CI Financial Acquires The Roosevelt Investment Group

CI Financial Acquires New York RIA Barrett Asset Management

March 11, 2021

Financial Services

CI Financial Corp. agreed to acquire Barrett Asset Management, a New York-based registered investment advisor with approximately US$2.5 billion in assets under management. The deal expands CI's U.S. wealth-management footprint and scale in New York, subject to customary regulatory and closing conditions.

CI Financial Acquires Majority Interest in RGT Wealth Advisors

November 24, 2020

Wealth Management

CI Financial Corp. will acquire a majority ownership stake in RGT Wealth Advisors, a Dallas-based registered investment advisor with approximately US$4.7 billion in client assets, in a deal to be paid in cash and CI shares. The transaction, expected to close in Q4 2020 subject to regulatory and stock exchange approvals, expands CI's U.S. wealth footprint (bringing U.S. wealth assets to ~US$21 billion) while RGT principals will retain a meaningful ownership stake.

CI Financial Acquires Budros, Ruhlin & Roe

October 4, 2021

Wealth Management

CI Financial Corp. has completed the acquisition of Budros, Ruhlin & Roe, Inc. (BRR), a Columbus, Ohio-based registered investment advisor managing approximately US$3.5 billion in assets. The deal expands CI Private Wealth's U.S. presence and increases CI's U.S. wealth management assets to roughly US$82 billion.

CI Financial Acquires Segall Bryant & Hamill

January 25, 2021

Financial Services

CI Financial Corp. agreed to acquire Chicago-based Segall Bryant & Hamill, a high-net-worth-focused registered investment advisor and institutional asset manager with roughly US$23 billion in assets and about 122 employees. The acquisition expands CI's U.S. wealth management footprint and enhances its institutional and alternative investment capabilities as part of its cross-border growth strategy.

CI Financial Acquires Multiple U.S. RIAs Including Gofen & Glossberg

November 10, 2021

Financial Services

CI Financial completed a series of six transactions that expand its CI Private Wealth presence in the U.S., acquiring four registered investment advisor firms—Columbia Pacific Wealth Management, Gofen & Glossberg, RegentAtlantic Capital and R.H. Bluestein—and taking minority stakes in alternative investment firms Columbia Pacific Advisors and GLASfunds. The deals increase CI’s U.S. assets substantially and add wealth-management and alternative-investment capabilities to its U.S. private-wealth platform.

CI Financial Acquires Dowling & Yahnke

May 10, 2021

Financial Services

CI Financial Corp. agreed to acquire San Diego-based registered investment advisor Dowling & Yahnke, LLC, which manages approximately US$5.1 billion in assets and serves over 1,300 clients. The deal expands CI's U.S. wealth-management platform and establishes CI's first San Diego location, increasing CI's U.S. assets and presence in southern California; financial terms were not disclosed.