Raymond James in the News
The Power Players
On Wall Street | Tuesday, January 01, 2008
Tom James was featured, along with Ken Lewis, James Dimon and others, as one of On Wall Street’s “Power Players”.
Debriefing Tom James
Forbes | Friday, December 12, 2008
Raymond James CEO sounds off on the term “bailout,” government regulation and lessons learned over his career. To see a video of the full interview with Tom James on Intelligent Investing with Steve Forbes, please visit forbes.com.
Raymond James Upbeat about Recruiting
ResearchMag.com | Monday, December 01, 2008
For many broker-dealer firms, 2008 is a year to forget. But that’s not the case for Raymond James. “This will probably be the most successful recruiting year ever in terms of the momentum and pace we’ve seen in the candidates meeting with us in all channels,” says Raymond James Financial President and COO Chet Helck.
Raymond James Expands (scroll down when story loads)
The Wall Street Journal | Sunday, November 30, 2008
Raymond James Financial Inc. is expanding amid other firms’ travails. While many of its peers are laying off workers in a bid to weather the credit crisis, the St. Petersburg, Fla., company is looking to boost its market share by snagging brokers, traders and bankers from these troubled firms. In an October conference call, Chief Executive Tom James said Raymond James had 5,045 financial advisers as of the end of September, up from 4,758 a year earlier.
Raymond James’ CEO scoops Entrepreneur Award
Banking Times - UK | Wednesday, November 19, 2008
Thomas A. James, the chairman and chief executive officer of Raymond James Financial, Inc., enjoyed his night at the Ernst & Young awards.
Tech-savvy indies a draw for some advisers
InvestmentNews | Monday, November 03, 2008
Joe Amalfitano left New York-based Smith Barney in March to go independent and said that technology support was one of the key reasons he chose to affiliate with Raymond James. “When I got over here I was shocked how comparable, if not superior, Raymond ---James’ technology was to that of Smith Barney,” he said
America’s Top 100 Independent Advisors
Registered Rep | Saturday, November 01, 2008
27 Raymond James advisors made the list.
2008 Broker/Dealer Excellence Awards
Boomer Market Advisor | Saturday, November 01, 2008
Advisors are extremely impressed with the house that Tom (James) built. “If I were to leave my current b/d, I’d take a hard look at Raymond James” is a phrase we constantly hear
Raymond James CEO says firm gaining from crunch
Reuters | Wednesday, October 01, 2008
It may not have the biggest household name, but regional brokerage Raymond James Financial Inc is now one of Wall Street’s largest independent securities firms and among the industry’s top performers.
Catching up with... Dick Averitt
Investment Advisor | Wednesday, October 01, 2008
Raymond James Financial Services’s (RJFS) national conference, in Washington in late August, drew an impressive 968 advisors.
Survey: RJ tops in service
InvestmentNews | Tuesday, September 30, 2008
Raymond James ranked ”Highest in Employee Advisor Satisfaction Among Financial Investment Firms in a Tie“ in J.D. Power and Associates 2008 Financial Advisor Satisfaction StudySM – adding to the firm’s recent investor satisfaction recognition. Read more about the ranking here.
Wall St. woes don’t worry smaller firms
InvestmentNews | Sunday, September 28, 2008
”The rest of the world is being reeled back into the kinds of conservative business decision making that we’ve always used,“ said Chet B. Helck, president and chief operating officer of Raymond James Financial Inc.
Wirehouse Brokers Want Out
InvestmentNews | Monday, September 22, 2008
Mr. Helck stressed that Raymond James, which has 4,716 brokers and advisers across various business channels, is seeing interest from advisers with a variety of firms, not just Merrill Lynch & Co. Inc. "The more this dislocation occurs, the more it really validates our business model," he said.
Raymond James Grabs Two Top Teams
On Wall Street | Tuesday, September 16, 2008
Brokers formerly with Merrill and UBS make the move to Raymond James.
Solomon's firm kicks it up a notch
Columbus Ledger-Enquirer | Tuesday, September 09, 2008
But Murray Solomon has more than 500 clients with which he can share the recent news that the firm for which he works, Raymond James Financial Services.
The Other Surprise in Tampa Bay
Barrons | Monday, August 25, 2008
Raymond James had a top showing in Barron's most recent ranking of brokers' stock recommendations. Read more about the results in this article.
