Canaccord Genuity Group Inc. has added MLD Wealth Management Group to its Canadian wealth management business.

The addition supports the firm’s objective to grow assets under management and administration “to enhance the long-term stability of its earnings potential,” says a release.

Read: Updated: Scotiabank to buy Jarislowsky Fraser for $950M

Based in Calgary, the MLD Wealth Management Group operates as a multi-family office with a focus on helping high-net-worth clients meet complex financial goals.

Three executives from MLD Wealth Management Group are joining Canaccord Genuity, along with a team of five others from the firm, the release said. Those executives are:

  • Chad Larson, director of wealth management and senior vice-president;
  • Curtis Mayert, director of wealth management and senior vice-president; and
  • Sue Derlargo, vice-president and senior financial planner.

Also read:

Canaccord down six advisor teams amid recruitment push

High-net-worth firms to make more direct investments: report

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