Is Raymond James Financial Stock Underperforming the S&P 500?

With a market cap of $32.9 billion, Saint Petersburg, Florida-based Raymond James Financial, Inc. (RJF) is a diversified financial services company that provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States and internationally.

Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” RJF fits squarely in that category, with a market cap above this threshold that reflects its size and influence in the asset management industry.