Home Breadcrumb caret Industry News Breadcrumb caret Industry Raymond James adding trust company services in Quebec Firm aims to broaden offering with estate, trust and power of attorney services By Staff | May 6, 2019 | Last updated on May 6, 2019 1 min read Raymond James Ltd. announced on Monday it has applied to establish a trust company based in Montreal. The new subsidiary, which still requires regulatory approval, will be called Raymond James Trust (Quebec). The addition would make Raymond James the first non-bank-owned investment dealer to offer estate/succession, trust and power of attorney/mandate services, the firm said in a release. Paul Allison, chairman and CEO of Raymond James Ltd., called the move an “important first step to broaden our service offering.” In a statement, Allison said, “It gives our Quebec-based advisors and portfolio managers an important new service tool which will complement their core wealth management services and further benefit clients with more complex needs.” Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo