Great Company Overall, some departments have better cultures than others - Manager Raymond James Financial Employee Review

The "Global Wealth Solutions" department is rife with favoritism, cronyism, and constant politics. There are many unnecessary and overpaid managers who aren't contributing and the few specialist's who are face back breaking work volume and poor compensation. Two older white male Case Consultants are compensated $50k more than their counterparts with the same credentials, or over 50% more for doing the same job. Despite this, they were recently given promotions other team members never had an opportunity to apply for. There is no clear plan or philosophy across the department, though some units in this department have great managers and high morale while other teams have one foot out the door. Work life balance is non-existent. Raymond James chooses to undercompensate their Wealth Strategist's and Wealth Management Consultants far below industry peers, but demand the same level of activity. It makes them very uncompetitive adding new talent and contributes to a toxic work environment where demands often outweigh recognition/compensation and associates become jaded over time. Promotions are rare and there is not a defined career track or attempts to create one.