Industry veteran Stuart Raftus is taking over as head of Canadian wealth management at Canaccord Genuity Group Inc.
The firm announced today that Raftus is to become president of Canaccord Genuity Wealth Management in Canada, effective immediately. He replaces John Rothwell who is also leaving the firm immediately.
Raftus has, in his 28-year career, been president and chief operating officer at Blackmont Capital; president and CEO at Seamark Asset Management; and, managing director, head of wealth management for CIBC Oppenheimer’s U.S. distribution business. Most recently’, he was president and chief operating officer at Beacon Securities Ltd.
“Stuart’s significant track record of execution, strong industry background and deep understanding of our business make him very well suited to lead this division,” said Paul Reynolds, president and CEO of Canaccord Genuity (TSX:CF).
“Under his leadership, we will maintain our focus on enhancing the operational efficiency of the business, reinvigorate our recruitment efforts and continue to provide our clients with exceptional service levels,” he added.