Raymond James has unveiled a new affiliation channel aimed at fee-only independent financial advisors.
The Corporate Registered Investment Advisor offers a variety of wealth management resources, including turnkey asset management options, lending, insurance and research, as well as access to specialists for each area, a technology platform that includes mobile access and integration capabilities and marketing support for advisors’ own brands as well as options to leverage the Raymond James brand, according to the firm.
The new channel, which is on Raymond James’ AdvisorChoice affiliation platform, also offers consulting services on succession planning, Raymond James says.
Corporate RIA is open exclusively to fee-only advice practices operating as investment advisor representatives under the firm’s corporate RIA segment, Raymond James Financial Services Advisors, according to the firm.
“This affiliation option is attractive to advisors who want to manage their fee-only practice without the time-consuming requirements of operating an independent RIA,” Raymond James Private Client Group president Scott Curtis said in a statement. “Our goal, as it is with every advisor and practice, is to support advisors’ growth and success, providing flexibility that recognizes their evolving business models.”
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