The Roosevelt Investment Group

What The Roosevelt Investment Group does

The Roosevelt Investment Group is a Registered Investment Advisor (RIA) founded in 1971 in New York that historically provided investment management and wealth advisory services to individual investors. The firm operated with 11-50 employees and functioned as a private wealth management boutique targeting a horizontal segment of private clients seeking discretionary investment management. Its core offering was portfolio advisory without disclosed technology infrastructure, proprietary AI capabilities, or disclosed pricing models; revenue mechanics were consistent with standard AUM-based advisory fees typical of the U.S. RIA channel.

In 2020, Roosevelt was acquired by CI Financial, a Canadian asset manager listed on the NYSE on November 17, 2020, as one of 12 U.S. RIA firms acquired that year in a roll-up totaling $16 billion in managed assets. This acquisition gave Roosevelt access to a larger institutional platform, expanded distribution, and USD acquisition currency previously unavailable to the Canadian parent. CI Financial's AUM grew from approximately $204 billion toward a $479 billion target, a 135% increase, partly through these acquisitions.

Effective May 1, 2024, Roosevelt Investments completed full integration with CI Segall Bryant & Hamill Asset Management (SBH), ceasing to operate as a standalone brand. Roosevelt's operations, services, and client relationships were absorbed into the SBH platform, with the SBH website (www.sbhic.com) now serving as the primary client interface. The firm no longer maintains independent branding, distribution, or product identity, and operates as a sub-brand within CI Financial's U.S. wealth management ecosystem.

Name

The Roosevelt Investment Group

Legal name

Roosevelt Investments

Website

https://rooseveltinvestments.com

Company type

Private

Founded year

1971

Operating status

Acquired

Headcount range

11–50 employees

Short description

The Roosevelt Investment Group was a New York-based Registered Investment Advisor founded in 1971 that provided investment management and wealth advisory services to individual investors. It was acquired by CI Financial in 2020 and fully integrated into CI Segall Bryant & Hamill Asset Management (SBH) on May 1, 2024.

Ownership category

akta.pro rank

Product category

Wealth Management Services

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Investment Management Advisory (RIA) (FSAEAAAB)

Keywords

• Investment management services
• Registered investment advisor
• Private wealth management
• Portfolio advisory services
• Asset management advisory

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Distribution channels1 record

Core offering

The Roosevelt Investment Group operated as a Registered Investment Advisor (RIA) providing discretionary investment management and private wealth advisory services to individual investors. Following integration with CI Segall Bryant & Hamill Asset Management (SBH) effective May 1, 2024, the firm's services are now delivered under the SBH brand as part of CI Financial's U.S. wealth management platform.

Product overview

The Roosevelt Investment Group was a Registered Investment Advisor (RIA) firm offering investment management services. As of May 1, 2024, Roosevelt Investments has been fully integrated with CI Segall Bryant & Hamill Asset Management (SBH), operating exclusively under the SBH brand. The company previously served as a U.S. wealth management firm that was acquired as part of CI Financial's expansion strategy.

Differentiator

Problem solved

Functional benefit

Products and services

• Roosevelt Investments Investment Management Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• CI Segall Bryant & Hamill Asset Management (SBH)coreStrategic or Co-development Partner · 1 May 2024Roosevelt Investments completed its integration with CI Segall Bryant & Hamill Asset Management (SBH), operating under the SBH brand effective May 1, 2024. This represents a full brand integration where Roosevelt's operations and services are now combined with SBH's asset management platform.

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• CI Segall Bryant & Hamill Asset Management: Direct parent and now operating brand after Roosevelt's May 2024 integration; same institutional asset management and RIA model that absorbed Roosevelt's book, making it the most directly comparable entity.
• CI Financial: Acquirer and ultimate parent; a Canadian-listed (NYSE) wealth and asset manager actively consolidating U.S. RIAs via a roll-up strategy that defined how Roosevelt is currently positioned in the market.
• Bessemer Trust: Multi-family office and RIA focused on HNW/UHNW wealth advisory; comparable in client segment (legacy and individual investors) and discretionary portfolio management orientation to Roosevelt.
• Brown Brothers Harriman (Wealth Management): Private RIA and trust company serving HNW families with investment advisory and custody-adjacent services; highly comparable business model and target clientele to Roosevelt's individual investor focus.
• Creative Planning: Large-scale, multi-advisor RIA offering comprehensive wealth management to individuals; directly comparable in offering breadth and customer segment, though at materially greater scale.
• Mariner Wealth Advisors: National RIA platform built via acquisition of boutique advisory firms, very similar to CI Financial's U.S. RIA roll-up including Roosevelt; same acquisition-led, individual-investor-focused model.
• Wilmington Trust (Wealth Advisory): Registered investment advisor delivering wealth management, planning, and trust services to HNW individuals; comparable in service mix and clientele to a legacy NYC RIA like Roosevelt.
• Fisher Investments: Large RIA managing discretionary portfolios primarily for individual/HNW investors; directly comparable in primary service line (discretionary investment management for individuals) though operating at substantially larger scale.

Broad incumbents

• Schwab Wealth Advisory: Charles Schwab's wealth advisory unit, including Schwab Private Client and Intelligent Portfolios; a scaled incumbent offering comparable investment-advisory services to individuals, competing directly for the same target audience as Roosevelt.
• Edelman Financial Engines: Large RIA serving individual investors across the wealth spectrum with advisory and planning services; comparable customer segment and core service but operates nationally with significantly greater scale and technology investment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about The Roosevelt Investment Group