Raymond James Financial Reviews | Glassdoor

Raymond James Financial Reviews

Updated May 23, 2017
529 reviews

Filter

Filter

Full-time Part-time

529 Employee Reviews

Sort: Popular Rating Date

Pros
  • Great work life balance & fun office culture (in 41 reviews)

  • Boss is great and work environment is upbeat (in 26 reviews)

Cons
  • As with all banking, the work life balance is tough but RJ is much more reasonable than most of its peers (in 11 reviews)

  • Long hours and low pay for the experience everyone had (in 18 reviews)

More Pros and Cons

  1. "Internal Wholesaler"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Annuity Marketing Consultant in Detroit, MI
    Current Employee - Annuity Marketing Consultant in Detroit, MI

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

    Pros

    Hours are good and they are flexible with time off.

    Cons

    The compensation plan changes often. The don't look very favorably when you make too much in commission. Our quarterly bonus was cut all together. Also in my department there is no real career path or room for advancement.

    Advice to Management

    Please listen to your employees feedback and compensate them accordingly. You will have a loss of good employees if this practice does not change.


  2. "Amazing company lots to learn & training is accessible"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sharepoint Administrative in Saint Petersburg, FL
    Current Employee - Sharepoint Administrative in Saint Petersburg, FL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Raymond James Financial full-time (More than a year)

    Pros

    Great work environment & great people to work with. Overall the atmosphere in the company is great. Teams get at least a remote day.

    Cons

    Nothing major as of right now. The company has listened to employees & provided help with getting off-hours support. Others have complained of being on-call but that's just part of the plan


  3. "Great Culture and company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Saint Petersburg, FL
    Former Employee - Anonymous Employee in Saint Petersburg, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Raymond James Financial full-time (More than a year)

    Pros

    The culture is very good. some areas can be more micromanaged than others, but overall, very good.
    Pay is competitive
    Benefits are good, retirement benefits a bit underrated because 401k match is not great but other incentives are
    On site cafeteria
    LOTS of different areas of the firm to move into. They basically have almost all business units, and they are all large (human resources, marketing, IT, Legal, Operations, Sales, etc)

    Cons

    Pay is competitive but maybe a bit below peers
    Seems like they are always concerned with controlling costs 1st
    It is growing and with that come some of the characteristics of the larger companies (it is a Fortune 500 company now)

    Advice to Management

    Keep doing what you're doing, but focus a bit more on the employees as well as the advisors. When they do well, everyone is happy, the company can make money and still please shareholders as well.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Senior Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Staten Island, NY
    Former Employee - Senior Vice President in Staten Island, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Raymond James Financial (More than 8 years)

    Pros

    Smaller and more nimble than larger corporations

    Cons

    Not enough oversight of Senior managemnet

    Advice to Management

    Have checks and balances to make sure management does the right thing by its employees


  6. "Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Nashville, TN
    Former Employee - Anonymous Employee in Nashville, TN
    Negative Outlook
    No opinion of CEO

    I worked at Raymond James Financial part-time (More than a year)

    Pros

    If you want to become an FA, the people are generally welcoming, but make sure you choose a branch where the people there fit your personality. This branch did not fit mine, so it wasn't a great match.

    Cons

    This particular branch had nice enough people, but they were stuck in their habits and were not willing (or possibly weren't able to from regional or HQ orders) to change with the times. There was a lot of pushback from upper management. There was little to no company culture, and as usual, female assistants were undervalued. I saw a male assistant getting bonuses from his FA every time he tied his shoes (an exaggeration, but he got quite a few bonuses), and then female assistants who had multiple children were scrounging for an end-of-the-year bonus. I'm not sure if the execs were being greedy with the flexible part of the budget or if budgets were slashed by national higher ups, but it's not a good situation for women at this company unless you push to become an FA and fight for your standing.

    Advice to Management

    See Cons (You should value all employees for how hard they work)


  7. Helpful (1)

    "Retirement Plan Services"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Saint Petersburg, FL
    Former Employee - Anonymous Employee in Saint Petersburg, FL
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Raymond James Financial full-time (More than 5 years)

    Pros

    Retirement Plan Services gives you the ability to learn more than the financial advisors with regard to retirement plan rules & regulations. Other departments within the firm are treated to better bonuses & aren't micro-managed.

    Cons

    Monotonous desk jobs in RPS that no one else in the organization wants and very, rarely leads to better opportunity. The department always has to hire from outside because other RJ associates know how RPS is micro-managed & monthly evaluations are filled with criticism and are highly subjective.

    Advice to Management

    Treat people with dignity and respect when it is deserved. Also, firing people who speak out about the way the are treated doesn't make you a winner. I watched my inept supervisor continuously find fault with people she didn't like or because they talked to senior mgrs about what was going on. Try being fair to your staff & keep your personal prejudices aside when working with diverse personalities.


  8. Helpful (1)

    "IT Project Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Saint Petersburg, FL
    Current Employee - Anonymous Employee in Saint Petersburg, FL
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Competitive Salary
    Good On Boarding Program

    Cons

    Boys Club
    Behind in technology
    Inexperienced project and product managers
    Dated offices

    Advice to Management

    Don't promote just to make people stay. Some people should not be in mid to senior level positions. Compensate in other ways besides promoting inexperienced people into roles that they should not be in.


  9. "Client Services"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Services Representative II in Saint Petersburg, FL
    Current Employee - Client Services Representative II in Saint Petersburg, FL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Promotes diversity and opportunity for advancement

    Cons

    Training is not the best.


  10. Helpful (1)

    "Financial Advisor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Cincinnati, OH
    Former Employee - Financial Advisor in Cincinnati, OH
    Recommends

    I worked at Raymond James Financial full-time

    Pros

    Great culture; professional; courteous; technologically savvy; experienced; I had a wonderful experience at RJ and kind of regret leaving. I was always proud to be associated wth them and cant remember being embarressed or disappointed.

    Cons

    It's not perfect, they have misfires and mistakes but I can't think of a serious flaw.

    Advice to Management

    Keep caring and putting people first! I believe the Company strives for excellence so it looks to assist excellent people.


  11. Helpful (1)

    "15 good years but moving in the wrong direction"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Saint Petersburg, FL
    Current Employee - Vice President in Saint Petersburg, FL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Stable employment across all market cycles in the majority of the firms departments. Work life balance is relatively strong although getting worse. Tom James built a great conservative foundation that should be able to survive long term. Stock has been strong to own.

    Cons

    Some truly awful senior executives who don't understand their business units in positions of power simply because they were once assistants to the chairman. Low compensation relative to competitors and the attitude they everyone can be replaced by someone who costs less, regardless of talent. We've lost good employees rather than make small compensation improvements. HR doesn't get replacements that are as cable as we always look for the cheapest option. Ethics seems to be becoming less not more important here. Very hard to move from VP to SVP without leaving the firm at some point. Loyalty not rewarded the way it use to be under TJ.

    Advice to Management

    Nearly every VP level person I know is demoralized, feels RJF is moving in the wrong direction and open to outside opportunities. We get the Florida sunshine discount but RJ is too extreme. Make sure senior management is held accountable for growth not just managing expenses. Growth costs money. Stock splits were beneficial for years but it's been a long time.


Showing 529 of 594 reviews
Reset Filters