Raymond James Financial Selects PNC

Raymond James Financial, a Florida based financial services company, has selected PNC Global Investment Servicing for enterprise data management and information processing
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Raymond James Financial, a Florida based financial services company, has selected PNC Global Investment Servicing for enterprise data management and information processing.

The Raymond James network of 5,000 advisors will have access to PNCs AlbridgeWealth Reporting platform. Under the terms of the agreement,

Raymond James will also convert approximately 2.5 million mutual fund positions to Global Investment Servicings omnibus accounting platform. The move will enable Raymond James to bring shareholder accounting and administration in-house for mutual fund trade processing, recordkeeping, and enhanced control of client accounts.

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