In a bold move toward international expansion, US wealth manager Corient has unveiled a double strategic alliance that elevate the firm’s scale to $430 billion in assets under advisement.
The firm has today announced 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,” says Kurt MacAlpine, Corient partner and CEO. “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.”
MacAlpine added that by integrating the strengths of each organization, Corient will be able to deliver seamless, end-to-end service to clients anywhere in the world, in a way that doesn’t exist today.
“Under our international partnership, which will consist of more than 300 firm owners aligned under one vision, we’re building a new type of wealth management firm, one that is global, collaborative and evolving to meet the dynamic needs of sophisticated clients,” he says.
Operationally, Corient’s signature private partnership structure with upwards of 260 Partners collectively owning and managing the firm will now extend internationally as well.
“Our unique partnership structure was an important factor in attracting these prestigious firms to Corient,” says MacApline. “Unlike most wealth management models that limit the client experience to a single advisor, the Corient partnership fosters teamwork across our expansive roster of experienced advisors and other professionals – ensuring that clients benefit from the capabilities of the firm as a whole. We are excited to extend our partnership to our international colleagues to create the first global professional services partnership in wealth management.”
Stonehage Fleming, with almost half a century of pedigree in multi-family office and fiduciary services, brings more than $175 billion in combined assets and operates across 12 jurisdictions.
Its offerings range from cross-border structuring and multi-generational wealth planning to legal, tax, trust, philanthropic, and even art advisory.
“This next chapter enables us to remain true to our history while expanding our reach and impact for clients,” says Giuseppe Ciucci, executive chairman of Stonehage Fleming. “Corient shares our commitment to integrity and excellence, while its robust value proposition for ultra-high-net-worth clients will provide even greater scale and resources to the benefit of the families we serve. We also see Corient as the perfect home for our people, given its unique partnership model and commitment to collaboration and professionalism.”
Stanhope Capital, established in 2004 by Daniel Pinto, manages close to $40 billion in assets and delivers wealth management, merchant banking, consulting and private investment services.
“Since our firm’s inception, we’ve focused on providing objective, innovative advice and solutions that put our clients’ interests first,” says Daniel Pinto, Stanhope’s Chairman and CEO. “Joining Corient allows us to accelerate these efforts alongside a team that understands the importance of unbiased, client-centered service. We’re excited about joining the Corient partnership and the expanded capabilities this combination brings to the families and institutions we serve.”
Once finalized, the unified enterprise will globally operate under the Corient brand with Ciucci becoming partner and chairman while Pinto will become partner and CEO of Corient’s international branch, while both will join its global board.
Leading Stonehage Fleming, CEO Stuart Parkinson will serve as partner and president of the international business, while FFT Wealth Management’s founder & CEO Keith M. Bloomfield will become partner and vice-chairman. Ciucci, Pinto, and other executives will also hold significant equity stakes.
The deal, financed through equity contributions, is expected to conclude in the first half of 2026, though financial terms remain undisclosed. Corient, formerly CI Private Wealth, has previously targeted 2026 for an IPO.
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