Raymond James Financial, Inc. Overview
Pro stress-test →Raymond James Financial is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. As of May 2026, the firm has achieved record client assets under administration of $1.92 trillion, up 21% from May 2025. The company benefits from strong recurring revenue streams anchored in fee-based advisory services.
Strategic Profile
Pro stress-test →Fee-based assets now represent 61% of total client assets, with a 16% five-year CAGR in fee-based accounts and 9,076 advisors as of March 2026, supporting recurring revenues and earnings consistency. Recent acquisitions including GreensLedge and Clark Capital enhance advisory and asset management capabilities. Technology and AI investments drive advisor productivity, efficiency, and client experience.
Competitive Landscape
Pro stress-test →Raymond James operates as a diversified financial services company competing in wealth management, capital markets, asset management, and banking. Primary competitors include Ameriprise Financial, which offers similar wealth management and advisory services; Fidelity in asset management and brokerage; Morgan Stanley and Goldman Sachs in capital markets; and smaller regional competitors. Raymond James differentiates through its independent contractor advisor model, integrated lending platform, and client-first operational culture.
Industry Context
Raymond James Financial, Inc. operates in Diversified wealth management and investment banking.
Key facts
Founded: 1983 · Headquarters: St. Petersburg, US · Employees: N/A · Revenue: $3.86B (Q2 2026) · Market cap: N/A