All financial amounts in Canadian dollars unless stated otherwise.
CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $394.9 billion as at April 30, 2023, a record for CI. The total consisted of asset management assets of $123.4 billion, Canadian wealth management assets of $82.6 billion, and U.S. wealth management assets of $188.9 billion.
|
CI FINANCIAL CORP.
April 30, 2023
PRELIMINARY MONTH-END ASSETS (C$ Billions)
|
|
ENDING ASSETS
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April
2023
|
March
2023
|
% Change
|
April
2022
|
% Change
|
|
Asset management (1)
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$123.4
|
$122.0
|
1.1%
|
$128.4
|
-3.9%
|
|
Canada wealth management
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$82.6
|
$81.6
|
1.2%
|
$78.3
|
5.5%
|
|
U.S. wealth management (2)
|
$188.9
|
$187.5
|
0.7%
|
$149.3
|
26.5%
|
|
TOTAL ASSETS
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$394.9
|
$391.1
|
1.0%
|
$356.0
|
10.9%
|
|
ASSET MANAGEMENT – AVERAGE AUM
|
April
2023
|
March
2023
|
March
2023
|
Fiscal
2022
|
% Change
|
|
Monthly average
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$122.6
|
$121.2
|
-
|
-
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1.2%
|
|
Quarter-to-date average
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$122.6
|
-
|
$121.9
|
-
|
0.6%
|
|
Year-to-date average
|
$122.1
|
-
|
-
|
$125.0
|
-2.3%
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- Includes $33.2 billion of assets managed by CI and held by clients of advisors with Assante, CIPC and Aligned Capital as at April 30, 2023 ($33.0 billion at March 31, 2023 and $33.0 billion at April 30, 2022).
- Month-end USD/CAD exchange rates of 1.3548, 1.3515 and 1.2848 for April 2023, March 2023 and April 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 CI Global Asset Management, which operates in Canada, and GSFM Pty Ltd., which operates in Australia.
- 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 (U.S.), an integrated wealth management firm providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States.
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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