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  • Josh Rovner

Why Raymond James for Investment Banking? / Overview of Raymond James


Overview


Raymond James is a global financial services firm serving individual and institutional clients. It offers middle market investment banking, wealth management, and public finance services among others.


In 2022, Raymond James purchased Pittsburgh-based commercial bank TriState.


Raymond James Overview


Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Raymond James, you should make sure you know:

  • 1 deal that the investment banking group has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention


We articulate how you can answer this question thoughtfully in our Investment Banking Course. We also cover all technical and qualitative information you need to get a top investment banking offer.



Big 3 Qualitative Questions




Selected Transaction


Raymond James acted as a financial advisor to natural gas company Ring Energy through its purchase of the assets of exploration firm Stronghold in Texas' Permian Basin.

  • Transaction Description: Ring Energy, Inc. (NYSE: REI) entered into a purchase and sale agreement to acquire Assets of Stronghold Energy II Operating, LLC and Stronghold Energy II Royalties, LP. Pursuant to the Purchase Agreement, Ring will acquire interests in oil and gas leases and related property of Stronghold located in the Permian Basin Platform of Texas.

  • Transaction Value: US$465mm

  • Transaction Date: Closed September 2022

  • Press Release


Raymond James Transaction


Fact Sheet


Raymond James Logo


  • Company Name: Raymond James

  • Description: Raymond James Financial, Inc. is an American multinational independent investment bank and financial services company providing financial services to individuals, corporations, and municipalities through its subsidiary companies that engage primarily in investment and financial planning, in addition to investment banking and asset management

  • Bank Category: Middle Market

  • Ticker: NYSE:RJF

  • Founded: 1962

  • Chief Executive Officer: Paul Reilly

  • Headquarters: St. Petersburg, USA


Resources


Raymond James Glassdoor



Raymond James Salary


Based on the H1B Database, the average base salary for an Investment Banking Analyst at Raymond James is about $73k. We note that this salary information may be dated and not reflective of their current pay.