Corient Acquires European Wealth Manager Bedrock Group with $10.7 Billion in Assets
Corient, a subsidiary of CI Financial, has acquired Bedrock Group, a European wealth manager with $10.7 billion in client assets. The acquisition is part of Corient's strategy to expand in Europe and reach its $450 billion AUM goal. This follows previous acquisitions of Stonehage Fleming and Stanhope Capital Group.
Topics: acquisition corporate growth expansion M&A wealth management