Sequoia Wealth Management provides financial planning, portfolio management for individuals and small businesses, and educational seminars. Financial planning was provided to 2,000 clients last fiscal year.
Sequoia Wealth Management reports 1,640 clients. They include 1,548 individual clients and 92 high-net-worth individuals. Of its assets, 37.9% ($227M across 1,088 accounts) are managed with discretion; $372M across 1,804 accounts are not. A wrap fee program the firm both sponsors and manages holds $593M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 94% | 70% |
| High-net-worth individuals | 6% | 30% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,548 | $418M | 69.8% | $270K |
| High-net-worth individuals | 92 | $181M | 30.2% | $1.97M |
| Total | 1,640 | $600M | 100% | $366K |
- Clients
- 1,548
- Regulatory AUM
- $418M
- AUM share
- 69.8%
- Avg. per client
- $270K
- Clients
- 92
- Regulatory AUM
- $181M
- AUM share
- 30.2%
- Avg. per client
- $1.97M
Total
- Clients
- 1,640
- Regulatory AUM
- $600M
- AUM share
- 100%
- Avg. per client
- $366K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 2000
Sequoia Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and consulting are billed hourly at a maximum of $500, or as a flat fee from $500 to $25,000.
Robert Lyman owns 75% or more of Sequoia Wealth Management. The leadership team of Sequoia Wealth Management includes Chief Compliance Officer Robert Lyman. It has 16 employees.
Leadership
- Robert LymanChief Compliance Officer and Managing Member
Investment adviser representatives
16 representatives listed in the SEC register as of 9 October 2026.
- David Lawrence Andrews
- Anthony Joseph Baldassano
- David Eric Bragman
- Robert Arthur Engels MR.
- Gene Taylor Hiser MR.
- Charles Richardson Ieuter
- John James Kosmer
- Patrick Dennis Lyman
- Robert Dennis Lyman JR
- Sean Lyman
- Charles Phillip Melka
- Julie Marie Murphy
- Mark Joseph Murphy
- Timothy Edward O'Donnell
- Edward Vernon Scoby
- Lisa P Zarkin
Staff
- 16 employees
- 16 in advisory functions
- 16 state-registered reps
- 15 broker-dealer reps
- 12 insurance agents
- Owns 75% or more of Sequoia Wealth Management, LLC
Robert Lyman
Control person · since October 2014
Sequoia Wealth Management’s regulatory assets grew from $460M (June 2021) to $600M (March 2026); clients fell from 2,433 to 1,640 and employees from 25 to 16.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $600M | 1,640 | 16 | 10 |
| July 2025 | $514M | 1,550 | 16 | 13 |
| March 2024 | $457M | 1,516 | 20 | 11 |
| July 2023 | $438M | 1,995 | 22 | 12 |
| April 2022 | $496M | 2,434 | 22 | 13 |
| June 2021 | $460M | 2,433 | 25 | 12 |
Besides its headquarters, Sequoia Wealth Management has 9 offices (2 private residences, listed without an address), with 8 listed addresses in Illinois and Wisconsin.
Illinois · 7 listed addresses
- 200 Applebee St, Suite 208, BarringtonHQ
- 413 Linden Avenue, Wilmette
- 460 N. Main Street, Glenn Ellyn
- 18 East Dundee Road, Barrington
- 1017 W. Washington, Chicago
- 2244 Ferry Road, Naperville
- 200 Applebee, Barrington
Wisconsin · 1 listed address
- 201 South Riverheath Way, Appleton
Other business names
Sequoia Wealth Management has reported 10 other business names to the SEC.
- Anderson Investment Consulting & Services
- CPM Financial Services
- Deb Financial
- Ironwood Family Wealth Advisors
- JMC Wealth Management
- Ode Financial Services
- Plansmart Financial Services
- Regency Wealth Management
- Sequoia Financial Planning
- Sequoia Wealth Management
Contact and registration details
- Legal name
- Sequoia Wealth Management, LLC
- Headquarters
- 200 Applebee St, Suite 208, Barrington, IL 60010
- Website
- sequoiafinancialplanning.com
- Phone
- 847-310-5900
- @sequoia-financial-planning
- SEC file
- 801-80362
- Structure
- Illinois LLC
- Fiscal year end
- December
Sequoia Wealth Management uses Assetmark Brokerage ($361M, 61%) and LPL Financial ($227M, 39%) as custodians for its separately managed accounts. Sequoia Wealth Management does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Boston, MA · $227M39%
- Assetmark BrokerageAssetmark Brokerage, LLC · Concord, CA · $361M61%
At year end, Sequoia Wealth Management’s separately managed accounts were largely in funds (44%) and stocks (38%).
What the accounts hold
- Stocks38%
- Funds44%
- Bonds18%
- U.S. government and agency bonds14%
- State and local bonds4%
How many clients does Sequoia Wealth Management have?
Sequoia Wealth Management has 1,640 clients and manages $600 million for them, as of March 2026. They include 1,548 individual clients and 92 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 March 2026
What services does Sequoia Wealth Management offer?
Sequoia Wealth Management provides financial planning, portfolio management for individuals and small businesses, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Sequoia Wealth Management use?
Sequoia Wealth Management’s separately managed account assets are held at Assetmark Brokerage, LLC (Concord, CA), with $361M and LPL Financial LLC (Boston, MA), with $227M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 March 2026
How many financial advisors does Sequoia Wealth Management have?
Sequoia Wealth Management has 16 investment adviser representatives registered with state securities authorities, out of 16 employees, and 16 perform investment advisory functions. 15 employees are registered representatives of a broker-dealer and 12 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Sequoia Wealth Management invest in?
At the end of its last fiscal year, Sequoia Wealth Management’s separately managed accounts held 44% registered funds (mutual funds, ETFs, BDCs), 38% exchange-traded equities, 14% U.S. government and agency bonds and 4% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sequoia Wealth Management?
Sequoia Wealth Management’s direct owner is Robert Lyman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 March 2026
How does Sequoia Wealth Management get paid?
Sequoia Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Sequoia Wealth Management?
Sequoia Wealth Management’s main office is at 200 Applebee St, Suite 208, Barrington, IL 60010. Its phone number is 847-310-5900. Its website is sequoiafinancialplanning.com.