The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Corient, a US wealth advisor, has added the Messick Peacock & Associates advisory team, a Dallas-based group with $1.54 billion in assets under management. 

Founded in 2015 by Chris Messick and David Peacock, Messick Peacock serves high net worth clients seeking in-depth financial planning, strategic investment management and tailored wealth solutions.

Since its founding in 2020, Miami-headquartered Corient has 260 partners and more than 1,300 employees managing about $197.1 billion for HNW and ultra-HNW individuals, families and businesses across the US.

The asset and wealth management investment banking team of Raymond James served as financial advisor to Messick Peacock.

The Dallas-Fort Worth market is an important growth area for wealth management, as analysed in by FWR's US corespondent, Charles Paikert.