Raymond James

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Oct 11, 2006 4:18 pm

Greetings,


On the Raymond James website they state that they require $30 million in assets under management for RIAs to use their independent platform. However, does anyone know how much in AUM they require for an existing advisor at Raymond James to go independent? I am hoping they do not require the same $30 million and will instead be more flexible, such as $15-$20 million.


Thanks!


Oct 11, 2006 7:27 pm

Why don't you pick up the phone and call them, you know kinda like finding prospects.

Oct 11, 2006 7:39 pm

After Bank of America's announcement today...they'll take anything thrown their way. You don't have to negotiate much with whores, right?

Oct 12, 2006 12:45 pm

At $225k in gross revenue you can do anything you want at RJ.


But, take a look at the numbers before you make a move.