The partnership enables Raymond James advisors to deliver personalized wealth strategies to clients
Raymond James Ltd. has partnered with Conquest Planning Inc. to enhance the client experience for Raymond James-affiliated advisors by personalizing financial advice in line with Raymond James’ wealth management approach.
This strategy addresses various aspects of clients’ financial lives, combining strategic planning, investment strategies, and tailored solutions.
Conquest’s AI-powered financial planning platform allows Raymond James advisors to create hyper-personalized strategies, offering precise scenario analysis, goal-based planning, and real-time adjustments to enhance client experiences.
The partnership supports Raymond James’ commitment to comprehensive wealth management by providing improved insights, client engagement, and tailored financial advice.
Michelle Connolly, head of Financial Planning and Insurance at Raymond James, emphasized that “Conquest’s comprehensive and thorough client discovery process is designed to provide a highly personalized, client-driven solution that’s unique to each individual and family we serve.”
Connolly highlighted the role of technology in encouraging client engagement and enhancing the advisor’s ability to promote long-term financial success.
Raymond James’ corporate planning and advisory teams, along with wealth planners, can now leverage Conquest’s AI-powered Strategic Advice Manager (SAM) to help clients understand how their decisions affect their financial plans.
SAM’s proprietary algorithm uses client-specific data to propose and rank strategies tailored to each financial situation, offering clear recommendations that illustrate the impact of each decision on individual goals and the overall financial plan.
Jennifer Hodgson, senior vice president and head of Wealth Solutions at Raymond James Ltd., emphasized that helping Canadian investors achieve financial goals is central to the firm’s client-centric approach.
Hodgson also stated that Raymond James’ Service 1stSM philosophy drives the long-term success of both clients and advisors. Hodgson believes that Conquest’s tools will enable deeper client engagement and support tracking progress towards financial goals.
Conquest’s adaptable software is designed to adjust to clients’ changing circumstances, priorities, and risk tolerances. Advisors can provide ‘smart’ advice to clients through an intuitive interface that includes embedded financial literacy information.
Brad Joudrie, chief revenue officer at Conquest, noted that the partnership will provide Canadian investors with personalized guidance, helping them navigate financial uncertainties and achieve their aspirations.
