TORONTO, Sept. 6, 2011 /CNW/ - Raymond James Ltd., the Canadian arm of
North American investment dealer Raymond James Financial, today
announced that industry veteran Ken Avalos is rejoining the firm
effective September 2011 as Senior Real Estate Analyst to lead its
Canadian real estate research coverage. To further leverage the firm's
cross border strengths, Mr. Avalos will be located in the Raymond James
home office in St. Petersburg, Florida.
"By locating our Real Estate research coverage in the U.S., we are able
to enhance our service delivery to Canadian clients who can benefit
from our existing stronghold in the U.S. marketplace, " said Daryl
Swetlishoff, Head of Research for Raymond James in Canada. "Raymond
James is unique in its ability to offer Canadian clients pure US
research, plus connections to a myriad of new US investors, including
more than 1,400 institutional investors who have an existing
relationship with the firm. "
Mr. Avalos is widely respected among investors and issuers throughout
the real estate investment industry and previously served in senior
research roles at Raymond James from 1997 to 2008, including a six year
stint as a REIT Analyst in the real estate group. He has also held
senior roles in finance, risk management and investor relations and,
most recently, he was Director, Finance and Capital Markets at First
Potomac Realty Trust in Maryland. First Potomac is a leading office
and industrial properties owner in the Greater Washington D.C. region
with total assets of approximately $1.6 billion and a portfolio of some
14 million square feet.
"Ken has a unique background which will add value to our real estate
coverage mainly because of his breadth of expertise in research and
corporate, as well as his extensive relationships with institutional
investors across North America," said Swetlishoff. "He combines keen
analytical insights with proven communications and strategic planning
After graduating from Boston College in 1995, Mr. Avalos earned a
Masters of Business Administration, with an emphasis on finance and
international business, from the Stern School of Business at New York
"Ken is a strong addition to our research team," said Paul Allison,
Chairman and Chief Executive Officer of Raymond James Ltd. "He will
significantly impact our real estate research capabilities and
underscores our commitment to deliver the full power of Raymond James
from both sides of the border to better serve our Canadian clients."
Raymond James is a leading North American independent investment dealer
offering a full range of professional investments and products
including: investment banking and institutional sales and trading,
equity research on more than 800 companies across Canada and the United
States. In addition, Raymond James is a leader in the delivery of a
full range of private client investments and financial products such
as: financial and estate planning, portfolio management, insurance and
other wealth management solutions.
Its three principal wholly owned broker/dealers, Raymond James &
Associates, Raymond James Financial Services and Raymond James Ltd.,
have more than 5,300 Financial Advisors serving approximately 2 million
accounts in 2,400 locations in Canada, the United States and overseas.
In addition, total client assets are approximately $271 billion, of
which $36 billion are managed by the firm's asset management
subsidiaries. In Canada, Raymond James Ltd. has approximately 450
Financial Advisors in 117 locations managing approximately $18 billion
in client assets under administration.
SOURCE Raymond James Ltd. (Toronto)
For further information:
Peter Kahnert, SVP Corporate Communications
email@example.com or call (416) 777-7063.