CI Financial to Acquire Gofen and Glossberg, a US$7.Five-Billion Chicago-Based RIA Serving High-Net-Worth Families

About CI Financial 

CI Financial Corp. Is an independent employer offering worldwide asset management and wealth control advisory offerings. CI controlled and advised on about C$320.Four billion (US$252.7 billion) in patron assets as at September 30, 2021. CI’s primary asset control companies are CI Global Asset Management (CI Investments Inc.) and GSFM Pty Ltd., and it operates in Canadian wealth control through CI Assante Wealth Management (Assante Wealth Management (Canada) Ltd.), CI Private Counsel LP, Aligned Capital Partners Inc., CI Direct Investing (WealthBar Financial Services Inc.), and CI Investment Services Inc.

Barron’s RIA scores are meant to shine a highlight on the nation’s great wealth managers and raise requirements inside the industry. Firms that want to be ranked fill out a 102-question survey about their exercise. Barron’s verifies that statistics and applies its ratings formula to the records to generate a rating, based totally on property, sales and first-rate of exercise. For greater facts, see Barron’s technique. The CNBC FA one hundred recognizes those advisory companies that fine assist clients navigate their financial lives. The methodology for the 2021 edition of CNBC’s annual FA a hundred ranking of registered funding advisors turned into prepared in partnership with statistics company AccuPoint Solutions. A variety of middle information factors from AccuPoint Solutions’ database of RIAs were analyzed, starting from the firm’s compliance file and years in enterprise to general money owed and belongings under management. For more statistics, go to CNBC.

This press release contains forward-looking statements concerning anticipated future events, results, circumstances, performance or expectations with respect to CI Financial Corp. (“CI”) and its products and services, including its business operations, strategy and financial performance and condition. Forward-looking statements are typically identified by words such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and similar references to future periods, or conditional verbs such as “will”, “may”, “should”, “could” or “would”. These statements are not historical facts but instead represent management beliefs regarding future events, many of which by their nature are inherently uncertain and beyond management’s control. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements involve risks and uncertainties.

The cloth elements and assumptions carried out in achieving the conclusions contained in these ahead-searching statements include that the acquisitions of Gofen, R.H. Bluestein & Co. And McCutchen Group LLC will be completed and their asset degrees will remain strong, that the funding fund industry will stay strong and that hobby quotes will remain quite stable. Factors that might reason real effects to vary materially from expectancies encompass, amongst other things, trendy financial and market conditions, which include hobby and forex charges, worldwide monetary markets, modifications in government rules or in tax legal guidelines, industry opposition, technological tendencies and different elements defined or mentioned in CI’s disclosure materials filed with applicable securities regulatory authorities now and again. The foregoing list is not exhaustive and the reader is cautioned to consider those and other factors carefully and now not to place undue reliance on ahead-looking statements. Other than as specifically required through relevant regulation, CI undertakes no responsibility to replace or modify any forward-searching statement after the date on which it is made, whether to reflect new facts, destiny activities or otherwise.