What We Do

SENIOR MANAGED UNDERWRITING
As one of the nation's leading underwriters of municipal bonds, Raymond James offers a comprehensive array of services to state and local governments, utilities, housing authorities, airports, healthcare providers, higher education institutions, corporations and other entities that issue taxable or tax-exempt debt.

In 2015, Raymond James was the nation�s eighth leading municipal underwriter and ranked among the top 10 in large issues over $100 million. Our team of veteran public finance bankers served as senior manager on 820 negotiated and competitive issues with a total par value of $16.6 billion. And we've been working hard for issuers all across the country. In fact:

  • In the South Central and Southeast regions, we underwrote more municipal bond issues than any other firm in the country.
  • We're a top five senior-managing underwriter in these states: Alabama, Arkansas, Connecticut, Florida, Georgia, Louisiana, Maine, Mississippi, New Hampshire, Rhode Island, Tennessee, Texas, Virginia and West Virginia, as well as,
  • A top 10 senior-managing underwriter in key sectors, including airports, higher education, housing, public power, schools, and water/sewer/gas.

EXTENSIVE DISTRIBUTION CAPABILITIES
We provide a national fixed income distribution network with both retail and institutional sales offices throughout the United States, Canada and Europe. For a closer look at our comprehensive distribution, please click on the map to the right.

At the heart of Raymond James' unsurpassed distribution capabilities are more than 200 experienced institutional sales people servicing over 3,400 institutional accounts. These professionals are extremely fluent with taxable and tax-exempt municipal bonds and have expertise with all types of bond structures and credits under all market conditions. In addition, our trading and underwriting professionals on our seven municipal desks average more than 20 years in the business.

Our investor coverage includes:

  • Retail
    With approximately 6,300 financial advisors in 2,600 locations serving in excess of 2.6 million client accounts in the U.S. and abroad, we have one of the largest retail distribution networks in the country by number of locations and registered representatives.
  • Institutional
    Our institutional fixed income sales and trading force of more than 350 professionals is among the 10 largest in the nation, and has well-established relationships with the major institutional investors and bond funds.
  • Middle Market
    Our sales and trading force covers many smaller and regional investors often overlooked by other firms. Access to these second-tier institutional investors allows us to maximize the distribution and pricing efficiency of bonds. We cover the entire spectrum of retail investors, not only high-net-worth individuals, to allow for increased retail participation.

Rankings compiled by Thomson Reuters