Your goals are unique, and the services we offer to support them are just as distinctive. Here, there's no "one size fits all" approach to planning, because no two clients have exactly the same needs. As Raymond James advisors, we can offer a vast array of high-quality, carefully selected services designed to meet your specific needs and objectives, whether they include managing your wealth, preserving your wealth, building your legacy, or all three.
Addressing the complexities of wealth in today's markets requires professional guidance, a disciplined process, and access to an extensive set of product and service strategies. We can provide direction in implementing not only traditional investment strategy but also more sophisticated investment alternatives – both now and as your life and objectives change over time. Depending on your circumstances and goals, these may include:
Professional Asset Management that utilizes advanced asset allocation techniques and carefully selected money managers across a range of equity and fixed income disciplines. The extensive research and resources of the Raymond James Asset Management Group and our own dynamic consulting process provide you with an institutional-quality portfolio specifically designed to help achieve your long-term financial goals.
Alternative Investments such as real estate, private equity, commodities, managed futures, structured products and hedge funds. The Raymond James Alternative Investments Group reviews and selects investments in this category, which can add diversification to portfolios, offer enhanced return potential and provide access to exclusive investment talent.
Alternative investments involve specific risks that may be greater than those associated with traditional investments and may be offered only to clients who meet specific suitability requirements, including minimum-net-worth tests.
Corporate Services that provide corporate executives and business owners with specific strategies to the challenges of managing a company, often the most important asset you own. We can provide guidance ranging from selecting an appropriate employee retirement plan to assisting growth companies in attracting capital. Additionally, Raymond James is a leading investment bank that offers advisory services related to public offerings, mergers and acquisitions, and restructurings.
Credit, Lending and Cash Management that deal with both sides of your personal balance sheet, including your borrowing and cash management needs. Through Raymond James, we offer personal lines of credit, mortgages and investment accounts with check writing, online bill payment, enhanced reporting and more. We also can assist you in evaluating short-term interest-bearing instruments such as brokered certificates of deposit, money market funds and cash sweep options.
The personal line of credit is through a margin account. Borrowing on margin and using securities as collateral may involve a high degree of risk. Market conditions can magnify any potential for loss. If the market turns against the investor, he or she may be required to deposit additional securities and/or cash in the account. The securities in the account may be sold to meet the margin call, and the firm can sell investors' securities without contacting them. The interest rates charged are determined by the amount borrowed.
Raymond James & Associates, Inc. and Raymond James Financial Services, Inc. are affiliated with Raymond James Bank, member FDIC, a federally chartered savings bank. Products, terms and conditions subject to change. Subject to standard credit criteria. Property insurance required. Flood insurance may be required. Unless otherwise specified, products purchased from or held at affiliated Raymond James Financial, Inc. companies are not insured by the FDIC or any other government agency; are not deposits or other obligations of Raymond James Bank; are not guaranteed by Raymond James Bank; and are subject to investment risks, including possible loss of the principal invested.
While all investors want to see their assets grow, capital preservation and risk management take on extra importance when you reach a certain level of wealth. Maintaining your standard of living, providing for your family, generating income with minimal tax consequences, safeguarding your wealth against unexpected events – these concerns have taken center stage. With access to extensive resources and specific expertise, we can help with all these issues – and others that may arise. Our services include:
Asset Allocation – Asset allocation has been shown repeatedly to be the most important single determinant of overall investment performance – and risk.* Choosing the right mix of asset classes also can reduce portfolio volatility significantly. We will make asset allocation a key component of your investment strategy, selecting a mix of asset classes that reflects your specific financial objectives, time horizon and tolerance for risk.
*Asset allocation does not guarantee a profit or protect against a loss.
Concentrated Equity Positions – Family wealth is often concentrated in a single stock, either inherited or earned during a successful business career. If you're in this situation, there are many choices available to you beyond simply holding or selling the stock. Although reducing the inherent risk of a concentrated equity position can be complicated, we have access to specialists at Raymond James who can provide a variety of solutions that can hedge, monetize, diversify or transfer the position while managing the tax implications.
Insurance – Insurance can play a key role in protecting your wealth and providing for the ongoing needs of your family. We can work with the specialists in our wholly owned affiliate, Raymond James Insurance Group, to determine the types and degree of insurance protection best suited to your specific requirements. Raymond James provides access to a full range of products, from disability and long-term care to term and permanent life insurance policies for both personal and business needs. Depending on your specific situation, insurance strategies may also provide you with tax and wealth transfer benefits.
Tax-Managed Investments – Wealth and taxes are inextricably linked, and erosion of net investment gains due to taxes is a real risk to sustaining wealth. Considering tax-advantaged investments, such as municipal bonds and the tax impact of specific transactions, can have a significant effect on what you pay and what you keep. We can also provide a custom analysis of all your investments – no matter where they are held – and help you structure a portfolio that reflects your specific tax profile.
While interest on municipal bonds is generally exempt from federal income tax, it may be subject to the federal alternative minimum tax, or state or local taxes. In addition, certain municipal bonds (such as Build America Bonds) are issued without a federal tax exemption, which subjects the related interest income to federal income tax. Also, municipal bonds may be subject to capital gains taxes if sold or redeemed at a profit.
One of the most rewarding aspects of substantial wealth is being able to share it with others. Working with your legal and tax professionals, we can help develop a plan that enables you to maintain the lifestyle you deserve now while also building a financial legacy.
Estate Planning – A carefully crafted estate plan allows you to control your assets while passing your wealth on to your beneficiaries efficiently and in a manner that reflects your personal values and objectives. Raymond James provides a range of consulting services to help you and your advisor develop a customized estate plan, including wealth replacement strategies, complete trust services, tax strategies and more.
Trust Services – As Raymond James advisors, we have access to the professionals at Raymond James Trust N.A., who have extensive experience with individual trusts, as well as living, charitable remainder, life insurance, specialty and IRA rollover trusts. We can work with them to develop personalized solutions to your specific needs that also provide you with the objectivity and resources of a corporate trustee.
Charitable Giving – When it's strategically executed, charitable giving can not only help the organizations you choose, but can also generate personal tax benefits and advance your overall wealth management plan. We can help you accomplish these goals with strategies that include private family foundations, charitable remainder trusts, charitable lead trusts, charitable gift annuities, and pooled-income and donor-advised funds.
Education Funding – Funding a child or grandchild's higher education may be a personally rewarding use of your wealth. We can provide you with options for helping those you cherish that include custodian accounts for minors, section 529 college savings plans, sophisticated trust solutions and more.
Wealth flows from energy and ideas.William Feather