CI Financial Strikes Again, Acquires $5.2B Silicon Valley Wealth Manager

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CI Financial‘s U.S. shopping spree continues. The Canadian asset and wealth management firm is acquiring Portola Partners, a Silicon Valley registered investment advisor firm that manages $5.2 billion in assets.

The acquisition marks CI Financial’s 21st (including subacquisitions) since it launched an aggressive U.S. expansion less than two years ago, but Menlo Park, Calif.-based Portola is CI’s first in the San Francisco Bay area.


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