Raymond James Snags Four Industry Bigs in RIA Push

Raymond James is ramping up its small RIA custody unit. The firm plans a media campaign beginning in September to get the word out about its custody service as well as options for hybrid advisers.

In addition, the firm announced today the hiring of four new regional directors for its custody business, known as the Investment Advisors Division, who've been tasked with building up the small custody operation that has struggled to gain traction since its launch 13 years ago.

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