Freedom is a discretionary, turnkey account offering six professionally designed asset allocation models, automatic fund selection and annual rebalancing. All of these portfolios are carefully chosen and constructed by Raymond James’ experts and require a minimum account size of $50,000. To learn more, visit rjfreedom.com.
Fee-Based Programs
With a wealth of fee-based programs available through Raymond James Asset Management Services, it’s easy to create a solution for every investor’s needs. Your clients will have the choice of managing their own assets, letting you manage them or leveraging a third party.
Our team of carefully screened portfolio managers serves as one of your most valuable resources. With as little as $100,000, your clients can access nationally recognized portfolio managers who normally require account minimums of $5 million or more. These managers can develop programs to fit your clients’ individual needs, from conservative fixed income to more aggressive growth equity portfolios.
In addition to extensive educational training, dedicated sales support and proposals that can be customized with a wide range of helpful exhibits, we allow the aggregation of fees between various accounts, enabling you to offer competitive pricing to your clients regardless of which money managers you prefer.
Managed Accounts
The Raymond James Asset Management Group offers a wide variety of managed account options founded on institutional-quality investment management principles, including forward-looking risk and return assumptions and advanced manager research techniques:
Freedom Account*
Raymond James Consulting Services
Raymond James Consulting Services (RJCS) brings an institutional focus to portfolio management for individual clients. Using rigorous due diligence to select and retain skilled managers while identifying active risk, we help you construct portfolios with a combination of managers and styles to fit the diverse needs of investors.
RJCS has a $100,000 minimum for most equity disciplines; far below the managers’ normal minimums for separately managed accounts. The sub-advisor firm selected makes all investment decisions regarding RJCS accounts. Visit raymondjames.com/rjcs to learn more.
Outside Manager Program
If you have an existing relationship with a money manager not currently approved by Raymond James, we can often help you continue the relationship.
The Outside Manager Program is designed to assist advisors in maintaining third-party-manager relationships in a wrap-fee format when joining Raymond James from another firm. After screening a requested money manager, Raymond James may establish an operational and custodial relationship with that manager in order to make your transition as seamless as possible for your clients.
* In an asset-based fee relationship, clients pay an annual fee based on the level of assets for the advice and services provided by their financial advisor as a part of the advisory relationship. By deciding to pay a fee for these services rather than commissions, they must be made aware that the fee may be higher than the cost of a commission alternative during periods of lower trading activity.
Clients must understand that the annual advisory fee charged in fee-based accounts is in addition to the management fees and operating expenses charged by open-end, closed-end and exchange-traded funds. To the extent that clients intend to hold fund shares for extended periods of time, these internal fund expenses should be added to the annual advisory fee when evaluating the costs of the account. Additionally, certain mutual fund families impose short-term trading charges (typically 1 to 2% of the original amount invested) which are generally not waived for fee-based accounts.
Non-Managed Accounts
When clients trust you to manage their assets, our fee-based alternative gives you the flexibility to choose from an extensive investment variety – stocks, bonds, load and no-load mutual funds and more. Whether you prefer a platform that allows you the flexibility to customize almost every facet of the account or opt to have Raymond James take care of the details, it’s your choice.