ST. PETERSBURG, Fla. – The Raymond James Equity Research department received 17 awards in the 2013 Financial Times/StarMine Analyst Awards, ranking the firm second among all brokers.
The recognized analysts and their categories are:
Two analysts received overall awards. Aaron Kessler ranked third overall in Estimate Accuracy for his coverage of the Internet Software & Services and Internet & Catalog Retail sectors. Frank Louthan ranked sixth overall in Stock Selection for his picks in the Diversified Telecommunication Services, Media and Internet Software & Services sectors.
“It's gratifying to see the tremendous work and expertise of our analysts recognized by The Financial Times and StarMine,” said Bob Anastasi, director of Equity Research. “The deep industry knowledge provided by these analysts to our clients is remarkable, and these awards are indicative of the talent of our entire Equity Research team.”
The StarMine Awards measure the performance of brokers in two ways: by the returns of their buy/sell recommendations and the accuracy of their earnings estimates. A detailed listing of methodology can be found on the Awards' website. Included in Raymond James' 17 total awards is one earned by a former analyst for work performed while at Raymond James.
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (“RJF” or the “Company”) is a leading diversified financial services company headquartered in St. Petersburg, Florida providing private client, capital markets, asset management, banking and other services to individuals, corporations and municipalities predominantly in the United States and Canada. Its principal wholly owned subsidiaries include Raymond James & Associates, Inc., Raymond James Financial Services, Inc., Raymond James Financial Services Advisors, Inc., Raymond James Ltd., Eagle Asset Management, Inc., and Raymond James Bank, N.A. The Company has more than 6,200 financial advisors serving in excess of 2.5 million client accounts in more than 2,500 locations. Total client assets are approximately $486 billion. Established in 1962 and public since 1983, the Company has been listed on the New York Stock Exchange since 1986 under the symbol “RJF”. Additional information is available at www.raymondjames.com.
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