Internal Canaccord study found that 70% of the 20 advisors who had the most growth in AUA in the past year were active daily on social media
The firm as entered into an agreement with C. Hoare & Co. to acquire its investment dealing and custody business
Don MacFayden has taken over the role of executive vice president and CFO following the resignation of Brad Kotush, whose resignation came into effect on Thursday
Michael Perera joins the firm from J.P. Morgan Private Bank, at which he spent 19 years and was chief investment strategist for Europe, the Middle East and Africa
The ongoing turmoil in the resources sector is having an “outsized impact on the independent investment banks,” a new report suggests
The firm is raising $60 million to recruit 30 to 40 advisors who have well-established relationships with demanding clients
The addition of Vancouver’s LePoidevin Group is part of the firm’s strategy to bring in more advisors and grow its AUM
The platform will allow Canaccord advisors to connect with clients via social media and meet all compliance and regulatory requirements
The firm has raised the money in a private placement that will be dedicated toward growing the wealth-management business
The sale SAC Capital is expected to close next month