Media Contact:
Jana Fuller
July 8, 2024

Raymond James adds senior banker to expand financial services investment banking team

ST. PETERSBURG, Fla. – Raymond James has hired Steven Berger as a managing director in its Financial Services Investment Banking practice. Based in New York City, Berger will focus on the asset management sector.

Having focused on financial services his entire investment banking career, Berger brings a wealth of knowledge and experience to a deeply talented and prolific Financial Services Investment Banking team. His addition will bolster the firm’s coverage of the asset management space and will further support Investment Banking’s continued efforts to build a practice that delivers actionable ideas and enhanced insights to the private equity community.

“With a wide array of deals and clients to his credit, Steven is a highly regarded and skilled addition to our team,” said John Roddy, head of Financial Services Investment Banking. “The asset and wealth management sectors are undergoing a transformation given the confluence of credit, private markets and insurance, leading to significant investments from the private equity community. This activity has created a substantial need for innovative investment banking advice and services, and Steven is uniquely qualified to work with our clients as they exploit these developments.”

Berger joins Raymond James from Rothschild & Co. where he covered the asset management space. He held previous roles at Credit Suisse, on MetLife’s corporate development team and JP Morgan. Berger served in the U.S. Marine Corps for 10 years after graduating from the U.S. Naval Academy. He holds an MBA in finance from the R.H. Smith School of Business (University of Maryland).

“The Raymond James Financial Services Investment Banking team is widely respected in the industry and helping to grow this effort is tremendous opportunity,” Berger said. 

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 8,800 financial advisors and total client assets are $1.45 trillion as of May 31, 2024. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at Past performance is not indicative of future results. The information provided is for informational purposes only and is not a solicitation to buy or sell Raymond James Financial stock.