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  <title>rjf-20211020</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF80L2ZyYWc6ODNjN2Y5MzgzMGNmNDJjNjkyOGIxY2Y3N2EwMTY0M2MvdGFibGU6Y2FmMWQ3MTMyZDlkNDVjZmE3YmVlOTJlNmJlMzMwZmEvdGFibGVyYW5nZTpjYWYxZDcxMzJkOWQ0NWNmYTdiZWU5MmU2YmUzMzBmYV8wLTEtMS0xLTU4MDYz_b30ce21a-dac4-46ef-b8b1-cc2640ab5945">0000720005</ix:nonNumeric><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:AmendmentFlag" 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style="min-height:42.75pt;width:100%"><div><span><br/></span></div></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Washington, D.C.&#160; 20549</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">FORM <ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGV4dHJlZ2lvbjphY2YxODY4MWZjYjA0ZWY4YTdlNDhhYWU2ZmE1Y2ZlN18xNTc4_e4eefd51-b5c4-444c-bfe2-ef852dedbe68">8-K</ix:nonNumeric> </span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">CURRENT REPORT</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" format="ixt:date-monthname-day-year-en" name="dei:DocumentPeriodEndDate" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGV4dHJlZ2lvbjphY2YxODY4MWZjYjA0ZWY4YTdlNDhhYWU2ZmE1Y2ZlN18xNzk_92390a07-67da-4d0c-b048-5cf17e369f97">October 20, 2021</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Date of Report (date of earliest event reported)</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGV4dHJlZ2lvbjphY2YxODY4MWZjYjA0ZWY4YTdlNDhhYWU2ZmE1Y2ZlN18xNTc5_9a2c2932-3f15-4013-8f6d-909e65d72b31">RAYMOND JAMES FINANCIAL, INC.</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:144%">(Exact name of registrant as specified in its charter)</span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.561%"><tr><td style="width:1.0%"></td><td style="width:36.491%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.612%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.472%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:31.645%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.280%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MTU1MjY3NmUwZTM1NDI4NGE0M2E0NDc1ZWIwYzM5MzUvdGFibGVyYW5nZToxNTUyNjc2ZTBlMzU0Mjg0YTQzYTQ0NzVlYjBjMzkzNV8wLTAtMS0xLTU4MDYz_31b8a5b6-7cc0-48fe-bdc8-cc3647084d83">Florida</ix:nonNumeric></span></div></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:2.25pt;padding-right:2.25pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:EntityFileNumber" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MTU1MjY3NmUwZTM1NDI4NGE0M2E0NDc1ZWIwYzM5MzUvdGFibGVyYW5nZToxNTUyNjc2ZTBlMzU0Mjg0YTQzYTQ0NzVlYjBjMzkzNV8wLTEtMS0xLTU4MDYz_4fd34ac9-8d50-4382-a0ee-fc5b67fbefee">1-9109</ix:nonNumeric></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:2.25pt;padding-right:2.25pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MTU1MjY3NmUwZTM1NDI4NGE0M2E0NDc1ZWIwYzM5MzUvdGFibGVyYW5nZToxNTUyNjc2ZTBlMzU0Mjg0YTQzYTQ0NzVlYjBjMzkzNV8wLTMtMS0xLTU4MDYz_b94a6c5c-7d93-4f3e-974a-babbc96e333a">59-1517485</ix:nonNumeric></span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(State or other jurisdiction of incorporation)</span></div></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Commission File Number)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(I.R.S. Employer Identification No.)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:6pt"><td colspan="6" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MTU1MjY3NmUwZTM1NDI4NGE0M2E0NDc1ZWIwYzM5MzUvdGFibGVyYW5nZToxNTUyNjc2ZTBlMzU0Mjg0YTQzYTQ0NzVlYjBjMzkzNV8zLTAtMS0xLTU4MDYz_0f4e5b36-2ad2-451d-a078-a93f23d19deb">880 Carillon Parkway</ix:nonNumeric></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MTU1MjY3NmUwZTM1NDI4NGE0M2E0NDc1ZWIwYzM5MzUvdGFibGVyYW5nZToxNTUyNjc2ZTBlMzU0Mjg0YTQzYTQ0NzVlYjBjMzkzNV8zLTEtMS0xLTU4MDYz_97b50321-7c5e-4672-937a-a27467654d4b">St. Petersburg</ix:nonNumeric></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MTU1MjY3NmUwZTM1NDI4NGE0M2E0NDc1ZWIwYzM5MzUvdGFibGVyYW5nZToxNTUyNjc2ZTBlMzU0Mjg0YTQzYTQ0NzVlYjBjMzkzNV8zLTItMS0xLTU4MDYz_7669fbd9-d22b-4d9b-80e4-11fa4a8612ac">Florida</ix:nonNumeric></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MTU1MjY3NmUwZTM1NDI4NGE0M2E0NDc1ZWIwYzM5MzUvdGFibGVyYW5nZToxNTUyNjc2ZTBlMzU0Mjg0YTQzYTQ0NzVlYjBjMzkzNV8zLTMtMS0xLTU4MDYz_291b97c3-af5b-4d21-a1da-29962629d541">33716</ix:nonNumeric></span></div></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Address of principal executive offices)</span></div></td><td colspan="6" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Zip Code)</span></div></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(<ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGV4dHJlZ2lvbjphY2YxODY4MWZjYjA0ZWY4YTdlNDhhYWU2ZmE1Y2ZlN18xNTgy_b7f53d73-5eea-41ae-92f1-8906c547494a">727</ix:nonNumeric>) <ix:nonNumeric 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Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Former name or former address, if changed since last report)</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" format="ixt:fixed-true" name="dei:WrittenCommunications" 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id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGV4dHJlZ2lvbjphY2YxODY4MWZjYjA0ZWY4YTdlNDhhYWU2ZmE1Y2ZlN18xNTg1_6f61ce1f-bfeb-418d-bf1b-1e9a03021936">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Securities