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Raymond James pulls from Ameriprise, FINRA refunds firms $50M: Advisor Moves

Summary by Financial Planning
As Raymond James, Wells Fargo and RBC reported big recruiting deals this week, FINRA said it was going to pay back to its members a large chunk of the fees they paid last year.
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Raymond James pulls from Ameriprise, FINRA refunds firms $50M: Advisor Moves

As Raymond James, Wells Fargo and RBC reported big recruiting deals this week, FINRA said it was going to pay back to its members a large chunk of the fees they paid last year.

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Financial Planning broke the news in on Thursday, July 3, 2025.
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