David Esfandi

Spear’s Review

David Esfandi, the canny CEO of Canaccord Genuity Wealth Management since 2014, has overseen a rash of acquisitions in his time at the firm, strengthening its position in the market.

Acquisitions include, among others, Adam & Company, Results International, Sawaya Partners, Punter Southall and Intelligent Capital. In 2024 the firm announced it had purchased Cambridge-based Cantab Asset Management, further bolstering its financial planning capacity and reach.

At the same time, Canaccord is also concentrating on organic growth and excellence in client service, increasing its number of offices in the UK and Europe as well as assets under management – £35.2 billion as of end-June 2024 – and adding to its analytical power with smart hires of well-informed, well-connected people.

Esfandi was previously managing director of Ashcourt Rowan Asset Management. Prior to that, he spent 10 years with Deutsche Bank.