Raymond James enters distribution deal with Alliance Bernstein

Additional funds to be added in due course

Victoria McKeever
clock • 1 min read

Wealth manager Raymond James Investment Services has agreed a distribution deal with investment manager AllianceBernstein (AB), offering nine of the firm's funds on its platform.

The range of funds includes equity, fixed income and multi-asset products, covering a mix of asset classes and sectors. They range from exposure to the US stock market and European corporate bonds to a multi-asset approach in emerging markets.  Additional funds from AB's Luxembourg-domiciled range, of which almost three-quarters (74%) have a four or five star Morningstar rating, are expected to be added to the platform in due course, AB said.   The Raymond James network includes 97 IFAs across the country, including 35 Raymond James-branded branches, 17 co-branded branches and 45 d...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Andrew Goodwin: Advisers should help shape the future, not predict it

Andrew Goodwin: Advisers should help shape the future, not predict it

'Disappointment erodes confidence and generates anxiety'

Andrew Goodwin
clock 04 March 2025 • 5 min read
FCA imposes restrictions on SEI's UK platform business

FCA imposes restrictions on SEI's UK platform business

SEI restricted from launching products and onboarding institutional clients

Sahar Nazir
clock 04 March 2025 • 1 min read
PA Asks: Were the FCA's ongoing advice review findings surprising?

PA Asks: Were the FCA's ongoing advice review findings surprising?

This week’s poll also looks at HNWI UK exodous and the IHT gifting regime

Professional Adviser
clock 03 March 2025 • 1 min read