Annualised sales at the US independent broker-dealer have continued its rally by closing at another record high, facilitated by over 400 new users for the year.
Total sales of structured products at Raymond James in the US have increased by 44.6% year-on-year to US$8.1 billion in 2025, including US$7.9 billion in structured notes and US$259.0m in market-linked certificates of deposits (MLCDs). I don’t see the market as very different for 2026 relative to the last six months - Christopher Loudon The first quarter saw the strongest momentum accounting for US$2.6 billion, or 30.9% of the annual volume, before sales rebounded from US$1.8 billion a