Raymond James Financial (RJF) 10-K 25 Nov 14 2014 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Sep. 30, 2014	Nov. 21, 2014	Mar. 31, 2014
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'RAYMOND JAMES FINANCIAL INC	'	'
Entity Central Index Key	'0000720005	'	'
Current Fiscal Year End Date	'--09-30	'	'
Entity Well-known Seasoned Issuer	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Large Accelerated Filer	'	'
Entity Public Float	'	'	$6,988,823,309
Document Type	'10-K	'	'
Document Period End Date	30-Sep-14	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'FY	'	'
Amendment Flag	'false	'	'
Entity Common Stock, Shares Outstanding	'	141,552,219	'

CONSOLIDATED_STATEMENTS_OF_FIN

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $)	Sep. 30, 2014		Sep. 30, 2013
In Thousands, unless otherwise specified
Assets:	'		'
Cash and cash equivalents	$2,199,063	[1]	$2,596,616	[1]
Assets segregated pursuant to regulations and other segregated assets	2,489,264	[2]	4,064,827	[2]
Securities purchased under agreements to resell and other collateralized financings	446,016		709,120
Financial instruments, at fair value:	'		'
Trading instruments	679,393		579,705
Available for sale securities	562,289		698,844
Private equity investments	211,666		216,391
Other investments	215,751		248,512
Derivative instruments associated with offsetting matched book positions	323,337		250,341
Receivables:	'		'
Brokerage clients, net	2,126,804		1,983,340
Stock borrowed	158,988		146,749
Bank loans, net	10,964,299		8,821,201
Brokers-dealers and clearing organizations	107,116		243,101
Loans to financial advisors, net	424,928		409,080
Other	544,180		407,329
Deposits with clearing organizations	150,457	[3]	126,405	[3]
Prepaid expenses and other assets	655,256		611,425
Property and equipment, net	245,401		244,416
Deferred income taxes, net	231,325		195,160
Goodwill and identifiable intangible assets, net	354,261		361,464
Total assets	23,325,652		23,186,122
Liabilities and equity:	'		'
Trading instruments sold but not yet purchased, at fair value	238,400		220,656
Securities sold under agreements to repurchase	244,495		300,933
Derivative instruments associated with offsetting matched book positions, at fair value	323,337		250,341
Payables:	'		'
Brokerage clients	3,956,104		5,942,843
Stock loaned	417,383		354,377
Bank deposits	10,028,924	[4]	9,295,371	[4]
Brokers-dealers and clearing organizations	216,530		109,611
Trade and other	763,235		630,344
Other borrowings	654,916		84,076
Accrued compensation, commissions and benefits	814,359		741,787
Corporate debt	1,190,836		1,194,508
Total liabilities	18,892,396		19,187,785
Commitments and contingencies (see Note 21)	'		'
Equity	'		'
Preferred stock; $.10 par value; authorized 10,000,000 shares; issued and outstanding -0- shares	0		0
Common stock; $.01 par value; authorized 350,000,000 shares; issued 146,103,658 at September 30, 2014 and 144,559,772 at September 30, 2013	1,444		1,429
Additional paid-in capital	1,239,046		1,136,298
Retained earnings	3,023,845		2,635,026
Treasury stock, at cost; 4,900,266 common shares at September 30, 2014 and 5,002,666 common shares at September 30, 2013	-121,211		-120,555
Accumulated other comprehensive (loss) income	-1,888		10,726
Total equity attributable to Raymond James Financial, Inc.	4,141,236		3,662,924
Noncontrolling interests	292,020		335,413
Total equity	4,433,256		3,998,337
Total liabilities and equity	23,325,652		23,186,122
LIHTC Funds - Primary Beneficiary	'		'
Receivables:	'		'
Investments in real estate partnerships held by consolidated variable interest entities	235,858		272,096
Payables:	'		'
Loans payable of consolidated variable interest entities	$43,877		$62,938
[1]	The total amounts presented include cash and cash equivalents of $1.21 billion and $1.02 billion as of September 30, 2014 and 2013, respectively, which are either held directly by RJF in depository accounts at third party financial institutions, held in a depository account at RJ Bank, or are otherwise invested by one of our subsidiaries on behalf of RJF, all of which are available without restrictions.
[2]	Consists of cash maintained in accordance with Rule 15c3-3 under the Securities Exchange Act of 1934. RJ&A as a broker-dealer carrying client accounts, is subject to requirements related to maintaining cash or qualified securities in segregated reserve accounts for the exclusive benefit of its’ clients. Additionally, RJ Ltd. is required to hold client Registered Retirement Savings Plan funds in trust.
[3]	Consists of deposits of cash and cash equivalents or other short-term securities held by other clearing organizations or exchanges.
[4]	Bank deposits exclude affiliate deposits of approximately $509 million (which includes $500 million held in a deposit account on behalf of RJF, see Note 30) at September 30, 2014, and $6 million at September 30, 2013.

CONSOLIDATED_STATEMENTS_OF_FIN1

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) (USD $)	Sep. 30, 2014	Sep. 30, 2013
Statement of Financial Position [Abstract]	'	'
Preferred stock, par value (in dollars per share)	$0.10	$0.10
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	350,000,000	350,000,000
Common stock, shares issued (in shares)	146,103,658	144,559,772
Treasury stock, shares (in shares)	4,900,266	5,002,666

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Revenues:	'		'		'
Securities commissions and fees	$3,241,525		$3,007,711		$2,535,484
Investment banking	340,821		288,251		223,579
Investment advisory fees	362,362		282,755		223,850
Interest	480,886		473,599		453,258
Account and service fees	407,707		363,531		319,718
Net trading profit	64,643		34,069		55,538
Other	67,516		145,882		86,473
Total revenues	4,965,460	[1]	4,595,798	[1]	3,897,900	[1]
Interest expense	-104,091		-110,371		-91,369
Net revenues	4,861,369		4,485,427		3,806,531
Non-interest expenses:	'		'		'
Compensation, commissions and benefits	3,312,635		3,054,027		2,620,058
Communications and information processing	252,694		257,366		195,895
Occupancy and equipment costs	161,683		157,449		134,199
Clearance and floor brokerage	39,875		40,253		39,422
Business development	139,672		124,387		118,712
Investment sub-advisory fees	52,412		37,112		29,210
Bank loan loss provision	13,565		2,565		25,894
Acquisition related expenses	0		73,454		59,284
Other	172,885		144,904		115,936
Total non-interest expenses	4,145,421		3,891,517		3,338,610
Income including noncontrolling interests and before provision for income taxes	715,948		593,910		467,921
Provision for income taxes	267,797		197,033		175,656
Net income including noncontrolling interests	448,151		396,877		292,265
Net (loss) income attributable to noncontrolling interests	-32,097		29,723		-3,604
Net income attributable to Raymond James Financial, Inc.	480,248		367,154		295,869
Net income per common share – basic (in dollars per share)	$3.41		$2.64		$2.22
Net income per common share – diluted (in dollars per share)	$3.32		$2.58		$2.20
Weighted-average common shares outstanding - basic (in shares)	139,935		137,732		130,806
Weighted-average common and common equivalent shares outstanding - diluted (in shares)	143,589		140,541		131,791
Other comprehensive income, net of tax:	'		'		'
Change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses	6,021	[2]	15,042	[2]	12,886	[2]
Change in currency translations and net investment hedges	-18,635	[2]	-13,763	[2]	6,166	[2]
Total comprehensive income	467,634	[2]	368,433	[2]	314,921	[2]
Other-than-temporary impairment:	'		'		'
Total other-than-temporary impairment, net	4,966		3,755		17,144
Portion of pre-tax recoveries recognized in other comprehensive (loss) income	-4,993		-4,391		-22,419
Net impairment losses recognized in other revenue	($27)		($636)		($5,275)
[1]	No individual client accounted for more than ten percent of total revenues in any of the years presented.
[2]	All components of other comprehensive (loss) income, net of tax, are attributable to Raymond James Financial, Inc.

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $)

Total

Common stock, par value $.01 per share:

Additional paid-in capital:

Retained earnings:

Treasury stock:

Accumulated other comprehensive (loss) income:

Total equity attributable to Raymond James Financial, Inc.

Noncontrolling interests:

ClariVest Asset Management

In Thousands, except Share data, unless otherwise specified

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Balance, beginning of year at Sep. 30, 2011

'

$1,271

$565,135

$2,125,818

($95,000)

($9,605)

[1]

'

$324,226

'

Changes in Shareholders' Equity:

'

'

'

'

'

'

'

'

'

Issuance of shares, registered public offering

[2]

'

111

362,712

'

'

'

'

'

'

Employee stock purchases

'

'

16,150

'

'

'

'

'

'

Exercise of stock options and vesting of restricted stock units, net of forfeitures

'

'

23,181

'

-4,346

'

'

'

'

Restricted stock, stock option and restricted stock unit expense

'

'

52,538

'

'

'

'

'

'

Excess tax benefit from share-based payments

'

'

2,613

'

'

'

'

'

'

Purchase of additional equity interest in subsidiary

'

'

1,224

'

'

'

'

-665

'

Net income attributable to Raymond James Financial, Inc.

295,869

'

'

295,869

'

'

'

'

'

Cash dividends declared

'

'

'

-70,286

'

'

'

'

'

Purchases/surrenders

'

'

'

'

-19,416

'

'

'

'

Net change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses, net of tax

12,886

[3]

'

'

'

'

12,886

[1]

'

'

'

Net change in currency translations and net investment hedges, net of tax

[1]

'

'

'

'

'

6,166

'

'

'

Net (loss) income attributable to noncontrolling interests

3,604

'

'

'

'

'

'

-3,604

'

Capital contributions

'

'

'

'

'

'

'

38,073

'

Distributions

'

'

'

'

'

'

'

-18,294

'

Consolidation of acquired entity

'

'

'

'

'

'

'

0

'

Consolidation of private equity partnerships

'

'

'

'

'

'

'

78,394

'

Other

'

22

6,735

-4,838

'

'

'

-6,788

'

Total equity attributable to Raymond James Financial, Inc.

'

'

'

'

'

'

3,268,940

'

'

Issuance of shares (in shares)

11,075,000

'

'

'

'

'

'

'

'

Proceeds from issuance of shares in registered public offering

362,823

'

'

'

'

'

'

'

'

Balance, end of year at Sep. 30, 2012

3,680,282

1,404

1,030,288

2,346,563

-118,762

9,447

[1]

'

411,342

'

Changes in Shareholders' Equity:

'

'

'

'

'

'

'

'

'

Issuance of shares, registered public offering

'

0

0

'

'

'

'

'

'

Employee stock purchases

'

'

18,319

'

'

'

'

'

'

Exercise of stock options and vesting of restricted stock units, net of forfeitures

'

'

30,640

'

6,421

'

'

'

'

Restricted stock, stock option and restricted stock unit expense

'

'

58,689

'

'

'

'

'

'

Excess tax benefit from share-based payments

'

'

2,590

'

'

'

'

'

'

Purchase of additional equity interest in subsidiary

'

'

-4,531

'

'

'

'

4,126

'

Net income attributable to Raymond James Financial, Inc.

367,154

'

'

367,154

'

'

'

'

'

Cash dividends declared

'

'

'

-78,208

'

'

'

'

'

Purchases/surrenders

'

'

'

'

-8,214

'

'

'

'

Net change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses, net of tax

15,042

[3]

'

'

'

'

15,042

[1]

'

'

'

Net change in currency translations and net investment hedges, net of tax

[1]

'

'

'

'

'

-13,763

'

'

'

Net (loss) income attributable to noncontrolling interests

-29,723

'

'

'

'

'

'

29,723

'

Capital contributions

'

'

'

'

'

'

'

30,052

'

Distributions

'

'

'

'

'

'

'

-148,871

'

Consolidation of acquired entity

[4]

'

'

'

'

'

'

'

7,592

'

Consolidation of private equity partnerships

'

'

'

'

'

'

'

0

'

Other

'

25

303

-483

'

'

'

1,449

'

Total equity attributable to Raymond James Financial, Inc.

3,662,924

'

'

'

'

'

3,662,924

'

'

Proceeds from issuance of shares in registered public offering

0

'

'

'

'

'

'

'

'

Balance, end of year at Sep. 30, 2013

3,998,337

1,429

1,136,298

2,635,026

-120,555

10,726

[1]

'

335,413

'

Changes in Shareholders' Equity:

'

'

'

'

'

'

'

'

'

Issuance of shares, registered public offering

'

0

0

'

'

'

'

'

'

Employee stock purchases

'

'

20,234

'

'

'

'

'

'

Exercise of stock options and vesting of restricted stock units, net of forfeitures

'

'

8,780

'

1,517

'

'

'

'

Restricted stock, stock option and restricted stock unit expense

'

'

65,410

'

'

'

'

'

'

Excess tax benefit from share-based payments

'

'

7,437

'

'

'

'

'

'

Purchase of additional equity interest in subsidiary

'

'

0

'

'

'

'

0

'

Net income attributable to Raymond James Financial, Inc.

480,248

'

'

480,248

'

'

'

'

'

Cash dividends declared

'

'

'

-91,133

'

'

'

'

'

Purchases/surrenders

'

'

'

'

-2,173

'

'

'

'

Net change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses, net of tax

6,021

[3]

'

'

'

'

6,021

[1]

'

'

'

Net change in currency translations and net investment hedges, net of tax

[1]

'

'

'

'

'

-18,635

'

'

'

Net (loss) income attributable to noncontrolling interests

32,097

'

'

'

'

'

'

-32,097

'

Capital contributions

'

'

'

'

'

'

'

22,565

'

Distributions

'

'

'

'

'

'

'

-27,093

'

Consolidation of acquired entity

'

'

'

'

'

'

'

0

'

Consolidation of private equity partnerships

'

'

'

'

'

'

'

0

'

Other

'

15

887

-296

'

'

'

-6,768

'

Total equity attributable to Raymond James Financial, Inc.

4,141,236

'

'

'

'

'

4,141,236

'

'

Proceeds from issuance of shares in registered public offering

0

'

'

'

'

'

'

'

'

Balance, end of year at Sep. 30, 2014

$4,433,256

$1,444

$1,239,046

$3,023,845

($121,211)

($1,888)

[1]

'

$292,020

'

[1]

All components of other comprehensive (loss) income are attributable to Raymond James Financial, Inc.

[2]

During the year ended September 30, 2012, in a registered public offering, 11,075,000 common shares were issued generating approximately $363 million in net proceeds (after consideration of the underwriting discount and direct expenses of the offering).

[3]

All components of other comprehensive (loss) income, net of tax, are attributable to Raymond James Financial, Inc.

[4]

On December 24, 2012, we acquired a 45% interest in ClariVest Asset Management, LLC, see Notes 1 and 3 for discussion.

CONSOLIDATED_STATEMENTS_OF_CHA1

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]	'	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01	$0.01

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Cash flows from operating activities:	'		'		'
Net income attributable to Raymond James Financial, Inc.	$480,248,000		$367,154,000		$295,869,000
Net (loss) income attributable to noncontrolling interests	-32,097,000		29,723,000		-3,604,000
Net income including noncontrolling interests	448,151,000		396,877,000		292,265,000
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:	'		'		'
Depreciation and amortization	64,163,000		66,359,000		51,445,000
Deferred income taxes	-35,171,000		-31,789,000		2,044,000
Premium and discount amortization on available for sale securities and unrealized/realized gain on other investments	-22,804,000		-80,631,000		-35,462,000
Provisions for loan losses, legal proceedings, bad debts and other accruals	26,414,000		13,944,000		32,605,000
Share-based compensation expense	69,609,000		61,862,000		55,729,000
Goodwill impairment expense	0		6,933,000	[1]	0
Other	35,343,000		32,013,000		26,342,000
Net change in:	'		'		'
Assets segregated pursuant to regulations and other segregated assets	1,575,563,000		-1,280,628,000		889,684,000
Securities purchased under agreements to resell and other collateralized financings, net of securities sold under agreements to repurchase	206,666,000		-191,207,000		-209,656,000
Stock loaned, net of stock borrowed	50,767,000		-15,731,000		-357,956,000
(Loans provided to) repayment of loans, to financial advisors, net	-34,067,000		11,486,000		-229,259,000
Brokerage client receivables and other accounts receivable, net	-159,562,000		88,162,000		144,047,000
Trading instruments, net	-46,526,000		252,101,000		102,876,000
Prepaid expenses and other assets	19,330,000		-66,448,000		12,914,000
Brokerage client payables and other accounts payable	-1,800,957,000		1,307,607,000		-424,867,000
Accrued compensation, commissions and benefits	72,294,000		50,318,000		59,987,000
Proceeds from sales of securitizations and loans held for sale, net of purchases and originations of loans held for sale	45,811,000		41,167,000		-18,836,000
Excess tax benefits from share-based payment arrangements	-7,437,000		-2,590,000		-2,613,000
Net cash provided by operating activities	507,587,000		659,805,000		391,289,000
Cash flows from investing activities:	'		'		'
Additions to property and equipment	-60,149,000		-72,879,000		-77,515,000
Increase in bank loans, net	-2,391,311,000		-1,063,301,000		-1,523,071,000
(Purchases) redemptions of Federal Home Loan Bank/Federal Reserve Bank stock, net	-22,161,000		1,067,000		31,049,000
Proceeds from sales of loans held for investment	183,279,000		198,676,000		71,640,000
Sales (purchases) of private equity and other investments, net	42,832,000		229,136,000		-82,707,000
Purchases of available for sale securities	-1,305,000		-62,102,000		-249,379,000
Available for sale securities maturations, repayments and redemptions	104,407,000		117,435,000		173,189,000
Proceeds from sales of available for sale securities	49,937,000		4,793,000		0
Business acquisition, net of cash acquired	-2,007,000		-6,450,000		-1,073,621,000
Net cash used in investing activities	-2,096,764,000		-651,974,000		-2,731,215,000
Cash flows from financing activities:	'		'		'
Proceeds from borrowed funds, net	596,167,000		258,776,000		1,256,459,000
Repayments of borrowed funds, net	-29,187,000		-309,597,000		-550,564,000
Proceeds from issuance of shares in registered public offering	0		0		362,823,000
Proceeds from capital contributed to and borrowings of consolidated variable interest entities which are real estate partnerships	726,000		23,485,000		30,546,000
Purchase of additional equity interest in subsidiary	0		-553,000		-4,017,000
Exercise of stock options and employee stock purchases	33,633,000		55,997,000		33,811,000
Increase in bank deposits	733,553,000		695,658,000		860,391,000
Purchase of treasury stock	-8,427,000		-11,718,000		-20,860,000
Dividends on common stock	-88,102,000		-76,593,000		-68,782,000
Excess tax benefits from share-based payment arrangements	7,437,000		2,590,000		2,613,000
Net cash provided by financing activities	1,223,961,000		615,432,000		1,879,275,000
Currency adjustment:	'		'		'
Effect of exchange rate changes on cash	-32,337,000		-6,667,000		976,000
Net (decrease) increase in cash and cash equivalents	-397,553,000		616,596,000		-459,675,000
Cash and cash equivalents at beginning of year	2,596,616,000	[2]	1,980,020,000		2,439,695,000
Cash and cash equivalents at end of year	2,199,063,000	[2]	2,596,616,000	[2]	1,980,020,000
Supplemental disclosures of cash flow information:	'		'		'
Cash paid for interest	101,090,000		106,818,000		91,453,000
Cash paid for income taxes	319,279,000		189,730,000		176,539,000
Non-cash transfers of loans to other real estate owned	6,213,000		3,072,000		12,653,000
LIHTC Funds - Primary Beneficiary	'		'		'
Cash flows from investing activities:	'		'		'
Investments in real estate partnerships held by consolidated variable interest entities, net of other investing activity	-286,000		1,651,000		-800,000
Cash flows from financing activities:	'		'		'
Repayments of borrowings by consolidated variable interest entities which are real estate partnerships	($21,839,000)		($22,613,000)		($23,145,000)
[1]	The impairment expense in the prior fiscal year ended September 30, 2013 is associated with the RJES reporting unit. We concluded the goodwill associated with this reporting unit to be completely impaired during fiscal year 2013. Since we did not own 100% of RJES as of the goodwill impairment testing date, for the year ended September 30, 2013 the effect of this impairment expense on the pre-tax income attributable to Raymond James Financial, Inc. is approximately $4.6 million and the portion of the impairment expense attributable to the noncontrolling interests is approximately $2.3 million
[2]	The total amounts presented include cash and cash equivalents of $1.21 billion and $1.02 billion as of September 30, 2014 and 2013, respectively, which are either held directly by RJF in depository accounts at third party financial institutions, held in a depository account at RJ Bank, or are otherwise invested by one of our subsidiaries on behalf of RJF, all of which are available without restrictions.

