeke


March 6, 2023

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. 

To read the press release: please click here.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.