- The Canadian arm of Raymond James Financial (NYSE:RJF) acquires Oak Trust Company, adding fiduciary trust services to its range of businesses.
- "It gives our advisors and portfolio managers important new trust services tools which will complement their core wealth management services and further benefit clients with more complex needs," said Raymond James Ltd. Chairman and CEO Paul Allison.
- Terms of the deal weren't disclosed.
Raymond James buys fiduciary trust services firm in Canada
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