Raymond James
RayJay Lands Baird Vet in Chicago, Wells/Pru Lifers in Rochester
After 30 years at William Blair and Robert W. Baird, Rosa Ebling signs with the Florida-based firm’s Windy City employee-channel branch, while $2-million team led by Keith Bock in New York State leaves his home of more than 35 years.
Alex. Brown Hires $500 Mln-Asset Morgan Stanley Group in NYC
Team with outpost in Boca Raton generated $3.3 million in production in last 12 months, Raymond James said.
Raymond James CEO on Defensive About Payout Grid Cut
Paul Reilly says advisors understand that the DOL fiduciary rule requires some compensation sacrifice but doesn’t spell out the details.
RayJay Lowers Payouts for Brokers in Employee Channel
Payout rates to drop by 100 to 400 basis points for most brokers.
RayJay Stretches West, Grabs Two Teams from Merrill Lynch
The firm’s traditional employee branch channel also plans its first outpost in Las Vegas.
RayJay to Implement “Product Neutral” Grid for Indie Brokers
Payout next year will be based on a total fees and commissions rather than product mix.
Raymond James Recruiting Binge Extends to Small Markets
Merrill Lynch veteran joins sparsely populated complex near Mexican border.
Raymond James Broker Count Rises in Litigation-Damaged Quarter
Added a net 94 advisors in first three months of 2017 as private client group revenue jumped 23% while profit fell 65%.
Raymond James Hires UBS’s Kim Jenson for Senior Branch System Role
UBS’s longtime Chicago complex manager will be chief operating officer of Raymond James & Associates.
RayJay to Name Wirehouse Vet Bert White to Run Expanded Florida Complex
Ex-Morgan Stanley/Smith Barney manager will be tapped to revive far-reaching branch group, some of which are leaderless after anti-money-laundering settlement.
Raymond James to Pay $150 Million to Settle Ski Resort Fraud Case
Settlement with SEC receiver ends five lawsuits hanging over the brokerage firm related to claims that it abetted massive fraud against foreign investors.
