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CI Financial's Corient Buying Multi-Family Office Business of Geller, Expanding U.S. Wealth Management Presence
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CI Financial's Corient Buying Multi-Family Office Business of Geller, Expanding U.S. Wealth Management Presence
Jan 15, 2025 4:55 AM

07:44 AM EST, 01/15/2025 (MT Newswires) -- Corient, a subsidiary of Toronto-based CI Financial Corp. ( CIXXF ) , a global asset and wealth management company, on Wednesday said it has acquired the multi-family office business of Geller & Company. No financial details were given.

A statement noted Geller MFO is a New York City-based multi-family office with US$10.4 billion in assets under management and advisement. It said this move "reinforces Corient's presence in one of the nation's largest markets and deepens the firm's family office capabilities."

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