Sequoia Financial Group to Acquire Carlson Capital Management, $3.8 Billion Wealth Manager
Acquiring Company
Sequoia Financial Group
Acquired Company
Carlson Capital Management
AkronMinnesotaFinancial ServicesFinancial ServicesFinanceAngel InvestmentDescription
Sequoia Financial Group, LLC (Sequoia Financial), a leading SEC-registered wealth manager with $22.6 billion in assets under management, has reached an agreement to acquire Carlson Capital Management, LLC (CCM), a Northfield, Minnesota-based investment advisory firm with $3.8 billion in client assets. This strategic acquisition will expand Sequoia Financial's national footprint and service offerings, integrating CCM's expertise in tax planning and tax compliance.
Quick answer
Sequoia Financial Group is acquiring Carlson Capital Management for $3.8 billion, announced January 29, 2025. Sequoia Financial Group is based in Akron, Ohio, United States.
- How much did Sequoia Financial Group pay for Carlson Capital Management?
- The reported deal value is $3.8 billion.
- What does Sequoia Financial Group do?
- Sequoia Financial Group strongly believes that financial planning should revolve solely around you.
- Where are Sequoia Financial Group and Carlson Capital Management based?
- Sequoia Financial Group is based in Akron, Ohio, United States. Carlson Capital Management is based in Minnesota, United States.
- Who are the decision-makers at Sequoia Financial Group?
- Fundz holds 1 contact at Sequoia Financial Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Sequoia Financial Group, and when
When Sequoia Financial Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Carlson Capital Management?
Carlson Capital Management was acquired by Sequoia Financial Group, based in Akron. The deal was reported on January 29, 2025. Sequoia Financial Group strongly believes that financial planning should revolve solely around you. Our mission is to help you get what you want out of life. And we’re passionate about it. Sequoia Financial Group is privately held and operates in Financial Services.
When did Sequoia Financial Group acquire Carlson Capital Management?
Sequoia Financial Group's acquisition of Carlson Capital Management was reported on January 29, 2025. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Carlson Capital Management do?
Carlson Capital Management, LLC (CCM) is a Northfield, Minnesota-based investment advisory firm with $3.8 billion in client assets as of Dec. 31, 2024. It is privately held, operating in Financial Services, and is based in Minnesota.
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