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RAYMOND JAMES EARNS HIGH PRAISE FOR PERFORMANCE AND SERVICE
Dear Investor:
Recently, Raymond James has earned praise from prominent industry media, such as Fortune magazine, SmartMoney and The Wall Street Journal. Raymond James has been recognized for its success, but the firm's steadfast commitment to clients is what I find noteworthy. Raymond James was founded in 1962 as a different kind of financial services firm, focused on each client's unique financial needs and goals. That commitment holds true today and has resulted in client satisfaction, as well as award-winning equity research and industry recognition.
For example, SmartMoney recently named Raymond James the best full-service broker in its 2011 Annual Broker Survey, for the third time in four years. The results were based on many factors, including client satisfaction, user-friendliness of account statements and more.
The Wall Street Journal also paid tribute to our stock-picking prowess and ranked seven Raymond James analysts as Master Stock Pickers for 2010 in its 19th annual "Best on the Street" survey with the firm tying for second overall among 196 research firms qualifying for the study. Also in April, Raymond James Brasil was named the top stock-picking team by Brazil's leading news agency, and the St. Petersburg Times ranked Raymond James eighth among "Top Places to Work in Tampa Bay 2011" in the large company category.
Earlier in the year, Fortune smiled on us, too, naming us the fourth most-admired securities company in the world.
I'm very proud of the accolades Raymond James continues to receive. For me, they underscore the advantage of working with a firm that remains faithful to its founding values of putting clients first. Raymond James CEO Paul Reilly recently reaffirmed that mandate, saying, "If we take care of our clients and their well being, they will take care of us and we will prosper."
The financial turmoil of the past few years proved too much for many other firms which have either been acquired or failed, but Raymond James remains a pillar of stability with 93 consecutive quarters of profitability. The goal is to be the premier alternative to Wall Street with all the capabilities, but with that client orientation and family feel. These industry honors reinforce our reputation as a respected, client-focused firm that values conservatism, independence and integrity - some of the reasons I'm proud to be affiliated with Raymond James.
I am happy to address any questions you might have about Raymond James or my services. Feel free to contact me at your convenience.
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