Corient Acquires Two RIAs in July

Toronto-based CI Financial's U.S. wealth management subsidiary, Corient, has significantly expanded its assets by approximately $10 billion this year through four acquisitions. In July, Corient acquired Emerald Multi-Family Office in Weston, Florida, and Byron Financial in Charlotte, North Carolina, adding about $5.9 billion in assets. Both firms officially joined Corient Private Wealth on July 31. 

Emerald Multi-Family Office specializes in providing family office services to ultra-high net worth families, individuals, and businesses. Byron Financial primarily serves high net worth individuals. These acquisitions align with Corient's strategy to enhance its presence in the U.S. wealth management market by targeting affluent clients.