Raymond James Financial Services Inc.

Raymond James Financial Services Inc.

A member of Raymond James Financial

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880 Carillon Parkway

St. Petersburg, FL 33716

(866) 694-5807

advisorchoice.com

Clearing firm: Self-clearing

No. advisers: 7,795

AUM: $208,461,000,000

Year founded: 1974

Year end: Sept. 30

No. of retail offices: 1,572

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Additional data available to subscribers:
  • No. of reps, male
  • No. of reps, female
  • No. of producing reps, male
  • No. of producing reps, female
  • No. of reps producing $500K+ /year
  • No. of CFPs
  • No. of full-time employees
  • No. of fee-based advisers served
  • Average payout per rep, per year
  • Avg. annual production of top 20% reps
  • Total payout, per year
  • Cost of E&O insurance per rep, per year
  • Affiliation fees charged per rep, per year
  • Affiliation fee coverage
  • Securities revenues
  • Securities revenues: Stocks
  • Securities revenues: Bonds
  • Securities revenues: ETFs
  • Securities revenues: Other
  • Mutual fund revenues
  • Annuities revenues
  • Annuities revenues: Fixed
  • Annuities revenues: Variable
  • Annuities revenues: Other
  • Insurance revenue
  • Insurance revenues: Life
  • Insurance revenues: Disabilities
  • Insurance revenues: LTC
  • Insurance revenues: Other
  • Alternative revenues
  • Alternative revenues: Hedge funds
  • Alternative revenues: Managed futures
  • Alternative revenues: Private placements
  • Alternative revenues: REITs
  • Alternative revenues: Other
  • Other commission revenues
  • Fee revenues: Rep-managed accounts
  • Fee revenues: Firm-managed accounts
  • Fee revenues: Outside-managed accounts
  • Fee revenues: Other
  • Fee-based assets: Clearing firm
  • Fee-based assets: Advisory firm platforms
  • Fee-based assets: Third-party money managers
  • Fee-based assets: Other
  • Is the firm, or an affiliate of the firm, registered as an investment adviser with the SEC?
  • Allows an adviser to have his/her own RIA
  • RIA platform AUM
  • Offers robo-advisory platform?
  • If not, when plans to offer a robo-platform
  • Robo-advice services offered
  • How robo-platform developed
  • Charge for robo-advisory services?

For More Information

CEOPaul Reilly
Top ExecutiveScott Curtis
Recruiting ContactBarry Papa
(866) 694-5807
E-mail
Compliance ContactMark Lontchar
Marketing ContactMike White
Technology Operations ContactVincent "Vin" Campagnoli

Recruitment & Staffing

2016 2015 2014
No. of reps8,3267,795
No. of producing reps3,8273,6023,329
No. of reps producing $100K-$499K /year1,9581,8211,816

Payout grid is available to Data Center subscribers only.

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2016 2015 2014
Total revenues$1,790,201,621$1,731,968,106$1,564,985,203
Commission revenues$648,437,896$676,995,254$666,396,430
Fee revenues$854,727,923$802,234,493$683,192,408
Total revenues: Other$287,035,802$252,738,359$215,396,366
2016 2015 2014
Total account assets$242,886,000,000$208,461,000,000$204,461,000,000
Fee-based assets$108,199,000,000$89,491,000,000$84,669,000,000
Total account assets: Other$134,687,000,000$118,970,000,000$119,792,000,000
Average assets per rep$29,171,991$26,742,912

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Morgan Stanley loses $250 million team to Raymond James

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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...

Raymond James nabs $7 billion retirement group from Wells Fargo

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...

Raymond James' $17M fine over anti-money-laundering failures should be a wake-up call

May 29, 2016 - The industry got a wake-up call — or perhaps it's more fitting to say a colossal kick in the keister — 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...

Independent broker-dealers suffer worst year since credit crisis

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 — if not more so. “If 2015 was bad, 2016 is worse,” said Joel Marks, the former chairman of independent broker-dealers...

Independent broker-dealers facing a number of looming regulatory changes

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 — firms that will be able to adapt and become stronger and those that won't and might fall by...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

All 2011-2016 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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