Press Releases

15 December, 2008

MASECO Financial Selects the Raymond James Platform

MASECO Financial, a new private client wealth management company focused on US citizens and Green Card holders living in the UK, has selected Raymond James as its platform partner in both the UK and the US.

MASECO was established by Joshua Matthews and James Sellon together with their team from the UK office of Citigroup/Smith Barney, where they managed in excess of $500 million of assets.  Joshua and James have over fifteen years combined experience working with Americans in London and have built a practice that aims to meet all the financial needs of US citizens and Green Card holders living in the UK.

Peter Moores, CEO of Raymond James Investment Services, notes, "We are delighted to be working with Joshua and James as they grow their boutique wealth management business. Their offering is well positioned to meet the unique needs of the US Expat community.”

Joshua Matthews, Managing Partner of MASECO Financial, notes “James and I are extremely pleased to include Raymond James as one of our primary working partners.   They have been very supportive and also helped provide us with great advice during the start-up phase of our business.  Their platforms in the UK and the US are able to custody and accommodate MASECO Financial and our clients with some of the unique products we require to provide wealth management services to Americans based in the UK.”

Notes to the Editors

For further information, please contact:

Cynthia Poole
Director of Relationship Management and Business Support
Raymond James Investment Services
Tel 020 7096 6751 or Cynthia.Poole@RaymondJames.com

MASECO Financial 020 7043 0455
www.MASECOfinancial.com
12 New Fetter Lane
London, EC2A 1AG

Online information
www.rjis.co.uk
www.adviserchoice.co.uk
www.raymondjames.com

About MASECO Financial
MASECO Financial, a trade name of MASECO LLP, is an independent wealth management firm specialising in developing and implementing financial planning and tailored wealth management solutions for American individuals and families based in the UK.  Focusing on core values of providing holistic wealth management and financial planning advice, the partners established a practice within one of the largest global Private Banks over a ten year period before establishing MASECO Financial. 

The firm's guiding philosophy is to provide their clients with the highest quality objective advice, exceptional personalised service from experienced advisors, an institutional product and service framework and advice and services with transparent pricing.

MASECO LLP is authorised and regulated by the Financial Services Authority.

About Raymond James Investment Services Limited (RJIS)
RJIS is the UK private client investment management arm of Raymond James Financial, Inc., a US based diversified financial services company.  The firm commenced operation in 2001 and has 42 affiliates located across the UK*. RJIS offers private client investment managers and advisers a platform of choice, providing alternative methods of affiliation through three business models: Independent Contracting, Professional Partner and the Wrap Platform. Its goal is to provide investment professionals in the UK with the freedom to deliver to clients a complete integrated wealth management solution whilst retaining their independence. RJIS is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority.

*RJIS Stats as of September 30, 2008 unless stated otherwise.

About Raymond James Financial, Inc. (RJF)
Founded in 1962 and a public company since 1983, Raymond James Financial Inc. (RJF) is a diversified financial services holding company. Approximately 62% of the firm’s revenue is generated by the Private Client Group, which is engaged in financial planning and investment activities. In addition RJF has businesses focussed on equity and fixed income capital markets, asset management and banking.

As of October 2008 RJF currently had over 5000 financial advisers located in 2200 offices in the US, Canada, the UK and elsewhere overseas. These advisers service more than 1.8 million client accounts representing total assets under control of approximately $186 billion**.

**RJF Stats as of September 30, 2008 unless stated otherwise.