Raymond James Financial

  www.raymondjames.com
  www.raymondjames.com

Raymond James Financial Reviews

Updated November 8, 2014
Updated November 8, 2014
106 Reviews
3.5
106 Reviews
Rating Trends

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Raymond James Financial CEO Paul C. Reilly
Paul C. Reilly
45 Ratings

Review Highlights

Pros
  • Respected firm that offers a great work/life balance (in 8 reviews)

  • Most of the departments are pretty laid back and everyone is easy to talk to (in 5 reviews)


Cons
  • Very low pay versus other companies in the research universe (in 5 reviews)

  • Employees are expected to work long hours for no reward (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Night Shift Supervisor in Saint Petersburg, FL
    Former Employee - Night Shift Supervisor in Saint Petersburg, FL

    I worked at Raymond James Financial full-time (more than 10 years)

    Pros

    Great benefits and an awesome 401k plan. Some departments offered lots of overtime making it very easy to ensure an adequate salary.

    Cons

    Employees that work after business hours never seem to receive proper recognition.
    (Sort of an out of sight out of mind approach)

    Advice to ManagementAdvice

    Upper management needs to involve themselves more in the manual labor or "workhorse" departments so they can provide proper bonus numbers and promotion possibilities.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 3 people found this helpful  

    Applicant beware

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations in Memphis, TN
    Current Employee - Operations in Memphis, TN

    I have been working at Raymond James Financial full-time (more than an year)

    Pros

    The work life balance is really good. And the benefits are great.

    Cons

    Upper management is horrible. Way too stressful for below average pay

    Advice to ManagementAdvice

    Stop treating employees like they don't matter.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Solid, trustworthy, and conservative middle market broker dealer in St. Petersburg, Florida.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Compliance Advisor in Saint Petersburg, FL
    Former Employee - Compliance Advisor in Saint Petersburg, FL

    I worked at Raymond James Financial full-time (more than 3 years)

    Pros

    Overall pretty good environment, but just not a very exciting place to work.

    Cons

    Pay is not that competitive, and the work-life balance isn't great. Management in my experience is ignorant and self-serving first and foremost. A lot of politics with very little growth opportunities spells drama and no future for someone who has any real aspirations.

    Advice to ManagementAdvice

    Get over yourself. You aren't special.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 2 people found this helpful  

    Compliance Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Saint Petersburg, FL
    Current Employee - Anonymous Employee in Saint Petersburg, FL

    I have been working at Raymond James Financial full-time (more than 8 years)

    Pros

    The company has had a long history in the area. People respect the name in town. It's nice to be able to put ut on your resume. The Complete department had a good training programs. Their education programs are much better than both.

    Cons

    Morale is at an all-time low. Promotions aren't as much merit based as they are more about who you know and how long you've been there. Pay is below average. Raises are non-existent (<3% per year for an Exceptional performer) unless you are a VP or the CEO. Communication from senior managers is terrible. Not what you would expect for on-site amenities for such a large headquarters. No on-site gym, day care, etc.

    Advice to ManagementAdvice

    Come back to what got you to where you were. You have taken a culture that was fun, exciting, and caring and turned it into what you are trying not to be "the premier alternative to Wall Street". You will be just like all of them soon. A bunch a drones working for a paycheck who don't care.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Wealth Management for Morgan Keegan/Raymond James Financial

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Raymond James Financial full-time

    Pros

    Great training and better pay structure than some other firms. Pay for your travel and stay when traveling for training. Knowledgeable secretaries.

    Cons

    Poor Management as far as guiding new Financial Advisors with building book of business and finding new clients. All advisors there had already been very established. No one to get help from as far as effectively finding new clients.

  7.  

    good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Annapolis, MD
    Former Employee - Financial Advisor in Annapolis, MD

    I worked at Raymond James Financial part-time (less than an year)

    Pros

    very strong back office to support any questions you have in mutual fund and relationship building

    Cons

    you must be passionate on sales and be self-motivated.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Good company to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Raymond James Financial full-time (more than 10 years)

    Pros

    RJ is a great company to work for as the culture is friendly. It's also a conservative company, so no need to worry about sudden changes.

    Cons

    Unless you are a big producer, pay is below market average. To add to the above, conservative company= slow changes

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Positive working environment, inclusionary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operation Manager in Riverhead, NY
    Current Employee - Operation Manager in Riverhead, NY

    I have been working at Raymond James Financial full-time (more than 3 years)

    Pros

    Autonomy, no pressure to sell own "products", management involvement when requested, great working environment.

    Cons

    Technolgoy, but that is being worked on and updated on a steady basis.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    fghgt

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Raymond James Financial

    Pros

    really good company i like it

    Cons

    Sometimes they were mean to me

  11. 2 people found this helpful  

    Poor Management, career development, and Client relations.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations in Memphis, TN
    Current Employee - Operations in Memphis, TN

    I have been working at Raymond James Financial full-time (more than an year)

    Pros

    I got a paycheck.

    Cons

    The "service first" environment is non-existent, as smaller clients are put on a shelf. Development of employees lacks any substantial movement. Paul Riley is Tom James' puppet, and it flows down from there.

    Advice to ManagementAdvice

    Treat employees with respect, stop threatening to go to HR. Cater to employees so they want to achieve personal goals, which in return would far exceed Raymond James' goals.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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