Q3 2023 CI Financial Corp Earnings Call Transcript

Nov 09, 2023 / 02:00PM GMT
Operator

Good morning. Thank you for attending today's CI Financial Third Quarter 2023 Earnings Call. My name is Megan, and I'll be your moderator for today's call. (Operator Instructions) I would now like to pass the conference over to Kurt MacAlpine, CEO of CI Financial.

Kurt MacAlpine - CI Financial Corp. - CEO & Director

Good morning, everyone, and welcome to CI Financial's Third Quarter Earnings Call. Joining me is our CFO, Amit Muni. Together, we will cover the following: an overview of the highlights of the quarter, a review of our financial performance during the quarter, a discussion on some of the key fundamental drivers of our business, then we'll take your questions.

Our adjusted EPS of $0.81 is up 7% sequentially, reflecting the growth of our U.S. Wealth Business, growing contributions from our Canadian Wealth Management business and the benefits from the capital, we deployed following the sale of a minority stake in our U.S. business. This growth was partially offset by a higher noncontrolling interest.

Adjusted EBITDA per share

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