Canaccord Genuity Group Inc. (TSX: CF) (the “Company”) is pleased to announce that through its wealth management business in the UK & Crown Dependencies, it has entered into an agreement to acquire the front office teams and client assets of EFG Harris Allday.
Currently operating as a division of EFG Private Bank, which is part of EFG International, EFG Harris Allday is a UK-based wealth management business focused on affluent clients predominantly in the Midlands. The EFG Harris Allday team is entrusted with approximately £3.1 billion in client assets and generated annual revenue of £20.3 million in the year ended December 31, 2025.
With teams in Birmingham and Shrewsbury, EFG Harris Allday’s deep local expertise and client-focused approach is expected to further strengthen Canaccord Wealth’s position as a leading integrated wealth manager in the UK. Advisers will benefit from expanded capabilities and infrastructure, while clients will gain access to a broader range of wealth planning advice and investment solutions through a seamless, integrated service.
David Esfandi, Chief Executive Officer of Canaccord Wealth (UK) said: “We are pleased to welcome the talented professionals from EFG Harris Allday, who share our ambition to deliver the very best client service and outcomes. This acquisition is a strong strategic fit, adding to our established teams and capabilities while also expanding our footprint across the Midlands with the addition of a new office in Shrewsbury.
“Importantly, it creates an opportunity to bring our established wealth planning capability to a broader group of clients across the region. By combining EFG Harris Allday’s strong client relationships and investment expertise with our financial planning advice, we can offer clients a truly integrated wealth management experience.”
Completion of the transaction is subject to customary closing conditions and is expected to occur in the second half of calendar 2026.
ABOUT CANACCORD GENUITY GROUP INC.
Through its principal subsidiaries, Canaccord Genuity Group Inc. (the “Company”) is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the Company has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The Company has wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man and Australia. The Company’s international capital markets division operates in North America, UK & Europe, Asia, and Australia.
Source : Canaccord Genuity Group Inc.
