Raymond James Financial reviews

4.1

80% would recommend to a friend

(2,495 total reviews)
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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 2,495 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
Jul 1, 2013
Recommend
CEO approval
Business Outlook

Pros

Probably great for a new IT recruit now. While I worked there, a great environment and work/life balance. RJ philosophy was "Service First" and it was displayed by virtually everyone. In IT department we raised money for charity all year long and contributed to needy families/children in the community at year end. People worked hard, long hours as needed to get the job done and then celebrated successes with a work hard/play hard approach. Lots of training and advancement opportunity. After Tom James stepped down as CEO in 2010, things began to change...

Cons

New management brought in to modernize IT, but in essence it was apparently to obfuscate and clean house. New CIO brought in people she used to work with previously and they felt free to chastise and humiliate managers already entrenched in the RJ culture. These new people either were given direction to make legacy folks uncomfortable or they have no polish at all to their professionalism. Either way, many IT folks began to search for other jobs and leave. During Morgan Keegan acquisition IT gave up vacations and time off during holidays in order to make it happen and convert accounts over to RJ platform by Feb 2013. We did it and were verbally thanked, then in April 2013 they had their first major layoff, mostly IT. (Thank you and good-bye!) More layoffs expected. Future uncertain.

1.0
Apr 27, 2013
Recommend
CEO approval
Business Outlook

Pros

There are so many inexperienced senior managers and executives at the company that have no clue…there are opportunities for smart people with experience to excel.

Cons

The company has fallen into the short term mind set. Culture is very bad and people with no experience are being prompted…to ensure that FA’s from MK don’t leave. The following departments are in BAD shape: IT, Training, Operations and HR. The company is no longer a company that cares about the employee…you are only a number. Morale is not good!

2.0
Apr 9, 2013
Recommend
CEO approval
Business Outlook

Pros

I've heard from people in sales departments how wonderful they have it. Liberal tuition reimbursement, days off when stock market is closed.

Cons

I worked in an operations area, and we were treated like 3rd class people. Bonuses were tiny compared to sales staff, and the management was horrible. They openly played favorites, and complaints to HR about harassment by managers was ignored.

Viewing 67 - 69 of 2,495 Reviews

Glassdoor has 2,971 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.