Raymond James Financial, Inc. operates as an investment holding company. The firm engages in the provision of financial and investment services. It operates through the following segments: Private Client Group, Capital Markets, Asset Management, RJ Bank and Other. The Private Client Group segment deals with financial planning and securities transaction services. The Capital Markets segment pertains to institutional sales, securities trading, equity research, and investment banking activities. The Asset Management segment offers investment advisory to individual and institutional portfolios. The RJ Bank segment includes corporate loans, mortgages and loan syndications. The Other segment consists of principal capital and private equity operations. The company was founded by Robert A. James in 1962 and is headquartered in St. Petersburg, FL.