Paul Reilly
| Paul C. Reilly | |
| Nationality | American |
|---|---|
| Occupation | Business executive |
| Known for | Former CEO of Raymond James Financial |
Paul C. Reilly is an American business executive who served as the Chief Executive Officer of Raymond James Financial, one of the largest independent financial services firms in the United States. Reilly led Raymond James through a period of significant growth during his tenure as CEO, overseeing the firm's expansion in wealth management, capital markets, and asset management. In the fiscal year 2024, Reilly received total compensation of $24.05 million in his role as the company's outgoing chief executive.[1] His leadership at Raymond James placed him among the most prominent executives in the American financial services industry during the 2010s and 2020s.
Career
Raymond James Financial
Paul C. Reilly served as Chief Executive Officer of Raymond James Financial, a diversified financial services company headquartered in St. Petersburg, Florida. Raymond James Financial is a publicly traded firm (NYSE: RJF) that provides financial planning, investment banking, asset management, and banking services through its various subsidiaries. The company is one of the largest independent broker-dealers in the United States and has a significant presence in wealth management.
During his tenure as CEO, Reilly guided the firm through various market conditions and oversaw strategic initiatives aimed at expanding the company's footprint in the financial services industry. Raymond James under Reilly's leadership continued to grow its advisor network and client assets, positioning the firm as a major competitor to larger Wall Street institutions while maintaining its independent culture.
Compensation and Departure
In January 2025, it was reported that Raymond James Financial increased the total compensation for outgoing CEO Paul C. Reilly to $24.05 million for the company's fiscal year 2024.[1] The compensation figure reflected Reilly's role in leading the firm during a period that saw continued growth in the company's financial performance. The designation of Reilly as "outgoing" CEO indicated that a leadership transition was underway at the firm, with Reilly preparing to step down from the chief executive position.[1]
The compensation package of $24.05 million placed Reilly among the higher-paid executives in the financial services sector, consistent with the scale and performance of Raymond James Financial as a major publicly traded company. The pay represented an increase—or "bump"—from prior fiscal years, as reported by AdvisorHub, a publication covering the wealth management and brokerage industry.[1]
Recognition
Paul C. Reilly's leadership at Raymond James Financial brought him recognition within the financial services industry. As CEO of one of the largest independent financial services firms in the United States, Reilly was a prominent figure in discussions about the wealth management industry, independent broker-dealer models, and financial services regulation. His compensation of $24.05 million for fiscal year 2024 reflected the board of directors' assessment of his contributions to the company's performance during that period.[1]
References