Raymond James celebrates anniversary of AdvisorChoice launch, reaffirms commitment to multiple affiliation options for advisors
ST. PETERSBURG, Fla. – Raymond James is celebrating its 15th anniversary of the launch of AdvisorChoice®, a comprehensive selection of affiliation options for financial advisors, ranging from traditional employee to fully fee-based RIA. Fifteen years later, Raymond James remains unique in the wealth management industry as the only firm offering a wide range of affiliation options for financial advisors.
“Allowing advisors the freedom to choose from a full spectrum of business models and the flexibility to change affiliations as their careers evolve has contributed to the firm’s low regretted attrition and ability to attract and retain some of the best financial advisors in our profession,” said Scott Curtis, president of Raymond James’ Private Client Group. “We believe in providing choice for advisors and clients, and we are proud to be the only firm continuing to offer such a distinct combination of freedom, flexibility, robust resources and high-touch support.”
Affiliation options offered through AdvisorChoice include employee advisor, independent employee, independent advisor, bank or credit union advisor, independent RIA and hybrid RIA. In 2016, Raymond James introduced the ability to affiliate as an employee advisor through Alex. Brown, a division of Raymond James & Associates.
In addition to the business platforms available, Raymond James offers advisors industry-leading technology, the ability to customize marketing and social media, a broad range of banking, capital markets and asset management support, and direct and immediate access to management and subject matter experts.
“The firm’s approach to AdvisorChoice was then, and still remains, a novel idea for advisors, and is one of the reasons we see successful recruiting results year after year,” said Curtis. “We continue to hear from advisors that the firm’s culture, advisor-focused support and financial stability make Raymond James a top destination.”
To learn more and to hear from advisors about what AdvisorChoice means to them, visit www.raymondjames.com/choice.
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 7,800 financial advisors throughout the United States, Canada and overseas. Total client assets are $785 billion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.
Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Raymond James Financial Services, Inc., member FINRA/SIPC.