Raymond James Hires David Solganik as Head of AI Strategy
Raymond James (NYSE:RJF) has appointed David Solganik as head of AI strategy, marking a significant step in the firm's technological advancement. The company is investing heavily in AI integration across its businesses, with a $975 million annual technology budget.
Solganik will focus on implementing AI-driven solutions while maintaining the firm's emphasis on personal relationships. The company has already launched several AI initiatives, including an AI search function, Zoom Meeting Summary tool, and AI Note Assistant within their proprietary CRM. Solganik brings over 30 years of experience from companies like Morgan Stanley, JPMorgan Chase, and MetLife.
The appointment follows Stuart Feld's promotion to chief AI officer, creating a dedicated AI leadership structure focused on innovation while ensuring safe adoption and regulatory compliance.
Raymond James (NYSE:RJF) ha nominato David Solganik responsabile della strategia sull'IA, segnando un passo importante nell'evoluzione tecnologica della società. L'azienda sta investendo massicciamente nell'integrazione dell'IA in tutti i suoi ambiti operativi, con un budget tecnologico annuale di 975 milioni di dollari.
Solganik si concentrerà sull'implementazione di soluzioni guidate dall'IA, pur mantenendo l'attenzione della società sulle relazioni personali. L'azienda ha già avviato diverse iniziative IA, tra cui una funzione di ricerca basata su IA, uno strumento di sintesi per le riunioni Zoom e un AI Note Assistant all'interno del proprio CRM proprietario. Solganik vanta oltre 30 anni di esperienza in realtà come Morgan Stanley, JPMorgan Chase e MetLife.
La nomina segue la promozione di Stuart Feld a chief AI officer, creando una struttura di leadership dedicata all'IA focalizzata sull'innovazione, garantendo al contempo un'adozione sicura e la conformità regolamentare.
Raymond James (NYSE:RJF) ha designado a David Solganik como responsable de la estrategia de IA, marcando un avance significativo en la modernización tecnológica de la firma. La compañía está invirtiendo de forma intensiva en la integración de IA en sus negocios, con un presupuesto tecnológico anual de 975 millones de dólares.
Solganik se centrará en implementar soluciones impulsadas por IA sin perder el énfasis de la firma en las relaciones personales. La empresa ya ha lanzado varias iniciativas de IA, incluyendo una función de búsqueda con IA, una herramienta de resumen para reuniones de Zoom y un AI Note Assistant dentro de su CRM propietario. Solganik aporta más de 30 años de experiencia en empresas como Morgan Stanley, JPMorgan Chase y MetLife.
El nombramiento se produce tras el ascenso de Stuart Feld a chief AI officer, creando una estructura de liderazgo dedicada a la IA orientada a la innovación, asegurando al mismo tiempo una adopción segura y el cumplimiento regulatorio.
Raymond James (NYSE:RJF)가 David Solganik을 AI 전략 책임자로 임명하여 회사의 기술적 진전을 의미 있는 단계로 끌어올렸습니다. 회사는 연간 9억 7,500만 달러 규모의 기술 예산을 포함해 비즈니스 전반에 걸쳐 AI 통합에 대대적으로 투자하고 있습니다.
Solganik은 개인적 관계에 대한 회사의 중점을 유지하면서도 AI 기반 솔루션 도입에 집중할 예정입니다. 회사는 이미 AI 검색 기능, Zoom 회의 요약 도구, 자체 CRM 내의 AI 노트 어시스턴트 등 여러 AI 이니셔티브를 출시했습니다. Solganik은 Morgan Stanley, JPMorgan Chase, MetLife 등에서의 30년 이상의 경력을 보유하고 있습니다.
이번 임명은 Stuart Feld의 최고 AI 책임자(chief AI officer) 승진에 이은 것으로, 혁신에 집중하면서도 안전한 도입과 규제 준수를 보장하는 전담 AI 리더십 구조를 마련한 것입니다.
Raymond James (NYSE:RJF) a nommé David Solganik responsable de la stratégie IA, marquant une étape importante dans l'évolution technologique du groupe. L'entreprise investit massivement dans l'intégration de l'IA au sein de ses activités, avec un budget technologique annuel de 975 millions de dollars.
Solganik se concentrera sur la mise en œuvre de solutions pilotées par l'IA tout en préservant l'accent mis par la société sur les relations personnelles. L'entreprise a déjà lancé plusieurs initiatives IA, notamment une fonction de recherche IA, un outil de résumé pour les réunions Zoom et un AI Note Assistant dans son CRM propriétaire. Solganik apporte plus de 30 ans d'expérience acquise chez Morgan Stanley, JPMorgan Chase et MetLife.
Cette nomination fait suite à la promotion de Stuart Feld au poste de chief AI officer, créant une structure de leadership dédiée à l'IA axée sur l'innovation, tout en garantissant une adoption sûre et la conformité réglementaire.
Raymond James (NYSE:RJF) hat David Solganik zum Leiter der KI-Strategie ernannt und damit einen bedeutenden Schritt in der technologischen Weiterentwicklung der Firma gemacht. Das Unternehmen investiert stark in die Integration von KI in seine Geschäftsbereiche, mit einem jährlichen Technologieetat von 975 Millionen Dollar.
