Media Contact:
Jana Strange
July 19, 2011

Raymond James Announces Hiring Of Investment Banker Scott Lemone

ST. PETERSBURG, Fla. – Raymond James Financial announced today that it has hired Scott Lemone as managing director of its Consumer Investment Banking group. He will head coverage of the retail and gaming sectors from Raymond James’ Boston offices.

Lemone joins Raymond James with 22 years of experience in consumer and retail investment banking. He has been an advisor on more than $50 billion in mergers and acquisitions transactions, including Kmart Corp.’s acquisition of Sears Roebuck Corp. and Kraft Foods’ acquisition of Cadbury Sweeps, and has led over $30 billion of capital markets transactions. After nearly 20 years of focusing solely on the consumer and retail sectors, Lemone added gaming to his coverage in 2008.

“I’m pleased to join Raymond James’ investment banking group,” Lemone said. “This is a great time to be involved with a leading firm focused on the middle market, and I look forward to providing our clients with the individual attention and focus that they deserve.”

“Scott is a great addition to the Consumer Investment Banking group,” said Bob Berry, managing director and head of Raymond James’ Consumer Investment Banking group. “His expertise in the retail and gaming sectors will be a great addition to our expanding Consumer group.”

Prior to joining Raymond James, Lemone was Head of Corporate Finance and Advisory at The Royal Bank of Scotland, responsible for the consumer and industrial sectors. He has also worked at Lehman Brothers Inc., Merrill Lynch & Co. and Kidder, Peabody & Co.

After graduating summa cum laude from Bentley College, Lemone received a Master of Business Administration with Honors from the Stern School of Business at New York University.

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 more than 5,300 financial advisors serving 1.9 million accounts in 2,400 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $282 billion, of which approximately $37 billion are managed by the firm’s asset management subsidiaries.