Raymond James to deliver robo service for advisors by year end
Investment News | January 30, 2017
Called “Connected Advisor,” the system will integrate with the independent broker-dealer's other digital tools, such as data aggregation. Raymond James will not charge advisers more to use the digital advice platform, so it will be up to advisers to decide whether they adjust their fees for clients who use the automated tool. Raymond James, which spends about $250 million a year on technology, developed its digital advice tool over the past three to four years.
Amid slowdown, Raymond James recruits more adviser teams
Investment News | July 21, 2016
Raymond James Financial Inc. rose above rivals in attracting financial advisers amid a slowdown in recruitment during the second quarter. The brokerage firm picked up almost $1.9 billion in assets through the recruitment of eight teams, while losing none, according to data gathered by InvestmentNews.
Client-Centric CEO: Raymond James’ Paul Reilly
Think Advisor | May 23, 2016
In the latest interview with top leaders of the wealth management industry, Research spoke with Paul Reilly, CEO of Raymond James Financial, about his career, his company and his philosophy.
Raymond James Grows Revenue and Profit
Financial Advisor IQ | April 21, 2016
The brokerage earned $125.8 million in the quarter ending and revenues was also up, reaching $1.34 billion. Raymond James CEO Paul Reilly said in a statement that he expects growth to continue, boosted by a “strong recruiting pipeline”.
Is Raymond James Winning the BD-Culture Wars?
Financial Advisor IQ | February 10, 2016
In explaining Raymond James Financial’s recent success stories of attracting advisor teams – from new recruits to headhunters, the company itself says it comes down to one big thing: the culture.