Canaccord Genuity Wealth Management has hired Adam Ross and Rob Horan within its portfolio management team as investment director and associate director, respectively, in London.

Canaccord Genuity Wealth Management has hired Adam Ross and Rob Horan within its portfolio management team as investment director and associate director, respectively, in London.

Both Ross and Horan will report to Duncan Stratford, investment director of the portfolio management team.

Ross will manage portfolios and advise private clients on investment opportunities. He spent the past 18 months as a private wealth director with family office jonathanfry, and before that he was a vice president and investment advisor at Morgan Stanley Private Wealth Management - advising ultra high net worth individuals and family offices.

Meanwhile, Horan will manage portfolios and advise senior executives on employee share schemes. He joins from Killik & Co, where he held a similar role for over five years, and he has also worked at BDO Investment Management.

In February the company's wealth management business in the UK and Europe ended 2013 with record-breaking revenues of £14.9 million ($24.3 million).

However, its North American wealth management arm results were poor. It generated £15.3 million ($25 million) in revenue but after inter-segment allocations it recorded a net loss of £2.6 million ($4.2 million) before tax in the third quarter.

In the UK and Europe the firm manages £10 billion of assets.