Raymond James Sees Growth in RIA Unit; Adds Social Media, ETF Offerings
Relaunched and reinvigorated RIA custody unit has 110 RIA clients with $10 billion in AUM, adds Hearsay Social platform and 120 no-transaction-fee ETFs.
Raymond James, Wells Fargo Grab Teams From Rivals
Meanwhile, Securities America and Stratos Wealth attract groups of breakaway brokers.
Raymond James Sees 34% Jump in July AUM
Meanwhile, Charles Schwab reports $8.8 billion in net new assets for the month.
Raymond James Taps Wirehouse Talent to Boost Recruiting Team
The four new regional directors also will focus on helping RIAs and hybrid advisors grow their business, according to the company.
Raymond James Signals Big Push on RIAs, Names Van Law to Head IAD
Former Raymond James chief BD recruiter to spearhead “renewed focus” on Investment Advisors Division.
UBS Team Jumps to Independence at Raymond James
A team with $200 million in assets joins Raymond James Financial Services in Duluth, Minn.
UBS, Merrill & Raymond James Grab Top Morgan Stanley Teams
UBS attracts a Morgan Stanley team of advisors with $1.7 billion in assets, as Merrill Lynch and Raymond James attract $1 million-plus producers.
Raymond James Adds HNW Advisor From UBS
The $1 million producer is expected to join the independent channel of Raymond James with about $110 million in client assets.
Ex-UBS Chief Grano on Wirehouses: ‘They’ve Lost Their Way’
The former head of UBS-PaineWebber also says that the breakaway-broker trend is likely to continue
Raymond James Recruits Morgan Stanley, Wells Fargo FA Veterans
Raymond James announced that it has hired two Baton Rouge, La.-based financial advisors, Tom Breaux and Ian James, both of them veterans of large wirehouse firms.