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Enter Symbol
or Name
USA
CA



Canaccord Genuity Group Inc
Symbol CF
Shares Issued 101,993,084
Close 2023-11-08 C$ 7.30
Market Cap C$ 744,549,513
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Globe says National Bank scores Richardson advisers

2023-11-09 08:11 ET - In the News

See In the News (C-NA) National Bank of Canada

The Globe and Mail reports in its Thursday, Nov. 9, edition that Richardson Wealth has seen a flurry of departures of senior advisers and their colleagues, jeopardizing more than $1.4-billion in client assets that could go to rival wealth managers. The Globe's Clare O'Hara writes that earlier this week, senior investment adviser Marc Dalpe and 10 associates departed Richardson Wealth, taking a $900-million book of client assets to National Bank Financial. Mr. Dalpe spent more than 12 years at Richardson Wealth, where he was also a member of the company's board of directors since 2017. As well, Mr. Dalpe was a board member of parent company RF Capital Group, from October, 2020, to September, 2022. At the same time, Robert Smith, an investment adviser, along with his group of three associates, left Richardson Wealth to join competitor Canaccord Genuity Wealth Management. Mr. Smith spent more than a decade with Richardson Wealth and currently manages about $300-million in client assets. As well, on Oct. 27, Raymond James announced the appointment of Wynn Harvey, an investment adviser who spent almost 12 years with Richardson Wealth and manages more than $150-million.

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