Raymond James completed the acquisition of Oak Trust.

Raymond James, a Canadian arm of North American investment dealer, completed the acquisition of Oak Trust Company, a privately held, federally regulated trust company. Financial terms were not disclosed. “This acquisition is an important way to broaden our service delivery for Canadian investors and their families who require fiduciary trust services to assist them with a wide range of important needs like estate settlement, trust administration, tax efficient estate planning and power of attorney services. ” Paul Allison, Raymond James Chairman & CEO.