Raymond James Financial appoints Chief Investment Officer
ST. PETERSBURG, Fla. – Raymond James Financial, Inc. (NYSE: RJF) today announced the appointment of Larry Adam as Chief Investment Officer of the firm’s Private Client Group.
“Raymond James’ advisors appreciate and leverage our award-winning research and thoughtful investment insights when considering market, economic and policy forces on their clients’ investments,” said Chairman and CEO Paul Reilly. “Adding Larry’s leadership, impressive background and experience, deep industry knowledge and nuanced investment perspectives delivers on our commitment to provide advisors and clients with the best tools and resources available.”
“The vision and support from management, the inspiring culture and outstanding reputation make Raymond James the premier destination for anyone in the financial services industry,” Adam said. “The opportunity to complement the already well-respected, highly regarded macro, equity and fixed income research capabilities will only make the existing platform even more impactful. I am so excited to join such an industry leader.”
Adam joins Raymond James from Deutsche Bank, where he held the dual roles of Chief Investment Officer – Americas, and Global Chief Investment Strategist for Deutsche Bank Wealth Management. He joined Alex. Brown & Sons in 1992 and continued with the firm through the 1997 acquisition by Bankers Trust and the subsequent purchase by Deutsche Bank in 1999. Raymond James purchased the business from Deutsche Bank in 2016.
Adam received a B.B.A. and a master’s degree in business with a concentration in finance from Loyola University Maryland, where he also serves as an adjunct professor for international finances. He has earned the Chartered Financial Analyst®, Certified Investment Management Analyst® and Certified Financial Planner™ designations.
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 in 3,100 locations throughout the United States, Canada and overseas. Total client assets are $790 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.