Wealth management firm has seen an aggressive period of growth in the past year
Corient, the wealth management firm which rebranded from CI Private Wealth almost three years ago, is said to have made another play in its international growth plans.
The Miami-headquartered firm has seen considerable expansion in the past year including the acquisition of Vivaldi Capital Management, a $5.6 billion AUM firm in Chicago and the Bedrock Group, a $10.7 billion AUM wealth manager and multi-family office based in Switzerland.
International reach is a clear goal for the firm, which also announced the opening of a Canadian office as part of a deliberate strategy to build a global platform rather than a patchwork of regional acquisitions.
“Corient is moving with purpose and momentum. In just six years, we have become the largest integrated wealth management firm in the US, are establishing a significant presence across EMEA, and are now entering Canada," Corient CEO Kurt MacAlpine said in April.
Over the weekend, it’s been reported that Corient has expanded again through the acquisition of a French multi-family office. Neither Corient or its reported acquisition LetUs Private Office have commented on the report from CityWire which said the deal was done last Friday.
Last September, Corient unveiled a double strategic alliance in the EMEA market with a tie-up with Stonehage Fleming and Stanhope Capital Group, collectively contributing over $214 billion in client assets and amplifying Corient’s presence across Europe, the Middle East, and Africa and enhancing its capacity to serve ultra-wealthy families globally.
“With this expansion, Corient becomes the world’s largest independent advisory firm focused on the holistic needs of ultra-high-net-worth and high-net-worth clients,” MacAlpine said at the time. “This combination of three storied firms creates a truly global wealth manager and multi-family office with formidable resources and deep expertise in serving the world’s wealthiest individuals and families.”
The firm’s rapid expansion across multiple markets could intensify plans for an IPO, something its leader had suggested could happen in early- to mid-2026.
