Corient Acquires Dallas Firm Managing $1.54 Billion in Assets Under Management

Corient, a US-based wealth advisor, recently welcomed the Messick Peacock & Associates advisory team into their ranks. This Dallas-based group brings with them an impressive $1.54 billion in assets under management. Founded back in 2015 by Chris Messick and David Peacock, Messick Peacock caters to high net worth clients looking for comprehensive financial planning, strategic investment management, and personalized wealth solutions.

Corient, headquartered in Miami, has been around since 2020 and boasts 260 partners and over 1,300 employees. They currently oversee a whopping $197.1 billion in assets for high net worth and ultra-high net worth individuals, families, and businesses across the US. It’s clear they have a strong track record in managing substantial wealth.

Raymond James’ asset and wealth management investment banking team played a key role as the financial advisor to Messick Peacock during this transition. Their expertise likely helped facilitate a smooth and successful integration process.

Dallas-Fort Worth is a key market for wealth management growth, making this move by Corient a strategic one. Analysts like FWR’s US correspondent, Charles Paikert, have highlighted the region’s significance in the world of wealth management. It’s an area to watch for those interested in the financial landscape’s latest developments.