Canaccord Capital Corp. has appointed George Karkoulas as senior vice president and head of its new Principal-Agent Retail distribution initiative.

With 30 years of financial services experience, Karkoulas brings expertise garnered through building Raymond James’ Independent Contractor business unit, Canaccord says.

For the past seven years, Karkoulas has been a leader of a team which launched this concept in Canada, “to the point where this group accounted for the most significant portion of revenue growth and assets within Raymond James,” Canaccord says.

Karkoulas will work with Canaccord’s Private Client Services executive management team to build, and then expand, the company’s presence into this segment.

“The operational build-out in support of George’s business will leverage Canaccord’s independence, infrastructure and operational strengths and increase the scope of its recruiting offering in support of its ambitious growth plans for PCS,” the company says.

Karkoulas’ appointment is subject to regulatory approval.

IE