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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