registered pursuant to Section 12(b) of the Exchange Act:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:38.081%"></td><td 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registered</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:Security12bTitle" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MWE4NTFkMjgwOGFlNDM5YzllM2RlNjU1NjQ5MzU3OTQvdGFibGVyYW5nZToxYTg1MWQyODA4YWU0MzljOWUzZGU2NTU2NDkzNTc5NF8xLTAtMS0xLTU4MDYz_4a6b13cc-2a7f-430b-90c5-52916f3355ac">Common Stock, $.01 par value</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" name="dei:TradingSymbol" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MWE4NTFkMjgwOGFlNDM5YzllM2RlNjU1NjQ5MzU3OTQvdGFibGVyYW5nZToxYTg1MWQyODA4YWU0MzljOWUzZGU2NTU2NDkzNTc5NF8xLTEtMS0xLTU4MDYz_ac9dc6c4-fff6-415e-8b5c-b69b6095efd7">RJF</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGFibGU6MWE4NTFkMjgwOGFlNDM5YzllM2RlNjU1NjQ5MzU3OTQvdGFibGVyYW5nZToxYTg1MWQyODA4YWU0MzljOWUzZGU2NTU2NDkzNTc5NF8xLTItMS0xLTU4MDYz_5aefc1a0-6af1-42f1-a197-9c33c4ea0327">New York Stock Exchange</ix:nonNumeric></span></td></tr></table></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17&#160;CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2).  </span></div><div><span><br/></span></div><div style="text-align:right"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Emerging growth company</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">  </span><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><ix:nonNumeric contextRef="ib921ce1de88f457e828ed99f406c7b64_D20211020-20211020" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany" id="id3VybDovL2RvY3MudjEvZG9jOjZkNjdmM2I0ZjcwOTQxMTNhNGNkNjg1ZjM3ZDBjMDlkL3NlYzo2ZDY3ZjNiNGY3MDk0MTEzYTRjZDY4NWYzN2QwYzA5ZF8xL2ZyYWc6YWNmMTg2ODFmY2IwNGVmOGE3ZTQ4YWFlNmZhNWNmZTcvdGV4dHJlZ2lvbjphY2YxODY4MWZjYjA0ZWY4YTdlNDhhYWU2ZmE1Y2ZlN18xNTg2_743f0464-7f23-45a1-9598-f3f490aec106">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </span></div><div style="text-align:right"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#9744;</span></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><div id="i6d67f3b4f7094113a4cd685f37d0c09d_7"></div><hr style="page-break-after:always"/><div style="min-height:27pt;width:100%"><div><span><br/></span></div></div><div style="padding-left:45pt;text-indent:-45pt"><span><br/></span></div><div style="-sec-extract:summary;padding-left:45pt;text-align:justify;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Item 8.01  Other Events</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">On October 20, 2021, Raymond James Financial, Inc. (NYSE: RJF), a Florida corporation (the &#8220;Company&#8221;), and TriState Capital Holdings, Inc. (NASDAQ: TSC), a Pennsylvania corporation (&#8220;TriState Capital&#8221;), issued a joint press release announcing that they had entered into a definitive agreement under which the Company will acquire TriState Capital in a combination cash and stock transaction. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In addition, the Company and TriState Capital provided supplemental information regarding the proposed transaction in connection with presentations to analysts and investors. A copy of the investor presentation is attached to this Current Report on Form 8-K as Exhibit 99.2 and is incorporated herein by reference.</span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Item 9.01 Financial Statements and Exhibits</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">(d) Exhibits.  The following are filed as exhibits to this report:</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:10.582%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:87.218%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Exhibit No.</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Description</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.1</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%;text-decoration:underline" href="ex991_rjf20211020relannoun.htm">Joint Press Release, dated October 20, 2021, issued by Raymond James Financial, Inc. and TriState Capital Holdings, Inc.</a></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.2</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%;text-decoration:underline" href="rjftscinvestorpresentati.htm">Investor Presentation of Raymond James Financial, Inc. and TriState Capital Holdings, Inc., dated October 20, 2021</a></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Cover Page Interactive Data File (embedded within the Inline XBRL document).