RJ Different Business Models
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Which RJ model is most likely the one used by advisors in local banks?
There are 3 RJ guys in local banks around me and just wonder which of the 4 practice models they are under…
Raymond James Financial Services, through the FID section is they RJ Bank Channel.
Biggest differences between RJFS and a wirehouse are no high yield muni or corp bonds, fewer packaged products.
RJ offers corporate bonds thru bonddesk. I never looked for High Yield munis but they have a good muni platform as well, and i would imagine one could get HY muni inventory if they needed it, thru the desk.
RJ offers corporate bonds thru bonddesk. I never looked for High Yield munis but they have a good muni platform as well, and i would imagine one could get HY muni inventory if they needed it, thru the desk.
[/quote] You absolutely can. And they don't haircut their own advisors.