CI Financial acquires Northwood Family Office [Investment Executive - News]
CI Financial Corp. Common Shares (CIXX)
Company Research
Source: Investment Executive - News
CI Financial Corp. has acquired Toronto-based Northwood Family Office, a multi-family office firm with $2.2 billion in assets under management, CI announced Tuesday. The acquisition is expected to increase CI’s Canadian wealth management assets to approximately $81 billion. CI reported preliminary Canadian wealth management assets of $78.6 billion as of Nov. 30, 2021. “Northwood is a great complement to our Canadian CI Private Wealth business and together they form a strong foundation for building the country’s leading high-net-worth and ultra-high-net-worth platform,” said Kurt MacAlpine, CEO of CI, in a release announcing the deal. Founded in 2003 by chairman and CEO Tom McCullough and president Scott Hayman, Northwood provides investment management and family office services to wealthy Canadian and global families with a combined $9 billion of family net worth. Clients include entrepreneurs, senior corporate executives, charitable and family foundations, and other ultra-high-net
Show less
Read more
Impact Snapshot
Event Time:
CIXX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CIXX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CIXX alerts
High impacting CI Financial Corp. Common Shares news events
Weekly update
A roundup of the hottest topics