Raymond James to offer US 'employee' model to wealth manager partners

Employee model has been offered by US business for 60 years

Mike Sheen
clock • 2 min read
Anthony Scott of Raymond James

Anthony Scott of Raymond James

Raymond James has launched new business model for UK wealth managers, allowing them for the first time to join the company as employees, while retaining autonomy over investment decisions, client generation and advice.

The firm has run an independent branch business model for 20 years, which included the same freedoms as the new launch, but wealth managers can now also choose to benefit from the "security and support"...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Wealth Management