Raymond James Investment Management

Registered investment adviser · St. Petersburg, FL · CRD #174904

Form ADV data as of 2026-09-01

Regulatory assets

$16.86 billion

Total accounts

Employees

175

Disclosure events

Firm details

Website: https://www.carillontower.com
Telephone: 800-521-1195
SEC file number: 801-100356
Most recent Form ADV filing: 2026-05-26
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 6 disclosure questions answered Yes, covering 6 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

SEC or CFTC found a false statement or omission
SEC or CFTC found a violation of its regulations or statutes
SEC or CFTC entered an order in connection with investment-related activity
SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Another regulator found a violation of investment-related regulations or statutes
A self-regulatory organization found a violation of its rules

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$16.86 billion
Non-discretionary regulatory assets under management	$0
Total regulatory assets under management	$16.86 billion
Discretionary accounts	5
Non-discretionary accounts	0
Total accounts	5
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	175
Employees performing investment advisory functions (including research)	5
Employees who are registered representatives of a broker-dealer	80
Employees registered as investment adviser representatives with a state	11
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	3

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$362,387
Clients for whom the firm has custody	2
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
Client funds and securities held in a related person's custody	$0
Clients for whom a related person has custody	0
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	1

How the firm is compensated

A percentage of assets under managementPerformance-based fees

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehicles

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Registered municipal advisorBanking or thrift institutionTrust companyInsurance company or agencyPension consultantSponsor or syndicator of limited partnershipsSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Brokers or dealers selected under 8.C.(3) are related persons
Receives soft dollar benefits
Provides employee compensation specifically for obtaining clients

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	1	$294,291
High net worth individuals	1	$316,503
Investment companies	1	$16.86 billion
Pooled investment vehicles (other than investment companies and BDCs)	2	$362,387