Paul Allison of Raymond James is on Wealth Professional Canada's Hot List of 2015.
Allison’s time at the helm of Raymond James’ Canadian operation increasingly speaks for the group’s future. The independent dual US-Canadian firm just acquired ETF provider Cougar Asset Management. The deal will help Raymond James advisors manage the new CRM2 era. Not that the network needs help – in the latest quarter, net revenue grew 6% to hit $1.25 billion on income of $126.3 million. Pre-tax income of $202.9 million also increased 13% over the prior year’s fiscal first quarter, resulting in a pre-tax margin on net revenues of 16.2% for the quarter.
