CI Financial’s Corient division acquired Stonehage Fleming, one of the world’s leading independently owned multi-family offices.

US-based Stonehage Fleming has assets under management of US$175 billion.

The transaction is expected to close in the first half of 2026.

Jefferies is serving as lead financial advisor and Goldman Sachs & Co LLC is serving as financial advisor to Corient. Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel to Corient. Spencer House Partners LLP is serving as financial advisor and Macfarlanes LLP is serving as legal counsel to Stonehage Fleming.