Corient has acquired Seven Bridges, a New York multi-family office with about $4.9 billion in assets, in another step in the Miami-based registered investment advisor’s expansion strategy. The transaction adds a sizable wealth management business in one of the industry’s most important markets.
The deal gives Corient a stronger position in New York while bringing Seven Bridges into its broader platform. As a multi-family office, Seven Bridges serves affluent clients through a more tailored advisory model, making the acquisition notable for Corient’s push to broaden its reach and capabilities.
The purchase also underscores Corient’s ongoing pace of dealmaking. The firm, which is owned by Mubadala, has been using acquisitions to build scale, and the addition of Seven Bridges signals that strategy is still active.
While the trimmed report did not include further transaction details, the move fits the wider consolidation trend across wealth management. Large RIAs continue to look for growth through acquisitions, especially in key financial centers such as New York.
