All financial amounts in Canadian dollars unless stated otherwise.
CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $389.4 billion as at February 28, 2023, consisting of asset management assets of $121.9 billion, Canadian wealth management assets of $81.1 billion, and U.S. wealth management assets of $186.4 billion.
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CI FINANCIAL CORP.
February 28, 2023
PRELIMINARY MONTH-END ASSETS (C$ Billions)
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ENDING ASSETS
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February
2023
|
January
2023
|
% Change
|
February
2022
|
% Change
|
|
Asset management (1)
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$121.9
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$123.4
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-1.2%
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$136.7
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-10.8%
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Canada wealth management
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$81.1
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$81.4
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-0.4%
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$78.5
|
3.3%
|
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U.S. wealth management (2)
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$186.4
|
$185.1
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0.7%
|
$146.2
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27.5%
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TOTAL ASSETS
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$389.4
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$390.0
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-0.2%
|
$361.4
|
7.7%
|
|
|
|
|
|
|
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ASSET MANAGEMENT – AVERAGE AUM
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February
2022
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January
2023
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December
2022
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Fiscal
2022
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% Change
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|
Monthly average
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$123.1
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$121.5
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-
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-
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1.3%
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Quarter-to-date average
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$122.3
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-
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$117.7
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-
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3.9%
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Year-to-date average
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$122.3
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-
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-
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$125.0
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-2.2%
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- Includes $32.9 billion of assets managed by CI and held by clients of advisors with Assante, CIPC and Aligned Capital as at February 28, 2023 ($33.4 billion at January 31, 2023 and $34.7 billion at February 28, 2022).
- Month-end USD/CAD exchange rates of 1.3645, 1.3305 and 1.2675 for February 2023, January 2023 and February 2022, respectively.
About CI Financial
CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. Founded in 1965, CI has developed world-class portfolio management talent, extensive capabilities in all aspects of wealth planning, and a comprehensive product suite.
CI operates in three segments:
- Asset Management, which includes the operations of CI Global Asset Management and Australia-based GSFM Pty Ltd.
- Canadian Wealth Management, which includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth (Canada), Northwood Family Office, CI Direct Investing and CI Investment Services.
- U.S. Wealth Management, which includes CI Private Wealth US, a national network of best-in-class wealth management teams.
CI is headquartered in Toronto and listed on the Toronto Stock Exchange (TSX: CIX). To learn more, visit CI’s website or LinkedIn page.
CI Global Asset Management is a registered business name of CI Investments Inc., a wholly owned subsidiary of CI Financial Corp.
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