Why choose a Raymond James wealth manager?

In an ever-changing economy, with thousands of investments to choose from, complex tax regulations to consider and worldwide political events influencing the markets, making the right investment decisions is not always easy

A wealth manager you can trust

When you have a wealth manager you can trust, who has taken the time to get to know you and your specific circumstances, planning and investing for your future, your family or your business doesn’t have to be complicated.

The right wealth manager can help you identify the questions, determine the answers and ultimately reach the solutions that are right for you. From determining your investment timeframe to understanding your tolerance for risk to taking steps to safeguard your retirement, a Raymond James wealth manager focuses on making decisions that are right for you, working with you over the long term to shape solutions to your financial challenges.

How your wealth manager will work with you

Our wealth managers have the tools, resources and expertise essential to making the right choices for you.

Your wealth manager

Whether your Raymond James wealth manager works with us as an employee or an independent contractor, they will always follow these principles to help serve you better:

Your wealth manager is your main point of contact and manages their relationship with you directly
With the support of Raymond James, your wealth manager can create a bespoke solution to meet your specific needs
Raymond James provides investment management and advice, as well as the administration platform, including account opening, asset transfers, dealing and settlement services, trading systems, client reporting, research tools and access to the custodian
Your wealth manager is subject to the Raymond James Training and Competency scheme and Raymond James conducts branch audits, as well as desk-based monitoring relevant to their investment activities.

If your wealth manager’s firm is directly authorised by the FCA, they’ll provide their own investment management and advice with the support of Raymond James’ administration platform.

Our comprehensive offering takes the administration burden off wealth managers so they can do what they do best… providing you with financial advice and investment management that helps you protect and grow your wealth.

Why use a Wealth Manager?

The right wealth manager can help you identify the questions, determine the answers and ultimately reach the solutions that are right for you.

A valued partner

From determining your investment time frame to understanding your tolerance for risk to taking steps to safeguard your retirement, a wealth manager can be a valuable partner in managing your financial affairs.

No two people are alike, so why should their financial plans be?

Our unique approach enables your Raymond James wealth manager to create a long-term plan focused on your financial well-being.

Qualified wealth managers have the tools, resources and expertise essential to making the right choices for you. Throughout this website we define investment managers and investment-focused financial planners as being wealth managers.

Your investments

We’re committed to taking care of you and your wealth manager and believe that choice is crucial. What’s more, your investment strategies and portfolio should evolve along with your needs and your lifestyle.

By offering wealth managers access to a comprehensive selection of products and tools, in addition to robust compliance and supervision services where appropriate, we enable them to meet your individual investment needs. We offer access to a broad range of assets and tax wrappers and don’t require wealth managers to use any in-house products, so they can select the investments right for you.

Full range of investments

We offer access to a full range of investments, including:

Equities, bonds, investment trusts and exchange-traded funds (ETFs) traded on all major markets. And because we’re an LSE member firm with direct market access, there are no third-party broker fees for trading UK-listed securities.
A broad range of funds. By leveraging the buying power of the Raymond James Group , we can access enhanced share classes of funds, which reduces costs in your portfolio.
Our wealth managers have access to environmental, social and governance (ESG) research, including a filterable database of 750 global equities featuring reports on ethical issues, ESG and sustainable development goals. We also provide an ethical funds database and an ESG questionnaire, which wealth managers can use to help satisfy your particular ESG criteria, or to build portfolios with specific ESG profiles.

Full range of tax wrappers

We give you access to a full range of tax wrappers, including:

ISAs (Individual Savings Accounts) are managed by Raymond James
Pension wrappers, offered by 50+ pension administrators, including SIPPs (Self-Invested Personal Pensions) and SSASs (Small Self-Administered Schemes), as well as solutions that allow your wealth manager to manage protected rights and Section 32 assets
A range of offshore portfolio bond wrappers

Research, reporting and security

Tax reporting – Annual consolidated tax vouchers (CTVs) reporting any income you have received during the tax year, and capital gains tax annual reports.
Client account protection – Financially sound primary custodian who holds your investments in accordance with the FCA’s Client Assets Sourcebook (CASS) rules.
Client Access – View your portfolio online including holdings and transaction information.
Investment reporting – Valuation reports and custody statements.
Cost and Charges – Annual statement of all costs and charges, including product costs, relevant to your portfolio research.
Research – Wealth managers have access to market commentary written by Raymond James’ global Investment Strategy Committee, and our European Strategist, some of which will also be available to clients. We also give wealth managers access to global equity and economic research written by external providers, leading fund research and fund selection tools – all designed to support wealth managers as they construct clients’ portfolios.

Open architecture

The middle and back-office services we provide are specifically designed to support wealth management professionals in offering sophisticated investment services to their clients. We deliver these services in an open-architecture environment so that wealth managers can select the products and solutions that meet their clients’ specific needs.

Rates and charges

Transparency in our rates and charges is key, so wealth managers and their clients are fully aware of what they are paying for and how Raymond James is being remunerated.

Your wealth manager will give you a Schedule of Fees and Charges, which sets out the key charges associated with the services Raymond James provides to you.

You can also download our Rates and charges document, which details our current schedule of interest rates you earn on cash held on your accounts, as well as charges for other services such as foreign exchange, payments, transfers, proxy voting and probate valuations.

Costs for clients who no longer have a wealth manager are also included, as well as information and charges related to the unit conversion process for fund holdings.

Personal Investing