CI Financial’s Corient division has agreed to acquire Stanhope Capital Group, one of Europe’s largest independent wealth management and advisory firms.

London-based Stanhope Capital oversees US$40-billion for its clients.

The transaction is expected to close in the first half of 2026. Financial terms were not disclosed.

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. Rothschild & Co is serving as financial advisor and Macfarlanes LLP is serving as lead legal counsel to Stanhope Capital alongside Dechert LLP and Borel & Barbey.