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              Analyst Coverage

              Raymond James Financial, Inc. is covered by the following analysts:

              Autonomous Research
              Christian Bolu
              1325 Avenue of the Americas, Suite 2303
              New York, NY 10019

              The Buckingham Research Group
              James Mitchell
              750 Third Avenue
              New York, NY 10017

              Citi Research
              Citigroup Global Markets Inc.
              William R. Katz
              388 Greenwich Street, 28th Floor
              New York, NY 10013

              Compass Point
              Compass Point Research & Trading, LLC
              Chris Allen
              144 E 44th Street, 7th Floor
              New York, New York 10017

              Credit Suisse
              Craig W. Siegenthaler, CFA
              11 Madison Avenue, 4th Floor
              New York, NY 10014

              Goldman Sachs & Co.
              Alexander Blostein, CFA
              200 West Street, 22nd Floor
              New York, NY 10282

              JMP Securities
              Devin Ryan
              450 Park Avenue, Suite 1500
              New York, NY 10022

              Wells Fargo Securities, LLC
              Christopher Harris
              7 St Paul Street, 1st Floor
              Baltimore, MD 21202

              Wolfe Research
              Steven Chubak
              420 Lexington Ave; Suite 648
              New York, NY 10170


              Raymond James is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Raymond James' performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Raymond James or its management. Raymond James does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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