Corient, a wealth adviser, has announced the addition of Stonehage Fleming, a multi-family office, and Stanhope Capital Group, a European independent wealth management and advisory firms.
Together, Stonehage Fleming and Stanhope Capital will bring more than $214 billion in client assets to Corient. 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.
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.
Upon closing of the transactions, the business will operate globally as Corient. Giuseppe Ciucci, executive chairman of Stonehage Fleming, will be partner and chairman and Daniel Pinto, CEO, founding partner and chairman of the board at Stanhope Capital, will be partner an
