Change At Top Of Raymond James In US, Canada

Tom Burroughes

7 December 2021

for his leadership, counsel and the many tangible contributions he has made to Raymond James during his nearly 10-year tenure,” chairman and CEO Paul Reilly said.

Carson joined in 2012 when Raymond James bought Morgan Keegan, where he was CEO.

As part of the changes, Gavin Murrey, head of public finance and debt investment banking, will continue to run the public finance business, reporting to Carter.

Carter joined Raymond James in the Morgan Keegan acquisition, starting his career with that firm in 1993.

In Allison’s case, he will move to the newly-created role of RJL executive chairman to provide strategic guidance to the management team and serve in a senior client relationship capacity, the group said.

Allison will chair several boards including Raymond James Ltd. and the Raymond James Canada Foundation. In addition, Allison will continue as chair of the Investment Industry Regulatory Organization of Canada (IIROC).

Jamie Coulter, executive vice president, wealth management, is succeeding Allison as RJL chief executive. Coulter has worked at Raymond James for 25 years in several increasingly senior roles.