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Announced

Completed

CI Financial completed the acquisition of Radnor Financial Advisors.

Synopsis

CI Financial, a global asset management firm, completed the acquisition of Radnor Financial Advisors, a wealth and investment management firm serving primarily high-net-worth families in the Greater Philadelphia region. Emigrant Partners, a minority shareholder in Radnor, exited its investment. Financial terms were not disclosed. “We’re excited to continue expanding and enriching our U.S. network with high-quality RIAs like Radnor. Adding such an experienced firm furthers our goal of building the leading wealth management platform in the United States. With a team of industry veterans dedicated to high-caliber client service, Radnor is an exemplary RIA and we’re proud to welcome them to CI," Kurt MacAlpine, CI CEO.

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