- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Others Advisors
- Educational Seminars & Workshops
Types of Clients
- Individuals (Not High Net Worth)
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Banking Institutions
- Pension & Profit Sharing Plans
- Charitable Organizations
- State & Municipal Govt Entities
- Insurance Companies
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Raymond James Financial Services Advisors, Inc Overview
Raymond James Financial Services Advisors, Inc is a registered investment advisory firm that provides investment advice services exclusively. Based in Saint Petersburg, FL, it has been in business since 2008. Raymond James Financial Services Advisors, Inc operates on a fee-based arrangement, meaning that clients pay a fee for the firm's services. The firm offers a comprehensive range of services to meet the diverse needs of its clients. These services include financial planning, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisors. Raymond James Financial Services Advisors, Inc also provides educational seminars and workshops to help clients stay informed on the latest market trends and financial strategies. In addition to the services listed above, the firm also offers hourly and fixed rate consultations. This additional service is beneficial for clients who require more specific or individualized advice. With their wealth of experience and knowledge, Raymond James Financial Services Advisors, Inc is devoted to helping clients achieve their financial goals, no matter how big or small.
RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC caters to a wide range of clients from different backgrounds. This includes individuals seeking wealth management services, high net worth individuals, corporate entities such as banking institutions, insurance companies, and charitable organizations as well as state and municipal government entities, and pension or profit sharing plans. The goal of the firm is to provide customized financial solutions that align with the client's unique financial priorities. The fee structures offered by RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC vary depending on the client's requirements and services provided. The firm offers a variety of options such as percentage of assets under management (AUM), hourly fees, fixed fees, commissions, and other types of fees. The AUM model is structured based on a fee percentage of the total amount of investments and assets under management. This allows clients to better understand the fees based on the total value of their assets. The hourly fee structure is a flat rate paid for the time and effort spent on asset management and financial planning. Fixed fees are charged for specific financial planning services such as estate planning, insurance analysis, and tax planning. Additionally, commissions are earned through the purchase or sale of securities. Through these various fee structures, RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC offers tailored solutions that are cost-effective and transparent to its clients.
Typical Clients, Fee Structures & Investment Minimum
The Part 2 Brochure for Raymond James Financial Services Advisors, Inc does not mention an investment minimum for their planning and/or investment consulting services for individuals. However, clients are advised to consult with their IAR to determine if there are any minimum asset requirements for accepting them as a client. Clients will be required to complete a Wealth Advisory Services agreement and pay fees as noted in the agreement.
How This Office Can Help Elko County, NV Residents
Raymond James Financial Services provides financial guidance and support to clients residing in Elko County, NV to help them achieve their financial goals. The team offers a range of services, including investment management, retirement planning, estate planning, and tax planning. Clients in Elko County, NV may be facing unique financial challenges such as the need to diversify investments in the mining and natural resource industries, managing fluctuating income from seasonal employment, and navigating the tax implications of mining-related income. With a deep understanding of the local economy and its specific needs, the team at Raymond James Financial Services provides tailored financial solutions to help clients in Elko County, NV manage their finances effectively.
Services Offered by Raymond James Financial Services Advisors, Inc
Core Advisor Services
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Financial advisory fees usually are based on the services provided. Fee types charged by Raymond James Financial Services Advisors, Inc most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Subscription (Newsletter or Periodical)
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
Other Office Locations
Displaying first 48 of the 89 total office locations:
- Anderson County, SC
- Anne Arundel County, MD
- Arlington, TX
- Aspen, CO
- Atlanta, GA
- Bay Shore, NY
- Bell County, TX
- Bentonville, AR
- Boone County, KY
- Bowling Green, KY
- Boynton Beach, FL
- Brazoria County, TX
- Broome County, NY
- Cabarrus County, NC
- Chandler, AZ
- Chesapeake, VA
- Chesterfield County, VA
- Cheyenne, WY
- Chisago County, MN
- Clinton, SC
- Columbus, IN
- Davis, CA
- Decatur, IL
- Douglas County, GA
- Fairfield, CA
- Fulton County, GA
- Gaston County, NC
- Grand Blanc, MI
- Hamilton County, IN
- Heath, TX
- Highlands County, FL
- Hoffman Estates, IL
- Howard County, MD
- Hudson, WI
- Jasper County, MO
- Johns Creek, GA
- Kendall County, IL
- La Crosse County, WI
- Lake Placid, NY
- Lancaster County, PA
- Laramie, WY
- LaSalle County, IL
- Lewisburg, PA
- Long Beach, CA
- Lutz, FL
- Madera County, CA
- Malvern, PA
- Manchester, TN
Raymond James Financial Services Advisors, Inc is registered to service clients in the following states:
- District of Columbia
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
- Virgin Islands
Raymond James Financial Services Advisors, Inc does not have any disclosures. Please visit it's Form ADV for more details.