Wealth Management Acquisitions in North Dakota

  • Buyer
    Sequoia Financial Group
    Target
    Eide Bailly wealth management practice, Eide Bailly Advisors, LLC
    Seller
    Eide Bailly LLP
    Type
    Buyout

    Sequoia Financial Group and Eide Bailly announced a strategic partnership under which Sequoia Financial will acquire Eide Bailly’s wealth management practice. Eide Bailly Advisors, LLC will become part of Sequoia Financial, and Eide Bailly will receive an equity investment in Sequoia Financial, with the deal expected to close in Q4.

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