Certificate Of Deposit (CD) in Raymond James Financial
Certificate Of Deposit (CD) in Raymond James Financial
Looking for a straightforward way to protect cash while earning competitive interest? A Certificate of Deposit (CD) available through Raymond James Financial offers fixed-rate income, bank-level protection within FDIC limits, and the convenience of managing everything inside your Raymond James account. Whether you’re building a cash reserve, stabilizing a portfolio, or planning future expenses, Raymond James brokered CDs can provide clarity, control, and confidence.
What Is a Raymond James CD?
CDs offered through Raymond James are brokered CDs—bank-issued certificates purchased via the Raymond James platform. You get access to a broad marketplace of banks, a range of maturities, and fixed interest payments. Many offerings are non-callable for greater certainty, while some may be callable by the issuing bank. Principal and accrued interest are eligible for FDIC insurance up to applicable limits when the issuing bank is an FDIC member and the CD is held in a qualifying ownership category.
Key Benefits
- FDIC coverage: Up to $250,000 per depositor, per insured bank, per ownership category.
- Predictable income: Fixed rates let you plan cash flow with confidence.
- Diversification: Spread CDs across multiple issuers and maturities.
- Flexible terms: Short- to long-dated options to match your timeline.
- Account integration: Hold CDs in taxable accounts or IRAs at Raymond James.
- Laddering made simple: Stagger maturities to balance yield and liquidity.
- Transparent ownership: Positions and interest appear on your Raymond James statements.
How It Works
Your advisor helps identify suitable maturities and structures (non-callable vs. callable) based on your goals. You place an order at the quoted yield; the CD settles into your account and pays interest on the stated schedule (monthly, semiannual, or at maturity, depending on the offering). At maturity, proceeds credit to your account and can be withdrawn or reinvested. If you need funds before maturity, you can generally sell a brokered CD on the secondary market—subject to prevailing prices and liquidity.
Rates, Terms, and Structures
CD rates vary by issuing bank, maturity, and market conditions. Terms commonly range from a few months to several years. Some CDs are call-protected for a set period; others may be callable, which can affect yield and reinvestment timing. Your advisor can compare offerings, highlight call features, and help you evaluate the trade-offs between yield, flexibility, and interest-rate risk.
Liquidity and Risks to Consider
- Market price risk: Selling before maturity may result in a price above or below par.
- Call risk: Callable CDs can be redeemed by the issuer early, typically when rates fall.
- Reinvestment risk: Proceeds may need to be reinvested at lower rates if rates decline.
- Insurance limits: FDIC coverage applies per bank, per ownership category; amounts above limits are not insured.
Note: FDIC insurance protects against the failure of the issuing bank; it does not protect against market price fluctuations. SIPC coverage does not apply to a CD’s market value.
Who Benefits from a Raymond James CD?
Conservative investors seeking principal protection within FDIC limits, retirees planning predictable income, savers building a cash ladder for near-term goals, and IRA owners looking to stabilize the fixed-income sleeve of their portfolio often use brokered CDs for clarity and discipline.
Laddering with Raymond James
A CD ladder—spreading purchases across several maturities (for example, 6, 12, 18, 24, and 36 months)—can help capture higher term yields while keeping regular access to maturing funds. As each rung matures, you can redeploy at current rates, adapting as markets change.
Getting Started
Discuss your time horizon, liquidity needs, and tax considerations with your Raymond James advisor. Review available CD offerings, confirm FDIC coverage across issuers, and place orders that fit your plan. Minimum investment amounts and fees may apply; offerings and rates are subject to change and availability.
This material is for informational purposes only and is not investment advice or a solicitation to buy or sell any security. CD terms, rates, and features vary by issuer and market conditions. Always review the official disclosures before investing.
Address Bank: St. Petersburg, Florida, U.S.
Bank: Raymond James Financial
Headquarters: St. Petersburg, Florida
Products: Deposit Accounts
Type: Certificate of Deposit (CD)
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