Wealth management technology enables wealth firms to provide enhanced services leading to outsized growth. In recognizing the value of CapIntel’s sophisticated platform, CI Global Asset Management continues to keep a pulse on leading FinTech.
TORONTO–(BUSINESS WIRE)–CapIntel, a leading financial technology company that improves day-to-day workflow efficiency and fund analysis for financial advisors, today announced a new user agreement with CI Global Asset Management (“CI GAM”), one of Canada’s largest investment management companies. This relationship demonstrates CI GAM’s commitment to innovation and relentless effort to respond to the changing needs and expectations within the wealth management industry.
CI GAM offers a comprehensive selection of investment solutions, including mutual funds, exchange-traded funds, segregated funds, alternative investments, and partners with financial advisors to serve approximately 1.4 million investors across Canada. CapIntel’s platform will enhance the ability of CI GAM’s wholesalers to continue to provide great options and superior service to advisors and their clients.
“A key part of our strategy is to embed technology into everything we do, to enhance the support and service we provide to our advisor clients and to increase efficiency,” said Roy Ratnavel, Executive Vice-President and Head of Distribution for CI GAM. ”CapIntel’s solution allows our sales team to provide customized, value-added support to advisors’ practices through a streamlined, seamless process. It’s especially valuable in helping advisors adapt to the new know-your-product requirements of the client-focused reforms.”
With CapIntel’s proprietary technology, CI GAM’s wholesaler team will experience improved efficiency accessing fund comparison and analysis tools to prepare personalized proposals and present clear recommendations to current and prospective clients.
“Since first meeting in 2019, we’ve admired CI GAM’s continuous drive to improve and their leadership in using technology to advance their sales and marketing processes,” said James Rockwood, CEO of CapIntel. “As CI GAM is one of Canada’s leading investment management companies, this agreement is a milestone moment for CapIntel, not to mention an excellent illustration of the importance of long-term relationships with our industry peers.”
CI Global Asset Management joins CapIntel’s impressive roster of North American wealth-tech firms, such as IG Wealth Management, Canada Life, Equitable Life and Gryphin Advantage, demonstrating the growing need for the wealth management industry to seek out and embrace digital solutions.
CapIntel is a Toronto-based financial technology company leading the way in developing intuitive, web-based applications for financial professionals. CapIntel is on a mission to elevate personal finance, and a significant part of this means growing wealth through investments. CapIntel’s platform helps financial advisors provide better service to their clients so they can get a better understanding of their investments and feel at ease knowing their future is secured. With over 10,000 advisors and 3 of the 5 Big Banks in Canada on their platform, CapIntel is transforming the advisor-client experience.
About CI Global Asset Management
CI Global Asset Management is one of Canada’s largest investment management companies. It offers a wide range of investment products and services and is on the Web at www.ci.com. CI Global Asset Management is a subsidiary of CI Financial Corp. (TSX: CIX, NYSE: CIXX), an integrated global asset and wealth management company with approximately $369.8 billion in assets as of March 31, 2022.
This document contains forward-looking statements concerning anticipated future events, results, circumstances, performance or expectations with respect to CI Financial Corp. (“CI”) and its products and services, including its business operations, strategy and financial performance and condition. Forward-looking statements are typically identified by words such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and similar references to future periods, or conditional verbs such as “will”, “may”, “should”, “could” or “would”. These statements are not historical facts but instead represent management beliefs regarding future events, many of which by their nature are inherently uncertain and beyond management’s control. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements involve risks and uncertainties. The material factors and assumptions applied in reaching the conclusions contained in these forward-looking statements include that all announced transactions will be completed and that assets levels do not decline prior to completion, the investment fund industry will remain stable and that interest rates will remain relatively stable. Factors that could cause actual results to differ materially from expectations include, among other things, general economic and market conditions, including interest and foreign exchange rates, global financial markets, changes in government regulations or in tax laws, industry competition, technological developments and other factors described or discussed in CI’s disclosure materials filed with applicable securities regulatory authorities from time to time. The foregoing list is not exhaustive and the reader is cautioned to consider these and other factors carefully and not to place undue reliance on forward-looking statements. Other than as specifically required by applicable law, CI undertakes no obligation to update or alter any forward-looking statement after the date on which it is made, whether to reflect new information, future events or otherwise. CI Global Asset Management is a registered business name of CI Investments Inc.
For CapIntel: Katie Schiefer, 647-207-7797, firstname.lastname@example.org