Raymond James & Associates, Inc., based out of St. Petersburg, FL, is a national investment advisory firm with a strong presence in the financial industry. With over 615 offices, they serve a wide range of clients, including individual investors and employer 401Ks, managing a substantial $306,121,310,000 in assets. Their expertise in the investment space is evident, as approximately 70% of the assets they manage are discretionary.
With a client base of over 397,800 individuals, Raymond James & Associates, Inc. offers comprehensive services that extend beyond investment advisory. They also serve as an insurance broker or agent and a registered municipal advisor, ensuring a holistic approach to their clients' financial needs.
Raymond James & Associates, Inc. has a diverse compensation structure, including a percentage of assets under management, hourly charges, fixed fees, and commissions. Their commitment to providing tailored financial solutions is further emphasized by their team of 4,620 investment advisors, each averaging around $66,260,000 in assets under management. This level of expertise is on par with industry standards.
The firm takes pride in its seasoned advisors, such as Francis Godbold, Dennis Zank, and Bruce Rhodes, who have demonstrated their dedication and longevity within the organization. With a workforce of 11,789 employees, Raymond James & Associates, Inc. combines experience, knowledge, and a wide array of services to support their clients' financial goals and aspirations.