Mr. Paul Reynolds reports

INTRODUCING CANACCORD GENUITY WEALTH MANAGEMENT; CANACCORD'S GLOBAL WEALTH MANAGEMENT DIVISION HAS BEEN REBRANDED CANACCORD GENUITY WEALTH MANAGEMENT

Canaccord Financial Inc.'s global wealth management division has been rebranded Canaccord Genuity Wealth Management (from Canaccord Wealth Management). As a result of this initiative, the company's wealth management operations in Canada, the United Kingdom, the Channel Islands, the Isle of Man, Switzerland and Australia now share the same brand.

In the last two years Canaccord has expanded its wealth management platform into new markets through the acquisition of: Collins Stewart Wealth Management, the wealth management business of Eden Financial, and, a 50-per-cent interest in BGF Equities.

This branding initiative culminates the global integration of all wealth management businesses on Canaccord's platform. The name Canaccord Genuity Wealth Management also better aligns the division with the brand of Canaccord Genuity, the company's investment banking and capital markets division.

In Canada, Canaccord Genuity Wealth Management has 16 locations across the country, providing wealth management and brokerage services to individual investors through 178 teams of investment advisers. The company's advisers are entrusted to oversee $11.4-billion of client assets, and manage $791-million held in discretionary client accounts. Today, Canaccord Genuity Wealth Management manages and administers approximately $27-billion of client assets globally.

"Today marks a significant milestone for the firm, as we go to market under a unified global wealth management brand," noted Paul Reynolds, president and chief executive officer of Canaccord Financial. "In the last several years our wealth management platform has expanded beyond our traditional market in Canada, to the U.K., mainland Europe and Australia. The global reach of our business provides clients with seamless access to international products and services that we believe can provide investors with enhanced opportunities to generate greater returns. We put our clients at the centre of all our services, and we recognize their needs will become increasingly global in nature."

John Rothwell, president of Canaccord Genuity Wealth Management (Canada), added, "Our brand has changed to reflect the growing capabilities of our business, with our focus remaining squarely on our clients and helping them reach their financial objectives."