Subject: Part 2 of Form ADV (Proposed Amendment}

May 12, 2008

While the Proposed Amendment is largely a useful improvement in the disclosures provided by investment advisers to clients, certain improvements must be made to provide clarity and reduce the cost of compliance. In addition, we believe the effectiveness of the disclosures contained in Form ADV Part 2 could be significantly improved.


Ken Thompson
Financial Advisor - Branch Manager
Raymond James Financial Services 8AA