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Raymond James bolsters indexed annuities and life wholesaling with acquisition

Deal with insurance marketer Producers Choice is expected to give the broker-dealer greater control over the way annuities are wholesaled to its advisers.

Looking to step up its indexed annuities and life wholesaling game, Raymond James Financial Inc. announced Friday it would acquire The Producers Choice, an insurance marketing organization.
The deal is expected to close mid-summer, and Producers Choice will act as part of Raymond James Insurance Gr

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