Canaccord Genuity Wealth Management

Canaccord Genuity Wealth Management provide a broad range of Wealth Management services, at the core of which is their Discretionary Portfolio Management offering.

With this service, their investment managers build and run a personalised portfolio on your behalf, without needing to ask your permission each time they want to make an adjustment.

The key features of Canaccord Genuity Wealth Management's DFM services include:

• Access to a wide range of asset classes and markets.
• A dedicated investment manager that builds you a unique portfolio tailored to your wishes and risk appetite.
• You will be informed on the performance of your portfolio and the actions taken to optimise it.
• You can get 24/7 account access via their CG Wealth Online service.
• Their discretionary portfolios invest in individual stocks and bonds, and other alternative asset classes.
• They also invest in third party investment funds, for added diversification and access to a wide range of fund managers.
• Canaccord Genuity Wealth Management are not tied to inhouse funds.

Charges and costs:

The highly personalised nature of a discretionary portfolio management service means the total cost you will pay is affected by a number of variables.

For example, your individual tax situation, your long-term goals, stamp duty if applicable, currencies, overseas dealing, the extent you are invested in third party funds and so on.

As a private client of Canaccord Genuity Wealth Management, your investment manager will keep you up-to-date on the total fees you are paying.

You will also receive a quarterly report which will give you a full breakdown of costs. 

Investment process:

• Based on a global asset allocation framework, their analytical investment process includes an in-depth research, continuous monitoring and the interaction of a number of investment committees.
• Each layer of their investment process must be aligned before your dedicated investment manager can start to create a risk-adjusted portfolio tailored to your individual needs.
• Canaccord Genuity Wealth Management can offer you a range of different investments, including securities, equities, funds, exchange-traded funds (ETFs), investment trusts, alternatives, bonds and cash.
• They claim to structure your investments tax effectively, including SIPPs and ISAs.
• Their in-house experts select investments from the open market to create a range of investment opportunities for you.
• Canaccord Genuity Wealth Management offer nine different risk profiles to suit your attitude to risk and claim to regularly check your portfolio against the industry benchmarks.

NOTE:

• While we think the options are perhaps a little limited, they do provide investors with exposure to multiple asset classes including equities, bonds, commodities and alternative investments that mirror Canaccord’s rigorous investment and risk management.
• We would recommend reading the 'expert verdict' section of this review to make an informed decision.

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