Raymond James in Canada
Our History
Our roots run deep into Canadian financial history, with many of the country's leading firms eventually becoming Raymond James Canada.
MacDougall & MacDougall founded in Montreal, almost 20 years before Confederation. With its beginnings as financial advisors to merchant marine captains, the firm goes on to play an important part in the history of Canadian finance, including its pivotal role in the founding of the Montreal Stock Exchange
Hector M. Chisholm & Co. founded in Toronto
J.L. Goad & Co. founded
McDermid, Miller & McDermid founded
MacDougall & MacDougall combines with Stuart MacTier to create MacDougall, MacDougall & MacTier Inc. – “the 3Macs” is born
St. Lawrence Securities created as the successor to J.L. Goad
McDermid, Miller & McDermid amalgamates with St. Lawrence Securities, forming McDermid St. Lawrence Securities
McDermid St. Lawrence Securities merges with Hector M. Chisholm & Co.
Goepel Shields combines with McDermid St. Lawrence Securities forming Goepel McDermid
From the period spanning 2001 to 2016, the foundations were laid for the modern-day firm, with rapid growth in assets under administration fueling our success.
On Jan 1, 2001, Goepel McDermid joins forces with Raymond James Financial, creating our modern-day firm – Raymond James Ltd. – a major milestone in our history
Assets under Administration in 2001: C$4.5bn
Assets Under Administration in 2006: C$10bn
Our total number of advisors in Canada crosses 400
Montreal corporate branch opens
Raymond James Ltd. establishes The Raymond James Canada Foundation, to support our philanthropic programs
Acquisition of Allied Irish Bank’s Canadian platform to launch Raymond James Bank in Canada
We launch Raymond James (USA) Ltd. (RJLU), a Canadian-based US-registered investment firm offering specialized advice to Americans living in Canada and Canadians living in the US for their cross-border investment needs
Assets Under Administration in 2012: C$20bn
We launch the Women Canadian Advisors Network, a resource group that supports the growth and development of female financial advisors
Raymond James Correspondent Services (RJCS) launches, providing clients with custodial and clearing services
We launch RJCares, our community volunteering and fundraising program
We add our 1,000th associate in Canada
The year 2016 was a pivotal moment for the company, as our combination with 3Macs created a financial powerhouse in Canada that would see assets under administration nearly triple in a decade, solidifying our position as the leading independent financial services company in Canada.
Raymond James Ltd. combines with 3Macs, to create Canada’s largest independent financial services firm with C$33bn in assets under administration
Raymond James Ltd. establishes Raymond James Investment Counsel (RJIC) as part of the 3Macs acquisition
Raymond James named among Canada’s Top 100 Employers
Raymond James Financial joins the Standard & Poor’s 500 index
Assets Under Administration in 2017 = C$40bn
Raymond James Ltd. launches Quebec Trust Co. subsidiary
Raymond James Memorial Fund launches
Raymond James acquires federal trust license through the acquisition of Oak Trust Co
Raymond James Trust (Canada) registered to offer fiduciary trust services across five provinces
Our inaugural certification for a Great Place to Work
Assets Under Administration in 2020 = C$53bn
Raymond James Ltd. marks 20 years as a Canadian brand
Raymond James Trust (Canada) and Solus Trust Co. Ltd. complete merger
Our total number of associates in Canada crosses 2,000
Our total number of advisors in Canada crosses 500
Assets Under Administration in 2025 = C$88bn+
AUA almost triples in 10 years