</span></div></td></tr></table></div><div><span><br/></span></div><div><span><br/></span></div><div style="padding-left:45pt;text-align:justify;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Forward-Looking Statements</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Statements included in this communication, which are not historical in nature are intended to be, and are hereby identified as, forward-looking statements for purposes of the safe harbor provided by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements about the benefits of the proposed acquisition of TriState Capital Holdings by Raymond James Financial, including future financial and operating results (including the anticipated effect of the transaction on Raymond James Financial&#8217;s and TriState Capital Holdings&#8217; respective earnings), statements related to the expected timing of the completion of the transaction, Raymond James Financial&#8217;s plans post-transaction, objectives, expectations and intentions, and other statements that are not historical facts. Forward-looking statements may be identified by terminology such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;scheduled,&#8221; &#8220;plans,&#8221; &#8220;intends,&#8221; &#8220;anticipates,&#8221; &#8220;expects,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;potential,&#8221; or &#8220;continue&#8221; or negatives of such terms or other comparable terminology. All forward-looking statements are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of Raymond James Financial or TriState Capital Holdings to differ materially from any results expressed or implied by such forward-looking statements. Such factors include, among others: (1) the risk that the cost savings and any revenue synergies from the transaction may not be fully realized or may take longer than anticipated to be realized; (2) disruption to the parties&#8217; businesses as a result of the announcement and pendency of the transaction; (3) the occurrence of any event, change or other circumstances that could give rise to the termination of the transaction agreement; (4) the risk that the integration of each party&#8217;s operations will be materially delayed or will be more costly or difficult than expected or that the parties are otherwise unable to successfully integrate each party&#8217;s businesses into the other&#8217;s businesses; (5) the failure to obtain the necessary approvals by the shareholders of TriState Capital Holdings; (6) the amount of the costs, fees, expenses and charges related to the transaction; (7) the ability by each of Raymond James Financial and TriState Capital Holdings to obtain required governmental approvals of the transaction (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction); (8) reputational risk and the reaction of each company's customers, suppliers, employees or other business partners to the transaction; (9) the failure of the closing conditions in the transaction agreement to be satisfied, or any unexpected delay in closing the transaction; (10) the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (11) the dilution caused by Raymond James Financial&#8217;s issuance of additional shares of its common stock in the transaction; (12) general competitive, economic, political and market conditions, and (13) other factors that may affect future results of TriState Capital Holdings and Raymond James Financial including changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; customer borrowing, repayment, investment and deposit practices; the impact, extent and timing of technological changes; capital </span></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:27pt;width:100%"><div><span><br/></span></div></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">management activities; and other actions of the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation and legislative and regulatory actions and reforms. Additional factors which could affect future results of Raymond James Financial and TriState Capital Holdings can be found in Raymond James Financial&#8217;s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, and TriState Capital Holdings&#8217; Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC&#8217;s website at http://www.sec.gov. Raymond James Financial and TriState Capital Holdings disclaim any obligation and do not intend to update or revise any forward-looking statements contained in this communication, which speak only as of the date hereof, whether as a result of new information, future events or otherwise, except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="padding-left:45pt;text-align:justify;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Important Information About the Transaction and Where to Find It</span></div><div style="padding-left:45pt;text-align:justify;text-indent:-45pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Raymond James Financial intends to file a registration statement on Form S-4 with the SEC to register the shares of Raymond James Financial&#8217;s common stock and preferred stock that will be issued to TriState Capital Holdings&#8217; shareholders in connection with the transaction. The registration statement will include a proxy statement of TriState Capital Holdings that also constitutes a prospectus of Raymond James Financial. The definitive proxy statement/prospectus will be sent to the shareholders of TriState Capital Holdings in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE (AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION OR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT/PROSPECTUS) BECAUSE SUCH DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION REGARDING THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by Raymond James Financial or TriState Capital Holdings through the website maintained by the SEC at http://www.sec.gov or by contacting the investor relations department of Raymond James Financial or TriState Capital Holdings at</span><span style="background-color:#ffffff;color:#5b5e5a;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">:</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:1pt solid #000;border-left:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Raymond James Financial</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">880 Carillon Parkway</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Saint Petersburg, FL 33716</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Attention: Investor Relations </span></div></td><td colspan="3" style="border-bottom:1pt solid #000;border-left:1pt solid #000;border-right:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">TriState Capital Holdings</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">301 Grant Street, Suite 2700</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Pittsburgh, PA 15219 </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Attention: Investor Relations </span></div></td></tr></table></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Before making any voting or investment decision, investors and security holders of Raymond James Financial and TriState Capital Holdings are urged to read carefully the entire registration statement and proxy statement/prospectus when they become available, including any amendments thereto, because they will contain important information about the proposed transaction. Free copies of these documents may be obtained as described above.</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="padding-left:45pt;text-align:justify;text-indent:-45pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%">Participants in the Solicitation</span></div><div style="padding-left:45pt;text-align:justify;text-indent:-45pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Raymond James Financial, TriState Capital Holdings, and certain of their respective directors and executive officers may be deemed participants in the solicitation of proxies in respect of the proposed transaction. Information about the directors and executive officers of Raymond James Financial can be found in Raymond James Financial&#8217;s definitive proxy statement in connection with its 2021 annual meeting of shareholders, as filed with the SEC on January 8, 2021, and other documents subsequently filed by Raymond James Financial with the SEC. Information about the directors and executive officers of TriState Capital Holdings can be found in TriState Capital Holdings&#8217; definitive proxy statement in connection with its 2021 annual meeting of shareholders, as filed with the SEC on April 7, 2021, and other documents subsequently filed by TriState Capital Holdings with the SEC. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the transaction when they become available.</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="padding-left:45pt;text-align:justify;text-indent:-45pt"><span><br/></span></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:27pt;width:100%"><div><span><br/></span></div></div><div><span><br/></span></div><div><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:144%">SIGNATURES</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:144%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></div><div><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.221%"><tr><td style="width:1.0%"></td><td style="width:49.135%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.708%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:42.857%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:1pt solid #00000a;padding:0 1pt"></td><td colspan="6" style="border-top:1pt solid #00000a;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:2.25pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">RAYMOND JAMES FINANCIAL, INC.</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:2.25pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Date: October 20, 2021</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:2.25pt;padding-right:2.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:2.25pt;padding-right:2.25pt;text-indent:6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">/s/ Paul M. Shoukry</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:2.25pt;padding-right:2.25pt;text-indent:6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Paul M. Shoukry</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:2.25pt;padding-right:2.25pt;text-indent:6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Chief Financial Officer and Treasurer</span></div></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div></body></html>
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text: rjf-20211020
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C.  20549
  FORM
  8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  October 20, 2021
  Date of Report (date of earliest event reported)
  RAYMOND JAMES FINANCIAL, INC.
