Six years ago we brought on a valuable partner in Cidel. At that time Cidel acquired a majority interest in our firm and immediately became an integral part of Toron AMI, helping us grow and deliver on our promise to our clients.

We are very proud to announce that as of the end of October, the partners of Toron AMI have exchanged their shares in Toron AMI for shares in Cidel. Some of our partners also took the opportunity to increase their level of shareholdings – a strong vote of confidence in our future.

For our firm, this event marks an important step in our plan to become a leading international investment manager and private bank. For our clients, it means we will continue to offer top tier investment solutions and superior counselling by our highly qualified team. In days coming, the portfolio management team from Cidel will be integrated with the existing Toron AMI team under my leadership, deepening our investment management capabilities for all our clients. In time, our extended partnership will provide the added benefit of Cidel’s global private banking services.

Nothing will change in our clients’ interactions with portfolio managers and in the way we manage portfolios. Clients can expect the same level of personal service experienced over the years with Toron AMI.

For me, and for all of us at Toron AMI, this is an exciting development as our firm evolves in the spirit of partnership. We are dedicated to providing exceptional professional talent to serve our clients for many years to come.

Arthur Heinmaa

Chief Executive Officer & Chief Investment Officer

Toronto Asset Management International | Cidel Financial Group