Raymond James Financial Inc. has pushed back its return-to-office date to the middle of October as the coronavirus surges in its home state of Florida.
The St. Petersburg-based firm has told workers they don’t have to return to the office until Oct. 11, according to people familiar with the matter. The firm had initially wanted some workers to return to work next week, one person said, asking not to be identified discussing private information.
A spokesman for the company declined to comment.
Florida, which has become the epicenter of the coronavirus oubreak in the U.S., reported a record number of Covid-19 deaths last week. The spread of virus variants has spurred banks to enact more stringent precautions after initially leading the push to get people back to their desks. Perella Weinberg Partners and Jefferies Financial Group Inc. are pushing back their return-to-office plans as executives confront the highly contagious Delta strain.
Raymond James had some 14,800 employees as of September last year, according to a company filing.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
