Kurt Macalpine

Spear’s Review

Called a ‘wonderkid’ by the press and noted for his aggressive, acquisition-driven style, Kurt MacAlpine has become one of wealth management’s most talked-about figures. As CEO of Corient and director of parent company CI Financial, his firm’s 2025 acquisition of Stonehage Fleming and Stanhope Capital thrust him firmly onto the global stage.

At the Mubadala-backed, Toronto-based firm, MacAlpine scaled CI Financial to $150 billion in around two years and restructured Corient’s equity partnership model. Corient will have $430 billion in assets under management post-acquisition, cementing the group’s footprint in EMEA and positioning it as one of the world’s leading multi-family offices.

‘This combination of three storied firms creates a truly global wealth manager and multi-family office with formidable resources and deep expertise in serving the world’s wealthiest individuals and families,’ he said in a press release announcing the deal.

While little has been shared about future strategy, the combined capabilities of Stonehage’s family office services and Stanhope’s international wealth management platform, together with their overlapping client base, could lay the groundwork for Corient to deliver a very successful end-to-end global multi-family office service.