Raymond James Financial Files 2024 10-K
Ticker: RJF · Form: 10-K · Filed: Nov 26, 2024 · CIK: 720005
Sentiment: neutral
Topics: 10-K, annual-report, financial-services
TL;DR
RJF filed its 2024 10-K. All systems go.
AI Summary
Raymond James Financial, Inc. filed its 2024 10-K report on November 26, 2024, detailing its financial performance for the fiscal year ending September 30, 2024. The company, headquartered in St. Petersburg, Florida, operates within the security brokers, dealers & flotation companies sector. The filing provides comprehensive financial data and operational insights for the fiscal year.
Why It Matters
This 10-K filing provides investors and analysts with a detailed overview of Raymond James Financial's financial health, operational performance, and strategic positioning for the fiscal year 2024.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks.
Key Numbers
- 20240930 — Fiscal Year End (The report covers the financial performance up to this date.)
- 20241126 — Filing Date (The date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- RAYMOND JAMES FINANCIAL INC (company) — Filer
- 0000720005 (company) — Central Index Key
- 20240930 (date) — Fiscal Year End
- 20241126 (date) — Filing Date
- 880 CARILLON PKWY (address) — Business Address
- ST. PETERSBURG (city) — Business Address City
- FL (state) — Business Address State
- 33716 (zip_code) — Business Address Zip
- 727-567-1000 (phone_number) — Business Phone
FAQ
What is the primary business of Raymond James Financial, Inc.?
Raymond James Financial, Inc. operates in the 'SECURITY BROKERS, DEALERS & FLOTATION COMPANIES' sector, as indicated by its SIC code 6211.
Where is Raymond James Financial, Inc. headquartered?
The company is headquartered at 880 Carillon Pkwy, St. Petersburg, FL 33716.
When does the fiscal year covered by this 10-K report end?
The fiscal year covered by this 10-K report ends on September 30, 2024.
What is the SEC file number for Raymond James Financial, Inc.'s 10-K?
The SEC file number for this 10-K filing is 001-09109.
What was the previous name of Raymond James Financial, Inc.?
The company was formerly known as RJ FINANCIAL CORP/FL, with a name change date of March 3, 1987.
Filing Stats: 4,382 words · 18 min read · ~15 pages · Grade level 13.4 · Accepted 2024-11-26 16:53:21
Key Financial Figures
- $1.51 — G segment as of September 30, 2024 were $1.51 trillion, of which $875.2 billion relat
- $875.2 billion — 30, 2024 were $1.51 trillion, of which $875.2 billion related to fee-based accounts ("fee-bas
- $180.7 billion — with firms in our RCS division totaled $180.7 billion as of September 30, 2024. Products an
- $9.46 billion — n the following graph. Net Revenues — $9.46 billion * Included in "Brokerage revenues" on
- $1.47 billion — n the following graph. Net Revenues — $1.47 billion * Included in "Investment banking" on
- $62.37 billion — 30, 2024. Bank Segment Total Assets — $62.37 billion Other Our Other segment includes in
Filing Documents
- rjf-20240930.htm (10-K) — 6861KB
- ex412024093010k.htm (EX-4.1) — 77KB
- ex192024093010k.htm (EX-19) — 91KB
- ex212024093010k.htm (EX-21) — 96KB
- ex232024093010k.htm (EX-23) — 3KB
- ex3112024093010k.htm (EX-31.1) — 11KB
- ex3122024093010k.htm (EX-31.2) — 11KB
- ex322024093010k.htm (EX-32) — 9KB
- ex9712024093010k.htm (EX-97.1) — 34KB
- ex9722024093010k.htm (EX-97.2) — 33KB
- rjf-20240930_g1.jpg (GRAPHIC) — 43KB
- rjf-20240930_g2.jpg (GRAPHIC) — 76KB
- rjf-20240930_g3.jpg (GRAPHIC) — 70KB
- rjf-20240930_g4.jpg (GRAPHIC) — 40KB
- rjf-20240930_g5.jpg (GRAPHIC) — 54KB
- rjf-20240930_g6.jpg (GRAPHIC) — 61KB
- 0000720005-24-000069.txt ( ) — 36004KB
- rjf-20240930.xsd (EX-101.SCH) — 166KB
- rjf-20240930_cal.xml (EX-101.CAL) — 293KB
- rjf-20240930_def.xml (EX-101.DEF) — 989KB
- rjf-20240930_lab.xml (EX-101.LAB) — 1787KB
- rjf-20240930_pre.xml (EX-101.PRE) — 1376KB
- rjf-20240930_htm.xml (XML) — 8232KB
Risk factors 20
Item 1A. Risk factors 20
Unresolved staff comments 35
Item 1B. Unresolved staff comments 35 Item 1C. Cybersecurity 36
Properties 38
Item 2. Properties 38
Legal proceedings 38
Item 3. Legal proceedings 38
Mine safety disclosures 39
Item 4. Mine safety disclosures 39 PART II.
