In simply two years, Toronto-based
CI Monetary
has assembled, by way of acquisition, a $115 billion-asset unbiased RIA empire within the U.S. Within the course of, it’s drawn the ire of rivals who say CI has overpaid to take elite companies off the market.
CEO Kurt MacAlpine isn’t having it. “I discover it fascinating that individuals wish to opine on the acquisition costs that CI has paid for a enterprise absent any form of info in anyway,” he says.
In a wide-ranging interview, the native of Saint John, New Brunswick, says that CI’s RIA acquisitions, 23 to this point, have