  (Exact name of registrant as specified in its charter)
  Florida
  1-9109
  59-1517485
  (State or other jurisdiction of incorporation)
  (Commission File Number)
  (I.R.S. Employer Identification No.)
  880 Carillon Parkway
  St. Petersburg
  Florida
  33716
  (Address of principal executive offices)
  (Zip Code)
  (
  727
  )
  567-1000
  (Registrant's telephone number, including area code)
  None
  (Former name or former address, if changed since last report)
  Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
  ☑
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  ☐
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  ☐
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  ☐
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Securities registered pursuant to Section 12(b) of the Exchange Act:
  Title of each class
  Trading Symbol(s)
  Name of each exchange on which registered
  Common Stock, $.01 par value
  RJF
  New York Stock Exchange
  Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17 CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2).
  Emerging growth company
  ☐
  If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
  ☐
  Item 8.01  Other Events
  On October 20, 2021, Raymond James Financial, Inc. (NYSE: RJF), a Florida corporation (the "Company"), and TriState Capital Holdings, Inc. (NASDAQ: TSC), a Pennsylvania corporation ("TriState Capital"), issued a joint press release announcing that they had entered into a definitive agreement under which the Company will acquire TriState Capital in a combination cash and stock transaction. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
  In addition, the Company and TriState Capital provided supplemental information regarding the proposed transaction in connection with presentations to analysts and investors. A copy of the investor presentation is attached to this Current Report on Form 8-K as Exhibit 99.2 and is incorporated herein by reference.
  Item 9.01 Financial Statements and Exhibits
  (d) Exhibits.  The following are filed as exhibits to this report:
  Exhibit No.
  Description
  99.1
  Joint Press Release, dated October 20, 2021, issued by Raymond James Financial, Inc. and TriState Capital Holdings, Inc.
  99.2
  Investor Presentation of Raymond James Financial, Inc. and TriState Capital Holdings, Inc., dated October 20, 2021
  104
  Cover Page Interactive Data File (embedded within the Inline XBRL document).
