Corient, one of the largest and fastest-growing national wealth advisory firms, has announced the acquisition of Bristlecone Advisors, a registered investment advisory firm based in Bellevue, Washington, which manages approximately $2 billion in assets.
Founded in 1999, Bristlecone Advisors provides comprehensive wealth management and family office services, combining personalized financial planning with a disciplined, research-driven investment process. Their integrated offerings include financial planning, tax and estate services, philanthropy, real asset management, risk management, and specialized projects.
Corient runs as a fiduciary, fee-only wealth management firm characterized by its unique private partnership model, which is similar to that of leading professional services firms. This structure allows clients to access a wide range of expertise and resources at Corient, rather than depending solely on the advisor assigned to them.
Since its establishment in 2020, Corient has experienced rapid growth, currently employing over 1,300 individuals and boasting more than 260 partners. They manage approximately $216 billion on behalf of ultra-high-net-worth and high-net-worth individuals, families, and businesses across the United States.
Advisor: Cambridge International Partners served as financial advisor to Bristlecone.
KEY QUOTES:
“Since our founding, Bristlecone has served as a trusted partner and personal CFO for ultra-high and high-net-worth families. To continue meeting the evolving needs of our clients, we recognized the importance of bolstering our service offering and operational capabilities. Corient’s unique private partnership not only gives us the additional services, scale and resources to achieve that – but also a formidable bench of talent with whom we can partner and collaborate to do more for clients. Corient’s culture of excellence and integrity mirrors our own and we’re proud to become Corient Partners.”
Kevin Berry, Partner, Managing Member and Chief Compliance Officer at Bristlecone
“Bristlecone’s exceptional team, strong growth and established presence in the Pacific Northwest make them an excellent fit for Corient. Their focus on ultra-high and high-net-worth families and commitment to fiduciary excellence align perfectly with our efforts to reset the standard for what a modern multi-family office can deliver. I’m thrilled to welcome them into the Corient Partnership.”
Kurt MacAlpine, Partner and Chief Executive Officer of Corient
