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RAYMOND JAMES FINANCIAL INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and RAYMOND JAMES FINANCIAL INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

15Ballot items
694Asset managers
10,191Fund votes
2025-02-20Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore RAYMOND JAMES FINANCIAL INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by RAYMOND JAMES FINANCIAL INC.

These tallies are RAYMOND JAMES FINANCIAL INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

RAYMOND JAMES FINANCIAL INC. — official shareholder meeting results, meeting held 2025-02-20
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Debel, Marlene	167,083,319	382,496	234,171	--	--	Majority: yes
Elect Director: Edwards, Jeffrey N.	161,301,412	6,070,189	328,385	--	--	Majority: yes
Elect Director: Esty, Benjamin C.	159,724,331	7,613,930	361,725	--	--	Majority: yes
Elect Director: Garcia, Art A.	162,978,933	4,343,638	377,415	--	--	Majority: yes
Elect Director: Gates, Anne	163,091,562	4,378,981	229,443	--	--	Majority: yes
Elect Director: Johnson, Gordon L.	162,794,221	4,575,231	330,534	--	--	Majority: yes
Elect Director: McDaniel, Raymond W., Jr.	166,726,024	636,455	337,507	--	--	Majority: yes
Elect Director: McGeary, Roderick C.	165,086,220	2,257,728	356,038	--	--	Majority: yes
Elect Director: Mistarz, Cecily M.	167,106,439	341,729	251,818	--	--	Majority: yes
Elect Director: Reilly, Paul C.	163,500,034	4,048,359	151,593	--	--	Majority: yes
Elect Director: Seshadri, Raj	166,399,344	1,099,151	201,491	--	--	Majority: yes
Elect Director: Shoukry, Paul M.	165,739,441	1,765,526	195,019	--	--	Majority: yes
Proposal 2: Advisory vote on executive compensation.	149,425,883	17,719,175	554,928	--	--	Majority: yes
Proposal 3: To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm.	186,771,709	6,554,171	129,285	--	--	Majority: yes

Source: RAYMOND JAMES FINANCIAL INC., Form 8-K — read the filing on EDGAR.

How asset managers voted at the RAYMOND JAMES FINANCIAL INC. 2024-2025 meeting

Each item below shows how the 694 asset managers that disclosed a RAYMOND JAMES FINANCIAL INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Advisory vote to approve executive compensation.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 11 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%

FOR: 149,425,883AGAINST: 17,719,175

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Proposal 2: Advisory vote on executive compensation.”): 149,425,883 for, 17,719,175 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 73% for, 9% against (82% of the company cast a for/against vote).

The 679 asset managers below cast 85% of the shares they voted on this item FOR (142,840,682 for, 24,673,354 against).

FOR 85%AGAINST 15%

FOR: 142,840,682 (85.3%)AGAINST: 24,673,354 (14.7%)ABSTAIN: 11,010 (0.0%)NOT VOTED: 3,151 (0.0%)

Largest asset managers voting on “Advisory vote to approve executive compensation.” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	31,364,351	7,636,180	For
Fidelity	15,387,583	0	For
PRIMECAP MANAGEMENT CO/CA/	11,300,457	0	For
BlackRock	10,999,461	358	For
Wellington	0	9,495,952	Against
T. Rowe Price	7,505,345	175	For
State Street	6,948,353	0	For
Invesco	5,067,828	0	For
JPMorgan	4,827,841	0	For
GEODE CAPITAL MANAGEMENT, LLC	4,429,252	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	2,393,419	0	For
AGF MANAGEMENT LTD	2,380,628	0	For
Charles Schwab	2,165,829	0	For
EARNEST PARTNERS LLC	2,028,471	0	For
Northern Trust	1,878,522	0	For
PRIMECAP Odyssey Funds	1,819,415	0	For
Dimensional	1,765,484	0	For
MFS	1,680,259	0	For
Hartford	139,194	1,177,126	Against
MERCER GLOBAL ADVISORS INC /ADV	1,178,052	0	For
Jackson National	701,727	292,396	For
Putnam	963,391	0	For
Sterling Capital Management LLC	899,193	0	For
Nuveen	833,424	0	For
Legal & General Investment Management Ltd	0	799,970	Against

Showing the 25 largest of 679 asset managers. See all 679 in the interactive database.

2. TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 186,771,709AGAINST: 6,554,171

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Proposal 3: To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm.”): 186,771,709 for, 6,554,171 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 91% for, 3% against (94% of the company cast a for/against vote).

The 152 asset managers below cast 99.8% of the shares they voted on this item FOR (76,858,571 for, 109,595 against).

FOR 99.8%

FOR: 76,858,571 (99.9%)AGAINST: 109,595 (0.1%)ABSTAIN: 5,364 (0.0%)

Largest asset managers voting on “TO RATIFY THE APPOINTMENT OF KPMG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,592,901	0	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,450	35	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	252,791	0	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 152 asset managers. See all 152 in the interactive database.

3. ELECTION OF DIRECTORS: Anne Gates

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 163,091,562AGAINST: 4,378,981

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Gates, Anne”): 163,091,562 for, 4,378,981 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 80% for, 2% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 98% of the shares they voted on this item FOR (75,583,558 for, 1,377,972 against).

FOR 98%

FOR: 75,583,558 (98.2%)AGAINST: 1,377,972 (1.8%)ABSTAIN: 5,364 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Anne Gates” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,589,387	3,514	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,345	140	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	0	703,055	Against
Victory Capital	96,972	514,937	Against
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	249,972	2,819	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

4. ELECTION OF DIRECTORS: Art A. Garcia

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 162,978,933AGAINST: 4,343,638

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Garcia, Art A.”): 162,978,933 for, 4,343,638 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 80% for, 2% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 98% of the shares they voted on this item FOR (75,443,357 for, 1,518,173 against).

FOR 98%

FOR: 75,443,357 (98.0%)AGAINST: 1,518,173 (2.0%)ABSTAIN: 5,364 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Art A. Garcia” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,592,020	881	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,439	46	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	0	1,364,643	Against
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	987,388	6,735	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	263,717	21,100	For
Lincoln Financial	269,668	15,029	For
Baird	258,904	0	For
New York Life	252,791	0	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

5. ELECTION OF DIRECTORS: Benjamin C. Esty

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 159,724,331AGAINST: 7,613,930

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Esty, Benjamin C.”): 159,724,331 for, 7,613,930 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 78% for, 4% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.8% of the shares they voted on this item FOR (76,876,765 for, 85,244 against).

FOR 99.8%

FOR: 76,876,765 (99.9%)AGAINST: 85,244 (0.1%)ABSTAIN: 4,885 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Benjamin C. Esty” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,589,387	3,514	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,310	175	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	249,972	2,819	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

6. ELECTION OF DIRECTORS: Cecily M. Mistarz

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 4 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 167,106,439AGAINST: 341,729

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Mistarz, Cecily M.”): 167,106,439 for, 341,729 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 82% for, 0.2% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.9% of the shares they voted on this item FOR (76,956,188 for, 5,342 against).

FOR 99.9%

FOR: 76,956,188 (100.0%)AGAINST: 5,342 (0.0%)ABSTAIN: 5,364 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Cecily M. Mistarz” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Vote
Vanguard	37,860,893	For
Fidelity	8,928,527	For
BlackRock	5,592,901	For
T. Rowe Price	2,665,876	For
Invesco	2,445,258	For
State Street	1,981,485	For
PRIMECAP Odyssey Funds	1,819,415	For
MFS	1,680,259	For
Dimensional	1,364,643	For
Hartford	1,304,876	For
Charles Schwab	1,074,646	For
Jackson National	994,123	For
JPMorgan	864,888	For
TIAA	703,055	For
Victory Capital	611,909	For
STERLING CAPITAL FUNDS	516,407	For
Putnam	426,242	For
MASTER INVESTMENT PORTFOLIO	293,494	For
MassMutual	292,223	For
Prudential/PGIM	284,817	For
Lincoln Financial	284,697	For
Baird	258,904	For
New York Life	252,791	For
Virtus	245,625	For
Legg Mason	232,454	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

7. ELECTION OF DIRECTORS: Gordon L. Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 162,794,221AGAINST: 4,575,231

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Johnson, Gordon L.”): 162,794,221 for, 4,575,231 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 80% for, 2% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.9% of the shares they voted on this item FOR (76,927,307 for, 34,702 against).

