Corient Private Wealth announced Thursday that it completed an acquisition of Messick Peacock & Associates, a Dallas-based Raymond James advisory team with $1.54 billion in assets under management (AUM).
The deal expands Corient’s presence in the Southwest and “strengthens its ability to support business owners and entrepreneurs across the Dallas-Fort Worth metroplex,” Corient said in a news release.
Founded by Partners Chris Messick and David Peacock, Messick Peacock focuses on high net worth clients, according to Corient.
“Chris, David and their team have built a powerful model that blends strategic financial planning with a deep understanding of the entrepreneurial mindset,” according to Kurt MacAlpine, CEO and Partner of Corient.
“They exemplify the client-first, collaborative approach that’s at the heart of our culture,” MacAlpine said. “We’re thrilled to welcome them into our private partnership and to expand our presence in one of the most vibrant business communities in the country.”
Messick, Founding Partner of Messick Peacock, said, “Corient’s unique private partnership enables us to serve our clients differently and with the full strength of the entire firm behind us.”
“As ultra-high and high-net-worth individuals, families and businesspeople, our clients have complex lives and financial situations,” according to Peacock, Partner and CEO of Messick Peacock.
“Aligning with Corient allows us to broaden and enhance our offering to this discerning group, including those with the most sophisticated and multi-faceted requirements,” Peacock said.
The Messick Peacock brand will “fold under the Corient brand,” a Corient spokesperson told WSR. “Messick and Peacock will both stay and be Partners,” while their entire Dallas team will remain with Corient, the spokesperson said.
The Third Acquisition Of 2025
“This is Corient’s third acquisition of 2025,” the spokesperson added. “Corient remains committed to its growth objectives, via organic strategies as well as maintaining its acquisitive approach to partnering with like-minded firms.”
Corient announced in January that it acquired Geller & Co.’s $10.4 billion multi-family office business.
In February, Corient said it acquired Rootstock Advisors, a Pennsylvania-based RIA with about $600 million in AUM as of Jan. 31. That acquisition bolstered Corient’s service for ultra-high net worth (UHNW) clients and expanded its presence in the Pittsburgh area, it said at the time.
Corient managed approximately $197.1 billion in assets as of June 30.
Jeff Berman, Contributing Editor and Reporter at Wealth Solutions Report, can be reached at jeff.berman@wealthsolutionsreport.com.