For the twelve months ended June 30th 2008, Raymond James recommended61 securities through its Focus List. Of these 28 advanced and 33 declined. Performance includes dividends and a 1% trading commission on additions and deletions. The Focus List returned -2.9% during this period, whereas the S&P 500 returned -13.1%. The S&P 500 is an unmanaged index of 500 widely held stocks. Investors cannot invest directly in an index.Individual results will vary and an investor would incur commissions (and interest charges if transacted in a margin account) to transact these recommendations. A complete record of all Focus List recommendations during this period is available upon request.The results presented should not and cannot be viewed as an indicator of future performance.The market value of securities fluctuates and investors may incur profits or losses.
Raymond James & Associates (RJA) makes a NASDAQ market in the shares of Pharmaceutical Product Development. RJA co-managed a follow-on offering of WLT shares in June 2008. The returns for Continental Resources were extraordinary and not likely to be duplicated in the future. The closing prices on Friday August 29, 2008 for the stocks recommended by Raymond James which were mentioned in the article were: CLR $50.17; PPDI $40.80; WLT $93.80.
Raymond James Nabs $3 Million Team from Smith Barney
Financial Planning | Thursday, August 14, 2008
Geegan says the small firm culture at Raymond James persuaded them to make the move. “We saw it as a way to get back to our roots. Bigger is not necessarily better,” he says.
Raymond James tops client satisfaction rankings
Reuters | Wednesday, July 30, 2008
Read more about the J.D. Power and Associates 2008 Full Service Investor Satisfaction StudySM in this article.
Raymond James profit up 2 pct, commissions rise
Reuters | Tuesday, July 22, 2008
Raymond James reported a 2 percent increase in quarterly profit on Tuesday. Read more about the third quarter earnings in this article.
A Stock and a Hard Place
Florida Trend | Tuesday, July 01, 2008
St. Petersburg brokerage Raymond James had virtually no exposure to the subprime mortgage market. Chairman and CEO Tom James elaborates in this article.
Breaking Free
On Wall Street | Tuesday, July 01, 2008
Now that their golden handcuffs of wirehouses aren't so arresting, more advisors will be looking to go independent. On Wall Street profiles two advisors who made the move to the Raymond James Independent Contractor division.
The Perfect Fit -- The Key to Find the Right Broker
SmartMoney | Sunday, June 01, 2008
SmartMoney Ranks Raymond James No. 1 Among Full-Service Brokers
Financial stocks we love
CNN Money | Friday, May 02, 2008
Raymond James is one of just six firms -- and the only brokerage -- to make this list of stocks expected to perform well despite the troubled financial climate.
Chairman and CEO Tom James Interview on CNBC
CNBC | Tuesday, April 22, 2008
CEO Tom James discusses earnings and the company’s position in the marketplace on “Closing Bell”
Top 50 Independent B/D Advisors
Registered Rep | Tuesday, January 01, 2008
19 Raymond James Advisors -- more than any other firm -- placed on the Registered Rep Top Independent B/D Advisors List
Leader of the Band
Research Magazine | Tuesday, January 01, 2008
Jeff Oster’s financial career gives him the freedom and business know-how to be a player in the entertainment arena.
CEO Tom James Provides Subprime Perspective
PBS Nightly Business Report | Tuesday, December 18, 2007
Tom James appeared on the PBS Nightly Business Report Tuesday, December 18. In the interview he discussed the subprime industry meltdown, how Raymond James fared and the firm's commitment to staying independent.
2007 Advisor Hall of Fame: Van Pearcy
Research Magazine | Saturday, December 01, 2007
Since joining Raymond James, Pearcy’s asset base has more than tripled - a result he attributes in large measure to a team approach that encompasses his own in-house team [including his wife, Donna, a vice president] and insurance, tax and estate planning specialists allied with Raymond James.
Migration Time
Investment Advisor | Sunday, November 11, 2007
Not only are advisors changing firms, but also many who do so are going over to the investment advisory side of the business. “The volume of [resumes we receive] increases in the fall, winter, and spring,” says Bill Van Law, laughing because as senior VP of business development at Raymond James Financial Services, he’s based at the company’s headquarters in St. Petersburg, Florida. But it seems that interest from representatives from wirehouses has spiked.
