Corient Capital Partners, LLC, an independent wealth advisory firm with $3.1B of assets under management (AUM), announced today that it has formed a strategic partnership with Merchant Investment Management, LLC to fuel the growth of its business.
As part of the strategic partnership, Merchant has made a minority, non-controlling investment in Corient. Merchant will provide capital to help Corient accelerate enterprise, professional leadership and platform growth.
“Corient has been one of the fastest growing wealth management firms since the company’s founding in 2015,” said James Rooney, CEO of Corient. “We want to build on our success by ensuring Corient has the durability and longevity to serve clients not just today, but for generations to come. We look forward to working closely with Merchant in the years ahead to achieve our goals.” Read more