Solganik wird sich auf die Implementierung KI-gestützter Lösungen konzentrieren und zugleich den Schwerpunkt der Firma auf persönliche Beziehungen bewahren. Das Unternehmen hat bereits mehrere KI-Initiativen gestartet, darunter eine KI-Suchfunktion, ein Zoom-Meeting-Zusammenfassungs-Tool und einen AI Note Assistant im firmeneigenen CRM. Solganik bringt über 30 Jahre Erfahrung von Unternehmen wie Morgan Stanley, JPMorgan Chase und MetLife mit.
Die Ernennung erfolgt nach der Beförderung von Stuart Feld zum Chief AI Officer und schafft eine dedizierte KI-Führungsstruktur, die auf Innovation ausgerichtet ist und zugleich sichere Einführung sowie regulatorische Compliance gewährleistet.
- Significant commitment to AI with $975 million annual technology budget
- Already implemented multiple AI tools enhancing operational efficiency
- Strong leadership structure with dedicated AI executives
- Strategic focus on maintaining human relationships while leveraging AI capabilities
- None.
Insights
Raymond James' AI leadership appointment signals strategic tech investment from its $975M annual budget, focusing on augmenting rather than replacing human advisors.
Raymond James has appointed David Solganik as head of AI strategy, reinforcing their $975 million annual technology budget commitment to AI integration. This strategic hire highlights the firm's dual focus: leveraging advanced technology while maintaining their relationship-based business model. Solganik, with over 30 years of experience in financial services AI and data analytics at firms including Morgan Stanley and JPMorgan Chase, will work under Chief AI Officer Stuart Feld to identify cross-business AI opportunities.
The firm has already implemented several AI solutions that demonstrate their practical approach to technology adoption. Their AI search function allows financial advisors to use natural language queries across internal knowledge bases, while their Zoom Meeting Summary tool automatically generates action items from meetings. Their CRM now includes an AI Note Assistant that organizes meeting content, with a speech-to-text dictation tool coming soon.
What's most significant is Raymond James' methodical integration strategy. Rather than pursuing flashy AI initiatives, they're embedding machine learning into daily advisor applications like Opportunities and Advisor Access to predict and recommend actions based on user patterns. This approach extends to back-office functions including cybersecurity and operational monitoring.
Their emphasis on "safe adoption" with governance frameworks shows awareness of AI's regulatory challenges in financial services. The focus on reducing administrative burdens through AI while launching firm-wide education programs demonstrates a comprehensive change management strategy essential for technology ROI. This balanced approach to technological advancement while preserving their relationship-centric culture positions them well in the competitive wealth management landscape.
St. Petersburg, Fla., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Raymond James announced today the appointment of David Solganik as head of AI strategy. This newly created role underscores the firm’s commitment to strategically integrating artificial intelligence (AI) across its businesses – augmenting the human touch, rather than replacing it.
The focus is on delivering data-driven insights, enhancing service models and developing secure, scalable applications that empower financial advisors, investment bankers and home office associates to optimize their time and talents in order to serve clients with even greater efficiency and impact.
“While we believe personal relationships will always be at the heart of our business, Raymond James has a multi-year commitment to embed AI into tools and applications across the firm,” said CEO Paul Shoukry. “We will continue to make meaningful investments in AI as part of our
Solganik will help shape the firm’s AI strategy by identifying cross-business opportunities where advanced analytics, machine learning, and generative AI can drive growth and elevate the client experience.
“David brings deep expertise in implementing AI strategies at scale and building AI into desktop tools,” said Vin Campagnoli, executive vice president, Technology and Operations. “That expertise is backed by senior leadership experience that will guide how we implement AI-driven solutions that optimize processes and deepen client relationships.”
Hiring Solganik marks another key milestone in the firm’s ongoing investment in AI capabilities and accelerating growth. Earlier this year, Stuart Feld was promoted to chief AI officer, serving as principal architect for the firm’s AI strategy. Solganik reports to Feld, reinforcing a leadership structure focused on innovation.
Recent advancements include:
- An AI search function that enables financial advisors and associates to ask intuitive, natural language questions of the firm’s vast internal knowledge base and intranet.
- Zoom Meeting Summary, which automatically generates comprehensive overviews and action items from Zoom meetings.
- An AI Note Assistant within our proprietary CRM that organizes and summarizes the content of a note, including pulling out key action items and next steps. A soon-to-be-released GenAI-enhanced speech-to-text tool will take note-taking a step further, quickly capturing dictated thoughts and automatically generating a well-structured CRM note.
Other AI-enhanced tools are embedded in advisors’ everyday applications, including Opportunities and Advisor Access, where many advisors start their day, use machine learning to predict and recommend actions based on a user’s patterns.
AI is also being leveraged across cybersecurity, electronic communications review, operational monitoring and feedback. Central to everything is the safe adoption of AI, ensuring solutions are transparent, well-governed and aligned with the firm’s culture of trust, security and regulatory compliance.
“There’s an immense opportunity to reduce administrative tasks for financial advisors and associates, freeing up more time to focus on serving clients,” said Solganik. “To successfully integrate AI across the firm, education and adoption are critical. Our team is partnering with training and delivery experts to launch firm-wide education programs that increase AI awareness and usage.”
Solganik brings more than 30 years of experience leading AI, data and analytics organizations and initiatives across financial services companies, including Morgan Stanley, JPMorgan Chase and MetLife. He joins Raymond James after three years as head of U.S. wealth management AI and data strategic initiatives at RBC.
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Total client assets are
Jana Fuller Raymond James Financial 7275672824 mediarelations@raymondjames.com
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