CI Financial Acquires New York RIA Barrett Asset Management

CI Financial Acquires The Roosevelt Investment Group

November 11, 2020

Financial Services

CI Financial Corp. agreed to acquire 100% of The Roosevelt Investment Group, a New York–based registered investment advisor with approximately US$2.7 billion in assets under management. The acquisition expands CI's U.S. wealth management platform and establishes a presence in the New York market, bringing CI's projected U.S. wealth assets to roughly US$16.5 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 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 Coriel Capital

August 10, 2023

Financial Services

CI Financial Corp. agreed to acquire Coriel Capital Inc., a Montreal-based wealth manager that serves ultra-high-net-worth families and manages approximately $1.3 billion in client assets. The acquisition expands CI's presence in the ultra-high-net-worth market and complements its CI Private Wealth and Northwood Family Office businesses; the deal is expected to close in the fourth quarter.

CI Financial Acquires Radnor Financial Advisors

June 28, 2021

Financial Services

CI Financial Corp. agreed to acquire Radnor Financial Advisors, a Wayne, Pennsylvania-based RIA with approximately US$2.6 billion in assets under management, expanding CI's U.S. wealth-management platform and Mid-Atlantic presence. Emigrant Partners/Fiduciary Network sold its minority interest; financial terms were not disclosed and the deal required customary regulatory approvals.

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.