Sequoia Financial Group Acquires $2.3 Billion RIA BSW Wealth Partners, Deepening Colorado Presence

AKRON, Ohio and BOULDER, Colo., Sept. 1, 2026 /PRNewswire/ -- Sequoia Financial Group, LLC (Sequoia Financial), an SEC-registered wealth manager with $34.9 billion in assets under management as of June 30, 2026, has acquired BSW Wealth Partners (BSW), a Colorado-based independent wealth management firm. As of June 30, 2026, BSW managed approximately $2.3 billion in client assets. Terms of the transaction were not disclosed.

Founded in 1992, BSW serves a national client base from offices in Boulder and Denver. The firm provides financial planning and customized wealth management to individuals and families nationally.

Through this acquisition, BSW clients now have access to expanded solutions tailored to the complexity and source of their wealth, including Sequoia Financial's deep bench of diverse advisors; specialists who integrate tax, estate, and special needs financial planning; Sequoia Sentinel family office services; and a broad platform of investments. BSW will operate under the Sequoia Financial brand.

"We highly value the bonds BSW has built with clients over the decades and the culture of its talented team," said Tom Haught, chairman and CEO of Sequoia Financial. "We are pleased to welcome them to the Sequoia Financial family as we expand our presence in Colorado."

David Wolf, CEO of BSW, added, "The incredible alignment of BSW's ethos to Make Life Better and Sequoia's vision of Enriching Lives also extended across our firms' cultures, clients, and capabilities. United, 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." 

In August, Sequoia Financial acquired All Star Financial, a Twin Cities-based wealth manager with $1.3 billion in client assets under management and advisement as of June 30, 2026. These acquisitions continue Sequoia Financial's strategy of combining steady organic growth with selective acquisitions that extend its national reach and add specialized capabilities. Sequoia Financial now supports approximately 11,000 client households from 43 offices, with clients in all 50 states and the District of Columbia.

Warner Norcross + Judd LLP served as BSW's legal advisor, while Hue Partners provided consulting and strategic guidance.

About Sequoia Financial Group

Sequoia Financial Group, LLC, founded in 1991, takes an integrated, client-centered approach to wealth management, including investment management, tax planning, retirement planning, estate planning, risk management and charitable giving. The firm is a fiduciary advisor with a team-based service model focused on long-term planning to help clients reach their financial and life goals. In 2025, Sequoia was named by Barron's as one of the top RIA firms in the U.S. for the seventh consecutive year. Sequoia Financial has $34.9 billion in assets under management as of June 30, 2026. For more information, visit www.sequoia-financial.com.

Media Contact:

Newton Park PR, LLC
Margaret Kirch Cohen
+1 847-507-2229
[email protected]

Investment advisory services offered through Sequoia Financial Advisors, LLC, an SEC Registered Investment Advisor. Registration as an investment advisor does not imply a certain level of skill or training.

In September 2025, Sequoia placed 30th on the Barron's list for 2025. Barron's weighs dozens of qualitative and quantitative components, including assets managed, the size and experience of teams, regulatory record of the advisors and firms, succession planning, technology spending, and staff diversity based on a 102-question survey. Investment performance isn't an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients' risk tolerance than by an advisor's investment-picking abilities. No fees in any years awarded were paid or incurred to receive this recognition. $53,658 was spent in 2025 to promote the award in marketing collateral.

SOURCE Sequoia Financial Group, LLC