CI Financial notches 15th RIA acquisition in as many months
The Toronto mega-buyer continues to gobble up U.S. wealth managers at a record clip. Once the deal closes, CI is expected to have approximately $50 billion in U.S. assets and total assets of $212 billion.
Toronto-based CI Financial continues to solidify its position as the most aggressive buyer of U.S.-based registered investment advisers with the acquisition of New York-based Barrett Asset Management.
Barrett, which manages $2.5 billion worth of client assets, is CI’s second transaction of 2021
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