Raymond James to launch ETF platform, hires NYSE exec
July 19, 2024 - St. Petersburg-based Raymond James Financial's $102.7 billion investment management division plans to launch an exchange-traded fund (ETF) platform in 2025. In preparation, the conglomerate hired Mo Sparks, the New York Stock Exchange’s former director of exchange-traded products. Sparks also headed product management for The Vanguard Group, a leading investment firm.