Better Health for All

Raymond James Financial Inc. is a diversified financial services company whose core products have no direct health impact. The company does not produce health-related products, conduct clinical trials, or manage health data. It offers employees a comprehensive healthcare package

, an onsite wellness center with health assessments and flu shots , and an Employee Assistance Program for mental health and substance abuse . A tobacco-free policy with cessation support was implemented at its St. Petersburg campus. Raymond James supports clients in financing projects for quality healthcare access, clean water infrastructure, and K-12/higher education. Its Affordable Housing Investments raised nearly $15 billion in equity for over 2,500 properties since 1986, contributing to stable housing. The company acquired shares in Acadia Healthcare for mental health services and provided concierge health advisory services to clients. During the COVID-19 crisis, Raymond James donated over $2 million , and employees contributed food and supplies . Philanthropic efforts include supporting the St. Pete Free Clinic's Fresh Sprouts initiative and donating over $8 million to nonprofits in 2015, including health-related causes. Associates volunteered 9,685 hours, preparing 126,047 meals and donating 45,960 pounds of food.

Fair Money & Economic Opportunity

Raymond James Financial settled with six states in 2023 for $12.4 million due to unreasonable commissions on over 270,000 transactions.

This included $8.25 million in excess charges that the firm was required to refund and $4.2 million in fines.

Fair Pay & Worker Respect

Raymond James Financial has no reported regulatory actions, violations, or fines.

The company offers a comprehensive health insurance package, including medical, dental, and vision insurance, with choices of Health Savings Account (HSA) models and employer contributions to employee accounts. Additional health and wellness benefits include extra mental health benefits, fertility assistance, adoption assistance, and various caregiving leaves. Financial benefits include paid internships, matching 401k contributions, financial education programs, and tuition assistance. The company conducts annual pay equity studies and has implemented policies to prohibit discrimination based on various factors. However, some employee reviews reflect concerns about long working hours and compensation.

Fair Trade & Ethical Sourcing

Raymond James Financial Inc. is a financial services company, and therefore, KPIs related to the procurement or trading of physical commodities, such as fair-trade certifications and high-risk materials, are not applicable to its operations. The company has adopted a zero-tolerance approach to modern slavery and human trafficking and includes compliance clauses in supplier contracts.

However, no specific data is provided regarding the percentage of suppliers covered by ethical clauses, the frequency of supplier audits, the number of forced or child labor incidents, the traceability coverage of its supply chain, the remediation speed for violations, or the percentage of procurement budget directed to diverse suppliers.

Honest & Fair Business

Raymond James Financial Inc. incurred $53.05 million in ethics-related regulatory fines within the past three years. This includes a $50 million penalty in August 2024 to settle charges related to unauthorized communication platform use.

Additionally, in August 2024, FINRA imposed approximately $1.9 million in fines for failing to timely report customer complaints and for inadequate supervision of mutual fund transactions. Furthermore, in October 2022, FINRA issued a $1.15 million penalty for compliance failures, including missing red flags.

Kind to Animals

Raymond James' Maus Consulting Group collaborates with the Humane Society on humane treatment programs.

The Maus Consulting Group also provides specialized financial services to animal welfare organizations. Raymond James Charitable offers donor-advised funds for clients to support animal welfare charities. Raymond James Financial Inc. invested $1.1 million in Phibro Animal Health Co. and $10.56 million in Elanco Animal Health, both focusing on animal vaccines, antibiotics, and parasiticides to promote animal health and welfare. ,

No War, No Weapons

Raymond James Financial has increased its investments in defense-related companies, including Huntington Ingalls Industries and Northrop Grumman Corporation.

It also acquired new holdings in Kratos Defense & Security Solutions. In the third quarter of 2024, Raymond James & Associates increased its holdings in Huntington Ingalls Industries by 10.9%, now owning 57,083 shares valued at $15.09 million. Raymond James Financial purchased 365,615 shares of Northrop Grumman, valued at $171.58 million. Additionally, the company provides investment banking services to companies in government sectors, including defense electronics, unmanned systems, C4ISR systems, and cybersecurity.

Planet-Friendly Business

Raymond James allocated $1.2 billion towards renewable energy project financing in 2023-2024, supporting initiatives such as wind, solar, and hydroelectric installations

. In March 2025, the firm expanded its renewable energy investment capabilities . As of December 31, 2023, it reported $23.7 billion in ESG-focused assets under management . Additionally, in the fourth quarter of 2024, the company purchased $346,000 worth of shares in a low carbon energy ETF . Raymond James has committed to reducing its operational carbon emissions by 35% by 2030 and has established a dedicated Environmental Sustainability Manager role to lead its sustainability team, focusing on environmental data collection and program improvements .

Respect for Cultures & Communities

Raymond James partnered with KeyBank to invest $7.3 million in Low-Income Housing Tax Credits for affordable housing on the Tulalip Reservation

, a project that includes 66 homes and creates jobs for tribal members . The company also pledged $1.5 million to support Black communities, education, and empowerment . Additionally, Raymond James sponsors arts access for diverse middle school students through Ruth Eckerd Hall, focusing on cultural exposure and inclusivity . The firm emphasizes community-minded projects and philanthropic giving as part of its sustainable finance approach . There are no reported cultural appropriation incidents.

Safe & Smart Tech

Raymond James Financial has faced multiple regulatory penalties, indicating historical gaps in compliance and a reactive approach. In 2016, FINRA fined the company $500,000 for requiring new advisors to disclose confidential client information without proper consent

. In 2017, FINRA issued a $2 million fine for failures in supervisory systems related to email reviews . Following these incidents, the company committed to reviewing and bolstering its internal controls . While Raymond James states it complies with stringent data privacy regulations, including GDPR and CPRA , these past fines highlight areas of concern. The 2016 fine for unauthorized data handling represents an incident of unauthorized data use, which the company addressed by committing to improve data governance .

Zero Waste & Sustainable Products

Raymond James has implemented waste reduction initiatives, including encouraging clients to opt for electronic communications, which resulted in the planting of nearly 14,000 trees.

Its UK headquarters also employs operational practices such as waste separation and providing reusable containers to minimize waste.