Wealth management firm Corient is entering Oklahoma for the first time with the acquisition of Capital Advisors, a Tulsa-based registered investment advisor that manages $7.8 billion in client assets.

The deal gives Corient a new office in the region and broadens its client reach across Texas and six other states where Capital Advisors operates.

Capital Advisors was founded in 1978 as an employee-owned firm and is led by CEO Keith Goddard and President Andy Brown.

It employs 47 financial professionals and delivers customized financial planning, investment management, and wealth management solutions to families and institutions through a team-based approach.

The firm has built a substantial presence in Oklahoma and Texas.

Goddard, Brown, and other principals will join Corient as partners once the transaction closes.

Corient, based in Miami, operates under a private partnership model as a fiduciary, fee-only wealth manager.

The firm has grown since its 2020 founding to more than 250 partners and 1,400 employees, overseeing approximately $222 billion in client assets as of March 2026.

The Capital Advisors deal is part of a wider push: Corient has previously announced acquisitions of three European wealth management firms — Stonehage Fleming, Stanhope Capital Group, and the Bedrock Group — which are expected to bring combined client assets to roughly $470 billion globally, making it the world's largest non-bank, fee-only wealth manager.

Piper Sandler served as exclusive financial advisor to Capital Advisors.

The acquisition is expected to close later this quarter.