RAYMOND JAMES STOCKBROKER MISCONDUCT

Raymond James Financial, Inc. was founded in St. Petersburg, Florida, by Robert James in 1962. Two years later, it merged with Raymond and Associates to form Raymond James & Associates.

The firm’s is a marketing dynamo, advertising at various sports events, and having its name on the Tampa Bay Bucanneer’s stadium. It is an aggressive firm in marketing, showing its tremendous growth from a relativity recent start to being a multi-billion dollar enterprise.

Raymond James went public in the early 1980’s and has a value of over $5 billion and has even earned $1 billion in profits in a year. It has a mixed model, where there are some larger offices, with more than ten brokers, as well as many small or solo offices, giving it more than 2,000 offices.