Canaccord Wealth acquires EFG's wealth business

Snaps up £3.1bn AUM EFG Harris Allday

Isabel Baxter
clock • 2 min read

Canaccord Wealth has entered into an agreement to acquire the front office teams and client assets of EFG’s wealth division, EFG Harris Allday.

Currently operating as a division of EFG Private Bank, which is part of EFG International, EFG Harris Allday is a UK-based wealth management business focused on affluent clients predominantly in the Midlands. The EFG Harris Allday team looks after approximately £3.1bn in client assets and generated annual revenue of £20.3m in the year ended December 31, 2025. With teams in Birmingham and Shrewsbury, Canaccord Wealth said EFG Harris Allday's "deep local expertise and client- focused approach" is expected to further strengthen its position as a "leading integrated wealth manager in the ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Standard Life to add IHT planning and launch targeted support proposition

Standard Life to add IHT planning and launch targeted support proposition

Loss-making half year results confirm

Jen Frost
clock 07 September 2026 • 2 min read
David James CEO on 'filling the gap' between one-man IFAs and consolidators

David James CEO on 'filling the gap' between one-man IFAs and consolidators

‘We’re not trying to be the biggest wealth manager’

Isabel Baxter
clock 04 September 2026 • 5 min read
Nucleus posts £61.5m profit in 2025

Nucleus posts £61.5m profit in 2025

Revenue rose 3.5% to £225m

Isabel Baxter
clock 04 September 2026 • 2 min read