1. Raymond James Puts "Major Focus" On Building Its RIA Custody Business
(Matching tags: Raymond James)

Having established itself as a multi-channel force in the brokerage world, Raymond James is turning toward ways to bring RIAs into the fold.  ...

2. Raymond James Letting Morgan Keegan Reps Join As Either Employees Or Independent Reps
(Matching tags: Raymond James,M&A)

The logic must have been compelling: Raymond James has both an independent contractor side and an employee advisor operation. Why not let incoming Morgan Keegan reps pick?  ...

3. First Priority For Raymond James: Stop The Morgan Keegan Defections
(Matching tags: Raymond James)

Now that the future of Morgan Keegan as a firm has been decided, new owner Raymond James needs to boost morale among the 1,000 advisors it just bought.   ...

4. Raymond James Recruiting Wins Prove The Value Of Independence For All
(Matching tags: recruiting,Raymond James)

For many industry commentators, the only bright line that matters is between wirehouse and independent RIA. Recent recruiting moves prove that progress is more about evolution than revolution.

5. Raymond James Fights $1.7 Million Annuity "Churning" Settlement
(Matching tags: Raymond James)

After being fined $1.7 million for failing to monitor a rep who was apparently churning an elderly client's annuity portfolio, Raymond James is fighting the arbitrators on what looks like technical grounds. ...

6. Earnings Season: Morgan Stanley Squeezes More Revenue Out Of Its Client Assets While Raymond James Settles For Added AUM
(Matching tags: Morgan Stanley,Raymond James,profitability)

Raymond James and Morgan Stanley both managed to expand their businesses in an otherwise tough second quarter, but the internal numbers show two very different strategies at work.  ...

7. Raymond James Disappointed By $1.7 Million Annuities Fine
(Matching tags: Raymond James,FINRA)

A rep who was allegedly churning annuity sales in at least one elderly client's account has cost Raymond James $1.7 million for failing to supervise him, even though he's no longer their affiliate.  ...

8. Raymond James Not Eager For M&A Either - Who Will Buy Securities America?
(Matching tags: Raymond James,independent broker-dealers)

Scratch a potential buyer off the list of independent brokerage firms that might emerge to pick up Securities America or another of the companies currently on the block.

9. More Defections From Morgan Stanley (Or, More To The Point, Smith Barney)
(Matching tags: Morgan Stanley,Raymond James,recruiting)

Morgan Stanley just lost another six advisors with a combined tenure of over a century at Smith Barney -- which might be part of the problem.