When this and other deals are added together, Corient is on course to have $468 billion of managed and administered assets under its roof.

Economic and market nervousness might roil equity markets but seemingly have no effect on the desire for Miami-headquartered Corient to keep acquiring firms inside and outside North America. Yesterday, it said it had acquired Europe’s Bedrock Group, managing SFr8.4 billion ($10.7 billion) in client assets.

Bedrock Group, also a multi-family office, has offices in Geneva, Monaco, London and Lisbon. It was founded in 2004 in Geneva by Ariel Arazi, Maurice Ephrati and David Joory.

The acquisition is subject to closing conditions and regulatory approvals. The purchase price wasn’t disclosed.

Corient seems determined to flex its transatlantic multi-family office/wealth management muscles, having acquired Stonehage Fleming and Stanhope Capital last year. Such a move is part of a wider move by North American firms to buy into the non-US wealth story, as seen by Creative Planning’s recent MASECO purchase, for example, or Nuveen’s acquisition of Schroders.

“This advances Corient’s plans to become one of the world’s leading wealth managers and multi-family offices,” Kurt MacAlpine, founding partner and CEO of Corient, said in a statement yesterday.

“I have known Bedrock and its founders for nearly 20 years and have immense respect for what they have accomplished,” Daniel Pinto, founder and CEO of Stanhope Capital – now part of Corient – said in a statement. Pinto will become partner and CEO of Corient in EMEA, subject to the completion of Corient’s acquisition of Stanhope Capital and regulatory approvals. “Their business is highly complementary to Corient.”

Bedrock’s principals will become Corient partners.

The latest deal, along with the Stonehage Fleming and Stanhope Capital moves, adds about $220 billion in assets to Corient.

When these and other deals – not yet completed – are added in, combined managed and administered assets under the Corient umbrella will stand at about $468 billion. As recently as a week ago, Corient said it acquired $5.6 billion AuM Vivaldi Capital Management, a Chicago-headquartered RIA for an undisclosed sum.

The founders and partners of Bedrock were advised by Deloitte Switzerland in the transaction.

As reported in February, wealth management industry transactions such as those involving RIAs clocked up another record last year, according to US-based ECHELON Partners, an investment bank and advisor that monitors the sector.

Deals so far
In September 2025, Corient said it was buying Stonehage Fleming and Stanhope Capital. In January 2026 it bought Palo Alto Wealth Advisors, a Palo Alto, California-based RIA with $766.7 million in AuM. In the same month, Corient acquired US-based Geller’s multi-family office business. Last fall, it bought Bristlecone Advisors, a Bellevue, Washington-based RIA. Bristlecone, which was founded in 1999, has about $2 billion in assets under management. It also bought Messick Peacock & Associates in Dallas.

Shortly after the Stanhope Capital and Stonehage Fleming deals, Corient snapped up Breed’s Hill Capital, a Boston-based MFO with about $3.5 billion in assets under management. See another deal here.

In August 2023, Canada's CI Financial rebranded its CI Private Wealth business under the Corient brand. This wealth management group has grown rapidly by a mass of acquisitions of RIAs in the US and Canada, starting in 2020. In November 2024, CI Financial was taken private in a deal backed by Abu Dhabi-based Mubadala Capital.

(Editlor’s comment: Such an outcome highlights an ambitious drive to achieve scale – and hoped-for economies and institutional buying power. An issue might be how well such growth is managed and how the various teams can be integrated. Another point is whether the bespoke look and feel of a multi-family office offering can easily sit alongside rapid growth. We have seen from the recent dramas at AITi Global – the multi-family office that has expanded via international expansion – that growth brings its challenges, to put it mildly.)