Serving the sophisticated needs of ultra-high-net-worth clients
Through objectives-based and alternative allocations, we strive to improve portfolio outcomes and deliver more targeted investment objectives, such as yield enhancement and risk mitigation for our ultra-high-net-worth clients.
Alternative investments
We work with the Alternative Investments Group at Raymond James to offer an array of institutional-quality strategies, including commodities, hedge funds, private equity and real estate. The dedicated research team conducts due diligence that results in private equity offerings on the Raymond James platform with experienced managers, operational soundness, impressive track records and attractive future opportunities.
Private equity
Private equity is another approach we use. It is a strategy that is executed through investment in a company that is not listed on a public exchange. Managers executing this strategy typically create funds, which are usually structured as limited partnerships. Institutional and high-net-worth investors contribute to these funds, allowing the private equity managers to make investments with the aim of generating positive returns.
Unlike a passive investment in the stock of a public company, private equity managers generally play an active role in their investments, working directly with management to make changes in the company. These characteristics of private equity funds create advantages for sophisticated investors who are willing to accept the additional risks associated with private equity.
Alternative investments involve specific risks that may be greater than those associated with traditional investments and may be offered only to clients who meet specific suitability requirements, including minimum net worth tests. There can be no assurance that any investment will meet its performance objectives or that substantial losses will be avoided.
Private institutional client solutions
We work with the Raymond James Private Institutional Client (PIC) Solutions team to serve the sophisticated needs of our ultra-high-net worth clients, family offices, endowments and other mid-market institutional accounts that have at least $50 million in total assets.
Our team is dedicated to delivering bespoke investment ideas and solutions tailored to your needs and can negotiate transactions across a wide variety of asset classes. This includes access to deals not available on typical wealth management platforms. These opportunities are presented exclusively to you and our other PIC clients, sourced across a global network of private company executives, investment bankers and fund managers. We can also introduce you to multiple sources of borrowing capacity to finance both liquid and illiquid asset classes through a variety of structures.
Our services include:
Private market investments:
- Co-investment opportunities
- Opportunistic direct equity investments
- Private debt syndication
- Direct real estate
- Bespoke capital stack options
Boutique funds:
- New manager seeding
- Specialized investment strategies
- Thematic opportunities
Capital markets:
- Trade idea generation and execution
- Market content and delivery
- Cross asset class opportunities
- Institutional pricing and service
Lending solutions:
- Asset-backed loans
- Equity margin loans and collared financing
- Cash-flow monetization
- Small- and middle-market corporations
- Commercial real estate
Private Institutional Client products and services (“PIC Services”) are non-discretionary, non-fiduciary, and non-advisory investment opportunities in all asset classes, conventional and alternative, that are only available to certain Alex. Brown and Raymond James clients who qualify as an “institutional account” as defined in FINRA Rule 4512(c), that are highly sophisticated investors with experience in independently evaluating and making investment decisions with respect to securities and investment strategies similar to that made available through PIC Services, which may include, without limitation: (1) arbitrage of exchange listed securities, publicly traded corporate bonds, and structured products with an underlying correlation to market indices, volatility, dividends, and longevity risk; (2) private markets investments, including, without limitation, illiquid direct investments in emerging private companies, real estate investments, and other managed alternative investments; and/or (3) structured credit and other debt instruments, including without limitation, collateralized debt obligations (CDOs), and asset backed securities.
