TORONTO, Oct. 16, 2013 /CNW/ - Investment dealer Raymond James Ltd., the
Canadian arm of North American investment dealer Raymond James
Financial, Inc., today announced that senior industry executive Richard
Rousseau will be joining the firm's Private Client Group, effective
January 1, 2014.
Rousseau is widely respected throughout the securities industry and most
recently served as Vice-Chairman, Executive Vice President and National
Sales Manager of National Bank Financial.
"Richard's reputation speaks for itself. He is a leader in our business
and also in his volunteer activities and community contributions," says
Paul Allison, Chairman and CEO of Raymond James Ltd. "His depth of
experience and industry knowledge strengthens our already strong team
in our Private Client business and will benefit our ongoing strategic
developments and growth nationally."
Rousseau will join the firm as Senior Vice President, Private Client
Group and will be based in the firm's Montreal office. His primary
focus will be to build out Raymond James' Quebec Private Client
business by attracting quality Financial Advisors, while also
contributing to the firm's growth across Canada. He will also serve on
the firm's senior management team as a member of the Private Client
Group Operating Committee.
"Richard's reputation in the industry will help us in many ways to
accelerate and lead our growth plans for our Private Client business in
Quebec, "says Terry Hetherington, Executive Vice President, Private
Client Group. "We are committed to building a stronger presence in
Quebec and firmly believe Quebecers will benefit from greater access to
a strong, independent alternative to bank-owned dealers."
Rousseau has been an active supporter of various industry associations
including being a member of the Board of the Investment Industry
Association of Canada (IIAC) from 2010-2012, and the National Advisory
Committee Chair of the predecessor association, the Investment Dealers
Association (IDA) from 2000 to 2002. In addition, he has been the
President of National Bank Financial's 2009 and 2010 United Way
(Centraide) Campaigns. He also continues as a Board Member for Free the
Children, a volunteer role he has undertaken since 2009.
"It's very exciting for me to be joining a unique firm whose primary
focus is Financial Advisors and their clients," says Rousseau. "Raymond
James is a firm that celebrates the freedom for advisors to always put
the needs of clients first, with no push to sell proprietary products,
plus the backing of a North American leader capable of delivering world
class wealth management solutions in communities in Quebec and
Raymond James is a leading North American independent full service
investment dealer offering an extensive range of professional
investment service and products including: private client services,
financial and estate planning services, portfolio management,
insurance, equity research, investment banking and institutional sales
Through its network of approximately 6,300 Financial Advisors across
Canada, the United States and key international centres, Raymond James
serves more than 2.5 million individual clients and families, and
manages more than $410 billion in client assets under administration.
For more information about Raymond James, please visit our web site at:
SOURCE: Raymond James Ltd.
For further information:
Senior Vice President, Corporate Communications & Marketing
Raymond James Ltd.
Tel: (416) 777-7063, email: firstname.lastname@example.org