{"id":1891,"date":"2023-11-10T12:08:53","date_gmt":"2023-11-10T12:08:53","guid":{"rendered":"https:\/\/www.gunnerandco.com\/?post_type=insights&p=1891"},"modified":"2023-11-22T14:02:18","modified_gmt":"2023-11-22T14:02:18","slug":"canaccord-genuity-to-acquire-glasgow-based-intelligent-capital","status":"publish","type":"insights","link":"https:\/\/www.gunnerandco.com\/insights\/canaccord-genuity-to-acquire-glasgow-based-intelligent-capital\/","title":{"rendered":"Canaccord Genuity to acquire Glasgow-based Intelligent Capital"},"content":{"rendered":"
Canaccord Genuity has agreed to buy Glasgow-based Intelligent Capital for an undisclosed fee, subject to regulatory approval.<\/p>\n
Established in 1999, Intelligent Capital has \u00a3220m in client assets, and it will operate under Adam & Company, CGWM\u2019s Scottish arm\u00a0acquired from Coutts\u00a0for \u00a354m in 2022.<\/p>\n
As part of the agreement, David Bremner, the managing director of the Scottish IFA, become head of wealth management for Glasgow within the Adam & Co framework. Bremner will work closely with Matt Phillips, the director of wealth planning for CGWM, and Graham Storrie, head of Adam & Co Wealth Management.<\/p>\n
Bremner said: \u201cWe have always had a strong vision for the future of Intelligent Capital and from our earliest conversations, we found that Canaccord Genuity and Adam & Company were completely aligned with our values and our commitment to high ethics and client service standards.<\/p>\n
“I look forward to beginning this next chapter with a leading Scottish brand and being able to offer our existing and future clients an elevated financial planning experience.\u201d<\/p>\n
After completion of the deal, employees and clients of the Intelligent Capital will operate under the Adam and Company brand, which represents Canaccord\u2019s Scottish operating business.<\/p>\n
David Esfandi, CEO of CGWM UK, said \u00a0\u201cWe have had an excellent experience since entering the important Scottish market in 2021, and the addition of a new office in Glasgow gives us more expertise in the region to meet the growing demand for our outstanding integrated wealth management offering.\u201d<\/p>\n
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If you are looking to sell your business, find out more about the selling process and how\u00a0<\/em>Gunner & Co.<\/em><\/a>\u00a0can help you. Book a meeting with our MD Louise\u00a0<\/em>here<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Canaccord Genuity Wealth Management buys Glasgow-based Intelligent Capital for an undisclosed fee bringing in \u00a3220m of client money.<\/p>\n","protected":false},"featured_media":1324,"template":"","insight-category":[3],"insight-tag":[],"acf":[],"yoast_head":"\n