Stuart Raftus has been appointed as president of Canaccord Genuity Wealth Management in Canada, effective immediately.
He replaces John Rothwell, who has departed the company with immediate effect.
Paul Reynolds, president and CEO of Canaccord Genuity Group, says: “Stuart’s significant track record of execution, strong industry background and deep understanding of our business make him very well suited to lead this division. Under his leadership, we will maintain our focus on enhancing the operational efficiency of the business, reinvigorate our recruitment efforts and continue to provide our clients with exceptional service levels.”
Raftus has over 28 years of experience in the securities industry, having served most recently as president and chief operating officer at Beacon Securities. Throughout his career, he has held several executive positions including president and chief executive officer at Seamark Asset Management, president and chief operating officer at Blackmont Capital and managing director, head of wealth management for CIBC Oppenheimer’s US distribution business.
Raftus says: “Canaccord Genuity is a uniquely global firm with a value proposition that appeals to both investment professionals and to clients. This is an exciting opportunity and I look forward to working with this high-calibre team, and to contributing to the business’ future growth.”