Canadian-headquartered Canaccord Genuity Wealth Management makes a step to enhance its foothold in the intermediary market with the hire of a head of intermediary sales.

Canadian-headquartered Canaccord Genuity Wealth Management has made a step to enhance its foothold in the intermediary market with the hire of a head of intermediary sales.

Starting immediately in this newly-created role, Sean Taylor joins the firm from UBS Wealth Management where he served as head of its UK strategic partnership group. Prior to this, he headed Deutsche Asset & Wealth Management’s financial intermediary team in the UK.

Taylor will report to CGWM's chief executive, David Esfandi and will be based in the firm's London office. He will head up the intermediary sales team, working with the firm’s strategic partners and building new business relationships, ensuring its full proposition is brought to the intermediary community, a spokesperson told this publication.

CGWM recently enjoyed a surge in assets under management during the first two fiscal quarters of 2014 . In the six months ending  30 September 2014,  revenue stood at $64 million, up from $51.3 million a year previously. In the UK and Europe, AuM rose by $2.8 billion to $20.4 billion in the same timeframe.