Raymond James Financial, Inc. - providing a range of diversified financial services - has been serving clients in the United States, Canada, and Europe for over half a century. Its Private Client Group segment offers mutual funds, investment and portfolio management services, as well as insurance and annuity products. For third-party providers, the segment also provides sales and marketing support, distribution, accounting, administrative services, and margin loans. Furthermore, the company offers securities borrowing and lending, trade execution, research, and other support and services. Its Capital Markets segment provides equity and debt underwriting services and merger and acquisition advisory services, as well as fixed income and equity brokerage services. The Asset Management segment delivers asset and portfolio management services to retail and institutional clients, as well as related administrative services, such as record-keeping. Raymond James Bank, another segment of the company, deals in insured deposit accounts, commercial loans, securities-backed loans, and other loans. The Raymond James Bank also offers liquidity management products and services and loan syndication services. Additionally, the company operates a segment that engages in private equity investment. Raymond James Financial, Inc. was established in Florida in 1962 and is currently headquartered in St. Petersburg.