AdvisorCentral Announces Mass Enrollment of Financial Advisors from Raymond James.Business Editors BOSTON--(BUSINESS WIRE)--May 20, 2003 Raymond James  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Inc. and Raymond James & Associates, Inc. to Enroll their Financial Advisors on AdvisorCentral AdvisorCentral, a core-business building portal for Financial Advisors and Broker-Dealers, announced that Raymond James Financial, Inc. (NYSE NYSE See: New York Stock Exchange : RJF) is nearing completion of a program to mass enroll its financial advisors as registered users. Financial Advisors from Raymond James Financial Services, Inc. and Raymond James & Associates, Inc. will be able to rely on AdvisorCentral to easily access clients' aggregated mutual fund holdings. "We want AdvisorCentral to be readily available to our Financial Advisors 24x7, whether they are in their offices, on the road, or working from home," said William William, crown prince of Germany William or Frederick William, 1882–1951, crown prince of Germany, son of William II. In World War I he commanded (1914) an army on the Western Front and was nominal commander in the German attack (Bill) Gross, Vice President of Operations, Raymond James & Associates. "Having instant Web-based access to AdvisorCentral will enable our advisors to quickly retrieve in-depth account information--leading to improved client service and more sales opportunities." Raymond James Financial, Inc. is now in the second phase of mass enrolling personnel on AdvisorCentral. Initially, the firm registered more than 100 back-office personnel to research clients' account activities and reconcile account balances. "Our staff is benefiting from and enjoys working with the AdvisorCentral portal," said Mr. Gross. "The flow of information on the site is very logical. We believe that AdvisorCentral will also become an essential resource for our Financial Advisors in their daily interaction with clients." Launched in November 2001, AdvisorCentral aggregates client information from over 40 industry-leading funds, and receives nearly 2 million queries each month. The portal's single log-in capabilities enable financial advisors and their administrative colleagues to save significant amounts of time by avoiding multiple calls to separate funds. In addition, the depth of available information enables advisors to speed and strengthen customer service. "Raymond James' initiative validates that AdvisorCentral is now fundamental to advisors' everyday operations," said Harry Groom, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AdvisorCentral. "We believe that by relying on AdvisorCentral as an important resource, Raymond James will help its advisors increase productivity while becoming more responsive to their clients." About AdvisorCentral AdvisorCentral (advisorcentral.com) serves as a core business-building portal for financial advisors and broker-dealers--providing indispensable information, commentary, research, and workplace resources. AdvisorCentral is also a major marketing resource and source of trend data for participating mutual fund companies. Leveraging industry-standard technologies for ease of use, AdvisorCentral provides advisors with consolidated views of their clients' holdings across all participating fund companies and receives nearly two million monthly queries. While features may vary by investment company, AdvisorCentral offers a range of additional capabilities such as the ability to make purchases, exchanges and redemptions; view detailed historical transactions; calculate contingent deferred sales charges Contingent deferred sales charge (CDSC) The formal name for the load of a back-end load fund. contingent deferred sales charge A mutual fund redemption fee that is reduced or eliminated for specified holding periods. ; and directly link to participating funds' Web sites. AdvisorCentral is jointly owned by Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. (R), Franklin Templeton Investors Services, Inc., Putnam Investments Putnam Investments was founded in 1937 by George Putnam. At the same time, he founded its first mutual fund offering, The George Putnam Fund of Boston.[1] Putnam has offices in London and Tokyo, and its headquarters is located in Boston, Massachusetts. and PFPC PFPC Professional Financial Planning Course (Canadian Securities Institute) Inc., a member of the PNC Financial Services PNC Financial Services (NYSE: PNC) is a U.S.-based financial services corporation, with assets of $92.0 billion. PNC operations include a regional banking franchise operating primarily in eight states and the District of Columbia, specialized financial businesses serving Group, Inc., and it is free to advisors. About Raymond James Financial, Inc. Raymond James Financial, Inc. (NYSE: RJF) provides financial services to individuals, corporations and municipalities through its three wholly-owned investment firms, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd., which have over 5,200 Financial Advisors in more than 2,100 locations throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and internationally, as well as through its asset management subsidiaries, which currently manage in excess of $16.3 billion. Editors and reporters seeking interviews with AdvisorCentral should contact Dawn Ringel, Warner Communications, at 781-449-8456 or dawn@warnerpr.com. |
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