Raymond James Financial
Raymond James Financial is a leading diversified financial services firm providing wealth management, investment banking, and asset management solutions. The company operates a client-centric model focused on long-term financial planning for individuals, corporations, and municipalities. Its primary value proposition lies in its multi-channel advisor affiliation options and integrated platform of banking and capital markets services.
Financials
Based on Q1 2026 · FQ2 FY2026 filing
Revenue
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Private Client Group
primaryThe firm's largest segment providing financial planning, investment advisory, and securities transaction services. It operates through multiple affiliation models including employee advisors, independent contractors, and third-party RIA custody services.
AdvisorChoice, RIA and Custody Services (RCS), Financial Institutions Division, Fee-based accounts, Exchange-traded funds (ETFs)
Retail clients, High-net-worth individuals, Independent Registered Investment Advisors, Credit unions, Community banks
Capital Markets
majorProvides investment banking, institutional sales, trading, and research services. This segment focuses on equity and debt underwriting, merger and acquisition advisory, and liquidity provision for institutional clients.
M&A Advisory, Equity Underwriting, Debt Underwriting, Institutional Trading, Equity Research
Corporations, Institutional investors, Municipalities
Asset Management
moderateOffers investment management and portfolio services to retail and institutional clients. It manages proprietary mutual funds and provides administrative support for third-party investment products.
Mutual funds, Separately Managed Accounts (SMAs), Investment advisory services
Retail investors, Institutional clients, Pension funds
Bank
moderateProvides corporate and retail banking services, including commercial and industrial loans, mortgages, and trust services. It serves as a funding source for the firm's other operations through deposit gathering.
Commercial and Industrial (C&I) loans, Residential mortgages, Trust services, Deposit accounts
Corporate borrowers, Retail banking customers, Trust beneficiaries
Segment Financials
Private Client Group — Revenue From Contract With Customer, Including Assessed Tax And Noninterest Income
View metricPrivate Client Group — Labor and Related Expense
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View metricCapital Markets — Non-interest revenues
View metricCapital Markets — Interest Expense, Operating
View metricCapital Markets — Revenue From Contract With Customer, Including Assessed Tax And Noninterest Income
View metricAsset Management — Non-interest revenues
View metricAsset Management — Revenue From Contract With Customer, Including Assessed Tax And Noninterest Income
View metricAsset Management — Revenue
View metricBank — Total net revenues
View metricBank — Labor and Related Expense
View metricRJBDP fees — Revenue
View metricBusiness Overview
Competitive Position
A leading independent financial services firm with a significant scale in the U.S. wealth management market and a specialized focus on middle-market investment banking.
Geographies
United States, Canada, United Kingdom, Europe
Customer Segments
Retail investors, High-net-worth individuals, Corporations, Institutional investors, Municipalities
Upstream Dependencies
Technology infrastructure providers, Market data providers, Regulatory bodies (The Fed), Exchanges (NYSE)
Downstream Customers
Individual retail investors, Corporate issuers, Institutional asset managers, Municipal governments
Competitors & Partners
Competitors
LPL Financial Holdings
LPLA
Competitor in independent advisor services
Ameriprise Financial
AMP
Diversified financial services competitor
Charles Schwab Corporation
SCHW
Competitor in wealth management and custody services
Stifel Financial
SF
Competitor in middle-market investment banking and wealth management
Morgan Stanley
MS
Competitor in wealth management and capital markets
Subsidiaries
Raymond James & Associates, Inc.
Broker-dealer subsidiary
Raymond James Financial Services, Inc.
Independent contractor broker-dealer
Raymond James Bank
Banking subsidiary
Raymond James Financial FAQ
Common questions about Raymond James Financial
Raymond James Financial is a leading diversified financial services firm providing wealth management, investment banking, and asset management solutions. The company operates a client-centric model focused on long-term financial planning for individuals, corporations, and municipalities. Its primary value proposition lies in its multi-channel advisor affiliation options and integrated platform of banking and capital markets services.
Raymond James Financial (RJF) has a market capitalization of $30.1B and trades on NYSE.
Raymond James Financial generated $14.7B in trailing twelve-month revenue with net income of $2.1B, representing a net margin of 14.6%, with free cash flow of $2.4B. These figures are based on the Q1 2026 filing.
Raymond James Financial's key competitors include LPL Financial, Ameriprise Financial, Inc., Charles Schwab, and others. These companies compete in similar markets and product categories.
Raymond James Financial has approximately 8,761 employees.