08:38:35 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Canaccord Genuity Group Inc
Symbol CF
Shares Issued 102,000,988
Close 2014-08-26 C$ 12.06
Market Cap C$ 1,230,131,915
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Canaccord Genuity adds to wealth management staff

2014-08-27 17:52 ET - News Release

Mr. Paul Reynolds reports

CANACCORD GENUITY GROUP INVESTS IN GROWTH OF CANADIAN WEALTH MANAGEMENT BUSINESS; OPERATING FROM THE VANCOUVER BRANCH, THE GROUP IS RESPONSIBLE FOR THE MANAGEMENT AND ADMINISTRATION OF MORE THAN $300 MILLION IN CLIENT ASSETS.

Canaccord Genuity Group Inc. is adding new investment advisory teams to its Canadian Wealth Management division.

"These key appointments reflect our continued efforts towards strengthening our Canadian wealth management business and growing discretionary assets under management," said Paul Reynolds, president and chief executive officer of Canaccord Genuity Group. "We are committed to investing strategically in products and expertise to address the evolving needs of our wealth management clients."

In addition to the broader resources of Canaccord Genuity Group, including the firm's award-winning global equity research platform, clients of Canaccord Genuity Wealth Management investment advisers will have access to a suite of proprietary asset management products, Canaccord Genuity Global Portfolio Solutions (GPS), to be launched in the coming months.

"This talented group brings valuable expertise and insight to our existing wealth management business," said Stuart Raftus, president, Canaccord Genuity Wealth Management in Canada. "With a proven track record of exceptional client service, our newest investment advisory teams will work closely with our existing advisory group and leverage the resources of our firm's broader global platform to bring holistic wealth management solutions to their clients."

Jim Cumming brings more than 30 years of advisory experience and with support from his partner, Taylor Cumming, has developed a strong record of delivering value for clients. Jim Cumming was recognized as a Chairman's Club member for the duration of his 16-year tenure at his previous firm.

Danny Pero, vice-president, investment adviser, brings more than 10 years of proven experience advising clients on a broad range of financial planning strategies. Philip Kuzyk, FSCI, CIM, vice-president, investment adviser, portfolio manager, brings 15 years of portfolio management experience. The group brings extensive and diverse financial industry experience, and with support from advisers Ed Whitehead, Brent Woyat, Robert Brough, Camillo Di Prata and Chuck Vidalin, will deliver a comprehensive suite of portfolio management, wealth, insurance and estate planning services for clients and their families.

Officer titles are subject to regulatory approval.

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