Raymond James Investment Counsel Ltd. (Vancouver, British Columbia)

Name: Raymond James Investment Counsel Ltd.
Address: 925 W. Georgia St., Vancouver, British Columbia, V6 C3 L2
Telephone: 6046541526

Raymond James Investment Counsel Ltd. is an adviser based in Vancouver, British Columbia. It manages $117.53 million of regulatory assets for 376 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Florida, New Hampshire, New York, and Texas.

Raymond James Investment Counsel provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Raymond James Investment Counsel: assets under management

The assets under management (AUM) of Raymond James Investment Counsel Ltd. is $117.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 260% since the beginning of its operation, and $77.57 million of the total AUM is attributable to clients outside of the United States.

The firm manages $117.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $312.57 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 74% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 21% of the firm’s portfolio. Investments in other assets form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Raymond James Investment Counsel Ltd. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Timothy Evan Price serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Timothy Evan Price is individuals with 77 clients and $91.53 million of assets under management. Among the 8 most similar advisory firms, Raymond James Investment Counsel has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $117.53 million for 102 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 66% of the firm’s clients are foreign persons or businesses.

Raymond James Investment Counsel doesn't advise any private funds.

Careers at Raymond James Investment Counsel Ltd.

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Timothy Evan Price has been acting as President since 1 Apr 2004. Stephen Robb Bassett joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Evan Price	Director	1 Apr 2004	Other	5031982
Randolph Glenn Ambrosie	Director	1 Dec 2012	Other	4753851
Noah Russell Billick	Cco	1 Dec 2013	Other	6294529
Raymond James Ltd.	Shareholder	1 Aug 2016	75% - 100%	foreign
Paul Dixon Allison	Director	1 Aug 2016	Other	4370699
Anne Pauline Meyer	Chief financial officer	1 Aug 2016	Other	6707779
Lloyd Arthur William Costley	Director	1 Aug 2016	Other	6707781
David Bruce Burnes	Ceo	1 Oct 2016	Other	2098580
Marie Noelle Savoie	Chief compliance officer, chief aml officer and chief privacy officer	1 Feb 2017	Other	6785853
Marie Noelle Savole	Chief compliance officer	1 Feb 2017	Other	6785853
Stephen Robb Bassett	Chief compliance officer	1 Nov 2018	Other	7056311

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Raymond James Financial Inc.	Shareholder	1 Jan 2001	75% - 100%	59-1517485

Based in Vancouver, British Columbia

The principal office where Raymond James Investment Counsel Ltd. performs its advisory services is located at 925 W. Georgia St., Vancouver, British Columbia, V6 C3 L2, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 6046541526 or by fax 6046547238. The normal business hours are 7-4 on Monday - Friday. You can find more information about the New York firm at raymondjamesinvestmentcounsel.ca/.