Canaccord Genuity expands UK wealth footprint in multi-billion-dollar deal
Expanding the UK footprint
The deal marks a meaningful step in Canaccord Wealth’s strategy to grow its presence in the United Kingdom.
Canaccord Genuity, which is listed on the Toronto Stock Exchange, has been building its UK and Crown Dependencies platform through a series of strategic acquisitions and organic growth.
David Esfandi, Chief Executive Officer of Canaccord Wealth (UK), said the firm was pleased to welcome the professionals from EFG Harris Allday, noting a shared commitment to delivering high-quality client service.
The UK wealth management sector has seen sustained consolidation pressure over recent years, as firms seek scale to manage rising regulatory costs, invest in digital infrastructure, and compete for adviser talent.
EFG Harris Allday, with its regional Midlands focus and long-standing client relationships, represents the kind of established boutique operation that larger platforms have been targeting.
