RAYMOND JAMES FINANCIAL INC
8-K, 1995-03-29
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
Previous: WILLIAMS SONOMA INC, PRE 14A, 1995-03-29
Next: TERRA INDUSTRIES INC, DEF 14A, 1995-03-29



                              
                              
                              
                              
                              
                              
             SECURITIES AND EXCHANGE COMMISSION
                              
                   Washington, D.C. 20549
                              
                          FORM 8-K
                              
                       CURRENT REPORT
           PURSUANT TO SECTION 13 OR 15(D) OF THE
               SECURITIES EXCHANGE ACT OF 1934
                              
             Date of Report:  February 28, 1995
                              
                              
                RAYMOND JAMES FINANCIAL, INC.
   (Exact name of registrant as specified in its charter)
                              
                              
                              
     FLORIDA                 1-9109              59-1517485
(State of incorporation)   (Commission   (IRS Employer Identification
                           File Number)            Number)



880 Carillon Parkway, St. Petersburg, Florida       33716
(Address of principal executive offices)         (Zip Code)



Registrant's telephone number, including area code  (813) 573-3800


Item 5.  Other Events


     On March 2, 1995, Raymond James Financial, Inc.,
("RJF") announced that it has finalized a $50 million
revolving line of credit with NationsBank.  The agreement
was signed on February 28, 1995.  See attached press release
dated March 2, 1995.

     On March 9, 1995, RJF announced the appointment of
Kenneth W. Corba as the chief investment officer and growth
equity portfolio manager for its Eagle Asset Management
subsidiary.  See attached press release dated March 9, 1995.

     On March 17, 1995, RJF announced the appointment of
Bert Boksen as the small cap equities portfolio manager for
its Eagle Asset Management subsidiary.  See attached press
release dated March 17, 1995.

                         Signatures
                              
                              
                              
                              
                              
     Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned thereunto duly
authorized.




                               RAYMOND JAMES FINANCIAL, INC.

                                        (Registrant)




Date:  March 21, 1995
                              _______________________________

                                    Jeffrey P. Julien
                                Vice President - Finance
                              and Chief Financial Officer


Release No. 395-1
FOR IMMEDIATE RELEASE
March 2, 1995

RAYMOND JAMES FINANCIAL
ANNOUNCES LINE OF CREDIT

     St. Petersburg, Fla. -- Raymond James Financial, Inc.
today announced that it has finalized a $50 million
revolving line of credit with NationsBank.

     "While there is no immediate need for capital,"
explained Thomas A. James, chairman and chief executive
officer, "our policy is to maintain substantial sources of
uncommitted funds to capitalize on emergent opportunities.

     "Over the last two years," he continued, "unallocated
funds at the holding company level have been reduced to
approximately $25 million due to treasury stock repurchases
as well as new investments in the Raymond James Bank, FSB;
the Raymond James Trust Services Group; our joint venture in
India, ASK-Raymond James Securities; our Raymond James
Mortgage Capital subsidiary; and Raymond James &
Associates."

     Raymond James Financial (NYSE-RJF) provides financial
services to individuals, corporations and municipalities
through its three wholly-owned investment firms, Raymond
James & Associates, Investment Management & Research and
Robert Thomas Securities, which have 2,300 Account
Executives in 800 locations throughout the United States and
Europe, as well as through its asset management subsidiaries
which currently manage in excess of $4.3 billion.


                    - 30 -

                                  For additional information, please contact
                                         Lawrence Silver, 813-573-3800
Release No. 395-6
FOR IMMEDIATE RELEASE
March 9, 1995

RAYMOND JAMES FINANCIAL
ANNOUNCES NEW CIO AT EAGLE ASSET MANAGEMENT

     St. Petersburg, Fla. -- Raymond James Financial, Inc.
today announced that its Eagle Asset Management, Inc.
subsidiary has appointed Kenneth W. Corba as its chief
investment officer and growth equity portfolio manager.

     The announcement was made by Thomas A. James, chairman
of Raymond James Financial, and Richard K. Riess, president
of Eagle Asset Management.

     Corba, who was formerly director of the Capital
Management Group of Stein Roe and Farnham in Chicago,
replaces Herbert E. Ehlers, who resigned in December to form
Liberty Investment Management, which will manage
institutional accounts.

     Joining Stein Roe in 1984, Corba became a principal of
the firm in 1987 and had the responsibility for the
management of $1.6 billion in equity securities for
institutional clients, including mutual funds.  He has also
served as portfolio manager of the Stein Roe Stock Fund and
the Stein Roe Young Investors' Fund.

     "We are extremely pleased to have Ken join us," James
and Riess said.  "He invests in companies which he believes
create wealth over a long period of time and he believes
that earnings growth ultimately drives the price of stocks,
a philosophy which we share."

     Corba emphasizes quality as a fundamental investment
characteristic, seeking out companies whose competitive
advantages can be maintained and exploited reliably over
time.

     Scheduled to join Eagle on a full-time basis in mid-
March, Corba earned his B.A. and M.B.A. degrees from the
University of Michigan.

     Raymond James Financial (NYSE - RJF) provides financial
services to individuals, corporations and municipalities
through its three wholly-owned investment firms, Raymond
James & Associates, Investment Management & Research and
Robert Thomas Securities, which have 2,300 Account
Executives in 800 locations throughout the United States and
Europe, as well as through its asset management subsidiaries
which currently manage in excess of $4.3 billion.



                       - 30 -

                                For additional information, please contact
                                        Lawrence Silver, 813-573-3800
Release No. 395-11
FOR IMMEDIATE RELEASE
March 17, 1995

RAYMOND JAMES FINANCIAL
ANNOUNCES NEW SMALL CAP MANAGER
AT EAGLE ASSET MANAGEMENT

     St. Petersburg, Fla. -- Raymond James Financial, Inc.
today announced that its Eagle Asset Management, Inc.
subsidiary has appointed Bert Boksen as its small cap
equities portfolio manager.

     The announcement was made by Thomas A. James, chairman
of Raymond James Financial, and Richard K. Riess, president
of Eagle Asset Management.

     Boksen, who joined Eagle's Raymond James & Associates
affiliate in 1979 as an equities analyst, has also served as
the firm's co-director of equities research and chief
investment officer.  He was most recently associated with
Raymond James' institutional sales group.

     Prior to joining Raymond James, Boksen was a general
analyst for Standard & Poor's in New York.

     "We are extremely pleased to have Bert join us," James
and Riess said.  "His investment expertise is well
respected."

     Boksen will offer his portfolio management services to
both individual and institutional accounts.

     He provides a fifth discipline as he joins Eagle's
portfolio managers:  Kenneth Corba, growth equity and chief
investment officer; Christian Bertelsen, value equity;
Joseph Blanton, fixed income; and Louis Kirschbaum, equity
income.

     Scheduled to join Eagle on a full-time basis in April,
Boksen earned his B.A. degree from City College of New York
in 1970 and his M.B.A. degree from St. John's University in
New York in 1977.

     Raymond James Financial (NYSE - RJF) provides financial
services to individuals, corporations and municipalities
through its three wholly-owned investment firms, Raymond
James & Associates, Investment Management & Research and
Robert Thomas Securities, which have 2,300 Account
Executives in 800 locations throughout the United States and
Europe, as well as through its asset management subsidiaries
which currently manage in excess of $4.3 billion.



                       - 30 -

                                  For additional information, please contact
                                          Lawrence Silver, 813-573-3800




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission