CI Financial, an independent company offering global asset management and wealth management advisory services, agreed to acquire Bowling Portfolio Management, a provider of customized financial planning and investment management services to high-net-worth clients. Financial terms were not disclosed. "Bowling has outstanding leadership and a team whose investment expertise and service excellence have earned the loyalty of generations of clients. The acquisition of Bowling gives us a presence in Cincinnati, a strategically important business hub, and expands our business in the region. With our recent acquisition of Balasa Dinverno Foltz of Itasca, Illinois, our CI Private Wealth companies will be managing approximately $5bn of high-net-worth assets in the Midwest," Kurt MacAlpine, CI CEO.