Sequoia Financial Group surpasses $7 billion in assets with Wealthstone Advisors acquisition Sequoia Financial Group surpasses $7 billion in assets with Wealthstone Advisors acquisition Thomas Haught Sequoia Financial Group of Akron has announced the acquisition of Wealthstone Advisors of Columbus in a deal that grows Sequoia to more than $7 billion in assets under management (AUM) and adds to its footprint a new office in central Ohio. Financial terms of the deal, slated to close in the second quarter, were not disclosed. Sequoia president and CEO Thomas Haught said for his firm, the merger largely is a talent play amid a competitive market for financial advisers and wealth managers. This all comes, he said, as the pandemic contributed to some increased demand for wealth management services as clients are "reminded again that external shocks to the system can occur."