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Raymond James looks to extend its RIA roll-up success with FallLine deal that gets John Straus off the startup schneid

The St. Petersburg, Fla.-based broker-dealer connected with Steward and this time it gets play at making gains in two weak areas -- serving RIAs and ultra high net worth investors

Author Janice Kirkel July 13, 2017 at 9:04 PM
no description available
John Straus: Other broker-dealers are not experienced in dealing with a wealthy complex client.

Stephen Winks

Stephen Winks

July 13, 2017 — 10:57 PM
Interesting iteration of a brokerage format, but plows no new ground on advisory services. The product focus does not bode well for professional standing of the user. Broker centricity does not make it compelling for the advisor. Financial services (prudent process), streamlining costs, a more modern approach to portfolio construction utilizing advanced technology is the DNA of advisory services, not yet another not tinkering with conventional brokerage at the margins. .If Dynasty goes deeper into advisory services, brokerage of any description can not compete on value, cost and the professional standing of the user. SCW
Spears Jeff

Spears Jeff

July 13, 2017 — 11:02 PM
As a former landlord of a Half-WAy house I wil. Say my $ is on John. The ONLY caveat is that conlinance is undervalued by many advisors. Until it is too late

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Mentioned in this article:

Tiburon Strategic Advisors
Consulting Firm
Top Executive: Charles Roame

Raymond James Financial Inc.
Asset Custodian
Top Executive: Bill Van Law

Portfolio Management System
Top Executive: Eric Poirier

FallLine Securities LLC
RIA-Friendly Broker-Dealer
Top Executive: John A. Straus

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