BDF

Indonesia highlights the need for democracy to face challenges at the 15th Bali Democracy Forum

Retrieved on: 
Friday, December 9, 2022

Democracy is the choice of the Indonesian people and has proven to play an important role in advancing peace, stability, and prosperity.

Key Points: 
  • Democracy is the choice of the Indonesian people and has proven to play an important role in advancing peace, stability, and prosperity.
  • "Then, the future of democracy will really depend on us, whether we will continue to support or give up on democracy," she said.
  • Minister then emphasized that Indonesia is sticking to efforts to maintain the spirit of democracy and strengthen the foundations of democracy.
  • The Bali Democracy Forum is a cross-country forum in the Asia Pacific region that emphasizes democracy issues.

CI Financial to acquire Columbia Pacific Wealth Management and make strategic investment in Columbia Pacific Advisors

Retrieved on: 
Wednesday, December 15, 2021

(CI) (TSX: CIX; NYSE: CIXX) and Columbia Pacific of Seattle today announced a strategic relationship in which CI will invest in the continued growth of Columbia Pacifics world-class wealth management and alternative asset management firms.

Key Points: 
  • (CI) (TSX: CIX; NYSE: CIXX) and Columbia Pacific of Seattle today announced a strategic relationship in which CI will invest in the continued growth of Columbia Pacifics world-class wealth management and alternative asset management firms.
  • Columbia Pacific has built remarkable wealth management and alternative asset management businesses centered on delivering the best possible outcomes for their clients and investors, said Kurt MacAlpine, Chief Executive Officer of CI Financial.
  • As a result, U.S. wealth management will become CIs largest business line by assets, exceeding core asset management and Canadian wealth management.
  • CIs primary asset management businesses are CI Global Asset Management (CI Investments Inc.) and GSFM Pty Ltd., and it operates in Canadian wealth management through CI Assante Wealth Management (Assante Wealth Management (Canada) Ltd.), CI Private Counsel LP, Aligned Capital Partners Inc., CI Direct Investing (WealthBar Financial Services Inc.), and CI Investment Services Inc.
    CIs U.S. wealth management businesses consist of Barrett Asset Management, LLC, BDF LLC, Budros, Ruhlin & Roe, Inc., Bowling Portfolio Management LLC, Brightworth, LLC, The Cabana Group, LLC, Congress Wealth Management, LLC, Dowling & Yahnke, LLC, Doyle Wealth Management, LLC, Matrix Capital Advisors, LLC, McCutchen Group LLC, One Capital Management, LLC, Portola Partners Group LLC, Radnor Financial Advisors, LLC, The Roosevelt Investment Group, LLC, RGT Wealth Advisors, LLC, Segall Bryant & Hamill, LLC, Stavis & Cohen Private Wealth, LLC, and Surevest LLC.

CI Financial Reports Record Total Assets of $338.1 Billion for November 2021

Retrieved on: 
Monday, December 13, 2021

Includes $35.3 billion of assets managed by CI and held by clients of advisors with Assante, CIPC and Aligned Capital as at November 30, 2021 ($35.4 billion at October 31, 2021 and $31.6 billion at November 30, 2020).

Key Points: 
  • Includes $35.3 billion of assets managed by CI and held by clients of advisors with Assante, CIPC and Aligned Capital as at November 30, 2021 ($35.4 billion at October 31, 2021 and $31.6 billion at November 30, 2020).
  • Month-end USD/CAD exchange rates of 1.278, 1.239 and 1.300 for November 2021, October 2021 and November 2020, respectively.
  • CI Financial Corp. is an independent company offering global asset management and wealth management advisory services.
  • CI is listed on the Toronto Stock Exchange under CIX and on the New York Stock Exchange under CIXX.

CI Financial to Acquire RegentAtlantic, a Leading US$6-Billion New York-Area Wealth Manager

Retrieved on: 
Monday, December 6, 2021

It offers a comprehensive range of wealth planning services, including financial planning and investment management, customized to the needs of each client.

Key Points: 
  • It offers a comprehensive range of wealth planning services, including financial planning and investment management, customized to the needs of each client.
  • RegentAtlantic is a great strategic and cultural fit with the existing firms and leadership within CI Private Wealth and fully supports our vision of building the countrys leading wealth management firm.
  • As part of the transaction, all partners in RegentAtlantic will become equity partners in CI Private Wealth, the private partnership that will hold CIs U.S. wealth management business.
  • CI Financial Corp. is an independent company offering global asset management and wealth management advisory services.

Matrix Capital Advisors, a Chicago RIA Serving High-Net-Worth Clients, Joins CI Private Wealth

Retrieved on: 
Wednesday, December 1, 2021

CI Private Wealth, a division of CI Financial Corp. (CI) (TSX: CIX, NYSE: CIXX), today announced it has acquired Matrix Capital Advisors, LLC (Matrix), a Chicago-based registered investment advisor.

