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Ray James Cd's?

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Jun 18, 2007 11:49 pm

An after hrs question since the dept is closed. 

What do you do for clients who hold over 100k in cd's?  I'm soon to join RJ and exploring their cd's and they appear to only offer them from Raymond James Bank.

Jun 18, 2007 11:59 pm

So to finish my question how do you keep over 100k insured?

Jun 19, 2007 12:02 am

Try brokered CD’s

Jun 19, 2007 12:08 am

Thanks, I just found the listings.  Mystery Solved.

Jun 19, 2007 12:14 am

Be sure you understand ticket charges on Bondesk CDs. You will soon start to use floating rate funds in place of CDs whenever appropriate.