Corient, a U.S.-based integrated wealth management firm, announced it has agreed to acquire Bedrock Group, a Geneva-based multi-family office and wealth manager overseeing approximately $10.7 billion in client assets. The transaction is subject to closing conditions and regulatory approvals and marks a significant step in Corient’s global expansion strategy.
Founded in 2004, Bedrock Group operates across Geneva, London, Monaco, and Lisbon, providing investment management, private asset strategies, and comprehensive family office services to ultra-high-net-worth clients. As part of the transaction, Bedrock’s principals will join Corient as partners, aligning with the firm’s private partnership model, which fosters collaboration and delivers integrated client services.
The acquisition builds on Corient’s broader expansion efforts, following previously announced transactions involving Stonehage Fleming and Stanhope Capital Group. Together, these deals are expected to add approximately $220 billion in assets and establish a significant presence across Europe, the Middle East, and Africa. Upon completion of these and other pending transactions, Corient is expected to reach approximately $468 billion in combined managed and administered client assets.
Corient, founded in 2020, operates as a fiduciary, fee-only wealth management firm and serves ultra-high-net-worth and high-net-worth clients through a model that combines boutique advisory services with a global network of expertise.
KEY QUOTES:
“We are delighted to welcome Bedrock to Corient. This advances Corient’s plans to become one of the world’s leading wealth managers and multi-family offices. Ariel, Maurice and David have built a truly exceptional firm over many years. We share a deeply client-centric philosophy, and I am confident they will play a key role in furthering our growth ambitions across Europe.”
Kurt MacAlpine, Founding Partner And Chief Executive Officer, Corient
“Joining Corient allows us to continue providing our clients with deeply personalized service, now supported by the full array of Corient’s wealth management and family office capabilities. We’re also excited by the potential of Corient’s partnership model and collaborating with other wealth advisors and professionals from around the world on behalf of our clients.”
Maurice Ephrati, Managing Partner, Bedrock Group
“Their business is highly complementary to Corient. I look forward to working closely with them to deepen our footprint across Europe and to offering our combined client base one of the most comprehensive wealth management platforms globally.”
Daniel Pinto, Founder And Chief Executive Officer, Stanhope Capital Group
