CI Private Wealth (CI Financial) Acquires Matrix Capital Advisors

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 Doyle Wealth Management

November 5, 2020

Wealth Management

CI Financial Corp. will acquire 100% of Doyle Wealth Management (DWM), a St. Petersburg, Florida–based RIA overseeing approximately US$1.1 billion in assets. The deal expands CI’s U.S. wealth-management footprint into Florida and strengthens its wealth-planning and tax capabilities; DWM’s co-founders Robert and Jillian Doyle will continue to lead the business after close.

Mubadala Capital Acquires CI Financial in C$12.1B Take-Private

August 13, 2025

Financial Services

Mubadala Capital, through its investment vehicle MC Accelerate Co‑Invest LP, completed a take‑private acquisition of CI Financial Corp. for C$32.00 per share, in a transaction implying an enterprise value of approximately C$12.1 billion. CI will remain headquartered in Toronto and operate under its existing management and brands while gaining access to Mubadala Capital's global network and capital to accelerate its private wealth and U.S. expansion.

MAI Capital Management Acquires Madison Wealth Management

January 8, 2024

Wealth Management

MAI Capital Management acquired Madison Wealth Management, adding approximately $1.4 billion of client assets under management and expanding MAI’s presence in Cincinnati and Northern Virginia. The Madison team will join MAI effective January 5, with Madison leaders Ed Kuresman and Jim McDermott assuming Regional President roles; terms were not disclosed.

Prime Capital Investment Advisors Acquires Liberty Wealth Advisors

December 9, 2022

Financial Services

Prime Capital Investment Advisors (PCIA) has acquired substantially all of the assets of Liberty Wealth Advisors, a $1.75 billion wealth planning and investment management firm led by James S. Gladney. The deal brings Liberty's leadership and approximately 15 employees (including five advisors serving ~725 clients across 45+ states) into PCIA and closed on December 9, 2022.

CI Financial Acquires Portola Partners

September 14, 2021

Wealth Management

CI Financial Corp. has acquired Portola Partners Group LLC, a Menlo Park-based wealth management firm managing US$5.2 billion focused on ultra-high-net-worth families, founders and executives. The deal expands CI's presence in the San Francisco Bay Area and strengthens its ultra-high-net-worth capabilities within CI Private Wealth; financial terms were not disclosed.