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    <submissionType>13F-HR</submissionType>
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      <periodOfReport>12-31-2024</periodOfReport>
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      <reportCalendarOrQuarter>12-31-2024</reportCalendarOrQuarter>
      <filingManager>
        <name>RAYMOND JAMES FINANCIAL INC</name>
        <address>
          <com:street1>880 CARILLON PKWY</com:street1>
          <com:city>ST. PETERSBURG</com:city>
          <com:stateOrCountry>FL</com:stateOrCountry>
          <com:zipCode>33716</com:zipCode>
        </address>
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      <reportType>13F HOLDINGS REPORT</reportType>
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      <secFileNumber>001-09109</secFileNumber>
      <provideInfoForInstruction5>Y</provideInfoForInstruction5>
      <additionalInformation>Starting with the quarter ending [December 31, 2024], the Reporting Person is filing Form 13F-HR to report the positions in Section 13(f) Securities over which its subsidiaries exercise investment discretion, and the subsidiaries that exercise investment discretion over $100 million in Section 13(f) Securities will file Form 13F-NT and identify the Reporting Person as the "Other Manager Reporting for this Manager."  Prior to this quarter, certain of the Reporting Person's subsidiaries had filed Form 13F-HR to report the positions in Section 13(f) Securities over which such subsidiary directly or indirectly exercised investment discretion, and certain other subsidiaries filed Form 13F-NT.</additionalInformation>
    </coverPage>
    <signatureBlock>
      <name>Rachel Jacobson</name>
      <title>Manager, Operations</title>
      <phone>7275673466</phone>
      <signature>Rachel Jacobson</signature>
      <city>ST. PETERSBURG</city>
      <stateOrCountry>FL</stateOrCountry>
      <signatureDate>02-06-2025</signatureDate>
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            <name>RAYMOND JAMES &amp; ASSOCIATES</name>
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            <name>Raymond James Financial Services Advisors, Inc.</name>
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            <name>SCOUT INVESTMENTS, INC.</name>
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            <name>ClariVest Asset Management LLC</name>
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            <name>RAYMOND JAMES TRUST N.A.</name>
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            <name>RAYMOND JAMES TRUST CO. OF NH</name>
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          <sequenceNumber>9</sequenceNumber>
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            <name>Alaska Permanent Fund Corp</name>
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            <name>CARILLON TOWER ADVISERS, INC.</name>
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            <name>PEAR TREE ADVISORS INC</name>
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