CI Financial to acquire a majority stake in RGT Wealth Advisors.

CI Financial, a diversified global asset and wealth management company, agreed to acquire a majority stake in RGT Wealth Advisors, a Dallas-based registered investment advisor with approximately $4.7bn in wealth assets. Financial terms were not disclosed. "RGT is one of the leading RIA firms in the U.S. and we are excited and honored that they will be joining CI Financial. RGT, our largest U.S. acquisition by assets to date, is a growing firm with an exceptional team, strong leadership and well-developed expertise attuned to the needs of their clients," Kurt MacAlpine, CI Chief Executive Officer.