Canaccord Genuity Wealth Management in the UK & Crown Dependencies achieved record financial performance in Q3 2025.
In the third quarter of fiscal 2025 (ended 31 December 2024), the firm reported record quarterly revenue of £64.6 million, a 7.3% increase year-over-year. Year-to-date revenue reached £188.2 million, up 3.9%, also setting a new record.
Normalised EBITDA for the quarter was approximately £20 million, with a margin of 33.6%, while year-to-date EBITDA stood at £58 million with a 33.3% margin. Client assets hit a new high of £35.9 billion, marking a 6.6% increase from the previous year.
David Esfandi (pictured), 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.”