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.
13 Best & Worst Broker-Dealers: Q3 Earnings, 2013
Some of the largest companies turn in unexpectedly weak results, with one BD reporting its first loss under its star CEO.
Raymond James Tops Estimates as Profits Grow 40%
The firms says its operations are being helped by improved efficiency, especially in the IT area.
Raymond James Sees 34% Jump in July AUM
Meanwhile, Charles Schwab reports $8.8 billion in net new assets for the month.
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.
Raymond James Posts Mixed October Results; Keegan Deal Hikes Production
Fees and commissions drop slightly in October from the prior month, but rise year over year thanks to the Morgan Keegan deal and other factors
Raymond James’ Helck on Fiduciary Standard: ‘No Problem,’ but ‘Devil in the Details’
The head of Raymond James’ Private Client Group worries that the ’40 Act “doesn’t work” when it comes to non-discretionary accounts, so need exists to write new fiduciary rules.
Raymond James Shows Morgan Keegan Effect on April Results for FAs
The combined advisor force generated more than $250 million in total fees and commissions with Morgan Keegan FAs adding nearly 25% boost.
New Hire Roundup: TD Ameritrade Institutional Welcomes Gaze
This week in new hires, Christine Gaze joined TD Ameritrade Institutional, Robert Bernstein went to Windham Capital and Raymond James confirmed the appointment of John Carson as president of its board.