Raymond James Investment Management

Name

Raymond James Investment Management

Legal name

Carillon Tower Advisers, Inc.

Website

https://rjinvestmentmanagement.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Financial Planning–Led RIAs (FSAAACAB)

akta.pro secondary industry

Broker-Dealer Affiliated Wealth Advisory (FSAEABAB)

Keywords

• Asset management services
• Multi-boutique platform
• Active investment management
• Mutual fund management
• Institutional asset management

Headquarters

HQ city

St. Petersburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Management Fees: The firm earns management fees based on assets under management across its Carillon Family of Funds and separately managed accounts. Carillon Tower Advisers serves as the investment adviser while sub-advisers (boutique managers) manage specific strategies.
2. Sub-Advisory Fees: Boutique investment managers including Eagle Asset Management, ClariVest Asset Management, Reams Asset Management, Scout Investments, and Chartwell Investment Partners serve as sub-advisers to funds and earn a portion of management fees.
3. Distribution Services: Carillon Fund Distributors serves as the principal underwriter and distributor of the Carillon Family of Funds, entering selling agreements with broker-dealers and financial intermediaries.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Raymond James Investment Management is a multi-boutique global asset manager that delivers actively managed investment products through a network of specialized affiliate managers. Its core offering is the Carillon Family of Funds — a suite of mutual funds spanning U.S. equities, international equities, and fixed income — supplemented by an initial suite of actively managed RJ Exchange-Traded Funds, separately managed accounts, defined contribution (DCIO) retirement solutions, and ESG-focused sustainable investing strategies.

Product overview

Raymond James Investment Management is a global asset management company operating a multi-boutique platform structure that combines the exceptional insight and agility of individual investment teams with the strength and stability of a full-service firm. The company's core product offering is the Carillon Family of Funds—a comprehensive suite of mutual funds spanning large cap, mid cap, and small cap equities, fixed income (including core, core plus, and unconstrained strategies), and international investments—managed by six distinct affiliate boutique managers: Chartwell Investment Partners, ClariVest Asset Management, Cougar Global Investments, Eagle Asset Management, Reams Asset Management, and Scout Investments. The firm also launched an initial suite of actively managed Exchange-Traded Funds (ETFs) through its Eagle Asset Management boutique, positioning itself to expand into the active ETF market. Additional offerings include the Markets in Focus research and insights platform, a Markets in Focus Podcast, and Retirement Solutions (DCIO) for defined contribution plans. The boutique model allows each investment team to maintain its own philosophy and process while benefiting from shared business infrastructure, providing clients access to a wide suite of asset classes—equities, fixed income, and multi-asset class—through a single relationship.

Differentiator

Problem solved

Functional benefit

Brands

• Carillon Family of Funds: The Carillon Family of Funds spans a range of investment objectives and asset classes designed for long-term investors, including fixed income, equity, domestic and international funds.
• Carillon Tower Advisers
• Markets in Focus
• Partners in Sustainable Investing

Products and services

• Carillon Family of Funds A comprehensive suite of mutual funds spanning large cap, mid cap, and small cap equity, fixed income, and international strategies, managed by six distinct affiliate boutique investment managers within the firm's multi-boutique platform. A, C, I, and R6 share classes are offered with differentiated fee structures.
• RJ Exchange-Traded Funds Actively managed ETFs designed to help investors pursue growth and income on their terms, offered through Eagle Asset Management and the firm's RJ ETFs platform.
• Retirement Solutions (DCIO) Defined Contribution Investment Only (DCIO) solutions dedicated to supporting advisors and plan participants in reaching retirement goals through the Carillon Family of Funds.
• Sustainable Investing Strategies Sustainable investing strategies spanning U.S. small/mid-cap equities and fixed income, incorporating environmental, social, and governance (ESG) factors into investment decisions through the Partners in Sustainable Investing brand.
• Markets in Focus Podcast Podcast series featuring discussions with industry leaders on the latest trends and developments driving the markets, hosted by Chief Market Strategist Matt Orton. Distributed via Apple Podcasts and Spotify.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered minor and core.

