Articles from Raymond James Financial

ST. PETERSBURG, Fla., July 24, 2025 (GLOBE NEWSWIRE) -- Raymond James has reached a rare and remarkable milestone: 150 consecutive quarters of profitability, a streak spanning nearly 38 years. Announced in the firm’s fiscal third-quarter earnings, the achievement reflects Raymond James’ enduring strength, guided by a clear set of values and the steady leadership of Chair Emeritus Tom James, Chair Paul Reilly and current CEO Paul Shoukry.Since 1987, the firm has successfully navigated some of the most challenging periods in financial history — from the Black Monday crash and the dot-com bubble to the 2008 global financial crisis and the COVID-19 pandemic. Over that time, Raymond James has grown its annual net income from $9.6 million to more than $2 billion, while client assets under administration have surpassed $1.5 trillion.“When my father founded what would become Raymond James Financial in 1962, he built it on a simple but powerful idea: put clients first,” said Tom James. “That philosophy has guided us through decades of change and challenge. I’m certain he never imagined the scale we’ve reached today, but his values remain at the heart of every decision we make. I’m deeply grateful to the thousands of professionals who’ve helped shape this firm’s success.”What began as a small financial planning office in downtown St. Petersburg has grown into a global financial services firm with nearly 17,000 employees and 8,900 affiliated financial advisors across two continents. Today, Raymond James includes a thriving Private Client Group, an Asset Management division, a Capital Markets business, and two banks — Raymond James Bank and TriState Capital Bank.“When I became CEO in 2010, I was fortunate to inherit a firm shaped by the vision and values of Tom and Bob James,” said Paul Reilly. “They had already built the framework and culture that continue to define Raymond James today. My role was to carry forward their legacy — to uphold the principles they instilled and ensure they remained central to our growth. By staying true to our long-term strategy and putting people first, we’ve not only endured through market volatility, recessions, natural disasters and a global pandemic — we’ve continued to thrive.”The firm’s success has been widely recognized, most recently by JD Power’s Investor Satisfaction Survey, which cited Raymond James as the top wealth management firm for advised investor satisfaction and included top marks for trust and its people, products and services.“The playbook Bob James introduced more than 60 years ago still works — because it’s built on timeless values,” said CEO Paul Shoukry. “Our people understand the culture, believe in it, and live it every day. It’s an honor to lead such a committed and principled team.”

ST. PETERSBURG, Fla., July 23, 2025 (GLOBE NEWSWIRE) --

ST. PETERSBURG, Fla., July 21, 2025 (GLOBE NEWSWIRE) -- Raymond James recently welcomed financial advisor Robert Chanin to Raymond James & Associates (RJA) – the firm’s employee advisor channel – according to Gregg Stupinski, South Atlantic regional director for RJA.

ST. PETERSBURG, Fla., May 21, 2025 (GLOBE NEWSWIRE) -- On May 21, 2025, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.50 per share, payable July 15, 2025 to shareholders of record on July 1, 2025.

ST. PETERSBURG, Fla., April 17, 2025 (GLOBE NEWSWIRE) -- Raymond James continues its investment in artificial intelligence as a crucial component of service excellence with the launch of its proprietary AI Search technology. Powered by generative artificial intelligence, AI Search enables both financial advisors and associates to ask intuitive, natural language questions to the firm’s vast internal knowledge base and receive precise, tailored information in return, according to Stuart Feld, newly appointed chief artificial intelligence officer.

The firm announced the appointment of both Doug Brigman to president of Asset Management Services and Michelle Lynch to senior vice president, Practice Management and Growth Consulting

ST. PETERSBURG, Fla., Feb. 21, 2025 (GLOBE NEWSWIRE) -- On February 21, 2025, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.50 per share, payable April 15, 2025 to shareholders of record on April 1, 2025.

ST. PETERSBURG, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- On December 3, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.50 per share, payable January 16, 2025 to shareholders of record on January 2, 2025. This is an 11.1% increase over the previous dividend of $0.45 per share paid on October 15, 2024.

ST. PETERSBURG, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- On August 21, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable October 15, 2024 to shareholders of record on October 1, 2024.

ST. PETERSBURG, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- On May 20, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable July 15, 2024 to shareholders of record on July 1, 2024.

St. Petersburg, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Raymond James is expanding the capabilities of its Investment Banking division by partnering with Eldridge Industries and Raymond James Bank to provide private credit solutions to sponsor-backed portfolio companies in four primary sectors: Consumer, Diversified Industrials, Healthcare and Technology & Services. Raymond James has hired credit industry veteran Omer Masud as head of sponsor finance origination to launch the firm’s Private Credit effort.

ST. PETERSBURG, Fla., March 19, 2024 (GLOBE NEWSWIRE) -- The Raymond James Financial (NYSE: RJF) Board of Directors announced today that as part of its multi-year succession planning process, effective immediately, CFO Paul Shoukry is appointed president of Raymond James Financial. It’s expected that he will become the firm’s CEO sometime during fiscal 2025, following a transition period. Once the planned succession process is complete, Shoukry would become only the fourth chief executive in the company’s history, and current Chair and CEO Paul Reilly would remain on the board as executive chair. Shoukry will retain his current responsibilities until he transitions to the CEO role.

ST. PETERSBURG, Fla., Feb. 23, 2024 (GLOBE NEWSWIRE) -- On February 23, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable April 15, 2024 to shareholders of record on April 1, 2024.

ST. PETERSBURG, Fla., Nov. 30, 2023 (GLOBE NEWSWIRE) -- On November 30, 2023, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable January 16, 2024 to shareholders of record on January 2, 2024. This is a 7.1% increase over the previous dividend of $0.42 per share paid on October 16, 2023.

ST. PETERSBURG, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Raymond James released the results of its recent survey of investors with half a million dollars or more in investible assets, revealing their priorities and concerns around transferring wealth to the next generation. Some estimates predict that up to $84 trillion in assets will exchange hands over the next 20 years – dubbed the Great Wealth Transfer – prior to which it’s essential to identify potential gaps and opportunities for investors to execute a successful transition, according to Joe Weaver, President of Raymond James Trust.

ST. PETERSBURG, Fla., Aug. 21, 2023 (GLOBE NEWSWIRE) -- On August 21, 2023, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.42 per share, payable October 16, 2023 to shareholders of record on October 2, 2023.

ST. PETERSBURG, Fla., March 03, 2023 (GLOBE NEWSWIRE) -- On March 3, 2023, Raymond James Financial, Inc. (NYSE: RJF) announced that, on April 3, 2023, it will redeem all 40,250 outstanding shares of its 6.75% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock, par value $0.10 per share (the “Series A Preferred Stock”). The redemption of the Series A Preferred Stock will trigger the redemption of the related depositary shares, each representing a 1/40th interest of a share of Series A Preferred Stock (the “Series A Depositary Shares”) (NYSE: RJF PrA) (CUSIP: No. 754730 307). The redemption price will be equal to $1,000.00 per share of Series A Preferred Stock and $25.00 per Series A Depositary Share. After giving effect to the redemption, no shares of Series A Preferred Stock or Series A Depositary Shares will remain outstanding.

ST. PETERSBURG, Fla., Feb. 24, 2023 (GLOBE NEWSWIRE) -- On February 24, 2023, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.42 per share, payable April 17, 2023 to shareholders of record on April 3, 2023.

ST. PETERSBURG, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) -- On December 1, 2022, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.42 per share, payable January 17, 2023 to shareholders of record on January 3, 2023. This is a 24% increase over the previous dividend of $0.34 per share paid on October 17, 2022.