Raymond James Financial reviews

4.1

80% would recommend to a friend

(2,493 total reviews)
avatar

Paul C. Reilly

89% approve of CEO

76% positive business outlook

Raymond James Financial has an employee rating of 4.1 out of 5 stars, based on 2,493 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Raymond James Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
3.0
Jun 18, 2019
Recommend
CEO approval
Business Outlook

Pros

• High pay • Retirement options • On-site healthcare • HSAs with great insurance options • Covered parking with covered walkway into building • Cafeteria on site with reasonable prices • Convenient office location • Diversity • Inclusion groups • Variety of programming • Gives back to the community • One day weekly remote possibilities • Decently easy access to higher-ups (senior managers and executive officers)

Cons

Marketing department specific: • Creatives cannot flourish here due to templated, quick-turn processes that have been put in place • Markets itself as an "agency" but is more of a production shop with a "do this and do it fast" mentality • Low work/life balance (schedules are "thoughtfully overloaded" giving creatives unrealistic deadlines to meet) • Very young department (frequently hiring individuals directly out of college) • Promotions and leadership opportunities are based on who's been there the longest and not on credibility/talent/experience in the medium (ex. copy experts are acting as creative directors for design projects) • Creatives are hidden from clients entirely and account managers tend to get credit for successful creative projects (ex. the creative team member only hears about the project later if something went wrong)

1.0
Jun 14, 2019
Recommend
CEO approval
Business Outlook

Pros

The company's client-first culture, stability, and conservative business model should keep it being a great company in the future.

Cons

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.

Viewing 46 - 48 of 2,493 Reviews

Glassdoor has 2,967 Raymond James Financial reviews submitted anonymously by Raymond James Financial employees. Read employee reviews and ratings on Glassdoor to decide if Raymond James Financial is right for you.