- Raymond James
Infobox_Company
company_name = Raymond James Financial Inc.
company_
company_type = Public
company_slogan = Individual solutions from independent advisors
foundation = 1962
location = St. Petersburg,Florida
key_people =Thomas A. James , Chairman & CEOChet Helck , President & COO
num_employees = 6,361 (2005)
industry = Investment services
products =Financial Services Investment Banking
revenue = (2006)
operating profit = (2005)
homepage = [http://www.raymondjames.com www.raymondjames.com]History
Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations, and municipalities through its subsidiary companies. Its three wholly owned broker/dealers (Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd.) and Raymond James Investment Services Limited, a majority-owned independent contractor subsidiary in the United Kingdom, have a total of more than 4,750 financial advisers serving approximately 1.6 million accounts in 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are currently near $215 billion, of which approximately $37.1 billion are managed by the firm’s asset management subsidiaries.
The company, which is based in St. Petersburg, Florida, began in 1962 as Robert A. James Investments. The current name is the result of the 1964 merger of Robert A. James Investments and Raymond and Associates. Since going public in 1983 (NYSE - RJF), the company has continued to grow with the acquisitions of Roney & Co. in 1999 and Goepel McDermid Inc. in 2000.
In 1998, Raymond James purchased the naming rights to Tampa’s
Raymond James Stadium home to theTampa Bay Buccaneers NFL team. The rights have been extended through 2015.Company culture
Art
The Raymond James Financial Center in St. Petersburg is home to the Tom and Mary James/Raymond James Financial Art Collection, one of Florida’s largest private art collections, with over 1,850 pieces including original paintings, sculptures, prints and posters. [RaymondJames.com. 2007. Raymond James Financial.
29 June 2007 . http://www.raymondjames.com/art/index.htm] Salvador Dalί, Roy Lichtenstein and Andy Warhol are among the most famous artists on display, but James prides himself in collecting the art of living artists in an effort to boost their popularity. The collection is perhaps most noteworthy due to the abundance (over fifty percent of the collection) of Western /Wildlife pieces. [TampaBay.com.4 May 2007 . St. Petersburg Times.29 June 2007 . http://pqasb.pqarchiver.com/sptimes/access/1265234351.html?dids=1265234351:1265234351&FMT=FT&FMTS=ABS:FT&date=May+4%2C+2007&author=LENNIE+BENNETT&pub=St.+Petersburg+Times&edition=&startpage=1.E&desc=WORKPLACE+OF+ART>]Rankings
"Second" in average Assets Under Management (AUM) per advisor for an independent B/D at $38 Billion. [InvestmentAdvisor.com. June, 2007. Investment Advisor.
1 August 2007 . http://www.investmentadvisor.com/directories/0602-BDDirectory-FORWEB.pdf]"First" in market capitalization of the largest U.S.-based investment banks. http://www.tradingmarkets.com/.site/news/Stock%20News/1897359/
"First" in number of home office staff for an independent B/D at 1,867 employees. [InvestmentAdvisor.com. June, 2007. Investment Advisor.
1 August 2007 . http://www.investmentadvisor.com/directories/0602-BDDirectory-FORWEB.pdf]"Second" in ratio of reps to home office staff for an independent B/D at (1.7:1). [InvestmentAdvisor.com. June, 2007. Investment Advisor.
1 August 2007 . http://www.investmentadvisor.com/directories/0602-BDDirectory-FORWEB.pdf]"Fourth" in the number of producing reps for an independent Broker/Dealer (B/D) at 3,130. [InvestmentAdvisor.com. June, 2007. Investment Advisor.
29 June 2007 . http://www.investmentadvisor.com/directories/0602-BDDirectory-FORWEB.pdf>]"Fifth" in average annual gross production per advisor for an independent B/D at $290,018. [InvestmentAdvisor.com. June, 2007. Investment Advisor.
1 August 2007 . http://www.investmentadvisor.com/directories/0602-BDDirectory-FORWEB.pdf]Listed in the top 25 of Business Week’s “Customer Service Elite” rankings. [BusinessWeek.com. March 5, 2007. Businessweek Customer Satisfaction Survey.
29 June 2007 . http://bwnt.businessweek.com/interactive_reports/customer_satisfaction/index.asp]In overall advisor satisfaction rankings Edward Jones scored the highest, followed by LPL, A.G. Edwards, Raymond James and Merrill Lynch. [RegisteredRep.com. May 2, 2007. Registered Rep.
28 June 2007 . http://registeredrep.com/advisorland/Not_About_Money/index.html]References
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