Raymond James expands managed investment platform with AI tools for advisors

9 articles · Updated · CEOWORLD magazine · May 5

At its Las Vegas conference, the firm said Asset Management Services will add model portfolios and SMAs over 12 to 18 months, alongside pricing changes and tax-loss harvesting features.
The push is tied to Raymond James' acquisition of Philadelphia-based Clark Capital, which manages about $46 billion and brings multi-asset models, mutual funds and high-net-worth support teams.
The expansion complements Client 360, AI Academy and the Raimond assistant, as Raymond James competes for advisor recruitment and retention against private equity-backed RIA consolidators and other wealth platforms.

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