CI Financial Overview
- Year Founded
-
1965
- Status
-
Public
- Employees
-
2,781
- Stock Symbol
-
CIX
- Investments
-
62
- Share Price
-
$22.11
- (As of Friday Closing)
CI Financial General Information
Description
CI Financial is a provider of asset- and wealth-management products and services. The company has a decent share in the Canadian fund market (fifth behind Royal Bank of Canada, Toronto-Dominion, IGM Financial, and Fidelity at the end of last year) and remains the second-largest non-bank-affiliated asset manager in the Canadian market, with CAD 135.4 billion in assets under management (including CAD 36.0 billion in AUM managed for its CI Assante Wealth Management, CI Private Counsel, and Aligned Capital Partners subsidiaries) at the end of September. The firm also had CAD 350.7 billion in assets under advisement (including CAD 250.6 billion from its US wealth-management operations and CAD 100.1 billion from its Canadian wealth-management partners) and CAD 31.9 billion in custody assets.
Contact Information
Website
www.cifinancial.comCorporate Office
- 15 York Street
- Second Floor
- Toronto, Ontario M5J 0A3
- Canada
Corporate Office
- 15 York Street
- Second Floor
- Toronto, Ontario M5J 0A3
- Canada
CI Financial Timeline
CI Financial Stock Performance
As of 14-Feb-2025, CI Financial’s stock price is $22.11. Its current market cap is $3.19B with 144M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $22.11 | $21.89 | $10.12 - $22.54 | $3.19B | 144M | 828K | -$0.32 |
CI Financial Financials Summary
As of 30-Sep-2024, CI Financial has a trailing 12-month revenue of $2.42B.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 4,786,930 | 4,107,615 | 4,679,418 | 6,262,951 |
| Revenue | 2,416,189 | 2,283,460 | 2,241,734 | 2,174,223 |
| EBITDA | 365,851 | 381,892 | 601,263 | 631,967 |
| Net Income | (50,790) | 3,716 | 230,064 | 326,348 |
| Total Assets | 7,644,170 | 7,524,199 | 7,153,226 | 6,791,698 |
| Total Debt | 3,019,721 | 2,872,028 | 3,234,282 | 3,097,829 |
CI Financial Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
CI Financial Comparisons
Industry
Financing
Details
CI Financial Competitors (22)
One of CI Financial’s 22 competitors is GAMCO Investors, a Corporation company based in Greenwich, CT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| GAMCO Investors | Corporation | Greenwich, CT | ||||
| Franklin Templeton | Corporation | San Mateo, CA | ||||
| Broadridge Financial Solutions | Corporation | New York, NY | ||||
| Sidoti & Company | Angel-Backed | New York, NY | ||||
| Moelis & Company | Corporation | New York, NY |
CI Financial Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
CI Financial Investments & Acquisitions (62)
CI Financial’s most recent deal was a Corporate Asset Purchase with Laurentian Bank Securities ($250 Million Assets Under Administration of Discount Brokerage Division). The deal was made on 12-Aug-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Laurentian Bank Securities ($250 Million Assets Under Administration of Discount Brokerage Division) | 12-Aug-2024 | Corporate Asset Purchase | Buildings and Property | ||
| Coriel Capital | 01-Nov-2023 | Merger/Acquisition | Asset Management | ||
| d1g1t | 27-Sep-2023 | Later Stage VC | Financial Software | ||
| Intercontinental Wealth Advisors | 01-Jul-2023 | Merger/Acquisition | Other Financial Services | ||
| La Ferla Group | 01-Jun-2023 | Merger/Acquisition | Other Financial Services |
CI Financial ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
25.82 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,120
Rank
Percentile
Diversified Financials
Industry
of 877
Rank
Percentile
Asset Management and Custody Services
Subindustry
of 405
Rank
Percentile
CI Financial Exits (9)
CI Financial’s most recent exit was on 26-May-2020 from CW Advisors. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| CW Advisors | 26-May-2020 | Completed |
|
||
| One Capital Management | 06-May-2020 | Completed |
|
||
| Lendified | 17-Apr-2019 | Completed |
|
||
| Perimeter Markets | 10-Mar-2009 | Completed |
|
||
| Blackmont Capital | 04-Apr-2007 | Merger/Acquisition | Completed |
Affiliates
Subsidiaries (15)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Corient Private Wealth | Miami, FL | 2022 | |
| Columbia Pacific Wealth Management | Seattle, WA | 2011 | |
| Perimeter Financial Corp | Toronto, Canada | 2009 | |
| Coriel Capital | Montreal, Canada | 2006 | |
| Assante Wealth Management (Canada) | Toronto, Canada | 2006 |
CI Financial FAQs
-
When was CI Financial founded?
CI Financial was founded in 1965.
-
Where is CI Financial headquartered?
CI Financial is headquartered in Toronto, Canada.
-
What is the size of CI Financial?
CI Financial has 2,781 total employees.
-
What industry is CI Financial in?
CI Financial’s primary industry is Other Financial Services.
-
Is CI Financial a private or public company?
CI Financial is a Public company.
-
What is CI Financial’s stock symbol?
The ticker symbol for CI Financial is CIX.
-
What is the current stock price of CI Financial?
As of 14-Feb-2025 the stock price of CI Financial is $22.11.
-
What is the current market cap of CI Financial?
The current market capitalization of CI Financial is $3.19B.
-
What is CI Financial’s current revenue?
The trailing twelve month revenue for CI Financial is $2.42B.
-
Who are CI Financial’s competitors?
GAMCO Investors, Franklin Templeton, Broadridge Financial Solutions, Sidoti & Company, and Moelis & Company are some of the 22 competitors of CI Financial.
-
What is CI Financial’s annual earnings per share (EPS)?
CI Financial’s EPS for 12 months was -$0.32.
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