Sequoia Financial Acquires BSW Wealth Partners

Sequoia Financial Group, an SEC-registered wealth management firm with $34.9 billion in assets under management, has acquired BSW Wealth Partners, a Colorado-based independent wealth management firm with $2.3 billion in client assets. The acquisition, announced on September 1, 2026, marks a significant step for Sequoia Financial as it deepens its presence in the Colorado market.

Founded in 1992, BSW Wealth Partners operates out of Boulder and Denver, serving a national client base through its expertise in financial planning and customized wealth management. With this acquisition, BSW clients will now have access to Sequoia Financial's comprehensive suite of services, including a diverse team of advisors, specialized tax, estate, and special needs financial planning, and a broad platform of investments.

Tom Haught, chairman and CEO of Sequoia Financial, expressed his enthusiasm for the acquisition, stating, "We value the strong client relationships BSW has built over the decades and the culture of its talented team. This acquisition is a natural extension of our strategy to expand our national reach while maintaining the high standards of service and innovation that define Sequoia Financial."

David Wolf, CEO of BSW, echoed Haught's sentiment, noting, "The alignment of BSW's ethos to Make Life Better and Sequoia's vision of Enriching Lives has created a perfect synergy across our firms' cultures, clients, and capabilities. Together, we can better serve families for generations, create exciting career opportunities for our team, and broaden our impact in Boulder, Denver, and throughout the Mountain West."

This acquisition is part of a broader strategy by Sequoia Financial, which has been combining steady organic growth with selective acquisitions. In August, Sequoia Financial also acquired All Star Financial, a wealth manager with $1.3 billion in client assets under management. These acquisitions have extended Sequoia Financial's national reach and added specialized capabilities, allowing the firm to support approximately 11,000 client households from 43 offices, with clients in all 50 states and the District of Columbia.

Sequoia Financial Group, LLC, founded in 1991, takes an integrated, client-centered approach to wealth management, offering services such as investment management, tax planning, retirement planning, estate planning, risk management, and charitable giving. As a fiduciary advisor, Sequoia Financial focuses on long-term planning to help clients achieve their financial and life goals. In 2025, the firm was named by Barron's as one of the top Registered Investment Advisor (RIA) firms in the U.S. for the seventh consecutive year.

Warner Norcross + Judd LLP served as legal advisor to BSW, while Hue Partners provided strategic guidance for the acquisition. The terms of the transaction were not disclosed.

This acquisition underscores Sequoia Financial's commitment to expanding its regional presence and enhancing its services to meet the diverse needs of its clients.