Sequoia Wealth Management, LLC

Sequoia Wealth Management, LLC is an Illinois-based investment advisor firm established in 2014 by Robert Lyman. The firm specializes in asset management services, offering continuous account supervision and personalized portfolio design to meet clients' investment goals. Sequoia Wealth may recommend third-party money managers and strategists through various programs, including those sponsored by LPL Financial. The firm charges an annual maximum advisory fee of 2.50%, automatically deducted from managed accounts, with adjustments for deposits and withdrawals. Clients must meet minimum account requirements, such as a $100,000 household balance for asset management services. The firm emphasizes client communication and does not limit the time clients can spend with advisory professionals. Sequoia Wealth reviews accounts at least annually, with additional reviews triggered by major events or client requests. The firm's Code of Ethics ensures compliance with securities laws and prioritizes clients' interests over those of the firm and its employees. Sequoia Wealth does not engage in principal trading or recommend securities in which it has a proprietary interest. The firm discloses potential conflicts of interest, such as receiving expense reimbursements and forgivable loans from LPL Financial. Sequoia Wealth does not pay for client referrals and has no financial conditions impairing its ability to meet commitments to clients. No bankruptcy petitions have been filed in the past ten years.