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Deutsche Bank agreed to sell its U.S. private-client services unit to Raymond James Financial Inc. in a deal that involves 200 advisers and 400 support staff for the IBD.
Some alternative and traditional equity ideas.
Raymond James Financial Inc. is in talks to buy Deutsche Bank's U.S. private-client brokerage, according to people briefed on the matter. The business has about 250 advisers.
Wealth management and banking are the key earnings drivers.
Raymond James Financial Services adds a veteran advisor and two team members are reunited.
Raymond James Financial , Inc. has partnered with social media sales platform provider Hearsay Social to help its advisors connect with clients and expand their practices.
Succession planning, regulatory and technological issues will be the main focus for Raymond James Financial Services over the next year, according to Scott Curtis, the firm's president.
Buying and selling practices and working more effectively with high net-worth clients is critical for advisors, according to speakers at the Raymond James Financial Services annual national conference in Dallas.