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                           December 20, 2021

       Jonathan Santelli, Esq.
       General Counsel and Corporate Secretary
       Raymond James Financial, Inc.
       880 Carillon Parkway
       St. Petersburg, Florida 33716

                                                        Re: Raymond James
Financial, Inc.
                                                            Registration
Statement on Form S-4
                                                            Filed December 14,
2021
                                                            File No. 333-261647

       Dear Mr. Santelli:

              This is to advise you that we have not reviewed and will not
review your registration
       statement.

               Please refer to Rules 460 and 461 regarding requests for
acceleration. We remind you
       that the company and its management are responsible for the accuracy and
adequacy of their
       disclosures, notwithstanding any review, comments, action or absence of
action by the staff.

                                                        Please contact John
Stickel at 202-551-3324 with any questions.




                           Sincerely,


                           Division of Corporation Finance

                           Office of Finance