CI Financial completed the acquisition of the remaining 25% stake in WealthBar Financial Services.

CI Financial, a wealth management firm, completed the acquisition of the remaining 25% stake in WealthBar Financial Services, an online investment and financial planning firm. Financial terms were not disclosed. "WealthBar and Virtual Brokers have posted strong growth and these changes will set the stage for further success. The unified CI Direct Investing brand will be consistent with the new branding strategy for CI Financial, making it clear that these platforms are part of a large, integrated asset and wealth management company," Kurt MacAlpine, CI CEO.