1-9109 |
|
59-1517485 |
(Commission
File Number) |
|
(IRS
Employer Identification No.) |
January
2005 |
December
2004 |
January
2004 | |||
(4
weeks) |
(5
weeks) |
(5
weeks) | |||
Securities
commissions/fees (1) |
$112.0
mil. |
$127.5
mil. |
$129.5
mil. | ||
Assets
under management (2) |
$
24.9 bil. |
$
25.1 bil. |
$
21.5 bil. | ||
#
of managed/co-managed underwritings
(3) |
6
|
18
|
11
| ||
Total
customer assets under administration |
$
133.6 bil.(4) |
$136.2
bil.(4) |
$106.4
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. |
(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. |
|
RAYMOND
JAMES FINANCIAL, INC. | |
|
| |
|
| |
Date:
February 18, 2005 |
By: |
/s/ Thomas A. James |
|
|
Thomas
A. James,
Chairman
and Chief Executive Officer |
|
|
|
|
By: |
/s/ Jeffrey P. Julien |
|
|
Jeffrey
P. Julien |
|
|
Senior
Vice President - Finance |
|
|
and
Chief Financial Officer |