Introduction to SP Financial Group. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC

Transcription

1 Introduction to

2 of Raymond James was formed to provide specialized fixed-income portfolio services to independent registered investment advisors, financial planners, and asset managers all across the country. Our primary focus is on fixed-income portfolio advice/analytics, construction, implementation, and aiding in the ongoing monitoring of accounts and holdings. Additionally, we seek to keep our advisor clients regularly apprised of important economic and fixed-income market developments through commentary, one-on-one customized conference calls, and communications.

3 We believe may be different than many fixed-income brokers seeking to earn your business. We strive for a collaborative and holistic approach in aiding our clients. We seek long term relationships built on trust, integrity, & knowledge. We believe in a high degree of communication and interaction, as necessary, to help you achieve your clients goals. We trust you will find our knowledge of the fixed-income markets, and financial markets in general, a valuable contribution to your fixed-income portfolio management efforts.

4 Our areas of focus and expertise within the fixed-income universe include: Individual municipal bonds, including ETM and pre-refunded bonds Taxable municipal bonds, including Build America Bonds (BABs) US corporate, government agency, and agency MBS/CMO Secondary and new issue bank CD s Preferred stock Closed-end Funds / ETFs Access to Raymond James extensive new issue calendar, for clients interested in municipal and taxable municipal new issues, including BABs

5 Services we provide to clients: Fixed-income portfolio reviews: we will analyze a portfolio of individual bonds, closed-end funds, ETFs, and/or bond mutual funds and provide specific recommendations as well as portfolio stats such as duration, yield, credit quality, etc. Fixed-income portfolio proposals: we will spec out a fixed-income portfolio recommendation based upon the needs/constraints of your specific client. More complex fixed-income strategy work looking at the entire fixed-income holdings across your firm. Advanced analytics and scenario analysis at the end-client or advisory firm level, such as hedging strategies, break-even analysis, portfolio stress testing, optimization, and more.

6 We work with most major RIA custodians and strive to make the trade settlement process as easy as possible: Charles Schwab trade-away Charles Schwab Prime Broker TD Ameritrade trade-away TD Ameritrade Prime Broker Fidelity Prime Broker Raymond James Prime Broker Bank trust departments

7 David Summers, CFA David Summers, CFA is Senior Vice President of Investments and founding member of of Raymond James, formerly SPFG of Morgan Keegan. provides fixed-income portfolio solutions to registered investment advisor clients all across the country. David works with many of the group s top advisor clients, specializing in fixed-income portfolio implementation, analytics, as well as closed-end fund research and trading. Prior to forming, David was Managing Director of YieldQuest Securities, LLC and had been with the firm since inception in June of David worked closely with many top advisor clients, as well as supervised all closed-end fund and ETF trading. David was also a senior member of the Investment Committee, and has shared his expertise in the fixed-income area at numerous conferences and seminars across the country. His audiences have included many AAII chapters, the Georgia Society of CPAs, and RIA conferences such as NAPFA and FPA. David has often been quoted in the financial media, including Fortune, CNN Money, and other national online publications. A CFA charter holder, David earned a B.S. in Economics and an M.B.A., both from Georgia State University. In his spare time, David enjoys spending time and traveling with his wife, Audrey, and their children Camille, Charlotte and Colin.

8 Joseph B. Patire Joseph Patire is Senior Vice President of Investments and founding member of of Raymond James, formerly SPFG of Morgan Keegan. provides fixed-income portfolio solutions to registered investment advisor clients all across the country. Joe works with many of the group s top advisor clients, specializing in fixed-income portfolio implementation and individual bond trading. Prior to forming, Joe was head of fixed-income trading at YieldQuest Securities, LLC, and had been with firm since inception in Additionally, Joe worked with many top advisor clients, and was a senior member of the firm s Investment Committee. Joe has frequently been quoted in the financial media, including Fortune, CNN Money, the Wall Street Journal, LA Times, and other national publications, and has published many articles on various fixed-income related topics. Joe received his B.S. degree from Rensselaer Polytechnic Institute in Troy, New York. In his spare time, Joe enjoys running, traveling, golfing, and spending time with family.