INTRODUCTION_AND_BASIS_OF_PRES

INTRODUCTION AND BASIS OF PRESENTATION	12 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
INTRODUCTION AND BASIS OF PRESENTATION	'
	INTRODUCTION AND BASIS OF PRESENTATION
	Description of business
	Raymond James Financial, Inc. (“RJF”) is a financial holding company headquartered in Florida whose broker-dealer subsidiaries are engaged in various financial service businesses, including the underwriting, distribution, trading and brokerage of equity and debt securities and the sale of mutual funds and other investment products.  In addition, other subsidiaries of RJF provide investment management services for retail and institutional clients, corporate and retail banking, and trust services.  As used herein, the terms “we,” “our” or “us” refer to RJF and/or one or more of its subsidiaries.
	Basis of presentation
	The accompanying consolidated financial statements include the accounts of RJF and its consolidated subsidiaries that are generally controlled through a majority voting interest. We consolidate all of our 100% owned subsidiaries. In addition we consolidate any variable interest entity (“VIE”) in which we are the primary beneficiary. Additional information on these VIEs is provided in Note 2 in the section titled, “Evaluation of VIEs to determine whether consolidation is required” and in Note 11. When we do not have a controlling interest in an entity, but we exert significant influence over the entity, we apply the equity method of accounting. All material intercompany balances and transactions have been eliminated in consolidation.
	Accounting estimates and assumptions
	The preparation of consolidated financial statements in conformity with United States of America (“U.S.”) generally accepted accounting principles (“GAAP”) requires us to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and could have a material impact on the consolidated financial statements.
	Reporting period
	Our quarters end on the last day of each calendar quarter.
	Fiscal year 2013 acquisition
	On December 24, 2012, we completed our acquisition of a 45% interest in ClariVest Asset Management, LLC (“ClariVest”), an acquisition that bolstered our platform in the large-cap investment objective. See Note 3 for additional information.
	Fiscal year 2012 acquisition
	On April 2, 2012 (the “Closing Date”) RJF completed its acquisition of all of the issued and outstanding shares of Morgan Keegan & Company, Inc. (a broker-dealer hereinafter referred to as “MK & Co.”) and MK Holding, Inc. and certain of its affiliates (collectively referred to hereinafter as “Morgan Keegan”) from Regions Financial Corporation (“Regions”).  This acquisition expanded both our private client and our capital markets businesses. We accounted for this acquisition under the acquisition method of accounting with the assets and liabilities of Morgan Keegan recorded as of the acquisition date at their respective fair values and consolidated in our financial statements, see Note 3 for further information regarding our acquisition of Morgan Keegan. The results of operations of Morgan Keegan have been included in our results prospectively from April 2, 2012.
	Significant subsidiaries
	As of September 30, 2014, our significant subsidiaries, all wholly owned, include: Raymond James & Associates, Inc. (“RJ&A”) a domestic broker-dealer carrying client accounts, Raymond James Financial Services, Inc. (“RJFS”) an introducing domestic broker-dealer, Raymond James Financial Services Advisors, Inc. (“RJFSA”) a registered investment advisor, Raymond James Ltd. (“RJ Ltd.”) a broker-dealer headquartered in Canada, Eagle Asset Management, Inc.(“Eagle”) a registered investment advisor, and Raymond James Bank, N.A. (“RJ Bank”) a national bank.
	Adoption of new accounting guidance
	In December 2011, the Financial Accounting Standards Board (“FASB”) issued new guidance requiring additional disclosures regarding the nature of an entity’s rights of setoff and related arrangements associated with its financial instruments and derivative instruments.  This guidance was further amended in January 2013. Specifically, this new guidance requires additional information about derivatives, repurchase agreements, reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset or subject to an enforceable master netting arrangement or similar agreement. This guidance was first effective for our quarter ended December 31, 2013.  See Note 19 for these additional disclosures.
	In February 2013, the FASB issued new guidance intended to improve the reporting of reclassifications out of accumulated other comprehensive (loss) income (“AOCI”). The new guidance requires us to report the effect of significant reclassifications out of AOCI on the respective line items in net income if the amount being reclassified is required under GAAP to be reclassified in its entirety to net income. For other amounts that are not required under GAAP to be reclassified in their entirety to net income in the same reporting period, we are required to cross-reference other disclosures required under GAAP that provide additional detail about those amounts. This new guidance was first effective for our quarter ended December 31, 2013.  See Note 22 for these additional disclosures.
	Reclassifications
	Certain prior period amounts, none of which are material, have been reclassified to conform to the current year’s presentation.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Recognition of revenues
	Securities commissions & fees
	The significant components of our securities commissions and fees revenue include the following:
	a.	Commission revenues and related expenses from securities transactions are recorded on a trade date basis. Commission revenues are recorded at the amount charged to clients which, in certain cases, may include varying discounts.
	b.	Fee revenues include certain asset-based fees. These fees include trailing commissions from mutual funds and variable annuities/insurance products, which are recorded ratably over the period earned.
	c.	Fee revenues also include the fees earned by financial advisors who provide investment advisory services under various manners of affiliation with us. These fee revenues are computed as either a percentage of the assets in the client account, or a flat periodic fee charged to the client for investment advice. Such fees are earned from the services provided by investment advisor representatives (“IARs”) and registered investment advisors (“RIAs”) who affiliate with us.
	Financial advisors may choose to affiliate with us as either an employee of RJ&A, and thus operate under the RJ&A registered investment advisor (“RIA”) license, or as an independent contractor affiliated with RJFS. If affiliated with RJFS, the financial advisor may choose to provide such advisory services either under their own RIA license, or under the RIA license of RJFSA, a wholly owned RIA that exclusively supports the investment advisory activities of financial advisors affiliated with RJFS.
	The revenue recognition and related expense policies associated with the generation of advisory fees from each of these affiliation alternatives are as follows:
	i.	Investment advisory service fee revenues earned by employee financial advisors (IARs of RJ&A) are presented in securities commissions and fees revenue on a gross basis. The RJ&A IARs are paid compensation which is computed as a percentage of the revenues generated and which is recorded as a component of compensation, commissions and benefits expense.
	ii.	Investment advisory service fee revenues earned by independent contractors who are registered representatives (“RR”) with RJFS are also registered with RJFSA and offer investment advisory services under RJFSA’s RIA license as an IAR of RJFSA are presented in securities fees and commissions revenue on a gross basis. These financial advisors are paid a portion of the revenues generated which is recorded as a component of compensation, commissions and benefits expense.
	iii.	Independent RIA firms that are owned and operated by a financial advisor who is an independent contractor registered as a RR with RJFS, may receive administrative and custodial services provided by RJFS as introducing broker-dealer firm to RJ&A. These independent RIA firms operate under their own RIA license and pay a fee for services provided to the RIA and its clients. These fees are recorded in securities commissions and fees revenue, net of the portion of the fees that are remitted to the independent RIA firm.
	iv.	We may earn fees as a result of providing a custodial platform for unaffiliated independent RIA firms. These independent RIA firms operate under their own RIA license and pay for administrative and other services provided through RJFS. These fees are recorded in securities commissions and fees revenue, net of the portion of the fees that are remitted to the independent RIA firm.
	d.	Insurance commission revenues and related expenses are recognized when the delivery of the insurance contract is confirmed by the carrier, the premium is remitted to the insurance company and the contract requirements are met.
	e.	Annuity commission revenues and related expenses are recognized when the signed annuity contract and premium is submitted to the annuity carrier.
	Investment banking
	Investment banking revenues are recorded at the time a transaction is completed and the related income is reasonably determinable. Investment banking revenues include management fees and underwriting fees, net of reimbursable expenses, earned in connection with the distribution of the underwritten securities, merger and acquisition fees, private placement fees, syndication fees on the sale of low-income housing tax credit fund interests, and limited partnership distributions. Securities received in connection with investment banking transactions are carried at fair value.
	We distribute our proprietary equity research products to our client base of institutional investors at no charge.
	Investment advisory fees
	We provide advice, research and administrative services for clients participating in both our managed and non-discretionary asset-based investment programs. These revenues are generated by our asset management businesses for administering and managing portfolios, funds and separate accounts. These asset management services are provided to individual investment portfolios, mutual funds and managed programs. We earn investment advisory fees based on the value of clients’ portfolios which are held in either managed or non-discretionary asset-based programs. Fees are computed based on balances either at the beginning of the quarter, the end of the quarter, or average assets. These fees are recorded ratably over the period earned.
	We may earn performance fees from various funds and separate accounts we manage, when their performance exceeds certain specified rates of return.  We record performance fee revenues in the period they are specifically quantifiable and are earned.  Once realized, such fees are not subject to clawback or reversal.
	Account and service fees
	Account and service fees primarily include transaction fees, annual account fees, service charges, exit fees, servicing fees, fees generated in lieu of interest income from a multi-bank sweep program with unaffiliated banks, money market processing and distribution fees and correspondent clearing fees. The annual account fees such as IRA fees and distribution fees are recognized as earned over the term of the contract. The transaction fees are earned and collected from clients as trades are executed. Servicing fees such as omnibus, education and marketing support fees, and no-transaction fee program revenues are paid to us for marketing and administrative services and are recognized as earned. Under clearing agreements, we clear trades for unaffiliated correspondent brokers and retain a portion of commissions as a fee for our services. Correspondent clearing revenues are recorded net of commissions remitted. Total commissions generated by correspondents were $39.6 million, $35.5 million, and $33.5 million and commissions remitted totaled $36.9 million, $32.6 million, and $31.2 million for the years ended September 30, 2014, 2013, and 2012 respectively.
	Cash and cash equivalents
	Our cash equivalents include money market funds or highly liquid investments with original maturities of 90 days or less, other than those used for trading purposes.
	Assets segregated pursuant to regulations and other segregated assets
	In accordance with Rule 15c3-3 of the Securities Exchange Act of 1934, RJ&A, as a broker-dealer carrying client accounts, is subject to requirements related to maintaining cash or qualified securities in a segregated reserve account for the exclusive benefit of its clients. In addition, RJ Ltd. is required to hold client Registered Retirement Savings Plan funds in trust. Segregated assets consist of cash and cash equivalents.
	RJ Bank maintains interest-bearing bank deposits that are restricted for pre-funding letter of credit draws related to certain syndicated borrowing relationships in which RJ Bank is involved and occasionally pledged as collateral for Federal Home Loan Bank of Atlanta (“FHLB”) advances. In addition, RJ Bank maintains cash in an interest-bearing pass-through account at the Federal Reserve Bank in accordance with Regulation D of the Federal Reserve Act, which requires depository institutions to maintain minimum average reserve balances against its deposits.
	Repurchase agreements and other collateralized financings
	We purchase securities under short-term agreements to resell (“Reverse Repurchase Agreements”). Additionally, we sell securities under agreements to repurchase (“Repurchase Agreements”). Both Reverse Repurchase Agreements and Repurchase Agreements are accounted for as collateralized financings and are carried at contractual amounts plus accrued interest. Our policy is to obtain possession of collateral with a market value equal to or in excess of the principal amount loaned under the Reverse Repurchase Agreements. To ensure that the market value of the underlying collateral remains sufficient, the securities are valued daily, and cash is obtained from or returned to the counterparty when contractually required. These Reverse Repurchase Agreements may result in credit exposure in the event the counterparty to the transaction is unable to fulfill its contractual obligations. Other collateralized financings include secured call loans receivable held by RJ Ltd. These financings represent loans of excess cash to financial institutions which are fully collateralized by Canadian treasury bills or provincial obligations and bear interest at call loan rates.
	Financial instruments owned, financial instruments sold but not yet purchased and fair value
	Financial instruments owned and financial instruments sold, but not yet purchased are recorded at fair value. Fair value is defined by GAAP as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between willing market participants on the measurement date.
	In determining the fair value of our financial instruments in accordance with GAAP, we use various valuation approaches, including market and/or income approaches. Fair value is a market-based measure considered from the perspective of a market participant. As such, even when assumptions from market participants are not readily available, our own assumptions reflect those that we believe market participants would use in pricing the asset or liability at the measurement date. GAAP provides for the following three levels to be used to classify our fair value measurements:
	Level 1-Financial instruments included in Level 1 are highly liquid instruments with quoted prices in active markets for identical assets or liabilities. These include equity securities traded in active markets and certain U. S. Treasury securities, other governmental obligations, or publicly traded corporate debt securities.
	Level 2-Financial instruments reported in Level 2 include those that have pricing inputs that are other than quoted prices in active markets, but which are either directly or indirectly observable as of the reporting date (i.e., prices for similar instruments). Instruments that are generally included in this category are equity securities that are not actively traded, corporate obligations infrequently traded, certain government and municipal obligations, interest rate swaps, certain asset-backed securities (“ABS”), certain collateralized mortgage obligations (“CMOs”), certain mortgage-backed securities (“MBS”), our derivative instruments, corporate loans and nonrecurring fair value measurements for certain loans held for sale, impaired loans and other real estate owned (“OREO”).
	Level 3-Financial instruments reported in Level 3 have little, if any, market activity and are measured using our best estimate of fair value, where the inputs into the determination of fair value are both significant to the fair value measurement and unobservable. These valuations require significant judgment or estimation. Instruments in this category generally include: equity securities with unobservable inputs such as those investments made in our principal capital activities, certain non-agency ABS, pools of interest-only Small Business Administration (“SBA”) loan strips (“I/O Strips”), certain municipal and corporate obligations which include auction rate securities (“ARS”) and nonrecurring fair value measurements for certain impaired loans.
	GAAP requires that we maximize the use of observable inputs and minimize the use of unobservable inputs when performing our fair value measurements. The availability of observable inputs can vary from instrument to instrument and in certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Our assessment of the significance of a particular input to the fair value measurement of an instrument requires judgment and consideration of factors specific to the instrument.
	We offset our long and short positions for a particular security recorded at fair value as part of our trading instruments (long positions) and trading instruments sold but not yet purchased (short positions), when the long and short positions have identical Committee on Uniform Security Identification Procedures numbers (“CUSIPs”).
	Valuation techniques
	The fair value for certain of our financial instruments is derived using pricing models and other valuation techniques that involve significant management judgment. The price transparency of financial instruments is a key determinant of the degree of judgment involved in determining the fair value of our financial instruments. Financial instruments for which actively quoted prices or pricing parameters are available will generally have a higher degree of price transparency than financial instruments that are thinly traded or not quoted. In accordance with GAAP, the criteria used to determine whether the market for a financial instrument is active or inactive is based on the particular asset or liability. For equity securities, our definition of actively traded is based on average daily volume and other market trading statistics. We have determined the market for certain other types of financial instruments, including certain CMOs, ABS, certain collateralized debt obligations and ARS, to be volatile, uncertain or inactive as of both September 30, 2014 and 2013. As a result, the valuation of these financial instruments included significant management judgment in determining the relevance and reliability of market information available. We considered the inactivity of the market to be evidenced by several factors, including a continued decreased price transparency caused by decreased volume of trades relative to historical levels, stale transaction prices and transaction prices that varied significantly either over time or among market makers.
	The specific valuation techniques utilized for the categorization of financial instruments presented in our Consolidated Statements of Financial Condition are described below:
	Trading instruments and trading instruments sold but not yet purchased
	Trading instruments are comprised primarily of the financial instruments held by our broker-dealer subsidiaries. These instruments are recorded at fair value with realized and unrealized gains and losses reflected in current period net income.
	When available, we use quoted prices in active markets to determine the fair value of our trading securities. Such instruments are classified within Level 1 of the fair value hierarchy. Examples include exchange traded equity securities and liquid government debt securities.
	When instruments are traded in secondary markets and quoted market prices do not exist for such securities, we utilize valuation techniques including matrix pricing to estimate fair value. Matrix pricing generally utilizes spread-based models periodically re-calibrated to observable inputs such as market trades or to dealer price bids in similar securities in order to derive the fair value of the instruments. Valuation techniques may also rely on other observable inputs such as yield curves, interest rates and expected principal repayments and default probabilities. Instruments valued using these inputs are typically classified within Level 2 of the fair value hierarchy. Examples include certain municipal debt securities, corporate debt securities, agency MBS, and restricted equity securities in public companies. We utilize prices from independent services to corroborate our estimate of fair value. Depending upon the type of security, the pricing service may provide a listed price, a matrix price or use other methods including broker-dealer price quotations.
	The fair value for SBA loan securitizations is determined by utilizing observable prices obtained from a third party pricing service. The third party pricing service provides comparable price evaluations utilizing observable market data for similar securities. We substantiate the prices obtained from the third party pricing service by comparing such prices for a sample of securities to observable market trades obtained from external sources. The instruments valued using these observable inputs are typically classified within Level 2 of the fair value hierarchy.
	RJ Bank maintains a trading portfolio of certain corporate loans, that it originates through the primary syndication market. These trading instruments are recognized as of the trade date and are carried at fair value with the related unrealized and realized gains and losses reflected in net trading profit. These trading instruments are valued using quotes from a third party pricing service. These third party pricing service quotes are based on current market data provided by multiple dealers. The instruments are classified within Level 2 of the fair value hierarchy as the market inputs utilized by the third party pricing service are based upon observable inputs.
	Positions in illiquid securities that do not have readily determinable fair values require significant judgment or estimation. For these securities we use pricing models, discounted cash flow methodologies or similar techniques. Assumptions utilized by these techniques include estimates of future delinquencies, loss severities, defaults and prepayments or redemptions. Securities valued using these techniques are classified within Level 3 of the fair value hierarchy. For certain CMOs, where there has been limited activity or less transparency around significant inputs to the valuation, such as assumptions regarding performance of the underlying mortgages, these securities are currently classified within Level 3 of the fair value hierarchy.
	I/O Strip securities do not trade in an active market with readily observable prices.  Accordingly, we use valuation techniques that consider a number of factors including:  (a) the original cost of the pooled underlying SBA loans from which the I/O Strip securities were created, and any changes from the original to the hypothetical cost of buying similar loans under current market conditions; (b) seasoning of the underlying SBA loans in the pool that back the I/O strip securities; (c)  the type and nature of the pooled SBA loans backing the I/O Strip securities; (d) actual and assumed prepayment rates on the underlying pools of SBA loans; and (e) market data for past trades in comparable I/O Strip securities.  Prices from independent sources are used to corroborate our estimates of fair value.  Our I/O Strip securities are recorded in “other securities” within our trading instruments on our Consolidated Statements of Financial Condition.  These fair value measurements use significant unobservable inputs and accordingly, we classify them as Level 3 of the fair value hierarchy.
	Included within trading instruments (or trading instruments sold but not yet purchased) are to be announced (“TBA”) security contracts with investors for generic MBS securities at specific rates and prices to be delivered on settlement dates in the future. These TBA’s are entered into by RJ&A as a component of a hedging strategy, to hedge interest rate risk that it would otherwise be exposed to as part of a program its fixed income public finance operations offers to certain state and local housing finance agencies (“HFA”). Under this program, RJ&A enters into forward commitments to purchase Government National Mortgage Association (“GNMA”) or Federal National Home Mortgage Association (“FNMA”) MBS.  The MBS securities are issued on behalf of various HFA clients and consist of the mortgages originated through their lending programs.  RJ&A’s forward GNMA or FNMA MBS purchase commitments arise at the time of the loan reservation for a borrower in the HFA lending program (these loan reservations fix the terms of the mortgage, including the interest rate and maximum principal amount).  The underlying terms of the GNMA or FNMA MBS purchase, including the price for the MBS security (which is dependent upon the interest rates associated with the underlying mortgages) are also fixed at loan reservation.  Upon acquisition of the MBS security, RJ&A typically sells such security in open market transactions as part of its fixed income operations.  Given that the actual principal amount of the MBS security is not fixed and determinable at the date of RJ&A’s commitment to purchase, these forward MBS purchase commitments do not meet the definition of a “derivative instrument.” These TBA securities are accounted for at fair value and are classified within Level 1 of the fair value hierarchy.  The TBA securities may aggregate to either a net asset or net liability at any reporting date, depending upon market conditions. The offsetting purchase commitment is accounted for at fair value and is included in either other assets, or other liabilities, depending upon whether the TBA securities aggregate to a net asset or net liability. The fair value of the purchase commitment is classified within Level 3 of the fair value hierarchy.
	Available for sale securities
	Available for sale securities are comprised primarily of MBS, CMOs and other equity securities held predominately by RJ Bank (the “RJ Bank AFS Securities”) and ARS held by a non-broker-dealer subsidiary of RJF (collectively referred to as the “RJF AFS Securities”).
	Interest on the RJF AFS Securities is recognized in interest income on an accrual basis. For the RJ Bank AFS Securities, discounts are accreted and premiums are amortized as an adjustment to yield over the estimated remaining life of the security. A combination of the level factor and straight-line methods is used for such securities, the effect of which does not differ materially from the effective interest method. When a principal reduction occurs on a RJ Bank AFS Security, any related premium or discount is recognized as an adjustment to yield in the results of operations in the period in which the principal reduction occurs.
	Realized gains and losses on sales of any RJF AFS Securities are recognized using the specific identification method and reflected in other revenue in the period they are sold.
	Unrealized gains or losses on any RJF AFS Securities, except for those that are deemed to be other-than-temporary, are recorded through other comprehensive (loss) income and are thereafter presented in equity as a component of AOCI.
	For any RJF AFS Securities in an unrealized loss position at a reporting period end, we make an assessment whether such securities are impaired on an other-than-temporary basis. In order to evaluate our risk exposure and any potential impairment of these securities, on at least a quarterly basis, we review the characteristics of each security owned such as, where applicable, collateral type, delinquency and foreclosure levels, credit enhancement, projected loan losses, collateral coverage, the presence of U.S. government or government agency guarantees, and issuer credit rating. The following factors are considered in order to determine whether an impairment is other-than-temporary: our intention to sell the security, our assessment of whether it is more likely than not that we will be required to sell the security before the recovery of its amortized cost basis, and whether the evidence indicating that we will recover the amortized cost basis of a security in full outweighs evidence to the contrary. Evidence considered in this assessment includes the reasons for the impairment, the severity and duration of the impairment, changes in value subsequent to period end, recent events specific to the issuer or industry and forecasted performance of the security.
	We intend and have the ability to hold the RJF AFS Securities to maturity. We have concluded that it is not more likely than not that we will be required to sell these available for sale securities before the recovery of their amortized cost basis. Those securities whose amortized cost basis we do not expect to recover in full are deemed to be other-than-temporarily impaired and are written down to fair value with the credit loss portion of the write-down recorded as a realized loss in other revenue and the non-credit portion of the write-down recorded, net of deferred taxes, in shareholders’ equity as a component of AOCI. The credit loss portion of the write-down is the difference between the present value of the cash flows expected to be collected and the amortized cost basis of the security.
	For any RJF AFS Securities, we estimate the portion of loss attributable to credit using a discounted cash flow model. For RJ Bank AFS Securities, our discounted cash flow model utilizes relevant assumptions such as prepayment rate, default rate, and loss severity on a loan level basis. These assumptions are subject to change depending on a number of factors such as economic conditions, changes in home prices, delinquency and foreclosure statistics, among others. Events that may trigger material declines in fair values or additional credit losses for these securities in the future would include, but are not limited to, deterioration of credit metrics, significantly higher levels of default and severity of loss on the underlying collateral, deteriorating credit enhancement and loss coverage ratios, or further illiquidity. Expected principal and interest cash flows on the impaired debt security are discounted using the effective interest rate implicit in the security at the time of acquisition. The previous amortized cost basis of the security less the other-than-temporary impairment (“OTTI”) recognized in earnings establishes the new cost basis for the security.
	The fair value of agency and senior non-agency securities included within the RJ Bank AFS Securities is determined by obtaining third party pricing service bid quotations from two independent pricing services. Third party pricing service bid quotations are based on either current market data, or for any securities traded in markets where the trading activity has slowed such as the CMO market, the most recently available market data. The third party pricing services provide comparable price evaluations utilizing available market data for similar securities. The market data the third party pricing services utilize for these price evaluations includes observable data comprised of benchmark yields, reported trades, broker-dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data including market research publications, and loan performance experience. In order to validate that the pricing information used by the primary third party pricing service is observable, we request, on a quarterly basis, some of the key market data available for a sample of senior securities and compare this data to that which we observed in our independent accumulation of market information. Securities valued using these valuation techniques are classified within Level 2 of the fair value hierarchy.
	For senior non-agency securities within the RJ Bank AFS Securities where a significant difference exists between the primary third party pricing service bid quotation and the secondary third party pricing service, we utilize a discounted cash flow analysis to determine which third party price quote is more representative of fair value under the current market conditions. Securities measured using these valuation techniques are generally classified within Level 2 of the fair value hierarchy.
	ARS are long-term variable rate securities tied to short-term interest rates that were intended to be reset through a “Dutch auction” process, which generally occurs every seven to 35 days. Holders of ARS were at one time able to liquidate their holdings to prospective buyers by participating in the auctions. During 2008, the Dutch auction process failed and holders were no longer able to liquidate their holdings through the auction process. The fair value of the ARS holdings is estimated based on internal pricing models. The pricing model takes into consideration the characteristics of the underlying securities, as well as multiple inputs including the issuer and its credit quality, data from any recent trades, the expected timing of redemptions and an estimated yield premium that a market participant would require over otherwise comparable securities to compensate for the illiquidity of the ARS. These inputs require significant management judgment and accordingly, these securities are classified within Level 3 of the fair value hierarchy.
	Derivative contracts
	We enter into interest rate swaps and futures contracts either as part of our fixed income business to facilitate client transactions, to hedge a portion of our trading inventory, or to a limited extent for our own account. These derivatives are accounted for as trading account assets or liabilities and recorded at fair value in the Consolidated Statements of Financial Condition. Any realized or unrealized gains or losses are recorded in net trading profits within the Consolidated Statements of Income and Comprehensive Income with any interest earned thereon recorded in interest income. The fair value of any cash collateral exchanged as part of the interest rate swap contract is netted, by-counterparty, against the fair value of the derivative instrument. The fair value of these interest rate derivative contracts is obtained from internal pricing models that consider current market trading levels and the contractual prices for the underlying financial instruments, as well as time value, yield curve and other volatility factors underlying the positions. Since our model inputs can be observed in a liquid market and the models do not require significant judgment, such derivative contracts are classified within Level 2 of the fair value hierarchy. We utilize values obtained from third party derivatives dealers to corroborate the output of our internal pricing models.
We also facilitate matched book derivative transactions through non-broker-dealer subsidiaries, either Raymond James Financial Products, LLC or Morgan Keegan Capital Services, LLC (collectively referred to as the Raymond James matched book swap subsidiaries or “RJSS”). The only difference in the swap businesses conducted by these two subsidiary entities is that they utilize different third party financial institutions to facilitate the offsetting transaction. RJSS enters into derivative transactions (primarily interest rate swaps) with clients of RJ&A. For every derivative transaction RJSS enters into with a client, it enters into an offsetting transaction with terms that mirror the client transaction, with a credit support provider who is a third party financial institution. Any collateral required to be exchanged under these derivative contracts is administered directly by the client and the third party financial institution. RJSS does not hold any collateral, or administer any collateral transactions, related to these instruments. We record the value of each derivative position held at fair value, as either an asset or an offsetting liability, presented as “derivative instruments associated with offsetting matched book positions”, as applicable, on our Consolidated Statements of Financial Condition. Fair value is determined using an internal model which includes inputs from independent pricing sources to project future cash flows under each underlying derivative contract. The cash flows are discounted to determine the present value. Since any changes in fair value are completely offset by an opposite change in the offsetting transaction position, there is no net impact on our Consolidated Statements of Income and Comprehensive Income from changes in the fair value of these derivative instruments. RJSS recognizes revenue on derivative transactions on the transaction date, computed as the present value of the expected cash flows RJSS expects to receive from the third party financial institution over the life of the derivative contract. The difference between the present value of these cash flows at the date of inception and the gross amount potentially received is accreted to revenue over the term of the contract. The revenue from these transactions is included within other revenues on our Consolidated Statements of Income and Comprehensive Income.
RJ Bank enters into three-month forward foreign exchange contracts to hedge the risk related to their investment in their Canadian subsidiary. These derivatives are recorded at fair value on the Consolidated Statements of Financial Condition, the majority of which are designated as net investment hedges. The effective portion of the related gain or loss is recorded, net of tax, in shareholders’ equity as part of the cumulative translation adjustment component of AOCI with such balance impacting earnings in the event the net investment is sold or substantially liquidated.  Gains and losses on the undesignated derivative instruments as well as amounts representing hedge ineffectiveness are recorded in earnings in the Consolidated Statements of Income and Comprehensive Income.  Hedge effectiveness is assessed at each reporting period using a method that is based on changes in forward rates. The measurement of hedge ineffectiveness is based on the beginning balance of the foreign net investment at the inception of the hedging relationship and performed using the hypothetical derivative method.  However, as the terms of the hedging instrument and hypothetical derivative match at inception, there is no expected ineffectiveness to be recorded in earnings.  The fair value of any cash collateral exchanged as part of the forward exchange contracts is netted, by counterparty, against the fair value of the derivative instrument.
The fair value of RJ Bank’s forward foreign exchange contracts is determined by obtaining valuations from a third party pricing service. These third party valuations are based on observable inputs such as spot rates, foreign exchange rates and both U.S. and Canadian interest rate curves. We validate the observable inputs utilized in the third party valuation model by preparing an independent calculation using a secondary, third party valuation model. These forward foreign exchange contracts are classified within Level 2 of the fair value hierarchy.
Private equity investments
Private equity investments are held primarily in our Other segment and consist of various direct and third party private equity and merchant banking investments, employee investment funds, and various private equity funds which we sponsor.  Private equity investments include various private equity fund investments including Raymond James Employee Investment Funds I and II (collectively, the “Private Funds”). See Note 11 for further discussion of the consolidation of the Raymond James Employee Investment Funds I and II which are variable interest entities. These Private Funds invest in new and developing companies. Our investments in these Private Funds cannot be redeemed directly with the funds; our investment is monetized through distributions received through the liquidation of the underlying assets of those funds. We estimate that the underlying assets of these funds will be liquidated over the life of these funds (typically 10 to 15 years). Approval by the management of these funds is required for us to sell or transfer these investments. Merchant banking investments include ownership interests in private companies with long-term growth potential. These investments are measured at fair value with any changes recognized in other revenue on our Consolidated Statements of Income and Comprehensive Income.
The valuation of these investments requires significant management judgment due to the absence of quoted market prices, inherent lack of liquidity and long-term nature of these assets. As a result, these values cannot be determined with precision and the calculated fair value estimates may not be realizable in a current sale or immediate settlement of the instrument.
Private equity investments are carried at estimated fair value. They are valued initially at the transaction price until significant transactions or developments indicate that a change in the carrying values of these investments is appropriate. The carrying values of these investments are adjusted based on financial performance, investment-specific events, financing and sales transactions with third parties and/or discounted cash flow models incorporating changes in market outlook. Investments in funds structured as limited partnerships are generally valued based on our proportionate share of the net assets of the partnership as provided by the fund manager. Investments valued using these valuation techniques are classified within Level 3 of the fair value hierarchy.
Other investments
Other investments consist primarily of marketable securities we hold that are associated with a deferred compensation program which was formerly sponsored by MK & Co., term deposits with Canadian financial institutions, or investments in other securities arising from the operations of RJ Ltd., and certain investments in limited partnerships (or funds) for which in a number of instances, one of our affiliates serves as the managing member or general partner (see Note 11 for information regarding such funds).
Certain employees, who were at one-time associated with MK & Co., participate in deferred compensation plans. The balances associated with these plans are invested in certain marketable securities that are held by RJF until the vesting date, typically five years from the date of the deferral. A liability associated with these deferrals is reflected as a component of our accrued compensation, commissions and benefits on our Consolidated Statements of Financial Condition. We use quoted prices in active markets to determine the fair value of these investments. Such instruments are classified within Level 1 of the fair value hierarchy.
Canadian financial institution term deposits are recorded at cost which approximates market value. These investments are classified within Level 1 of the fair value hierarchy. Certain other investments in financial instruments held by RJ Ltd. include non-agency ABS that have little, if any, market activity and are measured using our best estimate of fair value, where the inputs into the determination of fair value are both significant to the fair value measurement and unobservable. These valuations require significant judgment or estimation and are classified within Level 3 of the fair value hierarchy.
The valuation of the investments in limited partnerships and funds requires significant management judgment due to the absence of quoted market prices, inherent lack of liquidity and long-term nature of these assets. As a result, these values cannot be determined with precision and the calculated fair value estimates may not be realizable in a current sale or immediate settlement of the instrument. Such instruments are classified within Level 3 of the fair value hierarchy.
Brokerage client receivables, loans to financial advisors and allowance for doubtful accounts
Brokerage client receivables include receivables from the clients of our broker-dealer and asset management subsidiaries. The receivables from broker-dealer clients are principally for amounts due on cash and margin transactions and are generally collateralized by securities owned by the clients. The receivables from asset management clients are primarily for accrued investment advisory fees. Both the receivables from the asset management and broker-dealer clients are reported at their outstanding principal balance, adjusted for any allowance for doubtful accounts. When a broker-dealer receivable is considered to be impaired, the amount of the impairment is generally measured based on the fair value of the securities acting as collateral, which is measured based on current prices from independent sources such as listed market prices or broker-dealer price quotations. Securities beneficially owned by customers, including those that collateralize margin or other similar transactions, are not reflected in our Consolidated Statements of Financial Condition (see Note 19 for additional information regarding this collateral).
We offer loans to financial advisors and certain key revenue producers, primarily for recruiting and retention purposes. These loans are generally repaid over a five to eight year period with interest recognized as earned. There is no fee income associated with these loans. We assess future recoverability of these loans through analysis of individual financial advisor production or other performance standards. In the event that the financial advisor is no longer affiliated with us, any unpaid balance of such loan becomes immediately due and payable to us. In determining the allowance for doubtful accounts related to former employees or independent contractors, management primarily considers our historical collection experience as well as other factors including: any amounts due at termination, the reasons for the terminated relationship, and the former financial advisor’s overall financial position. When the review of these factors indicates that further collection activity is highly unlikely, the outstanding balance of such loan is written-off and the corresponding allowance is reduced. Based upon the nature of these financing receivables, we do not analyze this asset on a portfolio segment or class basis. Further, the aging of this receivable balance is not a determinative factor in computing our allowance for doubtful accounts, as concerns regarding the recoverability of these loans primarily arise in the event that the financial advisor is no longer affiliated with us. We present the outstanding balance of loans to financial advisors on our Consolidated Statements of Financial Condition, net of their applicable allowances for doubtful accounts. The allowance for doubtful accounts balance associated with all of our loans to financial advisors is $2.5 million and $2.8 million at September 30, 2014 and 2013, respectively. Of the September 30, 2014 loans to financial advisors, the portion of the balance associated with financial advisors who are no longer affiliated with us, after consideration of the allowance for doubtful accounts, is approximately $4.6 million.
Securities borrowed and securities loaned
Securities borrowed and securities loaned transactions are reported as collateralized financings and recorded at the amount of collateral advanced or received. In securities borrowed transactions, we are generally required to deposit cash with the lender. With respect to securities loaned, we generally receive collateral in the form of cash in an amount in excess of the market value of securities loaned. We monitor the market value of securities borrowed and loaned on a daily basis, with additional collateral obtained or refunded as necessary (see Note 19 for additional information regarding this collateral).
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Bank loans and allowances for losses
Loans held for investment
Bank loans are comprised of loans originated or purchased by RJ Bank and include commercial and industrial (“C&I”) loans, commercial and residential real estate loans, tax-exempt loans, as well as loans which are fully collateralized by the borrower’s marketable securities. The loans which we have the intent and the ability to hold until maturity or payoff, are recorded at their unpaid principal balance plus any premium paid in connection with the purchase of the loan, less the allowance for loan losses and any discounts received in connection with the purchase of the loan and net of deferred fees and costs on originated loans. Syndicated loans purchased in the secondary market are recognized as of the trade date. Interest income is recognized on an accrual basis.
Loan origination fees and direct costs, as well as premiums and discounts on loans that are not revolving, are capitalized and recognized in interest income using the interest method. For revolving loans, the straight-line method is used based on the contractual term. Loan commitment fees are generally deferred, and when exercised, recognized as a yield adjustment over the life of the loan.
RJ Bank segregates its loan portfolio into six portfolio segments, C&I, commercial real estate (“CRE”), CRE construction, tax-exempt, residential mortgage and securities based loans (“SBL”). These portfolio segments also serve as the portfolio loan classes for purposes of credit analysis, except for residential mortgage loans which are further disaggregated into residential first mortgage and residential home equity classes.
Loans held for sale
Certain residential mortgage loans originated and intended for sale in the secondary market due to their fixed-rate terms are carried at the lower of cost or estimated fair value. The fair value of the residential mortgage loans held for sale are estimated using observable prices obtained from counterparties for similar loans. These nonrecurring fair value measurements are classified within Level 2 of the fair value hierarchy. Gains and losses on sales of these assets are included as a component of other revenue, while interest collected on these assets is included in interest income. Net unrealized losses are recognized through a valuation allowance by charges to income as a component of other revenue in the Consolidated Statements of Income and Comprehensive Income. Corporate loans, which include C&I, CRE, CRE construction and tax-exempt, are designated as held for investment upon inception and recognized in loans receivable. If we subsequently designate a corporate loan as held for sale, which generally occurs as part of a loan workout situation, we then write down the carrying value of the loan with a partial charge-off, if necessary, to carry it at the lower of cost or estimated fair value.
RJ Bank purchases the guaranteed portions of SBA section 7(a) loans and accounts for these loans in accordance with the policy for loans held for sale. RJ Bank then aggregates SBA loans with similar characteristics into pools for securitization and sale to the secondary market. Individual loans may be sold prior to securitization. The determination of the fair value of the SBA loans depend upon their intended disposition. The fair value of the SBA loans to be individually sold are determined based upon their committed sales price. The fair value of loans to be aggregated into pools for securitization which are committed to be sold, are determined based upon third party price quotes. The fair value of all other SBA loans are determined using a third party pricing service. The prices for the SBA loans, other than those committed to be individually sold, are validated by comparing the third party price quote or the third party pricing service prices, as applicable, for a sample of loans to observable market trades obtained from external sources. Once the loans are securitized into a pool, the respective securities are classified as trading instruments and are carried at fair value based on RJ Bank’s intention to sell the securitizations within the near term. Any changes in the fair value of the securitized pools as well as any realized gains or losses earned thereon are reflected in net trading profits. Transfers of the securitizations are all accounted for as sales at settlement date when RJ Bank has surrendered control over the transferred assets. RJ Bank does not retain any interest in the securitizations once they are sold.
Off-balance sheet loan commitments
RJ Bank has outstanding at any time a significant number of commitments to extend credit and other credit-related off-balance sheet financial instruments such as standby letters of credit and loan purchases. RJ Bank’s policy is generally to require customers to provide collateral at the time of closing. The amount of collateral obtained, if it is deemed necessary by RJ Bank upon extension of credit, is based on RJ Bank’s credit evaluation of the borrower. Collateral held varies but may include assets such as: marketable securities, accounts receivable, inventory, real estate, and income-producing commercial properties. The potential credit loss associated with these off-balance sheet loan commitments is accrued and reflected in other liabilities within the Consolidated Statements of Financial Condition. Refer to the allowance for loan losses and reserve for unfunded lending commitments section that follows for a discussion of the reserve calculation methodology.
RJ Bank recognizes the revenue associated with corporate syndicated standby letters of credit, which is generally received quarterly, on a cash basis, the effect of which does not differ materially from recognizing in the period the fee is earned. Unused corporate line fees are accounted for on an accrual basis.
Nonperforming assets
Nonperforming assets are comprised of both nonperforming loans and OREO. Nonperforming loans represent those loans which have been placed on nonaccrual status and loans which have been restructured in a manner that grant a concession to a borrower experiencing financial difficulties; loans with such restructurings are discussed further below. Additionally, any accruing loans which are 90 days or more past due and in the process of collection are considered nonperforming loans.
Loans of all classes are placed on nonaccrual status when we determine that full payment of all contractual principal and interest is in doubt, or the loan is past due 90 days or more as to contractual interest or principal unless the loan, in our opinion, is well-secured and in the process of collection. When a loan is placed on nonaccrual status, the accrued and unpaid interest receivable is written off against interest income and accretion of the net deferred loan origination fees cease. Interest is recognized using the cash method for SBL and residential (first mortgage and home equity) loans and the cost recovery method for corporate loans thereafter until the loan qualifies for return to accrual status. Loans are returned to an accrual status when the loans have been brought contractually current with the original or amended terms and have been maintained on a current basis for a reasonable period, generally six months.
Other real estate acquired in the settlement of loans, including through, or in lieu of, loan foreclosure, is initially recorded at the lower of cost or fair value less estimated selling costs through a charge to the allowance for loan losses, thus establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by RJ Bank and the assets are carried at the lower of the carrying amount or fair value, as determined by a current appraisal, or valuation less estimated costs to sell and are classified as other assets on the Consolidated Statements of Financial Condition. These nonrecurring fair value measurements are classified within Level 2 of the fair value hierarchy. Costs relating to development and improvement of the property are capitalized, whereas those relating to holding the property are charged to operations. Sales of OREO are recorded as of the settlement date and any associated gains or losses are included in other revenue on our Consolidated Statements of Income and Comprehensive Income.
Troubled debt restructurings
A loan restructuring is deemed to be a troubled debt restructuring (“TDR”) if we, for economic or legal reasons related to the borrowers’ financial difficulties, grant a concession we would not otherwise consider. In TDRs, for all classes of loans, the concessions granted, such as interest rate reductions, generally do not reflect current market conditions for a new loan of similar risk made to another borrower in similar financial circumstances. Other concessions for corporate loans may also include the reduction of the guarantor’s liability. For those restructurings of first mortgage and home equity residential mortgage loans which may reflect current market conditions, the concessions granted by RJ Bank are generally interest capitalization, principal forbearance, release of liability ordered under Chapter 7 bankruptcy not reaffirmed by the borrower, or an extension of the interest-only or maturity period. First mortgage and home equity residential mortgage TDRs may be returned to accrual status when there has been a sustained period of six months of satisfactory performance. Corporate TDRs have generally been partially charged-off and, therefore, remain on nonaccrual status until the loan is fully resolved.
Impaired loans
Loans in all classes are considered to be impaired when, based on current information and events, it is probable that RJ Bank will be unable to collect the scheduled payments of principal and interest on a loan when due according to the contractual terms of the loan agreement. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. RJ Bank determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. For individual loans identified as impaired, impairment is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate and taking into consideration the factors described below in relation to the evaluation of the allowance for loan losses, except that as a practical expedient, RJ Bank measures impairment based on the loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. Impaired loans include all corporate nonaccrual loans, all residential mortgage nonaccrual loans for which a charge-off had previously been recorded, and all loans which have been modified in TDRs. Interest income on impaired loans is recognized consistently with the recognition policy of nonaccrual loans.
Allowance for loan losses and reserve for unfunded lending commitments
RJ Bank maintains an allowance for loan losses to provide for probable losses inherent in RJ Bank’s loan portfolio. Loan losses are charged against the allowance when RJ Bank believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance.
RJ Bank has developed policies and procedures for assessing the adequacy of the allowance for loan losses that reflects the assessment of risk considering all available information. In developing this assessment, RJ Bank relies on estimates and exercises judgment in evaluating credit risk. The evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. Depending on changes in circumstances, future assessments of credit risk may yield materially different results from the prior estimates, which may require an increase or a decrease in the allowance for loan losses.
This allowance for loan loss is comprised of two components: allowances calculated based on formulas for homogenous classes of loans collectively evaluated for impairment, and specific allowances assigned to certain classified loans individually evaluated for impairment. These homogeneous classes are a result of management’s disaggregation of the loan portfolio and are comprised of the previously mentioned classes: C&I, CRE, CRE construction, tax-exempt, residential first mortgage, residential home equity, and SBL.
The loans within the corporate classes are assigned to one of several internal loan grades based upon the respective loan’s credit characteristics. The loans within the residential first mortgage, residential home equity, and SBL classes are assigned loan grades equivalent to the loan classifications utilized by bank regulators, dependent on their respective likelihood of loss. We assign each loan grade for all loan classes an allowance percentage based on the perceived risk associated with that grade. The allowance for loan losses for all non-impaired loans is then calculated based on the reserve percentage assigned to the respective loan’s class and grade. The allowance for loan losses for all impaired loans (except those nonaccrual residential first mortgage loans which are collectively evaluated for impairment) is based on an individual evaluation of impairment as previously described in the “Impaired loans” section above.
The qualitative and quantitative factors taken into consideration when assigning the loan grades and allowance percentages to the loans within the corporate loan classes include: estimates of borrower default probabilities and collateral values; trends in delinquencies; volume and terms; changes in geographic distribution, updated loan-to-value (“LTV”) ratios, lending policies, experience, ability and depth of lending management and other relevant staff, local, regional, national and international economic conditions; concentrations of credit risk; past loss history, Shared National Credit (“SNC”) reviews and examination results from bank regulators. Loan grades for individual corporate loans are derived from analyzing two aspects of the risk factors in a particular loan, the obligor rating and the facility (collateral) rating. The obligor rating relates to a borrower’s probability of default and the facility rating is utilized to estimate the anticipated loss given default. These two ratings, which are based on RJ Bank’s internal historical loss data or historical long-term industry loss rates where RJ Bank has limited loss history, are considered in combination with certain management adjustments to derive the final corporate loan grades and allowance percentages. Qualitative factors, while considered and reviewed in establishing the allowance for loan losses, have generally not resulted in any significant quantitative adjustments to allowance percentages.
For SBL, residential first mortgage loan and residential home equity loan classes, the qualitative factors considered when assigning allowance percentages include loan performance trends, loan product parameters and qualification requirements, whether the loan is originated or purchased, borrower credit scores at origination, occupancy (i.e., owner occupied, second home or investment property), documentation level, loan purpose, geographic concentrations, average loan size and loan policy exceptions. These qualitative factors, while considered and reviewed in establishing the allowance for loan losses, have generally not resulted in any quantitative adjustments to RJ Bank’s historical loss rates.
Historical loss rates, a quantitative factor, is utilized when assigning the allowance percentages for SBL, residential first mortgage loans and residential home equity loans, and are derived from estimates of the probability of default and loss given default (severity). These estimated loss rates are based on RJ Bank’s historical loss data, as adjusted by management, from the eight quarters prior to the respective quarter-end. In addition to historical loss rates, one other quantitative factor utilized for the performing residential mortgage loan portfolio is updated LTV ratios. RJ Bank segregates the performing loans in the residential loan classes, on a quarterly basis, based upon updated LTV data. RJ Bank obtains the most recently available information (generally on a quarter-lag) to estimate the current LTV ratios on the individual loans in the residential mortgage loan portfolio. Current LTVs are estimated, on a loan by loan basis, utilizing the initial appraisal obtained at the time of origination, adjusted for housing price changes that have occurred since origination using current valuation indices. The value of the homes could vary from actual market values due to changes in the condition of the underlying property, variations in housing price changes within current valuation indices and other factors. The product of the default and loss severity percentages is then applied to the balance of residential first mortgages and residential home equity loan balances, which have been further stratified by updated LTV in order to calculate the related allowance for loan losses.
As TDRs, regardless of the loan portfolio segment or accrual status, are impaired loans, RJ Bank evaluates its credit risk on an individual loan basis. The amount of impairment recorded on these loans is measured based on the present value of the expected future cash flows discounted at the loan’s effective interest rate, or if collateral dependent, based on the fair value of the collateral, less costs to sell. In addition, all redefaults (60 or more days delinquent subsequent to the loan’s modification date) on TDRs are factored into each portfolio segments’ allowance for loan losses. Qualitative information, such as geographic area and industry for TDRs and redefaulted TDRs, is considered and reviewed in the determination of expected loss rates as discussed above.
RJ Bank reserves for potential losses inherent in its unfunded lending commitments using a methodology similar to that used for loans in the respective portfolio segment, based upon loan grade and expected funding probabilities for fully binding commitments. This will result in some reserve variability over different periods depending upon the mix of the loan portfolio at the time and future funding expectations. All classes of impaired loans which have unfunded lending commitments are analyzed in conjunction with the impaired reserve process described above.
Loan charge-off policies
Corporate loans are monitored on an individual basis, and loan grades are reviewed at least quarterly to ensure they reflect the loan’s current credit risk. When RJ Bank determines that it is likely a corporate loan will not be collected in full, the loan is evaluated for potential impairment. After consideration of the borrower’s ability to restructure the loan, alternative sources of repayment, and other factors affecting the borrower’s ability to repay the debt, the portion of the loan deemed to be a confirmed loss, if any, is charged-off. For collateral-dependent loans secured by real estate, the amount of the loan considered a confirmed loss and charged-off is generally equal to the difference between the recorded investment in the loan and the collateral’s appraised value less estimated costs to sell. In instances where the individual loan under evaluation is agented by another bank, and where the agent bank has not ordered a timely update of an outdated appraisal, RJ Bank may make adjustments to previous appraised values for purposes of calculating specific reserves or taking partial charge-offs. These impaired loans are then considered to be in a workout status and we evaluate, on an ongoing basis, all factors relevant in determining the collectability and fair value of the loan. Appraisals on these impaired loans are obtained early in the impairment process as part of determining fair value and are updated as deemed necessary given the facts and circumstances of each individual situation. Certain factors such as guarantor recourse, additional borrower cash contributions or stable operations will mitigate the need for more frequent than annual appraisals. In its ongoing evaluation of each individual loan, RJ Bank may consider more frequent appraisals in locations where commercial property values are known to be experiencing a greater amount of volatility. For C&I and tax-exempt loans, RJ Bank evaluates all sources of repayment, including the estimated liquidation value of collateral, to arrive at the amount considered to be a loss and charged-off. Corporate banking and credit risk managers also hold a monthly meeting to review criticized loans (loans that are rated special mention or worse as defined by bank regulators, see Note 9 for further discussion). Additional charge-offs are taken when the value of the collateral changes or there is an adverse change in the expected cash flows.
The majority of RJ Bank’s corporate loan portfolio is comprised of participations in either SNCs or other large syndicated loans in the U.S. or Canada. The SNCs are U.S. loan syndications totaling over $20 million that are shared between three or more regulated institutions. Most SNC loans are reviewed annually by the agent bank’s regulator, a process in which the other participating banks have no involvement. Once the SNC annual regulatory review process is complete, RJ Bank receives a summary of the review of these SNC credits from the Office of the Comptroller of the Currency (“OCC”). This summary includes a synopsis of each loan’s regulatory classification, loans that are designated for nonaccrual status and directed charge-offs. RJ Bank must be at least as critical with nonaccrual designations, directed charge-offs, and classifications as the OCC. This ensures that each bank participating in a SNC loan rates the loan at least as critical. Any classification changes may impact RJ Bank’s reserves and charge-offs during the quarter that the SNC information is received from the OCC, however, these differences in classifications are generally minimal given the size of the SNC loan portfolio. The amount of such adjustments depend upon the classification and whether RJ Bank had the loan classified differently (either more or less critically) than the SNC review findings and, therefore, could result in higher, lower, or no change in loan loss provisions than previously recorded. RJ Bank incorporates into its ratings process any observed regulatory trends in the annual SNC exam process, but there will inherently be differences of opinion on individual credits due to the high degree of judgment involved. With respect to its ongoing credit evaluation process of the SNC portfolio, RJ Bank conforms to what it believes will be the regulators’ view of individual credits.
Every residential mortgage loan over 60 days past due is reviewed by RJ Bank personnel monthly and documented in a written report detailing delinquency information, balances, collection status, appraised value and other data points. RJ Bank senior management meets monthly to discuss the status, collection strategy and charge-off/write-down recommendations on every residential mortgage loan over 60 days past due with charge-offs considered on residential mortgage loans once the loans are delinquent 90 days or more and then generally taken before the loan is 120 days past due. A charge-off is taken against the allowance for loan losses for the difference between the loan amount and the amount that RJ Bank estimates will ultimately be collected, based on the value of the underlying collateral less estimated costs to sell. RJ Bank predominantly uses broker price opinions (“BPO”) for these valuations as access to the property is restricted during the collection and foreclosure process and there is insufficient data available for a full appraisal to be performed. BPOs contain relevant and timely sale comparisons and listings in the marketplace and, therefore, we have found these BPOs to be reasonable determinants of market value in lieu of appraisals and more reliable than an automated valuation tool or the use of tax assessed values. A full appraisal is obtained post-foreclosure. RJ Bank takes further charge-offs against the owned asset if an appraisal has a lower valuation than the original BPO, but does not reverse previously charged-off amounts if the appraisal is higher than the original BPO. If a loan remains in pre-foreclosure status for more than nine months, an updated valuation is obtained and further charge-offs are taken against the allowance for loan losses, if necessary.
Other assets
RJ Bank carries investments in stock of the FHLB and the Federal Reserve Bank of Atlanta (the “FRB”) at cost. These investments are held in accordance with certain membership requirements, are restricted, and lack a market. FHLB and FRB stock can only be sold to the issuer or another member institution at its par value. RJ Bank annually evaluates its holdings in FHLB and FRB stock for potential impairment based upon its assessment of the ultimate recoverability of the par value of the stock. This annual evaluation is comprised of a review of the capital adequacy, liquidity position and the overall financial condition of the FHLB and FRB to determine the impact these factors have on the ultimate recoverability of the par value of the respective stock. Impairment evaluations are performed more frequently if events or circumstances indicate there may be impairment. Any cash dividends received are recognized as interest income in the Consolidated Statements of Income and Comprehensive Income.
We maintain investments in a significant number of company-owned life insurance policies utilized to fund certain non-qualified deferred compensation plans and other employee benefit plans (see Notes 24 and 25 for information on the non-qualified deferred compensation plans).  The life insurance policies are carried at cash surrender value as determined by the insurer. See Note 10 for additional information.
Investments in real estate partnerships held by consolidated variable interest entities
Raymond James Tax Credit Funds, Inc., a wholly owned subsidiary of RJF (“RJTCF”), is the managing member or general partner in low-income housing tax credit (“LIHTC”) funds, some of which require consolidation (refer to the separate discussion below of our policies regarding the evaluation of VIEs to determine if consolidation is required). These funds invest in housing project limited partnerships or limited liability companies (“LLCs”) which purchase and develop affordable housing properties qualifying for federal and state low-income housing tax credits. The balance presented is the investment in project partnership balance of all of the LIHTC fund VIEs which require consolidation. Additional information is presented below and in Note 11.
Property and equipment
Property, equipment and leasehold improvements are stated at cost less accumulated depreciation and amortization. Depreciation of assets is primarily provided for using the straight-line method over the estimated useful lives of the assets, which range from two to seven years for software, two to five years for furniture, fixtures and equipment and 10 to 31 years for buildings, building components, building improvements and land improvements. Leasehold improvements are amortized using the straight-line method over the shorter of the remaining lease term or the estimated useful lives of the assets.
Additions, improvements and expenditures that extend the useful life of an asset are capitalized. Expenditures for repairs and maintenance are charged to operations in the period incurred. Gains and losses on disposals of property and equipment are reflected in the Consolidated Statements of Income and Comprehensive Income in the period realized.
Intangible assets
Certain identifiable intangible assets, such as customer relationships, trade names, developed technology we acquire, and non-compete agreements, are amortized over their estimated useful lives on a straight-line method, and are evaluated for potential impairment whenever events or changes in circumstances suggest that the carrying value of an asset or asset group may not be fully recoverable.
The rights to service mortgage loans, known as mortgage servicing rights (“MSRs”), are an intangible asset. Our MSRs arise when RJ Bank sells residential mortgage loans and retains the associated mortgage servicing rights. RJ Bank records the estimated fair value of MSRs and amortizes MSRs in proportion to, and over the period of estimated net servicing revenue. MSRs are assessed for impairment quarterly, based on their fair value, with any impairment recognized in our Consolidated Statements of Income and Comprehensive Income.
Goodwill
Goodwill represents the cost of acquired businesses in excess of the fair value of the related net assets acquired. GAAP does not provide for the amortization of indefinite-life intangible assets such as goodwill. Rather, these assets are subject to an evaluation of potential impairment on an annual basis, or more often if events or circumstances indicate there may be impairment. Goodwill impairment is determined by comparing the estimated fair value of a reporting unit with its respective carrying value. If the estimated fair value exceeds the carrying value, goodwill at the reporting unit level is not deemed to be impaired. However, if the estimated fair value is below carrying value, further analysis is required to determine the amount of the impairment. This further analysis involves assigning tangible assets and liabilities, identified intangible assets and goodwill to reporting units and comparing the fair value of each reporting unit to its carrying amount.
In the course of our evaluation of the potential impairment of goodwill, we may perform either a qualitative or a quantitative assessment. Our qualitative assessment of potential impairment may result in the determination that a quantitative impairment analysis is not necessary. Under this elective process, we assess qualitative factors to determine whether the existence of events or circumstances leads us to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If after assessing the totality of events or circumstances, we determine it is more likely than not that the fair value of a reporting unit is greater than its carrying amount, then performing a quantitative analysis is not required. However, if we conclude otherwise, then we perform a quantitative impairment analysis.
If we either choose not to perform a qualitative assessment, or we choose to perform a qualitative assessment but are unable to qualitatively conclude that no impairment has occurred, then we perform a quantitative evaluation. In the case of a quantitative assessment, we estimate the fair value of the reporting unit which the goodwill that is subject to the quantitative analysis is associated (generally defined as the businesses for which financial information is available and reviewed regularly by management) and compare it to the carrying value. If the estimated fair value of a reporting unit is less than its carrying value, we estimate the fair value of all assets and liabilities of the reporting unit, including goodwill. If the carrying value of the reporting unit’s goodwill is greater than the estimated fair value, an impairment charge is recognized for the excess.
We have elected December 31 as our annual goodwill impairment evaluation date (see Note 13 for additional information regarding the outcome of our goodwill impairment assessments).
Legal liabilities
We recognize liabilities for contingencies when there is an exposure that, when fully analyzed, indicates it is both probable that a liability has been incurred and the amount of loss can be reasonably estimated. Whether a loss is probable, and if so, the estimated range of possible loss, is based upon currently available information and is subject to significant judgment, a variety of assumptions, and uncertainties. When a range of possible loss can be estimated, we accrue the most likely amount within that range; if the most likely amount of possible loss within that range is not determinable, we accrue a minimum based on the range of possible loss. No liability is recognized for those matters which, in managements judgment, the determination of a reasonable estimate of loss is not possible.
We record liabilities related to legal proceedings in trade and other payables on our Consolidated Statements of Financial Condition. The determination of these liability amounts requires significant judgment on the part of management. Management considers many factors including, but not limited to: the amount of the claim; the amount of the loss in the client’s account; the basis and validity of the claim; the possibility of wrongdoing on the part of one of our employees or financial advisors; previous results in similar cases; and legal precedents and case law. Each legal proceeding is reviewed with counsel in each accounting period and the liability balance is adjusted as deemed appropriate by management. Any change in the liability amount is recorded in the consolidated financial statements and is recognized as either a charge, or a credit, to net income in that period. The actual costs of resolving legal proceedings may be substantially higher or lower than the recorded liability amounts for those matters. We expense our cost of defense related to such matters in the period they are incurred.
Share-based compensation
We account for share-based awards through the measurement and recognition of compensation expense for all share-based payment awards made to employees and directors based on estimated fair values. The compensation cost is recognized over the requisite service period of the awards and is calculated as the market value of the awards on the date of the grant. See Note 24 for additional information. In addition, we account for share-based awards to our independent contractor financial advisors in accordance with guidance applicable to accounting for equity instruments that are issued to other than employees for acquiring, or in conjunction with selling, goods or services and guidance applicable to accounting for derivative financial instruments indexed to, and potentially settled in, a company’s own stock. Share-based awards granted to our independent contractor financial advisors are measured at their vesting date fair value and their fair value estimated at reporting dates prior to that time. The compensation expense recognized each period is based on the most recent estimated value. Further, we classify these non-employee awards as liabilities at fair value upon vesting, with changes in fair value reported in earnings until these awards are exercised or forfeited. For purposes of measuring compensation expense these awards are revalued at each reporting date. See Note 25 for additional information. Compensation expense is recognized for all share-based compensation with future service requirements over the requisite service period using the straight-line method, and in certain instances, the graded attribution method.
Deferred compensation plans
We maintain various deferred compensation plans for the benefit of certain employees and independent contractors that provide a return to the participant based upon the performance of various referenced investments. For certain of these plans, we invest directly, as a principal in such investments, related to our obligations to perform under the deferred compensation plans (see the “Other Investments” discussion within the financial instruments owned, financial instruments sold but not yet purchased and fair value section of this Note 2 for further discussion of these assets). For other such plans, including our Long Term Incentive Plan (“LTIP”) and our Wealth Accumulation Plan, we purchase and hold life insurance on the lives of certain current and former participants to earn a competitive rate of return for participants and to provide a source of funds available to satisfy our obligations under the plan (see Note 10 for information regarding the carrying value of such policies). Compensation expense is recognized for all awards made under such plans with future service requirements over the requisite service period using the straight-line method. Changes in the value of the company-owned life insurance and other investments, as well as the expenses associated with the related deferred compensation plans, are recorded in compensation, commissions and benefits expense on our Consolidated Statements of Income and Comprehensive Income. See Notes 24 and 25 for additional information.
Leases
We lease office space and equipment under operating leases. We recognize rent expense related to these operating leases on a straight-line basis over the lease term. The lease term commences on the earlier of the date when we become legally obligated for the rent payments or the date on which we take possession of the property. For tenant improvement allowances and rent holidays, we record a deferred rent liability in other liabilities on our Consolidated Statements of Financial Condition and amortize the deferred rent over the lease term as a reduction to rent expense in the Consolidated Statements of Income and Comprehensive Income. In instances where the office space or equipment under an operating lease will be abandoned prior to the expiration of the lease term (these instances primarily result from the effects of acquisitions), we accrue an estimate of any projected loss in the Consolidated Statements of Income and Comprehensive Income at the time such abandonment is known and any loss is estimable.
Acquisition related expense
Acquisition related expenses are recorded in the Consolidated Statement of Income and Comprehensive Income and include certain incremental expenses associated with our acquisition transactions (predominately associated with our Morgan Keegan acquisition), as well as incremental costs to integrate our operations and those of Morgan Keegan. These costs do not represent recurring costs within the fully integrated combined organization.
Foreign currency translation
We consolidate our foreign subsidiaries and certain joint ventures in which we hold an interest. The statement of financial condition of the subsidiaries and joint ventures we consolidate are translated at exchange rates as of the period end. The statements of income are translated either at an average exchange rate for the period, or in the case of foreign subsidiaries of RJ Bank, at the exchange rate in effect on the date which transactions occur. The gains or losses resulting from translating foreign currency financial statements into U.S. dollars are included in other comprehensive (loss) income and are thereafter presented in equity as a component of AOCI. The translation gains or losses related to RJ Bank’s U.S. subsidiaries’ net investment in their Canadian subsidiary are tax affected to the extent the Canadian subsidiary’s earnings will be repatriated to the U.S.
Income taxes
The objectives of accounting for income taxes are to recognize the amount of taxes payable or refundable for the current year. We utilize the asset and liability method to provide income taxes on all transactions recorded in the consolidated financial statements. This method requires that income taxes reflect the expected future tax consequences of temporary differences between the carrying amounts of assets or liabilities for book and tax purposes. Accordingly, a deferred tax asset or liability for each temporary difference is determined based on the tax rates that we expect to be in effect when the underlying items of income and expense are realized. Judgment is required in assessing the future tax consequences of events that have been recognized in our financial statements or tax returns, including the repatriation of undistributed earnings of foreign subsidiaries. Variations in the actual outcome of these future tax consequences could materially impact our financial position, results of operations, or liquidity. See Note 20 for further information on our income taxes.
Earnings per share (“EPS”)
Basic EPS is calculated by dividing earnings available to common shareholders by the weighted-average number of common shares outstanding. Earnings available to common shareholders’ represents Net Income Attributable to Raymond James Financial, Inc. reduced by the allocation of earnings and dividends to participating securities. Diluted EPS is similar to basic EPS, but adjusts for the dilutive effect of outstanding stock options by application of the treasury stock method.
Evaluation of VIEs to determine whether consolidation is required
A VIE requires consolidation by the entity’s primary beneficiary. Examples of entities that may be VIEs include certain legal entities structured as corporations, partnerships or limited liability companies.
We evaluate all of the entities in which we are involved to determine if the entity is a VIE and if so, whether we hold a variable interest and are the primary beneficiary. We hold variable interests in the following VIE’s: Raymond James Employee Investment Funds I and II (the “EIF Funds”), a trust fund established for employee retention purposes (“Restricted Stock Trust Fund”), certain LIHTC funds (“LIHTC Funds”), various other partnerships and LLCs involving real estate (“Other Real Estate Limited Partnerships and LLCs”), certain new market tax credit funds (“NMTC Funds”), and certain funds formed for the purpose of making and managing investments in securities of other entities (“Managed Funds”).
Determination of the primary beneficiary of a VIE
We assess VIEs for consolidation when we hold variable interests in the entity. We consolidate the VIEs that are subject to assessment when we are deemed to be the primary beneficiary of the VIE. Other than for the Managed Funds whose process is discussed separately, the process for determining whether we are the primary beneficiary of the VIE is to conclude whether we are a party to the VIE holding a variable interest that meets both of the following criteria: (1) has the power to make decisions that most significantly affect the economic performance of the VIE, and (2) has the obligations to absorb losses or the right to receive benefits that in either case could potentially be significant to the VIE.
EIF Funds
The EIF Funds are limited partnerships for which we are the general partner. The EIF Funds invest in certain of our private equity activities as well as other unaffiliated venture capital limited partnerships. The EIF Funds were established as compensation and retention measures for certain of our key employees. We are deemed to be the primary beneficiary and, accordingly, we consolidate the EIF Funds.
Restricted Stock Trust Fund
We utilize a trust in connection with certain of our restricted stock unit awards. This trust fund was established and funded for the purpose of acquiring our common stock in the open market to be used to settle restricted stock units granted as a retention vehicle for certain employees of our Canadian subsidiary. We are deemed to be the primary beneficiary and, accordingly, consolidate this trust fund.
LIHTC Funds
RJTCF is the managing member or general partner in a number of LIHTC Funds having one or more investor members or limited partners. These low-income housing tax credit funds are organized as LLCs or limited partnerships for the purpose of investing in a number of project partnerships, which are limited partnerships or LLCs that in turn purchase and develop low-income housing properties qualifying for tax credits.
Our determination of the primary beneficiary of each tax credit fund in which RJTCF has a variable interest requires judgment and is based on an analysis of all relevant facts and circumstances, including: (1) an assessment of the characteristics of RJTCF’s variable interest and other involvement it has with the tax credit fund, including involvement of related parties and any de facto agents, as well as the involvement of other variable interest holders, namely, limited partners or investor members, and (2) the tax credit funds’ purpose and design, including the risks that the tax credit fund was designed to create and pass through to its variable interest holders. In the design of tax credit fund VIEs, the overriding premise is that the investor members invest solely for tax attributes associated with the portfolio of low-income housing properties held by the fund, while RJTCF, as the managing member or general partner of the fund, is responsible for overseeing the fund’s operations.
Non-guaranteed low-income housing tax credit funds
As the managing member or general partner of the fund, except for one guaranteed fund discussed below, RJTCF does not provide guarantees related to the delivery or funding of tax credits or other tax attributes to the investor members or limited partners of tax credit funds. The investor member(s) or limited partner(s) of the VIEs bear the risk of loss on their investment. Additionally, under the tax credit funds’ designed structure, the investor member(s) or limited partner(s) receive nearly all of the tax credits and tax-deductible loss benefits designed to be delivered by the fund entity, as well as a majority of any proceeds upon a sale of a project partnership held by a tax credit fund (fund level residuals). RJTCF earns fees from the fund for its services in organizing the fund, identifying and acquiring the project partnership investments, ongoing asset management fees, and a share of any residuals arising from sale of project partnerships upon the termination of the fund.
The determination of whether RJTCF is the primary beneficiary of any of the non-guaranteed LIHTC Funds in which it holds a variable interest is primarily dependent upon: (1) the analysis of whether the other variable interest holders in the tax credit fund hold significant participating rights over the activities that most significantly impact the tax credit funds’ economic performance, and/or (2) whether RJTCF has an obligation to absorb losses of, or the right to receive benefits from, the tax credit fund VIE which could potentially be significant to the fund.
RJTCF sponsors two general types of non-guaranteed tax credit funds: either non-guaranteed single investor funds, or non-guaranteed multi-investor funds. In single investor funds, RJTCF has concluded that the one single investor member or limited partner in such funds has significant participating rights over the activities that most significantly impact the economics of the fund, resulting in a conclusion of shared power with the limited partner. Therefore RJTCF, as managing member or general partner of such funds, is not the one party with power over such activities and resultantly is not deemed to be the primary beneficiary of such single investor funds and these funds are not consolidated.
In multi-investor funds, RJTCF has concluded that since the participating rights over the activities that most significantly impact the economics of the fund are not held by one single investor member or limited partner, RJTCF is deemed to have the power over such activities. RJTCF then assesses whether its projected benefits to be received from the multi-investor funds, primarily from ongoing asset management fees or its share of any residuals upon the termination of the fund, are potentially significant to the fund. RJTCF is deemed to be the primary beneficiary, and therefore consolidates, any multi-investor fund for which it concludes that such benefits are potentially significant to the fund.
Among the LIHTC Fund entities evaluated, RJTCF determined that some of the LIHTC Funds it sponsors are not VIEs. These funds are either: (1) funds which RJTCF holds a significant interest (one of which typically holds interests in certain tax credit limited partnerships for less than 90 days, or until beneficial interest in the limited partnership or fund is sold to third parties), or (2) are single investor LIHTC Funds in which RJTCF holds an interest, but the LIHTC Fund does not meet the VIE determination criteria.
Direct investments in LIHTC project partnerships
RJ Bank is the investor member of a LIHTC fund in which a subsidiary of RJTCF is the managing member. This LIHTC fund is an investor member in certain LIHTC project partnerships. We evaluate the appropriate accounting for these investments after aggregating RJ Bank and RJTCF’s interests and roles in the LIHTC fund. Since unrelated third parties are the managing member of the investee project partnerships, we have determined that consolidation of these project partnerships is not required; we account for these investments under the equity method. The carrying value of these project partnerships is included in other assets on our Consolidated Statements of Financial Condition.
Guaranteed LIHTC fund
In conjunction with one of the multi-investor tax credit funds in which RJTCF is the managing member, RJTCF has provided the investor members with a guaranteed return on their investment in the fund (the “Guaranteed LIHTC Fund”). As a result of this guarantee obligation, RJTCF has determined that it is the primary beneficiary of, and accordingly consolidates, this guaranteed multi-investor fund.
Other real estate limited partnerships and LLCs
We have a variable interest in several limited partnerships involved in various real estate activities in which one of our subsidiaries is either the general partner or a limited partner. Given that we do not have the power to direct the activities that most significantly impact the economic performance of these partnerships or LLCs, we have determined that we are not the primary beneficiary of these VIEs. Accordingly, we do not consolidate these partnerships or LLCs.
New market tax credit funds
An entity which was at one time an affiliate of Morgan Keegan is the managing member of a number of NMTC Funds. NMTC Funds are organized as LLC’s for the purpose of investing in eligible projects in qualified low-income areas or that serve qualified targeted populations. In return for making a qualified equity investment into the NMTC Fund, the Fund’s investor member receives tax credits eligible to apply against their federal tax liability. These new market tax credits are taken by the investor member over a seven year period.
Each of these NMTC Funds have one investor member. We have concluded that in each of the NMTC Funds, the investor member of such funds has significant participating rights over the activities that most significantly impact the economics of the NMTC Fund and, therefore, our affiliate as the managing member of the NMTC Fund does not have the power over such activities. Accordingly, we are not deemed to be the primary beneficiary of these NMTC Funds and, therefore, they are not consolidated.
Managed Funds
The Managed Funds are VIEs in which one of our subsidiaries serves as the general partner. The Managed Funds satisfy the conditions for deferral of the determination of who is the primary beneficiary that is performed based upon the assessment of who has the power to direct the activities of the entity that most significantly impact the entity’ s economic performance and the obligation to absorb losses of the entity that could potentially be significant to the entity. The deferral criteria which the Managed Funds meet are: 1) these funds’ primary business activity involves investment in the securities of other entities not under common management for current income, appreciation or both; 2) ownership in the funds is represented by units of investments to which proportionate shares of net assets can be attributed; 3) the assets of the funds are pooled to avail owners of professional management; 4) the funds are the primary reporting entities; and 5) the funds do not have an obligation (explicit or implicit) to fund losses of the entities that could be potentially significant.
For the Managed Funds, our primary beneficiary assessment applies prior accounting guidance which assesses who will absorb a majority of the entity’s expected losses, receive a majority of the entity’s expected residual returns, or both. Based upon the outcome of our assessments, we have determined that we are not required to consolidate the Managed Funds.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
ACQUISITIONS	'
	ACQUISITIONS
	Acquisition during fiscal year 2013
	On December 24, 2012, (the “ClariVest Acquisition Date”) we completed our acquisition of a 45% interest in ClariVest. On the ClariVest Acquisition Date, we paid approximately $8.8 million in cash to the sellers for our interest. During fiscal year 2014, we performed an “earn-out” computation based upon the actual earnings of ClariVest during the one year period since the ClariVest Acquisition Date and paid additional cash consideration of approximately $2 million to the sellers.
	As a result of certain protective rights we have under the operating agreement with ClariVest, we are consolidating ClariVest in our financial statements as of the ClariVest Acquisition Date. In addition, a put and call agreement was entered into on the ClariVest Acquisition Date that provides our Eagle subsidiary with various paths to majority ownership in ClariVest, the timing of which would depend upon the financial results of ClariVest’s business and the tenure of existing ClariVest management. The results of operations of ClariVest have been included in our results prospectively since December 24, 2012. For purposes of certain acquisition related financial reporting requirements, the ClariVest acquisition is not considered to be material to our overall financial condition.
	See Note 13 for information regarding the identifiable intangible assets we recorded as a result of the ClariVest acquisition.
	Acquisition during fiscal year 2012
	As of the Closing Date, we applied the acquisition method of accounting to our acquisition of Morgan Keegan. In February 2013, we successfully completed the transfer of client accounts from MK & Co. to RJ&A and as a result, commenced operating all of the retained historical MK & Co. operations under one (the RJ&A) platform.
	Net assets acquired and consideration paid
	Under the terms of the Stock Purchase Agreement (the “SPA”), on the Closing Date RJF paid Regions approximately $1.2 billion in cash in exchange for the Morgan Keegan shares. This purchase price represented a $230 million premium over a preliminary estimate of tangible book value at closing of $970 million.   Subsequent to the Closing Date, the parties to the SPA determined the final closing date tangible book value and Regions paid us approximately $23 million in settlement of the final purchase price. The total cash flow impact during fiscal year 2012 of a use of cash of $1.1 billion results from the $1.2 billion cash payment on the Closing Date offset by Morgan Keegan’s Closing Date cash balance of $114 million and the $23 million purchase price adjustment paid to RJF by Regions resulting from the determination of the Closing Date tangible book value of Morgan Keegan.
	Goodwill
	The remaining consideration, after adjusting for the identified intangible assets and the net assets and liabilities recorded at fair value, is $230 million, which represents synergies resulting from combining the businesses, and is allocated to goodwill.
	We elected to write-up to fair value, the tax basis of the acquired assets and liabilities assumed. As a result of this tax election, $65 million of the net deferred tax asset balance of Morgan Keegan as of the Closing Date is included in our allocation to goodwill. The goodwill arising from this transaction is attributable to our private client group and our capital markets segments.
	See Note 13 for more information regarding the goodwill and identifiable intangible assets related to this acquisition.
	Other items of significance
	During April, 2012, and concurrent with the closing of the transaction, RJF made approximately $136 million of loans to Morgan Keegan financial advisors, issued approximately 1.5 million restricted stock units to certain key Morgan Keegan revenue producers (see Note 24 for additional information on our employee benefit plans) and RJF executed employment agreements with certain key members of the Morgan Keegan management team as part of an employee retention program.
	In addition to customary indemnity for breaches of representations and warranties and covenants, the SPA also provides that Regions will indemnify RJF for losses incurred in connection with legal proceedings pending as of the closing date or commenced after the closing date and related to pre-closing matters. With respect to the indemnification pertaining to most breaches of representations and warranties and covenants, there is no indemnification for the first $9 million of aggregate losses, and thereafter indemnification is subject to a maximum amount equal to 15% of the purchase price. With respect to representations regarding certain fundamental matters and with respect to legal proceedings pending as of the Closing Date, such matters are not subject to any annual indemnification deductible or cap. Indemnification for legal proceedings commenced after the closing is subject to an aggregate annual $2 million indemnification deductible, after which RJF is entitled to receive the full amount of all such losses incurred in excess of $2 million, for the three years after the Closing Date.
	On the Closing Date, certain subsidiaries of RJF entered into a credit agreement (the “Regions Credit Agreement”) with Regions Bank, an Alabama banking corporation (the “Regions Bank”).  On November 14, 2012, the outstanding balance on the Regions Credit Agreement was repaid, and a new credit agreement was executed with Regions Bank. See Note 15 for information regarding this borrowing.
	Acquisition related expenses
	Acquisition related expenses are recorded in the Consolidated Statement of Income and Comprehensive Income and include certain incremental expenses arising from our acquisitions. Acquisition related expenses in fiscal year 2014 are no longer material for separate disclosure since our integration of Morgan Keegan was substantially complete as of September 30, 2013. In prior years, we incurred the following acquisition related expenses:
			Year ended September 30,
			2013		2012
			(in thousands)
	Information systems integration and conversion costs (1)		$	33,021	$	14,542
	Occupancy and equipment (2)		15,999		4,803
	Severance (3)		12,734		18,729
	Temporary services		4,106		1,128
	Financial advisory fees		1,176		7,040
	Legal		476		2,267
	Bridge financing agreement fees		—		5,684
	Other integration costs		5,942		5,091
	Total acquisition related expenses		$	73,454	$	59,284
	-1	Includes equipment costs related to the disposition of information systems equipment, and temporary services incurred specifically related to the information systems conversion.
	-2	Includes lease costs associated with the abandonment of certain facilities resulting from the Morgan Keegan acquisition.
	-3	Represents all costs associated with eliminating positions as a result of the Morgan Keegan acquisition, partially offset by the favorable impact arising from the forfeiture of any unvested accrued benefits.

