Asset Management Discipline

Raymond James Asset Management Services provides the intelligence and institutional capability needed to carefully construct a diversified portfolio, striving to eliminate the emotional aspect of asset allocation and trend-following behavior. Together with the risk management support of Mercer Investment Consulting, a leading global institutional consulting firm, we ultimately provide the sophistication expected and used by many of the country's largest foundations, plan sponsors and corporate pension and endowment funds.

Raymond James offers full-service asset management for clients who wish to employ the skills and expertise of professional money managers through separately managed accounts. A rigorous process is employed by our Asset Management Services team to carefully select and monitor world-class managers based on quantitative and qualitative criteria.

Through Raymond James Consulting Services (RJCS), we employ an institutional approach to building investment portfolios. After assessing return objectives and tolerance for risk, RJCS develops asset allocation alternatives grounded in forward-looking risk and return assumptions, based on Mercer's economic research.

Because every investor has a unique risk profile, RJCS has developed portfolio strategies targeting a broad range of risk levels, providing diversification intended to reduce the overall volatility of each portfolio while enabling investors to fulfill their long term-goals.

In a fee-based account clients pay a quarterly fee, based on the level of assets in the account, for the services of a financial advisor as part of an advisory relationship. In deciding to pay a fee rather than commissions, clients should understand that the fee may be higher than a commission alternative during periods of lower trading. Advisory fees are in addition to the internal expenses charged by mutual funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. A list of additional considerations, as well as the fee schedule, is available in the firm's Form ADV Part 2A as well as the client agreement.

For a complete list of fees and available services, please consult the most current Form ADV (Part 2A) and the Client Services Agreement that you may obtain from your Advisor.