Canaccord Genuity

fiscal 2014 annual report

The Value of Our Global Perspective

In recent years, we have made strategic investments to improve our competitive position and further integrate our global operations to deliver a consistent client experience in all the regions we operate in. At Canaccord Genuity, we are committed to building lasting client relationships, generating innovative ideas and creating shareholder value. Below are some of the ways we are delivering on this promise:

  1. Strengthening our competitive position
    to become more relevant in each of our core markets
    • Improved global coordination of investment banking, equity research, and sales and trading capabilities
    • Global equity research coverage of more than 1,000 companies, reaching all of our clients in Canada, the US, the UK and Europe, and the Asia-Pacific region
    • Expanded capabilities in fixed income and structured products
    • Ability to list companies in six countries on 10 exchanges
  1. Growing our global wealth management business
    and guiding Canadian wealth management back to profitability
    • Complete Canaccord approach to global wealth management, facilitating growth of managed and fee-based accounts in all regions
    • Worldwide launch of Global Portfolio Solutions (GPS) portfolio management product expected in 2015
    • Launched “Project Dragonfly”, a sophisticated software platform to promote increased use of electronic processing throughout our UK and Europe wealth management business
    • Invested in advanced advisor training programs to provide our wealth managers with the necessary tools to meet the evolving needs of our growing wealth management client base
  1. Maintaining a solid financial position
    and providing growing returns to shareholders
    • Diversified geographic, sector and revenue mix
    • Preserved our strong, liquid balance sheet to support increasing business volumes and investments in our growth
    • Stable and healthy dividend, $0.20 for the fiscal year
    • Purchased 3,294,144 shares for cancellation under our normal course issuer bid buy-back programme
    • Book value of $9.05 per share

EMPLOYEES BY GEOGRAPHY

(As at March 31, 2014)

EMPLOYEES BY GEOGRAPHY CHART

Employees by Geography
(As at March 31, 2014)

Country Employees by Geography (%)
Canada 21
UK and Europe 64
US 12
Asia-Pacific and Other 3

EMPLOYEES BY DIVISION

(As at March 31, 2014)

EMPLOYEES BY DIVISION CHART

Employees by Division
(As at March 31, 2014)

Division Employees by Division (%)
Canaccord Genuity 48
Canaccord Genuity Wealth Management 36
Corporate and Other 16