Canaccord Genuity Wealth Management (CGWM), a subsidiary of the Canadian banking and financial services company Canaccord Genuity, has appointed Sean Taylor as its new head of intermediary sales based in the UK.

Taylor will join CGWM from UBS Wealth Management and was previously also associated with Deutsche Bank.

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The hire aligns with the strategy of the Canadian firm with offices in London, Guernsey, Isle of Man and Jersey to increase its presence in the UK market.

The firm that manages £11bn ($17.24bn) of assets of over 12,000 clients will build on a series of partnerships it already has in place in the market, reported Portfolio Adviser.

David Esfandi, chief executive at CGWM said, "We are delighted to have Sean join our intermediary team as he brings with him a great deal of experience, industry knowledge and importantly a proven track record to help us grow our business."