Key Points: 
  • CI Private Wealth, a division of CI Financial Corp. (CI) (TSX: CIX, NYSE: CIXX), today announced it has acquired Matrix Capital Advisors, LLC (Matrix), a Chicago-based registered investment advisor.
  • The personal relationships that Matrix forges with each client are a key aspect of the firms success, and its client-centric philosophy perfectly aligns with CIs vision for its CI Private Wealth brand.
  • We are excited to welcome another exceptional firm in Matrix Capital Advisors to CI Private Wealth, said Kurt MacAlpine, CI Chief Executive Officer.
  • As part of CI Private Wealth, the Matrix team will continue to comprehensively serve their clients while taking advantage of the additional resources that CI can provide as a global firm.

CI Financial Reports Record Financial Results for the Third Quarter of 2021

Retrieved on: 
Thursday, November 11, 2021

CI agreed to acquire Budros, Ruhlin & Roe, Inc., a wealth management firm with $4.4 billion in assets based in Columbus, Ohio.

Key Points: 
  • CI agreed to acquire Budros, Ruhlin & Roe, Inc., a wealth management firm with $4.4 billion in assets based in Columbus, Ohio.
  • Liquid alternatives CI Alternative North American Opportunities Fund and CI Alternative Diversified Opportunities Fund, launched as both ETFs and mutual funds.
  • CI affiliate RGT Wealth Advisors, LLC acquired Odyssey Wealth Management, LLC, an RIA with over $250 million in assets.
  • CI reports certain financial information using non-IFRS measures as CI believes these financial measures provide information that is useful to investors in understanding CIs performance and facilitate a comparison of quarterly and full-year results from period to period.

CI Financial Makes Strategic Investment in GLASfunds, a Leading Alternative Investment Platform

Retrieved on: 
Wednesday, November 10, 2021

CI Financial Corp. (CI) (TSX: CIX; NYSE: CIXX) announced today it has made a strategic investment in GLAS Funds, LLC (GLASfunds), a turnkey alternative investment platform and alternative asset management firm based in Cleveland.

Key Points: 
  • CI Financial Corp. (CI) (TSX: CIX; NYSE: CIXX) announced today it has made a strategic investment in GLAS Funds, LLC (GLASfunds), a turnkey alternative investment platform and alternative asset management firm based in Cleveland.
  • Founded in 2009, GLASfunds is one of the leading tech-enabled platforms providing investors with secure and streamlined digital access to institutional-quality alternative investment opportunities and asset management oversight.
  • CIs investment will strengthen GLASfunds offering to the broader market, while providing CI Private Wealth clients with enhanced access to alternative asset classes through a best-in-class platform.
  • Having CI as a strategic partner will enhance our capabilities and reach and broaden our appeal to all advisor firms seeking an alternative investment platform.

CI Financial Reports Record Total Assets of $331.8 Billion for October 2021

Retrieved on: 
Wednesday, November 10, 2021

Includes $35.4 billion of assets managed by CI and held by clients of advisors with Assante, CIPC and Aligned Capital as at October 31, 2021 ($34.7 billion at September 30, 2021 and $29.3 billion at October 31, 2020).

Key Points: 
  • Includes $35.4 billion of assets managed by CI and held by clients of advisors with Assante, CIPC and Aligned Capital as at October 31, 2021 ($34.7 billion at September 30, 2021 and $29.3 billion at October 31, 2020).
  • Month-end USD/CAD exchange rates of 1.239, 1.268 and 1.332 for October 2021, September 2021 and October 2020, respectively.
  • CI Financial Corp. is an independent company offering global asset management and wealth management advisory services.
  • CI is listed on the Toronto Stock Exchange under CIX and on the New York Stock Exchange under CIXX.

CI Financial to Acquire Gofen and Glossberg, a US$7.5-Billion Chicago-Based RIA Serving High-Net-Worth Families

Retrieved on: 
Wednesday, November 10, 2021

CI Financial Corp. (CI) (TSX:CIX; NYSE:CIXX) and Gofen and Glossberg, LLC (Gofen) today announced an agreement under which CI will acquire Gofen, a US$7.5-billion wealth and investment management firm that offers customized investment solutions and tailored planning solutions to primarily high-net-worth families.

Key Points: 
  • CI Financial Corp. (CI) (TSX:CIX; NYSE:CIXX) and Gofen and Glossberg, LLC (Gofen) today announced an agreement under which CI will acquire Gofen, a US$7.5-billion wealth and investment management firm that offers customized investment solutions and tailored planning solutions to primarily high-net-worth families.
  • This is exactly the type of firm CI looks to add to its growing CI Private Wealth group.
  • Gofen is also ranked on both the Barrons 2021 list of Top 100 RIA Firms in the United States and the CNBC Financial Advisor 100 list .
  • In CI Private Wealth, CI has built an impressive and compelling platform that includes top-tier wealth management firms across the country, said Charles Gofen, a Gofen Principal.