FOR 99.9%

FOR: 76,927,307 (99.9%)AGAINST: 34,702 (0.0%)ABSTAIN: 4,885 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Gordon L. Johnson” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,592,020	881	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,404	81	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	252,791	0	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

8. ELECTION OF DIRECTORS: Jeffrey N. Edwards

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 4 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 161,301,412AGAINST: 6,070,189

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Edwards, Jeffrey N.”): 161,301,412 for, 6,070,189 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 79% for, 3% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.8% of the shares they voted on this item FOR (76,876,765 for, 85,244 against).

FOR 99.8%

FOR: 76,876,765 (99.9%)AGAINST: 85,244 (0.1%)ABSTAIN: 4,885 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Jeffrey N. Edwards” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,589,387	3,514	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,310	175	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	249,972	2,819	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

9. ELECTION OF DIRECTORS: Marlene Debel

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 3 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%

FOR: 167,083,319AGAINST: 382,496

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Debel, Marlene”): 167,083,319 for, 382,496 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 82% for, 0.2% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.9% of the shares they voted on this item FOR (76,955,149 for, 6,381 against).

FOR 99.9%

FOR: 76,955,149 (100.0%)AGAINST: 6,381 (0.0%)ABSTAIN: 5,364 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Marlene Debel” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,592,020	881	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,439	46	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	252,791	0	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

10. ELECTION OF DIRECTORS: Paul C. Reilly

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 163,500,034AGAINST: 4,048,359

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Reilly, Paul C.”): 163,500,034 for, 4,048,359 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 80% for, 2% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.8% of the shares they voted on this item FOR (76,850,186 for, 111,344 against).

FOR 99.8%

FOR: 76,850,186 (99.8%)AGAINST: 111,344 (0.1%)ABSTAIN: 5,364 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Paul C. Reilly” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,592,020	881	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,429	56	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	252,791	0	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

11. ELECTION OF DIRECTORS: Paul M. Shoukry

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 165,739,441AGAINST: 1,765,526

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Shoukry, Paul M.”): 165,739,441 for, 1,765,526 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 81% for, 0.9% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.9% of the shares they voted on this item FOR (76,956,178 for, 5,352 against).

FOR 99.9%

FOR: 76,956,178 (100.0%)AGAINST: 5,352 (0.0%)ABSTAIN: 5,364 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Paul M. Shoukry” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,592,901	0	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,475	10	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	252,791	0	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

12. ELECTION OF DIRECTORS: Raj Seshadri

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 3 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%

FOR: 166,399,344AGAINST: 1,099,151

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: Seshadri, Raj”): 166,399,344 for, 1,099,151 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 81% for, 0.6% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.9% of the shares they voted on this item FOR (76,955,094 for, 6,915 against).

FOR 99.9%

FOR: 76,955,094 (100.0%)AGAINST: 6,915 (0.0%)ABSTAIN: 4,885 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Raj Seshadri” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,592,020	881	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,439	46	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	252,791	0	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

13. ELECTION OF DIRECTORS: Raymond W. McDaniel, Jr.

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 5 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%

FOR: 166,726,024AGAINST: 636,455

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: McDaniel, Raymond W., Jr.”): 166,726,024 for, 636,455 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 81% for, 0.4% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.9% of the shares they voted on this item FOR (76,955,094 for, 6,915 against).

FOR 99.9%

FOR: 76,955,094 (100.0%)AGAINST: 6,915 (0.0%)ABSTAIN: 4,885 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Raymond W. McDaniel, Jr.” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,592,020	881	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,439	46	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	252,791	0	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

14. ELECTION OF DIRECTORS: Roderick C. McGeary

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-02-20.

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 165,086,220AGAINST: 2,257,728

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Elect Director: McGeary, Roderick C.”): 165,086,220 for, 2,257,728 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 81% for, 1% against (82% of the company cast a for/against vote).

The 150 asset managers below cast 99.9% of the shares they voted on this item FOR (76,904,550 for, 57,459 against).