• Nick EliasminorOthersNick Elias was appointed Head of Investor Relations at Intrepid Capital Management, previously serving as Senior Vice President of Institutional Sales at Raymond James Investment Management. This represents personnel movement rather than a business partnership.
• Chartwell Investment PartnerscoreOthersAffiliate boutique investment manager providing mid cap value, small cap growth, small cap value, real income, and short duration high yield strategies. A wholly owned subsidiary of Carillon Tower Advisers.
• ClariVest Asset ManagementcoreOthersAffiliate boutique focused on international stocks and capital appreciation strategies. Eagle Asset Management owns 100% of ClariVest Asset Management.
• Eagle Asset ManagementcoreOthersAffiliate boutique providing growth and income, mid cap growth, and small cap growth strategies. Sub-adviser to multiple Carillon funds and wholly owned subsidiary of Carillon Tower Advisers.
• Reams Asset ManagementcoreOthersAffiliate boutique specializing in fixed income strategies including core bond, core plus bond, and unconstrained bond funds. A division of Scout Investments and wholly owned subsidiary of Carillon Tower Advisers.
• Scout InvestmentscoreOthersAffiliate boutique providing mid cap equity strategies. A wholly owned subsidiary of Carillon Tower Advisers.
• Cougar Global InvestmentscoreOthersAffiliate boutique providing globally-oriented macro asset-class portfolio management with disciplined portfolio construction and downside risk management. Registered as Portfolio Manager with Ontario Securities Commission and SEC as Non-Resident Investment Advisor.
• US SIF Forum for Sustainable and Responsible InvestmentminorOthersRaymond James Investment Management is a member of US SIF, the Forum for Sustainable and Responsible Investment, supporting sustainable investing practices.
• IFRS Sustainability AllianceminorOthersRaymond James Investment Management is a member of the IFRS Sustainability Alliance, supporting sustainability reporting standards.
• Ceres SustainabilityminorOthersRaymond James Investment Management is a member of Ceres, an organization focused on sustainability as the bottom line for investors.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Cohen & Steers: Cohen & Steers is a specialized active asset manager with concentrated strategies distributed through advisors and institutions. Its distribution model, focus on differentiated active products, and use of intermediary channels make it comparable in go-to-market to several RJIM boutiques.
• Victory Capital: Victory Capital operates a multi-boutique active asset management platform with affiliate investment franchises spanning equities, fixed income, and multi-asset strategies. Its integrated affiliate model and intermediary distribution closely parallels the RJIM Carillon structure.
• Affiliated Managers Group: AMG is a publicly traded multi-affiliate active asset manager that owns stakes in specialized boutique investment firms, the same structural model as RJIM's platform of Chartwell, ClariVest, Cougar, Eagle, Reams, and Scout. Both distribute through intermediary and institutional channels.
• Federated Hermes: Federated Hermes is a multi-affiliate active asset manager offering equity, fixed income, and money market funds distributed through intermediaries and institutions. Its combined mutual fund business, ESG capabilities (Hermes), and global institutional reach make it a comparable multi-channel peer.
• Manning & Napier: Manning & Napier is a multi-boutique-style active asset manager focused on fundamental equity and multi-asset strategies distributed through advisors and institutions. Its focus on active fundamental research and intermediary distribution overlaps with RJIM's boutique-managed active product suite.

Broad incumbents

• Nuveen (TIAA): Nuveen is a large diversified asset manager offering active equity, fixed income, and real asset strategies with institutional and DCIO distribution. Its scale and DCIO capabilities make it a broad incumbent peer to RJIM in retirement and institutional channels.
• American Century Investments: American Century is a large diversified active asset manager with mutual fund, ETF (Avantis), and institutional businesses. Its recent active ETF build-out via Avantis and intermediary-heavy distribution mirror several elements of RJIM's strategy.
• Natixis Investment Managers: Natixis operates a global multi-affiliate asset management platform with affiliate investment managers spanning equities, fixed income, and real assets. Its multi-boutique structure and global institutional presence overlap with RJIM's Carillon platform, though at materially larger scale.
• Eaton Vance (Morgan Stanley Investment Management): Eaton Vance, now part of Morgan Stanley Investment Management, operates a multi-affiliate active manager structure with concentrated and tax-managed strategies distributed through advisors. Its multi-affiliate model and advisor-led distribution are comparable to RJIM's platform approach.
• Invesco: Invesco is a global diversified asset manager with active and passive strategies, ETF platform (Invesco QQQ), and institutional/intermediary distribution. Its QQQ franchise and active ETF initiatives position it as a broader incumbent competing for similar active and wrapper-driven flows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/raymondjamesinvestmentmanagement
• Xx.com/RJInvMgmt

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raymond James Investment Management