Raymond James Investment Management has appointed the former NYSE director of exchange traded products to lead the planned launch of an ETF product platform in 2025.
Effective July 22, Mo Sparks will serve as Head of Exchange Traded Funds, focusing on building out Raymond James Investment Management’s ETF platform.
“We are excited Mo will be leading our expansion into the ETF space — one more avenue that we can provide as part of our overall goal to give broader choice to select, high-demand investment strategies,” said Bob Kendall, President of Raymond James Investment Management.
Sparks has nearly 15 years of ETF product, management, strategy and distribution experience. Before he joined Raymond James Investment Management, he led the New York Stock Exchange’s new business development activities for ETFs, strategic initiatives and partnerships related to promoting ETF industry growth, while managing ETF issuer relationships.
Before that, Sparks held product management and strategy leadership roles at the Vanguard Group, responsible for development and oversight of Vanguard’s global ETF and mutual fund lineup.
Raymond James Investment Management’s planned launch of an ETF platform in 2025 will add to the firm’s current offerings, which include a family of mutual funds, separately managed accounts, and institutional mandates.
Raymond James Investment Management and its boutique investment managers — Chartwell Investment Partners, ClariVest Asset Management, Cougar Global Investments, Eagle Asset Management, Reams Asset Management (a division of Scout) and Scout Investments — offer a range of investment strategies and asset classes through multiple vehicles.
