Corient Capital Partners, LLC is a large advisory firm based in Newport Beach. It manages $2.36 billion of regulatory assets for 3,050 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, Colorado, and 13 other states.
Corient Capital Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and subadvisor to idf portfolio. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Corient Capital Partners, LLC is $2.36 billion. The firm's AUM has grown by 117% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Corient Capital Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Corient Capital Partners is high net worth individuals with 257 clients and $2.19 billion of assets under management. Among the 11 most similar advisory firms, Corient Capital Partners has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.33 billion for 371 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Corient Capital Partners doesn't advise any private funds.
The company employs 22 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. 10 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Jacob A Halladay joined the executive team most recently as the Member.
The principal office where Corient Capital Partners, LLC performs its advisory services is located at 500 Newport Center Drive, Newport Beach, CA 92660, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (949) 945-2750. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at corient.com.