FORT LAUDERDALE, Fla. – June 14, 2024 – Global law firm Greenberg Traurig, P.A. represented Socius Family Office in its sale to Corient Private Wealth, the U.S. wealth management arm of Canadian asset manager CI Financial.
The deal closed May 31. The Miami-based Corient was previously known as CI Private Wealth.
Socius is a registered investment advisory firm with $915 million in assets under management as of the end of 2023, according to its filings with the Securities and Exchange Commission. Based in Fort Lauderdale, Socius has been led by President Mark Baniewicz, a former offensive tackle for the Jacksonville Jaguars who co-founded the company in 2004. Socius was previously owned by Alterna Financial, a private asset manager based in Delray Beach, and works exclusively with retail clients. Former Miami Dolphins fullback Rob Konrad served as Socius’s chair and is currently Alterna’s chief executive.
The Greenberg Traurig team representing Socius was led by the firm’s Global Corporate Practice Co-Chair Bruce I. March and Fort Lauderdale Corporate Shareholder Travis M. Walker. Other team members included New York Corporate Of Counsel Valerie Ben-Or and Fort Lauderdale Corporate Associates Martin G. Toole, Jr. and Hannah Levine.
About Greenberg Traurig’s Corporate Practice: Greenberg Traurig’s Corporate Practice comprises more than 600 lawyers in the United States, Europe, Asia, the Middle East and Latin America who regularly advise public and privately held companies, entrepreneurs and investment funds on global mergers and acquisitions, corporate restructurings, private equity and venture capital, underwritten and syndicated offerings, commercial finance and syndicated lending, cross-border transactions, and general corporate matters. The group’s industry experience includes transactions in a wide range of fields, from the pharmaceutical, medical devices, and life sciences fields, to representations involving clients in the aviation, banking, consumer products, energy, food and beverage, health care, manufacturing, media, technology, and telecommunications sectors.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.