Deal expands Corient’s European footprint with a Paris-based multi-family office overseeing €4.1bn in assets.
Corient has agreed to acquire Letus Private Office, a Paris-based multi-family office managing €4.1bn for ultra-high-net-worth individuals and entrepreneurs. The deal targets a firm specializing in investment management, estate planning, and tax advisory services across France and Europe.
Letus, founded in 2016, serves clients with tailored wealth solutions, including legal and philanthropic support. The firm’s leadership team will join Corient as partners upon closing, aligning with Corient’s broader expansion strategy in European wealth management.
Corient CEO Kurt MacAlpine cited Letus’s strong market relationships and entrepreneurial approach as key drivers for the acquisition. The transaction underscores growing consolidation in the family office sector amid rising demand for specialized wealth services.