Raymond James Financial Inc. Sees 74.98% Trading Volume Drop, Ranks 486th Despite 2.76% Stock Price Increase

Generated by AI AgentAinvest Market Brief
Monday, Mar 24, 2025 7:46 pm ET1min read
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On March 24, 2025, Raymond James FinancialRJF-- Inc. (RJF) experienced a significant drop in trading volume, with a total of 1.87 billion shares traded, marking a 74.98% decrease from the previous day. This decline placed RJFRJF-- at the 486th position in terms of trading volume among all stocks for the day. Meanwhile, RJF's stock price increased by 2.76%.

Raymond James has recently made strategic moves to enhance its operations and support for independent financial advisors. The firm welcomed Ronice Barlow as the new chief operating officer of the Independent Contractor Division (ICD). Barlow brings over 30 years of experience in the financial services industry, most recently serving as senior vice president and senior strategic sales director for the US Wealth division of Franklin Templeton. Her role at Raymond James involves leading a team to deliver enhanced offerings and strategies to support regional leadership in attracting, retaining, and empowering independent financial advisors.

Shannon Reid, president of ICD, expressed confidence in Barlow's ability to refine business strategies, enable more dynamic support for independent advisors, and streamline internal processes. The ICD at Raymond James offers advisors the autonomy of business ownership while providing access to the firm's advanced technology platform, wealth planning and asset management products, marketing support, banking and lending services, and trust services.

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