Windsor Wealth Management acquired by fast-growing Corient

  • Comments
  • Print

Windsor Wealth Management, which has been headquartered in Indianapolis since its founding 36 years ago, has been acquired by fast-growing financial firm Corient.

Windsor had $1.9 billion in assets under management, 850 clients and 14 employees when it was acquired by Corient. The deal closed in October. A Corient spokesperson said the acquisition did not result in any personnel changes at Windsor.

Financial terms of the deal were not disclosed.

Miami-based Corient, which operated as CI Private Wealth U.S. until a rebranding earlier this year, is the U.S. business unit of Canada-based CI Financial Corp. CI, a publicly traded company headquartered in Toronto, first entered the U.S. market in 2020.

Thanks to multiple acquisitions since then, Corient now has about $147 billion in assets under management in the U.S., with offices in 29 cities around the country.

Randall Clark and Channing Mitzell founded Windsor in 1986, with a focus on ultra-high-net-worth clients.

Clark plans to remain with Corient as a partner, wealth adviser and managing principal, a Corient spokesperson told IBJ. Mitzell will retire from the firm at the end of the year—a move that was planned as part of the acquisition.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In