Raymond James Financial Services Inc.
A member of Raymond James Financial
880 Carillon Parkway
St. Petersburg, FL 33716
Clearing firm: Self-clearing
Year founded: 1974
Year end: Sept. 30
For More Information
|Top Executive||Scott Curtis|
|Recruiting Contact||Barry Papa|
|Compliance Contact||Mark Lontchar|
|Marketing Contact||Mike White|
|Technology Operations Contact||Vincent "Vin" Campagnoli|
Recruitment & Staffing
|No. of reps||3,739||—||—|
|No. of producing reps||—||3,544||3,329|
|No. of reps producing $100K-$499K /year||—||1,662||1,816|
|Total revenues: Other||$252,738,359||$215,396,366||$183,890,000|
|Total account assets||$208,461,000,000||$204,461,000,000||$180,790,000,000|
|Total account assets: Other||$118,970,000,000||$119,792,000,000||$114,220,000,000|
|Average assets per rep||—||—||—|
January 22, 2017 - The 2017 InvestmentNews independent-broker-dealer directory is based on information provided by 90 eligible firms. To be considered for future listings, contact INResearch@investmentnews.com. Visit InvestmentNews.com/bddata for more-complete profiles....
December 7, 2016 - An independent team of advisers managing more than $250 million in assets has left Morgan Stanley to join Raymond James Financial Inc. The team, based in Chapel Hill, N.C., operates as The Broadview Group, and had annual revenues of more than $1.5 million...
September 21, 2016 - The Department of Labor's fiduciary rule will fundamentally change the way brokers can select annuities for clients. Brokers are currently able to sell annuities under a suitability standard, but fiduciary experts describe new DOL requirements as a suitability...
July 28, 2016 - A team of advisers managing $300 million in client assets left LPL Financial last week to join Raymond James Financial Services Inc. Chad Keim, Vince Little, and Brian Oswald, advisers at Oakleaf Financial Services, the investment arm of Sturgis Bank...
July 25, 2016 - Raymond James Financial Inc. has landed a multibillion-dollar, national retirement plan consulting team from Wells Fargo Advisors. Next Retirement Solutions, which advises on $7 billion in assets in a variety of qualified and non-qualified retirement...
May 29, 2016 - The industry got a wake-up call â€” or perhaps it's more fitting to say a colossal kick in the keister â€” when one of its biggest players was hit recently with a whopping fine for compliance failures. We're talking about the $17 million fine Finra announced...
April 25, 2016 - For the independent broker-dealer industry, 2015 was the worst year in the last six, and 2016 promises to be just as difficult â€” if not more so. â€śIf 2015 was bad, 2016 is worse,â€ť said Joel Marks, the former chairman of independent broker-dealers...
January 24, 2016 - Independent broker-dealers are facing a number of regulatory changes over the coming 12 to 24 months that could divide the industry into winners and losers â€” firms that will be able to adapt and become stronger and those that won't and might fall by...
December 22, 2015 - A close reading of two of the recent state settlements with LPL Financial concerning the firm's poor supervision of the sale of nontraded real estate investment trusts shows the intense effort required to act in compliance with the orders and pay clients...
November 6, 2015 - Stifel Financial Corp. completed its acquisition of regional brokerage firm Sterne Agee Group Inc. in June, and now Stifel's CEO and co-chairman Ron Kruszewski is looking for better performance out of the independent brokerage side of the business. He...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
All 2011-2015 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.
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