Raymond James Wealth Management Ltd — Director's Dealing 2012

Jan 25, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYMOND JAMES FINANCIAL INC (RJF)
CIK: 0000720005
Period of Report: 2012-01-24

Reporting Person: TROCIN JEFFREY E (Executive Vice President - RJF)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-24	Common Stock	M	15000.0000	$24.9733	Acquired	125456.0000	Direct
2012-01-24	Common Stock	F	10825.0000	$34.6000	Disposed	114631.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-24	Employee Stock Option (right to buy)	$24.9733	M	15000.0000	Disposed	2012-02-01	Common Stock (15000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4247.0000	Indirect
Common Stock	14514.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$25.2800	2016-01-24	Common Stock (25000.0000)	25000.0000	Direct
Employee Stock Option (right to buy)	$30.4400	2014-01-27	Common Stock (15000.0000)	15000.0000	Direct
Restricted Stock Units	$	2013-12-15	Common Stock (6894.0000)	6894.0000	Direct
Restricted Stock Units	$	2014-12-15	Common Stock (7562.0000)	7562.0000	Direct

Footnotes

F1: Includes number of shares acquired under ESOP through January 24, 2012.

F2: Options becoming exercisable - 15,000 on 11/24/2012, 2,090 on 11/24/2013, 3,955 on 11/24/2014, 3,955 on 01/24/2015

F3: Options currently exercisable - 9,405; options becoming exercisable - 2,595 on 1/27/2012 and 3,000 on 1/27/2013

F4: Each restricted stock unit represents a contingent right to receive one share of RJF common stock upon vesting.