Market volatility has shot up since the distributor logged steady and robust sales of structured products for the first quarter.
Raymond James is tooling up its structured products distribution in a second quarter that is foreseeably challenging as US stocks plummet and volatilities spike since Friday (4 April). Between January and March, the St.Petersburg, Florida-headquartered wealth manager kept the momentum with US$1.8 billion structured product sales recorded, up 46% year-over-year or a stable level from Q4 2024. It’s anyone’s guess how long and deep [Trump] plans to dig his feet in and