Raymond James’ Canadian arm to grow with acquisition
December 10, 2022 - This week, Raymond James Ltd., the Canadian-based arm of Raymond James Financial (NYSE: RJF), and Raymond James Trust (Canada) announced the acquisition of Solus Trust. The Vancouver-based company, which provides independent trust and estate planning solutions, manages more than $400 million in assets. The terms of the acquisition were not disclosed, but the deal will combine Canada's largest independent trust company with Canada's largest independent investment dealer, according to reports.