Raymond James Completes BondDesk Rollout

Raymond James Financial has completed the rollout of BondWorks wealth management platform from BondDesk. The fixed income solution will be used by Raymond James' roughly 5,400 financial advisors.

The rollout took approximately two months from start-to-finish for complete implementation.

"The feedback I've received from our advisers has been overwhelmingly positive," said Tom Galvin, senior vice president of investments for Raymond James & Associates.

He adds: "Much of that is due to the fact that information on offerings is now more robust and easier to sort and analyze while open and executed orders are easier to access. The BondWorks platform is making it easier to manage our fixed income holdings and to meet our clients' needs."

Raymond James' total client assets are approximately $271 billion, of which approximately $34.8 billion are managed by the firm's asset management subsidiaries.

Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal ... View Full Bio