Toronto-based aggregator CI Financial announced the acquisition of a $5 billion RIA Tuesday, along with record fourth-quarter financial results. The $305 billion financial conglomerate, which has acquired more than $120 billion worth of U.S. wealth management assets since entering the ...

Two years ago, it might have been easy to write off CI Financial Corp. as a wayward carpetbagger schlepping down from Canada to try and horn in on the bustling U.S. wealth management industry. But that is no longer the ...

Dynasty Financial Partners is turning to the public equity markets to support its strategy of helping wirehouse representatives break away to become independent financial advisers. According to the filing with the Securities and Exchange Commission, St. Petersburgh, Florida-based Dynasty is ...

In a year-end rush to wrap up deals before any potential new taxes kick in, serial acquirer CI Financial announced a twofer Wednesday morning involving advisory firms that combine for more than $10 billion in client assets under management. The ...

In one of its biggest deals to date, Toronto-based aggregator CI Financial is buying RegentAtlantic, a $6 billion New York-based registered investment adviser. The deal pushes CI’s total U.S. RIA assets over $100 billion and marks it’s 28th acquisition since ...

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 ...

CI Financial, the Canadian mega buyer of U.S. advisory businesses, is gobbling up another big RIA. CI announced Tuesday that it’s acquiring R.H. Bluestein & Co., a $4.1 billion registered investment adviser with offices in Detroit and New York City ...

Canadian mega buyer CI Financial is acquiring Seattle-based McCutchen Group, an RIA focused on ultra-high-net-worth clients with $3.4 billion under management. Like many of CI’s acquisitions, McCutchen Group is large and fast-growing, but it’s also relatively new, having been launched ...

Almost from the day he started his wealth management firm in 2014, Russ Charvonia would get unsolicited emails offering to buy the company. He’d send them directly to his trash folder.  But like hundreds of other managers this year, Charvonia ...