CI Financial’s AUM grows 15.2% year over year

CI Financial Corp. reported preliminary assets under management (AUM) as of March 31, 2018, of $139.1 billion and total assets of $181.4 billion.

AUM increased by $18.4 billion or 15.2% year over year. AUM decreased, however, by 1.2% in March. CI’s total assets rose by $21 billion or 13.1% in the 12-month period, and decreased by 1.2% in March.

The firm’s average AUM for Q1 2018 was $141.9 billion—a decrease of 0.4% from Q4 2017 but an increase of $15.6 billion or 12.4% from the average for fiscal 2017.

CI reported assets under advisement at Assante Wealth Management (Canada) Ltd. and Stonegate Private Counsel of $42.3 billion at March 31, 2018, representing an increase of $2.6 billion or 6.5% year over year.

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