CI Financial Corp. (“CI”) (TSX: CIX, NYSE: CIXX) today reported preliminary total assets of $348.5 billion as at July 31, 2022, consisting of asset management assets of $121.5 billion, Canadian wealth management assets of $77.3 billion, and U.S. wealth management assets of $149.7 billion.
CI FINANCIAL CORP. July 31, 2022 PRELIMINARY MONTH-END ASSETS (C$ Billions) |
|||||
ENDING ASSETS |
July
|
June
|
% Change |
July
|
% Change |
Asset management (1) |
$121.5 |
$116.1 |
4.7% |
$140.0 |
-13.2% |
Canada wealth management |
$77.3 |
$74.1 |
4.3% |
$76.3 |
1.3% |
U.S. wealth management(2) |
$149.7 |
$143.5 |
4.3% |
$86.2 |
73.7% |
TOTAL ASSETS |
$348.5 |
$333.7 |
4.4% |
$302.6 |
15.2% |
AVERAGE AUM |
July
|
June
|
June
|
Fiscal
|
% Change |
Monthly average |
$117.8 |
$119.1 |
- |
- |
-1.1% |
Quarter-to-date average |
$117.8 |
- |
$125.4 |
- |
-6.1% |
Year-to-date average |
$129.7 |
- |
- |
$137.9 |
-5.9% |
About CI Financial
CI Financial Corp. is an integrated global wealth and asset management company. CI’s 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., Northwood Family Office Ltd., CI Direct Investing (WealthBar Financial Services Inc.), and CI Investment Services Inc.
CI’s U.S. wealth management businesses consist of Barrett Asset Management, LLC, Balasa Dinverno Foltz LLC, Bowling Portfolio Management LLC, Brightworth, LLC, BRR OpCo, LLC (Budros, Ruhlin & Roe), The Cabana Group, LLC, Corient Capital Partners, LLC, CPWM, LLC (Columbia Pacific Wealth Management), Columbia Pacific Advisors, LLC, Congress Wealth Management LLC, Dowling & Yahnke, LLC, Doyle Wealth Management, LLC, Galapagos Partners, LP, GLASfunds, LLC, Gofen & Glossberg, LLC, Matrix Capital Advisors, LLC, McCutchen Group LLC, OCM Capital Partners, LLC, Portola Partners Group LLC, Radnor Financial Advisors, LLC, RegentAtlantic Capital, LLC, The Roosevelt Investment Group, LLC, RGT Wealth Advisors, LLC, R.H. Bluestein & Co., Segall Bryant & Hamill, LLC, Stavis & Cohen Private Wealth, LLC, and Surevest LLC.
CI is listed on the Toronto Stock Exchange under CIX and on the New York Stock Exchange under CIXX. Further information is available at www.cifinancial.com.
CI Global Asset Management is a registered business name of CI Investments Inc., a wholly owned subsidiary of CI Financial Corp.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220815005108/en/
Investor Relations
Jason Weyeneth, CFA
Vice-President, Investor Relations & Strategy
416-681-8779
[email protected]
Media Relations
Canada
Murray Oxby
Vice-President, Corporate Communications
416-681-3254
[email protected]
United States
Jimmy Moock
Managing Partner, StreetCred
610-304-4570
[email protected]
[email protected]