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Fasken Martineau helps MacDougall, MacDougall & MacTier Inc. and Raymond James Ltd. create Canada’s largest independent investment dealer

Reading Time 2 minute read


Toronto (Canada) – Fasken Martineau, a leading international business law and litigation firm, is pleased to announce its role in helping create Canada’s largest independent investment dealer with more than CDN $34 billion in client assets under the administration of more than 440 advisors and portfolio managers, by advising MacDougall, MacDougall & MacTier Inc. (“3Macs”) on its acquisition by Raymond James Ltd. (“Raymond James”).

A respected investment firm founded in 1849 before Canada’s Confederation, 3Macs complements Raymond James Ltd.’s existing private client business by adding 72 advisors who manage more than CDN $6 billion of client assets on behalf of individuals and families. Following the closing, 3Macs will continue to operate under the 3Macs brand as a division of Raymond James.

“This transaction provides a great example of how our Toronto and Montreal offices can combine their collective expertise in a number of diverse areas of the law to meet the needs of any client, at any scale,” said David Hausman, Fasken Martineau partner in Toronto.

Fasken Martineau advised MacDougall, MacDougall & MacTier Inc. on the transaction, with a team led by Aaron Atkinson including David Steinhauer, Constantinos Ragas, Alexandra Lazar and Matthew Quadrini (M&A); Chris Steeves and Corum Van Esch (Tax); Karen Sargeant (Employment); François Brais and Élise Renaud (Regulatory); David Hausman and Stéphanie Lapierre (Litigation).

About Fasken Martineau

Fasken Martineau is a leading international business law and litigation firm. With more than 700 lawyers, the firm has offices in Vancouver, Calgary, Toronto, Ottawa, Montréal, Québec City, London and Johannesburg. For additional information, please visit the firm's website at


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