RJ Financial Services puts recruiters in field; Seeks to replicate employee affiliate's success.(News)

Investment News, January, 2007

Byline: Bruce Kelly NEW YORK - In a break with its past, Raymond James Financial Services Inc. has begun to build a network of recruiters across the country. The St. Petersburg, Fla.-based independent broker-dealer, which has 3,200 affiliated registered representatives, has hired four new recruiters - three of whom will be based outside St.

Petersburg - as well as an administrative manager at its headquarters. The firm now has 11 recruiters. Until now, it has based almost all its recruiting operations in its home office. Leading the changes at Raymond James Financial Services is Bill Van Law, senior vice president and national director of business development, who last September joined the independent-contractor broker-dealer from its...

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