Sequoia Financial Group has announced it is restructuring its business and reducing headcount by 10 per cent.
The firm said it will move from having four reporting divisions to having two for FY24-25; the new divisions will be licensee & adviser services and legal & administration services.
Licensee and adviser services will include Interprac Financial Planning, Sequoia Financial Advice, Sequoia Family Office, Sequoia Corporate Finance, Sequoia Wealth Management, Sequoia Asset Management and Sequoia Specialist Investments. It will also include its content arm in Informed Investor, Sharecafe and Corporate Connect Research which was acquired in March 2022.
The legal & administration services arm will include Castle Corporate, Constitute, N…
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