The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sat., Sep. 19, 7:38 AM

Slide #9. CI Financial Corp. Balasa Dinverno Foltz LLC

Acquirer: CI Financial Corp. (TSE:CIX.CA)
Acquiree: Balasa Dinverno Foltz LLC
Details: CI Financial Corp. ("CI") (TSX: CIX) announced today it has completed the acquisition of Balasa Dinverno Foltz LLC ("BDF") of Itasca, Illinois, a highly regarded private wealth management firm with US$4.5 billion in assets as at August 31, 2020.

CI Financial is a wealth management firm and an independent investment fund company. The principal business of Co. is the management, marketing, distribution and administration of mutual funds, segregated funds, exchange-traded funds, structured products and other investment products for investors. Co. has two main business segments: Asset Management, which is engaged in the management of families of mutual, segregated, pooled, exchangetraded, and closed-end funds, structured products and discretionary accounts; and Asset Administration, which is engaged in the sale of mutual funds and other financial products, and ongoing service to clients and capital market activities.

Open the CIX.CA Page at The Online Investor »

Company Name: 
CI Financial Corp
Website: 
www.cifinancial.com
Sector: 
Investment Companies & Venture Capital
Number of ETFs Holding CIX.CA: 
2
Total Market Value Held by ETFs: 
$1.81M
Total Market Capitalization: 
$5.11B
% of Market Cap. Held by ETFs: 
0.04%
 

Open the CIX.CA Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes


Mergers & Acquisitions Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.