# Raymond James Financial Services Advisors, Inc

> Raymond James Financial Services Advisors, Inc is an SEC-registered investment advisory firm in Saint Petersburg, FL, registered since 2008, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 21, 2026.

- CRD: 149018
- Filed as: RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Saint Petersburg, FL
- Filing period: October 2026
- Form ADV filing dated: September 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/149018
- AdvisorCensus page: https://advisorcensus.com/firm/raymond-james-financial-services-advisors-inc-saint-petersburg-fl-149018

## Quick answers

**How is Raymond James Financial Services Advisors, Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Raymond James Financial Services Advisors, Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions; other.

**What does Raymond James Financial Services Advisors, Inc's brochure say about its fees?**
Its Form ADV Part 2A brochure dated June 1, 2026 states: Asset-based fee: up to 2.25% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Raymond James Financial Services Advisors, Inc located?**
Raymond James Financial Services Advisors, Inc's principal office is in Saint Petersburg, FL, according to its Form ADV; the October 2026 filing also lists 25 other offices (Schedule D, Section 1.F).

**Is Raymond James Financial Services Advisors, Inc registered with the SEC or a state?**
Raymond James Financial Services Advisors, Inc is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 149018.

**How much does Raymond James Financial Services Advisors, Inc manage?**
Raymond James Financial Services Advisors, Inc reports $390,042,864,529 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (44% discretionary).

**How have Raymond James Financial Services Advisors, Inc's assets and staff changed since 2021?**
In the Form ADV data for Raymond James Financial Services Advisors, Inc: Regulatory assets under management: $191,890,035,255 in the October 2021 data and $390,042,864,529 in the October 2026 data, up 103%. Total employees: 6,060 in October 2021 and 9,675 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Raymond James Financial Services Advisors, Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (402,577); high net worth individuals (91,402); pension and profit sharing plans (but not the plan participants or government pension plans) (8,500).

**Which custodians does Raymond James Financial Services Advisors, Inc use?**
Raymond James Financial Services Advisors, Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. (affiliated with the firm) and Raymond James Trust Company of New Hampshire (affiliated with the firm) as custodians holding 10% or more of its separately managed account assets.

**Does Raymond James Financial Services Advisors, Inc report any disciplinary disclosures?**
Reports 11 disclosure items on Form ADV Item 11: yes answers to 11 questions about regulatory matters (11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(1), 11.D(2), 11.D(4), 11.E(1), 11.E(2), 11.E(4), 11.G). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/149018

**What changed in Raymond James Financial Services Advisors, Inc's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Commissions
- Other

### Fees and minimums (Form ADV Part 2A brochure dated June 1, 2026)

- Asset-based fee: up to 2.25% of assets a year (the maximum the brochure states)

> If charged as a percentage, the Fee is not to exceed 2.25% of the value of assets on which the investment consulting services are provided.

> Hourly fees for planning and/or investment consultation services are generally charged at a rate of up to $400 per hour.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Raymond James & Associates, Inc. (affiliated with the firm)
- Raymond James Trust Company of New Hampshire (affiliated with the firm)

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $390,042,864,529
- Discretionary: $171,744,014,440
- Non-discretionary: $218,298,850,089

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 402,577 | $115,333,079,354 |
| High net worth individuals | 91,402 | $230,845,182,534 |
| Banking or thrift institutions | 203 | $313,793,463 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8,500 | $26,968,117,165 |
| Charitable organizations | 107 | $343,815,870 |
| State or municipal government entities (including government pension plans) | 22 | $95,404,875 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 74 | $687,998,143 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 5,554 | $15,455,473,125 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2008 (17 years)
- Employees: 9,675 total, 6,024 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 11 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(1): Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.E(1): Has a self-regulatory organization (such as FINRA) or a commodities exchange ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?
- 11.G: Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/149018

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Bellevue, WA
- Belton, TX
- Durham, NC
- Florence, SC
- Glen Allen, VA
- Honolulu, HI
- Lancaster, PA
- Madison, MS
- Morristown, NJ
- Murfreesboro, TN
- Nashville, TN
- Omaha, NE
- Orlando, FL
- Parkersburg, WV
- Phoenix, AZ
- Rocklin, CA
- Saint Louis Park, MN
- Salt Lake City, UT
- San Antonio, TX
- San Ramon, CA
- Scottsdale, AZ
- Suffolk, VA
- Tacoma, WA
- Watkinsville, GA
- Winter Park, FL

### Websites listed on Form ADV (Item 1.I)
- clientaccess.rjf.com
- raymondjames.com
- Facebook @RAYMONDJAMES
- Instagram @RAYMONDJAMES
- LinkedIn @RAYMOND-JAMES-FINANCIAL-INC-
- X @RAYMONDJAMES
- X @RJADVISORCHOICE
- X @RJCAREERS
- X @RJFMARKETING
- YouTube @RAYMONDJAMES

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $191,890,035,255 | 6,060 | September 1, 2021 |
| October 2022 | $272,263,234,957 | 6,337 | August 29, 2022 |
| October 2023 | $245,249,234,083 | 6,517 | October 3, 2023 |
| October 2024 | $275,429,888,447 | 6,280 | September 25, 2024 |
| October 2025 | $344,868,106,925 | 6,727 | June 30, 2025 |
| October 2026 | $390,042,864,529 | 9,675 | September 21, 2026 |

Regulatory assets under management: $191,890,035,255 in the October 2021 data and $390,042,864,529 in the October 2026 data, up 103%.
Total employees: 6,060 in October 2021 and 9,675 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### May 2026
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Regulatory assets under management went from $344,868,106,925 to $390,042,864,529 (+13%).
- Employees performing advisory functions went from 5720 to 6024.
- Changed its office addresses in Nashville, TN.
- Changed its office addresses in San Ramon, CA.
- Changed its office addresses in Watkinsville, GA.
- Added an office in Durham, NC.
- Added an office in Madison, MS.
- Added an office in Morristown, NJ.
- Added an office in Parkersburg, WV.
- Added an office in Salt Lake City, UT.
- No longer lists an office in Buffalo, NY.
- No longer lists an office in Cornelius, NC.
- No longer lists an office in Manhattan, KS.
- No longer lists an office in West Chester, OH.
- No longer lists an office in Windsor, CO.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Raymond James Financial Services Advisors, Inc (CRD 149018): Form ADV filing data as of October 2026.