Canaccord Genuity Wealth Management has published its third quarter fiscal 2025 financial results, showing record quarterly revenue.
The firm’s teams in the UK & Crown Dependencies secured revenue of £64.6 million during the third quarter of fiscal 2025, an increase of £4.4 million or 7.3% compared to the same quarter of the previous fiscal year.
The firm said its UK & Crown Dependencies markets also contributed £188.2 million of revenue fiscal during the year-to-date, an increase of 3.9% year-over-year and a new record for this measurement period.
At 31 December 2024, client assets in Canaccord Genuity Wealth Management in the UK & Crown Dependencies reached a new high of £35.9 billion a year-over-year increase of 6.6%.
David Esfandi, CEO of Canaccord Genuity Wealth Management in the UK & Crown Dependencies commented: “We are proud of another set of record-breaking results at Canaccord Wealth in the UK and Crown Dependencies. Our strong growth in client assets and revenues is further validation of the actions we are taking in our goal to become the best integrated wealth manager by performance and service.
“On a daily basis we go above and beyond for our clients, and these results are a demonstration of the continued faith they show in us.
“Our recent story is one of sustainable growth underpinned by a relentless focus on our clients, colleagues, and performance. Our continued investment in technology is another vital component in meeting the high expectations our clients have, and I am excited by what we can achieve in the year ahead.”