CI Financial Corp. ("CI") (TSX: CIX) today reported preliminary total assets of $420.7 billion as at October 31, 2023, consisting of asset management assets of $117.1 billion, Canadian wealth management assets of $80.7 billion, Canadian custody assets of $23.4 billion, and U.S. wealth management assets of $199.4 billion.
As previously announced, CI completed the acquisition of Windsor Wealth Management Inc., an Indianapolis-based registered investment advisor, in October.
CI FINANCIAL CORP. October 31, 2023 PRELIMINARY MONTH-END ASSETS (C$ Billions) |
||||||||||
ENDING ASSETS |
October 2023 |
September 2023 |
% Change |
October 2022 |
% Change |
|||||
Asset management (1) |
$117.1 |
|
$119.0 |
|
-1.6 |
% |
$116.4 |
|
0.6 |
% |
Canada wealth management |
$80.7 |
|
$81.5 |
|
-1.0 |
% |
$76.2 |
|
5.9 |
% |
Canada custody (2) |
$23.4 |
$23.4 |
0.0 |
% |
$6.8 |
244.1 |
% |
|||
U.S. wealth management (3) |
$199.4 |
|
$197.0 |
|
1.2 |
% |
$171.9 |
|
16.0 |
% |
TOTAL ASSETS |
$420.7 |
|
$421.0 |
|
-0.1 |
% |
$371.3 |
|
13.3 |
% |
ASSET MANAGEMENT ? AVERAGE AUM |
October 2023 |
September 2023 |
September 2023 |
Fiscal
|
% Change |
|||||
Monthly average |
$118.0 |
|
$121.2 |
|
- |
|
- |
|
-2.6 |
% |
Quarter-to-date average |
$118.0 |
- |
$122.1 |
- |
-3.4 |
% |
||||
Year-to-date average |
$121.6 |
|
- |
|
- |
|
$125.0 |
|
-2.7 |
% |
About CI Financial
CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. Founded in 1965, CI has developed world-class portfolio management talent, extensive capabilities in all aspects of wealth planning, and a comprehensive product suite.
CI operates in three segments:
CI is headquartered in Toronto and listed on the Toronto Stock Exchange (TSX: CIX). To learn more, visit CI's website or LinkedIn page.
CI Global Asset Management is a registered business name of CI Investments Inc., a wholly owned subsidiary of CI Financial Corp.