The investment management subsidiary of Raymond James will enter the ETF space in 2025 with a new platform headed by Mo Sparks, former director of exchange-traded products for the New York Stock Exchange.
ETFs, particularly actively managed ETFs, have seen a surge in popularity within the last decade, with many top asset management firms adding ETF products to their investment offerings.
“Our ETF platform launch is based on client demand and is in alignment with putting clients’ needs first,” said a spokesperson for Raymond James Investment Management. “Along with recent growth of ETFs in the active management space, ETF structures have evolved to include more capabilities within the product wrapper — which has become more mainstream, accepted and requested — making it an ideal time to bring the platform to market for our clients.”
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