REGULATIONS AND CAPITAL REQUIREMENTS (Tables)

9 Months Ended

Jun. 30, 2011

Regulatory Capital Requirements [Abstract]

Net capital and risk adjusted capital positions of certain businesses and subsidiaries

The net capital position of RJ&A are as follows:

	June 30, 2011			September 30, 2010
	($ in thousands)
Raymond James & Associates, Inc.:
(Alternative Method elected)
Net capital as a percent of aggregate debit items		23.92	%		17.37	%
Net capital	$	381,464		$	253,341
Less: required net capital		(31,896	)		(29,169	)
Excess net capital	$	349,568		$	224,172

The net capital position of RJFS are as follows:

	June 30, 2011			September 30, 2010
	(in thousands)
Raymond James Financial Services, Inc.:
(Alternative Method elected)
Net capital	$	14,137		$	14,540
Less: required net capital		(250	)		(250	)
Excess net capital	$	13,887		$	14,290

The risk adjusted capital of our Canadian broker-dealer subsidiary RJ Ltd. are as follows (in Canadian dollars):

	June 30, 2011			September 30, 2010
	(in thousands)
Raymond James Ltd.:
Risk adjusted capital before minimum	$	66,637		$	52,022
Less: required minimum capital		(250	)		(250	)
Risk adjusted capital	$	66,387		$	51,772

Summary of minimum requirements under regulatory framework

As of the most recent notification from its regulator, RJ Bank was categorized as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized,” RJ Bank must maintain minimum total risk-based, Tier I risk-based, and Tier I leverage ratios as set forth in the following table. There are no conditions or events since that notification that management believes have changed RJ Bank's categorization.

	Actual					Requirement for capital adequacy purposes					To be well capitalized under prompt corrective action provisions
	Amount		Ratio			Amount		Ratio			Amount		Ratio
	($ in thousands)
As of June 30, 2011:
Total capital (to risk-weighted assets)	$	988,740		13.7	%	$	576,965		8.0	%	$	721,206		10.0	%
Tier I capital (to risk-weighted assets)		897,955		12.5	%		288,482		4.0	%		432,724		6.0	%
Tier I capital (to adjusted assets)		897,955		11.3	%		317,229		4.0	%		396,537		5.0	%

As of September 30, 2010 :
Total capital (to risk-weighted assets)	$	985,961		13.0	%	$	608,096		8.0	%	$	760,120		10.0	%
Tier I capital (to risk-weighted assets)		890,442		11.7	%		304,048		4.0	%		456,072		6.0	%
Tier I capital (to adjusted assets)		890,442		8.2	%		434,193		4.0	%		542,741		5.0	%

- Definition

Tabular disclosure of computation of net capital under the SEC Regulations which may include a reconciliation (including appropriate explanations) if material differences exist between the computations made by the independent auditor based on the audited financial statements and the broker-dealer's original unaudited Part II or IIA filing, a statement that a reconciliation is not necessary if no material differences exist between the computations made by the independent auditor based on the audited financial statements and the broker-dealer's unaudited Part II or IIA filing, when different, total assets and total liabilities, as reported in the statement of financial condition, are reconciled to the total current assets and total liabilities, respectively, as reported in the statement of computation of minimum net capital. Disclosure may also include stockholder's equity, stockholders' equity not allowable for net capital, stockholders' equity qualified for net capital, subordinated borrowings allowable in computation of net capital, other deductions or allowable credits and total capital and allowable subordinated borrowings.

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- Definition

Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity.

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