Raymond James Financial Services Inc.

Raymond James Financial Services Inc.

A member of Raymond James Financial


880 Carillon Parkway

St. Petersburg, FL 33716

(727) 567-1000


Clearing firm: Self-clearing

No. advisers: 6,622

No. franchises: 1,574

AUM: $344,442,000,000

Year founded: 1974

Year end: Sept. 30

No. of retail offices: 1,548

For More Information

CEOPaul Reilly
Top ExecutiveScott Curtis
Recruiting ContactKim Jenson
(727) 567-8611

Robbie Moseley
(866) 877-1685
Compliance ContactSuzy Auletta
Marketing ContactMike White
Technology Operations ContactVincent "Vin" Campagnoli

Recruitment & Staffing

2020 2019 2018
No. of reps6,6406,6226,433
No. of reps, male4,6464,6254,507
No. of reps, female1,9941,9971,926
No. of producing reps4,4714,3474,269
No. of producing reps, male3,7473,6573,594
No. of producing reps, female724690675
No. of reps producing $100K-$499K /year000
No. of reps producing $500K+ /year000
No. of CFPs1,3001,2791,187
No. of full-time employees000
No. of fee-based advisers served4,1464,0043,998
Average payout per rep, per year$436,368$416,839$401,031
Avg. annual production of top 20% reps$1,564,596$1,508,698$1,454,563
Total payout, per year$1,951,000,000$1,812,000,000$1,712,000,000
Cost of E&O insurance per rep, per year
Affiliation fees charged per rep, per year4200
Affiliation fee coverageE&O, Compliance, Supervision, Registrations
$0-$249,999 $250K-$499,999 $500K-$749,999 $750K-$999,999 $1,000,000+
Mutual funds 81%-90% 81%-90% 81%-90% 81%-90% 81%-90%
Insurance 81%-90% 81%-90% 81%-90% 81%-90% 81%-90%
Variable annuities 81%-90% 81%-90% 81%-90% 81%-90% 81%-90%
Limited parterships 81%-90% 81%-90% 81%-90% 81%-90% 81%-90%
Securities 81%-90% 81%-90% 81%-90% 81%-90% 81%-90%
Required minimum production$150,000
2020 2019 2018
Total revenues$2,657,878,614$2,552,554,786$2,451,920,931
Commission revenues000
Securities revenues000
Securities revenues: Stocks000
Securities revenues: Bonds000
Securities revenues: ETFs000
Securities revenues: Other000
Mutual fund revenues000
Annuities revenues000
Annuities revenues: Fixed000
Annuities revenues: Variable000
Annuities revenues: Other000
Insurance revenue000
Insurance revenues: Life000
Insurance revenues: Disabilities000
Insurance revenues: LTC000
Insurance revenues: Other000
Alternative revenues000
Alternative revenues: Hedge funds000
Alternative revenues: Managed futures000
Alternative revenues: Private placements000
Alternative revenues: REITs000
Alternative revenues: Other000
Other commission revenues000
Fee revenues000
Fee revenues: Rep-managed accounts000
Fee revenues: Firm-managed accounts000
Fee revenues: Outside-managed accounts000
Fee revenues: Other000
Total revenues: Other000
2020 2019 2018
Total account assets$379,403,000,000$344,442,000,000$327,099,000,000
Fee-based assets$220,527,000,000$189,847,000,000$170,980,000,000
Fee-based assets: Clearing firm000
Fee-based assets: Advisory firm platforms000
Fee-based assets: Third-party money managers000
Fee-based assets: Other$220,527,000,000$189,847,000,000$170,980,000,000
Total account assets: Other$158,876,000,000$154,595,000,000$156,119,000,000
Average assets per rep$57,139,006$52,014,799$50,847,039
  • 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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