Raymond James’ investment management subsidiary has named Vanguard Group and New York Stock Exchange veteran Mo Sparks to oversee buildout of a new ETF platform that the firm plans to launch in 2025.
Sparks became Raymond James Investment Management head of ETFs, a newly created role, effective Monday.
He served as NYSE director of exchange-traded products for nearly the past five years and, for more than seven years before that, in several product management and strategy leadership roles involving Vanguard’s ETFs and mutual funds.
“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,” Raymond James Investment Management President Bob Kendall said.