Press Release

January 16, 2008

RAYMOND JAMES LEADS LIST OF
TOP INDEPENDENT ADVISORS

ST. PETERSBURG, Fla. – Raymond James Financial Services, Inc., member FINRA/SIPC, led all other broker/dealers with 15 affiliated advisors on Registered Rep.’s Top 50 Independent Advisors list. Appearing in the January 2008 issue, the national list ranked financial advisors by assets under management.

“I am proud that RJFS is the firm with the most advisors on this list of the nation’s Top 50,” said RJFS Chairman and CEO, Dick Averitt. “It’s a testament to the success we have had in attracting and meeting the needs of top quality professionals, and underscores my belief that you don’t have to have the largest number of advisors to be the best firm.”

Placing among the top fifteen were RJFS advisors Mal Makin (Westerly, R.I.) with $850 million in assets under management at No. 5, Gerard A. Klingman (New York, N.Y.) $800 million at No. 6, Randy Carver (Mentor, Ohio) $680 million at No. 9, Van Pearcy, (Midland, Texas) $574 million at No. 11 and Mark Smith (Englewood, Colo.) $540 million at No.15. Each of these financial advisors has been in the advisory business a minimum of 20 years with Mal Makin celebrating more than 30.

The other RJFS advisors on the Top 50 list include Richard Wagener, Columbia, Md.; Edward “Jeff” Sella, Rockville, Md.; Michael Hines, Atlanta, Ga.; David Tanner, Provo, Utah; Charles Morris, Baton Rouge, La.; Sherri Stephens, Flint, Mich.; Judith McGee, Portland, Ore.; Carl Stuart, Austin, Texas; Stephen Johnson, Draper, Utah; and Holmes Pettey, Clarksdale, Miss.

About Raymond James Financial Services, Inc.
Raymond James Financial Services, Inc. is a national investment firm providing financial services to individuals, corporations and municipalities through more than 3,200 financial advisors in 2,000 offices throughout the United States. For more than 30 years, Raymond James Financial Services has provided a wide range of services through our affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), a financial services holding company which has more than 4,750 financial advisors serving 1.6 million accounts in 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are currently $215 billion, of which approximately $37.3 billion are managed by the firm’s asset management subsidiaries.

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For more information, contact Anthea Penrose at 727-567-5283

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