CI Financial picks off another 'Blind Squirrel' to push AUM to $105 billion as the RIA deal market stays nuts
The top-dollar-paying Toronto titan swept the $6-billion AUM RegentAtlantic off its feet at a size where it seems to have few rivals.
Author Brooke Southall
December 7, 2021 at 4:16 PM
With RIA valuations ticking down and successions ticking up, Focus Financial deep sixes 'drunken sailor' pause, forgoes buyback plan and adds a CEO
CEO Rudy Adolf sees a 'softening' in multiples after a couple of frothy years when CI Financial dominated headlines and big RIA deals