Story perspectives

Edward Jones Canada Acquires FTCC to Boost Wealth Management

11/22/2025

Summary

Story summary

Edward Jones Canada plans to acquire Fiduciary Trust Company of Canada (FTCC) from Franklin Templeton.
The deal expands Edward Jones Canada's wealth management for high-net-worth clients.
FTCC manages $1.5 billion and adds trust, estate, and discretionary investment capabilities.
Edward Jones has shifted toward high-net-worth clients, growing assets from $30 billion in 2018 to $70+ billion.
The acquisition is part of a strategy to become a comprehensive Canadian financial planning firm.

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Story summary

Edward Jones Canada plans to acquire Fiduciary Trust Company of Canada (FTCC) from Franklin Templeton.
The deal expands Edward Jones Canada's wealth management for high-net-worth clients.
FTCC manages $1.5 billion and adds trust, estate, and discretionary investment capabilities.
Edward Jones has shifted toward high-net-worth clients, growing assets from $30 billion in 2018 to $70+ billion.
The acquisition is part of a strategy to become a comprehensive Canadian financial planning firm.