FOR 99.9%

FOR: 76,904,550 (99.9%)AGAINST: 57,459 (0.1%)ABSTAIN: 4,885 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Roderick C. McGeary” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,860,893	0	For
Fidelity	8,928,527	0	For
BlackRock	5,589,387	3,514	For
T. Rowe Price	2,665,876	0	For
Invesco	2,445,258	0	For
State Street	1,981,345	140	For
PRIMECAP Odyssey Funds	1,819,415	0	For
MFS	1,680,259	0	For
Dimensional	1,364,643	0	For
Hartford	1,304,876	0	For
Charles Schwab	1,074,646	0	For
Jackson National	994,123	0	For
JPMorgan	864,888	0	For
TIAA	703,055	0	For
Victory Capital	611,909	0	For
STERLING CAPITAL FUNDS	516,407	0	For
Putnam	426,242	0	For
MASTER INVESTMENT PORTFOLIO	293,494	0	For
MassMutual	292,223	0	For
Prudential/PGIM	284,817	0	For
Lincoln Financial	284,697	0	For
Baird	258,904	0	For
New York Life	249,972	2,819	For
Virtus	245,625	0	For
Legg Mason	232,454	0	For

Showing the 25 largest of 150 asset managers. See all 150 in the interactive database.

15. Advisory vote to approve executive compensation.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-02-22 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

83% Majority: yes · of votes cast

FOR 83%AGAINST 17%

FOR: 144,487,236AGAINST: 28,714,545

RAYMOND JAMES FINANCIAL INC.’s own tally for this item (“Proposal 2: Advisory vote on executive compensation.”): 144,487,236 for, 28,714,545 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 204,582,573 outstanding shares: 71% for, 14% against (85% of the company cast a for/against vote).

The 4 asset managers below cast 55% of the shares they voted on this item FOR (1,150 for, 930 against).

FOR 55%AGAINST 45%

FOR: 1,150 (55.3%)AGAINST: 930 (44.7%)

Largest asset managers voting on “Advisory vote to approve executive compensation.” at RAYMOND JAMES FINANCIAL INC., 2024-2025
Asset manager	For	Against	Vote
COLDSTREAM CAPITAL MANAGEMENT INC	0	930	Against
Ipswich Investment Management Co., Inc.	775	0	For
Americana Partners, LLC	375	0	For
Echo45 Advisors LLC	0	0	--

Largest RAYMOND JAMES FINANCIAL INC. shareholders voting in 2024-2025

Ranked by the number of RAYMOND JAMES FINANCIAL INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 204,582,573 shares outstanding at the time of that meeting.

Top RAYMOND JAMES FINANCIAL INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	19.06%
2	Fidelity	7.52%
3	PRIMECAP MANAGEMENT CO/CA/	5.52%
4	BlackRock	5.38%
5	Wellington	4.64%
6	T. Rowe Price	3.67%
7	State Street	3.40%
8	Invesco	2.48%
9	JPMorgan	2.36%
10	GEODE CAPITAL MANAGEMENT, LLC	2.17%

Reported RAYMOND JAMES FINANCIAL INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

RAYMOND JAMES FINANCIAL INC. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	10.87%	13F
Thomas A. James, Chair Emeritus	9.45%	DEF14A
BlackRock	7.29%	13F
Wellington Management	4.86%	13F
PRIMECAP MANAGEMENT CO/CA/	4.75%	13G
State Street	4.08%	13F
FMR (Fidelity)	2.86%	13F
JPMorgan Chase	1.94%	13F
Invesco	1.42%	13F
Morgan Stanley	1.16%	13F

Percentages above are of 204,582,573 shares outstanding, as reported by RAYMOND JAMES FINANCIAL INC. on its Form 10-Q dated 2024-12-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from RAYMOND JAMES FINANCIAL INC.’s 10-Q dated 2024-12-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At RAYMOND JAMES FINANCIAL INC.'s shareholder meeting held 2025-02-20, in the 2024-2025 proxy season, 694 asset managers reported how they voted on 15 ballot items in their SEC Form N-PX filings, covering 10,191 separate fund positions. On the most widely held item on that ballot — Advisory vote to approve executive compensation. — FOR was 89% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: RAYMOND JAMES FINANCIAL INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

RAYMOND JAMES FINANCIAL INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.