Press Release

March 16, 2010

TWELVE RAYMOND JAMES AFFILIATED ADVISORS NAMED
TO BANK INVESTMENT CONSULTANT’S TOP 50 LIST

ST. PETERSBURG, Fla. — Bank Investment Consultant magazine has announced the results of its 2009 ranking of the “Top 50 Bank Reps.” The prestigious list featured 12 advisors affiliated with Raymond James Financial Services (RJFS), the most of any firm. In addition, three advisors placed within the top five spots, with partners Don Foster & Steve Sherrod of The Bank and Trust in San Angelo, Texas, placing first on the list, and Troy Glawe of Countybanc in Greenwood, SC placing fifth.

The annual list ranks the top financial institution-based advisors by the ratio of advisors’ production to the deposits in the branch or branches they cover.

The 12 Raymond James-affiliated advisors are dual employees of RJFS and their financial institution per an agreement between the bank and the Financial Institutions Division of RJFS (RJFS-FID).

John Houston, Managing Director of RJFS-FID, stated “Being named to the 2009 Top 50 Bank Reps list is a great achievement. These advisors define what it means to be the best in the industry. I’d like to give special recognition to those who have been named to the list multiple times: Brock Kidd, Philip Moses, Peter McFarland, Bern Mahon, and Greg Scott have all placed in the past and were named to the 2009 list. Their success demonstrates the quality service provided by each of these advisors, their financial institution and Raymond James.”

Partners since 1984, Foster and Sherrod credit their success – especially during the market downturn – to prudent asset allocation, consistent communication with clients and managing client expectations.

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About Bank Investment Consultant

Bank Investment Consultant has been the choice for bank-based financial advisors since the early 1990s, and remains the industry leader in both readership and relevance. They cover a range of topics pertinent to financial advisors, helping readers to acquire quality clients, to understand increasingly complex products, and to run their practices more efficiently.

About the Financial Institutions Division of RJFS

The Financial Institutions Division (RJFS-FID) was created in 1987 to provide banks and credit unions with brokerage services as an alternative to traditional third-party investment providers and platform programs. RJFS-FID provides true, full-service securities brokerage to financial institutions seeking to compete with the national securities firms. In addition to a full complement of investment products and services, RJFS-FID has the ability to deliver investment banking, research, self-clearing capabilities and wealth management services. The division currently provides investment services to over 200 financial institutions across 42 states with total assets of more than $23 billion in 272,000 client accounts.

About Raymond James Financial Services

Raymond James Financial Services, Inc. is a national investment firm providing financial services to individuals, corporations and municipalities through more than 3,200 financial advisors in 2,000 offices throughout the United States. For more than 30 years, Raymond James Financial Services has provided a wide range of services through our affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), a financial services holding company which has more than 5,300 financial advisors serving 1.8 million accounts throughout the United States, Canada and overseas. In addition, total client assets are approximately $196 billion, of which approximately $29 billion are managed by the firm's asset management subsidiaries.

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For additional information, please contact Anthea Penrose at 727-567-2824.
Please visit the Raymond James Press Center at raymondjames.com/media