Raymond James Review 2026: Is It Good for ETF Investing?

Raymond James at a Glance

Raymond James for ETF Investors: What You Need to Know

A respected full-service financial services firm offering ETF investing through advisor-managed accounts. Known for its strong advisor network and conservative investment approach with comprehensive planning services. With competitive commission rates and standard share purchases , Raymond James makes it accessible with a $25,000 minimum deposit.

The platform offers access to over 2,200 ETFs, giving you plenty of options whether you're looking for broad market index funds like VOO and VTI, dividend-focused ETFs like SCHD, or sector-specific funds. The research tools are rated excellent, which means you'll have access to comprehensive screening tools, analyst reports, and educational resources to make informed decisions.

Raymond James's mobile app lets you manage your ETF portfolio on the go, set up automatic investments, and monitor your holdings from anywhere.

Pros and Cons

How to Open a Raymond James Account for ETF Investing

1. Visit Raymond James's website and click "Open an Account." You'll need your Social Security number, government ID, and bank information.
2. Choose your account type — Individual Brokerage (most common for beginners), Roth IRA (tax-advantaged retirement), or Traditional IRA. If you're not sure, start with an individual brokerage account.
3. Fund your account via bank transfer. The minimum deposit is $25,000.
4. Search for your chosen ETF (e.g., VOO, VTI, or SCHD) using the search bar and place your first trade.
5. Set up automatic investing to buy your chosen ETF(s) on a regular schedule. This is dollar cost averaging — the simplest and most effective strategy for beginners.

How Raymond James Compares