It’s your business. You should decide how to run it.

THE POWER OF CHOICE

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We believe the most successful financial advisors start out with one very important, and simple, thing in common: a choice. That’s why we’ve built our entire advisor affiliation platform around giving you an array of powerful options and the freedom to choose among them.

Through AdvisorChoice, our innovative approach to affiliation, you have the ability to match your professional goals to the affiliation model that’s right for you, each offering a unique combination of support, independence and the flexibility to build your business as you see fit.

Giving you everything you need to be successful begins with giving you the power of choice.

EMPLOYEE ADVISOR ALEX. BROWN EMPLOYEE ADVISOR EMPLOYEE SELECT ADVISOR

OVERVIEW

Own your book of business and work in a branch setting where service, technology and operations associates support you locally, with all the resources of the home office serving you.

Work in a boutique business setting leveraging the 200-year-old Alex. Brown brand with the full support of Raymond James behind you along with select third-party institutional and research capabilities.

Enjoy the freedom and flexibility of running your own office with full access to comprehensive administrative and technology support and a full array of corporate benefits.

FIT

Enjoy a full-service branch setting, but with more flexibility and control than you will find in any other traditional partnership. You’ll build your own brand or leverage the Raymond James brand, while you enjoy support from your local team, branch and operations managers so you can focus your attention on your clients and growing your business.

Enjoy a full-service branch setting, but with more flexibility and control than you will find in any other traditional partnership. You’ll leverage the 200-year-old heritage of the Alex. Brown brand while you enjoy support from your local team, branch and operations managers so you can focus your attention on your clients and growing your business.

Realize all the support of the Raymond James platform and resources, with enhanced flexibility. You control your location, staffing and expenses, while we do the rest.

PAYOUT OPTIONS

You’ll receive up to a 50% payout – your specific percentage will depend on your production.

You’ll receive up to a 50% payout – your specific percentage will depend on your production.

You’ll receive 70% to 80% gross payout – your specific percentage will depend on your production (no ticket charges), and your net payout will depend on your branch expenses.

SUPPORT STAFF

Your support team – branch professionals, additional staff, etc. – will be determined by your branch manager and corporate guidelines with assistance from Raymond James Human Resources.

Your support team – office employees, additional staff, etc. – will be determined by your regional executive and corporate guidelines with assistance from Raymond James Human Resources.

You’ll hire and manage your own support team with the assistance and guidance of Raymond James Human Resources.

LOCATIONRaymond James will locate available office space or an existing branch office for you.

Raymond James will locate available office space or an existing branch office for you.

You’ll determine location and select your office space.

EMPLOYEE BENEFITS

You’ll enjoy a full array of competitive employee benefits offerings. Refer to our compensation guide for additional details.

TECHNOLOGY

Through Advisor Access, a comprehensive web-based solution, you’ll have access to our integrated financial planning platform, performance reporting, CRM, high-quality research, an institutional-level trading system and more, all of which is available on-the-go through our Advisor Mobile application. Additionally, your clients will have web and mobile access to their accounts, through Client Access, providing account overviews, document storage, mobile check deposit, account aggregation and more.

RESOURCESYou’ll have access to all Raymond James products and services, including solutions to address high-net-worth, complex client needs, an in-house marketing agency to develop custom branding, practice management tools leveraging best practices from our advisors, and diversity and inclusion networks.

Employee Affiliation Options (W2 Models)

Work with a firm, but for yourselfYou prefer a traditional setup that allows you to stay focused on your clients. However, that doesn’t mean you have to run a traditional business. Our employee approach gives you all the resources, services and support you expect, and a degree of freedom you never thought possible.

INDEPENDENT CONTRACTOR HYBRID RIA INDEPENDENT RIA

OVERVIEW

Enjoy all the benefits of independently owning your practice with the freedom to do things your way. Receive access to a full range of investment products, our integrated technology and wealth management platforms, with the support of Raymond James to build your business on your own terms.

Grow your business with the freedom to find the right combination of fee-based and commission-based business that is right for you, with the support – and respect – of a firm strong enough to offer everything you need and flexible enough to let you decide how much you want.

Gain the personalized attention you need as a fee-based financial planner or investment management consultant as well as turnkey services – including cutting-edge technology, integrated research capabilities, and wealth management platforms and services built around the way you do business.

FIT

For the entrepreneurial-minded, enjoy running your practice as a true business owner while you leverage the support and expertise of your regional management team. You’ll oversee your location, benefits and staff as well as overhead expenses.

Find the blend of fee-based and commission-based business that works best for you, while enjoying the freedom and support you need from Raymond James. Talk to your consultant about the various ways to structure a Hybrid RIA with Raymond James.

