Multi-family office
Editorial writing on Multi-family office from The Family Office Almanac.
Corient buys $21bn Summit Trail Advisors, pulling more outsourced family office work into its orbit
Corient has agreed to acquire Summit Trail Advisors, a New York RIA with $21 billion in client assets and an ultra-high-net-worth focus, adding outsourced family office and CIO services as the Miami firm's run of large deals continues.
Franklin Templeton reported in talks to buy AlTi Global, the $90bn UHNW wealth manager
Citywire reports that Franklin Templeton is in talks to acquire AlTi Global, the Nasdaq-listed multi-family office group with around $90 billion in assets. Neither firm is commenting. A deal would take wealth consolidation into the top tier of UHNW advice.
Corient adds New York's Seven Bridges Advisors as multi-family office roll-up continues
Corient has agreed to buy Seven Bridges Advisors, a $4.9bn New York multi-family office, in the latest of a run of deals building the Miami firm into the largest player of its kind.
INVL Family Office raises $17.4m for Baltic access to private equity secondaries
One of the Baltics' largest multi-family offices closed its Global PE Secondaries Access Fund, routing local family capital into a secondaries strategy run by Adams Street Partners.
Wealth management consolidation: should I stay or should I go?
Corient has bought a boutique multi-family office almost every month this year. As consolidators roll up the independents families once chose for their independence, the question for principals is what they actually own.
Caprock buys $4bn Venturi Private Wealth in second-ever acquisition
The Boise-based multi-family office is adding an Austin firm with about $4 billion in assets, its first purchase since the 2024 Grey Street Capital deal.
What we are reading about family offices
No noise, no selling. A measured note on the advisory landscape.