Raymond James Ltd. Appoints Bob Larose to Its Private Client Group Team

TORONTO, July 13 /CNW/ - Investment dealer Raymond James Ltd., the Canadian arm of North American investment dealer Raymond James Financial, Inc., today announced that industry veteran, Bob Larose, has joined the firm's Private Client team effective immediately. Bob will work closely with Terry Hetherington, Head of Raymond James' Private Client Group, and other Senior Management team members on key growth and development initiatives.

"Bob's many accomplishments and professionalism are well respected throughout the Canadian investment industry," says Terry Hetherington, Executive Vice President, Private Client Group. "We know he will have an important impact helping us attract and develop high quality Financial Advisors to Raymond James and in many other ways as we continue to build on our success as Canada's fastest growing independent investment dealer."

Most recently, Bob served as National Sales Manager at Canaccord Private Client Group where he championed significant growth over an eight-year period. Prior to this role, Bob held progressively more senior management positions at ScotiaMcLeod and RBC Dominion Securities in Calgary, Montreal and Toronto. Bob began his career in the investment industry as a Financial Advisor where he consistently achieved top performer status.

Today, more than 450 Raymond James Financial Advisors serve the wealth management needs of individual investors and their families out of 100 locations across Canada. In addition, Raymond James was recently honoured for the second consecutive year in the J.D. Power and Associates 2010 study as the "Highest in investor satisfaction among full service brokerage firms in Canada."*

"Raymond James has an unmatched reputation in Canada and throughout its global network for its intense client focus and service first approach," says Bob Larose. "Its culture of independence sets it apart and continues to attract like-minded professionals who value the freedom to do what is right for their clients."

Raymond James is a leading North American independent full service investment dealer offering a full range of professional investments and products including: private client services, financial and estate planning, portfolio management, insurance, equity research, investment banking and institutional sales and trading. Through its network of approximately 5,300 Financial Advisors, Raymond James serves approximately 1.9 million accounts, located in more than 2300 locations throughout Canada, the United States and overseas. In addition, Raymond James manages over US$235 billion in client assets under administration. For more information about Raymond James, please visit our web site at www.raymondjames.ca

* Raymond James Ltd. received the highest numerical score among full service brokerage firms in the proprietary J.D. Power and Associates 2009-2010 Canadian Full Service Investor Satisfaction Studies(SM). 2010 study based on 6,486 total responses measuring 14 brokerage firms and measures opinions of investors who used full-service investment institutions. Proprietary study results are based on experiences and perceptions of consumers surveyed May 2010. Your experiences may vary. Visit jdpower.com.

For further information: Peter Kahnert, Senior Vice President, Corporate Communications and Marketing, [phone], [email protected]