Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Bunn James E

2. Date of Event Requiring Statement (MM/DD/YYYY) 10/1/2017

3. Issuer Name and Ticker or Trading Symbol

RAYMOND JAMES FINANCIAL INC [RJF]

(Last) (First) (Middle)

880 CARILLON PARKWAY

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
Co-Pres-GlobEq&Inv Banking-RJA /

(Street)

ST. PETERSBURG, FL 33716

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	880.0000 ⁽¹⁾	I	ESOP

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	⁽²⁾	11/29/2019	Common Stock	500.0000	$37.8700	D
Employee Stock Option (right to buy)	⁽³⁾	11/21/2020	Common Stock	3197.0000	$48.2000	D
Employee Stock Option (right to buy)	⁽⁴⁾	11/20/2021	Common Stock	5000.0000	$55.4900	D
Restricted Stock Units	⁽⁵⁾	11/19/2020	Common Stock	1400.0000	⁽⁶⁾	D
Restricted Stock Units	⁽⁷⁾	11/21/2018	Common Stock	2000.0000	⁽⁶⁾	D
Restricted Stock Units	⁽⁸⁾	11/30/2021	Common Stock	3000.0000	⁽⁶⁾	D
Restricted Stock Units	12/15/2017	12/15/2017	Common Stock	16220.0000 ⁽⁹⁾	⁽⁶⁾	D
Restricted Stock Units	12/15/2018	12/15/2018	Common Stock	10529.0000 ⁽⁹⁾	⁽⁶⁾	D
Restricted Stock Units	12/15/2019	12/15/2019	Common Stock	4597.0000 ⁽⁹⁾	⁽⁶⁾	D

Explanation of Responses:
(1)	Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through October 1, 2017.
(2)	Of the 1,250 employee stock options granted on 11/29/2012, 60% vested on 11/29/2015, 20% vested on 11/29/2016, and 20% will vest on 11/29/2017.
(3)	Of the 4,000 employee stock options granted on 11/21/2013, 60% vested on 11/21/2016, 20% will vest on 11/21/2017, and 20% will vest on 11/21/2018.
(4)	Of the 5,000 employee stock options granted on 11/20/2014, 60% will vest on 11/20/2017, 20% will vest on 11/20/2018, and 20% will vest on 11/20/2019.
(5)	Of the 1,400 RSUs granted on 11/19/2015, 60% will vest on 11/19/2018, 20% will vest on 11/19/2019, and 20% will vest on 11/19/2020.
(6)	Each Restricted Stock Unit (RSU) represents a contingent right to receive, upon vesting of the award: (i) one share of common stock, and (ii) accrued cash in lieu of dividends.
(7)	Of the 5,000 RSUs granted on 11/21/2013, 60% vested on 11/21/2016, 20% will vest on 11/21/2017, and 20% will vest on 11/21/2018.
(8)	Of the 3,000 RSUs granted on 11/30/2016, 60% will vest on 11/30/2019, 20% will vest on 11/30/2020, and 20% will vest on 11/30/2021.
(9)	RSUs granted as a portion of annual bonus under 2012 Stock Incentive Plan.

Remarks:
bunnjamespoa.txt

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Bunn James E 880 CARILLON PARKWAY ST. PETERSBURG, FL 33716			Co-Pres-GlobEq&Inv Banking-RJA

Signatures
/s/ James E. Bunn by Jonathan J. Doyle as Attorney-in-Fact		10/5/2017
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.