SEC-registered wealth management firm Broker-dealer affiliated
Raymond James Financial Services Advisors, Inc
As of its Form ADV filed September 21, 2026, Raymond James Financial Services Advisors, Inc, an SEC-registered, broker-dealer affiliated wealth management firm in St. Petersburg, Florida, reported $390.0 billion in regulatory assets under management across 1,107,860 accounts, ranking #2 among all wealth firms in Florida by assets.
Registration
- Main office
- St. Petersburg, FL
- Registration
- SEC-registered, Approved
- CRD number
- 149018
- SEC file number
- 801-69815
- Registered since
- December 23, 2008
- Latest Form ADV filing
- September 21, 2026
- Organized as
- Corporation
- Fiscal year ends
- September
- Other offices
- 3,629
Key figures
- Regulatory assets under management
- $390.0 billion
- Discretionary
- $171.7 billion (44.0%)
- Non-discretionary
- $218.3 billion
- Accounts
- 1,107,860 (457,420 discretionary)
- Clients
- 513,981, approximate as reported
- Employees
- 9,675
- Advisory staff
- 6,024 performing investment advisory functions
- Average account
- $352,069
- Asset growth, 1 year
- 13.1% (from $344.9 billion a year earlier)
- Asset growth, 3-year annual rate
- 16.7% (from $245.2 billion three years earlier)
- Asset growth, 5-year annual rate
- 15.2% (from $191.9 billion five years earlier)
- Client growth, 1 year
- 5.3% (from 488,080)
Broker-dealer affiliated. The firm is affiliated with a bank (Item 7.A(8)) that is part of a group with a broker-dealer (Item 7.A(1)) or controlled by a public company (Schedule D, Item 10.A). It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $20.3 billion |
| October 3, 2011 | $25.9 billion |
| October 1, 2012 | $29.0 billion |
| October 1, 2013 | $36.7 billion |
| October 1, 2014 | $43.0 billion |
| October 1, 2015 | $58.7 billion |
| October 3, 2016 | $64.2 billion |
| October 2, 2017 | $68.8 billion |
| October 1, 2018 | $81.2 billion |
| October 1, 2019 | $103.7 billion |
| October 1, 2020 | $117.6 billion |
| October 4, 2021 | $191.9 billion |
| October 3, 2022 | $272.3 billion |
| October 5, 2023 | $245.2 billion |
| October 1, 2024 | $275.4 billion |
| September 2, 2025 | $344.9 billion |
| October 2, 2026 | $390.0 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 91,402 clients | $230.8 billion | |
| Individuals (other than high net worth) 402,577 clients | $115.3 billion | |
| Pension and profit sharing plans 8,500 clients | $27.0 billion | |
| Corporations or other businesses 5,554 clients | $15.5 billion | |
| Insurance companies 74 clients | $688.0 million | |
| Charitable organizations 107 clients | $343.8 million | |
| Banking or thrift institutions 203 clients | $313.8 million | |
| State or municipal government entities 22 clients | $95.4 million |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Commissions
- Other
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Pension consulting
- Selection of other advisers
- Educational seminars or workshops
- Other
Financial planning clients (Item 5.H): 3000.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Municipal advisor
- Banking or thrift institution
- Trust company
- Insurance company or agency
- Pension consultant
- Sponsor or syndicator of limited partnerships
Custody (Item 9)
The firm reported custody of client cash or securities, $731.2 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 6,747
- Also registered through a broker-dealer
- 6,650
- Employees who are IARs (Form ADV 5.B(3))
- 6,024
Designations held by the firm's IARs: CFP 1,244, ChFC 165, CFA 45, PFS 11.
Between 953 and 3,673 of the firm's 6,747 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 11 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Florida
| Firm | City | RAUM |
|---|---|---|
| Raymond James & Associates, Inc. | St. Petersburg | $501.0 billion |
| Corient | Miami | $165.3 billion |
| Sanctuary Advisors, LLC | Miami | $34.9 billion |
| We Family Offices | Coral Gables | $17.8 billion |
| Independent Financial Partners | Tampa | $16.3 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Raymond James Financial Services Advisors, Inc on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.raymondjames.com
- Wealth management firms in Florida
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.