Corient Acquires Stonehage Flaming and Stanhope Capital Group

Corient, one of the largest and fastest-growing national wealth advisors in the US, on Tuesday said that it had acquired Stonehage Fleming, one of the world’s leading independently owned multi-family offices, and Stanhope Capital Group, one of Europe’s largest independent wealth management and advisory firms.

Together, Stonehage Fleming and Stanhope Capital will bring more than $214 billion in client assets to Corient, as well as distinct but complementary strengths. This move marks a significant expansion of Corient’s global reach, establishing a presence in Europe, the Middle East, and Africa and further deepening the firm’s expertise in serving ultra-high-net-worth (UHNW) families.

Corient CEO and Partner Kurt MacAlpine said that with this expansion, Corient became the world’s largest independent advisory firm focused on the holistic needs of ultra-high-net-worth and high-net-worth clients.

He said that 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.

“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,” he said.

“Furthermore, our advantage extends beyond capabilities to how we deliver them. 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 added.

As part of the transaction, Corient’s private partnership model, under which more than 260 Partners own and operate the firm, will be extended to the international operations.

Global Leader

Stonehage Fleming is a global leader in family office and fiduciary services, with nearly 50 years of experience supporting some of the world’s most prominent families and wealth creators.

With over $175 billion in combined assets and offices in 12 jurisdictions, the firm’s comprehensive offering includes cross-border and multi-generational structuring, wealth and investment management, governance and succession planning, legal and tax advisory, trust and fiduciary, philanthropic and art management services.

With deep roots as advisor to international families, including the Fleming family, the firm embraces values of moral courage, family and excellence that strongly align with Corient’s culture.

Giuseppe Ciucci, Executive Chairman of Stonehage Fleming said that Corient shared their 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 they serve.

Stanhope Capital was founded in 2004 by Daniel Pinto and is one of Europe’s largest independent wealth management and advisory firms, with close to $40 billion in assets.

Corient is a fiduciary, fee-only wealth management firm distinguished by its unique private partnership model, similar to leading professional services firms.

This structure allows clients to access the broad array of expertise and resources available at Corient, rather than relying solely on the advisor assigned to them. The approach is designed to foster collaboration and teamwork in pursuit of the shared vision to deliver incomparable client excellence. Since its founding in 2020, Corient has grown rapidly and today has more than 260 partners and over 1,300 employees managing approximately $216 billion on behalf of ultra-high and high-net-worth individuals, families and businesses across the US.