Approximately 60% of the firm's 3,240 advisors, half of whom are over 50, have a succession plan in place, Curtis said during his opening address at Raymond James Financial Services’ annual national conference on Monday, but there are “too many [advisors] who don’t.” He urged advisors to work with the company’s
Regulatory areas such as suitability, fiduciary responsibilities and dealing with the
Technology improvements will center on “money movement” between accounts or to third parties and “client on-boarding,” by way of setting up new accounts, Curtis said.
Noting the conference’s theme of “Building on the past; Planning for the future,” Curtis pledged that the firm’s core values of integrity, conservative risk management and independence “won’t change.”
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