12 Best & Worst Broker-Dealers: Q1 Earnings, 2015
Here’s how some of the biggest firms’ earnings compared over the first quarter.
Black Financial Advisors Network Launched at Raymond James
A “grass-roots” effort is designed to help recruit more black advisors to Raymond James, and provide support and mentoring to existing advisors.
Raymond James Hits Revenue Milestone as Profits Improve 7% in Fiscal Q2
Total number of advisors in the Private Client Group reached record 6,384, but assets grew faster than headcount.
Ex-NFL Player Accused of Ponzi Scheme: SEC
A former New England Patriot and a partner are accused of bilking investors who thought they were funding loans to pro athletes.
Raymond James' Execs Share Aims at Confab
Raymond James defines itself by its conservative approach to the financial-advice business, and its executives stressed this point when discussing possible acquisitions during the independent channel's national conference held recently in Washington, D.C. When it comes to the advisor space, “We do not want to make transformative acquisitions,” explained CEO...
Raymond James CEO Defends Fee Changes, Not Looking to Do Something ‘Cool’
CEO Paul Reilly also explains "schizophrenic" approach to mortgage products at Raymond James conference.
Raymond James Exec: No Big Merger
Raymond James Financial Services President Scott Curtis also describes the independent broker-dealer's legislative, IT and other aims at national confab.
Raymond James Reports Big Jump in Private-Client Profits: Q1 Earnings
Overall, the company's earnings miss estimates, but beat on sales of $1.2 billion
New Hire Roundup: Charlson to Head Morningstar Alternative Funds Research
Meanwhile, the American Benefits Council names new board members and officers, and CFPB adds experts to senior posts.
In Surprise, Helck to Retire From Raymond James
Chet Helck, CEO of Raymond James’ Global Private Client Group and a company board member, said on Jan. 9 that he will retire in February. He has been with the firm for 25 years and will stay on as a special advisor through year-end as needed.