Corient said it plans to buy Vivaldi Capital Management, a Chicago-based registered investment adviser with $5.6bn in assets under management.
Vivaldi was established by David Sternberg and Randal Golden. The firm works with ultra-high-net-worth and high-net-worth individuals and families, offering investment management, wealth planning and alternative investment strategies within broader portfolio allocation.
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The deal is expected to close in the second quarter of 2026. After completion, Vivaldi’s principals are set to join Corient as partners.
Corient is a fiduciary, fee-only wealth management firm in the US and uses a private partnership structure.
According to the company, this model allows clients to draw on resources from across the firm rather than depending on one adviser.
Corient CEO and founding partner Kurt MacAlpine said: “We are thrilled to welcome the Vivaldi team to Corient.
“David and Randal have built an impressive business defined by strong growth and enduring client relationships. They also share our conviction in the important role alternatives should play in ultra-high-net-worth portfolios, and we’re confident they will be a valuable addition to the Corient Partnership.”
Formed in 2020, Corient has more than 250 partners and over 1,400 employees. The firm manages about $227bn for ultra-high-net-worth and high-net-worth individuals, families and businesses across the United States.
In September 2025, Corient disclosed the acquisitions of Stonehage Fleming and Stanhope Capital Group. It said those deals would add about $220bn in assets and expand its footprint across Europe, the Middle East and Africa.
Once those transactions are completed, Corient said combined managed and administered client assets are expected to reach about $450bn.
Vivaldi co-founder and CEO Sternberg commented: “Joining Corient enables us to continue delivering highly personalized service, enhanced by an expanded suite of Corient’s wealth management and family office capabilities.
“We’re also excited about the collaborative nature of the Corient Partnership and the opportunity to work alongside other advisors and firm experts for the benefit of our clients.”
