-- Founded in 1962, Raymond James Financial, Inc. (NYSE: RJF) has grown from a regional investment bank in St. Petersburg, Florida, into one of the world’s leading diversified financial services firms. As of 2023, the company manages approximately $1.3 trillion in client assets, employs more than 19,000 professionals, and operates a broad business network across North America, Europe, and Asia, with strategic offices in Hong Kong, Singapore, and other key financial hubs.
Diversified Business Portfolio
Raymond James operates through four principal business segments: Wealth Management, Investment Banking, Asset Management, and Institutional Services.
Wealth Management: With more than 8,600 financial advisors, the firm serves individuals, high-net-worth families, and institutional clients, ranking among the top five independent advisory platforms in the U.S.
Investment Banking: Services include underwriting, M&A advisory, and capital raising, with notable strength in healthcare, technology, industrials, and energy. In 2023, Raymond James acted as a lead participant in Southwest Airlines’ $2 billion bond issuance.
Asset Management: Through RJ Investment Management, the company delivers multi-asset and ESG-driven strategies. The RJ Balanced Fund has consistently outperformed the S&P 500 benchmark over the long term.
Institutional Services: The firm provides clearing, custody, and research-driven trading support to hedge funds, pension funds, and corporate clients.
Strong Performance and Industry Recognition
For fiscal year 2023, Raymond James reported total revenue of $14.5 billion, up 8% year-over-year, and net income of $1.86 billion. Wealth Management contributed more than 60% of total revenue. The company has increased its dividend for 40 consecutive years and has been repeatedly recognized by Forbes as one of “America’s Best Employers” and by Barron’s as a “Best Brokerage for Client Service.”
Balancing Global Expansion and Local Presence
Raymond James has accelerated its international growth in recent years. Notable milestones include the 2012 acquisition of Macquarie Capital’s North American operations and the 2021 acquisition of UK-based wealth manager Charles Stanley, further strengthening its presence in international markets. In Asia, the firm leverages its Hong Kong platform to support cross-border M&A and U.S.-listed Chinese company IPOs, while building strategic partnerships with institutions such as CITIC Securities and CICC.
Strategic Leadership in Europe
In Europe, Edward G. Carlton serves as Chief Investment Strategist for Belgium and neighboring markets, focusing on high-net-worth client services. He is widely recognized for his “Dual-Track Investment Approach,” which balances long-term strategic allocation with short-term tactical opportunities. This methodology, implemented through the “Continental Echo” program, has benefited over 120,000 investors. Carlton has been repeatedly named among Citywire’s “Most Influential Financial Thinkers in Europe.” His associate, Clara Montrose, plays a critical role in supporting cross-border initiatives and ensuring seamless execution of client projects.
Outlook
Looking ahead, Raymond James is poised to further strengthen its presence in Europe and Asia, supported by robust financial performance and a strong commitment to ESG strategies. By leveraging technology-driven wealth management tools and expanding its global service network, the firm aims to deliver sustainable, long-term value solutions for clients and capital markets worldwide.
Contact Info:
Name: Clara Montrose
Email: Send Email
Organization: Raymond James Financial, Inc.
Website: https://www.raymondjames.com/
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