Corient Remains Silent on Reported Acquisition of LetUs Private Office

Corient has maintained a rapid pace of consolidation since rebranding from CI Private Wealth in 2023. Backed by Abu Dhabi’s Mubadala Capital following its transition to private ownership in late 2024, the group has systematically absorbed independent wealth managers across the United States and Europe. Recent high-profile additions include the Swiss-based Bedrock Group, which oversees $10.4 billion in assets, and the strategic acquisition of Stonehage Fleming and Stanhope Capital last year.

This trend reflects a broader push by North American entities to capture market share in non-US wealth management, mirroring moves by peers like Creative Planning. From the $3.5 billion Boston-based Breed’s Hill Capital to Washington’s $2 billion Bristlecone Advisors, Corient’s strategy relies on absorbing established RIAs to scale its global multi-family office footprint. Whether LetUs Private Office represents the latest piece in this transatlantic expansion remains officially unconfirmed by the firm's leadership.