June 6, 2022

Raymond James expands Financial Services Investment Banking practice by hiring Tom Heath as Vice Chairman

ST. PETERSBURG, Fla. - Raymond James is expanding the capabilities of its Financial Services Investment Banking practice with the hiring of Tom Heath as vice chairman. Heath is an industry veteran with 30 years of investment banking experience who will serve depository clients, primarily focusing on regional banks. He is based in New York City.

“Tom is a talented banker with decades of financial services banking experience that our clients can draw from,” said John Roddy, head of Financial Services Investment Banking. “His experience working on some of the most significant transactions in the banking sector will complement our existing strong market presence. We’re thrilled that he has chosen to join Raymond James.”

Heath most recently was director of investor relations at First Citizens Bank after investment banking roles with Citigroup, UBS and J.P. Morgan.

“Raymond James is highly regarded in the depository space and has thoughtfully grown its entire Financial Services Investment Banking practice over the past 10 years,” Heath said. “It’s a privilege to be here as I believe that there are tremendous opportunities to assist in further building this franchise. I know my client base will benefit from the capabilities that Raymond James has so successfully developed in recent years.”

About Raymond James Investment Banking
Raymond James Investment Banking offers highly regarded capital formation and financial advisory services. Since 2017, we have participated in raising over $310 billion in capital for our corporate clients and completed more than 1,010 advisory assignments, including over 835 M&A buy-side or sell-side advisory assignments. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.

About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.18 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at