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CI Financial Reporting Total Assets of $525.3 Billion for October 2024; Comes Days After News CIX Is Being Taken Private
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CI Financial Reporting Total Assets of $525.3 Billion for October 2024; Comes Days After News CIX Is Being Taken Private
Nov 28, 2024 4:38 AM

07:22 AM EST, 11/28/2024 (MT Newswires) -- CI Financial Corp. ( CIXXF ) -- which is being taken private -- reported Thursday preliminary total assets of $525.3 billion as at October 31, 2024, consisting of asset management assets of $136.1 billion, Canadian wealth management assets of $100.4 billion, Canadian custody assets of $32.3 billion, and U.S. wealth management assets of $256.5 billion.

As previously reported, on October 31, 2024, Corient, CI's U.S. wealth management subsidiary, completed the acquisition of registered investment advisor Ensemble Capital Management, LLC of San Francisco, adding assets of near $2.4 billion (US$1.8 billion).

It was announced Monday that Abu Dhabi's Mubadala Capital will take CI Financial ( CIXXF ) private in a C$12.1 billion all-cash deal, including debt.

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