X0306 4 2017-09-15 0000720005 RAYMOND JAMES FINANCIAL INC RJF 0001541020 Dowdle Jeffrey A 880 CARILLON PARKWAY ST. PETERSBURG FL 33716 1 President, Asset Mgmt Group Common Stock 2017-09-15 5 G 0 128.0000 0.0000 D 44595.0000 D Common Stock 7878.0000 I ESOP Common Stock 1500.0000 I UTMA Custodian for Daughter EC Common Stock 1500.0000 I UTMA Custodian for Son GT Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through September 15, 2017. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. This Form 4 reports a gift of shares by the reporting person. /s/ Jeffrey A. Dowdle by Jonathan J. Doyle as Attorney-in-Fact 2017-09-18