CASH_AND_CASH_EQUIVALENTS_ASSE

CASH AND CASH EQUIVALENTS, ASSETS SEGREGATED PURSUANT TO REGULATIONS AND DEPOSITS WITH CLEARING ORGANIZATIONS	12 Months Ended
	Sep. 30, 2014
Cash and Cash Equivalents [Abstract]	'
CASH AND CASH EQUIVALENTS, ASSETS SEGREGATED PURSUANT TO REGULATIONS AND DEPOSITS WITH CLEARING ORGANIZATIONS	'
	CASH AND CASH EQUIVALENTS, ASSETS SEGREGATED PURSUANT TO REGULATIONS, AND DEPOSITS WITH CLEARING ORGANIZATIONS
	Our cash and cash equivalents, assets segregated pursuant to regulations and other segregated assets, and deposits with clearing organization balances are as follows:
		September 30,
		2014		2013
		(in thousands)
	Cash and cash equivalents:
	Cash in banks	$	2,195,683	$	2,593,890
	Money market fund investments	3,380		2,726
	Total cash and cash equivalents (1)	2,199,063		2,596,616
	Cash segregated pursuant to federal regulations and other segregated assets (2)	2,489,264		4,064,827
	Deposits with clearing organizations (3)	150,457		126,405
		$	4,838,784	$	6,787,848
	-1	The total amounts presented include cash and cash equivalents of $1.21 billion and $1.02 billion as of September 30, 2014 and 2013, respectively, which are either held directly by RJF in depository accounts at third party financial institutions, held in a depository account at RJ Bank, or are otherwise invested by one of our subsidiaries on behalf of RJF, all of which are available without restrictions.
	-2	Consists of cash maintained in accordance with Rule 15c3-3 under the Securities Exchange Act of 1934. RJ&A as a broker-dealer carrying client accounts, is subject to requirements related to maintaining cash or qualified securities in segregated reserve accounts for the exclusive benefit of its’ clients. Additionally, RJ Ltd. is required to hold client Registered Retirement Savings Plan funds in trust.
	-3	Consists of deposits of cash and cash equivalents or other short-term securities held by other clearing organizations or exchanges.

