Get March Commentary - Raymond James

Custody Charges 0.50% custody charge on assets held in your accounts per annum. Raymond James actively works with fund companies to gain access to the most competitive fund terms.

The Quality Grade Winner: Raymond James Financial Inc As you can clearly see from the Quality Grade breakdown above, Raymond James Financial Inc has a better overall quality grade than Charles Schwab Corp.

We are compensated by asset-based fees. However, cost paid for asset management are included in many of our financial planning services. Different tiers of financial planning services are provided on a complementary basis based upon total assets under management in all fee-based accounts for a household.

Additional information regarding Raymond James fee-based accounts is contained within the Form ADV and can be found here. Commission: In a brokerage account, you will pay a commission/sales charge of up to 3.5% of the principal amount of the trade when you buy a structured investment.

Raymond James took a commission on these transactions in excess of 5 percent of the principal value, sometimes taking as much as 90 percent of the customer's transaction amount. Raymond James's supervisory systems failed to detect the automatic commission amount that resulted in overcharges to some of its customers.

Additional information regarding Raymond James fee-based accounts is contained within the Form ADV and can be found here. Commission: In a brokerage account, you will pay a commission/sales charge of up to 3.5% of the principal amount of the trade when you buy a structured investment.

Over the past five years, Raymond James charged unreasonable commissions on over 270,000 equity transactions and trades, resulting in its customers paying $8.25 million more than they should have, the North American Securities Administrators Association said.

First, the average return for Raymond James' recommended stocks (13.98%) is over 4.5 percentage points higher per year than the return on the S&P 500 (9.35%), and more than 5.5 percentage points higher per year than the average return for the recommendations of the other brokerage firms (8.17%).