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CIXX - CI Financial reports 7.7% Y/Y growth in February prelim AUM
CI Financial Corp.
CI Financial ([[CIXX]] +0.3%) reported prelim AUM of $136.4B (+1.6% M/M and 7.7% Y/Y) and wealth management assets of $100B (+2.5% M/M, +101.6% Y/Y), for total assets of $236.5B, as of Feb.28, 2021.The Y/Y change is led by strong organic growth and acquisitions made to expand its wealth management platform in Canada and the U.S.Canadian wealth management assets at $69.5B (+2.7% M/M, +41.5% Y/Y); U.S. wealth management assets grew 2.3% M/M to $30.5B.