Sequoia Financial Group has reached an agreement to acquire Utah-based wealth manager The Martin Worley Group (MWG) for an undisclosed sum.
MWG, an SEC-registered firm since 2014, is known for its investment advisory services catering to a varied client base, including individuals, families, and organisations.
With a history dating back to 2008, the firm has grown to manage assets worth $430m as of 30 June 2025.
MWG managing partner Brian Worley said: “We were looking for a firm with a shared commitment to cultivating and sustaining deep client relationships to bring additional investment depth, planning resources and technology to our practice.
“The motivation behind this integration of our two firms is to ensure continuity of service to our clients well into the future. Sequoia Financial is an ideal partner, with a nationwide presence, a dedicated and talented team, broad capabilities and happy clients.”
The acquisition is structured to integrate the leadership of MWG into Sequoia Financial, with Worley and his partners Thurgood, Watson joining as equity owners.
The entire MWG team is slated to transition to Sequoia Financial upon the deal’s finalisation, anticipated by the end of August.
Legal advisement for the acquisition was provided by Benesch for Sequoia Financial and Miller Johnson for MWG, with DeVoe & Company offering consulting and strategic guidance to MWG.
Sequoia Financial founder and CEO Tom Haught said: “Brian, Terra, Barry and the entire team at The Martin Worley Group have built a strong business, and we’re excited to combine our resources as we further expand Sequoia’s national footprint.”
Sequoia Financial workforce exceeds 400, managing assets of $27.6bn as of the latest figures.
The firm services include investment management, tax management, retirement planning, estate planning, insurance counsel, and charitable planning.
In 2023, Sequoia launched Sequoia Sentinel to further extend its family office services.
Since 2023, the firm has completed nine acquisitions, including notable names such as Zeke Capital Advisors, Cirrus Wealth Management, Affinia Financial Group, M Capital Advisors, AltruVista, Karpas Strategies, Family Asset Management, Eide Bailly Wealth, and Carlson Capital Management.
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