In a strategic move, Sequoia has successfully completed the acquisition of Clique Paraplanning, a renowned national outsourced paraplanning service catering to financial advisors. This acquisition marks a significant development for Sequoia, as it aligns with their expansion strategy within the financial services sector.

The acquisition of Clique Paraplanning was finalized through a combination of cash and shares, emphasizing Sequoia’s commitment to enhancing its service offerings. Clique Paraplanning, with its base in Melbourne and Sydney, specializes in providing outsourced paraplanning services to financial planners and AFSLs. Their expertise lies in areas such as statements of advice and ongoing documentation reviews, which are crucial aspects of financial advisory services.

Notably, Clique Paraplanning is a trusted service provider known for its high-quality advice documentation. Sequoia’s endorsement of Clique’s services underscores the value it places on outsourcing such critical functions to reputable partners. By leveraging Clique’s expertise, Sequoia aims to streamline operations, allowing its advisors more time to focus on providing tailored advice to clients.

This acquisition is part of Sequoia’s broader growth strategy, which includes recent acquisitions such as Australian Business Structure Pty and the signing of an agreement to merge Castle Corporate and Castle Legal. These strategic moves aim to diversify Sequoia’s product portfolio and strengthen its position in the market.

Furthermore, Sequoia recently secured a stake in Euree Asset Management, a new venture led by former Australian Football League player James Hird. This partnership is designed to offer innovative fund options to financial advisors, providing cost-effective investment solutions across various asset classes.

Sequoia’s continuous expansion through strategic acquisitions reflects its commitment to innovation and excellence in the financial services industry. By integrating specialized services like paraplanning into its ecosystem, Sequoia is poised to enhance its value proposition and deliver comprehensive solutions to its clients. This acquisition not only strengthens Sequoia’s market presence but also reinforces its reputation as a forward-thinking player in the financial advisory landscape.