Top advisor leaves Richardson for Canaccord

Canaccord president delighted to keep recruitment momentum going as advisory team brings about $350 million in AUM

Top advisor leaves Richardson for Canaccord

Canaccord Genuity has snapped up another leading advisor from independent rivals Richardson Wealth.

Matthew Langsford and his Langsford Wealth Counsel team, based in Oakville, Ontario, today made the switch, bringing with them about $350 million in AUM.

The move comes just over a month since Peter Guidote, a founding member of Richardson’s Monteal branch, and Guidote Wealth Stewardship, which manages about $200 million in AUM, also left for Canaccord.

Stuart Raftus, president of Canaccord Genuity Wealth Management Canada, told WP: “We are excited that Matt and his team have decided to join our firm and very pleased to see our momentum in attracting top advisors continue.”

Langsford began his career in 1999, joining Richardson in 2014. His practice focuses on serving the distinct needs of affluent business owners and their families.

After going public with its bid to take over Richardson earlier this year, Canaccord recently announced it was withdrawing its proposal to acquire RF Capital Group to instead focus on recruitment and organic growth.