CI Financial Acquires Dowling & Yahnke

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.

CI Financial Acquires Bowling Portfolio Management

September 21, 2020

Financial Services

CI Financial Corp. agreed to acquire full ownership of Bowling Portfolio Management LLC, a woman‑owned registered investment advisor in Cincinnati with approximately US$450 million in assets under management. The deal expands CI's U.S. wealth management footprint in the Midwest; Darren Kavesh will be named President and CEO and Kathy Wayner will remain in a consulting role. Terms were not disclosed and the transaction is subject to regulatory approval.

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 Balasa Dinverno Foltz (BDF)

August 4, 2020

Financial Services

CI Financial Corp. agreed to acquire full ownership of Balasa Dinverno Foltz LLC (BDF), a Chicago-region registered investment advisor with approximately US$4.5 billion in assets under management and a 62-person team. The deal expands CI's U.S. wealth management footprint, pushing its U.S. wealth assets to roughly US$11 billion and strengthens CI's presence in the Midwest and Chicago high-net-worth market.

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 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.