Corient adds $5B New York multi-family office Seven Bridges

Corient's push into wealth management's top tier accelerated again this week, as the Miami-based firm confirmed it is adding a well established New York multi-family office to its growing partnership.

The Miami-based firm confirmed it is adding Seven Bridges Advisors announced a deal to add Seven Bridges Advisors on Tuesday, adding roughly $5 billion in client assets as it takes the latest step in a run of acquisitions that has made it one of the most prolific consolidators in the RIA space over the past 18 months.

Seven Bridges, founded by Larry Cohen, serves entrepreneurs, founders and financial-services executives, with particular strength in private markets investing – a niche that's been gaining attention amid headlines of mega-IPOs vaulting startup employees and executives into new levels of wealth.

"Larry and his team have built a sophisticated practice serving wealthy clients with complex needs," said Kurt MacAlpine, founding partner and chief executive of Corient. He noted the team's focus on entrepreneurs and tech executives "complements and expands Corient's existing dedicated practice area serving these clients."

For his part, Cohen pointed to Corient's structure as the deciding factor. "What drew us to Corient was its partnership structure, which puts collaboration first and gives every client access to the collective expertise of the firm," he said, calling the model "unique in wealth management."

Once the transaction closes, Seven Bridges' principals will become Corient partners, joining a network that has now grown to more than 300 partners and 2,700 employees overseeing approximately $535 billion globally.

Corient has spent the first half of 2026 systematically filling in geographic gaps across the U.S. while simultaneously cementing its footprint overseas. In May, the firm announced its acquisition of Capital Advisors, a Tulsa, Oklahoma-based RIA managing $7.8 billion in assets – a deal that gave Corient its first Oklahoma office and deepened its presence across the South and Southwest. That transaction, still expected to close this quarter, added an employee-owned firm founded in 1978 with 47 financial professionals and a footprint spanning eight states.

Read more: Corient targets Canada launch as dealmaking spree fuels global ambitions

Beyond U.S. borders, the acquisitive mega-RIA whose Canadian parent is owned by Mubadala Capital announced last month it had completed the acquisitions of Stonehage Fleming and Stanhope Capital Group in the U.K., which Corient said cemented its claim as the world's largest non-bank wealth manager and multi-family office with a focus on high-net-worth and UHNW clients.

At the end of June, the firm reasserted that claim with a deal to acquire Letus Private Office, an independent multi-family office in Paris that serves entrepreneurs and ultra-wealthy families across France and Europe. The firm, which operates with a focus on complicated asset structures involving real estate, art, vineyards, and other alternative assets for the uber-affluent, oversees approximately $5 billion, on behalf of clients.

DeVoe & Company's most recent RIA M&A Deal Book covering the first half of 2026 counted Corient among the most acquisitive players, with its 5 announced transactions landing it in the top 10 leaderboard. More broadly, the first six months of the year saw 167 transactions across the industry, superceding the previous first-half record of 148 deals set last year.

Read more: RIA consolidators say they want big firms — but keep buying small ones - InvestmentNews

Separately, Echelon Partners' 2025 RIA M&A Deal Report identified Corient among the most active acquirers in the $1 billion-plus segment, crediting it with seven transactions on that leaderboard.