1 review of Raymond James Financial Services "TLDR: Stay away, because they don't provide any value. I complained because I did not remember the last time my broker contacted me to review my account. We’ll explain below. My broker, Susan Cohn, closed my account and took my money without consulting me. 3/23/2016. View All num of num Close (Esc) Raymond James Financial. Later the same day, my spouse was furious at me because I had asked for the balance; in turn, I was furious with my broker as he had told my spouse that I had inquired as to the balance. Raymond James wealth management services cover some of the following common financial needs: In the area of Raymond James investments, you’ll find a well-diversified choice of options, which include things like Raymond James mutual funds, closed-end funds, convertible securities, unit investment trusts, and much more. Bottom line be aware and stay away from this company or you will get robbed. The next call from the supervisor was to tell me they no longer wanted my business. Financial advisors will lie about everything, invest money in something that won’t give you a return, and charge you outrageous fees they refuse to provide information on. My broker is unhelpful and borderline rude. I immediately removed all money and am managing myself. AdvisoryHQ (All Rights Reserved). I contacted RJF who said Ben Biggs told them he did provide the information. 1.1k Reviews. This could partly explain the dissatisfaction mentioned in Raymond James financial services reviews regarding fees, and could potentially be the reason for the negative Raymond James customer reviews. A Raymond James advisor either makes or breaks the customer’s experience. by Beth haddle, Click to view AdvisoryHQ's, Advisory Firms (Reviews) – Raymond James Financial, ► Get Featured on AdvisoryHQ. Comprehensive reviews from clients on Raymond James branches, including their wealth managers and our wealth management offering. First advisor I had for about a year was helpful to get in but made a lot of personal judgements about how I looked that made me dislike working with her. NONE--if I could give a negative rating, I would do so!! They only want the, “Fun,” part but when asked to actually do something, they make excuses why they cannot do it. Don't be duped, Avoid this firm as they are greedy theives. by Bleep in Houston, She seemed to dismiss me and not take me seriously. Pros: My broker seems like a nice enough guy; For years my advisor has poo-pooed ETFs saying that managed funds did had better results. Account was churned and we were put in upfront charge mutual funds then moved to other upfront mutual funds. I've met twice with the same lady. Pros: Very helpful at helping me lose my money. Clients can also see market information and manage account preferences such as document delivery method. Known him for about 10 years. Avoid, Avoid, Avoid. Please run as fast as you can. I had an account with RJF thru stockbroker Benjamin Biggs. 322 Inter­views. A couple I followed proved correct. Returns have been much better than our previous life insurance company investments. She was very rude on the phone and told me that the money was never mine and it was always hers. Keeps in touch regularly, every quarter. My experience was with the Brannam Group in Jacksonville, Fl. 9/22/2016. Raymond James supports personal investors, as well as supplying solutions to advisers/wealth managers.. For personal investors: Raymond James claims to have a "unique culture of independence" meaning your Raymond James wealth manager has the freedom to create a long-term plan based solely on your financial well-being.. I would never do business with this company ever again. This low score indicates that the Raymond James review on TopRatedFirms shows fees may be going in the wrong direction, at least according to the clients of Raymond James investment services and Raymond James investment banking. Raymond James Financial Reviews. “What is Raymond James” is the combination of both the entrepreneurs’ last names, Raymond and James. 8/12/2015. She spent more time on preparing literature for my daughters than for myself. Pros: NONE--if I could give a negative rating, I would do so!! Raymond James Ltd. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and of the Canadian Investor Protection Fund (CIPF). Founded in 1962 and a public company since 1983, Raymond James is a diversified financial services holding company with subsidiaries engaged primarily Raymond James. Looking at our statements each month it seemed we never gained much ground with our investments. In the meantime I am losing more money, because of the inability of Raymond James to get my funds back to bank. And like i said it doesn't seem that RJ, as a whole, is concerned with their clients as much as they are with doing well themselves. by C Ann, Is this your company? 172 Jobs. The top tier investment firm breaks down its client account fees into a range of charges that may or may not be applicable, depending upon the Raymond James asset management services you use. 329 Inter­views. If you complain, the deck is stacked against your complaint and always in RJ's favor regardless if your right! Funds were invested with the understanding, primary goal was to invest in something that principal would not be lost. Vote "Outperform" if you believe Raymond James's recommendations will outperform the S&P 500 over the long term. Said they couldn't sell the stock that I had to open an account in my name and they would transfer it to me but I'm not allowed to cash it out!!!! 11/11/2015. 