CI Private Wealth

What CI Private Wealth does

CI Private Wealth is a wholly-owned subsidiary of CI Financial Corp. that provides integrated wealth and family office services to ultra-high-net-worth (UHNW) and high-net-worth clients in Canada and, through affiliate Corient, the United States. The offering combines personalized financial planning, investment management, and advisory services under a private partnership model, delivered alongside CI Financial's broader platform of UHNW, advisory, asset management, and self-directed businesses. CI Private Wealth itself is consolidated under the CI Prestige unified brand, which since April 1, 2020 has combined CI Private Investment Management (PIM), CI Private Wealth (CIPW), and CI Preferred Pricing (CIPP) under a single administrative process and simplified fee structure; CI Financial was taken private by Mubadala Capital in 2024 and continues to operate as a privately held diversified global wealth and asset manager with $550B+ in AUM as at August 2025.

The underlying technology stack is a diversified platform spanning web, mobile, and API-based channels that supports wealth management, asset management, and digital investing across the group's six business lines (CI Global Asset Management, CI Assante Wealth Management, CI Segall Bryant & Hamill, CI Private Wealth, CI Direct Investing, and CI Investment Services Inc.). CI Services d'investissement Inc. provides automated API connectivity and secure file transfer protocol for portfolio managers, robo-advisors, and correspondent services with customizable custody reporting, and the group maintains SSL encryption and a multi-layer cybersecurity defense-in-depth program. Strategic priorities articulated by leadership include modernizing the asset management business, expanding the wealth management platform (with explicit emphasis on advisor enablement, integrated capabilities, and digital servicing), and globalizing the firm beyond Canada's borders — the last of which is supported by the June 2026 completion of the Invesco Canada fund business acquisition (bringing CI GAM to approximately C$175B AUM) and pending European acquisitions via Corient targeting approximately C$650B in combined global client assets.

Revenue is generated primarily through asset-based and fee-based streams: management fees on mutual funds, ETFs, and alternative investments at CI GAM; customized percentage-of-AUM fees for UHNW private wealth and family office engagements (no public pricing disclosed); sub-advisory revenue from the long-term Invesco partnership covering 61 funds with approximately C$13 billion in AUM; and transaction-based brokerage and correspondent services revenue through CI Investment Services Inc. (CI Direct Trading). Distribution is multi-channel: financial advisor and wealth management firm networks serve enterprise-scale relationships across more than 1.3 million Canadian investors; CI Direct Investing provides self-directed digital and robo-advisor access through WealthBar Financial Services; institutional fund distribution targets enterprise clients; and the Corient family office network (planned Canadian launch June 2026) addresses UHNW households globally. CI Financial was founded in 1965, is headquartered at 15 York Street, Toronto, and operates across Canada, the United States, and Asia-Pacific, with Europe, the Middle East, and Africa targeted through pending acquisitions.

Name

CI Private Wealth

Legal name

CI Financial Corp.

Website

https://cifinancial.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

251–500 employees

Short description

CI Private Wealth, a wholly-owned subsidiary of CI Financial Corp., provides integrated wealth and family office services to ultra-high-net-worth and high-net-worth clients across Canada, operating within a broader $550B+ AUM platform spanning asset management, advisory, and self-directed investing.

Ownership category

akta.pro rank

Product category

Private Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Family Office Services (Single & Multi-Family Office) (FSABADAF)

akta.pro secondary industries

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Private Banking Alternatives & Private Markets Access (PE/VC, Hedge Funds, Real Assets) (FSABADAH), Alternative Investments for Private Wealth (Hedge Funds, PE/VC Access, Private Credit) (FSAAABAI)

Keywords

• Private wealth management
• Family office services
• Wealth advisory services
• Investment management
• Estate planning services

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Asset Management Fees: CI Global Asset Management generates revenue through management fees on mutual funds, exchange-traded funds (ETFs), and alternative investments. Following the Invesco acquisition (June 2026), CI GAM now manages approximately C$175 billion in assets, with 98 funds from the acquired business. The firm serves over 1.3 million investors across Canada.
2. Private Wealth Management: CI Private Wealth generates revenue through integrated wealth and family office services for ultra-high-net-worth clients. The firm manages approximately C$650 billion in client assets globally (post-expansion), positioning it as the largest non-bank wealth manager and largest multi-family office for UHNW clients in North America.
3. Sub-advisory Revenue: Following the Invesco acquisition, Invesco affiliates continue to provide portfolio management services to 61 funds through a sub-advisory arrangement with approximately C$13 billion in AUM, generating ongoing sub-advisory revenue for CI GAM as the funds' nominal manager.
4. Brokerage and Trading Services: CI Services d'investissement Inc. (CISI), a discount brokerage with order execution only, provides services to self-directed investors under the CI Direct Trading brand. Revenue is generated through trading commissions and administrative fees for correspondent services to portfolio managers and robo-advisors.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

CI Private Wealth provides integrated wealth and family office services for ultra-high-net-worth clients, delivered through a private partnership model that emphasizes personalized financial planning, investment management, and bespoke advisory solutions. The offering combines investment strategy, financial planning, estate planning, and family office capabilities under a single relationship, leveraging the scale and platform of parent CI Financial Corp. to serve clients across Canada, the U.S., and Asia-Pacific.

Product overview

CI Financial offers a comprehensive suite of wealth and asset management products and services through multiple business lines. CI Private Wealth is one of several distinct businesses within CI Financial's platform, alongside CI Assante Wealth Management, CI Direct Investing, CI Global Asset Management, CI Segall Bryant & Hamill Asset Management, and CI Investment Services Inc. CI Prestige serves as a unified sub-brand combining private investment management, CI Private Wealth, and preferred pricing programs under a single administrative structure. CI Private Wealth specifically focuses on delivering integrated wealth and family office services to affluent and high-net-worth clients in Canada, with a planned expansion through Corient's June 2026 launch bringing approximately C$10 billion in assets from previously acquired firms including Northwood Family Office and Coriel Capital.

