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RJF Agencies, Inc. company history timeline

1849

MacDougall, MacDougall & MacTier Inc. (3Macs), which was founded in 1849 before Canada’s Confederation and remains one of the country’s leading independent investment firms, is acquired by our Canadian subsidiary, Raymond James Ltd.

1962

Robert A. James Investments incorporated in 1962, producing revenue of less than $100,000 for the fiscal year.

1966

The combined company was renamed Raymond James & Associates (RJ&A). Thomas A. James joined his father's firm after his 1966 graduation from Harvard business school.

1967

IM&R, established in 1967, served independent financial planners.

1969

Raymond James Financial (RJF) incorporated as a holding company in 1969.

1970

Raymond James becomes the title sponsor of the Gasparilla Festival of the Arts, which has been held in Tampa since 1970.

1972

Revenue topped $5 million in fiscal 1972.

1973

Thomas James put his business background into high gear when the 1973-74 recession and stock market crash created havoc for small stocks and, consequently, RJF. Emphasis had to change from sales to administration and finance.

Tom James, the son of founder Bob James, was named CEO at the start of the decade, and in 1973 Raymond James gained a seat on the New York Stock Exchange, helping to ensure the best execution for clients.

1975

Revenue began climbing again in 1975, a trend that continued for the remainder of the decade.

1980

1980: RJF's net income tops $1 million for the first time.

Bob and Tom James, 1980

1981

Robert Thomas Securities, established in 1981 as a discount office, worked with independent stock and bond brokers.

1984

Herb Ehlers takes the reins at Raymond James Asset Management, which in 1984 he renames Eagle Asset Management.

1991

In 1991, the vast majority of RJF's nearly 700 offices paid their own fixed costs and overhead out of sales commissions, according to Forbes.

1994

By 1994, RJF had established a national presence.

1998

1998: RJF purchases naming rights for Tampa stadium.

2001

2001: RJF is named to the Fortune 500.

2002

Chet Heick, an executive vice-president and chief recruiter for the firm's independent contractor subsidiary, was appointed RJF's first ever COO in March 2002.

The company earned $86.3 million on revenue of $1.49 billion versus $79.3 million in 2002 on revenue of $1.51 billion.

2003

In fiscal 2003, RJF posted a 9 percent increase in profits, reversing a two-year downturn.

2004

RJF posted records for sales and profits in fiscal 2004.

Governor Jeb Bush and the Florida Cabinet recognize Tom James as the 2004 Florida Free Enterpriser of the Year.

2009

The Bloomberg Riskless Return Ranking shows that Raymond James produced the best risk-adjusted return of nine United States brokerages, banks and advisory firms since 2009.

2012

In 2012, Raymond James celebrated 50 years of taking a personal approach to long-term financial planning.

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