FAIR_VALUE

FAIR VALUE	12 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
FAIR VALUE	'
	FAIR VALUE
	Assets and liabilities measured at fair value on a recurring and nonrecurring basis are presented below:
	September 30, 2014		Quoted prices				Significant				Significant				Netting				Balance as of
			in active				other				unobservable				adjustments (2)				September 30,
			markets for				observable				inputs								2014
			identical				inputs				(Level 3)
			assets				(Level 2) (1)
			(Level 1) (1)
			(in thousands)
	Assets at fair value on a recurring basis:
	Trading instruments:
	Municipal and provincial obligations		$	11,407			$	192,482			$	—			$	—			$	203,889
	Corporate obligations		1,989				109,939				—				—				111,928
	Government and agency obligations		7,376				93,986				—				—				101,362
	Agency MBS and CMOs		247				127,172				—				—				127,419
	Non-agency CMOs and ABS		—				58,364				11				—				58,375
	Total debt securities		21,019				581,943				11				—				602,973
	Derivative contracts		—				89,923				—				(61,718		)		28,205
	Equity securities		28,834				5,264				44				—				34,142
	Corporate loans		—				990				—				—				990
	Other		566				10,208				2,309				—				13,083
	Total trading instruments		50,419				688,328				2,364				(61,718		)		679,393
	Available for sale securities:
	Agency MBS and CMOs		—				267,720				—				—				267,720
	Non-agency CMOs		—				91,918				—				—				91,918
	Other securities		1,916				—				—				—				1,916
	ARS:
	Municipals		—				—				86,696			(3)	—				86,696
	Preferred securities		—				—				114,039				—				114,039
	Total available for sale securities		1,916				359,638				200,735				—				562,289
	Private equity investments		—				—				211,666			(4)	—				211,666
	Other investments (5)		212,753				1,267				1,731				—				215,751
	Derivative instruments associated with offsetting matched book positions		—				323,337				—				—				323,337
	Other assets:
	Derivative contracts		—				2,462				—				—				2,462
	Other assets		—				—				787			(6)	—				787
	Total other assets		—				2,462				787				—				3,249
	Total assets at fair value on a recurring basis		$	265,088			$	1,375,032			$	417,283			$	(61,718	)		$	1,995,685
	Assets at fair value on a nonrecurring basis:
	Bank loans, net:
	Impaired loans		$	—			$	34,799			$	55,528			$	—			$	90,327
	Loans held for sale (7)		—				22,611				—				—				22,611
	Total bank loans, net		—				57,410				55,528				—				112,938
	OREO (8)		—				768				—				—				768
	Total assets at fair value on a nonrecurring basis		$	—			$	58,178			$	55,528			$	—			$	113,706
	(continued on next page)
	September 30, 2014		Quoted prices				Significant				Significant				Netting				Balance as of
			in active				other				unobservable				adjustments (2)				September 30,
			markets for				observable				inputs								2014
			identical				inputs				(Level 3)
			assets				(Level 2) (1)
			(Level 1) (1)
			(in thousands)
			(continued from previous page)
	Liabilities at fair value on a recurring basis:
	Trading instruments sold but not yet purchased:
	Municipal and provincial obligations		$	11,093			$	554			$	—			$	—			$	11,647
	Corporate obligations		29				15,304				—				—				15,333
	Government obligations		187,424				—				—				—				187,424
	Agency MBS and CMOs		738				—				—				—				738
	Total debt securities		199,284				15,858				—				—				215,142
	Derivative contracts		—				75,668				—				(63,296		)		12,372
	Equity securities		10,884				2				—				—				10,886
Total trading instruments sold but not yet purchased		210,168				91,528				—				(63,296		)		238,400
Derivative instruments associated with offsetting matched book positions		—				323,337				—				—				323,337
Other liabilities		—				—				58				—				58
Total liabilities at fair value on a recurring basis		$	210,168			$	414,865			$	58			$	(63,296	)		$	561,795
-1	We had $800 thousand in transfers of financial instruments from Level 1 to Level 2 during the year ended September 30, 2014.  These transfers were a result of a decrease in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. We had $1.3 million in transfers of financial instruments from Level 2 to Level 1 during the year ended September 30, 2014.  These transfers were a result of an increase in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement.  Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
-2	Where permitted, we have elected to net derivative receivables and derivative payables and the related cash collateral received and paid when a legally enforceable master netting agreement exists. See Note 19 for additional information regarding offsetting financial instruments.
-3	Includes $58 million of Jefferson County, Alabama Limited Obligation School Warrants ARS.
-4	The portion of these investments we do not own is approximately $55 million as of September 30, 2014 and are included as a component of noncontrolling interest in our Consolidated Statements of Financial Condition. The weighted average portion we own is approximately $157 million or 74% of the total private equity investments of $212 million included in our Consolidated Statements of Financial Condition.
-5	Other investments include $144 million of financial instruments that are related to MK & Co.’s obligations to perform under certain of its historic deferred compensation plans (see Note 2 and Note 24 for further information regarding these plans).
-6	Includes forward commitments to purchase GNMA or FNMA MBS arising from our fixed income public finance operations (see Note 21 for additional information regarding these commitments) and to a much lesser extent, other certain commitments.
-7	Includes individual loans classified as held for sale, which were recorded at a fair value lower than cost.
-8	Represents the fair value of foreclosed properties which were measured at a fair value subsequent to their initial classification as OREO. The recorded value in the Consolidated Statements of Financial Condition is net of the estimated selling costs.
September 30, 2013		Quoted prices				Significant				Significant				Netting				Balance as of
		in active				other				unobservable				adjustments (2)				September 30,
		markets for				observable				inputs								2013
		identical				inputs				(Level 3)
		assets				(Level 2) (1)
		(Level 1) (1)
		(in thousands)
Assets at fair value on a recurring basis:
Trading instruments:
Municipal and provincial obligations		$	10			$	202,816			$	—			$	—			$	202,826
Corporate obligations		833				59,573				—				—				60,406
Government and agency obligations		6,408				106,988				—				—				113,396
Agency MBS and CMOs		155				92,994				—				—				93,149
Non-agency CMOs and ABS		—				16,957				14				—				16,971
Total debt securities		7,406				479,328				14				—				486,748
Derivative contracts		—				89,633				—				(61,524		)		28,109
Equity securities		48,749				4,231				35				—				53,015
Other		1,413				6,464				3,956				—				11,833
Total trading instruments		57,568				579,656				4,005				(61,524		)		579,705
Available for sale securities:
Agency MBS and CMOs		—				326,029				—				—				326,029
Non-agency CMOs		—				128,943				78				—				129,021
Other securities		2,076				—				—				—				2,076
ARS:
Municipals		—				—				130,934			(3)	—				130,934
Preferred securities		—				—				110,784				—				110,784
Total available for sale securities		2,076				454,972				241,796				—				698,844
Private equity investments		—				—				216,391			(4)	—				216,391
Other investments (5)		241,627				2,278				4,607				—				248,512
Derivative instruments associated with offsetting matched book positions		—				250,341				—				—				250,341
Other receivables		—				—				2,778			(6)	—				2,778
Other assets		—				—				15				—				15
Total assets at fair value on a recurring basis		$	301,271			$	1,287,247			$	469,592			$	(61,524	)		$	1,996,586
Assets at fair value on a nonrecurring basis: (7)
Bank loans, net
Impaired loans		$	—			$	33,187			$	59,868			$	—			$	93,055
Loans held for sale (8)		—				28,119				—				—				28,119
Total bank loans, net		—				61,306				59,868				—				121,174
OREO (9)		—				209				—				—				209
Total assets at fair value on a nonrecurring basis		$	—			$	61,515			$	59,868			$	—			$	121,383
(continued on next page)
September 30, 2013		Quoted prices				Significant				Significant				Netting				Balance as of
		in active				other				unobservable				adjustments (2)				September 30,
		markets for				observable				inputs								2013
		identical				inputs				(Level 3)
		assets				(Level 2) (1)
		(Level 1) (1)
		(in thousands)
		(continued from previous page)
Liabilities at fair value on a recurring basis:
Trading instruments sold but not yet purchased:
Municipal and provincial obligations		$	165			$	1,612			$	—			$	—			$	1,777
Corporate obligations		30				9,081				—				—				9,111
Government obligations		169,816				—				—				—				169,816
Agency MBS and CMOs		3,068				—				—				—				3,068
Total debt securities		173,079				10,693				—				—				183,772
Derivative contracts		—				74,920				—				(69,279		)		5,641
Equity securities		31,151				92				—				—				31,243
Total trading instruments sold but not yet purchased		204,230				85,705				—				(69,279		)		220,656
Derivative instruments associated with offsetting matched book positions		—				250,341				—				—				250,341
Trade and other payables:
Derivative contracts		—				714				—				—				714
Other liabilities		—				—				60				—				60
Total trade and other payables		—				714				60				—				774
Total liabilities at fair value on a recurring basis		$	204,230			$	336,760			$	60			$	(69,279	)		$	471,771
-1	We had $860 thousand transfers of financial instruments from Level 1 to Level 2 during the year ended September 30, 2013. These transfers were a result of a decrease in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. We had $401 thousand in transfers of financial instruments from Level 2 to Level 1 during the year ended September 30, 2013. These transfers were a result of an increase in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
-2	Where permitted, we have elected to net derivative receivables and derivative payables and the related cash collateral received and paid when a legally enforceable master netting agreement exists. See Note 19 for additional information regarding offsetting financial instruments.
-3	Includes $54 million of Jefferson County, Alabama Limited Obligation School Warrants ARS and $25 million of Jefferson County, Alabama Sewer Revenue Refunding Warrants ARS.
-4	The portion of these investments we do not own is approximately $63 million as of September 30, 2013 and are included as a component of noncontrolling interest in our Consolidated Statements of Financial Condition. The weighted average portion we own is approximately $153 million or 71% of the total private equity investments of $216 million included in our Consolidated Statements of Financial Condition.
-5	Other investments include $176 million of financial instruments that are related to MK & Co.’s obligations to perform under certain of its historic deferred compensation plans (see Note 2 and Note 24 for further information regarding these plans).
-6	Primarily comprised of forward commitments to purchase GNMA MBS arising from our fixed income public finance operations (see Note 21 for additional information regarding these commitments).
-7	Goodwill fair value measurements are classified within Level 3 of the fair value hierarchy, which are generally determined using unobservable inputs. See Note 13 for additional information regarding the annual impairment analysis.
-8	Includes individual loans classified as held for sale, which were recorded at a fair value lower than cost.
-9	Represents the fair value of foreclosed properties which were measured at a fair value subsequent to their initial classification as OREO. The recorded value in the Consolidated Statements of Financial Condition is net of the estimated selling costs.
The adjustment to fair value of the nonrecurring fair value measures for the year ended September 30, 2014 resulted in $467 thousand in additional provision for loan losses and $203 thousand in other losses. The adjustment to fair value of the nonrecurring fair value measures for the year ended September 30, 2013 resulted in $8.7 million in additional provision for loan losses and $529 thousand in other losses.
Changes in Level 3 recurring fair value measurements
The realized and unrealized gains and losses for assets and liabilities within the Level 3 category presented in the tables below may include changes in fair value that were attributable to both observable and unobservable inputs.
Additional information about Level 3 assets and liabilities measured at fair value on a recurring basis is presented below:
Year ended September 30, 2014
Level 3 assets at fair value
(in thousands)
	Financial assets																																							Financial
																																								liabilities
	Trading instruments											Available for sale securities												Private equity, other investments and other assets																Payables-
																																								trade and
																																								other
	Non-				Equity				Other			Non-				ARS –				ARS -				Private				Other				Other receivables				Other assets				Other
	agency				securities							agency				municipals				preferred				equity				investments												liabilities
	CMOs &											CMOs								securities				investments
	ABS
Fair value	$	14			$	35			$	3,956		$	78			$	130,934			$	110,784			$	216,391			$	4,607			$	2,778			$	15			$	(60	)
September 30, 2013
Total gains (losses) for the year:
Included in earnings	(1		)		6				(371		)	(27		)		7,046				44				15,883			(1)	174				(2,778		)		772				2
Included in other comprehensive (loss) income	—				—				—			22				(403		)		3,536				—				—				—				—				—
Purchases and contributions	—				103				18,628			—				—				—				16,192				63				—				—				—
Sales	—				(98		)		(19,904		)	(38		)		(23,355		)		—				(7,076		)		(2,698		)		—				—				—
Redemptions by issuer	—				—				—			—				(27,526		)		(325		)		—				(64		)		—				—				—
Distributions	(2		)		—				—			(35		)		—				—				(39,053		)		(351		)		—				—				—
Transfers: (2)
Into Level 3	—				—				—			—				—				—				11,924			(3)	—				—				—				—
Out of Level 3	—				(2		)		—			—				—				—				(2,595		)	(4)	—				—				—				—
Fair value	$	11			$	44			$	2,309		$	—			$	86,696			$	114,039			$	211,666			$	1,731			$	—			$	787			$	(58	)
September 30, 2014
Change in unrealized gains (losses) for the year included in earnings (or changes in net assets) for assets held at the end of the year	$	20			$	6			$	(7	)	$	—			$	(403	)		$	3,536			$	15,883			$	267			$	—			$	772			$	—
-1	Primarily results from valuation adjustments of certain private equity investments.  Since we only own a portion of these investments, our share of the net valuation adjustments resulted in a gain of $12.2 million which is included in net income attributable to RJF (after noncontrolling interests).  The noncontrolling interests’ share of the net valuation adjustments was a gain of approximately $3.7 million.
-2	Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
-3	The transfers into Level 3 were comprised of transfers of balances previously included in other receivables on our Consolidated Statements of Financial Condition.
-4	The transfers out of Level 3 were comprised of transfers of cash and cash equivalent balances previously included in private equity investments on our Consolidated Statements of Financial Condition.
Year ended September 30, 2013
Level 3 assets at fair value
(in thousands)
Financial assets																																											Financial
																																											liabilities
	Trading instruments															Available for sale securities												Private equity, other investments, other receivables and other assets															Payables-trade
																																											and other
	Municipal &				Non-				Equity				Other securities			Non-				ARS –				ARS -				Private				Other				Other receivables				Other assets			Other
	provincial				agency				securities							agency				municipals				preferred				equity				investments											liabilities
	obligations				CMOs &											CMOs								securities				investments
					ABS
Fair value	$	553			$	29			$	6			$	5,850		$	249			$	123,559			$	110,193			$	336,927			$	4,092			$	—			$	—		$	(98	)
September 30, 2012
Total gains (losses) for the year:
Included in earnings	—				(4		)		1				(140		)	(396		)		439				1,164				70,688			(1)	1,390				2,778				—			38
Included in other comprehensive (loss) income	—				—				—				—			281				13,212				7,504				—				—				—				—			—
Purchases and contributions	—				—				63				9,885			—				—				25				20,416				—				—				—			—
Sales	(553		)		—				(37		)		(9,234		)	—				(4,971		)		(90		)		(165,878		)	(2)	(691		)		—				—			—
Redemptions by issuer	—				—				—				—			—				(1,305		)		(8,012		)		—				—				—				—			—
Distributions	—				(11		)		—				(2,390		)	(56		)		—				—				(45,762		)		(315		)		—				—			—
Transfers: (3)
Into Level 3	—				—				2				—			—				—				—				—				131				—				15			—
Out of Level 3	—				—				—				(15		)	—				—				—				—				—				—				—			—
Fair value	$	—			$	14			$	35			$	3,956		$	78			$	130,934			$	110,784			$	216,391			$	4,607			$	2,778			$	15		$	(60	)
September 30, 2013
Change in unrealized gains (losses) for the year included in earnings (or changes in net assets) for assets held at the end of the year	$	—			$	38			$	(1	)		$	(140	)	$	(396	)		$	13,212			$	7,504			$	5,354			$	1,511			$	2,778			$	—		$	—
-1	Results from valuation adjustments of certain private equity investments and the April 29, 2013 sale of our indirect investment in Albion Medical Holdings, Inc. (“Albion”).  Since we only own a portion of these investments, our share of the net valuation adjustments and Albion sale resulted in a gain of $28.4 million which is included in net income attributable to RJF (after noncontrolling interests).  The noncontrolling interests’ share of the net gain is approximately $42.3 million.
-2	Results primarily from the April 29, 2013 sale of our indirect investment in Albion. The amount is presented gross, and therefore includes amounts pertaining to interests held by others.
-3	Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
Year ended September 30, 2012
Level 3 assets at fair value
(in thousands)
	Financial assets																																				Financial
																																					liabilities
	Trading instruments																Available for sale securities												Private equity and other investments								Payables-trade
																																					and other
	Municipal &				Non-				Equity				Other securities				Non-				ARS –				ARS -				Private				Other				Other
	provincial				agency				securities								agency				municipals				preferred				equity				investments				liabilities
	obligations				CMOs &												CMOs								securities				investments
					ABS
Fair value	$	375			$	50			$	15			$	—			$	851			$	79,524			$	116,524			$	168,785			$	2,087			$	(40	)
September 30, 2011
Total gains (losses) for the year:
Included in earnings	89				(3		)		11				(1,034		)		(691		)		(1,487		)		(75		)		36,098			(1)	296				(58		)
Included in other comprehensive (loss) income	—				—				—				—				130				(7,651		)		(1,528		)		—				—				—
Purchases and contributions	553				—				18				16,268				—				56,344				66,915				162,795			(4)	2,276				—
Sales	(320		)		—				(16		)		(14,251		)		—				—				—				—				—				—
Redemptions by issuer	—				—				—				—				—				(3,214		)		(71,600		)		—				—				—
Distributions	—				(18		)		—				(1,710		)		(41		)		—				—				(30,751		)		(567		)		—
Transfers:
Into Level 3	—				—				156				6,577			(2)	—				43				—				—				—				—
Out of Level 3 (3)	(144		)		—				(178		)		—				—				—				(43		)		—				—				—
Fair value	$	553			$	29			$	6			$	5,850			$	249			$	123,559			$	110,193			$	336,927			$	4,092			$	(98	)
September 30, 2012
Change in unrealized gains (losses) for the year included in earnings (or changes in net assets) for assets held at the end of the year	$	—			$	9			$	(5	)		$	(1,034	)		$	(691	)		$	(9,060	)		$	(1,528	)		$	36,098		(1)	$	172			$	—
-1	Primarily results from valuation adjustments of certain private equity investments. Since we only own a portion of these investments, our share of the net valuation adjustments resulted in a gain of $15.2 million which is included in net income attributable to RJF (after noncontrolling interests). The noncontrolling interests’ share of the net valuation adjustments was a gain of approximately $20.9 million.
-2	During the year ended September 30, 2012, we transferred certain non-agency CMOs and ABS securities which were previously included in Level 2, into Level 3, due to a decrease in the availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement.
-3	The transfers out of Level 3 were a result of an increase in availability and reliability of the observable inputs utilized in the respective instruments’ fair value. Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
-4	Includes private equity investments of approximately $46 million arising from the Morgan Keegan acquisition and $97 million of other investments arising from the consolidation of certain of Morgan Keegan’s private equity funds (see Note 3 for further information regarding the Morgan Keegan acquisition).
As of September 30, 2014, 8.6% of our assets and 3% of our liabilities are instruments measured at fair value on a recurring basis.  Instruments measured at fair value on a recurring basis categorized as Level 3 as of September 30, 2014 represent 21% of our assets measured at fair value. In comparison as of September 30, 2013, 8.6% and 2.5% of our assets and liabilities, respectively, represented instruments measured at fair value on a recurring basis.  Instruments measured at fair value on a recurring basis categorized as Level 3 as of September 30, 2013 represented 24% of our assets measured at fair value. The balances of our level 3 assets have decreased compared to September 30, 2013, primarily as a result of distributions received from, and sales of, certain investments in our private equity portfolio, as well as the sale or redemption of a portion of our ARS portfolio. Accordingly, Level 3 instruments as a percentage of total financial instruments have decreased by 3% as compared to September 30, 2013.
Gains and losses included in earnings are presented in net trading profit and other revenues in our Consolidated Statements of Income and Comprehensive Income as follows:
For the year ended September 30, 2014		Net trading				Other
		profits				revenues
		(in thousands)
Total (losses) gains included in revenues		$	(366	)		$	21,116
Change in unrealized gains for assets held at the end of the year		$	19			$	20,055
For the year ended September 30, 2013		Net trading				Other
		profits				revenues
		(in thousands)
Total (losses) gains included in revenues		$	(143	)		$	76,101
Change in unrealized (losses) gains for assets held at the end of the year		$	(103	)		$	29,963
For the year ended September 30, 2012		Net trading				Other
		profits				revenues
		(in thousands)
Total (losses) gains included in revenues		$	(937	)		$	34,083
Change in unrealized (losses) gains for assets held at the end of the year		$	(1,030	)		$	24,991
Quantitative information about level 3 fair value measurements
The significant assumptions used in the valuation of level 3 financial instruments are as follows (the table that follows includes the significant majority of the financial instruments we hold that are classified as level 3 measures):
Level 3 financial instrument		Fair value at				Valuation technique(s)		Unobservable input		Range (weighted-average)
		September 30,
		2014
		(in thousands)
Recurring measurements:
Available for sale securities:
ARS:
Municipals		$	57,728			Recent trades		Observed trades (in inactive markets) of in-portfolio securities		88% of par - 88% of par (88% of par)
Municipals		$	11,025			Income or market approach:
						Scenario 1 - recent trades		Observed trades (in inactive markets) of in-portfolio securities		70% of par - 70% of par (70% of par)
						Scenario 2 - discounted cash flow		Average discount rate(a)		4.44% - 6.82% (5.63%)
								Average interest rates applicable to future interest income on the securities(b)		1.68% - 4.31% (3.00%)
								Prepayment year(c)		2017 - 2024 (2021)
								Weighting assigned to outcome of scenario1/ scenario 2		20%/80%
Municipals		$	17,943			Discounted cash flow		Average discount rate(a)		3.08% - 5.82% (3.77%)
								Average interest rates applicable to future interest income on the securities(b)		1.44% - 5.74% (1.81%)
								Prepayment year(c)		2017 - 2024 (2019)
Preferred securities		$	114,039			Discounted cash flow		Average discount rate(a)		3.69% - 5.08% (4.35%)
								Average interest rates applicable to future interest income on the securities(b)		2.41% - 4.03% (2.54%)
								Prepayment year(c)		2015 - 2019 (2019)
Private equity investments:		$	46,402			Income or market approach:
						Scenario 1 - income approach - discounted cash flow		Discount rate(a)		13.0% - 17.5% (15.9%)
								Terminal growth rate of cash flows		3% - 3% (3%)
								Terminal year		2016 - 2018 (2017)
						Scenario 2 - market approach - market multiple method		EBITDA Multiple(d)		4.75 - 7.50 (6.30)
								Weighting assigned to outcome of scenario 1/scenario 2		72%/28%
		$	165,264			Transaction price or other investment-specific events(e)		Not meaningful(e)		Not meaningful(e)
Nonrecurring measurements:
Impaired loans:  residential		$	25,982			Discounted cash flow		Prepayment rate		7 yrs. - 12 yrs. (10.3 yrs.)
Impaired loans: corporate		$	29,546			Appraisal, discounted cash flow, or distressed enterprise value(f)		Not meaningful(f)		Not meaningful(f)
The text of the footnotes in the above table are on the following page.
The text of the footnotes to the table on the previous page are as follows:
(a)	Represents discount rates used when we have determined that market participants would take these discounts into account when pricing the investments.
(b)	Future interest rates are projected based upon a forward interest rate path, plus a spread over such projected base rate that is applicable to each future period for each security within this portfolio segment.  The interest rates presented represent the average interest rate over all projected periods for securities within the portfolio segment.
(c)	Assumed year of at least a partial redemption of the outstanding security by the issuer.
(d)	Represents amounts used when we have determined that market participants would use such multiples when pricing the investments.
(e)	Certain direct private equity investments are valued initially at the transaction price until either our annual review, significant transactions occur, new developments become known, or we receive information from the fund manager that allows us to update our proportionate share of net assets, when any of which indicate that a change in the carrying values of these investments is appropriate.
(f)	The valuation techniques used for the impaired corporate loan portfolio as of September 30, 2014 were appraisals less selling costs for the collateral dependent loans, and either discounted cash flows or distressed enterprise value for the remaining impaired loans that are not collateral dependent.
Qualitative disclosure about unobservable inputs
For our recurring fair value measurements categorized within Level 3 of the fair value hierarchy, the sensitivity of the fair value measurement to changes in significant unobservable inputs and interrelationships between those unobservable inputs are described below:
Auction rate securities:
One of the significant unobservable inputs used in the fair value measurement of auction rate securities presented within our available for sale securities portfolio relates to judgments regarding whether the level of observable trading activity is sufficient to conclude markets are active.  Where insufficient levels of trading activity are determined to exist as of the reporting date, then management’s assessment of how much weight to apply to trading prices in inactive markets versus management’s own valuation models could significantly impact the valuation conclusion.  The valuation of the securities impacted by changes in management’s assessment of market activity levels could be either higher or lower, depending upon the relationship of the inactive trading prices compared to the outcome of management’s internal valuation models.
The future interest rate and maturity assumptions impacting the valuation of the auction rate securities are directly related.  As short-term interest rates rise, due to the variable nature of the penalty interest rate provisions embedded in most of these securities in the event auctions fail to set the security’s interest rate, then a penalty rate that is specified in the security increases.  These penalty rates are based upon a stated multiple applied to a defined short-term interest rate index.  Management estimates that at some level of increase in short-term interest rates, issuers of the securities will have the economic incentive to refinance (and thus prepay) the securities.  Therefore, the short-term interest rate assumption directly impacts the input related to the timing of any projected prepayment.  The faster and steeper short-term interest rates rise, the earlier prepayments will likely occur and the higher the fair value of the security.
Private equity investments:
The significant unobservable inputs used in the fair value measurement of private equity investments relate to the financial performance of the investment entity and the market’s required return on investments from entities in industries in which we hold investments.  Significant increases (or decreases) in our investment entities’ future economic performance will have a directly proportional impact on the valuation results.  The value of our investment moves inversely with the market’s expectation of returns from such investments.  Should the market require higher returns from industries in which we are invested, all other factors held constant, our investments will decrease in value.  Should the market accept lower returns from industries in which we are invested, all other factors held constant, our investments will increase in value.
Fair value option
The fair value option is an accounting election that allows the reporting entity to apply fair value accounting for certain financial assets and liabilities on an instrument by instrument basis.  As of September 30, 2014 and 2013, we have elected not to choose the fair value option for any of our financial assets or liabilities not already recorded at fair value.
Additional disclosures about the fair value of financial instruments that are not carried on the Consolidated Statements of Financial Condition at fair value
Many, but not all, of the financial instruments we hold are recorded at fair value in the Consolidated Statements of Financial Condition.
The following represent financial instruments in which the ending balance at September 30, 2014 and 2013 is not carried at fair value, as computed in accordance with the GAAP definition of fair value (an exit price concept, refer to Note 2 for further discussion), on our Consolidated Statements of Financial Condition:
Short-term financial instruments: The carrying value of short-term financial instruments, including cash and cash equivalents, assets segregated pursuant to federal regulations and other segregated assets, securities either purchased or sold under agreements to resell and other collateralized financings are recorded at amounts that approximate the fair value of these instruments. These financial instruments generally expose us to limited credit risk and have no stated maturities or have short-term maturities and carry interest rates that approximate market rates. Under the fair value hierarchy, cash and cash equivalents and assets segregated pursuant to federal regulations and other segregated assets are classified as Level 1. Securities either purchased or sold under agreements to resell and other collateralized financings are classified as Level 2 under the fair value hierarchy because they are generally variable rate instruments collateralized by U.S. government or agency securities.
Bank loans, net: These financial instruments are primarily comprised of loans originated or purchased by RJ Bank and include C&I loans, commercial and residential real estate loans, tax-exempt loans, as well as SBL intended to be held until maturity or payoff, and are recorded at amounts that result from the application of the loans held for investment methodologies summarized in Note 2. In addition, these financial instruments consist of loans held for sale, which are carried at the lower of cost or market value. A portion of these loans held for sale are included in the nonrecurring fair value measurements in addition to any impaired loans held for investment.
Fair values for both variable and fixed-rate loans held for investment are estimated using discounted cash flow analyses, based on interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. This methodology for estimating the fair value of loans does not consider other market variables and, therefore, is not based on an exit price concept. Refer to Note 2 for information regarding the fair value policies specific to loans held for sale.
Receivables and other assets: Brokerage client receivables, receivables from broker-dealers and clearing organizations, stock borrowed receivables, loans to financial advisors, net, other receivables, and certain other assets are recorded at amounts that approximate fair value and are classified as Level 2 and 3 under the fair value hierarchy. As specified under GAAP, the FHLB and FRB stock are recorded at cost, which we have determined to approximate their estimated fair value, and are classified as Level 2 under the fair value hierarchy.
Bank deposits: The fair values for demand deposits are equal to the amount payable on demand at the reporting date (that is, their carrying amounts). The carrying amounts of variable-rate money market and savings accounts approximate their fair values at the reporting date as these are short-term in nature. Due to their demand or short-term nature, the demand deposits and variable rate money market and savings accounts are classified as Level 2 under the fair value hierarchy. Fair values for fixed-rate certificate accounts are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of expected monthly maturities on time deposits. These fixed rate certificate accounts are classified as Level 3 under the fair value hierarchy.
Payables: Brokerage client payables, payables due to broker-dealers and clearing organizations, stock loaned payables, and trade and other payables are recorded at amounts that approximate fair value and are classified as Level 2 under the fair value hierarchy.
Other borrowings: The carrying amount of other borrowings approximate their fair value due to the relative short-term nature of such borrowings, some of which are day-to-day. The portion of other borrowings which are not “day-to-day” are primarily comprised of RJ Bank’s borrowings from the FHLB which, by their nature, reflect terms that approximate current market rates for similar loans. Under the fair value hierarchy, our other borrowings are classified as Level 2.
Corporate debt: The fair value of the mortgage note payable associated with the financing of our Saint Petersburg, Florida corporate offices is based upon an estimate of the current market rates for similar loans. The fair value of our senior notes is based upon recent trades of those or other similar debt securities in the market.
Off-balance sheet financial instruments: The fair value of unfunded commitments to extend credit is based on a methodology similar to that described above for loans and further adjusted for the probability of funding. The fair value of these unfunded lending commitments, in addition to the fair value of other off-balance sheet financial instruments, are classified as Level 3 under the fair value hierarchy. See Note 27 for further discussion of off-balance sheet financial instruments.
The estimated fair values by level within the fair value hierarchy and the carrying amounts of certain of our financial instruments not carried at fair value are as follows:
		Quoted prices				Significant				Significant				Total estimated fair value				Carrying amount
		in active				other				unobservable
		markets for				observable				inputs
		identical				inputs				(Level 3)
		assets				(Level 2)
		(Level 1)
		(in thousands)
September 30, 2014
Financial assets:
Bank loans, net(1)		$	—			$	23,678			$	10,738,136			$	10,761,814			$	10,857,662
Financial liabilities:
Bank deposits		$	—			$	9,684,221			$	344,234			$	10,028,455			$	10,028,924
Corporate debt		$	366,100			$	955,170			$	—			$	1,321,270			$	1,190,836
September 30, 2013
Financial assets:
Bank loans, net(1)		$	—			$	83,012			$	8,614,755			$	8,697,767			$	8,700,027
Financial liabilities:
Bank deposits		$	—			$	8,981,996			$	320,196			$	9,302,192			$	9,295,371
Corporate debt		$	352,520			$	951,628			$	—			$	1,304,148			$	1,194,508
-1	Excludes all impaired loans and loans held for sale which have been recorded at fair value in the Consolidated Statement of Financial Condition at September 30, 2014 and 2013, respectively.

TRADING_INSTRUMENTS_AND_TRADIN

TRADING INSTRUMENTS AND TRADING INSTRUMENTS SOLD BUT NOT YET PURCHASED	12 Months Ended
	Sep. 30, 2014
Trading Instruments and Trading Instruments Sold But Not Yet Purchased [Abstract]	'
TRADING INSTRUMENTS AND TRADING INSTRUMENTS SOLD BUT NOT YET PURCHASED	'
	TRADING INSTRUMENTS AND TRADING INSTRUMENTS SOLD BUT NOT YET PURCHASED
		September 30, 2014				September 30, 2013
		Trading		Instruments		Trading		Instruments
		instruments		sold but not		instruments		sold but not
				yet purchased				yet purchased
		(in thousands)
	Municipal and provincial obligations	$	203,889	$	11,647	$	202,826	$	1,777
	Corporate obligations	111,928		15,333		60,406		9,111
	Government and agency obligations	101,362		187,424		113,396		169,816
	Agency MBS and CMOs	127,419		738		93,149		3,068
	Non-agency CMOs and ABS	58,375		—		16,971		—
	Total debt securities	602,973		215,142		486,748		183,772
	Derivative contracts (1)	28,205		12,372		28,109		5,641
	Equity securities	34,142		10,886		53,015		31,243
	Corporate loans	990		—		—		—
	Other	13,083		—		11,833		—
	Total	$	679,393	$	238,400	$	579,705	$	220,656
	-1	Represents the derivative contracts held for trading purposes. These balances do not include all derivative instruments since the derivative instruments associated with offsetting matched book positions are included on their own line item on our Consolidated Statements of Financial Condition. See Note 18 for further information regarding all of our derivative transactions, and see Note 19 for additional information regarding offsetting financial instruments.
	Included in net trading profit on our Consolidated Statements of Income and Comprehensive Income are net unrealized (losses) gains related to trading instruments held as of September 30, 2014, 2013, and 2012 of $(4.8) million, $(4) million, and $576 thousand, respectively.
	See Note 5 for additional information regarding the fair value of trading instruments and trading instruments sold but not yet purchased.

AVAILABLE_FOR_SALE_SECURITIES

AVAILABLE FOR SALE SECURITIES	12 Months Ended
	Sep. 30, 2014
Available-for-sale Securities [Abstract]	'
AVAILABLE FOR SALE SECURITIES	'
	AVAILABLE FOR SALE SECURITIES
	Available for sale securities are comprised of MBS and CMOs owned by RJ Bank and ARS owned by one of our non-broker-dealer subsidiaries.
	Certain of the non-agency CMOs held within the available for sale securities portfolio owned by RJ Bank were sold during the year ended September 30, 2014. The sales resulted in proceeds of $26.6 million and a gain of $264 thousand which is included in other revenues on our Consolidated Statements of Income and Comprehensive Income. There were no sales of available for sale securities owned by RJ Bank in either the year ended September 30, 2013 or the year ended September 30, 2012.
	Certain securities in the ARS portion of the available for sale securities portfolio have been redeemed by their issuer or sold in market transactions. Sale or redemption activities within the ARS portion of the portfolio resulted in aggregate proceeds of $51.2 million and a gain of $7.1 million in the year ended September 30, 2014 which is included in other revenues on our Consolidated Statements of Income and Comprehensive Income. During the year ended September 30, 2013, sales or redemption activities within the ARS portion of the available for sale securities portfolio resulted in proceeds of $14.4 million and a gain of $1.6 million. During the year ended September 30, 2012, redemptions of ARS by their issuers resulted in proceeds of $75 million and a gain of $360 thousand.
	The amortized cost and fair values of available for sale securities are as follows:
		Cost basis				Gross			Gross			Fair value
						unrealized gains			unrealized losses
		(in thousands)
	September 30, 2014
	Available for sale securities:
	Agency MBS and CMOs	$	267,927			$	822		$	(1,029	)	$	267,720
	Non-agency CMOs (1)	98,946				56			(7,084		)	91,918
	Other securities	1,575				341			—			1,916
	Total RJ Bank available for sale securities	368,448				1,219			(8,113		)	361,554
	Auction rate securities:
	Municipal obligations	81,535				6,240			(1,079		)	86,696
	Preferred securities	104,526				9,513			—			114,039
	Total auction rate securities	186,061				15,753			(1,079		)	200,735
	Total available for sale securities	$	554,509			$	16,972		$	(9,192	)	$	562,289
	September 30, 2013
	Available for sale securities:
	Agency MBS and CMOs	$	326,858			$	707		$	(1,536	)	$	326,029
	Non-agency CMOs (2)	142,169				4			(13,152		)	129,021
	Other securities	1,575				501			—			2,076
	Total RJ Bank available for sale securities	470,602				1,212			(14,688		)	457,126
	Auction rate securities:
	Municipal obligations	125,371				6,831			(1,268		)	130,934
	Preferred securities	104,808				5,976			—			110,784
	Total auction rate securities	230,179				12,807			(1,268		)	241,718
	Total available for sale securities	$	700,781			$	14,019		$	(15,956	)	$	698,844
	September 30, 2012
	Available for sale securities:
	Agency MBS and CMOs	$	350,568			$	1,938		$	(203	)	$	352,303
	Non-agency CMOs (3)	166,339				23			(18,555		)	147,807
	Total RJ Bank available for sale securities	516,907				1,961			(18,758		)	500,110
	Auction rate securities:
	Municipal obligations (4)	131,208				870			(8,519		)	123,559
	Preferred securities (5)	111,721				232			(1,760		)	110,193
	Total auction rate securities	242,929				1,102			(10,279		)	233,752
	Other securities	3				9			—			12
	Total available for sale securities	$	759,839			$	3,072		$	(29,037	)	$	733,874
	-1	As of September 30, 2014, the non-credit portion of OTTI recorded in AOCI was $6.1 million (before taxes).
	-2	As of September 30, 2013, the non-credit portion of OTTI recorded in AOCI was $11.1 million (before taxes).
	-3	As of September 30, 2012, the non-credit portion of OTTI recorded in AOCI was $15.5 million (before taxes).
	-4	As of September 30, 2012, the non-credit portion of OTTI recorded in AOCI was $7.6 million (before taxes).
	-5	As of September 30, 2012, the non-credit portion of OTTI recorded in AOCI was $1.5 million (before taxes).
	See Note 5 for additional information regarding the fair value of available for sale securities.
	The contractual maturities, amortized cost, carrying values and current yields for our available for sale securities are as presented below.  Since RJ Bank’s available for sale securities are backed by mortgages, actual maturities will differ from contractual maturities because borrowers may have the right to prepay obligations without prepayment penalties.  Expected maturities of ARS may differ significantly from contractual maturities, as issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
		September 30, 2014
		Within one year				After one but			After five but			After ten years			Total
						within five			within ten
						years			years
		($ in thousands)
	Agency MBS & CMOs:
	Amortized cost	$	—			$	9,992		$	10,451		$	247,484		$	267,927
	Carrying value	—				10,019			10,513			247,188			267,720
	Weighted-average yield	—				0.27		%	0.24		%	1.02		%	0.96		%
	Non-agency CMOs:
	Amortized cost	$	—			$	—		$	—		$	98,946		$	98,946
	Carrying value	—				—			—			91,918			91,918
	Weighted-average yield	—				—			—			2.49		%	2.49		%
	Other securities:
	Amortized cost	$	—			$	—		$	—		$	1,575		$	1,575
Carrying value	—				—			—			1,916			1,916
Weighted-average yield	—				—			—			—			—
Sub-total agency MBS & CMOs, non-agency CMOs and other securities:
Amortized cost	$	—			$	9,992		$	10,451		$	348,005		$	368,448
Carrying value	—				10,019			10,513			341,022			361,554
Weighted-average yield	—				0.27		%	0.24		%	1.41		%	1.35		%
Auction rate securities
Municipal obligations:
Amortized cost	$	—			$	—		$	—		$	81,535		$	81,535
Carrying value	—				—			—			86,696			86,696
Weighted-average yield	—				—			—			0.38		%	0.38		%
Preferred securities:
Amortized cost	$	—			$	—		$	—		$	104,526		$	104,526
Carrying value	—				—			—			114,039			114,039
Weighted-average yield	—				—			—			0.2		%	0.2		%
Sub-total auction rate securities:
Amortized cost	$	—			$	—		$	—		$	186,061		$	186,061
Carrying value	—				—			—			200,735			200,735
Weighted-average yield	—				—			—			0.28		%	0.28		%
Total available for sale securities:
Amortized cost	$	—			$	9,992		$	10,451		$	534,066		$	554,509
Carrying value	—				10,019			10,513			541,757			562,289
Weighted-average yield	—				0.27		%	0.24		%	0.99		%	0.97		%
The gross unrealized losses and fair value, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position, are as follows:
	September 30, 2014
	Less than 12 months							12 months or more						Total
	Estimated				Unrealized			Estimated			Unrealized			Estimated			Unrealized
	fair value				losses			fair value			losses			fair value			losses
	(in thousands)
Agency MBS and CMOs	$	18,062			$	(53	)	$	71,688		$	(976	)	$	89,750		$	(1,029	)
Non-agency CMOs	5,506				(357		)	69,970			(6,727		)	75,476			(7,084		)
ARS municipal obligations	—				—			12,072			(1,079		)	12,072			(1,079		)
Total	$	23,568			$	(410	)	$	153,730		$	(8,782	)	$	177,298		$	(9,192	)
	September 30, 2013
	Less than 12 months							12 months or more						Total
	Estimated				Unrealized			Estimated			Unrealized			Estimated			Unrealized
	fair value				losses			fair value			losses			fair value			losses
	(in thousands)
Agency MBS and CMOs	$	157,580			$	(1,150	)	$	22,940		$	(386	)	$	180,520		$	(1,536	)
Non-agency CMOs	4,906				(556		)	123,139			(12,596		)	128,045			(13,152		)
ARS municipal obligations	771				(100		)	19,747			(1,168		)	20,518			(1,268		)
Total	$	163,257			$	(1,806	)	$	165,826		$	(14,150	)	$	329,083		$	(15,956	)
The reference point for determining when securities are in a loss position is the reporting period end. As such, it is possible that a security had a fair value that exceeded its amortized cost on other days during the period.
Agency MBS and CMOs
FNMA, the Federal Home Loan Mortgage Corporation (“FHLMC”), as well GNMA, guarantee the contractual cash flows of the agency MBS and CMOs. At September 30, 2014, of the 11 of our U.S. government-sponsored enterprise MBS and CMOs in an unrealized loss position, three were in a continuous unrealized loss position for less than 12 months and eight were for 12 months or more.  We do not consider these securities other-than-temporarily impaired due to the guarantee provided by FNMA, FHLMC, and GNMA as to the full payment of principal and interest, and the fact that we have the ability and intent to hold these securities to maturity.
Non-agency CMOs
All individual non-agency securities are evaluated for OTTI on a quarterly basis.  Only those non-agency CMOs whose amortized cost basis we do not expect to recover in full are considered to be other than temporarily impaired as we have the ability and intent to hold these securities to maturity.  To assess whether the amortized cost basis of non-agency CMOs will be recovered, RJ Bank performs a cash flow analysis for each security.  This comprehensive process considers borrower characteristics and the particular attributes of the loans underlying each security.  Loan level analysis includes a review of historical default rates, loss severities, liquidations, prepayment speeds and delinquency trends.  In addition to historical details, home prices and the economic outlook are considered to derive the assumptions utilized in the discounted cash flow model to project security specific cash flows, which factors in the amount of credit enhancement specific to the security.  The difference between the present value of the cash flows expected and the amortized cost basis is the credit loss, and it is recorded as OTTI.
The significant assumptions used in the cash flow analysis of non-agency CMOs are as follows:
	September 30, 2014
	Range		Weighted-
			average (1)
Default rate	0% - 10.9%		4.31%
Loss severity	0% - 74.4%		39.84%
Prepayment rate	5% - 34.2%		10.42%
-1	Represents the expected activity for the next twelve months.
At September 30, 2014, 14 of the 19 non-agency CMOs were in a continuous unrealized loss position. Of these, 13 were in that position for 12 months or more and one was in a continuous unrealized loss position for less than 12 months. Based on the expected cash flows derived from the model utilized in our analysis, we expect to recover all unrealized losses not already recorded in earnings on our non-agency CMOs. However, it is possible that the underlying loan collateral of these securities will perform worse than current expectations, which may lead to adverse changes in the cash flows expected to be collected on these securities and potential future OTTI losses. As residential mortgage loans are the underlying collateral of these securities, the unrealized losses at September 30, 2014 reflect the uncertainty in the markets for these instruments.
ARS
The cost basis in the ARS we hold is the fair value of the securities in the period in which we acquired them. The par value of the ARS we hold as of September 30, 2014 is $221.8 million. Only those ARS whose amortized cost basis we do not expect to recover in full are considered to be other-than-temporarily impaired as we have the ability and intent to hold these securities to maturity. All of our ARS securities are evaluated for OTTI on a quarterly basis.
Within our ARS preferred securities, we analyze the credit ratings associated with each security as an indicator of potential credit impairment. As of September 30, 2014, and including subsequent ratings changes, all of the ARS preferred securities were rated investment grade by at least one rating agency and there is no potential impairment since the fair values of these securities exceed their cost basis.
Within our municipal ARS holdings as of September 30, 2014, there are two municipal ARS securities with a fair value less than their cost basis, indicating potential impairment. We analyzed the credit ratings associated with these securities as an indicator of potential credit impairment, and including subsequent ratings changes, determined that these securities maintained investment grade ratings by at least one rating agency. We have the ability and intent to hold these securities to maturity and expect to recover their entire cost basis and therefore concluded that none of the OTTI within our municipal ARS portfolio is related to potential credit loss.
We hold Jefferson County, Alabama Limited Obligation School Warrants ARS (“Jeff Co. Schools ARS”) within our municipal ARS holdings. As of September 30, 2013, we also held Jefferson County, Alabama Sewer Revenue Refunding Warrants ARS (“Jeff Co. Sewers ARS”).  During the first quarter ended December 31, 2013, the Jefferson County, Alabama voluntary petition for relief under Chapter 9 of the U.S. Bankruptcy Code in the U.S. District Court for the Northern District of Alabama was resolved. As a result of the resolution of this matter, Jefferson County redeemed the Jeff Co. Sewers ARS during our first quarter, and we received $26.5 million in proceeds from their redemption and realized a $5.5 million gain, which is included in other revenues on our Consolidated Statements of Income and Comprehensive Income for the year ended September 30, 2014. The Jeff Co. Schools ARS were not affected by the resolution of the Jefferson County, Alabama bankruptcy matter and remain in our ARS portfolio as of September 30, 2014. The fair value of the Jeff Co. Schools ARS exceed their cost basis as of September 30, 2014.
Other-than-temporarily impaired securities
Although there is no intent to sell either our ARS or our non-agency CMOs and it is not more likely than not that we will be required to sell these securities, as of September 30, 2014 we do not expect to recover the entire amortized cost basis of certain securities within our non-agency CMO portfolio.
Changes in the amount of OTTI related to credit losses recognized in other revenues on available for sale securities are as follows:
		Year ended September 30,
		2014				2013			2012
	(in thousands)
Amount related to credit losses on securities we held at the beginning of the year		$	28,217			$	27,581		$	22,306
Additions to the amount related to credit loss for which an OTTI was not previously recognized		—				—			1,409
Decreases to the amount related to credit loss for securities sold during the year		(9,541		)		—			—
Additional increases to the amount related to credit loss for which an OTTI was previously recognized		27				636			3,866
Amount related to credit losses on securities we held at the end of the year		$	18,703			$	28,217		$	27,581

RECEIVABLES_FROM_AND_PAYABLES_

RECEIVABLES FROM AND PAYABLES TO BROKERAGE CLIENTS	12 Months Ended
	Sep. 30, 2014
Receivables From and Payables To Brokerage Clients [Abstract]	'
RECEIVABLES FROM AND PAYABLES TO BROKERAGE CLIENTS	'
	RECEIVABLES FROM AND PAYABLES TO BROKERAGE CLIENTS
	The information presented below is exclusive of the transactions and balances that arise between RJ Bank and clients of our broker-dealer subsidiaries. Such transactions include those arising from the RJBDP program (as hereinafter defined in Note 14) and securities that serve as collateral under RJ Bank’s SBL program (see Note 9 for additional information).
	Receivables from brokerage clients
	Receivables from brokerage clients include amounts arising from normal cash and margin transactions and fees receivable. Margin receivables are collateralized by securities owned by brokerage clients. Such collateral is not included within any balances reflected on our Consolidated Statements of Financial Condition (see Note 19 for information regarding our use of a portion of this collateral in certain borrowing transactions). The amount receivable from clients is as follows:
		September 30,
		2014			2013
		(in thousands)
	Brokerage client receivables	$	2,127,078		$	1,983,402
	Allowance for doubtful accounts	(274		)	(62		)
	Brokerage client receivables, net	$	2,126,804		$	1,983,340
	Payables to brokerage clients
	Payables to brokerage clients include brokerage client funds on deposit awaiting reinvestment. The following table presents a summary of such payables:
		September 30,
		2014			2013
	Brokerage client payables:	(in thousands)
	Interest bearing	$	3,578,101		$	5,457,107
	Non-interest bearing	378,003			485,736
	Total brokerage client payables	$	3,956,104		$	5,942,843

