Corient, one of the largest and fastest-growing national wealth advisory firms in the United States, revealed its plans to acquire two of Europe’s most renowned independent financial institutions: Stonehage Fleming and Stanhope Capital Group. Together, these firms bring more than $214 billion in client assets under Corient’s umbrella, dramatically expanding the firm’s reach and influence across Europe, the Middle East, and Africa.
This move is more than a simple acquisition—it’s a strategic alignment of values, expertise, and vision. Stonehage Fleming and Stanhope Capital are not just financial powerhouses; they are institutions built on decades of trust, discretion, and deep relationships with ultra-high-net-worth families. Their addition to Corient marks a significant step in the firm’s evolution from a national leader to a truly global wealth management platform.
Stonehage Fleming, with nearly half a century of experience, has long been a cornerstone in the world of multi-family office services. The firm’s reputation is rooted in its ability to support complex, multi-generational wealth across borders. With offices in 12 jurisdictions and over $175 billion in assets, Stonehage offers a comprehensive suite of services—from investment management and succession planning to legal advisory and philanthropic guidance. Its legacy includes advising some of the world’s most prominent families, including the Fleming family, and its values of moral courage, family, and excellence resonate deeply with Corient’s own culture.
Stanhope Capital, founded in 2004 by Daniel Pinto, complements Stonehage’s strengths with its own distinctive approach. With close to $40 billion in assets, Stanhope has built a reputation for delivering objective, innovative, and client-aligned financial advice. Its services span wealth management, consulting, merchant banking, and private investments, supported by a team of seasoned professionals drawn from top-tier global institutions. Stanhope’s commitment to independence and fiduciary responsibility mirrors Corient’s own model, making the integration a natural fit.
The acquisition also includes FWM Holdings, the parent company of FFT Wealth Management. This New York-based multi-family office serves ultra-high-net-worth families in the U.S. and globally. This addition further strengthens Corient’s transatlantic capabilities and reinforces its commitment to serving clients whose lives and assets span multiple jurisdictions.
Upon completion of the transactions, the combined business will operate globally under the Corient brand. Leadership roles have already been outlined to ensure continuity and strategic direction. Giuseppe Ciucci will serve as Partner and Chairman of Corient’s international business, while Daniel Pinto will take on the role of Partner and Chief Executive Officer. Both will join Corient’s global Board of Directors. Stuart Parkinson, CEO of Stonehage Fleming, will become Partner and President of the international division, and Keith M. Bloomfield, Founder and CEO of FFT Management, will serve as Partner and Vice Chairman. These leaders, along with their executive teams, will become significant equity holders in Corient, reinforcing the firm’s commitment to its private partnership model.
That model—where more than 260 partners own and operate the firm—is a defining feature of Corient’s culture. It fosters alignment, accountability, and a shared commitment to client success. Extending this model to the international operations ensures that the firm’s values and approach remain consistent, even as its footprint grows. With this acquisition, Corient is positioning itself as a leader in the ultra-high-net-worth space.
The acquisitions are being funded with an equity contribution and are expected to close in the first half of 2026. Terms were not disclosed.
Advisors: Jefferies is serving as the lead financial advisor, and Goldman Sachs is serving as the financial advisor to Corient. Skadden, Arps, Slate, Meagher & Flom is serving as legal counsel to Corient. Spencer House Partners is serving as financial advisor and Macfarlanes is serving as legal counsel to Stonehage Fleming. Rothschild & Co is serving as financial advisor and Macfarlanes is serving as lead legal counsel to Stanhope Capital alongside Dechert and Borel & Barbey.
KEY QUOTES:
“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.”
“By integrating the strengths of each organization, Corient will be able to deliver seamless, end-to-end service to clients anywhere in the world – in a way that doesn’t exist today. Furthermore, our advantage extends beyond capabilities to how we deliver them. Under our international partnership, which will consist of more than 300 firm owners aligned under one vision, we’re building a new type of wealth management firm, one that is global, collaborative and evolving to meet the dynamic needs of sophisticated clients.”
“Our unique partnership structure was an important factor in attracting these prestigious firms to Corient. The partnership allows us to serve clients differently. Unlike most wealth management models that limit the client experience to a single advisor, the Corient partnership fosters teamwork across our expansive roster of experienced advisors and other professionals – ensuring that clients benefit from the capabilities of the firm as a whole. We are excited to extend our partnership to our international colleagues to create the first global professional services partnership in wealth management.”
“Giuseppe and Daniel and their teams have each built truly impressive, world-class fiduciary and advisory firms. We’re honored and delighted that such prominent companies have chosen to join Corient. I believe that collectively, we have unrivaled experience in meeting the distinct needs of ultra-high-net-worth clients.”
Kurt MacAlpine, Partner and Chief Executive Officer of Corient
“This next chapter enables us to remain true to our history while expanding our reach and impact for clients. Corient shares our commitment to integrity and excellence, while its robust value proposition for ultra-high-net-worth clients will provide even greater scale and resources to the benefit of the families we serve. We also see Corient as the perfect home for our people, given its unique partnership model and commitment to collaboration and professionalism.”
“Stonehage Fleming and Stanhope have known each other well for many years; our relationship is characterized by mutual respect and cultural compatibility, and we have a number of valued clients in common. We are looking forward to working together more closely in this exciting new partnership with Corient.”
Giuseppe Ciucci, Executive Chairman of Stonehage Fleming
“Since our firm’s inception, we’ve focused on providing objective, innovative advice and solutions that put our clients’ interests first. Joining Corient allows us to accelerate these efforts alongside a team that understands the importance of unbiased, client-centered service. We’re excited about joining the Corient partnership and the expanded capabilities this combination brings to the families and institutions we serve.”
Daniel Pinto, Chairman of the Board, Chief Executive Officer and Founding Partner at Stanhope Capital
