The firm said it is on track to become the world's largest non-bank, fee-only wealth manager, and the largest multi-family office.

Corient’s acquisition drive continued into May with the Miami-headquartered firm announcing an agreement to buy Capital Advisors, an RIA based in Tulsa, Oklahoma with $7.8 billion in assets under management. The financial terms were not disclosed.

Capital Advisors, an employee-owned firm founded in 1978, is led by Keith Goddard, CEO and Andy Brown, president. It has a staff of 47 financial professionals, and operates in the Oklahoma and Texas markets, with a presence in six other states.

“The addition of Capital Advisors gives Corient our first office in Oklahoma and significantly expands our client base across the South and Southwest,” Kurt MacAlpine, founding partner and CEO of Corient, said. 

Goddard said Corient’s private partnership model was the “key factor” in its decision to join it.

Capital Advisors’ principals will become Corient partners upon closing, which is expected to occur later this quarter. Piper Sandler & Co is serving as exclusive financial advisor to Capital Advisors.

Since its founding in 2020, Corient has grown to include more than 250 partners and over 1,400 employees managing about $222 billion (as of March 31, 2026) on behalf of ultra-high and high net worth individuals, families and businesses.

Corient has previously announced agreements to acquire three European wealth management firms: Stonehage Fleming, Stanhope Capital Group and the Bedrock Group. Those additions will establish a presence for Corient across Europe, the Middle East and Africa, Corient said. When those deals close, Corient said it will become the world’s largest non-bank, fee-only wealth manager, the world’s largest multi-family office, and client assets expected to be worth a total of about $470 billion.