Raymond James

What Raymond James does

Raymond James Financial, Inc. is a diversified public financial services firm (NYSE: RJF) founded in 1962 and headquartered in Tampa, Florida, with major offices in Memphis, Southfield, and additional locations across the United States, Canada, and Europe. The firm operates through core subsidiaries including Raymond James & Associates, Inc. (member NYSE/SIPC) and Raymond James Financial Services, Inc. (member FINRA/SIPC), delivering wealth management, asset management, investment banking, capital markets, fixed income, public finance, and banking and lending services to high-net-worth individuals, families, business owners, corporations, institutions, and government entities.

The platform is organized around the Private Client Group for wealth management delivered through thousands of financial advisors (with $1.15 trillion in fee-based assets and $21.7 billion in Q3 fiscal 2026 net new assets), the Asset Management segment ($345 billion in AUM including the Clark Capital acquisition), Investment Banking and Capital Markets (investment banking revenues up 37% year-over-year in Q3 fiscal 2026), Fixed Income Capital Markets (with technology-driven market making acquired via SumRidge Partners and GreensLedge Holdings), Public Finance, Raymond James Bank (deposits, lending, digital banking), Raymond James Trust, and Raymond James Insurance Group. Notable proprietary technology includes the Raimond AI platform (deployed across the firm in 2026 to drive asset management fee growth), the eFolio interactive portfolio management system for financial institutions, and centralized Commission Management infrastructure.

The firm's revenue model combines recurring fee-based wealth and asset management (the majority of revenue, with asset management fees up 20% YoY in Q3 fiscal 2026), transactional investment banking and trading commissions, and net interest income from banking and lending. It reaches customers primarily through its financial advisor network (sales-led field model), supplemented by institutional sales and trading teams, bank and credit union partnership programs, and direct digital banking channels. Raymond James maintains 154 consecutive quarters of profitability since 1988, 25 consecutive years of dividend growth, geographic concentration of 91.5% in the United States with growing footprints in Canada and Europe, and consensus OUTPERFORM ratings from 14 covering analysts as of July 2026.

Name

Raymond James

Legal name

Raymond James Financial, Inc.

Website

https://raymondjames.com

Company type

Public

Founded year

1962

Operating status

Operating

Headcount range

1–10 employees

Short description

Raymond James Financial is a diversified financial services firm (NYSE: RJF) offering wealth management, investment banking, asset management, capital markets, fixed income, public finance, and banking to high-net-worth individuals, corporations, institutions, and government entities primarily in the United States, with operations in Canada and Europe.

Ownership category

akta.pro rank

Product category

Diversified Financial Services

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Finance and Insurance (52), Trust, Fiduciary, and Custody Activities (523991)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211), State Commercial Banks (6022)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI), Personal & Family Trust Services (FSAAANAA)

Keywords

• Wealth management services
• Investment banking advisory
• Asset management solutions
• Fixed income capital markets
• Financial advisory services

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Wealth Management / Private Client Group: Fee-based wealth management services including financial advisory, asset management, and related fees. Drives majority of revenue with fee-based assets reaching a record $1.15 trillion. Asset management fees grew 20% year-over-year.
2. Asset Management: Asset management segment providing investment management services; includes revenues from Clark Capital Management acquisition adding approximately $47 billion in combined AUM.
3. Capital Markets and Investment Banking: Investment banking revenues including M&A advisory, capital markets, and equity research. Grew 37% year-over-year in Q3 2026.
4. Interest Income / Banking: Banking and lending services through Raymond James Bank; generates net interest income.
5. Trading and Brokerage: Fixed income and equity trading, institutional sales and trading, and related brokerage commissions.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Raymond James provides personalized wealth management and financial advisory services to individuals through a national network of financial advisors, alongside full-service institutional investment banking, capital markets, fixed income trading, public finance, and asset management services. The firm also operates Raymond James Bank for deposits and lending, Raymond James Trust for estate and trust services, and Raymond James Insurance Group for life insurance and annuities.

Product overview

Raymond James operates as a diversified financial services firm offering a comprehensive platform of wealth management, investment banking, and institutional services. The core offerings include Wealth Management delivered through financial advisors providing planning for retirement, estate, and family needs; Investment Banking encompassing M&A advisory, capital markets, and private capital advisory; Public Finance specializing in municipal bonds; Fixed Income Capital Markets; and Global Equities services. The platform is augmented by subsidiary offerings including Raymond James Trust for estate and trust services, Raymond James Bank for banking needs, eFolio for institutional portfolio management, and Commission Management for trading operations. Private Wealth Services provides specialized high-net-worth offerings including investment management, lending, and intergenerational wealth strategies. The company also offers Asset Management Services for fee-based managed portfolios and Insurance Solutions through its insurance group. The recently launched Raimond AI technology represents the firm's entry into AI-powered services.

Differentiator

Problem solved

Functional benefit

Brands

• Raymond James Trust: Trust services including estate planning, charitable giving, and trust management
• Raymond James Bank
• Raymond James Insurance Group
• Power of Personal

