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How does being a "Registered Representative of Raymond James Financial Services" impact the services that an advisor can provide?

I'm going to hire a financial advisor. I'm looking at the website for one of the firms I am considering working with and it says their advisors are CFPs, they hold a couple of securities licenses and they are a Registered Representative of Raymond James Financial Services. What does this mean? If I have an account at Fidelity, can my advisor still work with me? Is there advice influenced by the fact that they're represented by Raymond James? 

Choosing an Advisor
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February 2018

Hello,

Regardless which firm you’re working with, having a CFP® on your side is a plus.  Hopefully he/she helps you beyond the simple asset management to coordinate all of your financial life.  He/she may give you helpful suggestions regarding to your other investment account at a different financial firm (Fidelity), but it can be difficult to manage.  For example, when he/she sees an opportunity, he/she can’t execute the order immediately since the asset is held at another firm.  The delay could cause you financially.  In addition, without representation, like a power of attorney, your advisor can’t talk directly to Fidelity on your behalf for any financial matters.

All in all, you must ask yourself which advisor you feel comfortable to work with.  Both RJ and Fidelity are good firms, but it is the person whose recommendations will make the difference in your life.  By the way, RJ is an independent broker/dealer, which means its IAR (Investment Advisor Representative) can choose the best product, not necessarily in-house product, to match your needs.  Best!

February 2018
February 2018
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February 2018