Raymond James Selects FactSet as the Market Data Provider for U.S. Financial Advisors

Rhea-AI Summary

FactSet announces its deployment of advanced wealth management solutions to over 7,500 Raymond James advisors across the U.S. This partnership enhances advisor productivity by offering a modern, web-based platform that provides immediate access to FactSet's analytics. The implementation aims to improve client engagement while reducing reliance on traditional systems. Notably, FactSet stands out in the financial service industry, having recently been added to the S&P 500 and receiving high marks for its inclusive policies.

Positive

• Deployment of FactSet solutions to over 7,500 advisors enhances productivity and client engagement.
• FactSet's solution reduces dependence on locally installed applications.
• FactSet recognized as an S&P 500 company, highlighting its market strength.

Negative

• None.

FactSet solutions deployed to over 7,500 Raymond James wealth management professionals across the United States.

NORWALK, Conn., Aug. 17, 2022 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that it has been selected as the primary market data and technology provider for the Raymond James U.S. Private Client Group.

FactSet has worked alongside Raymond James to virtually deploy over 7,500 advanced wealth workstations to financial advisors throughout the United States. The implementation provides advisors with FactSet’s industry-leading content and analytics within a modern, web-based interface to reduce the firm’s dependence on locally installed applications.

FactSet’s intuitive workstation and mobile solutions enable flexible access points and a seamless platform adoption for Raymond James advisors working remotely to increase productivity and enhance client engagement efforts.

“Our collaboration with Raymond James is a clear example of how FactSet’s wealth management solutions give financial advisors the tools needed to drive productivity and efficiency with differentiated content and analytics through a modern and flexible interface,” said Goran Skoko, Executive Vice President, Head of Research and Advisory Solutions at FactSet. “We are excited to work with Raymond James, who is committed to enhancing the advisor experience with better technology to achieve stronger results for their business and clients.”

“Providing advisors with technology that’s flexible, intuitive, and sophisticated is vital and frees up valuable time that allows them to focus on client relationships,” said Vin Campagnoli, Chief Information Officer at Raymond James. “Offering FactSet’s market data via web and mobile interfaces ensures that advisors and clients have constant access to the timely data and analytics that drive the planning process.”

For more information on FactSet’s wealth management solutions, visit: Wealth Management | FactSet.

About FactSet 
FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 173,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions, with the distinction of having been recently added to the S&P 500, and repeatedly scored 100 by the Human Rights Campaign® Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset.

About Raymond James
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations, and municipalities. The company has approximately 8,600 financial advisors. Total client assets are $1.13 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.

FactSet 
Investor Relations Contact:
Kendra Brown
+1.203.810.2684
kbrown@factset.com

Media Contact:
Megan Kovach 
+1.512.736.2795 
megan.kovach@factset.com 

Raymond James
Jana Fuller
+1.727.567.2824
Mediarelations@raymondjames.com

 

FAQ

What is the significance of FactSet's deployment to Raymond James advisors?

FactSet's deployment improves productivity and client engagement for over 7,500 Raymond James advisors by providing modern analytics solutions.

When was FactSet's solution deployed to Raymond James?

The deployment was announced on August 17, 2022.

What technology does FactSet provide to Raymond James advisors?

FactSet provides a web-based platform with advanced analytics to enhance decision-making capabilities for advisors.

What recognition has FactSet achieved recently?

FactSet has been added to the S&P 500 and has received high scores for its inclusive policies.