Raymond James Minimum Investment (2026): What It Takes to Open an Account

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Updated September 18, 2026. Quick answer: It depends which strategy you pick: Raymond James Consulting Services (RJCS) runs from $25,000 to $5,000,000, depending on the specific strategy or model portfolio. At the $25,000 low end, Raymond James’ own fee schedule works out to $687.50 a year; strategies at the high end require substantially more.

The minimum, in the firm’s own words

“$25K-$5M, dependent on selected strategy.”

On waivability: “Below minimum accounts may be accepted based on individual circumstances of a client’s relationship with the firm and their advisor.”

Minimum investment and what it would cost

The $25,000 low end falls in RJCS’s lowest whole-balance breakpoint bracket (up to $1,000,000, Schedule A, at 2.75%): $25,000 x 2.75% = $687.50. Strategies at the $5,000,000 high end would instead fall in the $2M-$5M bracket (2.25%).

Raymond James’s own fee schedule at other balances

What a larger account would cost

The minimum is only the entry point. On a $500,000 account, Raymond James’ own published fee schedule runs $13,750 a year; see the full dollar breakdown from Raymond James’ own fee disclosure across several account sizes.

Already a client and thinking about the minimum a different way, like whether you could get a better deal elsewhere? Read the general mechanics of switching financial advisors, or use a dated termination letter once you decide.

Sources

• Raymond James & Associates, Inc. Wrap Fee Program Brochure, Form ADV Part 2A Appendix 1, “Maximum Fee Schedule for AMS Managed and IAR Managed Programs” (June 26, 2026): https://www.raymondjames.com/legal-disclosures
• SEC Investment Adviser Public Disclosure, Raymond James & Associates, Inc. (CRD #705): https://adviserinfo.sec.gov/firm/summary/705
• Raymond James & Associates, Inc., SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/705/PDF/705.pdf

Methodology. This page was built September 18, 2026, quoting directly from Raymond James’ own current Form ADV Part 2A / wrap-fee brochure, with the source linked above. The annual-fee-at-the-minimum figure applies that same brochure’s own published fee schedule to the disclosed minimum dollar amount; any distinction we could not independently confirm this session is named as an honest gap rather than presented as verified. Nothing here is personalized financial, tax, legal, or investment advice, and it is not a substitute for reading the firm’s own Form ADV Part 2A. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.