New name for Collins Stewart

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Canaccord Financial Inc. has announced its global wealth management division has been rebranded Canaccord Genuity Wealth Management.

Accordingly, the company’s wealth management businesses in the Isle of Man, the UK and other offshore locations, previously known as Collins Stewart Wealth Management, are now known as Canaccord Genuity Wealth Management.

As a result of this initiative, the company’s wealth management operations in the UK, the Channel Islands, the Isle of Man, Switzerland, Canada and Australia now share the same brand.

Dermot Hamill, now head of Canaccord Genuity Wealth Management in the Isle of Man, said: ‘This brand change has been known to our clients for the past year and we believe that they will increasingly benefit from enhanced exposure and access to a global offering. We’re committed to providing best-in-class financial solutions to our clients, through investment opportunities available both domestically and abroad.’

Paul Reynolds, president and chief executive officer of Canaccord Financial Inc said it marked ‘a significant milestone for the firm, as we go to market under a unified global wealth management brand.’

Canaccord Genuity Wealth Management manages and administers approximately £17 billion of client assets globally.

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