CI Financial Q3 net income up

CI Financial Corp, a provider of wealth management services, has reported a net income of C$91.29 million, or C$0.32 per diluted share, for the third quarter ended September 30, 2012, compared to C$90.78 million, or C$0.31 per diluted share, for the same quarter ended September 30, 2011.

Total revenue for the third quarter ended September 30, 2012 was C$361.49 million, compared to C$367.38 million for the same quarter ended September 30, 2011.

Net income for the nine months ended September 30, 2012 was C$257.19 million, or C$0.91 per diluted share, compared to C$289.13 million, or C$1 per diluted share, for the same period ended September 30, 2011.

Total revenue for the nine months ended September 30, 2012 was C$1.09 billion, compared to C$1.14 billion for the same period ended September 30, 2011.