Corient has acquired the multi-family office business of Geller & Co.
Geller MFO is a premier New York City–based multi-family office with $10.4 billion in assets under management and advisement. This move reinforces Corient’s presence in one of the nation’s largest markets.
“The fact that a firm of Geller’s stature has chosen to join Corient speaks to the tremendous quality of our firm and the value of our differentiated private partnership structure and business model,” said Kurt MacAlpine, partner and CEO of Corient. “I’m excited to welcome Marty Geller as a leader in our MFO business and his highly experienced team. We look forward to adding their significant tax and CFO expertise and other capabilities to our own, further enhancing our ability to provide clients with bespoke wealth management solutions that go beyond traditional wealth advisement.”
Hughes Hubbard advised Geller & Co. on the transaction. Partners Candace Beinecke, M