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Acquisition expands UK wealth management footprint into Scotland with a leading and well-established franchise and increases client assets by approximately £1.7 billion (C$2.9 billion)
TORONTO, LONDON and EDINBURGH, April 15, 2021 /PRNewswire/ -- Canaccord Genuity Group Inc. (TSX: CF), (the "Company") is pleased to announce that through its wealth management business in the UK ("CGWM UK"), it has entered into an agreement with The Royal Bank of Scotland plc ("RBS"), which is part of the NatWest Group plc ("NatWest"), to acquire the private client investment management business of Adam & Company ("the Business").The acquisition is expected to be accretive to the Company's adjusted