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Raymond James Financial, Inc. operates as a financial holding company for various subsidiaries that provide investment, financial planning, asset management, trust and estate planning, securities brokerage, underwriting and dealing, commercial banking, insurance and other products and services to individuals and businesses in the U.S., Canada and Europe. It operates in four reportable segments: Private Client Group, Capital Markets, Asset Management and RJ Bank. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.