Raymond James
From Wikipedia, the free encyclopedia
| Raymond James Financial Inc. | |
 |
|
| Type | Public |
|---|---|
| Founded | 1962 |
| Headquarters | St. Petersburg, Florida |
| Key people | Thomas A. James, Chairman & CEO Chet Helck, President & COO |
| Industry | Investment services |
| Products | Financial Services Investment Banking |
| Revenue |  $2.157 billion USD (2005) |
| Employees | 6,361 (2005) |
| Slogan | Individual solutions from independent advisors |
| Website | www.raymondjames.com |
Raymond James Financial, Inc., also known more simply as Raymond James or RayJay is a financial services company based in St. Petersburg, Florida. The name of the company comes from a merging of companies run by Robert James and Edward Raymond. Raymond James was incorporated as Robert A. James Investments in 1962. In 1964 Raymond and Associates merged into Robert A. James Investments and the firm of Raymond James & Associates (RJ&A) was formed. Raymond James manages up to $25 billion in assets. The current chairman and CEO is Thomas A. James, son of founder Robert James. The current Director of Human Resources is Court James, grandson of founder Robert James.
The company offers a full line of financial services, including brokerage, asset management, research, insurance sales, and banking. Its broker/dealer business is carried out through two subsidiaries, Raymond James and Associates and Raymond James Financial Services. Raymond James Financial Services consists of a network of stock brokers ("Financial Advisors" in company parlance) who work as independent contractors, while Raymond James and Associates financial advisors are all employees of the firm.
The company owns the naming rights to Raymond James Stadium, located in Tampa, Florida, home to the NFL's Tampa Bay Buccaneers.
Raymond James' subsidiaries and affiliates include:
- Awad Asset Management, Inc.
- Ballast Point Ventures, L.P.
- Eagle Asset Management, Inc.
- Heritage Fund Distributors, Inc.
- Planning Corporation of America
- Raymond James & Associates
- Raymond James Bank, FSB
- Raymond James Capital
- Raymond James Financial Services
- Raymond James Tax Credit Funds
- Raymond James Argentina Sociedad de Bolsa S.A. (Argentina)
- Raymond James Ltd. (Canada)
- Raymond James Asset Management International (France)
- ASK Raymond James Securities India Pvt. Ltd. (India)
- Raymond James Securities (Turkey)
- Raymond James Investment Services (UK)
