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No. 5 Financial Planning IBD Elite 2026

Raymond James Financial Services: Independent Broker-Dealer Profile

Legal name: Raymond James Financial Services, Inc. · St. Petersburg, FL

$4.52B2025 Revenue
+5.7%YoY Growth
4,615Producing Reps
1974Founded

Quick Facts

2026 RankNo. 5 (Financial Planning IBD Elite 2026)
Legal NameRaymond James Financial Services, Inc.
HeadquartersSt. Petersburg, FL
Founded1974
2025 Revenue$4.52 billion (+5.7% YoY)
Producing Reps4,615
Client Assets$611.2 billion
PrincipalsTash Elwyn, Chief Executive; parent Raymond James Financial, Inc. (NYSE: RJF)
EmployeesSee parent 10-K
FINRA BrokerCheckSearch BrokerCheck

Revenue, growth and (for ranks 1–15) rep and asset figures: Financial Planning IBD Elite 2026, self-reported by firms. Other figures as noted.

About Raymond James Financial Services

Raymond James Financial Services is the independent contractor channel of Raymond James Financial, giving independent advisors access to the resources of a diversified, publicly traded financial institution.

Services Offered

Advisors affiliated with RJFS can offer brokerage and advisory accounts, fixed income and capital markets access, equity research, private banking and lending through Raymond James Bank, and trust services. The broader firm also operates an employee channel and RIA and custody services.

Leadership

Tash Elwyn (listed as chief executive by Financial Planning); parent Raymond James Financial, Inc. (NYSE: RJF).

Raymond James Financial Services in the News

  • Feb.–March 2026

    RJFS added several multi-advisor teams from Commonwealth Financial Network, including a $730 million group in Green Bay, Wis., and an $800 million practice in Rochester, N.Y.

    Source: Pulse 2.0
  • April 22, 2026

    A Boston team managing more than $200 million joined RJFS from Northwestern Mutual Investment Services.

    Source: Raymond James press release
  • July 30, 2026

    Raymond James launched a proprietary AI operations agent in January, set up an AI Academy for advisors in May, and hired a Vanguard veteran to lead its AI agenda.

    Source: InvestmentNews

Verify Raymond James Financial Services on FINRA BrokerCheck

Before working with any advisor affiliated with Raymond James Financial Services, review the firm's and the individual advisor's registration history and disclosures on FINRA BrokerCheck.

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