Edgar Filing: RAYMOND JAMES FINANCIAL INC

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

EITEL JOHN TIMOTHY

2. Issuer Name and Ticker or Trading Symbol
RAYMOND JAMES FINANCIAL INC [RJF]

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

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Executive Officer - RJA

(Last)

(First)

(Middle)

880 CARILLON PARKWAY

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
09/30/2006

(Street)

ST. PETERSBURG,Â FLÂ 33716

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(check applicable line)
_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	Â	Â	Â	Â	Â	Â	44,118	D	Â
Common Stock	Â	Â	Â	Â	Â	Â	18,281	I	ESOP
Common Stock	Â	Â	Â	Â	Â	Â	2,048	I	Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (right to buy)

$ 14.2222

11/28/2004

01/28/2007

Common Stock

13,500 ⁽¹⁾

13,500

Employee Stock Option (right to buy)

$ 14.0222

12/10/2005

02/10/2008

Common Stock

11,250 ⁽²⁾

11,250

Employee Stock Option (right to buy)

$ 16.8

12/04/2006

02/04/2009

Common Stock

5,742

Employee Stock Option (right to buy)

$ 16.8

12/04/2006

02/04/2009

Common Stock

12,258 ⁽³⁾

12,258

Employee Stock Option (right to buy)

$ 24.9733

12/01/2008

02/01/2012

Common Stock

15,000 ⁽⁴⁾

15,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
EITEL JOHN TIMOTHY 880 CARILLON PARKWAY ST. PETERSBURG,Â FLÂ 33716	Â	Â	Â Executive Officer - RJA	Â

Signatures

John Timothy Eitel		09/30/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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).
(1)	Options Currently exercisable 10,800 Options Becoming exercisable - 2,700 on 11/28/2006
(2)	Options Currently exercisable - 1,687 Options Becoming Exercisable 3,938 on 12/10/2006 and 5,625 on 12/10/2007
(3)	Options Becoming Exercisable - 378 on 12/4/2006, 1,080 on 12/04/2007, 5,400 on 01/04/2008 and 5,400 on 01/04/2009
(4)	Options Becoming Exercisable - 3,750 on 12/01/2008, 3,750 on 12/01/2009, 3,750 on 12/01/2010 and 3,750 on 02/01/2011

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