CI Financial

What CI Financial does

CI Financial Corp. is a Toronto-based wealth and asset management firm founded in 1965 that operates through multiple wholly-owned subsidiaries including CI Global Asset Management (mutual funds, ETFs, and alternative investments), CI Assante Wealth Management (advisor-led wealth advisory), CI Private Wealth (high-net-worth services), CI Direct Investing (digital self-directed platform, formerly WealthBar), CI Investment Services Inc., and CI Segall Bryant & Hamill Asset Management. The company's U.S. and international ultra-high-net-worth platform, Corient (Miami-headquartered), extends across the U.S., Canada, the U.K., Europe, the Middle East, and Africa, reaching $508B in client assets following its 2025-2026 U.K. and European acquisitions. As of August 2025, CI Financial reports $550B+ in assets under management and 2,900+ employees globally.

The firm's product and technology stack spans digital self-directed investing (CI Direct Investing), advisor management systems, and an AI-powered financial planning layer delivered through the Conquest Planning Strategic Advice Manager, deployed across CI Assante, CI Private Wealth, and Aligned Capital Partners for real-time personalized client planning. The asset management division (CI GAM) operates a diversified product shelf spanning mutual funds, ETFs, structured yield products, performance-fee series (CI Performance Series), alternative investments (post-Forge First acquisition), and crypto-asset products (CI Galaxy Solana ETF). The recently acquired Invesco Canada fund business adds 98 mutual funds and ETFs with 61 funds continuing under Invesco sub-advisory arrangements.

CI Financial generates revenue primarily through recurring advisory and asset management fees tied to assets under management and administration, supplemented by performance fees, sub-advisory fees (Invesco partnership), and licensing/royalty arrangements. Distribution operates through enterprise field sales (CI Assante advisors, Corient partners, U.S. RIA network), digital self-serve channels (CI Direct Investing), and channel partnerships (Conquest Planning, Neo Financial). Following the August 2025 take-private by Mubadala Capital (Abu Dhabi's sovereign wealth fund) for approximately C$4.7B, the company has accelerated inorganic expansion across North America, the U.K., and EMEA, building a global wealth and asset management platform anchored by the $508B Corient UHNW franchise.

Name

CI Financial

Legal name

CI Financial Corp.

Website

https://cifinancial.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Toronto-based CI Financial Corp. provides wealth and asset management services through CI Global Asset Management, CI Assante, CI Private Wealth, CI Direct Investing, and Corient, managing $550B+ in AUM across retail, HNW, UHNW, and institutional segments globally.

Ownership category

akta.pro rank

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Wealth Management Advisory Fees: CI Financial generates revenue through wealth management advisory services delivered via its network of financial advisors and wealth managers, including CI Assante Wealth Management, CI Private Wealth, and Corient. Revenue is earned through advisory fees charged to clients based on assets under management or administration.
2. Asset Management Fees: CI Global Asset Management manages mutual funds, ETFs, and alternative investment funds, earning management fees based on assets under management. The company also earns performance fees on certain funds.
3. Strategic Sub-Advisory Partnership: Following the Invesco Canada acquisition, CI GAM earns sub-advisory fees where Invesco affiliates continue to sub-advise 61 funds as part of the long-term strategic partnership.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

CI Financial is a Canadian wealth and asset management company offering an integrated platform spanning mutual funds, ETFs, alternative investments, full-service wealth advisory, private wealth management, self-directed digital investing, brokerage services, and ultra-high-net-worth family office services. The company manages approximately $550 billion in AUM across Canada, the U.S., U.K., Europe, Middle East, and Africa through subsidiaries including CI Global Asset Management, CI Assante Wealth Management, CI Private Wealth, CI Direct Investing, CI Segall Bryant & Hamill, and Corient.

Product overview

CI Financial is a Canadian wealth and asset management company offering an integrated platform of products and services. The company operates through multiple divisions: CI Global Asset Management (mutual funds, ETFs, and alternative investments); CI Assante Wealth Management (full-service wealth advisory); CI Private Wealth (high-net-worth services); CI Direct Investing (digital/self-directed investing); CI Investment Services Inc. (brokerage); and CI Segall Bryant & Hamill (U.S. asset management). Additionally, Corient, a Miami-based fee-only RIA and subsidiary, focuses on ultra-high-net-worth clients with operations extending to the UK and Europe following acquisitions of Stonehage Fleming and Stanhope Capital Group. The company was taken private by Mubadala Capital in August 2025 and manages approximately $550 billion in AUM as of August 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• CI Global Asset Management

Quantifiable outcome

• Assets under management grew from approximately $204 billion to $550B+ through acquisitions and market growth
• +2 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core and strategic.

• InvescocoreStrategic or Co-development Partner · 13 January 2026CI Global Asset Management acquired Invesco's Canadian investment fund business with C$27 billion in AUM and formed a long-term strategic partnership. Under the arrangement, Invesco affiliates continue to sub-advise 61 funds worth approximately C$13 billion.
• Conquest PlanningstrategicTechnology or Integration · 6 March 2025Strategic partnership where CI Wealth advisors across CI Assante Wealth Management, CI Private Wealth, and Aligned Capital Partners gain access to Conquest's AI-powered Strategic Advice Manager platform for real-time personalized financial planning.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• IGM Financial: Canadian wealth and asset management company (parent of Investors Group and Mackenzie Investments) operating mutual fund, ETF, and wealth advisory franchises — CI Financial's most direct domestic peer in both retail wealth and institutional asset management.
• LPL Financial: Largest U.S. independent broker-dealer and RIA custodian supporting thousands of financial advisors — directly comparable to CI Financial's U.S. wealth distribution and Corient RIA platform in scale and advisor-centric model.
• Focus Financial Partners: Leading U.S. RIA roll-up platform acquired by Clayton, Dubilier & Rice in 2023; pioneered the RIA acquisition model that CI Financial and Corient have explicitly followed in building a multi-affiliate wealth management franchise.
• Ameriprise Financial: U.S. wealth and asset manager with advisor-led distribution and a substantial asset management arm (Columbia Threadneedle) — directly comparable to CI Financial's combined wealth advisory + CI GAM model.
• Raymond James Financial: Diversified financial services firm with a large U.S. advisor-channel wealth management business and an asset management subsidiary (Eagle/Carillon) — overlaps with CI Financial on advisor-driven wealth distribution and active asset management.
• Russell Investments: Multi-affiliate global wealth manager and institutional asset manager with a partner-advisor model in Canada and globally — closely mirrors CI Financial's CI Wealth advisor network plus institutional asset management structure.
• Mercer Advisors: U.S. RIA focused on HNW and UHNW households with a national roll-up strategy — directly comparable to Corient's U.S. wealth acquisition playbook and target client segment.
• Creative Planning: One of the largest U.S. independent RIAs serving HNW and UHNW clients with a multi-channel wealth and investment management offering — directly comparable to Corient in scale, target clientele, and integrated advisory model.

Broad incumbents

• Power Corporation of Canada: Canadian diversified financial holding company controlling IGM Financial and Great-West Lifeco — comparable to CI Financial as a Canadian wealth/asset management conglomerate, though broader in scope (insurance, retirement).
• BlackRock: World's largest asset manager with deep ETF, mutual fund, and alternatives franchises — relevant peer to CI GAM in asset management, though considerably larger and more institutionally focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ci-financial

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries10 records

Funding overview

Funding rounds6 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A20 records

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CI Financial