Raymond James Financial Inc. is a diversified financial services company headquartered in St. Petersburg, Florida, founded in 1962. The firm operates as an investment holding company with a primary focus on wealth management, investment banking, and asset management for individuals, corporations, and municipalities. Its core activities include investment advisory and portfolio management, financial planning, brokerage services, and the sale of mutual funds and other investment products. Raymond James Financial also provides capital markets services such as equity and debt underwriting, distribution, and trading, along with merger and acquisition advisory. In addition, the company offers banking and trust services, including corporate and retail banking solutions tailored to private clients and businesses. A significant portion of its business is generated through a large network of financial advisors and its wealth management franchise, which represents the main driver of revenue and earnings in the United States market.