The Toronto financial firm has agreed to buy 100 per cent of the Australian company, which provides wealth management and capital markets services. Terms of the deal were not disclosed. (The Logic)

Talking point: In a research note, TD Cowen analyst Graham Ryding said he believes the acquisition will help Canaccord bring to Australia the model it’s built in Canada, which sees its wealth management arm help sell the securities issued by its capital markets business. Wilson’s wealth platform has $14.9 billion in assets under administration, compared with the $8.9 billion Canaccord’s existing Australian wealth management business holds, he said. Canaccord acquired U.K. financial planning business Cantab Asset Management in 2024 and London advisory firm Results International in 2022.