Raymond James Financial has spun off its RIA business into the Investment Advisors Division, and appointed Bill Van Law as president, the company announced. The moves are designed to position the St. Petersburg, Fla-based firm’s RIA business as an attractive place for the industry’s best advisors.

Several priorities underpin Van Law’s growth strategy for the new division, particularly getting the word out to advisors that Raymond James is committed to growing its RIA business. 

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