“CI” in CI Direct Investing is the abbreviation of “Canada’s investments”. CI Direct Investing formerly known as Wealthbar is the robot advisory platform wing of CI Financial.
What is CI Direct Investing?
CI Direct investing is a robot advisory platform that offers default investment portfolios based on your investment goals, needs, investment timeframe and mainly risk appetite. You can open both non-registered accounts and registered accounts such as TFSA, RRSP, RESP, LIRA, RRIF etc, using this platform. Individuals, charitable organisations, and Trusts can open an account with CI Direct Investing. The minimum balance you need to open a CI Direct investing account is $1,000.
Portfolios offered by CI Direct Investing Platform
What does CI stand for in CI Investing?
CI in CI Direct Investing means “Canada’s Investment” and all the organisations that are branches of CI Financial has CI in their registration name, be it CI Global asset management or CI Assante wealth or CI investment services or CI private wealth. CI Financial acquired WealthBar in the year 2020. Thus, the main aim of CI Direct Investing to offer professional investment management services without the high adviser fees is achieved through default portfolios.