Products and services

• Wealth Management Comprehensive financial planning and investment management services delivered through a network of financial advisors, covering wealth growth, preservation, retirement planning, estate management, and family financial needs for affluent individuals and families.
• Investment Banking Capital markets and advisory services including mergers and acquisitions, capital markets transactions, capital structure advisory, private capital advisory, and private credit for corporate and institutional clients.
• Public Finance Municipal bond underwriting and financing services for government entities, healthcare facilities, educational institutions, and infrastructure projects across multiple specialty areas.
• Fixed Income Capital Markets Institutional sales, trading, and research for fixed income securities including corporate bonds, municipal bonds, government securities, and preferred securities, with technology-driven market-making capabilities acquired through SumRidge Partners.
• Global Equities & Investment Banking Equity capital markets, equity research, sales and trading, corporate access, and investment banking services for international markets.
• Private Wealth Services Specialized wealth management services for high-net-worth clients including investment management, estate and charitable planning, lending, intergenerational wealth strategies, and risk mitigation.
• Raymond James Trust Trust services including estate planning, trust administration, and charitable giving solutions through Raymond James Trust Company of New Hampshire.
• Raymond James Bank Banking services including deposit programs, cash management, credit cards, and lending solutions through affiliated Raymond James Bank, member FDIC.
• Asset Management Services Fee-based asset management including managed portfolios, model delivery services, and access to proprietary and third-party investment strategies.
• Insurance Solutions Insurance products including life insurance, long-term care protection, and annuities offered through Raymond James Insurance Group.
• Retirement Plan Solutions Business retirement plans including 401(k), pension plans, and executive benefits for employer-sponsored retirement programs.

Quantifiable outcome

• Record $1.92 trillion in client assets under administration in Q3 2026
• +4 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Boys & Girls Clubs of AmericaminorStrategic or Co-development Partner · 9 July 2026Raymond James partners with Boys & Girls Clubs of America through its Raymond James Cares Month initiative, hosting financial literacy events for youth at local club locations.
• GreensLedge Holdings LLCcoreStrategic or Co-development Partner · 2 March 2026Raymond James completed its acquisition of GreensLedge Holdings LLC, a boutique investment bank specializing in structured credit and securitization. GreensLedge's expertise in collateralized loan obligations (CLOs) and asset-backed securities (ABS) expands Raymond James' fixed income offerings and capital markets capabilities. The transaction formalizes a longstanding relationship between the firms.
• Clark Capital ManagementcoreStrategic or Co-development Partner · 1 January 2026Raymond James completed its acquisition of Clark Capital Management during Q3 fiscal 2026, adding approximately $47 billion in combined assets under management and non-discretionary assets. This acquisition strengthens the Asset Management segment with expanded investment capabilities.
• Solus Trust Company LimitedminorStrategic or Co-development Partner · 6 December 2022Raymond James Ltd. agreed to acquire Vancouver-based Solus Trust Company Limited, subject to regulatory approval. The merger was intended to combine Canada's largest independent trust company with the country's largest independent investment dealer, significantly expanding trust services in Canada.
• TriState CapitalminorStrategic or Co-development Partner · 1 June 2022Raymond James completed its acquisition of Pittsburgh-based TriState Capital, a private bank that continues to operate as a separately chartered institution. This acquisition expanded the firm's banking and private banking services.
• SumRidge PartnersminorStrategic or Co-development Partner · 28 March 2022Raymond James Financial announced the acquisition of SumRidge Partners, a fixed income market maker specializing in corporate bonds, municipal bonds, and preferred securities. The deal, pending regulatory approval, aimed to enhance Raymond James' fixed income trading technology and market-making capabilities, with SumRidge operating within the Fixed Income Capital Markets division.
• Cebile CapitalminorStrategic or Co-development Partner · 26 May 2021Raymond James Financial announced its agreement to acquire Cebile Capital, a private fund placement agent and secondary market advisor based in London and New York. The acquisition was intended to expand investment banking offerings and regional presence, deepening relationships with private equity clients through fund placements and secondary market advisory services.
• Charles Stanley Group PLCminorStrategic or Co-development Partner · 1 January 2021Raymond James Financial Inc. agreed to acquire London-based wealth management firm Charles Stanley Group PLC in a $387 million deal. The acquisition was expected to expand Raymond James' wealth management presence in the UK.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Morgan Stanley: Global investment bank and major wealth manager with the Wealth Management division serving high-net-worth and ultra-high-net-worth clients through financial advisors, directly overlapping Raymond James' Private Client Group and Investment Banking franchises.
• Charles Schwab: Leading retail and advisor-focused wealth platform with massive custody and asset-gathering scale. Competes with Raymond James across wealth management, brokerage, and bank products.
• Goldman Sachs: Global bulge-bracket bank with a rapidly growing Wealth Management franchise (including Advisor Services) and dominant Investment Banking and Capital Markets capabilities, overlapping Raymond James' institutional and high-net-worth franchises.
• Wells Fargo: Diversified financial services firm with wealth management, investment banking, capital markets, and banking segments that compete with Raymond James across multiple lines including wealth and advisor services.

Direct peers

• Stifel Financial: Mid-market focused full-service broker-dealer combining wealth management with strong investment banking and capital markets capabilities, making it one of the closest direct comparables to Raymond James in business model and target client.
• LPL Financial: Largest independent broker-dealer in the US serving financial advisors with wealth management, advisory, and brokerage infrastructure. Directly comparable to Raymond James' independent/advisor channel wealth model.
• Robert W. Baird: Privately held diversified financial services firm combining wealth management with mid-market investment banking, equity research, and fixed income—closely mirroring Raymond James' diversified platform.
• Piper Sandler: Mid-market investment bank with strong advisory and equity research franchises; smaller wealth management arm. Comparable to Raymond James' Investment Banking and Capital Markets segments.
• Edward Jones: Large US financial advisory firm serving mass-affluent and high-net-worth clients through a branch-based advisor model. Comparable to Raymond James' Private Client Group in target client and relationship-based service.
• Jefferies Financial Group: Diversified investment banking and capital markets firm with growing wealth and asset management businesses, comparable in size and focus to Raymond James' investment banking and fixed income operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RaymondJames
• YouTubeyoutube.com/user/raymondjames
• Facebookfacebook.com/RaymondJames
• LinkedInlinkedin.com/company/raymond-james-financial-inc-
• Instagraminstagram.com/raymondjames

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A14 records

Investments68 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raymond James