Award-winning business Canaccord Genuity Wealth Management is celebrating its 20th anniversary in the Isle of Man.

The company has firmly established itself as a key player in the island’s corporate sector and wider community over the last two decades, having won major industry awards, sponsored key local events and donated more than ?60,000 to local causes. Its local team has combined industry experience of more than 250 years and prides itself on delivering traditional wealth management through a highly personal service.

Dermot Hamill, head of wealth management at Canaccord Genuity Wealth Management in the Isle of Man, said: “It is incredible how far the team has come in 20 years. Many of them have been employed by the business for a decade or more and that expertise, knowledge and dedication is of huge benefit to our clients.

“As well as employing a highly-qualified local team, in the last year we have invested considerably in a new wealth management technology platform which is supporting our ambitious growth plans and is vital for our long-term strategy.”

The business was first established in the Isle of Man in 1996 through the acquisition of Grieg Middleton. There were then just three members of staff (two of whom are still with the business today) based at offices on Auckland Terrace in Ramsey. The acquisitions of Tilney & Co in 2002 and Insinger de Beaufort in 2006 further grew the team which now comprises seven portfolio managers and four investment advisers.

As one of the fastest growing offices in the worldwide Canaccord Genuity group, the Isle of Man office in Bank Hill, Douglas manages ?1.4 billion of assets. As well as the Isle of Man, Canaccord Genuity Wealth Management has offices in London, Guernsey and Jersey where more than 120 investment professionals manage and administer approximately ?12 billion of assets on behalf of a global client base.

The firm’s Isle of Man clients benefit from access to locally-based investment and fund managers backed by the strength and depth of the global business. The Isle of Man team is able to draw on an abundance of product knowledge and insight into international markets, capture that expertise and tailor it for local clients.

The company also plays an active role in raising the profile of the island’s finance sector on the global stage. It was named Isle of Man Investment Management Company of the Year for the third year in a row at the 2016 Citywealth International Financial Centre Awards.

Canaccord Genuity Wealth Management supports the island community through its charitable trust, which has donated almost ?63,000 to local charities since its launch in 2004, and its sponsorships include Ramsey Golf Week, Vikings Hockey Club and the Isle of Man Newspapers Awards for Excellence.

“The business has achieved a lot of success in the Isle of Man over the last two decades thanks to our knowledgeable team and loyal client base,” said Hamill.

“We remain dedicated to offering the best investment solutions to clients and will continue to innovate in anticipation of future wealth management requirements, while also relishing the opportunity to play our part in the local community for decades to come.”