  Forward-Looking Statements
  Statements included in this communication, which are not historical in nature are intended to be, and are hereby identified as, forward-looking statements for purposes of the safe harbor provided by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements about the benefits of the proposed acquisition of TriState Capital Holdings by Raymond James Financial, including future financial and operating results (including the anticipated effect of the transaction on Raymond James Financial's and TriState Capital Holdings' respective earnings), statements related to the expected timing of the completion of the transaction, Raymond James Financial's plans post-transaction, objectives, expectations and intentions, and other statements that are not historical facts. Forward-looking statements may be identified by terminology such as "may," "will," "should," "scheduled," "plans," "intends," "anticipates," "expects," "believes," "estimates," "potential," or "continue" or negatives of such terms or other comparable terminology. All forward-looking statements are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of Raymond James Financial or TriState Capital Holdings to differ materially from any results expressed or implied by such forward-looking statements. Such factors include, among others: (1) the risk that the cost savings and any revenue synergies from the transaction may not be fully realized or may take longer than anticipated to be realized; (2) disruption to the parties' businesses as a result of the announcement and pendency of the transaction; (3) the occurrence of any event, change or other circumstances that could give rise to the termination of the transaction agreement; (4) the risk that the integration of each party's operations will be materially delayed or will be more costly or difficult than expected or that the parties are otherwise unable to successfully integrate each party's businesses into the other's businesses; (5) the failure to obtain the necessary approvals by the shareholders of TriState Capital Holdings; (6) the amount of the costs, fees, expenses and charges related to the transaction; (7) the ability by each of Raymond James Financial and TriState Capital Holdings to obtain required governmental approvals of the transaction (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction); (8) reputational risk and the reaction of each company's customers, suppliers, employees or other business partners to the transaction; (9) the failure of the closing conditions in the transaction agreement to be satisfied, or any unexpected delay in closing the transaction; (10) the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (11) the dilution caused by Raymond James Financial's issuance of additional shares of its common stock in the transaction; (12) general competitive, economic, political and market conditions, and (13) other factors that may affect future results of TriState Capital Holdings and Raymond James Financial including changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; customer borrowing, repayment, investment and deposit practices; the impact, extent and timing of technological changes; capital
  management activities; and other actions of the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation and legislative and regulatory actions and reforms. Additional factors which could affect future results of Raymond James Financial and TriState Capital Holdings can be found in Raymond James Financial's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, and TriState Capital Holdings' Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC's website at http://www.sec.gov. Raymond James Financial and TriState Capital Holdings disclaim any obligation and do not intend to update or revise any forward-looking statements contained in this communication, which speak only as of the date hereof, whether as a result of new information, future events or otherwise, except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.
  Important Information About the Transaction and Where to Find It
  Raymond James Financial intends to file a registration statement on Form S-4 with the SEC to register the shares of Raymond James Financial's common stock and preferred stock that will be issued to TriState Capital Holdings' shareholders in connection with the transaction. The registration statement will include a proxy statement of TriState Capital Holdings that also constitutes a prospectus of Raymond James Financial. The definitive proxy statement/prospectus will be sent to the shareholders of TriState Capital Holdings in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE (AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION OR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT/PROSPECTUS) BECAUSE SUCH DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION REGARDING THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by Raymond James Financial or TriState Capital Holdings through the website maintained by the SEC at http://www.sec.gov or by contacting the investor relations department of Raymond James Financial or TriState Capital Holdings at
  :
  Raymond James Financial
  880 Carillon Parkway
  Saint Petersburg, FL 33716
  Attention: Investor Relations
  TriState Capital Holdings
  301 Grant Street, Suite 2700
  Pittsburgh, PA 15219
  Attention: Investor Relations
  Before making any voting or investment decision, investors and security holders of Raymond James Financial and TriState Capital Holdings are urged to read carefully the entire registration statement and proxy statement/prospectus when they become available, including any amendments thereto, because they will contain important information about the proposed transaction. Free copies of these documents may be obtained as described above.
  Participants in the Solicitation
  Raymond James Financial, TriState Capital Holdings, and certain of their respective directors and executive officers may be deemed participants in the solicitation of proxies in respect of the proposed transaction. Information about the directors and executive officers of Raymond James Financial can be found in Raymond James Financial's definitive proxy statement in connection with its 2021 annual meeting of shareholders, as filed with the SEC on January 8, 2021, and other documents subsequently filed by Raymond James Financial with the SEC. Information about the directors and executive officers of TriState Capital Holdings can be found in TriState Capital Holdings' definitive proxy statement in connection with its 2021 annual meeting of shareholders, as filed with the SEC on April 7, 2021, and other documents subsequently filed by TriState Capital Holdings with the SEC. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the transaction when they become available.
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
  RAYMOND JAMES FINANCIAL, INC.
  Date: October 20, 2021
  By:
  /s/ Paul M. Shoukry
  Paul M. Shoukry
  Chief Financial Officer and Treasurer