BANK_LOANS_NET

BANK LOANS, NET	12 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
BANK LOANS, NET	'
	BANK LOANS, NET
	Bank client receivables are comprised of loans originated or purchased by RJ Bank and include C&I loans, tax-exempt loans, SBL, as well as commercial and residential real estate loans. These receivables are collateralized by first or second mortgages on residential or other real property, other assets of the borrower, a pledge of revenue or are unsecured.
	We segregate our loan portfolio into six loan portfolio segments: C&I, CRE, CRE construction, tax-exempt, residential mortgage, and SBL. These portfolio segments also serve as the portfolio loan classes for purposes of credit analysis, except for residential mortgage loans which are further disaggregated into residential first mortgage and residential home equity classes.
	The following table presents the balances for both the held for sale and held for investment loan portfolios as well as the associated percentage of each portfolio segment in RJ Bank’s total loan portfolio:
		September 30, 2014							September 30, 2013							September 30, 2012
		Balance				%			Balance				%			Balance				%
		($ in thousands)
	Loans held for sale, net(1)	$	45,988			—			$	110,292			1	%		$	160,515			2	%
	Loans held for investment:
	Domestic:
	C&I loans	5,378,592				49	%		4,439,668				50	%		4,553,061				55	%
	CRE construction loans	76,733				1	%		38,964				—			26,360				1	%
	CRE loans	1,415,093				13	%		1,075,986				12	%		828,414				10	%
	Tax-exempt loans	122,218				1	%		—				—			—				—
	Residential mortgage loans	1,749,513				16	%		1,743,787				20	%		1,690,465				21	%
	SBL	1,021,358				9	%		554,210				6	%		350,770				4	%
	Foreign:
	C&I loans	1,043,755				9	%		806,337				9	%		465,770				6	%
	CRE construction loans	17,462				—			21,876				—			23,114				—
	CRE loans	274,070				2	%		207,060				2	%		108,036				1	%
	Residential mortgage loans	2,234				—			1,863				—			1,521				—
	SBL	2,390				—			1,595				—			1,725				—
	Total loans held for investment	11,103,418							8,891,346							8,049,236
	Net unearned income and deferred expenses	(37,533		)					(43,936		)					(70,698		)
	Total loans held for investment, net(1)	11,065,885							8,847,410							7,978,538
	Total loans held for sale and investment	11,111,873				100	%		8,957,702				100	%		8,139,053				100	%
	Allowance for loan losses	(147,574		)					(136,501		)					(147,541		)
	Bank loans, net	$	10,964,299						$	8,821,201						$	7,991,512
		September 30, 2011							September 30, 2010
		Balance				%			Balance				%
		($ in thousands)
	Loans held for sale, net(1)	102,236				2	%		$	6,114			—
	Loans held for investment:
	Domestic:
	C&I loans	3,987,122				59	%		3,173,093				51	%
	CRE construction loans	29,087				—			65,512				1	%
	CRE loans	742,889				11	%		937,669				15	%
	Residential mortgage loans	1,754,925				26	%		2,013,681				32	%
	SBL	7,438				—			23,940				—
	Foreign:
	C&I loans	113,817				2	%		59,630				1	%
	Residential mortgage loans	1,561				—			1,650				—
	Total loans held for investment	6,636,839							6,275,175
	Net unearned income and deferred expenses	(45,417		)					(39,276		)
	Total loans held for investment, net(1)	6,591,422							6,235,899
	Total loans held for sale and investment	6,693,658				100	%		6,242,013				100	%
	Allowance for loan losses	(145,744		)					(147,084		)
	Bank loans, net	$	6,547,914						$	6,094,929
	-1	Net of unearned income and deferred expenses, which includes purchase premiums, purchase discounts, and net deferred origination fees and costs.
	At September 30, 2014, the FHLB had a blanket lien on RJ Bank’s residential mortgage loan portfolio as security for the repayment of certain borrowings. See Note 15 for more information regarding borrowings from the FHLB.
	Loans held for sale
	RJ Bank originated or purchased $1 billion, $1.3 billion and $903 million of loans held for sale during the years ended September 30, 2014, 2013 and 2012, respectively.  Proceeds from the sale of held for sale loans amounted to $189 million, $300 million and $184 million for the years ended September 30, 2014, 2013 and 2012, respectively. Net gains resulting from such sales amounted to $790 thousand, $3.6 million and $1.7 million for the years ended September 30, 2014, 2013 and 2012, respectively.  Unrealized losses recorded in the Consolidated Statements of Income and Comprehensive Income to reflect the loans held for sale at the lower of cost or market value were $385 thousand, $2.9 million and $1.2 million for the years ended September 30, 2014, 2013 and 2012, respectively.
	Purchases and sales of loans held for investment
	The following table presents purchases and sales of any loans held for investment by portfolio segment:
			Year ended September 30,
			2014								2013								2012
			Purchases				Sales				Purchases				Sales				Purchases				Sales
		(in thousands)
	C&I loans		$	536,167			$	219,914			$	358,309			$	176,186			$	470,859		(1)	$	85,090
	CRE construction loans		—				—				—				—				31,074			(1)	—
	CRE loans		5,000				—				5,048				—				121,245			(1)	—
	Residential mortgage loans		29,667				—				26,618				—				38,220				—
	SBL		—				—				—				—				185,026			(2)	—
Total		$	570,834			$	219,914			$	389,975			$	176,186			$	846,424			$	85,090
-1	Includes a total of $367 million for a Canadian loan portfolio purchased during the year ended September 30, 2012, which was comprised of $219 million C&I, $31 million of CRE construction and $117 million of CRE loans.
-2	Represents loans primarily secured by the borrower’s marketable securities.
Aging analysis of loans held for investment
The following table presents an analysis of the payment status of loans held for investment by portfolio segment:
	30-89				90 days				Total				Nonaccrual (1)				Current and accruing				Total loans held for
	days and accruing				or more and accruing				past due and accruing												investment (2)
	(in thousands)
As of September 30, 2014:
C&I loans	$	124			$	—			$	124			$	—			$	6,422,223			$	6,422,347
CRE construction loans	—				—				—				—				94,195				94,195
CRE loans	—				—				—				18,876				1,670,287				1,689,163
Tax-exempt loans	—				—				—				—				122,218				122,218
Residential mortgage loans:
First mortgage loans	1,648				—				1,648				61,391				1,668,724				1,731,763
Home equity loans/lines	57				—				57				398				19,529				19,984
SBL	—				—				—				—				1,023,748				1,023,748
Total loans held for investment	$	1,829			$	—			$	1,829			$	80,665			$	11,020,924			$	11,103,418
As of September 30, 2013:
C&I loans	$	135			$	—			$	135			$	89			$	5,245,781			$	5,246,005
CRE construction loans	—				—				—				—				60,840				60,840
CRE loans	—				—				—				25,512				1,257,534				1,283,046
Residential mortgage loans:
First mortgage loans	3,753				—				3,753				75,889				1,643,805				1,723,447
Home equity loans/lines	—				—				—				468				21,735				22,203
SBL	—				—				—				—				555,805				555,805
Total loans held for investment	$	3,888			$	—			$	3,888			$	101,958			$	8,785,500			$	8,891,346
-1	Includes $41.4 million and $55.5 million of nonaccrual loans at September 30, 2014 and 2013, respectively, which are performing pursuant to their contractual terms.
-2	Excludes any net unearned income and deferred expenses.
Nonperforming loans represent those loans on nonaccrual status, troubled debt restructurings, and accruing loans which are 90 days or more past due and in the process of collection. The gross interest income related to these nonperforming loans reflected in the previous table, which would have been recorded had these loans been current in accordance with their original terms, totaled $3.7 million, $3.2 million and $4.3 million for the years ended September 30, 2014, 2013 and 2012, respectively.  The interest income recognized on nonperforming loans was $1.3 million, $1.5 million and $1.8 million for the years ended September 30, 2014, 2013 and 2012, respectively.
Other real estate owned, included in other assets on our Consolidated Statements of Financial Condition was $5.4 million and $2.4 million at September 30, 2014 and 2013, respectively.
Impaired loans and troubled debt restructurings
The following table provides a summary of RJ Bank’s impaired loans:
	September 30, 2014												September 30, 2013
	Gross				Unpaid				Allowance				Gross				Unpaid				Allowance
	recorded				principal				for losses				recorded				principal				for losses
	investment				balance								investment				balance
	(in thousands)
Impaired loans with allowance for loan losses:(1)
C&I loans	$	11,959			$	12,563			$	1,289			$	—			$	—			$	—
CRE loans	—				—				—				17				26				1
Residential mortgage loans:
First mortgage loans	43,806				61,372				5,012				52,624				77,240				6,646
Home equity loans/lines	—				—				—				36				74				4
Total	55,765				73,935				6,301				52,677				77,340				6,651
Impaired loans without allowance for loan losses:(2)
C&I loans	—				—				—				89				94				—
CRE loans	18,876				39,717				—				25,495				45,229				—
Residential - first mortgage loans	21,987				32,949				—				21,445				32,617				—
Total	40,863				72,666				—				47,029				77,940				—
Total impaired loans	$	96,628			$	146,601			$	6,301			$	99,706			$	155,280			$	6,651
-1	Impaired loan balances have had reserves established based upon management’s analysis.
-2	When the discounted cash flow, collateral value or market value equals or exceeds the carrying value of the loan, then the loan does not require an allowance.  These are generally loans in process of foreclosure that have already been adjusted to fair value.
The preceding table includes $18.9 million CRE, $12 million C&I, and $36.6 million residential first mortgage TDRs at September 30, 2014 and $2.2 million CRE and $36.6 million residential first mortgage TDRs at September 30, 2013.
The average balance of the total impaired loans and the related interest income recognized in the Consolidated Statements of Income and Comprehensive Income are as follows:
	Year ended September 30,
	2014				2013				2012
	(in thousands)
Average impaired loan balance:
C&I loans	$	6,183			$	15,398			$	10,196
CRE loans	23,416				13,352				11,902
Residential mortgage loans:
First mortgage loans	70,370				77,511				86,854
Home equity loans/lines	21				93				138
Total	$	99,990			$	106,354			$	109,090
Interest income recognized:
Residential mortgage loans:
First mortgage loans	$	1,592			$	1,644			$	1,397
Home equity loans/lines	—				—				4
Total	$	1,592			$	1,644			$	1,401
During the years ended September 30, 2014, 2013, and 2012, RJ Bank granted concessions to borrowers having financial difficulties, for which the resulting modification was deemed a TDR.  The concessions granted for first mortgage residential and corporate loans were generally interest rate reductions, interest capitalization, interest forbearance, amortization and maturity date extensions, or release of liability ordered under Chapter 7 bankruptcy not reaffirmed by the borrower.  The table below presents the TDRs that occurred during the respective periods presented:
	Number of			Pre-modification				Post-modification
	contracts			outstanding				outstanding
				recorded				recorded
				investment				investment
	($ in thousands)
Year ended September 30, 2014:
C&I loans	1			$	19,200			$	15,035
CRE loans	2			$	22,291			$	22,291
Residential – first mortgage loans	14			$	3,599			$	3,892
Total	17			$	45,090			$	41,218
Year ended September 30, 2013:
Residential – first mortgage loans	56			$	13,270			$	13,551
Year ended September 30, 2012:
Residential – first mortgage loans	20			5,875				6,283
During the years ended September 30, 2014, 2013, and 2012, there were three, two, and five residential first mortgage TDRs, respectively, with recorded investments of $852 thousand, $291 thousand, and $1.2 million, respectively, for which there was a payment default and for which the respective loan was modified as a TDR within the 12 months prior to the default.
As of September 30, 2014, RJ Bank had one outstanding commitment on a C&I TDR in the amount $560 thousand. As of September 30, 2013, RJ Bank had no outstanding commitments on TDRs.
Credit quality indicators
The credit quality of RJ Bank’s loan portfolio is summarized monthly by management using the standard asset classification system utilized by bank regulators for the SBL and residential mortgage loan portfolios and internal risk ratings, which correspond to the same standard asset classifications for the corporate loan portfolios.  These classifications are divided into three groups:  Not Classified (Pass), Special Mention, and Classified or Adverse Rating (Substandard, Doubtful and Loss). These terms are defined as follows:
Pass – Loans which are well protected by the current net worth and paying capacity of the obligor (or guarantors, if any) or by the fair value, less costs to acquire and sell, of any underlying collateral in a timely manner.
Special Mention – Loans which have potential weaknesses that deserve management’s close attention. These loans are not adversely classified and do not expose RJ Bank to sufficient risk to warrant an adverse classification.
Substandard – Loans which are inadequately protected by the current sound worth and paying capacity of the obligor or by the collateral pledged, if any. Loans with this classification are characterized by the distinct possibility that RJ Bank will sustain some loss if the deficiencies are not corrected.
Doubtful – Loans which have all the weaknesses inherent in loans classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable on the basis of currently known facts, conditions and values.
Loss – Loans which are considered by management to be uncollectible and of such little value that their continuance on RJ Bank’s books as an asset, without establishment of a specific valuation allowance or charge-off, is not warranted.  RJ Bank does not have any loan balances within this classification because, in accordance with its accounting policy, loans, or a portion thereof considered to be uncollectible, are charged-off prior to the assignment of this classification.
The credit quality of RJ Bank’s held for investment loan portfolio is as follows:
																	Residential mortgage
	C&I				CRE				CRE				Tax-exempt				First				Home			SBL			Total
					construction												mortgage				equity
	(in thousands)
September 30, 2014:
Pass	$	6,321,662			$	94,195			$	1,669,897			$	122,218			$	1,647,325			$	19,572		$	1,023,748		$	10,898,617
Special mention (1)	83,101				—				191				—				15,346				—			—			98,638
Substandard (1)	17,584				—				18,167				—				69,092				412			—			105,255
Doubtful (1)	—				—				908				—				—				—			—			908
Total	$	6,422,347			$	94,195			$	1,689,163			$	122,218			$	1,731,763			$	19,984		$	1,023,748		$	11,103,418
September 30, 2013:
Pass	$	5,012,786			$	60,840			$	1,257,130			$	—			$	1,627,090			$	21,582		$	555,805		$	8,535,233
Special mention (1)	139,159				—				195				—				18,912				150			—			158,416
Substandard (1)	94,060				—				23,524				—				77,446				470			—			195,500
Doubtful (1)	—				—				2,197				—				—				—			—			2,197
Total	$	5,246,005			$	60,840			$	1,283,046			$	—			$	1,723,448			$	22,202		$	555,805		$	8,891,346
-1	Loans classified as special mention, substandard or doubtful are all considered to be “criticized” loans.
The credit quality of RJ Bank’s performing residential first mortgage loan portfolio is additionally assessed utilizing updated LTV ratios.  RJ Bank segregates all of its performing residential first mortgage loan portfolio with higher reserve percentages allocated to the higher LTV loans.  Current LTVs are updated using the most recently available information (generally on a one quarter lag) and are estimated based on the initial appraisal obtained at the time of origination, adjusted using relevant market indices for housing price changes that have occurred since origination.  The value of the homes could vary from actual market values due to changes in the condition of the underlying property, variations in housing price changes within current valuation indices, and other factors.
The table below presents the most recently available update of the performing residential first mortgage loan portfolio summarized by current LTV. The amounts in the table represent the entire loan balance:
	Balance(1)
	(in thousands)
LTV range:
LTV less than 50%	$	454,703
LTV greater than 50% but less than 80%	816,055
LTV greater than 80% but less than 100%	184,512
LTV greater than 100%, but less than 120%	32,222
LTV greater than 120% but less than 140%	5,169
LTV greater than 140%	—
Total	$	1,492,661
-1	Excludes loans that have full repurchase recourse for any delinquent loans.
Allowance for loan losses
Changes in the allowance for loan losses of RJ Bank by portfolio segment are as follows:
					Loans held for investment
	Loans held				C&I				CRE				CRE				Tax-exempt				Residential			SBL			Total
	for sale								construction												mortgage
	(in thousands)
Year ended September 30, 2014:
Balance at beginning of year:	$	—			$	95,994			$	1,000			$	19,266			$	—			$	19,126		$	1,115		$	136,501
Provision (benefit) for loan losses	—				9,560				625				5,860				1,380				(4,759		)	899			13,565
Net (charge-offs)/recoveries:
Charge-offs	—				(1,845		)		—				(16		)		—				(2,015		)	—			(3,876		)
Recoveries	—				16				—				80				—				1,998			35			2,129
Net (charge-offs)/recoveries	—				(1,829		)		—				64				—				(17		)	35			(1,747		)
Foreign currency translation adjustment	—				(546		)		(31		)		(168		)		—				—			—			(745		)
Balance at September 30, 2014	$	—			$	103,179			$	1,594			$	25,022			$	1,380			$	14,350		$	2,049		$	147,574
Year ended September 30, 2013:
Balance at beginning of year:	$	—			$	92,409			$	739			$	27,546			$	—			$	26,138		$	709		$	147,541
Provision (benefit) for loan losses	—				4,505				273				(301		)		—				(2,540		)	628			2,565
Net (charge-offs)/recoveries:
Charge-offs	—				(813		)		—				(9,599		)		—				(6,771		)	(254		)	(17,437		)
Recoveries	—				117				—				1,680				—				2,299			32			4,128
Net charge-offs	—				(696		)		—				(7,919		)		—				(4,472		)	(222		)	(13,309		)
Foreign currency translation adjustment	—				(224		)		(12		)		(60		)		—				—			—			(296		)
Balance at September 30, 2013	$	—			$	95,994			$	1,000			$	19,266			$	—			$	19,126		$	1,115		$	136,501
Year ended September 30, 2012:
Balance at beginning of year:	$	5			$	81,267			$	490			$	30,752			$	—			$	33,210		$	20		$	145,744
(Benefit) provision for loan losses	(5		)		21,543				242				(2,305		)		—				5,655			764			25,894
Net (charge-offs)/recoveries:
Charge-offs	—				(10,486		)		—				(2,000		)		—				(15,270		)	(96		)	(27,852		)
Recoveries	—				—				—				1,074				—				2,543			21			3,638
Net charge-offs	—				(10,486		)		—				(926		)		—				(12,727		)	(75		)	(24,214		)
Foreign currency translation adjustment	—				85				7				25				—				—			—			117
Balance at September 30, 2012	$	—			$	92,409			$	739			$	27,546			$	—			$	26,138		$	709		$	147,541
The following table presents, by loan portfolio segment, RJ Bank’s recorded investment and related allowance for loan losses:
		Loans held for investment
		C&I				CRE				CRE				Tax-exempt				Residential				SBL			Total
						construction												mortgage
	(in thousands)
September 30, 2014:
Allowance for loan losses:
Individually evaluated for impairment		$	1,289			$	—			$	—			$	—			$	5,012			$	—		$	6,301
Collectively evaluated for impairment		101,890				1,594				25,022				1,380				9,338				2,049			141,273
Total allowance for loan losses		$	103,179			$	1,594			$	25,022			$	1,380			$	14,350			$	2,049		$	147,574
Recorded investment:(1)
Individually evaluated for impairment		$	11,959			$	—			$	18,876			$	—			$	65,793			$	—		$	96,628
Collectively evaluated for impairment		6,410,388				94,195				1,670,287				122,218				1,685,954				1,023,748			11,006,790
Total recorded investment		$	6,422,347			$	94,195			$	1,689,163			$	122,218			$	1,751,747			$	1,023,748		$	11,103,418
September 30, 2013:
Allowance for loan losses:
Individually evaluated for impairment		$	—			$	—			$	1			$	—			$	6,650		(2)	$	—		$	6,651
Collectively evaluated for impairment		95,994				1,000				19,265				—				12,476			(2)	1,115			129,850
Total allowance for loan losses		$	95,994			$	1,000			$	19,266			$	—			$	19,126			$	1,115		$	136,501
Recorded investment:(1)
Individually evaluated for impairment		$	89			$	—			$	25,512			$	—			$	74,105		(2)	$	—		$	99,706
Collectively evaluated for impairment		5,245,916				60,840				1,257,534				—				1,671,545			(2)	555,805			8,791,640
Total recorded investment		$	5,246,005			$	60,840			$	1,283,046			$	—			$	1,745,650			$	555,805		$	8,891,346
-1	Excludes any net unearned income and deferred expenses.
-2	The amounts presented have been revised from those reported in the prior year in order to present such prior year balances in a manner that is consistent with the current year computational method.
The reserve for unfunded lending commitments was $10 million and $9.3 million at September 30, 2014 and 2013, respectively.

PREPAID_EXPENSES_AND_OTHER_ASS

PREPAID EXPENSES AND OTHER ASSETS	12 Months Ended
	Sep. 30, 2014
Prepaid Expense and Other Assets [Abstract]	'
PREPAID EXPENSES AND OTHER ASSETS	'
	PREPAID EXPENSES AND OTHER ASSETS
	Prepaid expenses and other assets include the following:
		September 30,
		2014		2013
		(in thousands)
	Investments in company-owned life insurance (1)	$	287,144	$	244,921
	Investment in FHLB stock	32,636		12,125
	Investment in FRB stock	22,950		21,300
	Prepaid expenses	83,509		77,765
	Low-income housing tax credit fund financing asset (2)	28,421		33,670
	Indemnification asset (3)	154,681		171,135
	Other assets	45,915		50,509
	Prepaid expenses and other assets	$	655,256	$	611,425
	-1	As of September 30, 2014, we own life insurance policies with a cumulative face value of $797.2 million.
	-2	In a prior year, we sold an investment in a low-income housing tax credit fund and we guaranteed the return on investment to the purchaser. As a result of this guarantee obligation, we are the primary beneficiary of the fund (see Note 11 for further information regarding the consolidation of this fund) and we have accounted for this transaction as a financing. As a financing transaction, we continue to account for the asset transferred to the purchaser, and maintain a related liability corresponding to our obligations under the guarantee. As the benefits are delivered to the purchaser of the investment, this financing asset and the related liability decrease. A related financing liability in the amount of $28.4 million and $33.7 million is included in trade and other payables on our Consolidated Statements of Financial Condition as of September 30, 2014 and 2013, respectively. See Note 21 for further discussion of our obligations under the guarantee.
	-3	The indemnification asset pertains to legal matters for which Regions has indemnified RJF in connection with our acquisition of Morgan Keegan. The liabilities related to such matters are included in trade and other payables on our Consolidated Statements of Financial Condition. See Notes 3 and 21 for additional information.

VARIABLE_INTEREST_ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Sep. 30, 2014
Variable Interest Entities [Abstract]	'
VARIABLE INTEREST ENTITIES	'
	VARIABLE INTEREST ENTITIES
	A VIE requires consolidation by the entity’s primary beneficiary. We evaluate all of the entities in which we are involved to determine if the entity is a VIE and if so, whether we hold a variable interest and are the primary beneficiary. See the “Evaluation of VIE’s to determine whether consolidation is required” section of Note 2 for a discussion of our principal involvement with the VIE’s and a summary of our accounting policies regarding our evaluations of VIE’s to determine whether we hold a variable interest and whether we are deemed to be the primary beneficiary of any VIE’s in which we hold an interest.
	VIEs where we are the primary beneficiary
	Of the VIEs in which we hold an interest, we have determined that the EIF Funds, the Restricted Stock Trust Fund and certain LIHTC Funds require consolidation in our financial statements as we are deemed the primary beneficiary of those VIEs (see Note 2 for discussion of our accounting policies governing these determinations).  The aggregate assets and liabilities of the VIEs we consolidate are provided in the table below.
		Aggregate				Aggregate
		assets (1)				liabilities (1)
		(in thousands)
	September 30, 2014
	LIHTC Funds	$	179,050			$	60,180
	Guaranteed LIHTC Fund (2)	74,798				—
	Restricted Stock Trust Fund	6,608				6,608
	EIF Funds	6,041				—
	Total	$	266,497			$	66,788
	September 30, 2013
	LIHTC Funds	$	208,634			$	78,055
	Guaranteed LIHTC Fund (2)	81,712				—
	Restricted Stock Trust Fund	13,075				6,710
	EIF Funds	7,588				—
	Total	$	311,009			$	84,765
	-1	Aggregate assets and aggregate liabilities differ from the consolidated carrying value of assets and liabilities due to the elimination of intercompany assets and liabilities held by the consolidated VIE.
	-2	In connection with one of the multi-investor tax credit funds in which RJTCF is the managing member, RJTCF has provided one investor member with a guaranteed return on their investment in the fund. See Note 10 for information regarding the financing asset associated with this fund, and see Note 21 for additional information regarding this commitment.
	The following table presents information about the carrying value of the assets, liabilities and equity of the VIEs which we consolidate and which are included within our Consolidated Statements of Financial Condition. The noncontrolling interests presented in this table represent the portion of these net assets which are not ours.
		September 30,
		2014				2013
		(in thousands)
	Assets:
	Assets segregated pursuant to regulations and other segregated assets	$	10,887			$	11,857
	Receivables, other	5,812				5,763
	Investments in real estate partnerships held by consolidated variable interest entities	235,858				272,096
	Trust fund investment in RJF common stock (1)	6,607				13,073
	Prepaid expenses and other assets	5,728				8,230
	Total assets	$	264,892			$	311,019
	Liabilities and equity:
	Trade and other payables	$	10,157			$	1,428
	Intercompany payables	6,608				6,390
	Loans payable of consolidated variable interest entities (2)	43,877				62,938
	Total liabilities	60,642				70,756
	RJF equity	6,165				6,175
	Noncontrolling interests	198,085				234,088
	Total equity	204,250				240,263
	Total liabilities and equity	$	264,892			$	311,019
	-1	Included in treasury stock in our Consolidated Statements of Financial Condition.
	-2	Comprised of several non-recourse loans. We are not contingently liable under any of these loans (see Note 16 for additional information).
	The following table presents information about the net (loss) income of the VIEs which we consolidate, and is included within our Consolidated Statements of Income and Comprehensive Income. The noncontrolling interests presented in this table represents the portion of the net loss from these VIEs which is not ours.
			Year ended September 30,
			2014				2013				2012
			(in thousands)
	Revenues:
	Interest		$	1			$	4			$	3
	Other		1,334				3,538				3,944
	Total revenues		1,335				3,542				3,947
	Interest expense		(2,900		)		(3,959		)		(5,032		)
	Net revenues (expense)		(1,565		)		(417		)		(1,085		)
	Non-interest expenses		40,819				27,292				25,207
	Net loss including noncontrolling interests		(42,384		)		(27,709		)		(26,292		)
	Net loss attributable to noncontrolling interests		(42,374		)		(27,779		)		(26,860		)
	Net (loss) income attributable to RJF		$	(10	)		$	70			$	568
	Low-income housing tax credit funds
	RJTCF is the managing member or general partner in 91 separate low-income housing tax credit funds having one or more investor members or limited partners, 81 of which are determined to be VIEs and ten of which are determined not to be VIEs.  RJTCF has concluded that it is the primary beneficiary of eight non-guaranteed LIHTC Fund VIEs and accordingly, consolidates these funds.  In addition, RJTCF consolidates the one Guaranteed LIHTC Fund VIE it sponsors. See Note 21 for further discussion of the guarantee obligation as well as other RJTCF commitments. RJTCF also consolidates four of the funds it determined not to be VIEs.
	VIEs where we hold a variable interest but are not the primary beneficiary
	Low-income housing tax credit funds
	RJTCF does not consolidate the LIHTC Fund VIEs that it determines it is not the primary beneficiary of. Our risk of loss is limited to our investments in, advances to, and receivables due from these funds.
	New market tax credit funds
One of our affiliates is the managing member of seven NMTC Funds, and, as discussed in Note 2, this affiliate is not deemed to be the primary beneficiary of these NMTC Funds. These NMTC Funds are therefore not consolidated. Our risk of loss is limited to our receivables due from these funds.
Other real estate limited partnerships and LLCs
We have a variable interest in several limited partnerships involved in various real estate activities in which a subsidiary is either the general partner or a limited partner. As discussed in Note 2, we have determined that we are not the primary beneficiary of these VIEs. Accordingly, we do not consolidate these partnerships or LLCs. The carrying value of our investment in these partnerships or LLCs represents our risk of loss.
Aggregate assets, liabilities and risk of loss
The aggregate assets, liabilities, and our exposure to loss from those VIEs in which we hold a variable interest, but as to which we have concluded we are not the primary beneficiary, are provided in the table below.
	September 30, 2014												September 30, 2013
	Aggregate				Aggregate				Our risk				Aggregate		Aggregate		Our risk
	assets				liabilities				of loss				assets		liabilities		of loss
	(in thousands)
LIHTC Funds	$	2,988,224			$	899,586			$	48,915			$	2,532,457	$	762,346	$	14,387
NMTC Funds	83,474				2				13				140,499		278		13
Other Real Estate Limited Partnerships and LLCs	30,202				36,262				183				30,240		35,512		212
Total	$	3,101,900			$	935,850			$	49,111			$	2,703,196	$	798,136	$	14,612
VIEs where we hold a variable interest but we are not required to consolidate
Managed Funds
As described in Note 2, we have subsidiaries which serve as the general partner of the Managed Funds, which we have concluded we are not required to consolidate.
The aggregate assets, liabilities, and our exposure to loss from Managed Funds are provided in the table below:
	September 30, 2014												September 30, 2013
	Aggregate				Aggregate				Our risk				Aggregate		Aggregate		Our risk
	assets				liabilities				of loss				assets		liabilities		of loss
	(in thousands)
Managed Funds	$	103,618			$	11			$	94			$	56,321	$	1,415	$	202

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
PROPERTY AND EQUIPMENT	'
	PROPERTY AND EQUIPMENT
		September 30,
		2014			2013
		(in thousands)
	Land	$	20,104		$	20,104
	Construction in process	3,295			707
	Software	151,590			131,115
	Buildings, leasehold and land improvements	234,104			235,239
	Furniture, fixtures, and equipment	176,564			200,055
		585,657			587,220
	Less: Accumulated depreciation and amortization	(340,256		)	(342,804		)
	Total property and equipment, net	$	245,401		$	244,416

GOODWILL_AND_IDENTIFIABLE_INTA

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS	12 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS	'
	GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS
	The following are our goodwill and net identifiable intangible asset balances as of the dates indicated:
		September 30,
		2014				2013
		(in thousands)
	Goodwill	$	295,486			$	295,486
	Identifiable intangible assets, net	58,775				65,978
	Total goodwill and identifiable intangible assets, net	$	354,261			$	361,464
	Goodwill
	Our goodwill as of September 30, 2014 results from our fiscal year 1999 acquisition of Roney & Co. (now part of RJ&A), our fiscal year 2001 acquisition of Goepel McDermid, Inc. (now RJ Ltd.), our April 1, 2011 acquisition of Howe Barnes Hoefer & Arnett, and our April 2, 2012 acquisition of Morgan Keegan (see Note 3 for additional information regarding this acquisition). The goodwill that arose from our April 4, 2011 acquisition of a controlling interest in Raymond James European Securities, S.A.S (“RJES”) was determined to be completely impaired in fiscal year 2013.
	The following summarizes our goodwill by segment, along with the balance and activity for the years indicated:
		Segment
		Private client group				Capital markets				Total
		(in thousands)
	Goodwill at September 30, 2012	$	173,317			$	126,794			$	300,111
	Additions (1)	1,267				1,041				2,308
	Impairment losses (2)	—				(6,933		)		(6,933		)
	Goodwill at September 30, 2013	$	174,584			$	120,902			$	295,486
	Impairment losses	—				—				—
	Goodwill at September 30, 2014	$	174,584			$	120,902			$	295,486
	-1	The goodwill adjustment in the prior fiscal year arose from a change in a tax election pertaining to whether assets acquired and liabilities assumed are written-up to fair value for tax purposes. This election is made on an entity-by-entity basis, and during the period indicated, our assumption regarding whether we would make such election changed for one of the Morgan Keegan entities we acquired. The offsetting balance associated with this adjustment to goodwill was the net deferred tax asset.
	-2	The impairment expense in the prior fiscal year ended September 30, 2013 is associated with the RJES reporting unit. We concluded the goodwill associated with this reporting unit to be completely impaired during fiscal year 2013. Since we did not own 100% of RJES as of the goodwill impairment testing date, for the year ended September 30, 2013 the effect of this impairment expense on the pre-tax income attributable to Raymond James Financial, Inc. is approximately $4.6 million and the portion of the impairment expense attributable to the noncontrolling interests is approximately $2.3 million.
	As described in Note 2, goodwill is subject to an evaluation of potential impairment on an annual basis, or more often if events or circumstances indicate there may be impairment.
	We performed our annual goodwill impairment testing during the quarter ended March 31, 2014, evaluating the balances as of December 31, 2013. We performed a qualitative assessment for each reporting unit that includes an allocation of goodwill to determine whether it is more likely than not that the carrying value of such reporting unit, including the recorded goodwill, is in excess of the fair value of the reporting unit. In any instance in which we are unable to qualitatively conclude that it is more likely than not that the fair value of the reporting unit exceeds the reporting unit carrying value including goodwill, a quantitative analysis of the fair value of the reporting unit would be performed. Based upon the outcome of our qualitative assessment, we determined that no quantitative analysis of the fair value of any reporting unit as of December 31, 2013 was required, and we concluded that none of the goodwill allocated to any of our reporting units as of December 31, 2013 was impaired. No events have occurred since December 31, 2013 that would cause us to update our latest annual impairment testing.
	In the prior fiscal year, we performed our annual goodwill impairment testing as of December 31, 2012. For this testing, we did not choose to exercise the option to perform a qualitative assessment, but instead chose to perform a quantitative assessment of the equity value of each reporting unit that includes an allocation of goodwill. In our determination of the reporting unit fair value of equity, we used a combination of the income approach and the market approach. Under the income approach, we used discounted cash flow models applied to each respective reporting unit. Under the market approach, we calculated an estimated fair value based on a combination of multiples of earnings of guideline companies in the brokerage and capital markets industry that are publicly traded on organized exchanges, and the book value of comparable transactions. The estimated fair value of the equity of the reporting unit resulting from each of these valuation approaches was dependent upon the estimates of future business unit revenues and costs, such estimates were subject to critical assumptions regarding the nature and health of financial markets in future years as well as the discount rate to apply to the projected future cash flows. In estimating future cash flows, a balance sheet as of the test date and a statement of operations for the last twelve months of activity for each reporting unit (or for the nine month period since the Closing Date for Morgan Keegan reporting units) were compiled. Future balance sheets and statements of operations were then projected, and estimated future cash flows were determined by the combination of these projections. The cash flows were discounted at the reporting units estimated cost of equity which was derived through application of the capital asset pricing model. The valuation result from the market approach was dependent upon the selection of the comparable guideline companies and transactions and the earnings multiple applied to each respective reporting units’ projected earnings. Finally, significant management judgment was applied in determining the weight assigned to the outcome of the market approach and the income approach, which resulted in one single estimate of the fair value of the equity of the reporting unit.
	The following summarizes certain key assumptions utilized in our quantitative analysis performed in the prior fiscal year:
									Key assumptions
														Weight assigned to the outcome of:
	Segment		Reporting unit		Goodwill as of the impairment testing date (in thousands)				Discount rate used in the income approach			Multiple applied to revenue/EPS in the market approach		Income approach			Market approach
	Private client group:		MK & Co. - PCG		$	126,486			14	%		0.5x/10.0x		50	%		50	%
			RJ&A - PCG		31,954				13	%		0.5x/13.5x		50	%		50	%
			RJ Ltd. - PCG		16,144				18	%		1.0x/12.0x		50	%		50	%
					$	174,584
	Capital markets:		RJ&A - fixed income		$	77,325			14	%		1.0x/9.0x		50	%		50	%
			RJ Ltd. - equity capital markets		16,893				20	%		1.1x/11.0x		50	%		50	%
			MK & Co. - fixed income		13,646				16	%		0.9x/8.0x		50	%		50	%
			RJ&A - equity capital markets		13,038				15	%		0.3x/7.0x		50	%		50	%
					120,902
	Total				$	295,486
	The assumptions and estimates utilized in determining the fair value of reporting unit equity are sensitive to changes, including, but not limited to, a decline in overall market conditions, adverse business trends and changes in regulations.
	Based upon the outcome of our prior year quantitative assessments, we concluded that the goodwill associated with RJES, a joint venture based in Paris, France that we hold a controlling interest in, was completely impaired. The impairment expense recorded in the year ended September 30, 2013 of $6.9 million is included in other expense on our Consolidated Statements of Income and Comprehensive Income. Since we did not own 100% of RJES as of the annual testing date, our share of this impairment expense after consideration of the noncontrolling interests amounts to $4.6 million. RJES is an entity that provides research coverage on European corporations as well as having sales and trading operations. The decline in value of RJES as of December 31, 2012 was primarily due to the economic slowdown experienced in Europe which was having a negative impact on the financial services entities operating therein at such time, as well as certain management decisions that were made during the quarter ended March 31, 2013 which impacted RJES’ operating plans on a going forward basis. In April 2013, we purchased all of the outstanding equity in RJES that was held by others, thus we now have sole control over RJES. There was no goodwill impairment in any other reporting unit in fiscal year 2013.
	Identifiable intangible assets, net
	The following table sets forth our identifiable intangible asset balances by segment, net of accumulated amortization, and activity for the years indicated:
		Segment
		Private client group				Capital markets				Asset management				RJ Bank				Total
		(in thousands)
	Net identifiable intangible assets as of September 30, 2011	$	210			$	833			$	—			$	—			$	1,043
	Additions(1)	10,000				55,000				—				—				65,000
	Amortization expense	(381		)		(4,527		)		—				—				(4,908		)
	Impairment losses	—				—				—				—				—
	Net identifiable intangible assets as of September 30, 2012	$	9,829			$	51,306			$	—			$	—			$	61,135
	Additions	—				—				13,329			(2)	1,085			(3)	14,414
	Amortization expense	(638		)		(7,832		)		(1,000		)		(101		)		(9,571		)
	Impairment losses	—				—				—				—				—
	Net identifiable intangible assets as of September 30, 2013	$	9,191			$	43,474			$	12,329			$	984			$	65,978
	Additions	—				—				—				408			(3)	408
	Amortization expense	(580		)		(5,499		)		(1,333		)		(199		)		(7,611		)
	Impairment losses	—				—				—				—				—
	Net identifiable intangible assets as of September 30, 2014	$	8,611			$	37,975			$	10,996			$	1,193			$	58,775
	-1	The fiscal year 2012 additions are directly attributable to the identified intangible assets associated with the Morgan Keegan acquisition, see Note 3 for further information regarding the acquisition.
	-2	This fiscal year 2013 addition is directly attributable to the customer list asset associated with our first quarter fiscal year 2013 acquisition of a 45% interest in ClariVest (see Note 3 for additional information). Since we are consolidating ClariVest, the amount represents the entire customer relationship intangible asset associated with the acquisition transaction; the amount shown is unadjusted by the 55% share of ClariVest attributable to others.
	-3	The additions are the result of mortgage servicing rights held by RJ Bank. The estimated useful life associated with these additions is approximately 10 years.
	Identifiable intangible assets by type are presented below:
	September 30, 2014								September 30, 2013
	Gross carrying value				Accumulated amortization				Gross carrying value				Accumulated amortization
	(in thousands)
Customer relationships	$	65,957			$	(13,875	)		$	65,957			$	(8,663	)
Trade name	2,000				(2,000		)		2,000				(2,000		)
Developed technology	11,000				(5,500		)		11,000				(3,300		)
Non-compete agreements	1,000				(1,000		)		1,000				(1,000		)
Mortgage servicing rights	1,493				(300		)		1,085				(101		)
Total	$	81,450			$	(22,675	)		$	81,042			$	(15,064	)
Projected amortization expense by fiscal year associated with the identifiable intangible assets as of September 30, 2014 is as follows:
Fiscal year ended September 30,		(in thousands)
2015		$	7,469
2016		7,289
2017		6,177
2018		5,065
2019		5,056
Thereafter		27,719
		$	58,775

BANK_DEPOSITS

BANK DEPOSITS	12 Months Ended
	Sep. 30, 2014
Deposits [Abstract]	'
BANK DEPOSITS	'
	BANK DEPOSITS
	Bank deposits include Negotiable Order of Withdrawal (“NOW”) accounts, demand deposits, savings and money market accounts and certificates of deposit of RJ Bank. The following table presents a summary of bank deposits including the weighted-average rate:
		September 30, 2014				September 30, 2013
		Balance		Weighted-average rate (1)		Balance			Weighted-average rate (1)
		($ in thousands)
	Bank deposits:
	NOW accounts	$	5,792	0.01	%	$	7,003		0.01	%
	Demand deposits (non-interest-bearing)	8,386		—		8,555			—
	Savings and money market accounts	9,670,043		0.02	%	8,966,439			0.02	%
	Certificates of deposit	344,703		1.81	%	313,374			1.96	%
	Total bank deposits(2)	$	10,028,924	0.09	%	$	9,295,371		0.09	%
	-1	Weighted-average rate calculation is based on the actual deposit balances at September 30, 2014 and 2013, respectively.
	-2	Bank deposits exclude affiliate deposits of approximately $509 million (which includes $500 million held in a deposit account on behalf of RJF, see Note 30) at September 30, 2014, and $6 million at September 30, 2013.
	RJ Bank’s savings and money market accounts in the table above consist primarily of deposits that are cash balances swept from the investment accounts maintained at RJ&A. These balances are held in Federal Deposit Insurance Corporation (“FDIC”) insured bank accounts through the Raymond James Bank Deposit Program (“RJBDP”) administered by RJ&A.
	Scheduled maturities of certificates of deposit are as follows:
		September 30, 2014					September 30, 2013
		Denominations		Denominations			Denominations			Denominations
		greater than or		less than $100,000			greater than or			less than $100,000
		equal to $100,000					equal to $100,000
		(in thousands)
	Three months or less	$	11,761	$	9,482		$	7,343		$	8,540
	Over three through six months	9,067		10,317			5,908			6,264
	Over six through twelve months	15,809		21,002			9,459			13,976
	Over one through two years	33,366		27,722			31,123			37,918
	Over two through three years	45,842		33,529			33,404			27,873
	Over three through four years	35,362		11,301			47,822			35,270
	Over four through five years	55,556		24,587			36,574			11,900
	Total	$	206,763	$	137,940		$	171,633		$	141,741
	Interest expense on deposits is summarized as follows:
		Year ended September 30,
		2014		2013			2012
		(in thousands)
	Certificates of deposit	$	6,126	$	6,239		$	6,501
	Money market, savings and NOW accounts	1,833		2,793			2,983
	Total interest expense on deposits	$	7,959	$	9,032		$	9,484

OTHER_BORROWINGS

OTHER BORROWINGS	12 Months Ended
	Sep. 30, 2014
Other Borrowings [Abstract]	'
OTHER BORROWINGS	'
	OTHER BORROWINGS
	The following table details the components of other borrowings:
		September 30,
		2014				2013
		(in thousands)
	Other borrowings:
	FHLB advances	$	500,000		(1)	$	—
	Borrowings on secured lines of credit (2)	154,700				84,076
	Borrowings on ClariVest revolving credit facility	216			(3)	—
	Borrowings on unsecured lines of credit (4)	—				—
	Total other borrowings	$	654,916			$	84,076
	-1	Borrowings from the FHLB at September 30, 2014 are comprised of two $250 million floating-rate advances. The weighted average interest rate on these advances is 0.20% at September 30, 2014. These advances are secured by a blanket lien granted to the FHLB on RJ Bank’s residential loan portfolio and mature in September 2017. The interest rate resets on a monthly basis for one of the advances, and a quarterly basis for the other. RJ Bank has the option to prepay each advance without penalty on each interest reset date.
	-2	Other than a $5 million borrowing outstanding on the Regions Credit Facility (as hereinafter defined) as of both September 30, 2014 and 2013, any borrowings on secured lines of credit are day-to-day and are generally utilized to finance certain fixed income securities.
	A subsidiary of RJF (the “Borrower”) is a party to a Revolving Credit Agreement (the “Regions Credit Facility”) with Regions Bank. The Regions Credit Facility provides for a revolving line of credit from Regions Bank to the Borrower and is subject to a guarantee in favor of Regions Bank provided by RJF. The proceeds from any borrowings under the line are used for working capital and general corporate purposes. The obligations under the Regions Credit Facility are secured by, subject to certain exceptions, all of the present and future ARS owned by the Borrower (the “Pledged ARS”). The amount of any borrowing under the Regions Credit Facility cannot exceed the lesser of 70% of the value of the Pledged ARS, or $100 million. The maximum amount available to borrow was $92.4 million and the outstanding borrowings were $5 million as of September 30, 2014. The Regions Credit Facility bears interest at a variable rate which is 2.75% over LIBOR. The facility expires on April 2, 2015.
	-3	The outstanding balance on the revolving line of credit provided to ClariVest by a third party lender (the “ClariVest Facility”). The maximum amount available to borrow under ClariVest Facility is $500 thousand, bearing interest at a variable rate which is 1% over the lenders prime rate. The ClariVest Facility expires on September 10, 2018.
	-4	Any borrowings on unsecured lines of credit are day-to-day and are generally utilized for cash management purposes.
	The interest rates for all of our U.S. and Canadian secured and unsecured financing facilities are variable and are based on the Fed Funds rate, LIBOR, a lenders prime rate, or the Canadian prime rate, as applicable. For the fiscal year ended September 30, 2014, interest rates on the U.S. facilities, other than the ClariVest Facility and the Regions Credit Facility, which were utilized during the year ranged from 0.19% to 2.25% (on a 360 days per year basis). The interest rate on the ClariVest Facility during the fiscal year ended September 30, 2014 was 4.25% (on a 360 days per year basis). The interest rate on the Canadian facility which was utilized from time-to-time throughout fiscal year 2014 was 2.25% (on a 360 days per year basis).
	Our other borrowings as of September 30, 2014, mature as follows based on their contractual terms:
	Fiscal year ended September 30,		(in thousands)
	2015		$	154,700
	2016		—
	2017		500,000
	2018		216
	Total		$	654,916
	There were other collateralized financings outstanding in the amount of $244 million and $301 million as of September 30, 2014 and 2013, respectively. These other collateralized financings are included in securities sold under agreements to repurchase on the Consolidated Statements of Financial Condition. These financings are collateralized by non-customer, RJ&A-owned securities. See Note 19 for additional information regarding offsetting asset and liability balances as well as additional information regarding the collateral.