America’s Top 100 Independent Advisors
Registered Rep | Sunday, November 11, 2007
There are close to 90,000 independent broker/dealer reps in the industry, more than any other channel. Here are the Top 100 ranked by assets under management. 6 Malcolm A. Makin; 7 Gerard A. Klingman; 11 Van Pearcy; 15 Mark Smith; 25 David Tanner; 31 Charles Morris; 32 Sherri Stephens; 33 Judith A. McGee; 35 Carl Stuart; 38 Stephen W. Johnson; 48 Daniel Gavin; 50 John Moore; 67 Todd Sanford; 69 Marilyn Gunther; 76 Robert Bjork; 78 Kalita Blessing; 81 Craig Noel; 82 Robby D. Harfst; 83 Scott A. Wigren; 93 Nancy K. Caton
Recruits in the Driver’s Seat
Registered Rep | Thursday, November 01, 2007
At Raymond James, the number of advisors recruited so far this year is already about 80 percent ahead of where it was last year
Private client services, investment banking drive gains at Raymond James
Tampa Bay Business Journal | Tuesday, October 23, 2007
Raymond James Financial said net income for the fourth quarter was $63 million, or 53 cents a share, a 24 percent increase from the same period in 2006.
How to Swim Upstream
Registered Rep | Monday, October 01, 2007
Raymond James advisors Kalita Blessing and Greg Ghodsi discuss their growth in high net worth clients along with Chip Bauder of Raymond James Wealth Solutions department.
Women Making Impact at Raymond James
Financial Advisor | Friday, September 28, 2007
Tracey Longo reports from the 13th Annual Raymond James Women’s Symposium
Raymond James Attracts 71, Adds ’07-’08 Bonuses
Research Magazine | Saturday, September 01, 2007
During the second quarter of 2007, Raymond James Private Client Group recruited 71 new financial advisors, with 40 joining its employee channel - Raymond James & Associates - from 18 firms, such as A.G. Edwards, Smith Barney and Merrill Lynch
Independent-Broker Dealer Round Table: Transcript
InvestmentNews | Monday, August 20, 2007
Raymond James Financial Services’ Bill Van Law participated in a candid round table discussion of issues affecting independent broker/dealers.
Raymond James unit gives bonuses to big producers
InvestmentNews | Monday, June 18, 2007
In an effort to charge up its top registered representatives and financial advisers, Raymond James Financial Services Inc. is giving bonuses to its biggest-producing brokers.
Wachovia deal lifts Raymond James, other brokers
SmartMoney.com | Friday, June 01, 2007
Following Wachovia/A.G. Edwards announcement, speculation about Raymond James as takeover target, put to rest by Chairman & CEO Tom James.
Raymond James: Company Committed To Staying Independent
The Wall Street Journal | Thursday, May 31, 2007
NEW YORK (Dow Jones)--Raymond James Financial Inc.’s (RJF) chief executive said the firm remains committed to staying independent in the wake of a merger announced by rival A.G. Edwards Inc. (AGE).
Raymond James recruits recruiters
InvestmentNews | Monday, May 14, 2007
Raymond James Financial Services Inc. is adding major clout to its recruiting effort, bringing on board half a dozen recruiters, including two top executives from rival independent-contractor firms, investmentnews.com reported Friday.
Customer Service Champs
BusinessWeek | Monday, March 05, 2007
Raymond James earns top honors for anticipating and exceeding client needs.
FP50: On the Cutting Edge
Financial Planning | Thursday, June 01, 2006
Four broker-dealers have found success by creating their own unique business models.
New VA requirements for Raymond James
InvestmentNews.com | Friday, May 05, 2006
Raymond James Financial Inc. has created new requirements for the variable annuities the firm’s nearly 5,000 employee and independent-contractor registered representatives sell, the company announced today.
Raymond James Gets Results
Investment Advisor | Friday, September 01, 2006
Could lower costs be next for variable annuities?
Raymond James names new recruiting chief
InvestmentNews.com | Tuesday, September 12, 2006
Raymond James Financial Services Inc. of St. Petersburg has settled at last on a new head of recruiting, reaching out to its sister firm, employee broker-dealer Raymond James & Associates Inc., to make its pick.
Testing the Glass Ceiling
Financial Planning | Monday, October 30, 2006
Women are working to raise their numbers—and their profile—in financial planning.
Hearing Women Reps Roar
On Wall Street | Wednesday, November 01, 2006
There were very few men present at the two big industry conferences devoted to women that recently took place: the 2006 Raymond James Women’s Symposium and Deutsche Bank’s Women on Wall Street.
HALL OF FAME – Malcolm A. Makin
ResearchMag.com | Friday, December 01, 2006
At the start of his career, Mal Makin worried about being “found out.” In fact, long before he even had a secretary, Makin dressed well and outfitted his office in nice furniture so that he would appear successful.
Women’s Work
Financial Advisor | Friday, December 01, 2006
For the first time since becoming an advisor 15 years earlier, she realized that her survival meant dramatically changing the way she was running her advisory practice or quitting entirely.
