The Equity Syndicate Department coordinates marketing, distribution, pricing, and stabilization of Raymond James' managed equity offerings. Our marketing objective is to generate strong demand through four broad distribution channels:

• Retail Network of RJL Financial Advisors
  More than 450 Financial Advisors.
• Domestic Institutional Investors
  More than 400 active domestic accounts.
• International Institutional Investors
  More than 1,000 active international accounts that invest in Canadian and U.S. Securities.
• Syndicate Group of Firms

Raymond James' Financial Advisors and institutional salespeople seek potential shareholders with long-term investment strategies to invest in our offerings. When forming a syndicate group, we seek to:

• Broaden awareness of the issuing company through our distribution capabilities;
• Include syndicate members that have the potential to become additional market makers, and commit to provide research coverage;
• Work with company management teams to strategically price each offering in the best interest of the issuing company and its new retail and institutional investors; and
• Continue the relationship with the issuing company post-offering.

Graham Fell
Senior Managing Director, ECM Equity Origination
graham.fell@raymondjames.ca
(416) 777-7187