On October 31, 2023, Corient Private Wealth announced the acquisition of Windsor Wealth Management.
Under the terms of the transaction, Corient Private Wealth (“Corient”) has acquired Windsor Wealth Management (“Windsor”). The transaction was structured as a preferred equity transaction. Further terms of the deal were not disclosed.
Corient, based in Miami, is the U.S. wealth management business of Toronto-based CI Financial. As of August 2023, Corient had $147 billion in assets under management.
Windsor, based in Indianapolis, Indiana is a registered investment advisor that provides financial planning, taxation, retirement planning, investment, risk, and portfolio management services. As of March 2023, Windsor had approximately $1.4 billion in assets under management. Raymond James served as the exclusive financial advisor to Windsor on this transaction.
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