UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section l3 and l5(d) of the
Securities
Exchange Act of l934
May
24, 2005
Date of
report (date of earliest event reported)
Raymond
James Financial, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
Florida
(State or
Other Jurisdiction of Incorporation)
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1-9109 |
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59-1517485 |
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(Commission
File Number) |
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(IRS
Employer Identification No.) |
880
Carillon Parkway St. Petersburg, FL 33702
(Address
of Principal Executive Offices) (Zip Code)
(727)
567-1000
(Registrant’s
Telephone Number, Including Area Code)
Not
Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General
Instruction A.2. below):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
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Item
7.01 Regulation FD Disclosure
The
following information was contained in a press release issued on May 24,
2005.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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RAYMOND
JAMES FINANCIAL, INC. | |
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Date:
May 24, 2005 |
By: |
/s/ Thomas A. James |
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Thomas
A. James,
Chairman
and Chief Executive Officer |
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By: |
/s/ Jeffrey P. Julien |
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Jeffrey
P. Julien |
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Senior
Vice President - Finance |
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and
Chief Financial Officer |
Release
No. 0405-05 FOR
IMMEDIATE RELEASE
May 24,
2005
RAYMOND
JAMES FINANCIAL, INC.
REPORTS
APRIL 2005 OPERATING DATA
ST.
PETERSBURG, Fla. - In an effort to provide timely information to enable analysts
and investors to stay better informed about the general trends in our major
business segments, we are releasing selected operating statistics. Due to the
limited nature of this data, a consistent correlation to earnings should not be
assumed.
“Continuing
volatile market performance is dampening retail investor enthusiasm and
investment activity,”
explained Chairman and CEO Thomas A. James.
“Although corporate earnings are rising and long-term interest rates remain
favorable, our results are relatively flat with last year as short-term rates
are rising and compensation inflation is obfuscating the outlook."
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 wholly
owned broker/dealers, Raymond James & Associates, Raymond James
Financial Services and Raymond James Ltd. have more than 5,000 financial
advisors serving 1.3 million accounts in 2,100 locations throughout the United
States, Canada and overseas. In addition, total client assets are
approximately $138 billion, of which are approximately $25 billion are managed
by the firm’s asset management subsidiaries.
- more
-
Release
No. 0405-05 RAYMOND
JAMES FINANCIAL, INC.
Page
2
To the
extent that Raymond James makes or publishes forward-looking statements
(regarding management expectations, strategic objectives, business prospects,
anticipated expense savings, financial results, anticipated results of
litigation and regulatory proceedings, and other similar matters), a variety of
factors, many of which are beyond Raymond James’ control, could cause actual
results and experiences to differ materially from the expectations and
objectives expressed in these statements. These factors are described in Raymond
James’ 2004 annual report on Form 10-K, which is available on raymondjames.com
and sec.gov.
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April
2005 |
March
2005 |
April
2004 | |||
|
(5
weeks) |
(4
weeks) |
(5
weeks) | |||
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Securities
commissions/fees (1) |
$128.6
mil. |
$114.4
mil. |
$124.3
mil. | ||
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Assets
under management (2) |
$
24.9 bil. |
$
25.4 bil. |
$
21.7 bil. | ||
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#
of managed/co-managed underwritings
(3) |
7
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7
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7
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Total
customer assets under administration |
$
138.0 bil.(4) |
$
136.1 bil.(4) |
$106.7
bil. | ||
| (1) |
Includes
all securities commissions and fees generated by our financial advisors,
both private client and institutional, except for emerging markets joint
ventures. |
| (2) |
This
is the primary revenue driver for the asset management segment. Just under
half of the assets under management are subject to billing quarterly in
advance, with the balance billed mainly based on average daily
assets. |
| (3) |
This
is only one of several key revenue sources for the capital markets
segment, other key revenue sources include institutional sales
commissions. |
- more
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Release
No. 0405-05 RAYMOND
JAMES FINANCIAL, INC.
Page
3
| (4) |
These
figures have been adjusted to include certain annuity assets held directly
in the insurance companies. Future balances will include additional assets
directly held as such information becomes available. For comparison
purposes, such additions, to the extent that they cannot be retroactively
applied, will be noted. |
- 30
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For more
information, please contact Tracey Bustamante at 727-567-2824.
Please
visit the Raymond James Press Center at raymondjames.com/media.