10:54 AM EST - CI Financial Corp. : And Bowling Portfolio Management LLC of Cincinnati, Ohio , announced an agreement today under which CI will acquire full ownership of Bowling, a woman-owned registered investment advisory firm with $450 million U.S. in assets under management. Bowling represents CI's sixth direct registered investment advisor ("RIA") transaction this year and ninth overall (including acquisitions by affiliated RIAs), making CI one of the fastest-growing RIA platforms in the United States . When all pending transactions close, CI will hold interests in wealth management firms across the U.S. with combined assets of approximately $11.5 billion U.S. (based on assets as of August 31, 2020. CI Financial Corp.
shares T.CIX are trading down $0.60 at $17.44.