LOANS_PAYABLE_OF_CONSOLIDATED_

LOANS PAYABLE OF CONSOLIDATED VARIABLE INTEREST ENTITIES	12 Months Ended
	Sep. 30, 2014
Loans Payable of Consolidated Variable Interest Entities [Abstract]	'
LOANS PAYABLE OF CONSOLIDATED VARIABLE INTEREST ENTITIES	'
	LOANS PAYABLE OF CONSOLIDATED VARIABLE INTEREST ENTITIES
	Certain of the VIEs that we consolidate have borrowings which are comprised of non-recourse loans. These loans have imputed interest rates ranging from 5.17% to 6.38%. Payments on these loans are made semi-annually by the borrowing VIE directly to the third party lender. These loans mature on dates ranging from January 2, 2015 through January 2, 2019. We are not contingently obligated under any of these loans. See Note 11 for additional information regarding the entities determined to be VIEs, and which of those entities we consolidate.
	VIEs’ loans payable are presented below:
		September 30,
		2014			2013
		(in thousands)
	Current portion of loans payable	$	17,949		$	19,061
	Long-term portion of loans payable	25,928			43,877
	Total loans payable	$	43,877		$	62,938
	The principal amount of the VIEs’ borrowings as of September 30, 2014, mature as follows based on their contractual terms:
	Fiscal year ended September 30,		(in thousands)
	2015		$	17,949
	2016		13,331
	2017		8,240
	2018		3,668
	2019		689
	Total		$	43,877

CORPORATE_DEBT

CORPORATE DEBT	12 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
CORPORATE DEBT	'
	CORPORATE DEBT
	The following summarizes our corporate debt:
		September 30,
		2014			2013
		(in thousands)
	Mortgage notes payable (1)	$	41,802		$	45,662
	4.25% senior notes, due 2016, net of unamortized discount of $154 thousand and $255 thousand at September 30, 2014 and 2013, respectively (2)	249,846			249,745
	8.60% senior notes, due 2019, net of unamortized discount of $25 thousand and $30 thousand at September 30, 2014 and 2013, respectively (3)	299,975			299,970
	5.625% senior notes, due 2024, net of unamortized discount of $787 thousand and $869 thousand at September 30, 2014 and 2013, respectively (4)	249,213			249,131
	6.90% senior notes, due 2042 (5)	350,000			350,000
	Total corporate debt	$	1,190,836		$	1,194,508
	-1	Mortgage notes payable pertain to mortgage loans on our headquarters office complex. These mortgage loans are secured by land, buildings, and improvements with a net book value of $50.5 million at September 30, 2014.  These mortgage loans bear interest at 5.7% with repayment terms of monthly interest and principal debt service and have a January 2023 maturity.
	-2	In April 2011, we sold in a registered underwritten public offering, $250 million in aggregate principal amount of 4.25% senior notes due April 2016.  Interest on these senior notes is payable semi-annually.  We may redeem some or all of these senior notes at any time prior to their maturity at a redemption price equal to the greater of (i) 100% of the principal amount of the notes to be redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 30 basis points, plus accrued and unpaid interest thereon to the redemption date.
	-3	In August 2009, we sold in a registered underwritten public offering, $300 million in aggregate principal amount of 8.60% senior notes due August 2019. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 50 basis points, plus accrued and unpaid interest thereon to the redemption date.
	-4	In March 2012, we sold in a registered underwritten public offering, $250 million in aggregate principal amount of 5.625% senior notes due April 2024. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 50 basis points, plus accrued and unpaid interest thereon to the redemption date.
	-5	In March 2012, we sold in a registered underwritten public offering, $350 million in aggregate principal amount of 6.90% senior notes due March 2042. Interest on these senior notes is payable quarterly in arrears. On or after March 15, 2017, we may redeem some or all of the senior notes at any time at the redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued interest thereon to the redemption date.
	Our corporate debt as of September 30, 2014, matures as follows based on its contractual terms:
	Fiscal year ended September 30,		(in thousands)
	2015		$	4,086
	2016		254,171
	2017		4,578
	2018		4,846
	2019		305,105
	Thereafter		618,050
	Total		$	1,190,836

DERIVATIVE_FINANCIAL_INSTRUMEN

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
DERIVATIVE FINANCIAL INSTRUMENTS	'
	DERIVATIVE FINANCIAL INSTRUMENTS
	The significant accounting policies governing our derivative financial instruments, including our methodologies for determining fair value, are described in Note 2.
	Derivatives arising from our fixed income business operations
	We enter into derivatives contracts as part of our fixed income operations in either over-the-counter market activities, or through “matched book” activities. Each of these activities are described further below.
	We enter into interest rate swaps and futures contracts either as part of our fixed income business to facilitate client transactions, to hedge a portion of our trading inventory, or to a limited extent for our own account.  The majority of these derivative positions are executed in the over-the-counter market with financial institutions (the “OTC Derivatives Operations”). Cash flows related to the interest rate contracts arising from the OTC Derivative Operations, are included as operating activities (the “trading instruments, net” line) on the Consolidated Statements of Cash Flows.
	RJSS enters into derivative transactions (primarily interest rate swaps) with clients. For every derivative transaction RJSS enters into with a customer, RJSS enters into an offsetting transaction, on terms that mirror the customer transaction, with a credit support provider which is a third party financial institution. Due to this “pass-through” transaction structure, RJSS has completely mitigated the market and credit risk related to these derivative contracts. Therefore, the ultimate credit and market risk resides with the third party financial institution. RJSS only has credit risk related to its uncollected derivative transaction fee revenues. In these activities, we do not use derivative instruments for trading or hedging purposes. As a result of the structure of these transactions, we refer to the derivative contracts we enter into as a result of these operations as our offsetting “matched book” derivative operations (the “Offsetting Matched Book Derivatives Operations”).
	Any collateral required to be exchanged under the contracts arising from the Offsetting Matched Book Derivatives Operations is administered directly by the client and the third party financial institution. RJSS does not hold any collateral, or administer any collateral transactions, related to these instruments. We record the value of each derivative position arising from the Offsetting Matched Book Derivatives Operations at fair value, as either an asset or offsetting liability, presented as “derivative instruments associated with offsetting matched book positions,” as applicable, on our Consolidated Statements of Financial Condition.
	The receivable for uncollected derivative transaction fee revenues of RJSS is $7 million and $8 million at September 30, 2014 and 2013, respectively, and is included in other receivables on our Consolidated Statements of Financial Condition.
	None of the derivatives described above arising from either our OTC Derivatives Operations or our Offsetting Matched Book Derivatives Operations are designated as fair value or cash flow hedges.
	Derivatives arising from RJ Bank’s business operations
	A Canadian subsidiary of RJ Bank conducts operations directly related to RJ Bank’s Canadian corporate loan portfolio. U.S. subsidiaries of RJ Bank utilize forward foreign exchange contracts to hedge RJ Bank’s foreign currency exposure due to its non-U.S. dollar net investment.  Cash flows related to these derivative contracts are classified within operating activities in the Consolidated Statements of Cash Flows.
	Description of the collateral we hold related to derivative contracts
	Where permitted, we elect to net-by-counterparty certain derivative contracts entered into in our OTC Derivatives Operations and by RJ Bank’s U.S. subsidiaries.  Certain of these contracts contain a legally enforceable master netting arrangement that allows for netting of all derivative transactions with each counterparty and, therefore, the fair value of those derivative contracts are netted by counterparty in the Consolidated Statements of Financial Condition.  The credit support annex related to the interest rate swaps and certain forward foreign exchange contracts allows parties to the master agreement to mitigate their credit risk by requiring the party which is out of the money to post collateral.  We accept collateral in the form of cash or other marketable securities.  As we elect to net-by-counterparty the fair value of derivative contracts arising from our OTC Derivatives Operations, we also net-by-counterparty any cash collateral exchanged as part of those derivative agreements. Refer to Note 19 for additional information regarding offsetting asset and liability balances.
	This cash collateral is recorded net-by-counterparty at the related fair value.  The cash collateral included in the net fair value of all open derivative asset positions arising from our OTC Derivatives Operations aggregates to a net liability of $21 million and $13 million at September 30, 2014 and 2013, respectively.  The cash collateral included in the net fair value of all open derivative liability positions from our OTC Derivatives Operations aggregates to a net asset of $23 million and $22 million at September 30, 2014 and September 30, 2013, respectively.  Our maximum loss exposure under the interest rate swap contracts arising from our OTC Derivatives Operations at September 30, 2014 is $29 million.
	RJ Bank provides to counterparties for the benefit of its U.S. subsidiaries, a guarantee of payment in the event of the subsidiaries’ default under forward foreign exchange contracts.  Due to this RJ Bank guarantee and the short-term nature of these derivatives, RJ Bank’s U.S. subsidiaries are not required to post collateral and do not receive collateral with respect to certain derivative contracts with the respective counterparties. As of September 30, 2014, all of RJ Bank’s forward foreign exchange contracts are assets, therefore we consider there to be no significant exposure to loss under these contracts.
	Derivative balances included in our financial statements
	See the table below for the notional and fair value amounts of both the asset and liability derivatives.
		Asset derivatives
		September 30, 2014								September 30, 2013
		Balance sheet		Notional			Fair			Balance sheet		Notional		Fair
		location		amount			value(1)			location		amount		value(1)
		(in thousands)
	Derivatives designated as hedging instruments:
	Forward foreign exchange contracts	Prepaid expenses and other assets		$	609,018		$	2,101		Prepaid expenses and other assets		$	—	$	—
	Derivatives not designated as hedging instruments:
	Interest rate contracts(2)	Trading instruments		$	2,198,357		$	89,923		Trading instruments		$	2,407,387	$	89,633
	Interest rate contracts(3)	Derivative instruments associated with offsetting matched book positions		$	1,796,288		$	323,337		Derivative instruments associated with offsetting matched book positions		$	1,944,408	$	250,341
	Forward foreign exchange contracts	Prepaid expenses and other assets		$	105,179		$	361		Prepaid expenses and other assets		$	—	$	—
		Liability derivatives
		September 30, 2014								September 30, 2013
		Balance sheet		Notional			Fair			Balance sheet		Notional		Fair
		location		amount			value(1)			location		amount		value(1)
		(in thousands)
	Derivatives designated as hedging instruments:
	Forward foreign exchange contracts	Trade and other payables		$	—		$	—		Trade and other payables		$	655,828	$	637
	Derivatives not designated as hedging instruments:
	Interest rate contracts(2)	Trading instruments sold		$	2,185,085		$	75,668		Trading instruments sold		$	2,420,531	$	74,920
	Interest rate contracts(3)	Derivative instruments associated with offsetting matched book positions		$	1,796,288		$	323,337		Derivative instruments associated with offsetting matched book positions		$	1,944,408	$	250,341
	Forward foreign exchange contracts	Trade and other payables		$	—		$	—		Trade and other payables		$	79,588	$	77
	-1	The fair value in this table is presented on a gross basis before netting of cash collateral and before any netting by counterparty according to our legally enforceable master netting arrangements. The fair value in the Consolidated Statements of Financial Condition is presented net. See Note 19 for additional information regarding offsetting asset and liability balances.
	(2)These contracts arise from our OTC Derivatives Operations.
	(3)These contracts arise from our Offsetting Matched Book Derivatives Operations.
	Gains recognized on forward foreign exchange derivatives in AOCI totaled $29 million and $14 million net of income taxes for the years ended September 30, 2014 and 2013, respectively. Losses recognized on forward foreign exchange derivatives in AOCI totaled $10 million net of income taxes, for the year ended September 30, 2012 (see Note 22 for additional information).  There was no hedge ineffectiveness and no components of derivative gains or losses were excluded from the assessment of hedge effectiveness for any of the years ended September 30, 2014, 2013 or 2012.
	The table below sets forth the impact of the derivatives not designated as hedging instruments on the Consolidated Statements of Income and Comprehensive Income:
					Amount of gain (loss) on derivatives recognized in income
					Year ended September 30,
			Location of gain (loss)		2014			2013			2012
			recognized on derivatives in the
			Consolidated Statements of
			Income and Comprehensive Income
					(in thousands)
	Derivatives not designated as hedging instruments:
	Interest rate contracts(1)		Net trading profit		$	1,554		$	993		$	(116	)
	Interest rate contracts (2)		Other revenues		$	712		$	225		$	835
	Forward foreign exchange contracts		Other revenues		$	5,694		$	1,577		$	(591	)
	-1	These contracts arise from our OTC Derivatives Operations.
	-2	These contracts arise from our Offsetting Matched Book Derivatives Operations.
	Risks associated with, and our risk mitigation related to, our derivative contracts
	We are exposed to credit losses in the event of nonperformance by the counterparties to forward foreign exchange derivative agreements as well as the interest rate contracts associated with our OTC Derivatives Operations. Where we are subject to credit exposure, we perform a credit evaluation of counterparties prior to entering into derivative transactions and we monitor their credit standings.  Currently, we anticipate that all of the counterparties will be able to fully satisfy their obligations under those agreements.  For our OTC Derivatives Operations, we may require collateral from counterparties in the form of cash deposits or other marketable securities to support certain of these obligations as established by the credit threshold specified by the agreement and/or as a result of monitoring the credit standing of the counterparties.
	We are exposed to interest rate risk related to the interest rate derivative agreements arising from our OTC Derivatives Operations.  We are also exposed to foreign exchange risk related to our forward foreign exchange derivative agreements.  We monitor exposure in our derivative agreements daily based on established limits with respect to a number of factors, including interest rate, foreign exchange spot and forward rates, spread, ratio, basis and volatility risks.  These exposures are monitored both on a total portfolio basis and separately for each agreement for selected maturity periods.
	Certain of the derivative instruments arising from our OTC Derivatives Operations and from RJ Bank’s forward foreign exchange contracts contain provisions that require our debt to maintain an investment grade rating from one or more of the major credit rating agencies. If our debt were to fall below investment grade, we would be in breach of these provisions, and the counterparties to the derivative instruments could request immediate payment or demand immediate and ongoing overnight collateralization on our derivative instruments in liability positions. The aggregate fair value of all derivative instruments with such credit-risk-related contingent features that are in a liability position at September 30, 2014 is $3.7 million, for which we have posted collateral of $3.8 million in the normal course of business. If the credit-risk-related contingent features underlying these agreements were triggered on September 30, 2014, we would not have been required to post any additional collateral to our counterparties.
	Our only exposure to credit risk in the Offsetting Matched Book Derivatives Operations is related to our uncollected derivative transaction fee revenues. We are not exposed to market risk as it relates to these derivative contracts due to the “pass-through” transaction structure more fully described above.

DISCLOSURE_OF_OFFSETTING_ASSET

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL AND ENCUMBERED ASSETS	12 Months Ended
	Sep. 30, 2014
Disclosure of Offsetting Assets and Liabilities, Collateral and Encumbered Assets [Abstract]	'
DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL AND ENCUMBERED ASSETS	'
	DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL AND ENCUMBERED ASSETS
	The following table presents information about the financial and derivative instruments that are offset or subject to an enforceable master netting arrangement or other similar agreement as of the dates indicated:
													Gross amounts not offset in the Statements of Financial Condition
			Gross amounts of recognized assets (liabilities)				Gross amounts offset in the Statements of Financial Condition			Net amounts presented in the Statements of Financial Condition			Financial instruments				Cash collateral received (paid)		Net amount
			(in thousands)
	As of September 30, 2014:
	Assets
	Securities purchased under agreements to resell and other collateralized financings		$	446,016			$	—		$	446,016		$	(446,016	)	(1)	$	—	$	—
	Derivatives - interest rate contracts(2)		89,923				(61,718		)	28,205			(3,877		)		—		24,328
	Derivative instruments associated with offsetting matched book positions		323,337				—			323,337			(323,337		)	(3)	—		—
	Derivatives - forward foreign exchange contracts(4)		2,462				—			2,462			—				—		2,462
	Stock borrowed		158,988				—			158,988			(153,261		)		—		5,727
	Total assets		$	1,020,726			$	(61,718	)	$	959,008		$	(926,491	)		$	—	$	32,517
	Liabilities
	Securities sold under agreements to repurchase		$	(244,495	)		$	—		$	(244,495	)	$	244,495		(5)	$	—	$	—
	Derivatives - interest rate contracts(2)		(75,668		)		63,296			(12,372		)	—				—		(12,372		)
	Derivative instruments associated with offsetting matched book positions		(323,337		)		—			(323,337		)	323,337			(3)	—		—
	Stock loaned		(417,383		)		—			(417,383		)	402,180				—		(15,203		)
	Total liabilities		$	(1,060,883	)		$	63,296		$	(997,587	)	$	970,012			$	—	$	(27,575	)
	As of September 30, 2013:
	Assets
	Securities purchased under agreements to resell and other collateralized financings		$	709,120			$	—		$	709,120		$	(709,120	)	(1)	$	—	$	—
	Derivatives - interest rate contracts(2)		89,633				(61,524		)	28,109			(6,409		)		—		21,700
	Derivative instruments associated with offsetting matched book positions		250,341				—			250,341			(250,341		)	(3)	—		—
	Stock borrowed		146,749				—			146,749			(143,108		)		—		3,641
	Total assets		$	1,195,843			$	(61,524	)	$	1,134,319		$	(1,108,978	)		$	—	$	25,341
	Liabilities
	Securities sold under agreements to repurchase		$	(300,933	)		$	—		$	(300,933	)	$	300,933		(5)	$	—	$	—
	Derivatives - interest rate contracts(2)		(74,920		)		69,279			(5,641		)	—				—		(5,641		)
	Derivative instruments associated with offsetting matched book positions		(250,341		)		—			(250,341		)	250,341			(3)	—		—
	Derivatives - forward foreign exchange contracts(6)		(714		)		—			(714		)	—				—		(714		)
	Stock loaned		(354,377		)		—			(354,377		)	342,096				—		(12,281		)
	Total liabilities		$	(981,285	)		$	69,279		$	(912,006	)	$	893,370			$	—	$	(18,636	)
	The text of the footnotes in the above table are on the following page.
	The text of the footnotes to the table on the previous page are as follows:
	-1	We are over-collateralized since the actual amount of financial instruments pledged as collateral for securities purchased under agreements to resell and other collateralized financings amounts to $463.7 million and $725.9 million as of September 30, 2014 and 2013, respectively.
	-2	Derivatives - interest rate contracts are included in Trading instruments on our Consolidated Statements of Financial Condition. See Note 18 for additional information.
	-3	Although these derivative arrangements do not meet the definition of a master netting arrangement as specified by GAAP, the nature of the agreement with the third party intermediary include terms that are similar to a master netting agreement, thus we present the offsetting amounts net in the table above. See Note 18 for further discussion of the “pass through” structure of the derivative instruments associated with Offsetting Matched Book Derivatives Operations.
	-4	As of September 30, 2014, the fair value of the forward foreign exchange contract derivatives are in an asset position, and are included in prepaid expenses and other assets on our Consolidated Statements of Financial Condition. See Note 18 for additional information.
	-5	We are over-collateralized since the actual amount of financial instruments pledged as collateral for securities sold under agreements to repurchase amounts to $253.7 million and $313.5 million as of September 30, 2014 and 2013, respectively.
	-6	As of September 30, 2013, the fair value of the forward foreign exchange contract derivatives are in a liability position, and are included in trade and other payables on our Consolidated Statements of Financial Condition. See Note 18 for additional information.
	For financial statement purposes, we do not offset our repurchase agreements or securities borrowing, securities lending transactions and certain of our derivative instruments because the conditions for netting as specified by GAAP are not met. Our repurchase agreements, securities borrowing and securities lending transactions, and certain of our derivative instruments, are transacted under master agreements that are widely used by counterparties and that may allow for net settlements of payments in the normal course as well as offsetting of all contracts with a given counterparty in the event of bankruptcy or default of one of the two parties to the transaction. Although not offset on the Consolidated Statements of Financial Condition, these transactions are included in the preceding table.
	Collateral
	We receive cash and securities as collateral, primarily in connection with Reverse Repurchase Agreements, securities borrowed, derivative transactions, client margin loans arising from our domestic operations (see Note 8 for additional information), and the secured call loans that are held by RJ Ltd. The cash collateral we receive is primarily associated with our OTC Derivative Operations (see Note 18 for additional information). The collateral we receive reduces our credit exposure to individual counterparties.
	In many cases, we are permitted to deliver or repledge financial instruments we have received as collateral, for our own use in our repurchase agreements, securities lending agreements, other secured borrowings, satisfaction of deposit requirements with clearing organizations, or otherwise meeting either our, or our clients, settlement requirements.
	The table below presents financial instruments at fair value, that we received as collateral, are not included on our Consolidated Statements of Financial Condition, and that were available to be delivered or repledged, along with the balances of such instruments that were used to deliver or repledge, to satisfy one of our purposes described above:
		September 30, 2014				September 30, 2013
		(in thousands)
	Collateral we received that is available to be delivered or repledged	$	2,178,868			$	2,315,701
	Collateral that we delivered or repledged	879,071			(1)	897,879			(2)
	-1	The collateral delivered or repledged as of September 30, 2014, includes client margin securities which we pledged with a clearing organization in the amount of $138.8 million which were applied against our requirement of $116.5 million.
	-2	The collateral delivered or repledged as of September 30, 2013, includes client margin securities which we pledged with a clearing organization in the amount of $189.4 million which were applied against our requirement of $128.5 million.
	Encumbered assets
	We pledge certain of our trading instrument assets to collateralize either Repurchase Agreements, other secured borrowings, or to satisfy our settlement requirements, with counterparties who may or may not have the right to deliver or repledge such securities.
	The table below presents information about the fair value of our assets that have been pledged for one of the purposes described above:
		September 30, 2014				September 30, 2013
		(in thousands)
	Financial instruments owned, at fair value, pledged to counterparties that:
	Had the right to deliver or repledge	$	394,746			$	332,079
	Did not have the right to deliver or repledge	50,983			(1)	91,320			(2)
	-1	Assets delivered or repledged as of September 30, 2014, includes securities which we pledged with a clearing organization in the amount of $18.9 million which were applied against our requirement of $116.5 million (client margin securities we pledged which are described in the preceding table constitute the remainder of the assets pledged to meet the requirement).
	-2	Assets delivered or repledged as of September 30, 2013, includes securities which we pledged with a clearing organization in the amount of $18 million which were applied against our requirement of $128.5 million (client margin securities we pledged which are described in the preceding table constitute the remainder of the assets pledged to meet the requirement).

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	Total income taxes are allocated as follows:
		Year ended September 30,
		2014			2013				2012
		(in thousands)
	Recorded in:
	Income including noncontrolling interests	$	267,797		$	197,033			$	175,656
	Equity, for compensation expense for tax purposes (in excess of) less than amounts recognized for financial reporting purposes	(7,437		)	(2,590		)		(2,613		)
	Equity, for cumulative currency translation adjustments and net investment hedges	15,142			6,861				(5,741		)
	Equity, for available for sale securities	3,694			8,986				7,611
	Total	$	279,196		$	210,290			$	174,913
	Our provision (benefit) for income taxes consists of the following:
		Year ended September 30,
		2014			2013				2012
		(in thousands)
	Current:
	Federal	$	260,504		$	182,862			$	133,890
	State and local	29,904			37,491				29,141
	Foreign	12,560			8,469				10,581
		302,968			228,822				173,612
	Deferred:
	Federal	(35,262		)	(25,673		)		3,939
	State and local	(410		)	(5,023		)		372
	Foreign	501			(1,093		)		(2,267		)
		(35,171		)	(31,789		)		2,044
	Total provision for income tax	$	267,797		$	197,033			$	175,656
	Our income tax expense differs from the amount computed by applying the statutory federal income tax rate of 35% due to the following:
		Year ended September 30,
		2014						2013						2012
		Amount			%			Amount				%		Amount			%
		($ in thousands)
	Provision calculated at statutory rate	$	261,816		35	%		$	197,466			35	%	$	165,034		35	%
	State income tax, net of federal benefit	18,826			2.5	%		21,662				3.8	%	19,566			4.1	%
	Tax-exempt interest income	(2,146		)	(0.3	)%		(2,074		)		(0.4	)%	(2,291		)	(0.5	)%
	Income on company-owned life insurance which is not subject to tax	(6,365		)	(0.8	)%		(7,809		)		(1.3	)%	(8,318		)	(1.8	)%
	Business tax credits including low income housing tax credits	(3,910		)	(0.5	)%		(1,056		)		(0.2	)%	(1,830		)	(0.4	)%
	Business expenses which are not tax-deductible	5,691			0.8	%		4,920				0.9	%	3,752			0.8	%
	Incentive stock option expenses which are not tax-deductible	2,681			0.4	%		2,471				0.4	%	2,843			0.6	%
	Reversal of deferred taxes provided on foreign earnings (1)	—			—			(10,676		)		(1.9	)%	—			—
	Other, net	(8,796		)	(1.3	)%		(7,871		)		(1.4	)%	(3,100		)	(0.5	)%
	Total provision for income tax	$	267,797		35.8	%		$	197,033			34.9	%	$	175,656		37.3	%
	-1	Prior to fiscal year 2013, we had historically provided deferred taxes for the presumed repatriation to the U.S. of earnings from certain foreign subsidiaries. In fiscal year 2013, management changed its assertion related to the earnings of one of our Canadian subsidiaries resulting in a prior year decrease in deferred tax liabilities related to undistributed foreign earnings.
	U.S. and foreign components of income excluding noncontrolling interests and before provision for income taxes are as follows:
		Year ended September 30,
		2014			2013				2012
		(in thousands)
	U.S.	$	705,878		$	550,113			$	456,175
	Foreign	42,167			14,074				15,350
	Income excluding noncontrolling interest and before provision for income taxes	$	748,045		$	564,187			$	471,525
	The cumulative effects of temporary differences that give rise to significant portions of the deferred tax asset (liability) items are as follows:
		September 30,
		2014			2013
		(in thousands)
	Deferred tax assets:
	Deferred compensation	$	150,392		$	128,801
	Allowances for loan losses and reserves for unfunded commitments	59,078			55,659
	Unrealized loss associated with certain available for sale securities	9,230			15,437
	Accrued expenses	32,633			28,868
	Acquisition expense	3,708			3,618
	Net operating loss and credit carryforwards	1,204			1,336
	Fixed assets	1,885			—
	Other	23,037			14,572
	Total gross deferred tax assets	281,167			248,291
Less: valuation allowance	(9		)	(9		)
Total deferred tax assets	281,158			248,282
Deferred tax liabilities:
Partnership investments	(19,295		)	(24,245		)
Goodwill and other intangibles	(16,925		)	(12,469		)
Undistributed earnings of foreign subsidiaries	(11,197		)	(9,344		)
Fixed assets	—			(5,082		)
Other	(2,416		)	(1,982		)
Total deferred tax liabilities	(49,833		)	(53,122		)
Net deferred tax assets	$	231,325		$	195,160
We have a net deferred tax asset at September 30, 2014 and 2013. This asset includes net operating losses that will expire between 2015 and 2030. A valuation allowance for the fiscal year ended September 30, 2014 has been established for certain state net operating losses due to management’s belief that, based on our historical operating income, projection of future taxable income, scheduled reversal of taxable temporary differences, and implemented tax planning strategies, it is more likely than not that the tax carryforwards will expire unutilized. We believe that the realization of the remaining net deferred tax asset of $231.3 million is more likely than not based on the ability to carry back losses against prior year taxable income and expectations of future taxable income.
We have provided for U.S. deferred income taxes in the amount of $11.2 million on undistributed earnings not considered permanently reinvested in our non-U.S. subsidiaries. To the extent that the cumulative undistributed earnings of non-U.S. subsidiaries are considered to be permanently invested, no deferred U.S. federal income taxes have been provided. As of September 30, 2014, we have approximately $224 million of cumulative undistributed earnings attributable to foreign subsidiaries for which no provisions have been recorded for income taxes that could arise upon repatriation. Because the time or manner of repatriation is uncertain, we cannot determine the impact of local taxes, withholding taxes and foreign tax credits associated with the future repatriation of such earnings, and therefore cannot quantify the tax liability that would be payable in the event all such foreign earnings are repatriated.
As of September 30, 2014, the current tax receivable included in other receivables is $11 million, and a current tax payable of $30 million is included in trade and other payables on our Consolidated Statements of Financial Condition. As of September 30, 2013 the current tax receivable included in other receivables is $25 million and a current tax payable of $47 million is included in trade and other payables on our Consolidated Statements of Financial Condition.
Balances associated with unrecognized tax benefits
We recognize the accrual of interest and penalties related to income tax matters in interest expense and other expense, respectively. During the year ended September 30, 2014, accrued interest expense related to unrecognized tax benefits increased by approximately $151 thousand. During the year ended September 30, 2014, penalty expense related to unrecognized tax benefits decreased by approximately $351 thousand. As of September 30, 2014 and 2013, accrued interest and penalties were approximately $4.9 million and $5.1 million, respectively.
The aggregate changes in the balances for unrecognized tax benefits are as follows:
	Year ended September 30,
	2014			2013 (1)				2012 (1)
	(in thousands)
Balance for unrecognized tax benefits at beginning of year	$	13,663		$	9,473			$	3,408
Increases for tax positions related to the current year	3,228			2,020				1,434
Increases for tax positions related to prior years (2)	2,455			3,107				5,327
Decreases for tax positions related to prior years	(1,642		)	(284		)		(256		)
Decreases due to lapsed statute of limitations	(1,218		)	(653		)		(440		)
Decreases related to settlements	(682		)	—				—
Balance for unrecognized tax benefits at end of year	$	15,804		$	13,663			$	9,473
-1	The amounts presented have been revised from those reported in the prior year to exclude interest and penalties for fiscal years ending September 30, 2013 and 2012 in the amounts of $5.1 million and $3.2 million, respectively. The revised amounts more clearly reflect changes in unrecognized tax benefits in each respective period shown.
-2	The increases are due to tax positions taken in previously filed tax returns with certain states. We continue to evaluate these positions and intend to contest the proposed adjustments made by taxing authorities.
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate was $10.3 million and $9.5 million at September 30, 2014 and 2013, respectively.  We anticipate that the unrecognized tax benefits will not change significantly over the next twelve months.
We file U. S. federal income tax returns as well as returns with various state, local and foreign jurisdictions. With few exceptions, we are generally no longer subject to U.S. federal, state and local, or foreign income tax examination by tax authorities for years prior to fiscal year 2013 for federal tax returns, fiscal year 2010 for state and local tax returns and fiscal year 2009 for foreign tax returns.  Certain transactions from our fiscal year 2014 are currently being examined under the Internal Revenue Service (“IRS”) Compliance Assurance Program.  This program accelerates the examination of key issues in an attempt to resolve them before the tax return is filed. Certain state and local returns are also currently under various stages of audit. Various state audits in process are expected to be completed in fiscal year 2015.

