Serial acquirer CI Financial Corp. on Wednesday morning announced plans to buy Matrix Capital Advisors, a Chicago-based registered investment adviser with $615 million in client assets. Toronto-based CI Financial, which has already announced more than two dozen deals since entering ...

CI Financial paired the reporting of record third-quarter financial results with the news that it is expanding beyond its pattern of acquiring registered investment advisers by taking a minority stake in alternative investments platform GLASfunds. The investment in the $1.1 ...

The momentum continues for CI Financial as the Toronto-based aggregator notches another major acquisition in the U.S. wealth management space. Just a week after acquiring $4.1 billion Detroit-based R.H. Bluestein & Co., CI is adding $7.5 billion Chicago-based Gofen and ...

Toronto-based aggregator CI Financial is acquiring Portola Partners, a $5.2 billion registered investment adviser based in Menlo Park, California. The deal, which expands CI’s footprint in the San Francisco Bay area, will give the Canadian buyer approximately $82 billion in ...

Toronto-based CI Financial is acquiring a $3.4 billion registered investment adviser. The addition of Columbus, Ohio-based Budros Ruhlin & Roe will push CI’s U.S. wealth management footprint to approximately $74 billion. The deal is expected to close by the end ...

Wealth management aggregator Focus Financial Partners is set to make its fourth acquisition of a Canadian advisory shop as partner firm Connectus Wealth Advisers adds Toronto-based Gavin Hockey Wealth Specialists. The deal is unique in that it subtly fires a ...