Raymond James awarded dual honors for innovative technology, corporate responsibility
ST. PETERSBURG, Fla. – Raymond James was recognized with the Diversity, Equity & Inclusion Award and the Technology Innovation Award by the Bank Insurance & Securities Association (BISA). The firm was honored for its technological innovation for the tenth year and is a second-time recipient of BISA’s corporate responsibility-focused award, which it previously earned in 2018.
“Being recognized by BISA for remarkable leadership across multiple categories is an incredible honor and testament to Raymond James’ commitment to the advancement of its people, platforms and industry,” said Tim Killgoar, senior vice president and head of Raymond James Financial Institutions Division. “Ultimately, the firm’s success in key initiatives, like innovative technology and diversity, ensures our advisors continue to have every opportunity to serve and support their clients.”
The BISA Diversity, Equity & Inclusion Award recognizes the successful diversity efforts of organizations from the financial industry. The annual award was presented to Raymond James for demonstrating outstanding leadership, accountability, transparency, innovation and results in diversity management.
BISA’s Technology Innovation Award recognizes firms leading the advancement of the financial service industry’s products, services and platforms through innovative technology. This award highlights companies for their commitment to advances in technology-based solutions for the industry.
In the innovative technology category, the firm earned top honors for its Opportunities application, an interactive dashboard designed to help financial advisors predict client needs, foster stronger relationships and grow their practices. The tool combines data sources from across the firm and individual practices with machine learning to deliver actionable insights for client relationship building and business decision-making.
Fully integrated within the established Advisor Access dashboard, Opportunities analyzes firm data and an advisor’s book of business for potential touchpoints and growth opportunities. It then provides advisors with personalized client service ideas and means to take quick actions across the firm’s systems. The dashboard is versatile and customizable, supporting at-a-glance analytics and collaborative features for teams, like shared access and real-time commenting.
“Opportunities dynamically surfaces a myriad of ways for advisors to grow their practice and – more importantly – serve their clients even better,” said Vin Campagnoli, chief information officer at Raymond James. “We’re honored by BISA’s recognition and are proud of the team who developed the application and continues to drive the evolution of advisor-centric technology at Raymond James. The intuitive, interactive dashboard is the culmination of significant investment, and we’ll continue to enhance and refine its capabilities in anticipation of client and advisor needs.”
BISA has consistently recognized Raymond James for its commitment to technology-based solutions and advancements. In years prior, Raymond James won the award for the following applications and tools:
- Alerts Portal, a centralized dashboard for advisors to receive and act on various alerts enabling them to optimize workflows and better track action items that impact their clients and business
- Enhanced advisor texting, seamless texting capabilities from the award-winning Advisor Mobile application for advisors communicating with existing and prospective clients
- Portfolio Management, a custom application that empowers advisors to construct and analyze their custom investment portfolios in a streamlined workspace
- Product Catalog, which allows advisors to analyze and compare financial product data from 21 sources in a centralized location
- Advisor Mobile, a sophisticated mobile app that allows advisors to access and manage client account information on the go – anywhere, anytime
- Client Reporting, which brings together client data in easy-to-read, customized reports for personalized client review experiences
- Account Aggregation, a tool that enables clients to connect external account information
- Client Center, a highly integrated system designed to help advisors manage client relationships
- Goal Planning & Monitoring, the firm’s integrated retirement planning software for analyzing and achieving client goals
Raymond James was recognized with these awards at BISA’s annual convention on March 1 in Miami Beach, Florida.
About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.
About Raymond James Financial Services
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with approximately 8,700 financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.22 trillion as of Jan. 31, 2023. Additional information is available at raymondjames.com.
The Bank Insurance & Securities Association (BISA) Technology Innovation Award is designed to recognize leadership in the advancement of the financial services industry’s products, services and platforms through technology innovation. This award highlights companies for their commitment to advancements in technology-based solutions for the industry. Candidacy for the (2023) Technology Innovation Award is limited to products launched in 2022 and is open to BISA Leadership members, as well as Associate and Associate Plus members. The award is not representative of any one client’s experience, is not an endorsement, and is not indicative of an advisor’s future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award. BISA is not affiliated with Raymond James.
The Bank Insurance & Securities Association (BISA) Diversity, Equity & Inclusion Award is designed the successful diversity efforts of organizations from the financial industry. This award highlights companies for their demonstration of outstanding leadership, innovation and results in diversity management. Candidacy for the (2023) Diversity, Equity & Inclusion Award is open to BISA Leadership members, as well as Associate and Associate Plus members. The award is not representative of any one client’s experience, is not an endorsement, and is not indicative of an advisor’s future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award. BISA is not affiliated with Raymond James.