COMMITMENTS_CONTINGENCIES_AND_

COMMITMENTS, CONTINGENCIES AND GUARANTEES	12 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS, CONTINGENCIES AND GUARANTEES	'
	COMMITMENTS, CONTINGENCIES AND GUARANTEES
	Commitments and contingencies
	In the normal course of business we enter into underwriting commitments. As of September 30, 2014, RJ&A had one open transaction involving such commitments which was subsequently settled in open market transactions at amounts which approximated the carrying value of this commitment in our Consolidated Statements of Financial Condition as of September 30, 2014.  Transactions of RJ Ltd. involving such commitments that were recorded and open at September 30, 2014, were approximately $14.4 million in Canadian currency (“CDN”).
	As part of our recruiting efforts, we offer loans to prospective financial advisors and certain key revenue producers primarily for recruiting and/or retention purposes (see Note 2 for a discussion of our accounting policies governing these transactions). These commitments are contingent upon certain events occurring, including, but not limited to, the individual joining us.  As of September 30, 2014 we had made commitments, to either prospects that had accepted our offer, or recently recruited producers, of approximately $44.6 million that had not yet been funded.
	As of September 30, 2014, RJ Bank had not settled purchases of $160.2 million in syndicated loans.  These loan purchases are expected to be settled within 90 days.
	A subsidiary of RJ Bank has committed $45.5 million as an investor member in a low-income housing tax credit fund in which a subsidiary of RJTCF is the managing member (see the discussion of “direct investments in LIHTC project partnerships” in Note 2 for information regarding the accounting policies governing these investments). As of September 30, 2014, the RJ Bank subsidiary has invested $16.3 million of the committed amount.
	RJ Bank has a committed limited partner investment of $3 million to a limited partnership, $735 thousand of this committed amount has been invested as of September 30, 2014.
	During fiscal year 2014, RJ Bank entered into a forward-starting advance transaction with the FHLB to borrow $25 million on October 13, 2015. Once funded, this borrowing will bear interest at the rate of 3.4% and will mature on October 13, 2020.
	See Note 27 for additional information regarding RJ Bank’s commitments to extend credit and other credit-related off-balance sheet financial instruments such as standby letters of credit and loan purchases.
	We have unfunded commitments to various venture capital or private equity partnerships, which aggregate to approximately $61 million as of September 30, 2014. Of the total, we have unfunded commitments to internally-sponsored private equity limited partnerships in which we control the general partner of approximately $20 million.
	RJF has committed to lend to RJTCF, or to guarantee obligations in connection with RJTCF’s low-income housing development/rehabilitation and syndication activities, in amounts aggregating up to $175 million upon request, subject to certain limitations and to annual review and renewal. At September 30, 2014, RJTCF has $53 million in outstanding cash borrowings and $20 million in unfunded commitments outstanding against this commitment. RJTCF borrows from RJF in order to make investments in, or fund loans or advances to, either partnerships that purchase and develop properties qualifying for tax credits (“Project Partnerships”) or LIHTC Funds. Investments in Project Partnerships are sold to various LIHTC Funds, which have third party investors, and for which RJTCF serves as the managing member or general partner. RJTCF typically sells investments in Project Partnerships to LIHTC Funds within 90 days of their acquisition, and the proceeds from the sales are used to repay RJTCF’s borrowings from RJF. RJTCF may also make short-term loans or advances to Project Partnerships, and LIHTC Funds.
	Long-term lease agreements expire at various times through fiscal year 2026. Minimum annual rental payments under such agreements for the succeeding five fiscal years are approximately: $77.3 million in fiscal year 2015, $71.1 million in fiscal year 2016, $61.2 million in fiscal year 2017, $49.1 million in fiscal year 2018, $40.2 million in fiscal year 2019 and $99.2 million thereafter. Certain leases contain rent holidays, leasehold improvement incentives, renewal options and/or escalation clauses.  Rental expense incurred under all leases, including equipment under short-term agreements, aggregated to $90.8 million, $90.5 million and $73.9 million in fiscal years 2014, 2013 and 2012, respectively.
	As a part of our fixed income public finance operations, RJ&A enters into forward commitments to purchase GNMA or FNMA MBS (see the discussion of these activities within “financial instruments owned, financial instruments sold but not purchased and fair value” in Note 2).  At September 30, 2014, RJ&A had approximately $323 million principal amount of outstanding forward MBS purchase commitments which are expected to be purchased over the following 90 days.  In order to hedge the market interest rate risk to which RJ&A would otherwise be exposed between the date of the commitment and the date of sale of the MBS, RJ&A enters into TBA security contracts with investors for generic MBS securities at specific rates and prices to be delivered on settlement dates in the future.  These TBA securities are accounted for at fair value and are included in Agency MBS securities in the table of assets and liabilities measured at fair value included in Note 5, and at September 30, 2014 aggregate to a net liability having a fair value of $770 thousand.  The estimated fair value of the purchase commitment is a $770 thousand asset balance as of September 30, 2014.
	As a result of extensive regulation of financial holding companies, banks, broker-dealers and investment advisory entities, RJF and certain of its subsidiaries are subject to regular reviews and inspections by regulatory authorities and self-regulatory organizations. The reviews can result in the imposition of sanctions for regulatory violations, ranging from non-monetary censure to fines and, in serious cases, temporary or permanent suspension from conducting business. In addition, regulatory agencies and self-regulatory organizations institute investigations from time to time into industry practices, which can also result in the imposition of sanctions. See Note 26 for additional information regarding regulatory capital requirements applicable to RJF and certain of its subsidiaries.
	Guarantees
	RJ Bank provides to its affiliate, Raymond James Capital Services, Inc. (“RJ Cap Services”), on behalf of certain corporate borrowers, a guarantee of payment in the event of the borrower’s default for exposure under interest rate swaps entered into with RJ Cap Services. At September 30, 2014, the exposure under these guarantees is $3.7 million, which was underwritten as part of RJ Bank’s corporate credit relationship with such borrowers.  The outstanding interest rate swaps at September 30, 2014 have maturities ranging from January 2015 through July 2021.  RJ Bank records an estimated reserve for its credit risk associated with the guarantee of these client swaps, which was insignificant as of September 30, 2014.  The estimated total potential exposure under these guarantees is $10.5 million at September 30, 2014.
	RJ Bank guarantees the forward foreign exchange contract obligations of its U.S. subsidiaries.  See Note 18 for additional information regarding these derivatives.
	RJF guarantees interest rate swap obligations of RJ Cap Services. See Note 18 for additional information regarding interest rate swaps.
	We have from time to time authorized performance guarantees for the completion of trades with counterparties in Argentina. At September 30, 2014, there were no such outstanding performance guarantees.
	In March 2008, RJF guaranteed an $8 million letter of credit issued for settlement purposes that was requested by the Capital Markets Board (“CMB”) for a joint venture we were at one time affiliated with in the country of Turkey.  While our Turkish joint venture ceased operations in December 2008, the CMB has not released this letter of credit.  The issuing bank has instituted an action seeking payment of its fees on the underlying letter of credit and to confirm that the guarantee remains in effect.
	RJF has guaranteed the Borrower’s performance under the Regions Credit Facility.  See further discussion of this borrowing in Notes 3 and 15.
	RJF guarantees the existing mortgage debt of RJ&A of approximately $41.8 million. See Notes 15, 16 and 17 for information regarding our financing arrangements.
	Our U.S. broker-dealer subsidiaries are required by federal law to be members of the Securities Investors Protection Corporation (“SIPC”). The SIPC fund provides protection for securities held in client accounts up to $500,000 per client, with a limitation of $250,000 on claims for cash balances. We have purchased excess SIPC coverage through various syndicates of Lloyd’s (the “Excess SIPC Insurer”). For RJ&A, our clearing broker-dealer, the additional protection currently provided has an aggregate firm limit of $750 million for cash and securities, including a sub-limit of $1.9 million per client for cash above basic SIPC. Account protection applies when a SIPC member fails financially and is unable to meet obligations to clients. This coverage does not protect against market fluctuations. RJF has provided an indemnity to the Excess SIPC Insurer against any and all losses they may incur associated with the excess SIPC policies.
	RJTCF issues certain guarantees to various third parties related to Project Partnerships whose interests have been sold to one or more of the funds in which RJTCF is the managing member or general partner. In some instances, RJTCF is not the primary guarantor of these obligations, which aggregate to approximately $1.6 million as of September 30, 2014.
	RJTCF has provided a guaranteed return on investment to a third party investor in one of its fund offerings (“Fund 34”), and RJF has guaranteed RJTCF’s performance under the arrangement.  Under the terms of the performance guarantee, should the underlying LIHTC project partnerships held by Fund 34 fail to deliver a certain amount of tax credits and other tax benefits to this investor over the next eight years, RJTCF is obligated to pay the investor an amount that results in the investor achieving a minimum specified return on their investment.  A $28.4 million financing asset is included in prepaid expenses and other assets (see Note 10 for additional information), and a related $28.4 million liability is included in trade and other payables on our Consolidated Statements of Financial Condition as of September 30, 2014 related to this obligation. The maximum exposure to loss under this guarantee is approximately $35 million at September 30, 2014, which represents the undiscounted future payments due the investor.
	Legal matter contingencies
	Indemnification from Regions
	On the Closing Date RJF completed its acquisition of all of the issued and outstanding shares of Morgan Keegan. The terms of the stock purchase agreement provide that Regions will indemnify RJF for losses incurred in connection with legal proceedings pending as of the closing date or commenced after the closing date and related to pre-closing matters, as well as any cost of defense pertaining thereto (see Note 3 for a discussion of the indemnifications provided to RJF by Regions). All of the Morgan Keegan matters described below are subject to such indemnification provisions. Management estimates the range of potential liability of all such matters subject to indemnification, including the cost of defense, to be from $15 million to $210 million. Any loss arising from such matters, after consideration of the applicable annual deductible, if any, will be borne by Regions. As of September 30, 2014, a receivable from Regions of approximately $1 million is included in other receivables, an indemnification asset of approximately $154.7 million is included in other assets, and a liability for potential losses of approximately $154.4 million is included within trade and other payables, all of which are reflected on our Consolidated Statements of Financial Condition pertaining to the matters described below and the related indemnification from Regions. The amount included within trade and other payables is the amount within the range of potential liability related to such matters which management estimates is more likely than any other amount within such range.
	Morgan Keegan matters subject to indemnification
	In July 2006, MK & Co. and a former MK & Co. analyst were named as defendants in a lawsuit filed by a Canadian insurance and financial services company, Fairfax Financial Holdings, and its American subsidiary in the Circuit Court of Morris County, New Jersey. Plaintiffs made claims under a civil Racketeer Influenced and Corrupt Organizations (“RICO”) statute, for commercial disparagement, tortious interference with contractual relationships, tortious interference with prospective economic advantage and common law conspiracy. Plaintiffs alleged that defendants engaged in a multi-year conspiracy to publish and disseminate false and defamatory information about plaintiffs to improperly drive down plaintiff’s stock price, so that others could profit from short positions. Plaintiffs alleged that defendants’ actions damaged their reputations and harmed their business relationships. Plaintiffs alleged a number of categories of damages they sustained, including lost insurance business, lost financings and increased financing costs, increased audit fees and directors and officers insurance premiums and lost acquisitions, and have requested monetary damages. On May 11, 2012, the trial court ruled that New York law applied to plaintiff’s RICO claims, therefore the claims were not subject to treble damages. On June 27, 2012, the trial court dismissed plaintiffs’ tortious interference with prospective relations claim, but allowed other claims to go forward. A jury trial was set to begin on September 10, 2012. Prior to its commencement the court dismissed the remaining claims with prejudice. Plaintiffs have appealed the court’s rulings.
	Certain of the Morgan Keegan entities, along with Regions, have been named in class-action lawsuits filed in federal and state courts on behalf of shareholders of Regions and investors who purchased shares of certain mutual funds in the Regions Morgan Keegan Fund complex (the “Regions Funds”). The Regions Funds were formerly managed by Morgan Asset Management (“MAM”), an entity which was at one time a subsidiary of one of the Morgan Keegan affiliates, but an entity which was not part of our Morgan Keegan acquisition (see further information regarding the Morgan Keegan acquisition in Note 3). The complaints contain various allegations, including claims that the Regions Funds and the defendants misrepresented or failed to disclose material facts relating to the activities of the funds. In August 2013, the United States District Court for the Western District of Tennessee approved the settlement of the class action and the derivative action regarding the closed end funds for $62 million and $6 million, respectively. No class has been certified. Certain of the shareholders in the funds and other interested parties have entered into arbitration proceedings and individual civil claims, in lieu of participating in the class action lawsuits.
	The states of Missouri and Texas are investigating alleged securities law violations by MK & Co. in the underwriting and sale of certain municipal bonds. An enforcement action was brought by the Missouri Secretary of State in April 2013, seeking monetary penalties and other relief. In November 2013, the state dismissed this enforcement action and refiled the same claims as a civil action in the Circuit Court for Boone County, Missouri. Civil actions were brought by certain investors of the bonds beginning in March 2012, seeking a return of their investment and unspecified compensatory and punitive damages. A punitive class action was brought on behalf of purchasers of the bonds on September 4, 2012, seeking unspecified compensatory and punitive damages. This action was certified as a class action representing all purchasers of the bonds between July 23, 2010 and September 30, 2011. These actions are in various stages of litigation.
	Prior to the Closing Date, Morgan Keegan was involved in other litigation arising in the normal course of its business. On all such matters, RJF is subject to indemnification from Regions pursuant to the terms of the stock purchase agreement as summarized above.
	Other matters
	We are a defendant or co-defendant in various lawsuits and arbitrations incidental to our securities business as well as other corporate litigation. We are contesting the allegations in these cases and believe that there are meritorious defenses in each of these lawsuits and arbitrations. In view of the number and diversity of claims against us, the number of jurisdictions in which litigation is pending and the inherent difficulty of predicting the outcome of litigation and other claims, we cannot state with certainty what the eventual outcome of pending litigation or other claims will be. Refer to Note 2 for a discussion of our criteria for establishing a range of possible loss related to such matters.  Excluding any amounts subject to indemnification from Regions related to pre-Closing Date Morgan Keegan matters discussed above, as of September 30, 2014, management currently estimates the aggregate range of possible loss is from $0 to an amount of up to $9 million in excess of the accrued liability (if any) related to these matters.  In the opinion of management, based on current available information, review with outside legal counsel, and consideration of the accrued liability amounts provided for in the accompanying consolidated financial statements with respect to these matters, ultimate resolution of these matters will not have a material adverse impact on our financial position or cumulative results of operations. However, resolution of one or more of these matters may have a material effect on the results of operations in any future period, depending upon the ultimate resolution of those matters and upon the level of income for such period.

OTHER_COMPREHENSIVE_LOSS_INCOM

OTHER COMPREHENSIVE (LOSS) INCOME	12 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
OTHER COMPREHENSIVE (LOSS) INCOME	'
	OTHER COMPREHENSIVE (LOSS) INCOME
	Other comprehensive (loss) income
	The activity in other comprehensive (loss) income and related tax effects are as follows:
		Year ended September 30,
		2014				2013			2012
		(in thousands)
	Net unrealized gain on available for sale securities, (net of tax effect of $3.7 million in fiscal year 2014, $9 million in fiscal year 2013, and $7.6 million in fiscal year 2012)	$	6,021			$	15,042		$	12,886
	Net change in currency translations and net investment hedges (net of a tax effect of $15.1 million in fiscal year 2014, $6.9 million in fiscal year 2013 and ($5.7) million in fiscal year 2012)	(18,635		)		(13,763		)	6,166
	Other comprehensive (loss) income	$	(12,614	)		$	1,279		$	19,052
	Accumulated other comprehensive (loss) income
	As described in Note 1, the FASB issued new accounting guidance for reporting reclassifications out of AOCI that are effective for our fiscal year 2014. However, this new accounting guidance provides for it’s application on a prospective basis, and does not require the periods prior it’s effective date to be presented in a similar manner. Accordingly, the tables below present the relevant information for fiscal year 2014 presented in accordance with the new guidance, while the prior years are presented in accordance with the preceding accounting guidance.
	The following table presents the after-tax changes in each component of accumulated other comprehensive (loss) income for the fiscal year ended September 30, 2014:
		Year ended September 30, 2014
		Unrealized gain (loss) on available for sale securities				Net currency translations and net investment hedges (1)			Total
		(in thousands)
	Accumulated other comprehensive income as of September 30, 2013	$	(1,276	)		$	12,002		$	10,726
	Other comprehensive (loss) income before reclassifications	9,004				(18,635		)	(9,631		)
	Amounts reclassified from accumulated other comprehensive (loss) income	(2,983		)		—			(2,983		)
	Net other comprehensive (loss) income for the year	6,021				(18,635		)	(12,614		)
	Accumulated other comprehensive (loss) income as of September 30, 2014	$	4,745			$	(6,633	)	$	(1,888	)
	-1	Includes net gains recognized on forward foreign exchange derivatives associated with hedges of RJ Bank’s foreign currency exposure due to its non-U.S. dollar net investments (see Note 18 for additional information on these derivatives).
	Reclassifications out of AOCI
	The following table presents the income statement line items impacted by reclassifications out of accumulated other comprehensive (loss) income during the year ended September 30, 2014:
	Accumulated other comprehensive (loss) income components:		Increase (decrease) in amounts reclassified from accumulated other comprehensive (loss) income				Affected line items in income statement
			Year ended September 30, 2014
			(in thousands)
	Available for sale securities: (1)
	Auction rate securities (2)		$	(4,614	)		Other revenue
	RJ Bank available for sale securities (3)		(235		)		Other revenue
			(4,849		)		Total before tax
			1,866				Provision for income taxes
	Total reclassifications for the period		$	(2,983	)		Net of tax
	-1	See Note 7 for additional information regarding the available for sale securities, and Note 5 for additional fair value information regarding these securities.
	-2	For the year ended September 30, 2014, other revenues include realized gains on the redemption or sale of ARS in the amount of $7.1 million, (see Note 7 for further information). The amounts presented in the table represent the reversal out of AOCI associated with such ARS’ redeemed or sold. The net of such realized gain and this reversal out of AOCI represents the net effect of such redemptions and sales activities on other comprehensive (loss) income (“OCI”) for each respective period, on a pre-tax basis.
	-3	For the year ended September 30, 2014, other revenues include realized gains on the sale of certain available for sale securities held by RJ Bank in the amount of $264 thousand (see Note 7 for further information). The amounts presented in the table represent the reversal out of AOCI associated with such securities sold. The net of such realized gain and this reversal out of AOCI represents the net effect of such sales activities on OCI for each respective period, on a pre-tax basis.
	All of the components of other comprehensive (loss) income described above, net of tax, are attributable to RJF.
	Fiscal year 2013
	The components of accumulated other comprehensive income, net of income taxes, as of September 30, 2013 are as follows:
		September 30, 2013
		(in thousands)
	Net unrealized loss on available for sale securities, (net of tax effects of ($700) thousand at September 30, 2013)	$	(1,276	)
	Net currency translations and net investment hedges (net of a tax effect of $1.1 million at September 30, 2013) (1)	12,002
	Accumulated other comprehensive income	$	10,726
	(1) Includes net gains recognized on forward foreign exchange derivatives of $14 million for the year ended September 30, 2013 (see Note 18 for additional information).
	All of the components of other comprehensive income described above, net of tax, are attributable to RJF.

INTEREST_INCOME_AND_INTEREST_E

INTEREST INCOME AND INTEREST EXPENSE	12 Months Ended
	Sep. 30, 2014
Interest Income (Expense), Net [Abstract]	'
INTEREST INCOME AND INTEREST EXPENSE	'
	INTEREST INCOME AND INTEREST EXPENSE
	The components of interest income and interest expense are as follows:
			Year ended September 30,
			2014			2013			2012
		(in thousands)
	Interest income:
	Margin balances		$	68,454		$	60,931		$	60,104
	Assets segregated pursuant to regulations and other segregated assets		15,441			17,251			16,050
	Bank loans, net of unearned income		343,942			335,964			319,211
	Available for sale securities		6,560			8,005			9,076
	Trading instruments		17,883			20,089			20,977
	Stock loan		8,731			8,271			9,110
	Loans to financial advisors		6,427			6,510			4,797
	Corporate cash and all other		13,448			16,578			13,933
	Total interest income		480,886			473,599			453,258
	Interest expense:
	Brokerage client liabilities		1,269			2,049			2,213
	Retail bank deposits		7,959			9,032			9,484
	Trading instruments sold but not yet purchased		4,327			3,595			2,437
	Stock borrow		2,869			2,158			1,976
	Borrowed funds		3,939			4,724			5,915
	Senior notes		76,038			76,113			58,523
	Interest expense of consolidated VIEs		2,900			3,959			5,032
	Other		4,790			8,741			5,789
	Total interest expense		104,091			110,371			91,369
	Net interest income		376,795			363,228			361,889
	Subtract: provision for loan losses		(13,565		)	(2,565		)	(25,894		)
	Net interest income after provision for loan losses		$	363,230		$	360,663		$	335,995

EMPLOYEE_SHAREBASED_AND_OTHER_

EMPLOYEE SHARE-BASED AND OTHER COMPENSATION	12 Months Ended
	Sep. 30, 2014
Compensation and Retirement Disclosure [Abstract]	'
EMPLOYEE SHARE-BASED AND OTHER COMPENSATION	'
	EMPLOYEE SHARE-BASED AND OTHER COMPENSATION
	Our profit sharing plan and employee stock ownership plan (“ESOP”) provide certain death, disability or retirement benefits for all employees who meet certain service requirements. The plans are noncontributory. Our contributions, if any, are determined annually by our Board of Directors on a discretionary basis and are recognized as compensation cost throughout the year. Benefits become fully vested after six years of qualified service.
	All shares owned by the ESOP are included in earnings per share calculations. Cash dividends paid to the ESOP are reflected as a reduction of retained earnings. The number of shares of our common stock held by the ESOP at September 30, 2014 and 2013 was approximately 4,814,000 and 5,872,000, respectively. The market value of our common stock held by the ESOP at September 30, 2014 was approximately $258 million, of which approximately $2.4 million is unearned (not yet vested) by ESOP plan participants.
	We also offer a plan pursuant to section 401(k) of the Internal Revenue Code, which is a qualified plan that may provide for a discretionary contribution or a matching contribution each year. Matching contributions are 75% of the first $1,000 and 25% of the next $1,000 of eligible compensation deferred by each participant annually.
	Our LTIP is a non-qualified deferred compensation plan that provides benefits to employees who meet certain compensation or production requirements. We have purchased and hold life insurance on the lives of certain current and former employee participants (see Note 10 for additional information) to earn a competitive rate of return for participants and to provide a source of funds available to satisfy our obligations under this plan (the “Deferral Plan Funding Structure”).
	Contributions to the qualified plans and the LTIP, are approved annually by the Board of Directors or a committee thereof.
	We have a Voluntary Deferred Compensation Plan (the “VDCP”), a non-qualified and voluntary opportunity for certain highly compensated employees to defer compensation. Eligible participants must have annual compensation of $300,000 or more, and may elect to defer a percentage or specific dollar amount of their compensation into the VDCP. The Deferral Plan Funding Structure is a source of funding for this plan.
	We also maintain non-qualified deferred compensation plans for the benefit of certain employees that provide a return to the participating employees based upon the performance of various referenced investments. Under these plans, we invest directly, as a principal, in such investments related to our obligations to perform under the deferred compensation plans (see Note 5 for the fair value of these investments as of September 30, 2014, and 2013). We are no longer awarding contributions for these plans.
	Compensation expense associated with all of the qualified and non-qualified plans described above totaled $111.3 million, $98.7 million and $83.1 million for the fiscal years ended September 30, 2014, 2013 and 2012, respectively.
	Share-based compensation plans
	We have one share-based compensation plan for our employees, Board of Directors and non-employees (comprised of independent contractor financial advisors). The 2012 Stock Incentive Plan (the “2012 Plan”) permits us to grant share-based and cash-based awards designed to be exempt from the limitation on deductible compensation under Section 162(m) of the Internal Revenue Code. Under the 2012 Plan, we may grant 15,400,000 new shares in addition to the shares available for grant under six predecessor plans which were terminated as of February 23, 2012 (except with respect to awards previously granted under such terminated predecessor plans which remain outstanding). The 2012 Plan is the successor to predecessor plans under which options, restricted stock or restricted stock units have previously been issued.
	We have issued new shares under the 2012 Plan and also are permitted to reissue our treasury shares. In addition, we recognize the resulting realized tax benefit or deficit that exceeds or is less than the previously recognized deferred tax asset for share-based awards (the excess tax benefit) as additional paid-in capital.
	Stock option awards
	Options are granted to key administrative employees and employee financial advisors who achieve certain gross commission levels. Options granted before August 21, 2008 are exercisable in the 36th to 72nd months following the date of grant and only in the event that the grantee is an employee of ours at that time, disabled, deceased or recently retired. Options granted on or after August 21, 2008 are exercisable in the 36th to 72nd months following the date of grant and only in the event that the grantee is an employee of ours or has terminated within 45 days, disabled, deceased or, in some instances, retired. Options are granted with an exercise price equal to the market price of our stock on the grant date.
	Options granted to the members of our Board of Directors vest over a three year period from grant date provided that the director is still serving on our Board. Prior to February 2011, non-employee directors were granted options for shares annually. Starting in February 2011, restricted stock units are being issued annually to our outside directors in lieu of stock options. Option terms are specified in individual agreements and expire on a date no later than the tenth anniversary of the grant date.
	Expense and income tax benefits related to our stock options awards granted to employees and members of our Board of Directors are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	9,068			$	8,382			$	9,623
	Income tax benefits related to share-based expense	667				596				701
	These amounts may not be representative of future share-based compensation expense since the estimated fair value of stock options is amortized over the requisite service period using the straight-line method, and in certain instances the graded vesting attribution method, and additional options may be granted in future years. The fair value of each fixed option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions used for stock option grants in the fiscal years ended September 30, 2014, 2013 and 2012:
		Year ended September 30,
		2014			2013			2012
	Dividend yield	1.33	%		1.37	%		1.84	%
	Expected volatility	39.84	%		39.38	%		45.17	%
	Risk-free interest rate	1.43	%		0.67	%		0.91	%
	Expected lives (in years)	5.5			5.5			4.6
	The dividend yield assumption is based on our declared dividend as a percentage of the stock price at the date of the grant. The expected volatility assumption is based on our historical stock price and is a weighted average combining (1) the volatility of the most recent year, (2) the volatility of the most recent time period equal to the expected lives assumption, (3) the implied volatility of option contracts of RJF stock, and (4) the annualized volatility of the price of our stock since the late 1980s. The risk-free interest rate assumption is based on the U.S. Treasury yield curve in effect at the time of grant of the options. The expected lives assumption is based on the average of (1) the assumption that all outstanding options will be exercised at the midpoint between their vesting date and full contractual term and (2) the assumption that all outstanding options will be exercised at their full contractual term.
	A summary of option activity for grants to employees and members of our Board of Directors for the fiscal year ended September 30, 2014 is presented below:
		Options		Weighted- average exercise			Weighted- average remaining contractual	Aggregate intrinsic
		for shares		price ($)			term (years)	value ($)
	Outstanding at October 1, 2013	3,842,809		$	28.92
	Granted	947,350		48.26
	Exercised	(617,969	)	24.91
	Forfeited	(110,730	)	33.91
	Outstanding at September 30, 2014	4,061,460		33.9			3.28	$	79,921,605
	Exercisable at September 30, 2014	510,623		$	26.14		0.83	$	14,010,265
	As of September 30, 2014, there was $20 million of total unrecognized pre-tax compensation cost, net of estimated forfeitures, related to stock option awards. These costs are expected to be recognized over a weighted-average period of approximately 3.2 years.
	The following stock option activity occurred under the 2012 Plan for grants to employees and members of our Board of Directors:
		Year ended September 30,
		2014				2013				2012
		(in thousands, except per option amounts)
	Weighted-average grant date fair value per option	$	16.21			$	12.06			$	9.67
	Total intrinsic value of stock options exercised	15,570				14,240				3,222
	Total grant date fair value of stock options vested	5,004				11,598				3,965
	Cash received from stock option exercises during the fiscal year ended September 30, 2014 was $14 million. There was a $674 thousand tax benefit realized during the fiscal year ended September 30, 2014 resulting from the exercise of option awards during the fiscal year.
	Restricted stock awards
	We may grant awards under the 2012 Plan in connection with initial employment or under various retention programs for individuals who are responsible for a contribution to the management, growth, and/or profitability. Through our Canadian subsidiary, we established a trust fund. This trust fund was established and funded to enable the trust fund to acquire our common stock in the open market to be used to settle restricted stock units granted as a retention vehicle for certain employees of the Canadian subsidiary (see Note 11 for discussion of our consolidation of this trust fund, which is a VIE). We may also grant awards to officers and certain other employees in lieu of cash for 10% to 50% of annual bonus amounts in excess of $250,000. The determination of the number of units or shares to be granted is determined by the Corporate Governance, Nominating and Compensation Committee of the Board of Directors. Under the plan, the awards are generally restricted for a three to five year period, during which time the awards are forfeitable in the event of termination other than for death, disability or retirement. The following activity occurred during the fiscal year ended September 30, 2014:
		Shares/Units		Weighted- average
				grant date
				fair value ($)
	Non-vested at October 1, 2013	5,917,411		$	31.66
	Granted	1,038,882		48.8
	Vested	(1,200,285	)	27.77
	Forfeited	(167,181	)	34.17
	Non-vested at September 30, 2014	5,588,827		$	35.61
	Expense and income tax benefits related to our restricted stock awards are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	54,666			$	48,621			$	39,588
	Income tax benefits related to share-based expense	19,105				16,607				13,186
For the fiscal year ended September 30, 2014, we realized $8.2 million of excess tax benefits related to our restricted stock awards.
As of September 30, 2014, there was $82.7 million of total unrecognized pre-tax compensation cost, net of estimated forfeitures, related to restricted stock shares and restricted stock units. These costs are expected to be recognized over a weighted-average period of approximately 2.68 years. The total fair value of shares and unit awards vested under this plan during the fiscal year ended September 30, 2014 was $33.4 million.
Employee stock purchase plan
Under the 2003 Employee Stock Purchase Plan, we are authorized to issue up to 7,375,000 shares of common stock to our full-time employees, nearly all of whom are eligible to participate. Under the terms of the plan, employees can choose each year to have up to 20% of their annual compensation specified to purchase our common stock. Share purchases in any calendar year are limited to the lesser of 1,000 shares or shares with a fair market value of $25,000. The purchase price of the stock is 85% of the average high and low market price on the day prior to the purchase date. Under the plan we sold approximately 397,000, 436,000 and 480,000 shares to employees during the years ended September 30, 2014, 2013 and 2012, respectively. The compensation cost is calculated as the value of the 15% discount from market value and was $3 million, $2.7 million and $2.4 million during the fiscal years ended September 30, 2014, 2013 and 2012, respectively.
Employee investment funds
Certain key employees participate in the EIF Funds, which are limited partnerships that invest in certain of our merchant banking and venture capital activities and other unaffiliated venture capital limited partnerships (see Notes 2 and 11 for further information on our consolidation of the EIF Funds, which are VIEs). We made non-recourse loans to these key employees for two-thirds of the purchase price per unit. All of these loans have been repaid.
We have various employee investment funds. Certain key employees participate in these funds, which are limited partnerships that invest in certain unaffiliated venture capital limited partnerships.

NONEMPLOYEE_SHAREBASED_AND_OTH

NON-EMPLOYEE SHARE-BASED AND OTHER COMPENSATION	12 Months Ended
	Sep. 30, 2014
Share-based Goods and Nonemployee Services Transaction [Abstract]	'
NON-EMPLOYEE SHARE-BASED AND OTHER COMPENSATION	'
	NON-EMPLOYEE SHARE-BASED AND OTHER COMPENSATION
	Stock option awards
	Under the 2012 Plan, we may grant stock options to our independent contractor financial advisors. We have issued new shares under the 2012 Plan and also are permitted to reissue our treasury shares. The 2012 Plan is the successor to the prior plan under which options have previously been issued to independent contractors. Options are exercisable five years after grant date provided that the financial advisors are still associated with us or have terminated within 45 days, disabled, deceased or, in some instances, recently retired. Option terms are specified in individual agreements and expire on a date no later than the sixth anniversary of the grant date. Options are granted with an exercise price equal to the market price of our stock on the grant date.
	Share-based awards granted to our independent contractor financial advisors are measured at their vesting date fair value and their fair value estimated at reporting dates prior to that time. The compensation expense recognized each period is based on the most recent estimated value. Further, we classify these non-employee awards as liabilities at fair value upon vesting, with changes in fair value reported in earnings until these awards are exercised or forfeited.
	Expense and income tax benefits related to stock option grants to our independent contractor financial advisors are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	2,523			$	1,282			$	2,033
	Income tax benefits related to share-based expense	959				487				773
	The fair value of each option grant awarded to an independent contractor financial advisor is estimated on the date of grant and periodically revalued using the Black-Scholes option pricing model with the following weighted-average assumptions used for the fiscal years ended September 30, 2014, 2013 and 2012:
		Year ended September 30,
		2014			2013			2012
	Dividend yield	1.19	%		1.34	%		1.52	%
	Expected volatility	40.27	%		39.88	%		43.84	%
	Risk-free interest rate	1.78	%		1.16	%		0.73	%
	Expected lives (in years)	3.43			3.32			3.27
	The dividend yield assumption is based on our declared dividend as a percentage of the stock price at each point in time the options are valued. The expected volatility assumption is based on our historical stock price and is a weighted average combining (1) the volatility of the most recent year, (2) the volatility of the most recent time period equal to the expected lives assumption, (3) the implied volatility of option contracts of RJF stock, and (4) the annualized volatility of the price of our stock since the late 1980s. The risk-free interest rate assumption is based on the U.S. Treasury yield curve in effect at each point in time the options are valued. The expected lives assumption is based on the difference between the option’s vesting date plus 90 days (the average exercise period) and the date of the current reporting period.
	A summary of independent contractor financial advisors option activity for the fiscal year ended September 30, 2014 is presented below:
		Options		Weighted-average exercise			Weighted-average remaining contractual	Aggregate intrinsic
		for shares		price ($)			term (years)	value ($)
	Outstanding at October 1, 2013	228,250		$	27.88
	Granted	61,925		48.58
	Exercised	(48,750	)	21.79
	Forfeited	(1,800	)	38.2
	Outstanding at September 30, 2014	239,625		$	34.37		3.26	$	4,604,000
	Exercisable at September 30, 2014	7,000		$	18.18		0.15	$	248,000
	As of September 30, 2014, there was $1.7 million of total unrecognized pre-tax compensation cost, net of estimated forfeitures, related to unvested stock options granted to our independent contractor financial advisors based on an estimated weighted-average fair value of $24.02 per share at that date. These costs are expected to be recognized over a weighted-average period of approximately 3.29 years. The following activity for our independent contractor financial advisors occurred:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total intrinsic value of stock options exercised	$	1,329			$	985			$	783
	Total fair value of stock options vested	715				347				1,116
	Cash received from stock option exercises for the fiscal year ended September 30, 2014 was $1.1 million. There were $225 thousand excess tax benefits realized for the tax deductions from option exercise of awards to our independent contractor financial advisors for the fiscal year ended September 30, 2014.
	Restricted stock awards
	Under the 2012 Plan we may grant restricted shares of common stock or restricted stock units to our independent contractor financial advisors. The 2012 Plan is the successor the prior plan under which restricted stock or restricted stock units have been issued to independent contractors. We issue new shares under this plan as it was approved by shareholders. Under the plan the awards are generally restricted for a five year period, during which time the awards are forfeitable in the event the independent contractor financial advisors are no longer associated with us, other than for death, disability or retirement. The following activity for our independent contractor financial advisors occurred during the fiscal year ended September 30, 2014:
		Shares/Units		Weighted- average
				reporting date
				fair value ($)
	Non-vested at October 1, 2013	26,184		$	41.67
	Granted	—
	Vested	(9,392	)
	Forfeited	(1,886	)
	Non-vested at September 30, 2014	14,906		$	53.58
	The weighted-average fair value of share and unit awards vested during the fiscal year ended September 30, 2014 was $49.64 per share. The weighted-average fair value of share and unit awards forfeited during the fiscal year ended September 30, 2014 was $42.98 per share.
	Expense and income tax benefits related to our restricted stock awards granted to our independent contractor financial advisors are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	317			$	829			$	2,062
	Income tax benefits related to share-based expense	121				315				783
	As of September 30, 2014, there was $107 thousand of total unrecognized pre-tax compensation cost, net of estimated forfeitures, related to unvested restricted stock granted to our independent contractor financial advisors based on an estimated fair value of $53.58 per share at that date. These costs are expected to be recognized over a weighted-average period of approximately 1.46 years. The total fair value of share and unit awards vested during the fiscal years ended September 30, 2014, 2013 and 2012 was $466 thousand, $3.1 million and $1.6 million, respectively.
	Other compensation
	We offer non-qualified deferred compensation plans that provide benefits to our independent contractor financial advisors who meet certain production requirements. The Deferral Plan Funding Structure is a source of funding for this plan. The contributions are made in amounts approved annually by management.
	Certain independent contractor financial advisors are eligible to participate in our VDCP. Eligible participants must have annual compensation of $300 thousand or more, and may elect to defer a percentage or specific dollar amount of their compensation into the VDCP. The Deferral Plan Funding Structure is a source of funding for this plan.

REGULATIONS_AND_CAPITAL_REQUIR

REGULATIONS AND CAPITAL REQUIREMENTS	12 Months Ended
	Sep. 30, 2014
Regulatory Capital Requirements [Abstract]	'
REGULATIONS AND CAPITAL REQUIREMENTS	'
	REGULATIONS AND CAPITAL REQUIREMENTS
	RJF, as a financial holding company, and RJ Bank, are subject to various capital requirements.  Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on our and RJ Bank’s financial results. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, RJF and RJ Bank must meet specific capital guidelines that involve quantitative measures of our assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. RJF’s and RJ Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk- weightings, and other factors.
	RJF and RJ Bank are required to maintain minimum amounts and ratios of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and Tier 1 capital to average assets (as defined). RJF and RJ Bank each calculate the Total Capital and Tier I Capital ratios in order to assess compliance with both regulatory requirements and their internal capital policies in addition to providing a measure of underutilized capital should these ratios become excessive.  Capital levels are continually monitored to assess both RJF and RJ Bank’s capital position. At current capital levels, RJF and RJ Bank are each categorized as “well capitalized” under the regulatory framework for prompt corrective action.
	To be categorized as “well capitalized,” RJF must maintain total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the table below.
		Actual						Requirement for capital				To be well capitalized under prompt
								adequacy purposes				corrective action
												provisions
		Amount			Ratio			Amount		Ratio		Amount		Ratio
		($ in thousands)
	RJF as of September 30, 2014:
	Total capital (to risk-weighted assets)	$	3,940,516		20.6	%		$	1,531,178	8	%	$	1,913,973	10	%
	Tier I capital (to risk-weighted assets)	3,775,385			19.7	%		765,589		4	%	1,148,384		6	%
	Tier I capital (to adjusted assets)	3,775,385			16.4	%		919,546		4	%	1,149,433		5	%
	RJF as of September 30, 2013:
	Total capital (to risk-weighted assets)	$	3,445,136		19.8	%		$	1,391,974	8	%	$	1,739,968	10	%
	Tier I capital (to risk-weighted assets)	3,294,595			18.9	%		697,269		4	%	1,045,903		6	%
	Tier I capital (to adjusted assets)	3,294,595			14.5	%		908,854		4	%	1,136,067		5	%
	The increase in RJF’s Total capital (to risk-weighted assets) and Tier I capital (to risk-weighted assets) at September 30, 2014 compared to September 30, 2013 is the result of positive earnings during the year ended September 30, 2014 offset by an increase in the corporate loan portfolio. The increase in RJF’s Tier I capital (to adjusted assets) ratio at September 30, 2014 compared to September 30, 2013 is primarily due to earnings during the year ended September 30, 2014 as well as a decrease in average segregated assets offset by an increase in the average corporate loan portfolio.
	To be categorized as “well capitalized,” RJ Bank must maintain minimum total risk-based, Tier I risk-based, and Tier I leverage ratios as set forth in the table below.
		Actual						Requirement for capital				To be well capitalized under prompt
								adequacy purposes				corrective action
												provisions
		Amount			Ratio			Amount		Ratio		Amount		Ratio
		($ in thousands)
	RJ Bank as of September 30, 2014:
	Total capital (to risk-weighted assets)	$	1,460,895		12.5	%		$	935,852	8	%	$	1,169,815	10	%
	Tier I capital (to risk-weighted assets)	1,314,374			11.2	%		467,926		4	%	701,889		6	%
	Tier I capital (to adjusted assets)	1,314,374			10.7	%		492,186		4	%	615,232		5	%
	RJ Bank as of September 30, 2013:
	Total capital (to risk-weighted assets)	$	1,234,268		13	%		$	758,996	8	%	$	948,745	10	%
	Tier I capital (to risk-weighted assets)	1,115,113			11.8	%		379,498		4	%	569,247		6	%
	Tier I capital (to adjusted assets)	1,115,113			10.4	%		430,154		4	%	537,692		5	%
	The decrease in RJ Bank’s Total capital and Tier I capital (to risk-weighted assets) ratios at September 30, 2014 compared to September 30, 2013 is primarily due to growth in the corporate loan portfolio during the year ended September 30, 2014.
	Our intention is to maintain RJ Bank’s “well capitalized” status. RJ Bank maintains a targeted total capital to risk-weighted assets ratio of at least 12.5%. In the unlikely event that RJ Bank failed to maintain its “well capitalized” status, the consequences could include a requirement to obtain a waiver prior to acceptance, renewal, or rollover of brokered deposits and higher FDIC premiums, but would not have a significant impact on our operations.
	RJ Bank may pay dividends to the parent company without prior approval by its regulator as long as the dividend does not exceed the sum of RJ Bank’s current calendar year and the previous two calendar years’ retained net income, and RJ Bank maintains its targeted capital to risk-weighted assets ratios.
	Certain of our broker-dealer subsidiaries are subject to the requirements of the Uniform Net Capital Rule (Rule 15c3-1) under the Securities Exchange Act of 1934. RJ&A and RJFS, each being member firms of the Financial Industry Regulatory Authority (“FINRA”), are subject to the rules of FINRA, whose capital requirements are substantially the same as Rule 15c3-1. Rule 15c3-1 requires that aggregate indebtedness, as defined, not exceed 15 times net capital, as defined. Rule 15c3-1 also provides for an “alternative net capital requirement,” which RJ&A and RJFS have each elected. Regulations require that minimum net capital, as defined, be equal to the greater of $1 million, ($250 thousand for RJFS as of September 30, 2014) or two percent of aggregate debit items arising from client transactions. FINRA may require a member firm to reduce its business if its net capital is less than four percent of Aggregate Debit Items and may prohibit a member firm from expanding its business and declaring cash dividends if its net capital is less than five percent of aggregate debit items.
	The net capital position of our wholly owned broker-dealer subsidiary RJ&A is as follows:
		As of September 30,
		2014			2013
		($ in thousands)
	Raymond James & Associates, Inc.:
	(Alternative Method elected)
	Net capital as a percent of aggregate debit items	24.14		%	23.14		%
	Net capital	$	442,866		$	435,343
	Less: required net capital	(36,694		)	(37,625		)
	Excess net capital	$	406,172		$	397,718
	The net capital position of our wholly owned broker-dealer subsidiary RJFS is as follows:
		As of September 30,
		2014			2013
		(in thousands)
	Raymond James Financial Services, Inc.:
	(Alternative Method elected)
	Net capital	$	23,748		$	18,103
	Less: required net capital	(250		)	(250		)
	Excess net capital	$	23,498		$	17,853
	RJ Ltd. is subject to the Minimum Capital Rule (Dealer Member Rule No. 17 of the Investment Industry Regulatory Organization of Canada (“IIROC”)) and the Early Warning System (Dealer Member Rule No. 30 of the IIROC). The Minimum Capital Rule requires that every member shall have and maintain at all times risk-adjusted capital greater than zero calculated in accordance with Form 1 (Joint Regulatory Financial Questionnaire and Report) and with such requirements as the Board of Directors of the IIROC may from time to time prescribe. Insufficient risk-adjusted capital may result in suspension from membership in the stock exchanges or the IIROC.
	The Early Warning System is designed to provide advance warning that a member firm is encountering financial difficulties. This system imposes certain sanctions on members who are designated in Early Warning Level 1 or Level 2 according to their capital, profitability, liquidity position, frequency of designation or at the discretion of the IIROC. Restrictions on business activities and capital transactions, early filing requirements, and mandated corrective measures are sanctions that may be imposed as part of the Early Warning System. RJ Ltd. is not in Early Warning Level 1 or Level 2 at either September 30, 2014 or 2013.
	The risk adjusted capital of RJ Ltd. is as follows (in Canadian currency):
		As of September 30,
		2014			2013
		(in thousands)
	Raymond James Ltd.:
	Risk adjusted capital before minimum	$	107,645		$	52,777
Less: required minimum capital	(250		)	(250		)
Risk adjusted capital	$	107,395		$	52,527
Raymond James Trust, N.A., (“RJ Trust”) is regulated by the OCC and is required to maintain sufficient capital and meet capital and liquidity requirements. As of September 30, 2014 and 2013, RJ Trust met the requirements.
At September 30, 2014, all of our other active regulated domestic and international subsidiaries are in compliance with and met all capital requirements.
RJF expects to continue paying cash dividends. However, the payment and rate of dividends on our common stock is subject to several factors including our operating results, financial requirements, and the availability of funds from our subsidiaries, including our broker-dealer and bank subsidiaries, which may be subject to restrictions under regulatory capital rules. The availability of funds from subsidiaries may also be subject to restrictions contained in loan covenants of certain broker-dealer loan agreements; dividends to the parent from RJ Bank may be subject to restrictions by bank regulators. None of these restrictions have ever limited our past dividend payments.

