Key Facts About Our Products & Services

The middle and back office services Raymond James provides are specifically designed to support UK investment professionals who target the high net worth market and wish to provide sophisticated investment management services to their clients. We deliver these services in an open architecture environment so that wealth managers can select the products and solutions that meet their clients’ specific needs in the most cost efficient manner. Transparency in our pricing is key, so that wealth managers and their clients are fully aware of what they are paying for and how Raymond James is being remunerated.

Highlights of the Raymond James offering include:

  • Access to Broad Range of Asset Classes – Including securities, investment trusts, ETFs, retail funds (including tracker funds), institutional funds (where minimums are met), and wider range investments such as structured products and alternative asset funds.
  • Multiple Tax Wrappers – ISAs, a wide range of pension administrators and offshore portfolio bond providers as well as an onshore bond option.
  • Custody and Safety of Assets – Access to a number of leading custodians in multiple jurisdictions, with excess insurance coverage provided on assets held in the UK with Pershing Securities Limited and in the US with Raymond James & Associates.
  • Liquidity Solutions – The Raymond James Loan Account gives clients the ability to borrow against their investment portfolios. The Raymond James Cash Account allows clients to earn interest on cash awaiting investment.
  • Investment Tools – Securities research, fund selection tools and the CGix calculator.
  • Discounts on Additional Tools – Raymond James has sourced a number of vendors who provide value add services to our affiliates and in many cases, we have negotiated discounts.
  • Consolidated Client Reporting – Statements and valuations, including robust performance measurement and benchmarking.
  • Tax Reporting – Consolidated Tax Vouchers and CGT Annual Reports for accounts held in the UK.
  • Compliance and Registration – Full compliance, supervision and FSA registration services as well as professional indemnity cover, where required and subject to a thorough assessment of the wealth manager’s competency.
  • Competitive Pricing – Our charges allow wealth managers to offer competitive pricing to their high net worth clients.
  • Account Opening – The account opening team aims to open new client accounts within one business day from receipt of completed documentation.
  • Asset Transfers – Our transfer team’s diligence and expertise provide an efficient transfer of client assets and associated historical data from any provider. We process in specie transfers on and off our platform.
  • Dealing Services – Online order entry and a fully staffed Raymond James dealing desk able to execute orders across all major markets, sectors, asset classes and products, settled through any of the custodians with which we have an agreement.
  • Portfolio Management Tools – including modelling, rebalancing and CRM functionality.
  • Investment Administration – Settlements, contract notes, dividend processing, corporate actions and maintaining client data.
  • Online Account Access – Secure online account enquiry and portfolio analysis tools for wealth managers; online holdings and transaction information for investors.
  • Revenue Processing – Fee/ commission processing and automated fund trail reconciliation.
  • Management Information – reports created to ensure wealth managers can track progress and key performance indicators as well as monitor risks in their business.
  • Co Branding – Client reports and account documentation can be co branded as required.
  • Data Export Capability – Raymond James provides data integration to the Morningstar Adviser Workstation as well as to various back office/CRM systems such as Avelo’ Adviser Office, Intelliflo and Prestwood.

The Raymond James model has proven capabilities in the US, Canada and the UK. Our aim is to provide exceptional support, service and capability to our affiliated wealth managers and their clients.