Raymond James Expands Advisory Services with $1B Team from Merrill Lynch

Tuesday, 22 October 2024, 13:26

Raymond James has made headlines by adding a $1 billion team from Merrill Lynch. This strategic move enhances their advisory services and strengthens their market position. The five advisors previously managed substantial client assets, promising growth opportunities for Raymond James.
Wealthmanagement
Raymond James Expands Advisory Services with $1B Team from Merrill Lynch

Strategic Move by Raymond James

Raymond James has made an impactful decision with the recruitment of a team from Merrill Lynch that managed over $1 billion in client assets. This move is poised to elevate their advisory services significantly.

Why This Matters

  • Expansion of Advisory Services: The addition of this team strengthens Raymond James’ offerings.
  • Increased Asset Management: The new advisors bring a wealth of experience and a large portfolio.
  • Market Positioning: This strategic addition helps Raymond James remain competitive in the financial advisory space.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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