9 W. Ross Nelson Ross Nelson is Vice President of Investments and joined in February, SP Financial Group provides fixed-income portfolio solutions to registered investment advisor clients all across the country. Ross works with some of the group s top advisor clients, specializing in fixed-income portfolio implementation and relationship management. Ross also leads s new business development and marketing initiatives. Prior to joining, Ross was Vice President and director of new business development at YieldQuest Securities, LLC, and had been with the firm since Additionally, Ross worked with many top advisor clients, and played an active role in the firm s marketing efforts. Ross has attended and spoken at many institutional money manager conferences all across the country, including NAPFA, FPA, Schwab Impact, and TD Ameritrade. Ross received his B.S. degree from Samford University in Birmingham, AL. In his spare time, Ross enjoys traveling, golfing, boating, and spending time with friends and family.

10 Cameron Parkhurst Cameron Parkhurst is Vice President of Investments of of Raymond James. SP Financial Group provides fixed-income portfolio solutions to Registered Investment Advisor clients all across the country. Cameron works with many of the group s top advisor clients, specializing in fixed-income portfolio implementation, consultative dialogue and portfolio analysis. He also does a portion of the firm s fixed income trading, including municipals, corporates and structured notes. Prior to joining Raymond James, Cameron was head of business development at YieldQuest Securities, LLC, and had been with firm since In his role there, Cameron worked with many top advisor clients, and was a senior member of the firm s Investment Committee. He also had a senior role in the firm s marketing efforts. Cameron has attended and spoken at many institutional money manager conferences all across the country, including NAPFA, FPA, Schwab Impact, Morningstar, Pershing and TD Ameritrade. Cameron received his B.S. degree from University of Florida in Gainesville, FL. In his spare time, Cameron enjoys spending time with his family, boating, fishing, scuba diving, golfing and skiing.

11 Shane Carpenter, CFA Shane Carpenter, CFA is Vice President of Investments and member of of Raymond James. provides fixed-income portfolio solutions to registered investment advisor clients all across the country. Shane works with many of the group s top advisor clients, specializing in fixed-income portfolio implementation, analytics, monitoring and individual bond trading. Prior to joining, Shane was co-head of fixed-income trading at YieldQuest Securities, LLC, and had been with firm since Shane worked with many top advisor clients, and was a senior member of the firm s Investment Committee. Shane has also attended many institutional money manager conferences all across the country, including NAPFA, FPA, Schwab Impact, and TD Ameritrade. Shane received his B.S. degree from Kennesaw State University. He became a CFA charter holder in In his spare time, Shane enjoys keeping fit, spending time with his family, golf and other outdoor activities.

12 Michael Belote Michael Belote is a Registered Sales Associate of of Raymond James. provides fixed-income portfolio solutions to Registered Investment Advisor clients all across the country. Michael specializes in relationship management, new business development, and marketing. He is also the first point of contact for operations and trade settlement issues. Prior to joining Raymond James, Michael was in wealth management at UBS, and had been with firm since At UBS, Michael helped manage assets for both mid to high net worth retail clients and small institutions such as local hospitals, charities, and small business retirement plans. Michael received his B.S. degree from University of Georgia in Athens. In his spare time, Michael enjoys spending time with his friends and family, golfing, beekeeping, and traveling.

13 For Illustrative Purposes Only Raymond James Member FINRA, SIPC Not FDIC Insured May Lose Value No Bank Guarantee Not a Deposit Not Insured by Any Government Agency All offerings/information are time sensitive and subject to change in price, yield and amount. The information contained herein is based on sources which we believe reliable but is not guaranteed by us and is not to be considered all inclusive. It is not to be construed as an offer or the solicitation of an offer to sell or buy the securities herein mentioned. This firm and/or its individual shareholders and/or members of their families may have a position in the securities mentioned and may make purchases and/or sales of these securities from time to time in the open market or otherwise. Opinions expressed are our present opinions only and are subject to change without notice. Raymond James may also perform or seek to perform investment banking for entities referred to herein.