Carillon Tower Advisers

What Carillon Tower Advisers does

Carillon Tower Advisers, Inc., operating under the trade name Raymond James Investment Management, is a global asset-management company registered with the U.S. Securities and Exchange Commission as an investment adviser. The firm employs a platform-plus-affiliates architecture, aggregating six wholly-owned boutique investment managers—Chartwell Investment Partners, ClariVest Asset Management, Cougar Global Investments, Eagle Asset Management, Reams Asset Management, and Scout Investments—each retaining independent investment teams and philosophies spanning equity (growth, value, small/mid/large cap), fixed-income, international, macro, and sustainable/ESG strategies. Headquartered in St. Petersburg, Florida, with 101–250 employees, the firm is a subsidiary within the broader Raymond James financial services organization, which provides distribution and corporate infrastructure.

The firm's product surface includes mutual fund strategies (Carillon Eagle Small Cap Growth, Mid Cap Growth, Growth & Income; Carillon Scout Mid Cap; Carillon ClariVest International Stock), an initial suite of actively managed RJ Exchange-Traded Funds, separate accounts, commingled funds, and dedicated retirement (DCIO) solutions. Revenue is generated through management fees and fund distributions on assets managed across these vehicles, rather than product-based pricing. The firm distributes its strategies through direct fund sales, the Raymond James financial advisor network, and ETF platforms, and supports engagement via quarterly investor letters, a Markets in Focus weekly blog, and a Markets in Focus podcast. SEC registrations are held by Carillon Tower Advisers and each of the affiliate investment advisers, and the firm is actively operating as of the latest available source.

Name

Carillon Tower Advisers

Legal name

Carillon Tower Advisers, Inc.

Website

https://carillontower.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

Carillon Tower Advisers, operating as Raymond James Investment Management, is a SEC-registered global asset manager that aggregates six boutique affiliates (Chartwell, ClariVest, Cougar Global, Eagle, Reams, Scout) to deliver actively managed mutual funds, active ETFs, separate accounts, and retirement solutions to institutional and individual investors.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

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

SIC

Investment Advice (6282)

akta.pro primary industry

Broker-Dealer Affiliated Wealth Advisory (FSAEABAB)

akta.pro secondary industries

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)

Keywords

• Active asset management
• Boutique investment managers
• Mutual fund strategies
• Fixed income management
• Equity investment solutions

Headquarters

HQ city

St. Petersburg

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Distribution channels3 records

Marketing channels4 records

Core offering

Carillon Tower Advisers, operating as Raymond James Investment Management, is a global asset management firm that provides actively managed investment strategies through a network of six wholly-owned boutique affiliate managers (Chartwell Investment Partners, ClariVest Asset Management, Cougar Global Investments, Eagle Asset Management, Reams Asset Management, and Scout Investments). The firm offers investment solutions across multiple vehicles including mutual funds, exchange-traded funds (ETFs), separate accounts, and commingled funds, spanning equity, fixed income, international, and ESG strategies.

Product overview

Carillon Tower Advisers, operating as Raymond James Investment Management, is a global asset management company that provides access to investment solutions through multiple affiliated boutique investment managers. The firm operates a platform-plus-affiliates architecture, with its core funds including the Carillon Eagle (Small Cap Growth, Mid Cap Growth, Growth & Income), Carillon Scout (Mid Cap), and Carillon ClariVest (International) fund families. The six affiliated managers—Chartwell Investment Partners, ClariVest Asset Management, Cougar Global Investments, Eagle Asset Management, Reams Asset Management, and Scout Investments—each maintain distinct investment philosophies and processes. The firm also recently launched a suite of actively managed ETFs (RJ Exchange-Traded Funds). Investment strategies span equity (growth, value, small/mid/large cap), fixed income, international, and sustainable/ESG approaches.

