Canada's Raymond James Partners With FNZ To Accelerate Wealth Platform Transformation

Raymond James Ltd., an independent financial services firm in Canada, has announced a strategic partnership with FNZ, a global wealth management platform provider, to accelerate the digital transformation of its wealth management infrastructure. This collaboration involves a significant investment by Raymond James to deploy FNZ’s integrated, AI-powered, end-to-end wealth management platform designed to enhance advisor workflows and deliver personalized, real-time client experiences. The platform aims to improve efficiency, speed, and personalization across the wealth lifecycle while maintaining top-tier security and performance standards. CEO Jamie Coulter emphasized that this initiative represents a quantum leap in supporting advisors and delivering smarter, more connected experiences for clients and partners. The partnership aligns with Raymond James’ broader global plan to invest approximately $1 billion in fiscal year 2025, focusing on technology innovation and cybersecurity enhancements. FNZ, which manages assets exceeding $1.7 trillion for 26 million investors worldwide, will provide Raymond James with flexible, market-responsive technology to meet evolving regulatory and investor demands.