Raymond James Financial Inc. (RJF)

The company’s largest and most important franchise is wealth management. Raymond James supports thousands of financial advisors across independent contractor and employee-affiliated channels, giving the firm a wide distribution network in the United States and selected international markets. Advisors use the company’s technology, research, investment products, custody services, and back-office infrastructure while maintaining relationships with retail and high-net-worth clients.

Beyond private client services, Raymond James operates investment banking and capital markets businesses that advise companies and public entities, underwrite securities, support mergers and acquisitions, and facilitate trading. Its asset management operations provide professionally managed strategies and advisory programs, while its banking activities add lending and deposit-related capabilities that complement client relationships.

RJF’s performance is influenced by equity market levels, client asset balances, advisor recruitment and retention, interest rates, investment banking activity, and demand for financial advice. Although it has a global presence, the firm generates the great majority of its business in the United States. Its distinguishing strength is the scale and productivity of its advisor-led wealth management platform, supported by a diversified financial services infrastructure.