Corient Announces Acquisition of Capital Advisors, Expanding its Presence in the U.S. Southwest

Corient has announced its acquisition of Capital Advisors, a registered investment advisor based in Tulsa, Oklahoma, which manages $7.8 billion in assets. This acquisition marks Corient's first office in Oklahoma and expands its client base in the South and Southwest. The partnership model of Corient, which emphasizes collaboration and comprehensive service, aligns with Capital Advisors' values. Following the acquisition, Capital Advisors' principals will become Corient Partners. This move is part of Corient's strategy to grow its presence globally, aiming to become the largest non-bank, fee-only wealth manager with approximately $470 billion in client assets upon closing of pending transactions.