The acquisition increases the firm’s ownership stake in Canaccord Genuity (Australia) Ltd. to 80%
The firm has added 13 advisory teams from a year ago while the average book size per advisory team has risen by more than 80% in two years
The Australian company operates a mid-market investment bank in the Asia-Pacific region
The new wealth management office is home to three investment teams
The acquisitions aim to bolster Canaccord’s trading business and aid the development of robo-advisory offerings
The Vancouver-based team is the latest group to join Canaccord’s Canadian wealth-management business
Canaccord continues to expand wealth-management business
Vancouver’s Andrew Johns and his team sign up with the firm’s Canadian wealth-management division
Investment dealer gets huge lift from cannabis, blockchain transactions
Statistics Canada estimates the value of Canada’s cannabis production at $3 billion