Announced

CI Financial to acquire Doyle Wealth Management for $1.1bn.

Synopsis

CI Financial, an asset manager, agreed to acquire Doyle Wealth Management, an investment advisory firm, for $1.1bn. “We’re thrilled to have the backing of a company like CI, with its deep expertise in both asset and wealth management and long-term commitment to the wealth business and to our firm. This partnership will allow us to expand the depth of our service offering and improve all aspects of our operations – leading to an enhanced experience for our clients. Joining with CI will advance the development of our firm, benefiting our clients and providing new opportunities for our employees,” Robert Doyle, DWM President and Chief Investment Officer.

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