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CI Financial Reports Record Financial Results for the Third Quarter of 2021 • Record quarterly adjusted EPS¹ of $ 0.80 ; basic EPS at $ 0.22 • Record adjusted EBITDA¹ per share of $ 1.30 ; EBITDA per share of $ 0.71 • • • • • • • Record total assets of $ 320.4 billion , an increase of $ 126.0 billion or 65 % year over year Asset management net sales of $ 821 million at highest level since Q2-2015 Acquired two U.S. private wealth firms , Portola Partners and Radnor Financial Advisors , adding $ 10.1 billion and increasing U.S. assets to $ 97.0 billion Following quarter - end , completed acquisition of Budros , Ruhlin & Roe and agreed to acquire McCutchen Group , R.H. Bluestein , Gofen and Glossberg , and GLAS Funds , boosting U.S. assets to $ 122.3 billion ( US $ 98.7 billion ) Continued asset management modernization by launching new products focused on high - growth sectors Repurchased 4.1 million shares for $ 99.7 million Paid quarterly dividend of $ 0.18 a share , totalling $ 36.2 million All financial amounts in Canadian dollars as at September 30 , 2021 , unless stated otherwise . TORONTO -- ( BUSINESS WIRE ) -- November 11 , 2021 -- CI Financial Corp. ( “ CI ” ) ( TSX : CIX , NYSE : CIXX ) today released record financial results for the quarter ended September 30 , 2021 . " It was another record financial quarter for CI and included a new all - time high for asset levels and the best net flows in our asset management business in over six years – reflecting the successful ongoing transformation of our company , ” said Kurt Mac Alpine , CI Chief Executive Officer . " CI is $ 126 billion larger , much more diversified by business line , geography , and product category and more competitive than it was just one year ago . “ In U.S. wealth management , we are seeing many of the country's largest and most successful registered investment advisors choosing to join CI , attracted by the exceptional businesses we have in place and our vision for a national platform . These include firms dedicated to serving high - net - worth and ultra - high - net - worth individuals and families across the U.S. Including all recently announced transactions , our U.S. wealth business will exceed US $ 98 billion , up from zero at the start of 2020 . “ In asset management , our flows continue to strengthen , with net sales of $ 821 million representing a major turnaround from a year earlier , ” Mr. MacAlpine said . “ We believe this success stems from the execution of our strategy to modernize this business , which has included integrating our boutique portfolio management teams into a single global investment platform , hiring our first - ever head of investment management , Marc - André Lewis , to lead that team , and the reorganization of our sales and marketing function supported by the adoption of advanced analytics . " Additionally , we have launched a series of timely new products that have resonated with advisors and investors and attracted considerable assets . In the third quarter , we were very active