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Stock impact report

Raymond James acquires trust company, plans estate-planning division [Toronto Globe and Mail (Ontario, Canada)]

Raymond James Financial, Inc. (RJF) 
Last raymond james financial, inc. earnings: 4/29 04:35 pm Check Earnings Report
US:NYSE Investor Relations: raymondjames.com/investor-relations
Raymond James acquires trust company, plans estate-planning division Investment dealer Raymond James Ltd., based in Toronto, is acquiring London, Ont.-based Oak Trust Co. as part of a strategy to help clients with estate planning and settlement. Cole Burston/Getty Images Investment dealer Raymond James Ltd., based in Toronto, is acquiring London, Ont.-based Oak Trust Co. as part of a strategy to help clients with estate planning and settlement. Investment dealer Raymond James Ltd. is acquiring a Canadian trust company as part of a strategy to better help clients move wealth from one generation to the next and better compete with the country’s banks. Raymond James is expected to announce the acquisition of London, Ont.-based Oak Trust Co. on Tuesday, a move the Toronto-based buyer said will make it the first non-bank-owned brokerage house in Canada to offer countrywide trust services. Oak Trust has a federal licence and focuses on estate planning and settlement. The new owners plan Show less Read more
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