Corient has agreed to acquire Bedrock Group, a European wealth manager and multi-family office with offices in Geneva, London, Monaco and Lisbon.
Financial terms of the deal remain undisclosed.
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The transaction remains subject to closing conditions and regulatory approvals.
Bedrock was set up in Geneva in 2004 by Ariel Arazi, Maurice Ephrati and David Joory. The firm operates as an independent multi-family office and serves ultra-high-net-worth clients.
Its activities include investment management, private asset strategies and family office services. It oversees $10.7bn in client assets.
Under the deal, Bedrock’s principals are due to become Corient Partners.
The Bedrock agreement follows Corient’s announcement in September 2025 that it would acquire Stonehage Fleming and Stanhope Capital Group.
Daniel Pinto, founder and CEO of Stanhope Capital Group, is set to become partner and CEO of Corient in EMEA, subject to the completion of Corient’s acquisition of Stanhope Capital Group and regulatory approvals.
Corient said those deals, together with Bedrock, would bring about $220bn in assets and give it a footprint across Europe, the Middle East and Africa.
After completion of these and other signed transactions that have yet to close, Corient said anticipated combined managed and administered client assets would be about $468bn.
Corient CEO and founding partner Kurt MacAlpine said: “We are delighted to welcome Bedrock to 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.”
Earlier this month, Corient said it planned to acquire Vivaldi Capital Management, a Chicago-based registered investment adviser with $5.6bn in assets under management.
Vivaldi was founded by David Sternberg and Randal Golden. The firm advises ultra-high-net-worth and high-net-worth individuals and families, with services including investment management, wealth planning and alternative investment strategies as part of broader portfolio allocation.
Corient, founded in 2020, operates in the US as a fiduciary, fee-only wealth management firm under a private partnership structure.
