Updated
Updated · Wealth Management · Sep 1
Sequoia Financial Buys $2.3 Billion BSW Wealth Partners, Expanding Colorado Footprint
Updated
Updated · Wealth Management · Sep 1

Sequoia Financial Buys $2.3 Billion BSW Wealth Partners, Expanding Colorado Footprint

2 articles · Updated · Wealth Management · Sep 1

Summary

  • Sequoia Financial Group acquired BSW Wealth Partners, adding a Colorado RIA with $2.3 billion in client assets to its $34.9 billion wealth-management platform.
  • BSW said the deal gives its clients access to Sequoia’s roughly 145 advisors, broader tax, estate and family-office services, and the firm’s investment platform; BSW will rebrand under Sequoia.
  • David Wolf, BSW’s CEO and largest shareholder before the sale, said the combination should deepen service in Boulder, Denver and the wider Mountain West.
  • The acquisition is Sequoia’s second deal above $1 billion in 2026, following August’s purchase of $1.3 billion All Star Financial after June’s acquisition of A CPA Inc.
  • Sequoia, based in Akron and backed by employees and Valeas Capital Partners, now serves about 11,000 households from 43 offices nationwide.

Insights

What hidden financial pressures are secretly fueling Sequoia's relentless strategy to swallow up regional wealth managers like BSW this year?
Will BSW's wealthy clients lose their highly personalized touch as they are absorbed into a massive $34.9 billion financial machine?