All financial amounts in Canadian dollars unless stated otherwise.
TORONTO–(BUSINESS WIRE)–$CIX #CIFinancial—CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $389.4 billion as at February 28, 2023, consisting of asset management assets of $121.9 billion, Canadian wealth management assets of $81.1 billion, and U.S. wealth management assets of $186.4 billion.
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CI FINANCIAL CORP. |
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|
ENDING ASSETS |
February |
January |
% Change |
February |
% Change |
|
Asset management (1) |
$121.9 |
$123.4 |
-1.2% |
$136.7 |
-10.8% |
|
Canada wealth management |
$81.1 |
$81.4 |
-0.4% |
$78.5 |
3.3% |
|
U.S. wealth management (2) |
$186.4 |
$185.1 |
0.7% |
$146.2 |
27.5% |
|
TOTAL ASSETS |
$389.4 |
$390.0 |
-0.2% |
$361.4 |
7.7% |
|
ASSET MANAGEMENT – AVERAGE AUM |
February |
January |
December |
Fiscal |
% Change |
|
Monthly average |
$123.1 |
$121.5 |
– |
– |
1.3% |
|
Quarter-to-date average |
$122.3 |
– |
$117.7 |
– |
3.9% |
|
Year-to-date average |
$122.3 |
– |
– |
$125.0 |
-2.2% |
- Includes $32.9 billion of assets managed by CI and held by clients of advisors with Assante, CIPC and Aligned Capital as at February 28, 2023 ($33.4 billion at January 31, 2023 and $34.7 billion at February 28, 2022).
- Month-end USD/CAD exchange rates of 1.3645, 1.3305 and 1.2675 for February 2023, January 2023 and February 2022, respectively.
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:
- Asset Management, which includes the operations of CI Global Asset Management and Australia-based GSFM Pty Ltd.
- Canadian Wealth Management, which includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth (Canada), Northwood Family Office, CI Direct Investing and CI Investment Services.
- U.S. Wealth Management, which includes CI Private Wealth US, a national network of best-in-class wealth management teams.
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.
Contacts
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]
