Public Company Financial Services

CI Financial

Toronto, Ontario, Canada

Independent global diversified investment company providing wealth management and asset management services, including CI Private Wealth (U.S.) and other wealth platforms across Canada and the U.S.

Focus Areas
Wealth management, Asset management, Registered investment advisory (RIA)

Tracked deals

18

18 tracked deals across 2020-2023.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

17 buyout · 1 addon

CI Financial Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for CI Financial. 6 2020 10 2021 1 2022 1 2023

Supporting Data

Recent Transactions

Showing the 12 most recent of 18 tracked deals for CI Financial.

  • CI Financial Acquires Coriel Capital
    August 10, 2023
    Buyer
    CI Financial Corp.
    Target
    Coriel Capital Inc.
    Industry
    Financial Services
    Location
    Quebec, Canada
    Type
    Buyout

    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 to Acquire Northwood Family Office
    January 11, 2022
    Buyer
    CI Financial Corp.
    Target
    Northwood Family Office Ltd.
    Industry
    Wealth Management
    Location
    Canada
    Type
    Buyout

    CI Financial Corp. agreed to acquire Northwood Family Office Ltd., a leading Canadian multi-family office. The deal is expected to close in the second quarter of 2022, subject to regulatory approval and customary closing conditions, with financial terms not disclosed.

  • CI Private Wealth (CI Financial) Acquires Matrix Capital Advisors
    December 1, 2021
    Buyer
    CI Private Wealth (CI Financial Corp.)
    Target
    Matrix Capital Advisors, LLC
    Industry
    Financial Services
    Location
    Illinois, United States
    Type
    Buyout

    CI Private Wealth, a division of CI Financial Corp., has acquired Matrix Capital Advisors, a Chicago-based registered investment advisor that manages approximately US$615 million in assets. The deal expands CI's U.S. wealth management footprint and adds high-net-worth client relationships and experienced advisory personnel to its CI Private Wealth platform; financial terms were not disclosed.

  • CI Financial Completes RIA Acquisitions and Minority Stakes in Alternative Asset Managers
    November 10, 2021
    Buyer
    CI Financial Corp.
    Target
    Columbia Pacific Wealth Management, LLC, Gofen & Glossberg, LLC, RegentAtlantic Capital, LLC, R.H. Bluestein & Co., Columbia Pacific Advisors, LLC, GLAS Funds, LLC
    Industry
    Financial Services
    Location
    United States
    Type
    Buyout

    CI Financial Corp. completed six transactions to grow its U.S. CI Private Wealth business, including the acquisitions of four registered investment advisor (RIA) firms: Columbia Pacific Wealth Management, Gofen & Glossberg, RegentAtlantic Capital, and R.H. Bluestein & Co. CI also completed minority-stake investments in Columbia Pacific Advisors and GLAS Funds. The transactions were previously announced in November–December 2021 and closed by December 31, 2021.

  • RGT Wealth Advisors Acquires Odyssey Wealth Management
    October 28, 2021
    Buyer
    RGT Wealth Advisors, LLC, CI Financial Corp.
    Target
    Odyssey Wealth Management, LLC
    Industry
    Financial Services
    Location
    Texas, United States
    Type
    Addon

    RGT Wealth Advisors, a U.S. affiliate of CI Financial, has acquired Odyssey Wealth Management, a Plano, Texas registered investment advisor managing over $200 million in assets. The deal expands RGT’s presence in the Dallas market and brings RGT’s total assets to roughly $5.5 billion; terms were not disclosed.

  • CI Financial to Acquire McCutchen Group
    October 21, 2021
    Buyer
    CI Financial Corp.
    Target
    McCutchen Group LLC
    Industry
    Wealth Management
    Location
    Washington, United States
    Type
    Buyout

    CI Financial Corp. announced an agreement to acquire McCutchen Group LLC, a Seattle-based, ultra-high-net-worth focused wealth management firm with US$3.4 billion in assets under management. The deal is expected to close later in 2021, subject to regulatory approval and customary closing conditions, and financial terms were not disclosed.

  • CI Financial Acquires Budros, Ruhlin & Roe
    October 4, 2021
    Buyer
    CI Financial Corp.
    Target
    Budros, Ruhlin & Roe, Inc.
    Industry
    Wealth Management
    Location
    Ohio, United States
    Type
    Buyout

    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 Portola Partners
    September 14, 2021
    Buyer
    CI Financial Corp.
    Target
    Portola Partners Group LLC
    Industry
    Wealth Management
    Location
    California, United States
    Type
    Buyout

    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.

  • CI Financial Acquires Radnor Financial Advisors
    June 28, 2021
    Buyer
    CI Financial Corp.
    Target
    Radnor Financial Advisors
    Seller
    Emigrant Partners, LLC/Fiduciary Network, LLC
    Industry
    Financial Services
    Location
    Pennsylvania, United States
    Type
    Buyout

    CI Financial Corp. announced an agreement to acquire Radnor Financial Advisors, a fee-only wealth and investment management firm serving high-net-worth families in the Greater Philadelphia region. The deal is expected to close in Q3 2021, subject to regulatory approval and customary closing conditions.

  • CI Financial Acquires Dowling & Yahnke
    May 10, 2021
    Buyer
    CI Financial Corp.
    Target
    Dowling & Yahnke, LLC
    Industry
    Financial Services
    Location
    California, United States
    Type
    Buyout

    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.

  • CI Financial Acquires New York RIA Barrett Asset Management
    March 11, 2021
    Buyer
    CI Financial Corp.
    Target
    Barrett Asset Management, LLC
    Industry
    Financial Services
    Location
    New York, United States
    Type
    Buyout

    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 Segall Bryant & Hamill
    January 25, 2021
    Buyer
    CI Financial Corp.
    Target
    Segall Bryant & Hamill, LLC
    Industry
    Financial Services
    Location
    Illinois, United States
    Type
    Buyout

    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.

Related Acquisition Pages

Financial Services Buyers & Acquisitions 12 tracked deals by CI Financial. Wealth Management Buyers & Acquisitions 6 tracked deals by CI Financial. Acquisitions in Illinois 3 tracked deals by CI Financial. Acquisitions in Texas 3 tracked deals by CI Financial. Acquisitions in California 2 tracked deals by CI Financial. Acquisitions in New York 2 tracked deals by CI Financial.

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