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Raymond JamesSees Strongest Advisor Pipeline in Decades; Ameriprise Hikes Recruitment Packages

Summary by wealthmanagement.com
During respective earnings calls, Raymond James CEO Paul Shoukry cited “disruptive,” but potentially slowing competition from private equity roll-ups in the race for advisor talent, while Ameriprise CEO Jim Cracchiolo noted some “irrational” buyers in the market.
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2 Articles

Financial PlanningFinancial Planning

Raymond James wealth assets up as advisor recruiting surges

The large St. Petersburg, Florida-based wealth management firm claimed its best advisor recruiting figures since the global financial crisis, though it didn't cite specifics.

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wealthmanagement.comwealthmanagement.com

Raymond JamesSees Strongest Advisor Pipeline in Decades; Ameriprise Hikes Recruitment Packages

During respective earnings calls, Raymond James CEO Paul Shoukry cited “disruptive,” but potentially slowing competition from private equity roll-ups in the race for advisor talent, while Ameriprise CEO Jim Cracchiolo noted some “irrational” buyers in the market.

Read Full Article
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wealthmanagement.com broke the news in on Thursday, July 24, 2025.
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