Raymond James is addressing a quieter challenge in the wealth management sector: helping independent advisors scale their teams amid growing client demands. This week, the firm introduced Talent Sourcing, a new in-house recruitment service that offers personalized hiring support, including candidate outreach and screening tailored to each advisory team's needs. 

The service aims to bridge the talent gap across roles ranging from junior advisors to specialized support staff, allowing advisors to focus on growth without sacrificing service quality. It arrives as competition for top advisory talent intensifies, especially following LPL's $2.7 billion acquisition of Commonwealth Financial. 

By providing a vetted shortlist of candidates, Talent Sourcing complements Raymond James’s broader suite of advisor tools, including its Paraplanning Services launched last year. 

Finsum: Ultimately, this initiative not only strengthens internal practices but also positions the firm to meet evolving client expectations for more comprehensive, value-added financial services.

Dodge & Cox Emerging Markets Stock earned a Medalist Rating upgrade to Silver from Morningstar, thanks to increased confidence in its disciplined mix of qualitative judgment and quantitative screening, particularly valuable in navigating under-researched segments of emerging markets. 

This hybrid approach, while unusual for the firm, uses a valuation-weighted model to flag potential opportunities, especially among smaller-cap names, before handing decisions over to the fundamental research team. Since its 2021 inception, the fund has delivered solid performance, outperforming a majority of its peers and its benchmark. Its portfolio, broader than other Dodge & Cox offerings, includes over 200 holdings with considerable overlap in top names with the firm's international strategy. 

The JPMorgan US Research Enhanced Equity fund also saw a Morningstar upgrade, thanks to a highly stable and experienced 19-person analyst team that has consistently driven strong stock selection within a benchmark-aware framework.

Finsum: Now, could be a good opportunity to capitalize on certain EM as trade disrupts markets. 

Structured notes can offer attractive returns, but they come with notable risks that investors should carefully consider. One of the primary concerns is liquidity risk, as these products often lack a secondary market, making it difficult to sell before maturity without potentially accepting a steep discount. 

Market risk is also a factor, since structured notes are tied to the performance of underlying assets that may be volatile, especially when linked to speculative markets. Even if a note includes downside protection, extreme fluctuations can still lead to losses. 

Default risk is another major issue, as the investor’s return ultimately depends on the solvency of the issuing institution. In the event of a bankruptcy—such as Lehman Brothers’ collapse—investors may lose their entire principal regardless of market performance.

Finsum: However, when structured thoughtfully, these notes can offer enhanced yields, downside buffers, or tailored exposure to specific markets not easily accessed through traditional investments.

In March, U.S. equity markets retreated sharply, driven by renewed tariff tensions and mounting economic uncertainty, marking their steepest monthly losses since 2022. International stocks, however, maintained their relative strength and continued to outperform the S&P 500 on a year-to-date basis. 

This environment reinforces the importance of active management in fixed income model portfolios, where careful duration and credit positioning can help mitigate downside risks while still capturing income opportunities. 

Dividend-focused equities stood out as a resilient segment, benefiting from their tilt toward defensive sectors amid market volatility. Fixed income returns were subdued overall, with longer-duration bonds and lower-quality credit coming under pressure from rising stagflation concerns. Income portfolios remain positioned defensively, emphasizing quality income sources across asset classes to navigate a more uncertain economic landscape.

Finsum: Investors are favoring income-generating assets with stable cash flows as risk sentiment declined.