Thursday, 16 April 2026
We are delighted to announce today that after more than 20 years since our founding in Switzerland, Bedrock Group is entering an exciting new chapter joining forces with Corient, to create the world’s largest independent wealth management firm for UHNW families. The acquisition is subject to closing conditions and regulatory approvals.
Corient is one of the largest and fastest growing wealth advisors in the US. Led by CEO Kurt MacAlpine, the firm is owned by its partners and Mubadala Capital.
Following their earlier acquisitions of Stanhope Capital Group and Stonehage Fleming in September 2025, this partnership further advances Corient’s global expansion, establishing a strong presence across Europe, the Middle East and Africa.
Upon completion of these and other signed but not yet closed transactions, Corient is expected to become one of the world’s largest wealth managers and multi‑family offices focused on ultra‑high‑net‑worth and high‑net‑worth clients globally, with anticipated combined managed and administered client assets of approximately US$468 billion.
This combined scale will enable the group to offer a comprehensive suite of services under one roof, spanning traditional and alternative investment management, specialised private asset strategies and full family office services. The enlarged group will also benefit from deep, globally integrated expertise across asset classes, supported by approximately 2,600 employees operating across 14 jurisdictions.
What makes this combination particularly unique is the shared values across all firms: exceptional client service, no conflicts of interest, and a global investment lens. As a result, we have no doubt that the enlarged group will become a formidable force in wealth management and that our clients and employees will be the primary beneficiaries.
“Joining Corient allows us to continue providing our clients with deeply personalised service, now supported by the full array of Corient’s wealth management and family office capabilities,” said Maurice Ephrati, Managing Partner of Bedrock. “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.”
“We are delighted to welcome Bedrock to Corient,” said Kurt MacAlpine, Founding Partner and Chief Executive Officer of 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.”
Upon the closing of the transaction, Bedrock’s partners will be appointed Corient partners and will retain key management as well as leadership positions within Corient International, ensuring continuity and that nothing changes in how we look after clients.
We are very excited about this new chapter in Bedrock’s journey and are looking forward to the opportunities it presents.
Contact:
Jimmy Moock
Managing Partner, StreetCred
610-304-4570
jimmy@streetcredpr.comcorient@streetcredpr.com
About Corient
Corient refers to the separate but affiliated entities under common control of Corient Holdings Inc. Corient is an integrated U.S. wealth management firm providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients. We combine the personal service, creativity and objective advice of a boutique with the power of an exclusive network of experienced advisors, capabilities and solutions to create a profoundly different wealth experience. At Corient, we put our clients at the center of everything we do. We focus on exceeding expectations, simplifying lives and establishing lasting legacies. Headquartered in Miami, Corient has offices across the United States. For more information, visit corient.com.
Corient client assets reflect the aggregate assets of Corient Holdings Inc. (“Holdings”) and include assets in which Holdings has a majority or minority ownership interest in the U.S., as well as assets from transactions that have been signed, but not yet closed and are subject to regulatory approvals. Firm assets information related to Holdings is current as of February 28, 2026. Firm statistics, including partner and employee headcount, is as of January 31, 2026. Data reflect varying as of dates due to differing reporting cycles. Bedrock Group assets are as of December 31, 2025. Stonehage Fleming assets are as of December 31, 2024. Stanhope Capital Group assets are as of January 31, 2026. Services are provided only in jurisdictions where authorized and may not be available in all locations or for all client types.
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