Sequoia Financial Group today announced that it has acquired Karpas Strategies, a Litchfield, Conn.-based independent investment manager with $450 million in assets under management, according to a news release.
The transaction closed today. Financial terms were not disclosed. Karpas Strategies, the second New England location for the Akron, Ohio-based Sequoia, will become part of Sequoia Financial's Sequoia Sentinel Family Office.
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