TRANSACTION SUMMARY

On 2 September 2025, Corient Private Wealth LLC (“Corient”) announced the acquisition of Stonehage Fleming and Stanhope Capital Group (“Stanhope Capital”), creating the world’s largest non-bank wealth manager and multi-family office with $430 billion in client assets.

Together, Stonehage Fleming and Stanhope Capital will bring more than $214 billion in client assets to Corient, as well as distinct but complementary strengths. This move marks a significant expansion of Corient’s global reach, establishing a presence in Europe, the Middle East, and Africa and further deepening the firm’s expertise in serving ultra-high-net-worth (UHNW) families.

The acquisitions are being funded with an equity contribution and are expected to close in the first half of 2026.

STONEHAGE FLEMING

Stonehage Fleming is a global leader in family office and fiduciary services, with nearly 50 years of experience supporting some of the world’s most prominent families and wealth creators. With over $175 billion in combined assets – as well as offices in 12 jurisdictions – the firm’s comprehensive offering includes cross-border and multi-generational structuring, wealth and investment management, governance and succession planning, legal and tax advisory, trust and fiduciary, philanthropic and art management services.

STANHOPE CAPITAL

Stanhope Capital, founded in 2004, is one of Europe’s largest independent wealth management and advisory firms, with almost $40 billion in assets. The firm provides services across wealth management, consulting, merchant banking and private investments. The group includes New York-based FWM Holdings, a multi-family office providing investment management and family office services to UHNW families in the US and globally.

CORIENT

Corient is an integrated U.S. wealth management firm, part of the Canadian asset and wealth management company CI Financial (backed by Mubadala Capital), with c.$200 billion of client assets. The group is headquartered in Miami with 34 offices across the US and provides comprehensive solutions to UHNW and HNW clients including investment management, wealth planning and family office services.

ROLE

SHP acted as financial adviser to Stonehage Fleming.