Farrer & Co advises Canaccord Genuity Wealth Management on its acquisition of Cantab Asset Management Ltd
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Farrer & Co has advised Canaccord Genuity Wealth Management in the UK and Crown Dependencies (CGWM) on its acquisition of the chartered, independent financial planning firm Cantab Asset Management Ltd.
The deal, which completed on Tuesday 1 October following regulatory approval, sees CGWM acquire the Cambridge-based firm. Farrer & Co acted as legal advisor to CGWM in connection with the transaction, which will further consolidate CGWM’s position as a top-10 wealth manager by assets in the UK.
Commenting on the deal, Simon Ward, Partner at Farrer & Co, said: “We are delighted to have supported CGWM in the completion of this transaction that further enhances its offering to high-net-worth clients.”
The Farrer & Co team was led by Simon Ward, Charlie Court and Georgia Slater (Corporate), alongside Andy Peterkin (Financial Institutions) and Katjana Cleasby (Tax) .
© Farrer & Co LLP, September 2024