Caring For Your Financial Well-being
We’d like you to think of us as your “financial therapist,” a neutral party devoted to knowing the details, emotions and thoughts regarding your financial life. We want you to be comfortable with opening up to us. By being so personally involved and connected to your life, we are able to truly see the big picture and personalize a comprehensive and well-conceived plan that fits your life and addresses every detail.
Managing Your Wealth
Addressing the many complexities of wealth requires seasoned guidance, a disciplined process, and access to a diverse range of financial strategies. The far-ranging wealth management services we provide transcend the management of your investment portfolio to encompass every avenue of your life that wealth touches.
In today’s often complex marketplace, even the most sophisticated investor is challenged to keep up and respond to changing conditions. By utilizing asset allocation strategies and carefully selected money managers across a diverse range of equity and fixed-income disciplines, our goal is to provide you with an institutional-quality portfolio designed to help achieve financial objectives.
Asset allocation does not guarantee a profit nor protect against losses.
An appropriate use of alternative investments can serve as a source of reduced portfolio correlations, particularly in periods of market instability. They can add diversification to portfolios, offer enhanced return potential and provide access to exclusive investment talent. Examples of such investments include private equity, commodities, managed futures, structured products, hedge funds and real estate.
Alternative investments involve specific risks that may be greater than those associated with traditional investments and may be offered only to clients who meet specific suitability requirements, including minimum-net-worth tests. You should consider the special risks with alternative investments including limited liquidity, tax considerations, incentive fee structures, potentially speculative investment strategies, and different regulatory and reporting requirements. You should only invest in alternative investments if you do not require a liquid investment and can bear the risk of substantial losses.
Preserving your wealth and maintaining your standard of living are among your highest priorities. Because people are living longer today, the possibility of spending 30 years in retirement requires careful planning and disciplined investing. We can create a plan for monthly distributions from your portfolio designed to preserve your principal. We can also assist you with longevity planning, required minimum distributions, income planning, tax planning, proper account titling and beneficiaries, multigenerational wealth transfer, charitable giving, and asset preservation and reallocation.
Services for corporate executives
Executives of publicly traded companies are often faced with many unique challenges when managing their personal financial plans. They are often so busy with the demands of their careers that they are unable to devote the necessary time and attention to their personal financial matters. We offer guidance to corporate executives on key issues, including concentrated stock positions, stock option strategies, restricted securities, share repurchase programs, executive benefit platforms, equity based compensation, regulatory requirements and forms filing, company trading policies and estate planning.
Services for business owners
We provide business owners with strategies to address the challenges of running a company, often the most important asset they own. We can provide experienced guidance in key areas such as asset preservation, cash management, employee retention programs, insurance, financing, business valuation and succession planning. Additionally, Raymond James is a leading investment bank that offers advisory services related to public offerings, mergers and acquisitions, and restructurings.
Services for professionals
We understand the long hours you put into establishing and running a successful practice. You spend your days with clients or patients – you shouldn't also have to worry about managing your money. Yet it is imperative to make smart financial decisions.
Your unique requirements may include protecting assets from liability risk, tax planning, managing cash flow, mitigating the effects of healthcare cutbacks, managing education debt, valuating a firm or practice for purchase or sale and, ultimately, achieving financial independence.
You can rely on us to provide high-level expertise and advice for your personal financial matters and the needs of your firm or practice. We can serve as your trusted partner to help manage your investments, and mitigate your tax burden, while also addressing key issues such as estate planning, generational wealth transfer and your philanthropic efforts.
Credit, lending and cash management
Through Raymond James, we offer personal lines of credit,* investment accounts with check writing, online bill payment, enhanced reporting and more. We also can assist you in evaluating short-term interest-bearing instruments such as brokered certificates of deposit and cash sweep options.
*The personal line of credit is through a margin account. Borrowing on margin and using securities as collateral may involve a high degree of risk. Market conditions can magnify any potential for loss. If the market turns against the investor, he or she may be required to deposit additional securities and/or cash in the account. The securities in the account may be sold to meet the margin call, and the firm can sell the investors’ securities without contacting them. The interest rates charged are determined by the amount borrowed.
Raymond James & Associates, Inc. and Raymond James Financial Services, Inc. are affiliated with Raymond James Bank, member FDIC, a federally chartered national bank. Unless otherwise specified, products purchased from or held at affiliated Raymond James Financial, Inc. companies are not insured by the FDIC or any other government agency; are not deposits or other obligations of Raymond James Bank; are not guaranteed by Raymond James Bank; and are subject to investment risks, including possible loss of the principal invested
Preserving Your Wealth
Preserving assets and managing risk take on added urgency once you’ve achieved a certain level of wealth. In addition to preserving your wealth against unexpected events, you are most likely focused on maintaining your standard of living, providing for your family and generating income with minimal tax consequences. We are well-versed in addressing these matters and offer an extensive range of services to help.
Asset allocation is one of the most important single determinants of overall investment performance and risk. *Choosing the appropriate mix of asset classes can also significantly reduce portfolio volatility. We make asset allocation a key component of our investment strategy, selecting a mix of asset classes that reflects your financial objectives, timeline and risk tolerance.
*Asset allocation does not guarantee a profit or protect against a loss.
Concentrated equity strategies
Family wealth is often concentrated in a single stock, either inherited or earned during a successful business career. If you’re in this situation, there are many options available beyond simply selling the stock. Although reducing the risk of a concentrated equity position can be complicated, we can provide a variety of strategies that can hedge, monetize, diversify or transfer the position while managing the tax implications.
Insurance and annuities
Because insurance protects you from the unexpected, it plays a crucial role in your comprehensive financial plan. Raymond James provides a wide array of quality insurance alternatives, including life insurance, long-term care insurance and annuities. They can offer an important layer of safety for you, your family or your business.
We take a tax-sensitive approach to financial planning and work with you and your other professional advisors – accountants and tax attorneys – to help minimize the impact of taxes. By developing and implementing strategies to lessen or shift current and future tax liabilities, we can help improve your prospects for meeting your financial objectives. In addition to impacting your life today, prudent tax planning can play a large role in the amount of wealth you will be able to someday transfer to your heirs.
Building Your Legacy
One highly rewarding aspect of wealth is being able to share it with your loved ones and the charitable causes close to your heart. By collaborating with your tax and legal professionals, we can help develop a plan that enables you to maintain your lifestyle now while leaving a meaningful legacy that lives on.
Whether it’s providing income for a spouse, educating children or grandchildren or leaving money to charity, proper estate planning can help ensure that your assets accumulated over your lifetime are preserved for the use you have intended.
Through Raymond James Trust, N.A. (an affiliate of Raymond James Financial Services, Inc.), we offer a full array of trust structures, including charitable-giving tools that also may feature tax advantages. Whether your goal is to minimize estate taxes, help ensure you have the funds you need down the road, provide for a loved one or spell out exactly how you want your wishes to be carried out, we can help.
Giving cannot only help the organizations you choose, but can also generate personal tax benefits and advance your wealth management plan. We can help you with strategies that include private family foundations, charitable trusts, charitable gift annuities, pooled-income funds and donor-advised funds.
Funding a child or grandchild’s higher education can be a personally rewarding use of your wealth. We can help you provide for this opportunity with investment vehicles such as 529 college savings accounts and specialized trust vehicles.