Press Releases

20 January, 2010

The launch of EIM

EIM, a new private client investment management business based in Brighton, has selected Raymond James as its partner in the UK.

EIM was established by Rod Gentry, following his departure from Ashcourt Holdings where he was Chief Executive, and a team of experienced professionals. The team includes Richard Stammers, formerly Head of Research at Coutts & Co who will now be heading up Business Development at EIM. Rod and Richard have over forty years combined experience working with private clients and have helped build a business that challenges the impersonal and volume driven offerings currently available from private banks, stockbrokers and IFAs.

Raymond James supports EIM with middle and back office services as well as compliance, supervision and FSA registration.

Rod Gentry, EIM's Principal, notes "With so many investment firms choosing to deliver a highly centralised investment process to their clients, we believe the time is right to go back to the roots of private client investment management and concentrate on delivering an excellent client service with an individual risk based approach. We are extremely pleased to have Raymond James as our partner. Their platform and capabilities enable us to offer a flexible and cost effective solution for the delivery of a high quality, economic service to our clients."

Peter Moores, CEO at Raymond James said 'We are delighted to have been selected by Rod and his team as their platform of choice - particularly as EIM's business ethos is perfectly aligned with our own. Our business offering is fundamentally based upon providing advisers with a diverse and independent platform of choice allowing them to create these bespoke investment solutions for their individual clients. It is everything that we stand for, so we are in no doubt that it will be a long and prosperous partnership.'

Enquiries

EIM
Roderick Gentry, Principal
100 Queens Road, Brighton, East Sussex, BN1 3YB. 07712 841347
Rod.Gentry@European-IM.com

Raymond James Investment Services
Cynthia Poole, Director of Relationship Management and Business Support - 0207 096 6751
Cynthia.poole@raymondjames.com

Notes to the Editors

About EIM
EIM, a trade name of Raymond James Investment Services Limited utilised under exclusive licence, is an investment management firm wholly dedicated to providing a first rate and highly personal investment management service.

EIM's founding belief is that too many investment management businesses are choosing to deliver an impersonal, volume driven, centralised process in an attempt to keep down costs, and that the time is right to go back to the roots of private client investment management and concentrate on delivering an excellent client service with an individual risk based approach.

About Raymond James Investment Services Limited (RJIS)
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 9,900 client accounts representing total assets of £1.6 billion (US$2.6 billion). Figures for September 30th 2009 show RJIS has 52 affiliated offices, which represent a number of experienced and well regarded private client investment managers, stockbrokers and wealth managers located throughout the UK.

RJIS is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority. Its Registered Office is at 77 Cornhill, London, EC3V 3QQ. For more information go to www.rjis.co.uk

*RJIS Stats as of September 30th, 2009.