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Valued at $33.9 billion by market cap, Saint Petersburg, Florida-based Raymond James Financial, Inc. (RJF) operates as a diversified financial holding company. It provides asset management, banking, research, and other services to individuals, institutions, and government entities in North America and Europe.
Companies worth $10 billion or more are generally described as “large-cap stocks.” Raymond James fits right into that category, with its market cap exceeding the threshold, reflecting its substantial size, dominance, and influence in the asset management industry.