Market for registrant's common equity, related shareholder matters and issuer purchases of equity securities
Item 5. Market for registrant's common equity, related shareholder matters and issuer purchases of equity securities 39
Management's discussion and analysis of financial condition and results of operations 41
Item 7. Management's discussion and analysis of financial condition and results of operations 41
Quantitative and qualitative disclosures about market risk 85
Item 7A. Quantitative and qualitative disclosures about market risk 85
Financial statements and supplementary data 86
Item 8. Financial statements and supplementary data 86
Changes in and disagreements with accountants on accounting and financial disclosure 171
Item 9. Changes in and disagreements with accountants on accounting and financial disclosure 171
Controls and procedures 171
Item 9A. Controls and procedures 171
Other information 173
Item 9B. Other information 173
Disclosure regarding foreign jurisdictions that prevent inspections 173
Item 9C. Disclosure regarding foreign jurisdictions that prevent inspections 173 PART III.
Directors, executive officers and corporate governance 173
Item 10. Directors, executive officers and corporate governance 173
Executive compensation 173
Item 11. Executive compensation 173
Security ownership of certain beneficial owners and management and related shareholder matters 173
Item 12. Security ownership of certain beneficial owners and management and related shareholder matters 173
Certain relationships and related transactions, and director independence 173
Item 13. Certain relationships and related transactions, and director independence 173
Principal accountant fees and services 173
Item 14. Principal accountant fees and services 173 PART IV.
Exhibits and financial statement schedules 173
Item 15. Exhibits and financial statement schedules 173
Form 10-K summary 175
Item 16. Form 10-K summary 175 Signatures 176 2 RAYMOND JAMES FINANCIAL, INC. AND SUBSIDIARIES Index PART I
BUSINESS
ITEM 1. BUSINESS Raymond James Financial, Inc. ("RJF" or the "firm") is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The firm, together with its subsidiaries, is engaged in various financial services activities, including providing investment management services to retail and institutional clients, merger & acquisition and advisory services, the underwriting, distribution, trading and brokerage of equity and debt securities, and the sale of mutual funds and other investment products. The firm also provides corporate and retail banking services, and trust services. The firm operates predominantly in the United States ("U.S.") and, to a lesser extent, in Canada, the United Kingdom ("U.K."), and other parts of Europe. As used herein, the terms "our," "we," or "us" refer to RJF and/or one or more of its subsidiaries. Established in 1962 and public since 1983, RJF is listed on the New York Stock Exchange (the "NYSE") under the symbol "RJF." As a bank holding company ("BHC") and financial holding company ("FHC"), RJF is subject to supervision, examination and regulation by the Board of Governors of the Federal Reserve System ("the Fed"). Among the keys to our historical and continued success, our emphasis on putting the client first is at the core of our corporate values. We also believe in maintaining a long-term focus in our decision making. We believe that this disciplined decision-making approach translates to a strong, stable financial services firm for clients, associates, and shareholders. REPORTABLE SEGMENTS We currently operate through the following five segments: Private Client Group ("PCG"); Capital Markets; Asset Management; Bank; and Other. The following graph depicts the relative net revenue contribution of each of our business segments for the fiscal year ended September 30, 2024. * The preceding ch