Corient Strengthens West Coast Presence with the Addition of Palo Alto Advisory Business

Core Insights - Corient has acquired Palo Alto Wealth Advisors, enhancing its presence in California and Silicon Valley with $766.7 million in assets under management [1] - The acquisition strengthens Corient's focus on serving technology founders and professionals, aligning with its expertise in this sector [1] - The Palo Alto team will continue to operate under Corient's fiduciary, fee-only wealth management model, which emphasizes a client-first approach [1] Company Overview - Corient is the largest and fastest-growing wealth advisor in the U.S., managing approximately $218 billion for ultra-high- and high-net-worth clients [1] - The firm operates under a unique private partnership model, allowing clients access to a wide range of expertise and resources [1] - Since its founding in 2020, Corient has expanded to over 260 partners and 1,300 employees [1]