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Deals Of The Day: The Latest In Wealth Management M&A – Canaccord Genuity

Editorial Staff 7 October 2024

Deals Of The Day: The Latest In Wealth Management M&A – Canaccord Genuity

The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Canaccord Genuity
Canada-headquartered financial services firm Canaccord Genuity – through its wealth management business in the UK and Crown Dependencies (CGWM UK) â€“ has completed its purchase of Cantab Asset Management, a chartered, independent financial planning business headquartered in Cambridge, UK.

The transaction consolidates CGWM UK's position. The investment professionals and support staff of Cantab will continue in their existing roles and will be supported in directly managing their client relationships. The professionals and clients of Cantab will also benefit from access to the range of additional resources and thought leadership provided by CGWM UK and the firm's broader global platform.

"The Cantab integration extends our reach into the east of England and further strengthens our financial planning capability. Adding talented financial planning professionals who share our philosophy is central to our ambitious growth strategy and we are excited to welcome our new colleagues to Canaccord," David Esfandi, CEO, Canaccord Genuity Wealth Management, said,

The firm has wealth management offices in Canada, the UK, Guernsey, Jersey, the Isle of Man and Australia. The Company's international capital markets division operates in North America, the UK and Europe, Asia, and Australia.

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