Raymond James Financial Services Inc.
A member of Raymond James Financial
880 Carillon Parkway
St. Petersburg, FL 33716
Clearing firm: Self-clearing
No. advisers: 7,795
Year founded: 1974
Year end: Sept. 30
No. of retail offices: 1,572
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||8,326||7,795||—|
|No. of producing reps||3,827||3,602||3,329|
|No. of reps producing $100K-$499K /year||1,958||1,821||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||$26,742,912||—||—|
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...
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...
October 30, 2015 - Richard Ketchum's successor will have big shoes to fill. Mr. Ketchum, 64, who announced his retirement as Finra's chairman and CEO on Friday, was known across the securities industry as accessible, approachable and interested in the broker-dealer members...
October 18, 2015 - One of the most important things you'll ever do for your practice ‚ÄĒ for your family, for your clients and for your colleagues ‚ÄĒ is plan for how you'll pass it on. The task of choosing the right individual is a significant challenge, both professionally...
September 22, 2015 - Wells Fargo Advisors recruited two teams of financial advisers from Morgan Stanley Wealth Management with a combined $1 billion in assets. The larger team of advisers that joined Wells Fargo on Aug. 26 includes Jonathan Schlackman, Alan Weintraub and...
- 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.
Purchase the complete set of our independent broker-dealer data and profiles in an Excel spreadsheet.
For comments or suggestions about the Adviser Center, please contact us.
Disclaimer: All data and information is the property of InvestmentNews and is protected by copyright and other intellectual property laws. All rights are reserved by InvestmentNews. The data may only be used for internal business use such as to develop a mailing list but the data may not be resold, republished, redistributed, sublicensed or publicly displayed on a web site without the permission of InvestmentNews. All information contained within was obtained through InvestmentNews' annual independent B-D surveys.