CI Financial Reports Total Assets of $354.6 Billion for April 2022
CI Financial Corp. Common Shares (CIXX)
Company Research
Source: Business Wire
All financial amounts in Canadian dollars unless stated otherwise. TORONTO--(BUSINESS WIRE)--CI Financial Corp. (“CI”) (TSX: CIX, NYSE: CIXX) today reported preliminary total assets of $354.6 billion as at April 30, 2022, consisting of assets under management of $128.4 billion, Canadian wealth management assets of $77.5 billion, and U.S. wealth management assets of $148.7 billion.During April, CI completed the acquisitions of Corient Capital Partners, LLC of Newport Beach, California, Northwood Family Office Ltd. of Toronto, and Galapagos Partners, LP of Houston.Effective with the release of its financial results for the first quarter of 2022, CI has expanded its segment reporting to these three segments. Prior periods have been restated to conform with the new presentation format.CI FINANCIAL CORP.April 30, 2022PRELIMINARY MONTH-END ASSETS (C$ Billions)ENDING ASSETSApril2022March2022% ChangeApril2021% ChangeAsset management (1)$128.4$136.3-5.8%$135.1-5.0%Canada wealth management
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