RiverFront Investment Group Awarded International Contract with CIBC Asset Management
RICHMOND, Va., Oct. 22, 2014 /PRNewswire/ -- RiverFront Investment Group, LLC, a Richmond, Virginia-based registered investment advisor managing approximately $4.7 billion in assets, has signed an arrangement to provide managed ETF portfolios to CIBC Asset Management. CIBC Asset Management, a division of Canadian Imperial Bank of Commerce, recently approved RiverFront to provide money management services for its clients through its Wood Gundy Investment Advisors division. This agreement marks RiverFront's first working partnership with an international financial institution's consulting platform.
Michael Jones, Chairman & Chief Investment Officer at RiverFront Investment Group added, "CIBC Asset Management and Wood Gundy Investment Advisors are well known for their commitment to their clients and innovative pursuit of the best investment solutions in the marketplace. We are honored to be selected and excited about our partnership with CIBC. We look forward to achieving great things together."
About RiverFront Investment Group
RiverFront Investment Group, LLC is an independent SEC-registered investment advisor located in Richmond, Virginia. Majority owned by its employees, the firm provides asset management, investment advice, and leading edge market insights. For more information about RiverFront, please visit www.riverfrontig.com.
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SOURCE RiverFront Investment Group, LLC
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