You’ll have strategic, financial and administrative control of your practice. Whether you run your firm as a sole practitioner, a family operation or a large-scale advisory firm with room for successful advisors to join your team, you’ll control everything from P&L to staffing to compliance.

PAYOUT OPTIONS

You’ll receive an 81% to 90% payout – your specific percentage is based on each branch’s total prior months’ trailing 12 production.

You’ll receive 100% of investment advisor’s fees and 81% to 90% payout on commission business – your specific percentage is based on each office’s total prior months’ trailing 12 production.

You’ll receive 100% of investment advisor’s fees you collect.

SUPPORT STAFF

You’ll hire and manage your own support team – branch professionals, additional staff, etc.

You’ll hire and manage your own staff. You’ll hire and manage your own staff.

LOCATION You’ll determine location and select your office space.

EMPLOYEE BENEFITS

You’ll create your own benefits package with the option to purchase a package from a preferred outside provider.

You’ll create your own benefits package with the option to purchase a package from a preferred outside provider.

You’ll create your own benefits package.

TECHNOLOGY

Through Advisor Access, a comprehensive web-based solution, you’ll have access to our integrated financial planning platform, performance reporting, CRM, high-quality research, an institutional-level trading system and more, all of which is available on-the-go through our Advisor Mobile application. Additionally, your clients will have web and mobile access to their accounts, through Client Access, providing account overviews, document storage, mobile check deposit, account aggregation and more.

RESOURCESYou’ll have access to all Raymond James products and services, including solutions to address high-net-worth, complex client needs, an in-house marketing agency to develop custom branding, practice management tools leveraging best practices from our advisors, and diversity and inclusion networks.

Independent Affiliation Options (1099 Models)

Go your own way, with our full supportThe key to independence isn’t running your business all on your own, but running it on your own terms. It’s all about control: yours. This approach is designed to help you build the business you’ve always wanted using as much or as little of our support as you need.

BANK AND CREDIT UNION CUSTODY & CLEARING

OVERVIEW

Grow your business through the resources and solutions offered through Raymond James in partnership with a highly reputable local financial institution. An affiliation through the Financial Institutions Division provides you with best in class technology, flexibility and support through a powerful partnership between Raymond James and a local financial institution.

Enjoy the robust resources of Raymond James through the unique culture of the independent broker dealers and registered investment advisory firms that have chosen to partner with Raymond James Custody & Clearing Division.

FIT

You’ll leverage the history and reputation of a community institution partnered with the extensive resources, product platform, and forward-looking technology and dedicated team at Raymond James. Exponentially grow your business in your community with a local financial institution alongside a powerful affiliation with Raymond James.

The independent BDs and RIAs that utilize our custody and clearing services create the business model for their own firms. They establish their own payout grid, relationship with the FA (W2 and/or 1099), production minimums, compliance rules and product mix. With more than 40 firms to choose from, you are virtually certain to find the right arrangement.

PAYOUT OPTIONS

The financial institution in partnership with Raymond James will determine a competitive compensation package to support you and your transition.

Compensation will be determined by you and your firm.

SUPPORT STAFF

You will leverage the support of a robust, local f inancial institution including marketing, technology, planning and sales support.

Varies by firm.

LOCATIONYour financial institution will determine your location and office space, which may include multiple locations around you in support of your growth.

You can choose to join an existing branch of your firm or start a branch of your own.

EMPLOYEE BENEFITS

You’ll enjoy a full array of competitive employee benefits offerings provided by your institution.

Benefits will be determined based on your affiliation model and your firm.

TECHNOLOGY

Through Advisor Access, a comprehensive web-based solution, you’ll have access to our integrated financial planning platform, performance reporting, CRM, high-quality research, an institutional-level trading system and more, all of which is available on-the-go through our Advisor Mobile application. Additionally, your clients will have web and mobile access to their accounts, through Client Access, providing account overviews, document storage, mobile check deposit, account aggregation and more.

RESOURCESYou’ll have access to Raymond James products and services, including solutions to address high-net-worth, complex client needs, an in-house marketing agency to develop custom branding, practice management tools leveraging best practices from our advisors, and diversity and inclusion networks.

Institutional Affiliation Options (W2 or 1099 Models)

Build on your strength with a little of oursThe first step toward doing even more for your clients is to find a firm willing to do its utmost for you. The institutional approach centers on partnership. And as your partner, it’s our job to help your firm or institution compete in any market and serve any client.

Your business at Raymond James We want you to be comfortable that you have all the information you need to make the best decision for you and your clients. Talk to your recruiter about a customized pro forma for your practice, where you can visualize how your business will look at Raymond James, or compare it to other firms you may be considering as part of your due diligence process.

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