CI Financial’s Total Assets Reach $482.2 Billion in May 2024

CI Financial Corp. Reports Preliminary Total Assets of $482.2 Billion as at May 31, 2024

Are you interested in the world of finance and investments? If so, you’ll want to pay attention to the latest news from CI Financial Corp. This Canadian company has just reported some impressive numbers that are sure to catch the eye of any savvy investor.

As of May 31, 2024, CI Financial Corp. reported total assets of $482.2 billion, with significant portions allocated to asset management, Canadian wealth management, Canadian custody, and U.S. wealth management. The company’s U.S. wealth management subsidiary, Corient, also completed the acquisitions of two registered investment advisors with combined assets under management of approximately $5.6 billion (US$4.1 billion).

The growth in CI’s assets is evident when comparing the figures from May 2023, with a 17.6% increase year over year. The U.S. wealth management segment saw a 15.5% increase from the previous year, highlighting the company’s success in expanding its presence in the U.S. market.

CI Financial Corp. operates in three main segments: Asset Management, Canadian Wealth Management, and U.S. Wealth Management. With a diverse portfolio of offerings and a strong presence in multiple countries, CI is well-positioned to continue its growth trajectory in the coming years.

If you’re looking to learn more about CI Financial Corp. and its operations, you can visit their website or LinkedIn page for additional information. With a track record of success and a commitment to providing comprehensive wealth management solutions, CI Financial Corp. is a company worth keeping an eye on in the world of finance.

For more details on CI Financial Corp.’s recent financial report, you can view the source version on businesswire.com. And if you have any questions or inquiries, feel free to reach out to CI’s Investor Relations or Media Relations contacts listed above.

Stay tuned for more updates on CI Financial Corp. and the latest developments in the world of finance and investments. Happy investing!

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