Edward Jones’s brand is ranked #200 in the list of Global Top 1000 Brands, as rated by customers of Edward Jones. Raymond James Financial’s brand is ranked #936 in the list of Global Top 1000 Brands, as rated by customers of Raymond James Financial. Their current market cap is $17.42B.
…
Edward Jones vs Raymond James Financial.
| 73% | Promoters |
|---|---|
| 20% | Detractors |
Page Contents
Who are Raymond James competitors?
Raymond James competitors include Goldman Sachs, JPMorgan Chase & Co, Morgan Stanley and Stifel Financial Corp..
then How do Raymond James advisors get paid?
We are compensated by asset-based fees. … Our financial advisors offer fee-based accounts through Raymond James Ambassador account program or Raymond James Freedom program. There are several strategies for both tax sensitive and tax qualified accounts to choose from.
Is it worth paying a financial advisor 1%? A financial advisor can give valuable insight into what you should be doing with your money to reach your financial goals. But they don’t offer their advice for free. The typical advisor charges clients 1% of the assets that they manage. However, rates typically decrease the more money you invest with them.
Is Raymond James a fiduciary?
Since Raymond James advisors serve as ERISA fiduciaries, they are obligated to recommend what is best for your company and employees.
Is Raymond James a fiduciary company? Since Raymond James advisors serve as ERISA fiduciaries, they are obligated to recommend what is best for your company and employees.
How many employees does Raymond James Financial have? A major contributor to this article appears to have a close connection with its subject.
| Type | Public |
|---|---|
| Revenue | $7.99 billion USD (2020) |
| Net income | $818 million USD (2020) |
| Number of employees | 18,910 (2020) |
| Website | www.raymondjames.com |
Who is the CEO of Raymond James? Paul C. Reilly. Paul Reilly became chief executive officer of Raymond James Financial in May 2010, after joining the firm’s management team as president and CEO-designate in May 2009. He has served on the firm’s board of directors since 2006.
How much Raymond James manage?
As of September 30, 2021, Raymond James has approximately 8,400 financial advisors throughout the United States, Canada and overseas. Total client assets under management are approximately $1.18 trillion.
What is an RT fee? Regulatory transaction fee: Varies. This regulatory transaction (RT) fee is collected to recoup transaction fees paid by Raymond James to an exchange or self-regulatory organization in connection with the sale of certain securities, such as equities, options and other covered securities.
How much money does the average financial advisor manage?
10 States Where Financial Advisors Earn the Most Money
| Rank | State | Average Annual Wage |
|---|---|---|
| 1 | New York | $166,100 |
| 2 | California | $141,100 |
| 3 | Connecticut | $137,120 |
| 4 | District of Columbia | $135,770 |
• Feb 23, 2019
How much does a wealth manager Charge? Financial advisor fees
| Fee type | Typical cost |
|---|---|
| Assets under management (AUM) | 0.25% to 0.50% annually for a robo-advisor; 1% for a traditional in-person financial advisor. |
| Flat annual fee (retainer) | $2,000 to $7,500 |
| Hourly fee | $200 to $400 |
| Per-plan fee | $1,000 to $3,000 |
Dec 1, 2021
Can a financial advisor make you rich?
At that rate, an advisor would need over 126 clients to make even $50,000 per year. If an advisor works with a client who has $500,000 to invest, they could make up to $10,000 in revenue from a single client. The advisor could make 25 times more money working with a client with $500,000 than a client with $19,000.
Is Raymond James a good firm?
Generally speaking Raymond James is a good firm with good advisors.” In fairness, there are those clients that are very happy with their Raymond James financial advisor and Raymond James investments. In one of the recent positive Raymond James reviews, the reviewer noted: “Very pleased with our advisor.
What should you not tell a financial advisor? Here are the Top 10 Things Financial Advisors Don’t Want You to Know
- The title on my business card may not mean much.
- The financial service I’m selling is only a sideline for my company.
- I want your will and trust on file because I make my real money on the settlement of your estate.
What is Raymond James known for? From wealth management for individuals and families to investment banking on a global scale, Raymond James is a leading financial services firm, supporting a diverse range of clients and needs.
How are Raymond James Financial Advisors paid?
We are compensated by asset-based fees. However, cost paid for asset management are included in many of our financial planning services. … Our financial advisors offer fee-based accounts through Raymond James Ambassador account program or Raymond James Freedom program.
Is Raymond James a good company? Our overall rating for Raymond James is 3 stars out of 5, due to the ongoing issue with Raymond James advisors charging excess commissions and breaking the trust of their clients.
How much does Edward Jones manage?
The company serves about 7 million investors and has $1.3 trillion in assets under management. With tens of thousands of branch locations throughout the U.S. and Canada, Edward Jones is one of the brokerage firms wi the most offices across the U.S.
Does Raymond James have their own funds? Raymond James makes available approximately 5,500 mutual funds from more than 350 mutual fund companies.
How much does Paul Reilly make?
What is the salary of Paul Reilly? As the Chairman of the Board and Chief Executive Officer of Raymond James, the total compensation of Paul Reilly at Raymond James is $13,090,400.
How much does the CEO of Raymond James make? Compensation by Company
| Name And Title | Total Compensation |
|---|---|
| Paul C. Reilly Chairman and CEO | Total Compensation $12,449,359 View details |
| Jeffrey P. Julien EVP, Finance | Total Compensation $2,644,237 View details |
| John C. Carson Jr. President | Total Compensation $3,719,682 View details |
Who founded Raymond James Financial?
Raymond James founder Robert A. “Bob” James dies. His legacy was not only a firm focused on financial planning, but a people-centered approach to business that inspired those who knew him. After a 14-year delay, Raymond James goes public with a $14-million initial public offering.
Don’t forget to share this post with friends!
