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In September 2011, the Financial Industry Regulatory Authority ordered Raymond James & Associates, Inc. and Raymond James Financial Services, Inc. to pay restitution of $1.69 million to 15,500 of their clients for charging excessive commissions on more than 27,000 securities transactions. The trades were made in client accounts between 2006 and ...
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chairman of Raymond James Financial for 30 years. Spouse. Mary James. Children. 2. Parent. Robert James. Thomas James (born 1942 – 1943) is an American billionaire businessman, the chairman of Raymond James Financial, founded by his father Robert James, for 40 years. As of March 2022, his net worth was estimated at US$2.3 billion.
James founded Raymond James Financial in St. Petersburg, Florida in 1962, as Robert A. James Investments. [1][2][3] In 1964, Raymond and Associates merged into Robert A. James Investments to form Raymond James & Associates. [2] In 1970, he stepped down as CEO, and his son, Thomas James took over.
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