Announced

Corient completed the investment in Stonehage Fleming and Stanhope Capital.

Synopsis

Corient, a wealth management firm, completed the investment in Stonehage Fleming, a leader in family office and fiduciary services, and Stanhope Capital, an investment firm providing asset management and advisory services. Financial terms were not disclosed. “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," Kurt MacAlpine, Corient Partner and Chief Executive Officer.

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MergerLinks - Corient completed the investment in Stonehage Fleming and Stanhope Capital.