Press Release

FOR IMMEDIATE RELEASE

January 30, 2012

FIRST TECH FEDERAL CREDIT UNION OF
PALO ALTO TO PARTNER WITH RAYMOND JAMES
FOR INVESTMENT AND WEALTH MANAGEMENT SERVICES

ST. PETERSBURG, Fla. – John Houston, managing director of the Financial Institutions Division of Raymond James Financial Services, Inc., member FINRA/SIPC, today announced that Addison Avenue Investment Services, the investment services program of First Tech Federal Credit Union in Palo Alto, Calif., has partnered with Raymond James to offer investment and wealth management services to its clients.

“We have been talking with Raymond James for some time now,” said Scott Jenner, Addison Avenue Investment Services president, CEO and program manager, “and beyond the depth of resources and services they offer, I have been most impressed with their home office associates. They have demonstrated a sincere dedication to serving our needs and making this transition as smooth and successful as possible. I know both our advisors and their clients are going to enjoy this unparalleled level of client service.”

“We also are excited to be able to provide our clients access to even more resources from one of the most respected investment firms in the country. Raymond James is known for its award-winning equity research, its integrated advisor technology, strong asset management and investment banking programs. And now, with the recently announced acquisition of Morgan Keegan, our advisors will be able to tap into an even deeper reservoir of talent and expertise in the fixed income and public finance areas. The timing is excellent,” added Jenner.

Addison Avenue Investment Services was initially launched in 1998 to serve the investment needs of Hewlett-Packard employees. Since then, it has grown into the largest credit union investment program in the country, with 30 financial advisors operating in 38 branches in eight states and managing $2.2 billion in assets.

“We are privileged to welcome Scott and his team at Addison Avenue Investment Services to the Raymond James family,” said Houston. “Their commitment to providing a broad array of investment and wealth management services to their clients is well documented, and we look forward to a long and mutually rewarding partnership.”

About the Financial Institutions Division of RJFS
The Financial Institutions Division (RJFS-FID) was established by Raymond James in 1987 to provide banks and credit unions with brokerage services as an alternative to traditional third-party investment providers. RJFS-FID provides true, full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, RJFS-FID has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions. The division currently provides brokerage and advisory services to over 200 financial institutions across 43 states with total investment assets under administration of more than $29 billion in over 300,000 client accounts.

About Raymond James Financial, Inc.
Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three principal wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. have approximately 5,400 financial advisors serving 2 million accounts in 2,400 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $270 billion, of which approximately $35 billion are managed by the firm’s asset management subsidiaries.

For more information, please contact Anthea Penrose at 727-567-2824.
Please visit the Raymond James Press Center at raymondjames.com/media.