Fiduciary Trust Company of Canada

What Fiduciary Trust Company of Canada does

Fiduciary Trust Company of Canada (FTCC) is a Toronto-based, privately held Canadian trust company founded in 2001 and operating as a wholly-owned subsidiary of Franklin Templeton. The firm provides specialized trust and estate administration, discretionary investment management, and wealth planning services to High-Net-Worth Individuals and Families across Canada. Its core offerings address intergenerational wealth transfer, professional trust administration, and investment management for clients requiring fiduciary capabilities that many wealth advisory firms lack in-house.

FTCC operates a B2B/B2C hybrid model: it serves HNW families directly while also enabling other wealth managers to offer trust and estate capabilities without building their own licensed trust infrastructure. The company holds regulatory trust company permissions in Canada, which constitutes its primary structural advantage and entry barrier. Revenue mechanics are not publicly disclosed but are presumed to follow the standard Canadian trust company model of asset-based fees on administered trusts and discretionary portfolios. With 11-50 employees, FTCC operates as a specialized boutique within Franklin Templeton's broader Canadian and global footprint.

The firm is currently undergoing a change of control. On 2025-11-18, Edward Jones Canada announced an agreement to acquire FTCC from Franklin Templeton, pending regulatory approval. The transaction is intended to give Edward Jones Canada in-house trust and estate capabilities and embed them across its advisor channel. Franklin Templeton's separate U.S. affiliate, Fiduciary Trust International (New York), is not affected. Post-close, FTCC's distribution reach is expected to expand materially through Edward Jones Canada's advisor network, while its core fiduciary service offering remains unchanged.

Name

Fiduciary Trust Company of Canada

Legal name

Fiduciary Trust Company of Canada

Website

https://fiduciarytrust.ca

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Fiduciary Trust Company of Canada is a Toronto-based licensed trust company and Franklin Templeton subsidiary that provides trust administration, estate planning, and discretionary investment management services to Canadian High-Net-Worth Individuals and Families, currently pending acquisition by Edward Jones Canada.

Ownership category

akta.pro rank

Product category

Wealth Management and Trust Services

akta.pro primary industry

Personal Trust & Fiduciary Administration (FSAEAKAA)

akta.pro secondary industries

Fiduciary Investment Management (Trust Portfolios) (FSAEAKAI), Personal & Family Trust Services (FSAAANAA), Family Office Trust & Fiduciary Services (FSAEAKAF)

Keywords

• Trust administration services
• Estate planning services
• Discretionary investment management
• Wealth management services
• Intergenerational wealth transfer

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Core offering

Fiduciary Trust Company of Canada provides trust and estate administration, estate planning, and discretionary investment management services to high-net-worth individuals and families across Canada. The firm enables intergenerational wealth transfer and offers specialized trust capabilities that wealth management firms can leverage when they lack in-house expertise.

Differentiator

Problem solved

Functional benefit

Products and services

• Trust and Estate Administration

Quantifiable outcome

• Targeting share of $1.2 trillion wealth transfer expected over next eight years in Canada

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Edward Jones CanadacoreStrategic or Co-development Partner · 18 November 2025Edward Jones Canada has entered into an agreement to acquire Fiduciary Trust Company of Canada from Franklin Templeton. The transaction is subject to regulatory approval. This acquisition will enable Edward Jones to establish in-house trust and estate planning services and expand its wealth management capabilities in the Canadian market. Fiduciary Trust International based in New York is not affected by this transaction.
• Franklin TempletoncoreOthers · 18 November 2025Franklin Templeton is the parent company of Fiduciary Trust Company of Canada. It is divesting the subsidiary to Edward Jones Canada as part of a strategic transaction. Fiduciary Trust International based in New York is not affected by this transaction.

Recent moves2 records

Expansion highlights3 records

Direct peers

• CIBC Trust Corporation: CIBC's in-house trust company offering estate, personal trust, and custodial services to Canadian HNW clients, directly comparable to FTCC's core trust and estate offering.
• Scotiabank (Scotia Wealth) Trust: Scotia Wealth's trust services group offers estate, personal trust, and discretionary wealth management to HNW Canadian clients, providing another large-bank incumbent comparable to FTCC.
• BMO Trust Company: Bank-owned Canadian trust company providing personal, corporate, and estate trust services alongside wealth management — directly competes with FTCC for HNW trust and estate mandates in Canada.
• Manulife Trust Company: Canadian trust company affiliated with Manulife providing trust, estate, and investment solutions to individuals and advisors — overlapping closely with FTCC's trust and discretionary offering.
• RBC Royal Trust: One of Canada's largest trust companies, offering personal trust, estate administration, and discretionary investment services to HNW clients through RBC's wealth platform. Closest incumbent competitor to FTCC in the Canadian market.
• TD Wealth Trust Services: Trust and estate services arm of TD Wealth providing personal trust, estate administration, and investment management for Canadian HNW families, competing in the same segment as FTCC.

Broad incumbents

• Edward Jones Canada: Canadian wealth advisory franchise acquiring FTCC; offers wealth planning and investment services but lacks in-house trust capabilities — the strategic acquirer and future distribution channel for FTCC's services.
• Fiduciary Trust International (Franklin Templeton): US-based sibling trust company under Franklin Templeton providing similar trust, estate, and investment management services; while not directly competing in Canada, it shares the same parent and operating model.

Emerging players

• Fidelity Canada: Canadian wealth and investment management platform offering HNW planning and trust-adjacent services, serving as a partial competitor for HNW wealth relationships in Canada.

Regional players

• Connor, Clark & Lunn Private Capital: Canadian private wealth firm offering discretionary investment management and estate planning for HNW families; overlapping with FTCC's discretionary management and wealth planning offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/fiduciary-trust-co-of-canada

Revenue estimate

Valuation estimate

Number of profiles

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 Fiduciary Trust Company of Canada