Analyst Coverage

                    Raymond James Financial, Inc. is covered by the following analysts:

                    Autonomous Research
                    Christian Bolu 

                    Citi Research
                    William R. Katz

                    Compass Point
                    Chris Allen

                    Credit Suisse
                    Craig W. Siegenthaler, CFA

                    Goldman Sachs & Co.
                    Alexander Blostein, CFA

                    JMP Securities
                    Devin Ryan

                    Morgan Stanley
                    Manan Gosalia

                    Wells Fargo Corporate and Investment Banking
                    Christopher Harris

                    Wolfe Research
                    Steven Chubak 


                    Raymond James is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Raymond James' performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Raymond James or its management. Raymond James does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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