Raymond James Financial, Inc. (RJF)

Securities brokerage with a bank. Read October 19, 2026 from the annual report for the period ending September 30, 2025, filed November 25, 2025. Ranked 37 of the 51 Financial Services companies read so far, by the share within reach now.

19,500 associates, 3,878 of them employee financial advisors, read as securities brokerage and asset management with a small share at the bank; the 5,065 independent advisors are contractors, left out.

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 36% now, 61% at the end of 2027, 71% at the end of 2028, 73% at the end of 2030. By the patterns, the work is about 73% desk work, 23% people work and 4% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 26% of the working time stays with people (conversation, in-person and hands-on work), 63% becomes checking a model's work and 7% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

19,500 employees as of September 30, 2025 (stated). The filing says the vast majority of associates are in the U.S., across four countries in North America and Europe, and states no count by country; 92% of revenue is in the United States.

The filing: “As of September 30, 2025, we had approximately 19,500 associates (including 3,878 employee financial advisors) and 5,065 independent advisors.”

The workforce as industry patterns

What the filing says about the workforce: 3,878 employee financial advisors among 19,500 associates; 5,065 independent contractor advisors are outside the count (rule 8); 44% of associates self-identify as women.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Securities, Commodity Contracts, and Other Financial Investments and Related Activities, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.

• Morgan Stanley (MS, 83,000 employees)36% now, 71% by 2028
• State Street Corporation (STT, 52,000 employees)36% now, 71% by 2028
• Bank of New York Mellon Corp (BNY, 48,100 employees)36% now, 71% by 2028
• The Goldman Sachs Group, Inc. (GS, 47,400 employees)36% now, 71% by 2028
• S&P Global Inc. (SPGI, 44,500 employees)32% now, 70% by 2028
• The Charles Schwab Corporation (SCHW, 33,000 employees)36% now, 71% by 2028
• BlackRock, Inc. (BLK, 24,900 employees)35% now, 71% by 2028
• Northern Trust Corporation (NTRS, 23,800 employees)36% now, 71% by 2028

What the filing says about AI

10 sentences in the filing name AI. The filing names AI in ten sentences, in its regulatory discussion and risk factors: new state privacy and data protection laws on the development and deployment of artificial intelligence, the EU Artificial Intelligence Act's compliance dates, and the challenges these pose for firms using AI-related technologies.

• “Certain U.S. states have recently enacted privacy and data protection regulation related to the development and deployment of artificial intelligence ("AI").”
• “These laws intersect with existing privacy laws and present challenges for firms using AI-related technologies, particularly in cases where personal information is processed requiring notice disclosure and, in certain cases, consent for use of AI.”
• “Artificial Intelligence Act, which has tiered compliance dates, poses further challenges for organizations in managing transparency, fairness, and accountability for AI use.”
• “We also experience large volumes of phishing and other forms of social engineering (including through the use of AI) attempted for the purpose of perpetrating fraud against the firm, our associates, or our clients.”
• “We also face increased cybersecurity risk related to mobile and cloud solutions or related to new and emerging technologies such as AI.”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20211median 0
• Fiscal 20221median 0
• Fiscal 20231median 1
• Fiscal 20248median 4
• Fiscal 202510median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• The 5,065 independent advisors are contractors and are left out of the headcount under rule 8; the filing names them beside the 19,500 associates.
• The U.S. share is given only in words (the vast majority).

Source: the company's annual report on EDGAR, accession 0000720005-25-000093, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.