Raymond James is increasing its wealth administration enterprise in Canada, with plans to type a belief firm in Montreal, Quebec.
If regulators approve the brand new unit, will probably be known as Raymond James Belief (Quebec), and supply “built-in property/succession, belief and energy of legal professional/mandate providers” to its greater than 1,400 advisors and portfolios managers within the nation.
“It offers our Quebec-based advisors and portfolio managers an necessary new service device which can complement their core wealth administration providers and additional profit purchasers with extra complicated wants,” mentioned Paul Allison, chairman and CEO of Raymond James Ltd., the agency’s Canada arm.
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