Corient Accelerates European Growth With the Addition of Letus Private Office

Corient announced it has acquired Letus Private Office, a wealth advisory firm serving ultra-high-net-worth individuals and families across France and Europe. The deal expands Corient’s presence in European private wealth advisory, which is modestly positive for growth strategy, though no financial terms or impact metrics were provided.

Analysis

Corient announced it has acquired Letus Private Office, a wealth advisory firm serving ultra-high-net-worth individuals and families across France and Europe. The deal expands Corient’s presence in European private wealth advisory, which is modestly positive for growth strategy, though no financial terms or impact metrics were provided.