Corient, a US-based wealth advisory firm, has agreed to acquire Stonehage Fleming and Stanhope Capital Group to expand its operational footprint into Europe, the Middle East, and Africa (EMEA).
The financial terms of the deal were not revealed.
Through the deal, Corient will integrate over $214bn in client assets into its portfolio. It will combine distinct strengths from both acquired firms to enhance services for ultra-high-net-worth families.
Stonehage Fleming offers family office and fiduciary services with nearly five decades of experience, managing over $175bn in assets across 13 jurisdictions.
Stanhope Capital Group, launched in 2004, manages close to $40bn in assets and provides wealth management services backed by a team of seasoned professionals.
Corient partner and CEO Kurt MacAlpine said: “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.
“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.”
Following the completion of these transactions, the unified business will be known globally as Corient. Stonehage Fleming’s executive chairman Giuseppe Ciucci is set to become partner and chairman of the enlarged entity.
On the other hand, Stanhope Capital’s CEO and founding partner Daniel Pinto will assume the role of partner and CEO for Corient’s international operations.
The acquisitions are scheduled to finalise in H1 2026 and will be facilitated through an equity contribution.
Last month, Corient expanded its reach in the Southwest US by incorporating Dallas-based Messick Peacock & Associates. This addition brings an extra $1.54bn in assets under management to Corient’s portfolio, further strengthening its capacity to support business owners and entrepreneurs in the Dallas-Fort Worth area.
Corient’s model is based on a private partnership structure, fostering collaboration among its over 260 partners and 1,300 employees. This approach aims to deliver comprehensive expertise and resources to high-net-worth clients across the US.
