Solus Trust

What Solus Trust does

Solus Trust Company is a federally chartered, non-deposit taking trust company regulated by the Office of the Superintendent of Financial Institutions (OSFI) in Canada. Founded in 2005 and headquartered in Toronto, the company provides professional estate and trust services — specifically Trustee, Power of Attorney, and Executor services — to high-net-worth individuals and families. The firm positions itself as an independent and impartial fiduciary, explicitly refusing to cross-sell other financial products (the name "Solus" means "only" in Latin) and instead partnering with clients' own financial advisors, lawyers, and accounting professionals to deliver holistic estate and legacy planning solutions. Service delivery is conducted through a network of qualified trust professionals located across four Canadian regions: British Columbia, the Prairie Region, Ontario, and Quebec.

The company's business model is professional services fee-based, with charges determined on a case-by-case basis depending on the complexity and scope of trust mandates. Engagement is typically structured as multi-year fiduciary relationships rather than transactional sales, and client acquisition is driven by professional advisor referrals and direct relationships rather than marketing-led demand generation. The firm supplements this referral-driven model with educational content and a Client Insights webinar series covering cross-border planning, tax, retirement, and security topics. Solus Trust operates as an affiliate of Raymond James Ltd. following its acquisition by Raymond James Financial, and the company is privately held with no public revenue, AUM, or financial disclosures available. There is no proprietary technology platform; service delivery is grounded in qualified human trust professionals with academic and industry accreditations.

Name

Solus Trust

Legal name

Solus Trust Company

Website

https://solustrust.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Solus Trust Company is a federally chartered Canadian trust company providing Trustee, Power of Attorney, and Executor services to high-net-worth individuals and families. Operating as an independent, non-cross-selling affiliate of Raymond James Ltd., it serves clients across Canada through qualified trust professionals.

Ownership category

akta.pro rank

Product category

Trust and Estate Services

NAICS

Trusts, Estates, and Agency Accounts (525920), Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (52592)

SIC

Finance Services (6199)

akta.pro primary industry

Personal Trust & Fiduciary Administration (FSAEAKAA)

akta.pro secondary industries

Personal & Family Trust Services (FSAAANAA), Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF)

Keywords

• Trust services
• Estate administration
• Fiduciary services
• Executor services
• Power of attorney

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Trust and Estate Services: Professional estate and trust services including Trustee, Power of Attorney, and Executor services. Revenue is generated through fees for fiduciary services rendered to individuals and families, typically on a contractual or ongoing service basis.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Solus Trust Company is a federally chartered, OSFI-regulated trust company that provides professional personal trust and estate services to individuals and families across Canada. Its core offerings are Trustee, Power of Attorney, and Executor services delivered by qualified trust professionals in British Columbia, the Prairie Region, Ontario, and Quebec. The firm operates an independent, impartial model and does not cross-sell any other financial products.

Product overview

Solus Trust Company is a federally chartered trust company regulated by OSFI that provides a unified suite of personal estate and trust services. The core offering consists of Trustee, Power of Attorney, and Executor services, all delivered through a network of qualified trust professionals located across Canada. The company operates an independent and impartial approach, focusing exclusively on personal trust and estate services without cross-selling other financial products.

Differentiator

Problem solved

Functional benefit

Products and services

• Trustee Services Professional trustee services where Solus Trust acts as Trustee for clients, providing expertise in managing and distributing assets according to the terms of the trust. Designed for individuals and families seeking impartial fiduciary support for wealth transfer and legacy planning.
• Power of Attorney Services Designated attorney services to act on behalf of clients in financial and legal matters as needed.
• Executor Services Professional executor services to manage and settle estates according to clients' wishes and legal requirements.
• Estate & Trust Solutions Comprehensive estate and trust solutions built around the three core fiduciary roles — Executor, Trustee, and Power of Attorney — designed to help clients transfer wealth and create lasting legacies. Delivered through qualified trust professionals across Canada in partnership with clients' own financial advisors, lawyers, and accountants.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• CIBC Trust Corporation: CIBC's trust subsidiary providing estate, trust, and Power of Attorney services to Canadian HNW families. Comparable fiduciary product set to Solus Trust, though integrated into a full-service bank.
• Scotia Wealth Private Trust (Scotiatrust): Bank of Nova Scotia's trust and estate services unit providing personal trust, Executor, and Trustee services to HNW clients in Canada. Competes directly with Solus Trust for personal estate mandates, with cross-product banking synergies.
• RBC Royal Trust: Trust subsidiary of Royal Bank of Canada offering personal trust, estate administration, and Executor/Trustee services nationally. Comparable service lines to Solus Trust but backed by Canada's largest bank with full cross-sell capabilities and balance sheet.
• National Bank Trust (National Bank Investments): Trust services arm of National Bank of Canada providing estate and personal trust solutions to Quebec and broader Canadian HNW clients. Overlaps with Solus Trust's Quebec region service coverage and personal trust product set.
• BMO Trust Company: Bank-owned Canadian trust company providing personal trust, estate, and Power of Attorney services to HNW clients. Directly comparable to Solus Trust on fiduciary offerings, but operates as part of BMO's broader banking and wealth platform and can cross-sell products, unlike Solus.
• TD Wealth Private Trust: Toronto-Dominion Bank's personal trust and estate services arm serving HNW clients across Canada. Directly overlaps with Solus Trust on Executor, Trustee, and POA mandates but operates inside a multi-product banking group.
• Manulife Trust Company: Canadian trust subsidiary of Manulife providing estate, trust, and fiduciary services to individuals and families. Comparable to Solus Trust on personal trust mandates, but part of a major insurance and wealth group.

Direct peers

• Conterra Trust (Conterra Fiduciary Trust): Independent Canadian trust company offering personal trust and estate services to HNW individuals. Closest comparable to Solus Trust as a focused, non-bank fiduciary specialist serving HNW families across Canada.

Emerging players

• AGF Management (Private Client & Trust Services): Canadian wealth and asset manager with private client services that intersect with estate and trust planning for affluent families. Partial overlap with Solus Trust's HNW estate mandate focus, but broader investment-management oriented.
• Connor, Clark & Lunn Private Capital (Estate & Trust Services): Canadian private investment and wealth management firm offering estate- and trust-adjacent services to HNW families. Compares to Solus Trust on serving HNW legacy planning needs, though more investment-focused than pure fiduciary.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solus Trust