Canaccord Genuity signs deal to buy Mercer’s Canadian private wealth business

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Canaccord Genuity signs deal to buy Mercer’s Canadian private wealth business
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The acquisition is expected to add about $1.5-billion to Canaccord Genuity Wealth Management’s total client assets

The deal is expected to close within the next three months, subject to closing conditions, including regulatory approval.

Canaccord Genuity’s wealth management operations provides services to individual investors, private clients, charities and intermediaries.Tickers mentioned in this storyBuild your personal news feed

 

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