trending Market Intelligence /marketintelligence/en/news-insights/trending/rOj21yypKbKxBqlCzb7lqA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

CI Financial to acquire majority stake in One Capital Management

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

CI Financial to acquire majority stake in One Capital Management

Toronto-based CI Financial Corp. agreed to acquire a majority stake in Westlake Village, Calif.-based One Capital Management LLC, a registered investment adviser managing $1.6 billion in client assets.

Terms of the deal were not disclosed.

One Capital is a wealth management company with cross-border servicing capabilities that CI Financial will make available to clients that have their primary financial relationship with CI Financial's wealth management companies. CI Financial's wealth management business had C$180 billion in fee-earning assets as of Nov. 30, according to a news release.

This is the second deal that is part of CI Financial's initiative to build a significant and growing presence in the U.S. registered investment adviser market.

The transaction is expected to close in the first quarter of 2020.