Raymond James capital raising programme for advisors is oversubscribed

3 articles · Updated · Wealth Management · May 5

At its Las Vegas conference, the firm said it has completed 12 investments and is in talks with about 100 more advisors.
Executives said most advisors want non-controlling minority stakes of 10% to 30%, using funds for succession planning, growth or to recoup acquisition costs while remaining independent.
Raymond James is positioning the year-old programme against private equity and consolidators, arguing it offers continuity for clients, business legacy and next-generation ownership transitions.

With competitors now offering capital, can Raymond James's program truly retain its top financial advisors?

When private equity offers higher prices, can Raymond James's 'safe' capital truly win the best advisory firms?

Is selling equity to your broker-dealer a path to growth or a golden cage for independent advisors?