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

(727) 567-1000

advisorchoice.com

Clearing firm: Self-clearing

No. advisers: 6,433

No. franchises: 1,605

AUM: $327,099,000,000

Year founded: 1974

Year end: Sept. 30

No. of retail offices: 1,605

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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) 877-1685
E-mail
Compliance ContactMark Lontchar
Marketing ContactMike White
Technology Operations ContactVincent "Vin" Campagnoli

Recruitment & Staffing

2018 2017 2016
No. of reps6,4335,9735,217
No. of producing reps4,2693,9603,827
No. of reps producing $100K-$499K /year1,8901,9301,958

Payout grid is available to Data Center subscribers only.

Subscribe or log in to the B-D Data Center for access to all available data.

2018 2017 2016
Total revenues$2,410,000,000$2,071,000,000$1,790,201,621
Commission revenues$677,000,000$671,000,000$648,437,896
Fee revenues$1,314,000,000$1,043,000,000$854,727,923
Total revenues: Other$419,000,000$357,000,000$287,035,802
2018 2017 2016
Total account assets$327,099,000,000$282,941,000,000$242,885,545,531
Fee-based assets$170,980,000,000$137,636,000,000$108,199,199,854
Total account assets: Other$156,119,000,000$145,305,000,000$134,686,345,677
Average assets per rep$50,847,039$47,369,998$46,556,555

2019 top independent broker-dealers ranked by revenue

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Independent broker-dealers fastest-growing brokerage group

November 28, 2018 - Independent broker-dealers saw the greatest asset growth over the past five years compared with other types of broker-dealers, according to new research from industry consultant Cerulli. IBDs posted a compound annual growth rate in assets of 11%, nearly...

Waddell & Reed will no longer lease office space for many of its brokers

November 14, 2018 - Waddell & Reed Inc. will no longer lease office space for most of its 1,074 independent contractor brokers and advisers, requiring them to find and relocate to their own offices by the end of 2020. Most of the firm's brokers and advisers currently lease...

Step one: Withdraw from the broker protocol

November 10, 2018 - Tired of having to pay six-figure bonuses to replace some of their most productive brokers who left for competitors after the financial crisis, Morgan Stanley Wealth Management and UBS Financial Services upended the wealth management industry one year...

What's in a name? For TCA by ETrade, everything

August 18, 2018 - Has Trust Company of America hitched its wagon to a star or turned its back on loyal clients? It depends on whom you ask. Either way, the $275 million acquisition in April of TCA by discount broker ETrade has the custodian world buzzing. In one corner...

    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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