Canaccord Genuity snaps up Glasgow-based planner adding £220m

Wealth firm wants to expand the scale of its financial planning capacity

Isabel Baxter
clock • 2 min read

Canaccord Genuity Group is to acquire financial planning firm Intelligent Capital through its wealth management business in the UK and Crown Dependencies CGWM UK.

The transaction is part of CGWM's strategy of investing in the growth and success of its wealth management business while continuing to increase the scale of its financial planning capacity. Founded in 1999, Intelligent Capital is a financial planning business based in Glasgow with £220m in client assets. Upon completion, the professionals and clients of Intelligent Capital will operate under the Adam & Company brand, which represents the Scottish operating business of CGWM UK. CGWM said Intelligent Capital's core client proposition will "remain unchanged, and their financial plann...

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