Differentiator

Problem solved

Functional benefit

Products and services

• Carillon Eagle Small Cap Growth Fund An actively managed small cap growth equity fund targeting companies with strong growth potential in the small capitalization segment, managed by Eagle Asset Management.
• Carillon Eagle Mid Cap Growth Fund An actively managed mid cap growth equity fund focused on established growth companies in the mid capitalization range, sub-advised by Eagle Asset Management.
• Carillon Scout Mid Cap Fund A mid cap equity fund utilizing distinct investment philosophies and processes to pursue long-term capital appreciation, sub-advised by Scout Investments.
• Carillon Eagle Growth & Income Fund A growth and income equity fund combining capital appreciation with income generation through dividend-paying stocks, sub-advised by Eagle Asset Management.
• Carillon ClariVest International Stock Fund An international equity fund investing in non-U.S. developed and emerging markets, benchmarked against the MSCI ACWI ex-USA Index, sub-advised by ClariVest Asset Management.
• RJ Exchange-Traded Funds A suite of actively managed exchange-traded funds (three initial solutions) designed to help investors pursue growth and income objectives, distributed via rjetfs.com.
• Chartwell Investment Partners (Affiliate Boutique) A boutique investment manager offering active equity and fixed-income strategies with high conviction and lower portfolio turnover, delivered via separate accounts, commingled funds, and mutual funds.
• ClariVest Asset Management (Affiliate Boutique) A global asset management boutique applying an investment philosophy focused on capturing return potential from investor reactions to significant shifts in company fundamental growth cycles, managed across geographies and market-cap spectrum.
• Cougar Global Investments (Affiliate Boutique) A globally-oriented macro asset-class portfolio manager using a disciplined methodology that combines macroeconomic analysis with downside-risk management to generate consistent compound growth.
• Eagle Asset Management (Affiliate Boutique) A fundamental equity and fixed-income manager providing multiple independent investment strategies with philosophy-driven decision-making for institutional and individual investors.
• Reams Asset Management (Affiliate Boutique) A fixed-income specialist that treats volatility as a key performance driver in the bond market, with views that volatility is typically higher than perceived and often mispriced.
• Scout Investments (Affiliate Boutique) An equity investment manager with distinct philosophies and processes pursuing long-term capital appreciation through separate accounts, commingled funds, and mutual funds.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights6 records

Direct peers

• Affiliated Managers Group: AMG operates a multi-affiliate model partnering with independent boutique investment managers across asset classes. It is the most direct strategic comparable to Carillon Tower's platform-of-boutiques structure, with similar focus on preserving affiliate autonomy.
• Virtus Investment Partners: Virtus operates a multi-affiliate investment management model with multiple sub-advisors offering distinct strategies across equity and fixed income. It shares Carillon Tower's model of distributing actively managed products through multiple distribution channels including intermediary platforms.
• Victory Capital: Victory Capital operates a multi-boutique model with numerous affiliate investment franchises across asset classes. Its structure of distributing via intermediary channels and offering actively managed strategies closely resembles Carillon Tower's affiliate-driven platform.
• Natixis Investment Managers: Natixis Investment Managers is a multi-affiliate global asset manager with affiliated boutique investment teams, distributing a wide range of actively managed strategies. Its affiliate model and global distribution breadth closely parallel Carillon Tower's approach.
• Manning & Napier: Manning & Napier is an active investment manager offering equity, fixed income, and multi-asset strategies distributed primarily through intermediary channels. It is a comparable active-management peer with similar product mix and distribution profile.

Broad incumbents

• Federated Hermes: Federated Hermes is a large diversified asset manager offering managed portfolios, mutual funds, and liquidity products across equity, fixed income, and ESG. While broader and more integrated in structure, it competes for similar intermediary-distributed active product flows.
• Eaton Vance (now part of Morgan Stanley IM): Pre-acquisition, Eaton Vance operated a multi-affiliate structure through Parametric and Atlanta Capital, similar in philosophy to Carillon Tower. Now part of Morgan Stanley Investment Management, it represents a consolidated incumbent in the multi-boutique space.
• AllianceBernstein: AllianceBernstein is a large global asset manager offering equity, fixed income, and multi-asset strategies distributed through institutional and retail channels. It competes for similar intermediary-distributed active mandates across geographies and asset classes.
• Invesco: Invesco is a global asset manager offering active and passive products including ETFs and mutual funds across asset classes. Its QQQ and active ETF launches (Invesco QQQ) and broad product portfolio place it as a direct competitor in the active ETF and mutual fund markets.
• Franklin Templeton: Franklin Templeton is a large diversified global asset manager with both active and ETF offerings across equity, fixed income, and alternatives. It competes with Carillon Tower across retail and institutional active product markets globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/carillontower

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries7 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Carillon Tower Advisers