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CANACCORD GENUITY GROUP INC. THROUGH ITS WEALTH MANAGEMENT BUSINESS IN THE UK & CROWN DEPENDENCIES ANNOUNCES COMPLETION OF ITS ACQUISITION OF BROOKS MACDONALD ASSET MANAGEMENT (INTERNATIONAL) LTD.
CANACCORD GENUITY GROUP INC. THROUGH ITS WEALTH MANAGEMENT BUSINESS IN THE UK & CROWN DEPENDE...
About this update from Canaccord Genuity Group Inc.
[{"type":"text","content":"\n\n\n\n CANACCORD GENUITY GROUP INC. THROUGH ITS WEALTH MANAGEMENT BUSINESS IN THE UK & CROWN DEPENDENCIES ANNOUNCES COMPLETION OF ITS ACQUISITION OF BROOKS MACDONALD ASSET MANAGEMENT (INTERNATIONAL) LTD.\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n CANACCORD GENUITY GROUP INC. THROUGH ITS WEALTH MANAGEMENT BUSINESS IN THE UK & CROWN DEPENDENCIES ANNOUNCES COMPLETION OF ITS ACQUISITION OF BROOKS MACDONALD ASSET MANAGEMENT (INTERNATIONAL) LTD.\n \n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n February 24, 2025\n \n /CNW/ - Canaccord Genuity Group Inc. (TSX: CF) (the \"Company\") is pleased to announce that through its wealth management business in the UK & Crown Dependencies (\"CGWM UK\") it has completed its purchase of Brooks Macdonald Asset Management (International) Limited (\"BMI\"), previously a wholly owned subsidiary of Brooks Macdonald Group plc (\"Brooks Macdonald\").\n \n\n The acquisition represents an important strategic addition to the Company's operations in Guernsey, the Isle of Man, and Jersey. As previously disclosed, the professionals and clients of BMI will benefit from being part of a larger integrated wealth management business with deep resources and a strong commitment to supporting their long-term growth and success.\n \n\n\n David Esfandi\n \n , Chief Executive Officer of CGWM UK said: \"This acquisition is another step forward in our mission to become the best integrated wealth manager in the region by performance and service. With this investment, we increase our ability to serve the complex needs of international clients who have clear ambitions and need a trusted partner to help them achieve their goals.\"\n \n\n\n ABOUT CANACCORD GENUITY GROUP INC.\n \n\n\n Through its principal subsidiaries, Canaccord Genuity Group Inc. (the \"Company\") is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the Company has been driven by an unwavering commitment to bui...