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Q&A: Corient CEO Kurt MacAlpine on Changing the Economics of the RIA
['Alex Ortolani', 'Senior Reporter', 'Wealth Management']
wealthmanagement
Kurt McAlpine, CEO of Miami-based Corient, attributes the firm’s more than doubling its clients’ assets since the start of this year to a few factors.
[Summit Trail] was really drawn to this very differentiated way of working, which is very novel in wealth management.
KM: The reason I launched Corient was that I felt the entire wealth management industry was built on a fundamentally flawed structure.
WM: Why do you think now is the time to have an independent wealth management firm that is global—in the U.K., Europe, Canada, the U.S.?
With that being said, I believe outside of Corient, there aren’t any other truly global wealth managers that exist.