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Canaccord Rebrands Its UK, Channel Islands, Australia Wealth Businesses

Tom Burroughes

1 May 2013

Canaccord Financial, the Canadian-headquartered firm, said its global wealth management division has been rebranded Canaccord Genuity Wealth Management, replacing the names of businesses previously known as Collins Stewart Wealth Management, and Eden Financial.

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, Canaccord said in a statement today.

Other entities that have been rebranded under the new moniker are Canaccord Wealth Management and BGF Equities .

In the UK and Europe, Canaccord Genuity Wealth Management has six locations, providing on and offshore wealth management services to individual investors, charities and institutions.  The firm oversees £10 billion of client assets. On a global basis, Canaccord Genuity Wealth Management manages and administers approximately £17 billion of client assets.

"Today marks a significant milestone for the firm, as we go to market under a unified global wealth management brand," Paul Reynolds, president and chief executive of Canaccord Financial, said.

Neil Darke, CEO of Canaccord Genuity Wealth Management , 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.”