Corient announced it has agreed to acquire Vivaldi Capital Management, a Chicago-based wealth manager overseeing $5.6 billion in assets under management.
The acquisition strengthens Corient’s private partnership model and expands its capabilities in serving ultra-high-net-worth and high-net-worth clients. Vivaldi, founded by David Sternberg and Randal Golden, provides integrated wealth management services, combining traditional investment strategies with a focus on alternative investments.
Upon closing, expected in the second quarter of 2026, Vivaldi’s principals will join Corient as partners, reinforcing the firm’s collaborative structure designed to deliver comprehensive advisory and family office services.
The transaction builds on Corient’s rapid expansion since its founding in 2020. The firm currently manages approximately $227 billion in client assets and employs more than 1,400 professionals. Recent acquisitions, including Stonehage Fleming and Stanhope Capital Group, are expected to further expand Corient’s global footprint and increase combined managed and administered assets to approximately $450 billion.
Corient operates under a fiduciary, fee-only model, with a partnership structure that enables clients to access a broad network of advisors and specialized expertise rather than relying on a single relationship manager.
The addition of Vivaldi enhances Corient’s ability to deliver personalized wealth strategies while leveraging scale, resources, and alternative investment expertise across its platform.
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“We are thrilled to welcome the Vivaldi team to Corient. David and Randal have built an impressive business defined by strong growth and enduring client relationships. They also share our conviction in the important role alternatives should play in ultra high net worth portfolios, and we’re confident they will be a valuable addition to the Corient Partnership.”
Kurt MacAlpine, Founding Partner And Chief Executive Officer, Corient
“Joining Corient enables us to continue delivering highly personalized service, enhanced by an expanded suite of Corient’s wealth management and family office capabilities. We’re also excited about the collaborative nature of the Corient Partnership and the opportunity to work alongside other advisors and firm experts for the benefit of our clients.”
David Sternberg, Chief Executive Officer And Co-Founder, Vivaldi Capital Management
“At Corient, partnership is central to how we work. Our partnership structure promotes collaboration and teamwork to deliver a consistent, elevated client experience, providing access to the firm’s full breadth of wealth management and family office services, supported by immense scale and resources.”
Kurt MacAlpine, Founding Partner And Chief Executive Officer, Corient
