/Raymond%20James%20Financial%2C%20Inc_%20location-by%20Jonathan%20Weiss%20via%20Shutterstock.jpg)
With a market cap of $29.6 billion, Raymond James Financial, Inc. (RJF) is a diversified financial services company offering a broad range of investment, banking, and advisory services to individuals, corporations, and institutions across the United States, Canada, and Europe. The company operates through multiple subsidiaries providing wealth management, capital markets, asset management, and banking solutions.
The Saint Petersburg, Florida-based company's shares have outperformed the broader market over the past 52 weeks. RJF has increased 17.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 9.9%. However, shares of Raymond James Financial are down 6.5% on a YTD basis, lagging behind SPX’s 1.6% drop.
