Feifa partners with UK wealth firm

To expand the number of investment strategies offered to its members

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The Federation of European IFAs (Feifa) has entered into a partnership with Cannaccord Genuity Wealth Management (CGWM) UK.

The relationship with Feifa will be headed up by David Scammell, business development manager at CGWM.

It will give Feifa members access to the wealth firm’s risk rated, multi-asset solutions.

CGWM has a chief investment office team supported by 12 investment committees, 70 in-house researchers and analysts, and tools such as Quest®, its equity valuation system.

As well as multi-asset, multi manager funds, CGWM also provides discretionary investment management and stockbroking and, for clients with international needs, in-house foreign exchange and treasury services.

Time

“Canaccord Genuity Wealth Management is delighted to be partnering with FEIFA to provide risk-rated, multi-asset solutions to FEIFA’s members throughout Europe,” said Andy Finch, managing director of CGWM Funds.

“CGWM’s experience in providing outsourced investment management services for financial advisers means that we can add value to advisers’ practices and, importantly, help improve client outcomes.”

Paul Stanfield, Feifa chief executive, said: “Once again this is a relevant and beneficial addition to our affiliations.

“Many of our partner firms have been with us for numerous years, but it is also important to refresh our provider relationships to ensure that they closely reflect the changes in adviser practices and thus the needs of our member firms.”

Expansion

This is the fourth partnership that Feifa has entered into since January 2020, including Guernsey-based Dominion Fund Management, Utmost Wealth and Prestige Funds.

The association recently said that membership had increased by 10% in January and February 2020.