The firm has brought in a former investment director at Investec Wealth.

Canaccord Genuity Wealth Management UK & Europe has appointed Miguel Guterres as investment director. He will be based in London.

Guterres will work closely with investment director Paul Derrien, to manage a portfolio of clients comprised of companies, trust and high net worth individuals, the firm said in a statement.

He joins the firm from Investec Wealth, where he worked as an investment director for 14 years. Prior to Investec, Guterres was a director at Panmure Gordon.

“Miguel is an extremely experienced director and we look forward to drawing on his deep knowledge and expertise as we continue to offer high-quality investment services to our client base and attract the best investment professionals to our wealth management business,” said David Esfandi, chief executive.

WealthBriefing recently reported that Canaccord Genuity had agreed to acquire wealth manager Hargreave Hale. Read here to find out more about the deal.