- Raymond James Financial is a diversified financial services firm headquartered in St. Petersburg, Florida, specializing in wealth management, investment banking, and equity research, with a strong focus on high-net-worth clients and independent advisors.
- In April 2026, Raymond James appointed Kirk Bell as president of its Independent Contractor Division, a move aimed at enhancing its long-term wealth strategy amidst softer capital markets and growth in asset management.
- The firm reported record client assets under administration of $1.77 trillion and net new assets of $30.8 billion in the fiscal first quarter of 2026, indicating strong demand for its wealth management services.
- Raymond James targets high-net-worth individuals and institutions seeking tailored investment advice, making it an attractive partner for firms looking to enhance their wealth management offerings in a competitive market.
Raymond James Financial employs a diverse workforce across 16 departments, with Finance leading at 168 employees, followed by Operations with 66 and Executive with 62. This distribution reflects a strong emphasis on financial management and operational efficiency, crucial for a company in the securities industry. The presence of specialized departments such as Information Technology and Engineering, although smaller, indicates a commitment to technological advancement and infrastructure support.
The company operates across 25 locations, with a notable concentration in Saint Petersburg, FL, which houses 20 employees. Other significant locations include Miami, FL, with 2 employees, and several cities with a single employee each. The 'Other' category, comprising 435 employees, suggests a distributed workforce model, indicating a strategic approach to talent acquisition and regional presence across the United States.
