Comprehensive Solutions. Integrated Execution.
The Corporate & Executive Services team at Raymond James endeavors to provide industry leading services to our corporate clients. When you work with our team, you’ll find more than just executional expertise and deep knowledge of the institutional investor universe. You’ll discover a ... Read More
The Raymond James Corporate & Executive Services team provides a comprehensive range of execution and advisory services spanning our clients’ business life cycle. Regardless of where you are in your evolution, we are confident there is a place for Raymond James to help.
Click on the services below for a more in-depth description.
Directed Share Programs
A Directed Share Program allows the issuing company in an equity offering the opportunity to reserve and distribute a portion of the shares to individuals with a relationship to the company (officers, directors, family members, employees and other strategic relationships). Including a DSP in the offering provides another channel for distribution while rewarding those closest to the company with access that is typically hard to obtain otherwise. Our team has coordinated numerous DSPs and our efforts allow management to focus on executing the offering while we ensure a successful experience for participants.
Corporate Executive Education
Navigating the intricacies of compensation awards and insider trading regulations can be a daunting task. Our team of specialists is available to host educational workshops to empower public company executives and employees to make informed decisions concerning their equity compensation and employer stock holdings. Common educational workshop topics include Equity Compensation Planning, Employer Stock Concentration Management and Insider Trading Rules and Regulations.
Equity Compensation Plan Administration
Raymond James provides comprehensive equity compensation plan administration to our clients. Our platform includes interfacing with the company for tax, payroll, legal and communication processes. Our team can facilitate cashless option exercises in addition to vesting date sales to cover tax withholdings. All trade executions are routed to our dedicated trading team which is focused solely on handling public company and corporate executive trade executions.
Financial Sponsor Support Services
Raymond James supports financial sponsors seeking solutions associated with publicly traded holdings. This includes the sale of a block of stock to facilitate a cash distribution to limited partners, the distribution of stock to limited partners, coordination of post-distribution sales, hedging restricted positions and providing custody services for collateral assets.
At-the-market (“ATM”) offerings enable an issuer to sell primary shares to the public at prevailing market prices in order to raise capital on an as-needed basis. Unlike traditional offerings, ATMs provide control over the timing and amount of capital raised, allowing the issuer to increase or limit sales during periods of stock price strength or weakness. Raymond James customizes each ATM execution to meet the issuer’s needs promptly and efficiently.
Affiliate & Shareholder Block Transactions
Our team is available to assist with the sale of large blocks of stock for company insiders or other shareholders. Raymond James’ access to dark pools, algorithms, and electronic trading systems allows our team to source a variety of liquidity pools. In addition, our institutional intelligence systems quickly determine which institutional accounts have indicated a recent interest to buy, sell, or hold a stock at any given time. Transactions can be executed via dribble-out, block or bought methods.
10b5-1 Plan Design & Execution
Rule 10b5-1 allows insiders to enter a trading plan while in an open window and not in possession of material nonpublic information, providing a regulatory safe harbor against insider trading claims. Our team has extensive experience with designing and executing successful 10b5-1 plans around each individual’s specific objectives and price targets. Our team can also provide continuing education to company employees and management about evolving 10b5-1 best practices.
Corporate Share Repurchase
Companies can purchase shares in their stock under the Rule 10b-18 safe harbor. This strategy is often used to create earnings accretion, offset dilution from equity compensation awards, or serve as another means for returning capital to shareholders. Raymond James executes share repurchases for companies spanning the market capitalization and liquidity spectrum. Repurchases can be done tactically while in open trading windows or through a predetermined formula through a 10b5-1 plan.
Corporate Executive Private Wealth Management
Raymond James offers private wealth management services for public company executives. Our team works exclusively with the executives at Raymond James public company clients and leverages in depth technical expertise in the areas that matter most. Engagements cover the full spectrum of wealth management topics including Equity Compensation Planning, Concentrated Equity Strategies, Asset Protection, Estate Planning, Lending Solutions, Investment Management, and Tax Management Techniques. Through a secure, holistic website, clients are able to proactively monitor their personal balance sheet and utilize secure cloud storage for important planning documents.
Corporate Cash Management
Companies with excess balance sheet cash often seek ways to earn a risk adjusted return while meeting ongoing liquidity needs. Our team of cash management experts consult through the entire cash management process. We are available to analyze the company’s cash goals and needs to aid in developing a corporate investment policy and identify the appropriate investment products. Raymond James has access to a wide array of cash investment strategies and provides product neutral recommendations along with ongoing portfolio monitoring.