Canaccord Financial Inc. (‘Canaccord’, ‘the Company’) is pleased to announce that its global wealth management division has been rebranded Canaccord Genuity Wealth Management. Accordingly, the Company’s wealth management businesses in Jersey, the UK and other offshore locations, previously known as Collins Stewart Wealth Management, are now known as Canaccord Genuity Wealth Management.
As a result of this initiative, the Company’s wealth management operations in the UK, the Channel Islands, the Isle of Man, Switzerland, Canada and Australia now share the same brand.
In the UK and Europe, Canaccord Genuity Wealth Management has six locations, providing onshore and offshore wealth management services to individual investors, charities and institutions. The Company’s investment professionals and portfolio managers in the region are entrusted to oversee £10 billion of client assets. On a global basis, Canaccord Genuity Wealth Management manages and administers approximately £17 billion (C$27 billion) of client assets.
“Today marks a significant milestone for the firm, as we go to market under a unified global wealth management brand,” noted Paul Reynolds, President and CEO of Canaccord Financial Inc. “The global reach of our business provides clients with seamless access to international products and services that we believe can provide investors with enhanced opportunities to generate greater returns. We put our clients at the centre of all our services, and we recognize their needs will become increasingly global in nature.”
Grahame Lovett, Chief Executive of Canaccord Genuity Wealth Management, Offshore and head of the Jersey office, added: “This brand change has been known to our clients for the past year and we believe that they will increasingly benefit from enhanced exposure and access to a global offering. We’re committed to providing best-in-class financial solutions to our clients, through investment opportunities available both domestically and abroad.”
In addition to extensive wealth management services catering to the needs of offshore investors, clients of Canaccord Genuity Wealth Management benefit from access to global investment opportunities and insight from the Company’s global research capabilities.
In the last two years Canaccord has grown its wealth management platform into new markets. Today, the Company has formed an integrated global wealth management division that includes businesses previously known as:
• Collins Stewart Wealth Management (UK and Europe)
• the wealth management business of Eden Financial (UK)
• Canaccord Wealth Management (Canada)
• BGF Equities (Australia)
This branding initiative culminates the global integration of all wealth management businesses on Canaccord’s platform. The name Canaccord Genuity Wealth Management also better aligns the division with the brand of Canaccord Genuity, the Company’s investment banking and capital markets division.
Category: Finance & Business