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Wealth manager Sequoia Financial Group is acquiring Burlington-based Affinia Financial Group, in a move that would expand the former’s footprint to special needs financial planning.

Both parties entered into an agreement that is expected to close by the end of August, the acquirer said.

Akron, Ohio-based Sequoia has grown organically and through acquisitions to expand its services and its geographic footprint. Employing more than 200 people, the firm provides asset management and wealth planning services across the wealth continuum – from individuals to family offices – with locations throughout the United States.

Affinia is a wealth manager with a $418 million asset size, catering to high-net-worth individuals, families, trusts, and estates. It offers a specialty practice dedicated to special needs financial planning, which takes up more than half of the households it serves.

Upon completion of the transaction, Affinia’s clients will have access to a broader range of investment opportunities, including private market investments, and support from Sequoia’s dedicated wealth planning team.

“We look for partners that are making a meaningful impact within specific communities and share our passion for client service, philosophy, and values,” Tom Haught, founder and CEO of Sequoia, said in a statement. “Affinia’s work with families who have members with special needs is an important addition to our firm. It supports Sequoia’s ‘built for you’ strategy, which equips our advisors with the resources they need to have a deep and personal effect on our clients’ lives.”

“We are thrilled to become part of the Sequoia team. Affinia clients and employees will benefit from Sequoia’s operational expertise, technology leadership, and network of advisors to help us expand our service and special needs planning mission from coast to coast,” said John Nadworny, Affinia’s CEO.