Wealth management firm Corient strengthens its global presence by acquiring Stonehage Fleming and Stanhope Capital, creating a more diversified platform for international clients.
Highlights:
Strategic Acquisition: Corient expands its global footprint by acquiring Stonehage Fleming and Stanhope Capital.
Client Benefits: The deal enhances cross-border wealth management, private banking, and investment advisory services.
Global Growth: Positioned as a leading international wealth manager, Corient aims to scale services across multiple regions.
Summary:
Corient has announced the acquisition of Stonehage Fleming and Stanhope Capital in a strategic move to fuel its global expansion strategy. The merger strengthens Corient’s wealth management capabilities, offering clients broader access to cross-border advisory, private banking, and investment solutions. With this consolidation, Corient is set to become a major player in the international wealth management sector, enhancing competitiveness and providing clients with a more diversified service platform.