Sequoia Financial Group, a registered Akron registered adviser, based in Ohio on $ 22.6 billion in management asset, has brought his home advice.
Michael Marhofer, who previously advised Sequoia as a partner at Cleveland -based Benesch Law, will join as an executive vice president, general adviser and secretary of the corporate. The firm refused to discuss the terms of his employment.
Marhofer had worked with Sequoia in 11 agreements, including eight purchases RIA has made since 2023. These included a January 2025 agreement for Carlson Capital Management, a minesota -based firm at $ 3.8 billion in client assets, Sequoia the largest of the number of property councilors and general employees.
RUN M&A I Sequoia has been partially promoted by a $ 200 million private capital share taken from Valea's capital partners in 2022 and an investment of minorities from Investment Management Kudu did in 2020both advised Marhofer.
While RIAs further postpone inorganic growth, they have been expanding M&A home expertise and traders. At the beginning of this month, Mercer Global Advisors employed Ted Mother, previously Potomac Law Group as director Development of partner M&A To work together with Martine Lellis, who moved to that role in May 2024. In January, financial advisers deserve DAVID PUNCIED REPORT by CAPTRUST as vice president of strategic partners.
Marhofer joins Sequoia with over 30 years of corporate legal experience in M&A and joint ventures in the fields including private capital, family offices and private companies. He was with Benesch for over eight years, co-chairing his group of corporate practice and securities and serving on his executive committee.
“Not only is Mike a skilled lawyer with expertise in union and purchase, he is an extraordinary mentor and leader and will help us execute our inorganic growth strategy,” said CEO Tom Haought in a statement.
Sequoia works with individuals of high net value and family from 30 offices in 19 countries.