Company Profile
Raymond James Investment Services Limited (RJIS) is the UK private client investment management arm of Raymond James Financial, Inc., a diversified financial services company headquartered in St. Petersburg, Florida, USA. The firm commenced operation in 2001 and now has over 7200 client accounts representing total assets of £1 billion (US$1.8 billion). RJIS has 42 affiliated offices, which represent a number of experienced and well regarded private client stockbrokers, investment managers and wealth managers located throughout the UK*.
RJIS was founded to service and support entrepreneurial investment managers in the UK, providing them with a unique opportunity to own and operate their own business whilst maintaining the dedicated backing of a recognised leader in the industry. We offer our affiliated advisers access to a comprehensive selection of products and tools, in addition to robust compliance and supervision services where appropriate, enabling them to meet the individual needs of their clients in the most cost effective manner.
The RJIS AdviserChoice proposition provides investment managers with a spectrum of solutions to help them build their businesses, based on their needs and goals. Offering three business models, including Independent Contracting, Professional Partner and the Wrap Platform, AdviserChoice also enables advisers to move between these business models as their needs evolve.
RJIS is a member of the London Stock Exchange, is authorised and regulated by the Financial Services Authority, and its Registered Office is at 77 Cornhill, London EC3V 3QQ.
Key Corporate Data – September 2008
Total Assets:
£1 billion (US$1.8 billion)
Total Head Office Staff Employed in UK Private Client Business:
43
Number of Advisers in UK Business:
89
Number of Locations in UK Business:
42
Total number of Private Client Accounts:
7200
Discretionary and Advisory Business Split (%):
60/40
Regulatory Body:
Financial Services Authority
Typical Minimum Discretionary Portfolio Size:
£250,000
Typical Minimum Advisory Portfolio Size:
£100,000
*RJIS stats as of September 30, 2008 unless stated otherwise