Sequoia Financial to acquire financial advisory firm Zeke Capital Advisors

Sequoia Financial Group announced it signed an agreement to acquire Zeke Capital Advisors, a financial advisory firm located in Pennsylvania for an undisclosed price.

The deal, set to be completed by 28 February 2023, will result in an entity with client assets of over $15 billion.

Zeke Capital Advisors was established in the year 2008 in Berwyn by an experienced fund manager Edward Antoian. It is a multi-family office business that offers the management of wealth for generations of families, individuals, and foundations.

The financial advisory firm is led by Edward Antoian and Gee Smith and has assets under management and advisement of more than $5 billion.

Zeke Capital Advisors has a workforce of 28 employees.

Edward Antoian said: “After a thorough search for the right partner, Sequoia emerged as the ideal firm to support Zeke’s mission of serving multi-generational families.

“Joining Sequoia’s successful Family Wealth practice will help ensure our clients will be in great hands for generations to come.”

Sequoia Financial Group to acquire financial advisory firm Zeke Capital Advisors

Sequoia Financial Group, on the other hand, is located in Akron, Ohio. It offers financial planning and asset management services that span the entire wealth spectrum – from families to individuals. The company has offices all over the central and southern US.

Established in 1991 by Tom Haught, Sequoia Financial Group has assets under management of over $10 billion and employs over 180 people

The acquisition of Zeke Capital Advisors will double the size of Sequoia Financial Group’s Family Wealth practice, both in terms of assets under management and in client households.

The two teams will provide a complete range of services for ultra-high-net-worth households and institutions.

Zeke Capital Advisors will be working as a Sequoia Financial Group brand from 1 March 2023 and Edward Antoian and Gee Smith will remain active in the business.

Tom Haught — Sequoia Financial Group CEO said: “We are excited to partner with Ed Antoian, Gee Smith, and their talented team.

“Together, we will broaden and deepen Sequoia’s Family Wealth practice, add to our full-service team of Family Wealth advisors, and enhance the range of our investment offerings as we expand our role within this strategic market.”