Differentiator

Problem solved

Functional benefit

Brands

• CI Prestige: A unified brand which combines the CI Private Investment Management (PIM), CI Private Wealth (CIPW) and CI Preferred Pricing (CIPP) platforms under a single administrative process and simplified fee structure.

Products and services

• CI Private Wealth Integrated wealth and family office services for ultra-high-net-worth clients delivered through a private partnership model, combining personalized financial planning, investment management, and bespoke advisory solutions under a single relationship.
• CI Prestige Unified brand combining CI Private Investment Management (PIM), CI Private Wealth (CIPW), and CI Preferred Pricing (CIPP) platforms under a single administrative process and simplified fee structure.
• Corient UHNW Wealth and Family Office

Quantifiable outcome

• Assets under management increased to approximately C$175 billion following Invesco acquisition (June 2026)
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Invesco Ltd.coreStrategic or Co-development Partner · 1 June 2026Long-term strategic partnership formed following CI GAM's acquisition of Invesco's Canadian fund business (approximately C$27 billion in AUM). Under the arrangement, Invesco affiliates continue to provide portfolio management services to 61 funds through sub-advisory arrangement with approximately C$13 billion in AUM, ensuring consistent investment experience for securityholders. CI GAM will rebrand 37 funds under the CI banner effective July 31, 2026.
• Morgan Stanley & Co. LLCminorOthersMorgan Stanley & Co. LLC acted as financial advisor to Invesco in connection with the sale of Invesco's Canadian fund business to CI GAM.
• Borden Ladner Gervais LLPminorOthersBorden Ladner Gervais LLP served as legal advisor to Invesco in connection with the transaction.
• Jefferies Securities Inc.minorOthersJefferies Securities Inc. acted as financial advisor to CI GAM in connection with the acquisition of Invesco's Canadian fund business.
• Stikeman Elliott LLPminorOthersStikeman Elliott LLP served as legal advisor to CI GAM in connection with the transaction.
• Stonehage FlemingcoreStrategic or Co-development PartnerPending acquisition by Corient (linked to CI Private Wealth). Stonehage Fleming is a European wealth management firm. Upon closing of this and other pending European acquisitions (subject to regulatory approvals), Corient would establish presence across Europe, Middle East, and Africa and become the world's largest non-bank fee-only wealth manager.
• Stanhope Capital GroupcoreStrategic or Co-development PartnerPending acquisition by Corient (linked to CI Private Wealth). Stanhope Capital Group is a European wealth management firm. Upon closing of this and other pending European acquisitions, Corient would expand its global footprint to Europe, Middle East, and Africa.
• Bedrock GroupcoreStrategic or Co-development PartnerPending acquisition by Corient (linked to CI Private Wealth). Bedrock Group is a European wealth management firm. Upon closing of this and other pending European acquisitions, Corient would establish presence across Europe, Middle East, and Africa with approximately $475 billion in combined client assets.
• Northwood Family OfficecoreStrategic or Co-development PartnerPreviously acquired firm contributing approximately C$10 billion in assets to Corient's Canadian expansion planned for June 2026. Brings UHNW client base and family office capabilities to the combined entity.
• Coriel CapitalcoreStrategic or Co-development PartnerPreviously acquired firm contributing approximately C$10 billion in assets to Corient's Canadian expansion planned for June 2026. Along with Northwood Family Office and select CI Private Wealth advisors, forms the foundation for the Canadian market entry.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Raymond James Ltd. Major Canadian wealth management subsidiary of Raymond James Financial serving affluent and HNW clients through an advisor-mediated model; direct competitor to CI Assante and adjacent to CI Private Wealth in the HNW/UHNW segment.
• Canaccord Genuity Wealth: Canadian wealth management division of Canaccord Genuity Group serving HNW and UHNW clients through independent advisors and integrated wealth solutions; comparable in advisor-mediated distribution and HNW client focus.
• Stonehage Fleming: European multi-family office serving UHNW individuals and families; pending acquisition target by Corient that would integrate it into the CI Private Wealth platform. Highly comparable in client segment, fee-only model, and integrated family office offering.
• Corient: U.S.-based wealth management firm directly linked to CI Private Wealth advisors; operates the same private partnership model serving UHNW clients and is the vehicle for the global multi-family office expansion including the pending Canadian launch in June 2026.
• Stanhope Capital Group: European wealth management and advisory firm targeting UHNW clients; pending acquisition by Corient directly comparable in service model and target segment to CI Private Wealth.
• Richardson Wealth: Canadian independent wealth management firm serving HNW and UHNW clients through a national advisor network; directly comparable to CI Assante and adjacent to CI Private Wealth in the Canadian HNW/UHNW segment.

Broad incumbents

• RBC Wealth Management: Wealth management arm of Royal Bank of Canada serving HNW and UHNW clients globally; comparable in scale, integrated platform, and UHNW/Coriolent-style family office capabilities.
• iA Financial Group: Large Canadian financial services conglomerate offering wealth management, insurance, and investment solutions through dealers and advisors; overlaps with multiple CI Financial subsidiaries across wealth and asset management.
• BMO Wealth Management: Wealth management division of Bank of Montreal serving HNW and UHNW clients across Canada and the U.S.; overlaps with CI Private Wealth on integrated wealth and family office services.
• Manulife Wealth: Wealth and asset management arm of Manulife Financial serving individual and institutional clients in Canada and globally; comparable asset management scale and advisor-mediated distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ci-private-wealth-canada

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about CI Private Wealth