Mega-acquirer Corient opens its wallet again, snaps up $10.7B Bedrock Group

Corient has acquired European wealth manager and multi-family office Bedrock Group, adding $10.7 billion in client assets, as the company’s M&A spree continues.

The deal is Corient’s second in as many weeks, following the purchase of $5.6 billion Chicago RIA Vivaldi Capital Management.

Founded in 2004 in Geneva, Switzerland, by Ariel Arazi, Maurice Ephrati and David Joory, Bedrock Group has offices in the Swiss city, as well as London, Monaco and Lisbon. The company describes itself as “managing the wealth and assets for a small circle of families and institutions.”

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

Maurice Ephrati, Bedrock’s managing partner, said that Bedrock will continue providing its clients with deeply personalized service, which is now supported by Corient’s wealth management and family office capabilities. “We’re also excited by the potential of Corient’s partnership model and collaborating with other wealth advisors and professionals from around the world on behalf of our clients,” he added.

Bedrock’s principals will now become Corient partners.

The Bedrock deal is Corient’s third acquisition of 2026, following the Vivaldi deal and the January addition of the advisory business of Palo Alto Wealth Advisors, a $767 million Silicon Valley-RIA focused on tech founders and professionals.

It also marks a continued expansion of Corient's global footprint. In September last year, the mega-RIA announced the acquisitions of Stonehage Fleming and Stanhope Capital Group. In a statement, Corient said that those deals, along with Bedrock, will add approximately $220 billion in assets to the company and establish a presence across Europe, the Middle East and Africa.

Upon close of these and other signed but not-yet-closed transactions, Corient will become one of the world’s largest wealth managers and multi-family offices focused on ultra-high-net-worth and high-net-worth clients globally with anticipated combined managed and administered client assets of approximately $468 billion, it added.

Corient notes that the company operates as a fiduciary, fee-only wealth management firm in the U.S. under a private partnership model, similar to those used by professional services firms.