Corient, one of the largest and fastest-growing national wealth advisors, today announced the acquisition of Northeast Financial Consultants (“Northeast Financial”), a Connecticut-based registered investment advisor firm with $4.5 billion in assets under management. This will be Corient’s first location in Connecticut, enhancing its services and reach across New England.

Founded in 1983, Northeast Financial has helped its clients achieve their goals through a disciplined, integrity-driven process. Whether wealth was inherited or self-made, Northeast Financial tailors its approach to each client’s unique needs. Services include investment management and alternative investments, retirement planning, estate planning and insurance analysis – all integrated to reduce tax liabilities and maximize wealth transfer across generations.

“We began as a financial planning and tax advisory firm and have grown into a multi-family office serving the evolving needs and legacies of ultra-high-net-worth families,” said Elwood Davis, Founder and President at Northeast Financial. “Corient and its partnership model will enable us to take the next step -- allowing us to continue serving our clients with the same integrity and focus, while benefiting from expanded capabilities and a deep bench of talent. It’s this combination that makes it possible for us to do even more for our clients.”

“With a track record built on disciplined planning and fiduciary excellence, Northeast Financial brings real strength to Corient,” said Kurt MacAlpine, Partner and Chief Executive Officer of Corient. “Their client-first philosophy and deep expertise align with our vision to reset the standard for what a modern multi-family office can deliver. We’re excited to welcome them into the Corient partnership.”

Corient is a fiduciary, fee-only wealth management firm distinguished by its unique private partnership model, similar to leading professional services firms. This structure allows clients to access the broad array of expertise and resources available at Corient, rather than relying solely on the advisor assigned to them. The approach is designed to foster collaboration and teamwork in pursuit of the shared vision to deliver incomparable client excellence. Since its founding in 2020, Corient has grown rapidly and today has more than 260 partners and over 1,300 employees managing approximately $216 billion on behalf of ultra-high and high-net-worth individuals, families and businesses across the United States.

Houlihan Lockey served as the exclusive financial advisor to Northeast Financial Consultants.

About Corient

Corient Private Wealth LLC is an integrated national U.S. wealth management firm providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients. We combine the personal service, creativity and objective advice of a boutique with the power of an exclusive network of experienced advisors, capabilities and solutions to create a profoundly different wealth experience. As fiduciaries, we put our clients at the center of everything we do. We focus on exceeding expectations, simplifying lives and establishing lasting legacies. Headquartered in Miami, Corient has offices across the United States. For more information, visit corient.com.

Corient client assets are as of July 31, 2025, and reflect the aggregate assets of Corient Holdings Inc. (“Holdings”), Corient Private Wealth LLC’s upstream U.S. holding company. Client assets include the assets in which Holdings has a majority or minority investment and signed, but not yet closed transactions in the U.S. Certain assets are not considered Regulatory Assets Under Management, as defined by the SEC and reported in Corient Private Wealth LLC’s Form ADV.

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