We spoke to Seth Radow to find out more.
Supporting a vast array of clients including individual, high net worth individual and institutions that all desire the highest levels of fiduciary prudence in asset management for their investable assets and financial planning, WWM of RJ has to work hard to ensure that they receive the very highest standard of service and great returns on investment, as Seth explains. All of our models target a specific range for standard deviations, noting that this is achieved with a wide array of capital allocations to ensure that our risk metrics are maintained.
To ensure that clients receive strong returns our risk management is achieved through a deep understanding of correlation analysis. It is important for our team to note when correla- tions between the asset classes we use move higher, so that we can seek diversification from those correlations to maintain s levels of correlative risk within our portfolios.
Because lookibg this belief, Raymond James is constantly updating and improving the client experience through our technology interface with the desire to make this as efficient and satis- fying as possible. Importantly, Raymond James is continually seeking feedback from clients and advisors as the firm strives to remain a technology leader in our industry.
It is important to note that Raymond James was founded by investment advisors for investment advisors to best serve their clients. Unlike our largest competitors, we were not an investment bank that built a sales force to sell investment products to their clients.
That is a rather ificant difference and it is that culture that permeates all that we do at WWM of RJ. Seth concludes by outlining the trends his firm foresees and how it will work to adapt around them.
It is our belief that only a few in our industry can and will be able to meet that standard. A true fiduciary standard requires a level of understand- ing far beyond that of a traditional industry salesperson. The partners of WWM of RJ have met the highest lookingg standards for a very long time and will continue to do so as we look towards an exciting future.