Align Financial operates independently of our broker dealer and custodian. This is important because it means we do not hold assets on behalf of clients.
Since 2014, Raymond James has been the custodian for our client assets; prior to that our clients assets were held with Wells Fargo Advisors. Being our custodian means Raymond James independently prepares all of our clients monthly account statements and tax reporting documents.
We selected Raymond James as our custodian because they have a long history of supporting independent advisors and allow us to do business in a way that puts our clients’ interests first. This partnership gives us access to all of the home-office and regional management support that Raymond James offers.
Raymond James also provides state of the art technology and cybersecurity. Beyond that, we value the ongoing insight and consultations available to us regarding investment strategy, economic outlooks, and the complex world of compliance and regulation.
Founded in 1962 and a public company since 1983, Raymond James is a diversified financial services holding company with subsidiaries engaged primarily in investment and financial planning, in addition to investment banking and asset management.
Today, Raymond James has more than 7,300 financial advisors serving approximately 2.9 million accounts in more than 3,000 locations throughout the United States, Canada and overseas. You can learn more about them here.