Sequoia Financial Group, a financial planning and wealth management firm based in Akron, Ohio, is expanding to Michigan with the acquisition of GHD Wealth Management, which is headquartered in St. Clair Shores, Mich., Sequoia announced Monday.
Sequoia Financial Group provides asset management, estate and retirement planning, fiduciary consulting, family wealth and corporate services from offices in Ohio and Florida and now Michigan.
The combined firms have $10 million in revenue and 45 employees. Sequoia has $2.4 billion in assets under management and GHD $82.2 million. GHD Wealth Management will adopt the Sequoia Financial Group name.