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Ci Financial To Acquire Ultra-High-Net-Worth Wealth Manager Coriel Capital

Aug 10, 2023•about 2 years ago

Acquiring Company

CI Global Asset Management

Acquired Company

Ultra-High-Net-Worth Wealth Manager Coriel Capital

TorontoFinancial Services

Description

CI Financial Corp. (“CI”) (TSX: CIX) and Coriel Capital Inc. (“Coriel”) today announced an agreement under which CI will acquire Coriel, a Montreal-based wealth management firm.

Company Information

Company

CI Global Asset Management

Location

Toronto, Ontario, Canada

About

CI Global Asset Management (CI GAM) is one of Canada’s largest investment management companies. It offers a wide range of investment products and services. CI GAM is a subsidiary of CI Financial Corp., an integrated global asset and wealth management company. The firm is trusted for its expertise in portfolio construction and risk management.

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M&A Insights

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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