Q2 2023 CI Financial Corp Earnings Call Transcript
Good morning, and welcome to the CI Financial Second Quarter 2023 Earnings Call. My name is Carla, and I will be the operator of today's call. (Operator Instructions) I would now like to pass the conference over to our host, Kurt MacAlpine, CEO of CI Financial, to begin. Kurt, please go ahead when you're ready.
Good morning, everyone, and welcome to CI Financial's second quarter earnings call.
Joining me this morning 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 of several strategic actions recently taken, then we will take your questions.
Our adjusted EPS of $0.76 a share is up 3% sequentially, reflecting growth in our U.S. Wealth business, disciplined discretionary expense management and the benefits from capital deployed during the quarter, partially offset by pressure from asset mix shift and higher noncontrolling interest resulting from our minority
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