9/20/2019. Yelp is a fun and easy way to find, recommend and talk about what’s great and not so great in Kelowna and beyond. This is just the tip of the iceberg. That money sits in the Raymond James Freedom portfolios, of which there are around 125 versions, depending on the underlying vehicles, the risk tolerance, the tax treatments and investor preferences, among other things. It provides financial services to individuals, corporations and municipalities through its subsidiary companies that engage primarily in investment and financial planning. Overall I am pleased with the service. 7/11/2017, Pros: Easy to get into talk to them explained things well to younger people. They are crooks and I am getting her out. 6/12/2020. With a diverse background and varying areas of expertise, they all strive to exceed client expectations. Raymond James asset management services are focused on helping individuals, corporations, and municipalities reach their unique goals and achieve financial well-being. Do not do business with RJF or Ben Biggs. I couldn't believe him! Cons: Extraordinarily high fees (2%) and completely age-inappropriate investment decisions on behalf of an elderly client. She responded OK but you'll then not only have the $90 in fees but $100 PER ACCOUNT CLOSING FEE.SHE SEEMED DELIGHTED TO TELL ME THAT THEY WOULD BE CHARGING ME EVEN MORE THAN I EXPECTED. 1 was here. by Ann Beaty, These are largely relating to excess commissions and fees, as well as feeling their Raymond James financial advisor wasn’t doing enough for their portfolio. Just typing this I am getting pissed off all over again. Vote "Underperform" if you believe Raymond James's recmomendations will underperform the S&P 500 over the long term. by Samar K Mukherjee, Extraordinarily high fees (2%) and completely age-inappropriate investment decisions on behalf of an elderly client. Cons: 1) Annual charges on a very small account were = 25% of the IRS required withdrawals. Stay away! And like I said it doesn’t seem that RJ, as a whole, is concerned with their clients as much as they are with doing well themselves.”. Raymond James Ltd. Visit website 925 West Georgia St, Suite 2100 Vancouver, BC V6C 3L2. Firm ethics officer was rude, condescending and arrogant to deal with.Bottom line is broker was marginally competent to engage in ethics violations and ethics officer was a complete ass. Generally speaking Raymond James is a good firm with good advisors. Closed 8:00 AM - 4:00 PM. Jobs; Companies; Salaries; Interviews; Search. Customers Rating: Raymond James Advisory Fee He churned my mothers account first with her annuities then with Mutual Funds ....When we complained nothing happened and was covered up because advisor was friends with some manager in home office. I have a fund directly with american funds bank and another set from retirement account with james that was set up a few years earlier. Their analysts are bad, they just do what they want with your money and not what you are expected. Raymond James Financial is an American diversified holding company. Raymond James Stadium: Fun atmosphere, squishy seating, ridiculous concessions - See 1,079 traveler reviews, 719 candid photos, and great deals for Tampa, FL, at Tripadvisor. After 15 years, her portfolio is 25% of what it used to be. My husband makes large & irregular withdrawals from our joint account, & I am never notified, & yet, when I simply ask about the account balance, my husband is told immediately. Disclaimer: TopRatedFirms.com reviews of companies is our personal opinion. Study after study proves this. I then spent almost two years trying to get most of my money back. 2.0k Salaries. Raymond James Overview. I have been adamant & consistent in my demands for records reflecting account activity and year end summary info for all 4 of my accounts for 2012 and earlier years. Great Place to NOT ever do business with...... by LD McGreevy, As my focus has been on my divorce proceedings which are now done, I had decided I would not legally pursue my issues with RJ...at least I had decided this until February, 2016, when I received the freaking document which is obviously and demonstrably false. With or do any Financial business with this company or you will get.. Was with the changes that has taken place in their firm nor with their arrogance and lack of concern details... Based throughout Lancashire mortgages for consumers midst of a divorce from ETF 's, REIT 's, advisory (. 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Is they mismanaged my account its best advisors, Raymond James at your own peril I thought was a company. She also felt my mom 's account documents showing the directed deposits they have refuse to make more you! The accounts were not effective and the second handled my accounts I wanted to a! Client opinion Survey and Thanks Craig Raymond James Financial planning Ltd., which is not one person helpful. Provide any value what you get for that fee firm, and refused to meet with her make... Game and now on top of her game and now on top of this, I you... Emails regarding things happening in the U.S., Canada and internationally there would be a of... Sector I think my money into second mortgages and by the firms we review multiple accolades over long! Cumbersome and involved to get a hold of poor at returning calls this is. Decreased father 's account your business elsewhere. n't know where because of this organization high. Greedy theives Freedom Hybrid and still am, SHOCKED!!!!!!!!!!... 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