Business
Sequoia Financial Group to Acquire The Martin Worley Group, Utah-based Wealth Manager
Sequoia Financial Group, LLC (Sequoia Financial), an SEC-registered wealth manager with $27.6 billion in assets under management as of June 30, 2025, today announced it has reached an agreement to acquire The Martin Worley Group (MWG), a wealth manager based in Cottonwood Heights, Utah, part of the Salt Lake City metro area.
About this update from Sequoia Financial Group Ltd.
[{"type":"text","content":"AKRON, Ohio, Aug. 20, 2025 /PRNewswire/ -- Sequoia Financial Group, LLC (Sequoia Financial), an SEC-registered wealth manager with $27.6 billion in assets under management as of June 30, 2025, today announced it has reached an agreement to acquire The Martin Worley Group (MWG), a wealth manager based in Cottonwood Heights, Utah, part of the Salt Lake City metro area.","length":369,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Sequoia Financial Group, LLC)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Sequoia Financial Group, LLC)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":65,"url":"https://media.zenfs.com/en/prnewswire.com/fe8dd5d8497e0c55ea10f1139fb6ef80"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/JwbbkNwOZmpSEEKIRVbmrA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTExNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/fe8dd5d8497e0c55ea10f1139fb6ef80","width":400,"height":65}},"href":"https://mma.prnewswire.com/media/2263348/Sequoia_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"MWG provides personalized investment advisory services to individuals, multi-generational families, entrepreneurs, foundations and trusts. The firm, established in 2008 and SEC-registered since 2014, has a team of eight and had $430 million in assets under management as of June 30, 2025.","length":288,"tagName":"p"},{"type":"text","content":""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," said Brian Worley, MWG's managing partner. "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."","length":531,"tagName":"p"},{"type":"text","content":"Worley and his partners, Terra Thurgood and Barry Watson, will become equity owners in Sequoia Financial. All MWG colleagues will join the Sequoia Financial team after the transaction closes, which is expected to occur on Aug. 31.","length":230,"tagName":"p"},{"type":"text","content":""Brian, Terra, Barry and the entire team at The Martin Worley Gro...