At a time when groups such as – has executed. Corient is the name of the old CI Private Wealth business following a rebrand in August 2023.
Geller & Company LLC was founded in 1984 by Martin Geller.
Explaining the rationale for the acquisition, Corient said “the Geller MFO team and its clients will gain access to a highly differentiated technology platform, operational, regulatory and compliance infrastructure, expanded investment capabilities, enhanced trust services, significant scale, and increased capital.”
“We look forward to adding their significant tax and CFO expertise and other capabilities to our own, further enhancing our ability to provide clients with bespoke wealth management solutions that go beyond traditional wealth advisement,” Kurt MacAlpine, partner and CEO of Corient, said.
Corient has more than 240 partners and more than 1,200 employees looking after about $182 billion in assets for high net worth and UHNW clients. Since CI Financial entered the US RIA sector in 2020, it has become one of the industry’s fastest-growing wealth platforms through acquisitions and strong organic growth.