10 Aug 2023
CI Financial to acquire Montreal-based wealth manager Coriel Capital
CI Financial Corp. agreed to acquire Coriel Capital Inc., a Montreal-based wealth management firm that caters to ultra-high-net-worth families.
As of June 30, 2023, Coriel, a firm founded and led by women, manages approximately $1.3 billion in client assets.
The transaction is expected to close in the fourth quarter of 2023.
