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Canaccord Genuity makes $367M takeover offer for RF Capital Group
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Canaccord Genuity Group Inc Announces a Proposed Offer Made to and Rejected by The RF Capital Board to Acquire 100% of the Outstanding Shares of RF Capital Group Inc
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Canaccord Genuity makes $367M takeover offer for RF Capital Group
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Canaccord Genuity makes $367M takeover offer for RF Capital Group
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Rudy Mezzetta
The uncertainty hanging over Richardson Wealth Ltd. in recent years has resulted in stagnant growth and advisor departures, senior leaders at the brokerage admit. But with last fall’s shareholder dispute settled, ownership restructured and a new name on the door, executives say the independent firm formerly known as Richardson GMP Ltd. is setting a clear strategy and is ready to grow.
“This new clarity, this new alignment of [shareholder] interests, is the end of our [advisor] turnover, I would say, and the beginning of a significant growth phase,” said Andrew Marsh, president and CEO of Richardson Wealth in Toronto.