Raymond James CEO on Strategy, Hiring, Loan Demand

The video discusses Raymond James' unique business model, emphasizing its long-term vision, flexible capital strategy, and significant technology investments. Despite industry layoffs, Raymond James continues to hire due to strong advisor network growth and low attrition. Client sentiment is cautious amid market volatility, with a focus on cash management and investment strategies. The loan business faces challenges due to rising interest rates, impacting the mortgage and real estate markets. Concerns about the debt ceiling and economic stability are also addressed, highlighting the need for long-term debt management strategies.

How is the loan business at Raymond James affected by rising interest rates?

What concerns does Raymond James have regarding the mortgage market?

How does the CEO of Raymond James view the implications of the debt ceiling on the economy?