Raymond James Tops Estimates as Profits Grow 40%
The firms says its operations are being helped by improved efficiency, especially in the IT area.
Not Enough Women in the Industry: Raymond James Execs
Leaders outline some short-term steps the firm is taking to raise its long-term number of female reps.
Raymond James Taps Morgan Stanley Manager for San Diego Post
The broker-dealer hires the wirehouse veteran to boost its employee advisor channel in Southern California and also releases August performance figures.
Wells Adds 5 Advisors, Nearly $1B in Assets From Rivals
In addition, Securities America adds an advisor with $137 million in assets from Financial Telesis.
13 Best & Worst Broker-Dealers: Q2 Earnings, 2013
Some large organizations kept up their momentum, while smaller BDs showed both weaker than expected and surprisingly strong results.
Raymond James Sees 34% Jump in July AUM
Meanwhile, Charles Schwab reports $8.8 billion in net new assets for the month.
Raymond James Appoints Exec to New Private Client Role
David Patchen, a regional director, will head up advisor education and practice managment initiatives.
Stifel Beats Estimates on Solid Private-Client Results
The company has nearly 2,070 advisors, who produce the majority of its new revenue as of the second quarter.
Raymond James Posts 'Modest Improvement' in Private-Client Results
Fees & commissions for its 6,300 reps are up 2% from last quarter and 8% from last year to $615 million.
Raymond James Improves Securities Results in May
Fees and commissions rise nearly 9% from April for its more than 6,200 financial advisors.