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With a market cap of $32.3 billion, Saint Petersburg, Florida-based Raymond James Financial, Inc. (RJF) is a diversified financial services firm headquartered in St. Petersburg, Florida. Founded in 1962, the company provides investment banking, wealth management, brokerage, and asset management services to individuals, corporations, and institutional clients.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Raymond James Financial fits this criterion perfectly. The company is known for its advisor-centric and decentralized operating model, which allows financial advisors a high degree of independence while benefiting from Raymond James’ platform, research capabilities, and client services. With a strong focus on long-term client relationships and diversified revenue streams, Raymond James has established itself as a prominent player in the U.S. wealth management and investment banking industry.
