Raymond James Financial Services Inc.
A member of Raymond James Financial
880 Carillon Parkway
St. Petersburg, FL 33716
Clearing firm: Self-clearing
No. advisers: 6,433
No. franchises: 1,605
Year founded: 1974
Year end: Sept. 30
No. of retail offices: 1,605
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||6,433||5,973||5,217|
|No. of producing reps||4,269||3,960||3,827|
|No. of reps producing $100K-$499K /year||1,890||1,930||1,958|
|Total revenues: Other||$419,000,000||$357,000,000||$287,035,802|
|Total account assets||$327,099,000,000||$282,941,000,000||$242,885,545,531|
|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|
July 2, 2019 - A team of retirement advisers in the Northwest with $1.1 billion of brokerage, advisory, and retirement plan assets has left Raymond James' independent broker-dealer network to work with LPL Financial. PacNorth Retirement Group of Spokane, Wash., moved...
April 24, 2019 - Firm 2018 revenue ($M) % change vs. 2017 2018 commission revenue ($M) % change vs. 2017 2018 fee revenue ($M) % change vs. 2017 2018 other revenue ($M) % change vs. 2017 1 LPL Financial LLC 5188.4 21.2 1919.7 14.9 1793.5 27.3 1475.2 22.8 2 Ameriprise...
January 29, 2019 - Brokers who gin up costs by favoring more expensive mutual fund share classes when selling 529 plans are at the heart of the ongoing concerns the Financial Industry Regulatory Authority Inc. has had about the plans, according to brokerage executives....
December 21, 2018 - Recent moves in the recruiting group at LPL Financial make it clear that the firm is trying to target more registered reps and financial advisers who currently work at wirehouses and convince them to leap to a broker-dealer where they labor as independent...
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...
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...
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...
- 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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