Raymond James Financial Services Inc.
A member of Raymond James Financial
880 Carillon Parkway
St. Petersburg, FL 33716
Clearing firm: Self-clearing
No. advisers: 5,999
No. franchises: 1,579
Year founded: 1974
Year end: Sept. 30
No. of retail offices: 1,583
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||5,999||5,217||7,795|
|No. of producing reps||4,147||3,827||3,602|
|No. of reps producing $100K-$499K /year||1,930||1,958||1,821|
|Total revenues: Other||$357,845,407||$287,035,802||$252,738,359|
|Total account assets||$298,581,835,939||$242,885,545,531||$208,461,000,000|
|Total account assets: Other||$150,448,081,199||$134,686,345,677||$118,970,000,000|
|Average assets per rep||$49,771,935||$46,556,555||$26,742,912|
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 $275 million acquisition in April of TCA by discount broker ETrade has the custodian world buzzing. In one corner...
June 29, 2018 - Raymond James announced Thursday that it has appointed Scott Curtis, currently president of its independent-broker unit, head of the company's private client group, putting him in charge of all the firm's domestic retail businesses. The company gave Tash...
April 21, 2018 - Firm 2017 % revenue ($M) % change vs. 2016 2017 commission revenue ($M) % change vs. 2016 2017 fee revenue ($M) % change vs. 2016 2017 other revenue ($M) % change vs. 2016 1 LPL Financial $4,281.50 5.70% $1,670.80 -3.80% $1,409.20 9.30% $1,201.40 17.50%...
March 28, 2018 - While the wirehouses have dramatically pulled back in recruiting new brokers, broker-dealers that pay reps as independent contractors are spending like crazy to hire new talent. A key metric for broker-dealers when recruiting new brokers and advisers...
March 2, 2018 - Some financial advisers at Morgan Stanley and UBS Financial Services may be scared stiff of being sued if they leave their firms to move to another broker-dealer. That's because both wirehouses decided toward the end of last year to exit an agreement...
February 6, 2018 - Veteran financial advisers have been talking to clients for months about when â€” not if â€” a correction in the stock market would hit. Their message after Monday's historic 1,175 point drop in the Dow: Stay calm. "First, don't panic; second, get additional...
January 27, 2018 - For years, many wirehouse brokers wouldn't consider moving to an independent broker-dealer â€” and for good reason. The technology at IBDs wasn't on par with the wires. They had no public branding to bring clients in the door. And perhaps above all else,...
December 21, 2017 - The Financial Industry Regulatory Authority Inc. has fined Raymond James Financial Services $2 million for failing to have in place adequate email supervisory systems as well as procedures for reviewing emails. Finra found that during a nine-year review...
November 11, 2017 - Cetera Financial Group's Halloween office party this year, CEO Robert Moore dressed up as the Cowardly Lion from the "Wizard of Oz." A more appropriate costume might have been Hercules, who famously completed 12 labors as a penance, since many observers...
- 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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