Canaccord Genuity Wealth Management is partnering with asset management arm of Credit Suisse. The partnership will provide Canaccord’s high-net-worth investors with portfolio management tools and exclusive access to a new suite of high-net-worth products. Credit Suisse Canada CEO Ron Lloyd said Canaccord Genuity can leverage additional global expertise while Credit Suisse will benefit from the reach and quality that Canaccord provide through its advisory network. Through Canaccord, Credit Suisse will enter the retail space with four separately managed accounts exclusively for clients of Canaccord. Previously, the funds were only available to Credit Suisse private bank clients. The partnership will also entail Credit Suisse providing Canaccord Genuity with client seminars and events, investment adviser education and training, and a mobile app to help with portfolio construction.