FINANCIAL_INSTRUMENTS_WITH_OFF

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	12 Months Ended
	Sep. 30, 2014
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]	'
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	'
	FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK
	In the normal course of business, we purchase and sell securities as either principal or agent on behalf of our clients. If either the client or counterparty fails to perform, we may be required to discharge the obligations of the nonperforming party. In such circumstances, we may sustain a loss if the market value of the security or futures contract is different from the contract value of the transaction.
	In a number of instances in the discussions that follow, reference is made to collateral. Note 19 provides additional information regarding the recorded balances in the Consolidated Statements of Financial Condition and the collateral balances related thereto.
	We also act as an intermediary between broker-dealers and other financial institutions whereby we borrow securities from one broker-dealer and then lend them to another. Securities borrowed and securities loaned are carried at the amounts of cash collateral advanced and received in connection with the transactions. We measure the market value of the securities borrowed and loaned against the cash collateral on a daily basis. The market value of securities borrowed was $113.3 million and securities loaned was $61 million at September 30, 2014, and the market value of securities borrowed was $64.6 million and securities loaned was $42.7 million at September 30, 2013. The contract value of securities borrowed and securities loaned was $117.7 million and $67.3 million, respectively, at September 30, 2014 and the contract value of securities borrowed and securities loaned was $66.4 million and $49.5 million, respectively, at September 30, 2013. Additional cash is obtained as necessary to ensure such transactions are adequately collateralized. If another party to the transaction fails to perform as agreed (for example, failure to deliver a security or failure to pay for a security), we may incur a loss if the market value of the security is different from the contract amount of the transaction.
	We have also loaned, to broker-dealers and other financial institutions, securities owned by clients and others for which we have received cash or other collateral. The market value of securities loaned was $341.2 million and $299.1 million at September 30, 2014 and 2013, respectively. The contract value of securities loaned was $350 million and $305.1 million at September 30, 2014 and 2013, respectively. If a borrowing institution or broker-dealer does not return a security, we may be obligated to purchase the security in order to return it to the owner. In such circumstances, we may incur a loss equal to the amount by which the market value of the security on the date of nonperformance exceeds the value of the collateral received from the financial institution or the broker-dealer.
	We have sold securities that we do not currently own, and will, therefore, be obligated to purchase such securities at a future date. We have recorded $238.4 million and $220.7 million at September 30, 2014 and 2013, respectively, which represents the market value of such securities (see Notes 5 and 6 for further information). We are subject to loss if the market price of those securities not covered by a hedged position increases subsequent to fiscal year-end. We utilize short positions on government obligations and equity securities to economically hedge long proprietary inventory positions.
	We enter into security transactions on behalf of our clients and other brokers involving forward settlement. Forward contracts provide for the delayed delivery of the underlying instrument. The contractual amounts related to these financial instruments reflect the volume and activity and do not reflect the amounts at risk. The gain or loss on these transactions is recognized on a trade date basis. Transactions involving future settlement give rise to market risk, which represents the potential loss that can be caused by a change in the market value of a particular financial instrument. Our exposure to market risk is determined by a number of factors, including the duration, size, composition and diversification of positions held, the absolute and relative levels of interest rates, and market volatility. The credit risk for these transactions is limited to the unrealized market valuation gains recorded in the Consolidated Statements of Financial Condition.
	The majority of our transactions and, consequently, the concentration of our credit exposure, is with clients, broker-dealers and other financial institutions in the U.S. These activities primarily involve collateralized arrangements and may result in credit exposure in the event that the counterparty fails to meet its contractual obligations. Our exposure to credit risk can be directly impacted by volatile securities markets, which may impair the ability of counterparties to satisfy their contractual obligations. We seek to control our credit risk through a variety of reporting and control procedures, including establishing credit limits based upon a review of the counterparties’ financial condition and credit ratings. We monitor collateral levels on a daily basis for compliance with regulatory and internal guidelines and request changes in collateral levels as appropriate.
	RJ Ltd. is subject to foreign exchange risk primarily due to financial instruments denominated in U.S. dollars that may be impacted by fluctuation in foreign exchange rates. In order to mitigate this risk, RJ Ltd. enters into forward foreign exchange contracts. The fair value of these contracts is not significant. As of September 30, 2014, forward contracts outstanding to buy and sell U.S. dollars totaled CDN $17 million and CDN $40.9 million, respectively. RJ Bank is also subject to foreign exchange risk related to its net investment in a Canadian subsidiary. See Note 18 for information regarding how RJ Bank utilizes net investment hedges to mitigate a significant portion of this risk.
	RJ Bank has outstanding at any time a significant number of commitments to extend credit and other credit-related off-balance sheet financial instruments such as standby letters of credit and loan purchases, which then extend over varying periods of time. These arrangements are subject to strict credit control assessments and each customer’s credit worthiness is evaluated on a case-by-case basis. Fixed-rate commitments, if any, are also subject to market risk resulting from fluctuations in interest rates and RJ Bank’s exposure is limited to the replacement value of those commitments.
	RJ Bank’s commitments to extend credit and other credit-related off-balance sheet financial instruments outstanding are as follows:
		As of September 30,
		2014		2013
		(in thousands)
	Standby letters of credit	$	100,582	$	122,672
	Open end consumer lines of credit	1,585,717		829,923
	Commercial lines of credit	1,692,896		1,743,594
	Unfunded loan commitments	248,931		216,918
	In the normal course of business, RJ Bank issues, or participates in the issuance of, financial standby letters of credit whereby it provides an irrevocable guarantee of payment in the event the letter of credit is drawn down by the beneficiary. These standby letters of credit generally expire in one year or less. As of September 30, 2014, $101 million of such letters of credit were outstanding. In the event that a letter of credit is drawn down, RJ Bank would pursue repayment from the party under the existing borrowing relationship, or would liquidate collateral, or both. The proceeds from repayment or liquidation of collateral are expected to satisfy the amounts drawn down under the existing letters of credit. The credit risk involved in issuing letters of credit is essentially the same as that involved with extending loan commitments to clients and, accordingly, RJ Bank uses a credit evaluation process and collateral requirements similar to those for loan commitments.
	Open end consumer lines of credit primarily represent the unfunded amounts of RJ Bank loans to customers that are secured by marketable securities at advance rates consistent with industry standards. The proceeds from repayment or, if necessary, the liquidation of collateral, which is monitored daily, are expected to satisfy the amounts drawn against these existing lines of credit.
	Because many of RJ Bank’s lending commitments expire without being funded in whole or part, the contract amounts are not estimates of RJ Bank’s actual future credit exposure or future liquidity requirements. RJ Bank maintains a reserve to provide for potential losses related to the unfunded lending commitments. See Note 9 for further discussion of this reserve for unfunded lending commitments.
	Credit risk represents the accounting loss that would be recognized at the reporting date if counterparties failed completely to perform as contracted. The credit risk amounts are equal to the contractual amounts, assuming that the amounts are fully advanced and that the collateral or other security is of no value. RJ Bank uses the same credit approval and monitoring process in extending loan commitments and other credit-related off-balance sheet instruments as it does in making loans.
	As a part of our fixed income public finance operations, RJ&A enters into forward commitments to purchase GNMA or FNMA MBS.  See Note 2 and Note 21 for information on these commitments. We utilize TBA security contracts to hedge our interest rate risk associated with these commitments. We are subject to loss if the timing of, or the actual amount of, the MBS securities differs significantly from the term and notional amount of the TBA security contracts we enter into.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	12 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
EARNINGS PER SHARE	'
	EARNINGS PER SHARE
	The following table presents the computation of basic and diluted earnings per share:
		Year ended September 30,
		2014			2013			2012
		(in thousands, except per share amounts)
	Income for basic earnings per common share:
	Net income attributable to RJF	$	480,248		$	367,154		$	295,869
	Less allocation of earnings and dividends to participating securities (1)	(3,007		)	(4,164		)	(5,958		)
	Net income attributable to RJF common shareholders	$	477,241		$	362,990		$	289,911
	Income for diluted earnings per common share:
	Net income attributable to RJF	$	480,248		$	367,154		$	295,869
	Less allocation of earnings and dividends to participating securities (1)	(2,946		)	(4,100		)	(5,926		)
	Net income attributable to RJF common shareholders	$	477,302		$	363,054		$	289,943
	Common shares:
	Average common shares in basic computation	139,935			137,732			130,806
	Dilutive effect of outstanding stock options and certain restricted stock units	3,654			2,809			985
	Average common shares used in diluted computation	143,589			140,541			131,791
	Earnings per common share:
	Basic	$	3.41		$	2.64		$	2.22
	Diluted	$	3.32		$	2.58		$	2.2
	Stock options and certain restricted stock units excluded from weighted-average diluted common shares because their effect would be antidilutive	1,503			1,153			1,928
	-1	Represents dividends paid during the year to participating securities plus an allocation of undistributed earnings to participating securities. Participating securities represent unvested restricted stock and certain restricted stock units and amounted to weighted-average shares of 887 thousand, 1.6 million and 2.7 million for the years ended September 30, 2014, 2013 and 2012, respectively.  Dividends paid to participating securities amounted to $532 thousand, $800 thousand and $1.4 million for the years ended September 30, 2014, 2013, and 2012 respectively.  Undistributed earnings are allocated to participating securities based upon their right to share in earnings if all earnings for the period had been distributed.
	Dividends per common share declared and paid are as follows:
			Year ended September 30,
			2014			2013			2012
	Dividends per common share - declared		$	0.64		$	0.56		$	0.52
	Dividends per common share - paid		$	0.62		$	0.55		$	0.52

SEGMENT_INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
SEGMENT INFORMATION	'
	SEGMENT INFORMATION
	We currently operate through the following five business segments: “Private Client Group;” “Capital Markets;” “Asset Management;” RJ Bank; and the “Other” segment.
	The business segments are determined based upon factors such as the services provided and the distribution channels served and are consistent with how we assess performance and determine how to allocate our resources throughout our subsidiaries. The financial results of our segments are presented using the same policies as those described in Note 2, “Summary of Significant Accounting Policies.” Segment results include charges allocating corporate overhead and benefits to each segment. Intersegment revenues, expenses, receivables and payables are eliminated upon consolidation.
	The Private Client Group segment includes the retail branches of our broker-dealer subsidiaries located throughout the U.S., Canada and the United Kingdom. These branches provide securities brokerage services including the sale of equities, mutual funds, fixed income products and insurance products to their individual clients. The segment includes net interest earnings on client margin loans and cash balances and certain fee revenues generated by the multi-bank aspect of the RJBDP. Additionally, this segment includes the activities associated with the borrowing and lending of securities to and from other broker-dealers, financial institutions and other counterparties, generally as an intermediary or to facilitate RJ&A’s clearance and settlement obligations and the correspondent clearing services that we provide to other broker-dealer firms.
	The Capital Markets segment includes institutional sales and trading in the U.S., Canada and Europe. We provide securities brokerage, trading, and research services to institutions with an emphasis on the sale of U.S. and Canadian equities and fixed income products. This segment also includes our management of and participation in underwritings, merger and acquisition services, public finance activities, the operations of RJTCF, and our Latin American joint ventures.
	The Asset Management segment includes the operations of Eagle, the Eagle Family of Funds, the asset management operations of RJ&A, trust services of RJ Trust, and other fee-based asset management programs.
	RJ Bank originates and purchases C&I loans, tax-exempt loans, SBL, as well as commercial and residential real estate loans, all of which are funded primarily by cash balances swept from the investment accounts of our broker-dealer subsidiaries’ clients.
	The Other segment includes our principal capital and private equity activities as well as various corporate costs of RJF that are not allocated to operating segments including the interest cost on our public debt and acquisition and integration costs (see Note 3 for additional information).
	Information concerning operating results in these segments are as follows:
		Year ended September 30,
		2014			2013			2012
		(in thousands)
	Revenues:
	Private Client Group	$	3,276,566		$	2,930,603		$	2,484,670
	Capital Markets	981,572			955,955			828,435
	Asset Management	369,690			292,817			237,224
	RJ Bank	360,317			356,130			345,693
	Other	42,203			126,401			58,412
	Intersegment eliminations	(64,888		)	(66,108		)	(56,534		)
	Total revenues(1)	$	4,965,460		$	4,595,798		$	3,897,900
	Income (loss) excluding noncontrolling interests and before provision for income taxes:
	Private Client Group	$	330,278		$	230,315		$	215,091
	Capital Markets	130,565			102,171			75,755
	Asset Management	128,286			96,300			67,241
	RJ Bank	242,834			267,714			240,158
	Other (2)	(83,918		)	(132,313		)	(126,720		)
	Pre-tax income excluding noncontrolling interests	748,045			564,187			471,525
	Add: net (loss) income attributable to noncontrolling interests	(32,097		)	29,723			(3,604		)
	Income including noncontrolling interests and before provision for income taxes	$	715,948		$	593,910		$	467,921
	-1	No individual client accounted for more than ten percent of total revenues in any of the years presented.
	-2	The Other segment includes acquisition related expenses pertaining to our acquisitions (primarily related to our Morgan Keegan acquisition, see Note 3 for additional information) in the amount of $73.5 million and $59.3 million for the years ended September 30, 2013 and 2012, respectively. For the year ended September 30, 2014, acquisition related expenses are no longer material for separate disclosure as our Morgan Keegan integration activities were substantially complete as of September 30, 2013.
		Year ended September 30,
		2014			2013			2012
		(in thousands)
	Net interest income (expense):
	Private Client Group	$	89,527		$	85,301		$	84,827
	Capital Markets	5,326			4,076			6,641
	Asset Management	92			81			(17		)
	RJ Bank	346,757			338,844			322,024
	Other	(64,907		)	(65,074		)	(51,586		)
	Net interest income	$	376,795		$	363,228		$	361,889
	The following table presents our total assets on a segment basis:
		September 30,
		2014			2013
		(in thousands)
	Total assets:
	Private Client Group (1)	$	6,255,176		$	7,649,030
	Capital Markets (2)	2,645,926			2,548,663
	Asset Management	186,170			149,436
	RJ Bank	12,036,945			10,489,524
	Other	2,201,435			2,349,469
	Total	$	23,325,652		$	23,186,122
	-1	Includes $174.6 million of goodwill at September 30, 2014 and 2013.
	-2	Includes $120.9 million of goodwill at September 30, 2014 and 2013.
	We have operations in the United States, Canada, Europe and joint ventures in Latin America. Substantially all long-lived assets are located in the United States.  Revenues and income before provision for income taxes and excluding noncontrolling interests, classified by major geographic areas in which they are earned, are as follows:
		Year ended September 30,
		2014			2013			2012
		(in thousands)
	Revenues:
	United States	$	4,512,808		$	4,177,712		$	3,500,982
	Canada	323,038			310,616			297,348
	Europe	95,865			83,744			78,221
	Other	33,749			23,726			21,349
Total	$	4,965,460		$	4,595,798		$	3,897,900
Pre-tax income (loss) excluding noncontrolling interests:
United States	$	706,366		$	543,093		$	450,731
Canada	37,947			28,470			29,593
Europe	(1,546		)	(8,032		)	(1,839		)
Other	5,278			656			(6,960		)
Total	$	748,045		$	564,187		$	471,525
Our total assets, classified by major geographic area in which they are held, are presented below:
	September 30,
	2014			2013
	(in thousands)
Total assets:
United States (1)	$	21,469,999		$	21,154,293
Canada(2)	1,773,703			1,965,648
Europe	39,872			26,415
Other	42,078			39,766
Total	$	23,325,652		$	23,186,122
-1	Includes $262.5 million of goodwill at September 30, 2014 and 2013.
-2	Includes $33 million of goodwill at September 30, 2014 and 2013.

CONDENSED_FINANCIAL_INFORMATIO

CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY)	12 Months Ended
	Sep. 30, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]	'
CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY)	'
	CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY)
	As more fully described in Note 1, RJF (or the “Parent”), is a financial holding company whose subsidiaries are engaged in various financial services businesses. The Parent’s primary activities include investments in subsidiaries and corporate investments, including cash management, company-owned life insurance and private equity investments. The primary source of operating cash available to the Parent is provided by dividends from its subsidiaries.
	Our principal domestic broker-dealer subsidiaries of the Parent, RJ&A and RJFS, are required by regulations to maintain a minimum amount of net capital (other non-bank subsidiaries of the Parent are also required by regulations to maintain a minimum amount of net capital, but those other subsidiaries are relatively insignificant). RJ&A is further required by certain covenants in its borrowing agreements to maintain net capital equal to 10% of aggregate debit balances. At September 30, 2014, each of these brokerage subsidiaries far exceeded their minimum net capital requirements, see Note 26 for further information.
	Subsidiary net assets of approximately $1.7 billion are restricted under regulatory or other restrictions, from being transferred from certain subsidiaries to the Parent without prior approval of the respective entities’ regulator, as of September 30, 2014.
	Liquidity available to the Parent from its other subsidiaries, other than broker-dealer subsidiaries and RJ Bank, is not limited by regulatory or other restrictions, but is relatively insignificant. The Parent regularly receives a portion of the profits of subsidiaries, other than RJ Bank, as dividends.
	See Notes 15, 17, 21 and 26 for more information regarding borrowings, commitments, contingencies and guarantees, and capital and regulatory requirements of the Parent and it’s subsidiaries.
	The following table presents the Parent’s statements of financial condition:
		September 30,
		2014				2013
		(in thousands)
	Assets:
	Cash and cash equivalents	$	778,855		(1)	$	274,747
	Intercompany receivables from subsidiaries:
	Bank subsidiary	—				44
	Non-bank subsidiaries (2)	710,318				920,827
	Investments in consolidated subsidiaries:
	Bank subsidiary	1,310,097				1,106,742
	Non-bank subsidiaries	2,302,128				2,393,035
	Property and equipment, net	10,320				10,546
	Goodwill and identifiable intangible assets, net	31,954				31,954
	Other assets	619,616				634,446
	Total assets	$	5,763,288			$	5,372,341
	Liabilities and equity:
	Trade and other	78,994				66,159
	Intercompany payables to subsidiaries:
	Bank subsidiary	45				—
	Non-bank subsidiaries	109,396				217,497
	Accrued compensation and benefits	284,584				276,916
	Corporate debt	1,149,033				1,148,845
	Total liabilities	1,622,052				1,709,417
	Equity	4,141,236				3,662,924
	Total liabilities and equity	$	5,763,288			$	5,372,341
	-1	Of the Parent’s total cash and cash equivalents at September 30, 2014, $500 million is held in a deposit account at RJ Bank.
	-2	Of the total receivable from non-bank subsidiaries, $458 million and $760 million at September 30, 2014 and 2013, respectively, is invested in cash and cash equivalents by the subsidiary on behalf of the Parent.
	The following table presents the Parent’s statements of income:
		Year ended September 30,
		2014				2013			2012
		(in thousands)
	Revenues:
	Dividends from non-bank subsidiaries	$	253,218			$	822,996		$	433,643
	Dividends from bank subsidiary	25,000				100,000			75,000
	Interest from subsidiaries	5,779				1,966			1,876
	Interest	2,050				2,510			322
	Other, net	1,613				6,017			7,391
	Total revenues	287,660				933,489			518,232
	Interest expense	(76,662		)		(78,244		)	(61,122		)
	Net revenues	210,998				855,245			457,110
	Non-interest expenses:
	Compensation and benefits	41,482				43,673			38,027
	Communications and information processing	5,036				5,029			4,624
	Occupancy and equipment costs	892				1,005			1,188
	Business development	15,497				16,506			12,613
	Other	8,252				9,608			26,716
	Intercompany allocations and charges	(38,148		)		(33,115		)	(25,360		)
	Total non-interest expenses	33,011				42,706			57,808
	Income before income tax benefit and equity in undistributed net income of subsidiaries	177,987				812,539			399,302
	Income tax benefit	(37,170		)		(54,047		)	(48,575		)
	Income before equity in undistributed net income of subsidiaries	215,157				866,586			447,877
	Equity in undistributed net income of subsidiaries	265,091				(499,432		)	(152,008		)
	Net income	$	480,248			$	367,154		$	295,869
	Other comprehensive income, net of tax:
	Change in unrealized gain on available for sale securities and non-credit portion of other-than-temporary impairment losses	—				—			2
	Total comprehensive income	$	480,248			$	367,154		$	295,871
The following table presents the Parent’s statements of cash flows:
	Year ended September 30,
	2014				2013			2012
	(in thousands)
Cash flows from operating activities:
Net income	$	480,248			$	367,154		$	295,869
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on investments	(10,245		)		(11,264		)	(6,286		)
Gain on company-owned life insurance	(17,989		)		(24,907		)	(22,848		)
Equity in undistributed net income of subsidiaries	(265,091		)		499,432			152,008
Other, net	75,725				(120,340		)	57,221
Net change in:
Intercompany receivables	45,656				(68,635		)	(35,456		)
Other	44,360				33,584			(266,467		)
Intercompany payables	(108,056		)		(214,415		)	239,669
Trade and other	12,835				10,017			22,034
Accrued compensation and benefits	7,668				148,622			44,156
Net cash provided by operating activities	265,111				619,248			479,900
Cash flows from investing activities:
Distributions from (investments in and advances to) subsidiaries, net	321,127				(384,622		)	(278,590		)
Sales (purchases) of investments, net	6,347				(171,677		)	3,258
Purchase of investments in company-owned life insurance, net	(25,581		)		(15,017		)	(18,271		)
Acquisition of subsidiary	—				—			(1,073,621		)
Net cash provided by (used in) investing activities	301,893				(571,316		)	(1,367,224		)
Cash flows from financing activities:
Proceeds from borrowed funds, net	—				—			586,860
Proceeds from issuance of shares in registered public offering	—				—			362,823
Exercise of stock options and employee stock purchases	33,633				55,997			33,811
Purchase of treasury stock	(8,427		)		(11,718		)	(20,860		)
Dividends on common stock	(88,102		)		(76,593		)	(68,782		)
Net cash (used in) provided by financing activities	(62,896		)		(32,314		)	893,852
Net increase in cash and cash equivalents	504,108				15,618			6,528
Cash and cash equivalents at beginning of year	274,747				259,129			252,601
Cash and cash equivalents at end of year	$	778,855			$	274,747		$	259,129
Supplemental disclosures of cash flow information:
Cash paid for interest	$	76,661			$	78,439		$	49,155
Cash received for income taxes, net	$	(59,552	)		$	(100,179	)	$	(74,501	)
Supplemental disclosures of noncash investing activity:
(Distributions from) investments in subsidiaries, net	$	(132,117	)		$	457,048		$	153,854

INTRODUCTION_AND_BASIS_OF_PRES1

INTRODUCTION AND BASIS OF PRESENTATION (Policies)	12 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of presentation	'
	Basis of presentation
	The accompanying consolidated financial statements include the accounts of RJF and its consolidated subsidiaries that are generally controlled through a majority voting interest. We consolidate all of our 100% owned subsidiaries. In addition we consolidate any variable interest entity (“VIE”) in which we are the primary beneficiary. Additional information on these VIEs is provided in Note 2 in the section titled, “Evaluation of VIEs to determine whether consolidation is required” and in Note 11. When we do not have a controlling interest in an entity, but we exert significant influence over the entity, we apply the equity method of accounting. All material intercompany balances and transactions have been eliminated in consolidation.
Accounting estimates and assumptions	'
	Accounting estimates and assumptions
	The preparation of consolidated financial statements in conformity with United States of America (“U.S.”) generally accepted accounting principles (“GAAP”) requires us to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and could have a material impact on the consolidated financial statements.
Reporting period	'
	Reporting period
	Our quarters end on the last day of each calendar quarter.
Acquisitions	'
	Fiscal year 2013 acquisition
	On December 24, 2012, we completed our acquisition of a 45% interest in ClariVest Asset Management, LLC (“ClariVest”), an acquisition that bolstered our platform in the large-cap investment objective. See Note 3 for additional information.
	Fiscal year 2012 acquisition
	On April 2, 2012 (the “Closing Date”) RJF completed its acquisition of all of the issued and outstanding shares of Morgan Keegan & Company, Inc. (a broker-dealer hereinafter referred to as “MK & Co.”) and MK Holding, Inc. and certain of its affiliates (collectively referred to hereinafter as “Morgan Keegan”) from Regions Financial Corporation (“Regions”).  This acquisition expanded both our private client and our capital markets businesses. We accounted for this acquisition under the acquisition method of accounting with the assets and liabilities of Morgan Keegan recorded as of the acquisition date at their respective fair values and consolidated in our financial statements, see Note 3 for further information regarding our acquisition of Morgan Keegan. The results of operations of Morgan Keegan have been included in our results prospectively from April 2, 2012.
Adoption of new accounting guidance	'
	Adoption of new accounting guidance
	In December 2011, the Financial Accounting Standards Board (“FASB”) issued new guidance requiring additional disclosures regarding the nature of an entity’s rights of setoff and related arrangements associated with its financial instruments and derivative instruments.  This guidance was further amended in January 2013. Specifically, this new guidance requires additional information about derivatives, repurchase agreements, reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset or subject to an enforceable master netting arrangement or similar agreement. This guidance was first effective for our quarter ended December 31, 2013.  See Note 19 for these additional disclosures.
	In February 2013, the FASB issued new guidance intended to improve the reporting of reclassifications out of accumulated other comprehensive (loss) income (“AOCI”). The new guidance requires us to report the effect of significant reclassifications out of AOCI on the respective line items in net income if the amount being reclassified is required under GAAP to be reclassified in its entirety to net income. For other amounts that are not required under GAAP to be reclassified in their entirety to net income in the same reporting period, we are required to cross-reference other disclosures required under GAAP that provide additional detail about those amounts. This new guidance was first effective for our quarter ended December 31, 2013.  See Note 22 for these additional disclosures.
Reclassifications	'
	Reclassifications
	Certain prior period amounts, none of which are material, have been reclassified to conform to the current year’s presentation.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Recognition of revenues	'
	Recognition of revenues
	Securities commissions & fees
	The significant components of our securities commissions and fees revenue include the following:
	a.	Commission revenues and related expenses from securities transactions are recorded on a trade date basis. Commission revenues are recorded at the amount charged to clients which, in certain cases, may include varying discounts.
	b.	Fee revenues include certain asset-based fees. These fees include trailing commissions from mutual funds and variable annuities/insurance products, which are recorded ratably over the period earned.
	c.	Fee revenues also include the fees earned by financial advisors who provide investment advisory services under various manners of affiliation with us. These fee revenues are computed as either a percentage of the assets in the client account, or a flat periodic fee charged to the client for investment advice. Such fees are earned from the services provided by investment advisor representatives (“IARs”) and registered investment advisors (“RIAs”) who affiliate with us.
	Financial advisors may choose to affiliate with us as either an employee of RJ&A, and thus operate under the RJ&A registered investment advisor (“RIA”) license, or as an independent contractor affiliated with RJFS. If affiliated with RJFS, the financial advisor may choose to provide such advisory services either under their own RIA license, or under the RIA license of RJFSA, a wholly owned RIA that exclusively supports the investment advisory activities of financial advisors affiliated with RJFS.
	The revenue recognition and related expense policies associated with the generation of advisory fees from each of these affiliation alternatives are as follows:
	i.	Investment advisory service fee revenues earned by employee financial advisors (IARs of RJ&A) are presented in securities commissions and fees revenue on a gross basis. The RJ&A IARs are paid compensation which is computed as a percentage of the revenues generated and which is recorded as a component of compensation, commissions and benefits expense.
	ii.	Investment advisory service fee revenues earned by independent contractors who are registered representatives (“RR”) with RJFS are also registered with RJFSA and offer investment advisory services under RJFSA’s RIA license as an IAR of RJFSA are presented in securities fees and commissions revenue on a gross basis. These financial advisors are paid a portion of the revenues generated which is recorded as a component of compensation, commissions and benefits expense.
	iii.	Independent RIA firms that are owned and operated by a financial advisor who is an independent contractor registered as a RR with RJFS, may receive administrative and custodial services provided by RJFS as introducing broker-dealer firm to RJ&A. These independent RIA firms operate under their own RIA license and pay a fee for services provided to the RIA and its clients. These fees are recorded in securities commissions and fees revenue, net of the portion of the fees that are remitted to the independent RIA firm.
	iv.	We may earn fees as a result of providing a custodial platform for unaffiliated independent RIA firms. These independent RIA firms operate under their own RIA license and pay for administrative and other services provided through RJFS. These fees are recorded in securities commissions and fees revenue, net of the portion of the fees that are remitted to the independent RIA firm.
	d.	Insurance commission revenues and related expenses are recognized when the delivery of the insurance contract is confirmed by the carrier, the premium is remitted to the insurance company and the contract requirements are met.
	e.	Annuity commission revenues and related expenses are recognized when the signed annuity contract and premium is submitted to the annuity carrier.
	Investment banking
	Investment banking revenues are recorded at the time a transaction is completed and the related income is reasonably determinable. Investment banking revenues include management fees and underwriting fees, net of reimbursable expenses, earned in connection with the distribution of the underwritten securities, merger and acquisition fees, private placement fees, syndication fees on the sale of low-income housing tax credit fund interests, and limited partnership distributions. Securities received in connection with investment banking transactions are carried at fair value.
	We distribute our proprietary equity research products to our client base of institutional investors at no charge.
	Investment advisory fees
	We provide advice, research and administrative services for clients participating in both our managed and non-discretionary asset-based investment programs. These revenues are generated by our asset management businesses for administering and managing portfolios, funds and separate accounts. These asset management services are provided to individual investment portfolios, mutual funds and managed programs. We earn investment advisory fees based on the value of clients’ portfolios which are held in either managed or non-discretionary asset-based programs. Fees are computed based on balances either at the beginning of the quarter, the end of the quarter, or average assets. These fees are recorded ratably over the period earned.
	We may earn performance fees from various funds and separate accounts we manage, when their performance exceeds certain specified rates of return.  We record performance fee revenues in the period they are specifically quantifiable and are earned.  Once realized, such fees are not subject to clawback or reversal.
	Account and service fees
	Account and service fees primarily include transaction fees, annual account fees, service charges, exit fees, servicing fees, fees generated in lieu of interest income from a multi-bank sweep program with unaffiliated banks, money market processing and distribution fees and correspondent clearing fees. The annual account fees such as IRA fees and distribution fees are recognized as earned over the term of the contract. The transaction fees are earned and collected from clients as trades are executed. Servicing fees such as omnibus, education and marketing support fees, and no-transaction fee program revenues are paid to us for marketing and administrative services and are recognized as earned. Under clearing agreements, we clear trades for unaffiliated correspondent brokers and retain a portion of commissions as a fee for our services. Correspondent clearing revenues are recorded net of commissions remitted. Total commissions generated by correspondents were $39.6 million, $35.5 million, and $33.5 million and commissions remitted totaled $36.9 million, $32.6 million, and $31.2 million for the years ended September 30, 2014, 2013, and 2012 respectively.
Cash and cash equivalents	'
	Cash and cash equivalents
	Our cash equivalents include money market funds or highly liquid investments with original maturities of 90 days or less, other than those used for trading purposes.
Assets segregated pursuant to regulations and other segregated assets	'
	Assets segregated pursuant to regulations and other segregated assets
	In accordance with Rule 15c3-3 of the Securities Exchange Act of 1934, RJ&A, as a broker-dealer carrying client accounts, is subject to requirements related to maintaining cash or qualified securities in a segregated reserve account for the exclusive benefit of its clients. In addition, RJ Ltd. is required to hold client Registered Retirement Savings Plan funds in trust. Segregated assets consist of cash and cash equivalents.
	RJ Bank maintains interest-bearing bank deposits that are restricted for pre-funding letter of credit draws related to certain syndicated borrowing relationships in which RJ Bank is involved and occasionally pledged as collateral for Federal Home Loan Bank of Atlanta (“FHLB”) advances. In addition, RJ Bank maintains cash in an interest-bearing pass-through account at the Federal Reserve Bank in accordance with Regulation D of the Federal Reserve Act, which requires depository institutions to maintain minimum average reserve balances against its deposits.
Repurchase agreements and other collaterized financings	'
	Repurchase agreements and other collateralized financings
	We purchase securities under short-term agreements to resell (“Reverse Repurchase Agreements”). Additionally, we sell securities under agreements to repurchase (“Repurchase Agreements”). Both Reverse Repurchase Agreements and Repurchase Agreements are accounted for as collateralized financings and are carried at contractual amounts plus accrued interest. Our policy is to obtain possession of collateral with a market value equal to or in excess of the principal amount loaned under the Reverse Repurchase Agreements. To ensure that the market value of the underlying collateral remains sufficient, the securities are valued daily, and cash is obtained from or returned to the counterparty when contractually required. These Reverse Repurchase Agreements may result in credit exposure in the event the counterparty to the transaction is unable to fulfill its contractual obligations. Other collateralized financings include secured call loans receivable held by RJ Ltd. These financings represent loans of excess cash to financial institutions which are fully collateralized by Canadian treasury bills or provincial obligations and bear interest at call loan rates.
Fair Value Measurement, Policy	'
	Financial instruments owned, financial instruments sold but not yet purchased and fair value
	Financial instruments owned and financial instruments sold, but not yet purchased are recorded at fair value. Fair value is defined by GAAP as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between willing market participants on the measurement date.
	In determining the fair value of our financial instruments in accordance with GAAP, we use various valuation approaches, including market and/or income approaches. Fair value is a market-based measure considered from the perspective of a market participant. As such, even when assumptions from market participants are not readily available, our own assumptions reflect those that we believe market participants would use in pricing the asset or liability at the measurement date. GAAP provides for the following three levels to be used to classify our fair value measurements:
	Level 1-Financial instruments included in Level 1 are highly liquid instruments with quoted prices in active markets for identical assets or liabilities. These include equity securities traded in active markets and certain U. S. Treasury securities, other governmental obligations, or publicly traded corporate debt securities.
	Level 2-Financial instruments reported in Level 2 include those that have pricing inputs that are other than quoted prices in active markets, but which are either directly or indirectly observable as of the reporting date (i.e., prices for similar instruments). Instruments that are generally included in this category are equity securities that are not actively traded, corporate obligations infrequently traded, certain government and municipal obligations, interest rate swaps, certain asset-backed securities (“ABS”), certain collateralized mortgage obligations (“CMOs”), certain mortgage-backed securities (“MBS”), our derivative instruments, corporate loans and nonrecurring fair value measurements for certain loans held for sale, impaired loans and other real estate owned (“OREO”).
	Level 3-Financial instruments reported in Level 3 have little, if any, market activity and are measured using our best estimate of fair value, where the inputs into the determination of fair value are both significant to the fair value measurement and unobservable. These valuations require significant judgment or estimation. Instruments in this category generally include: equity securities with unobservable inputs such as those investments made in our principal capital activities, certain non-agency ABS, pools of interest-only Small Business Administration (“SBA”) loan strips (“I/O Strips”), certain municipal and corporate obligations which include auction rate securities (“ARS”) and nonrecurring fair value measurements for certain impaired loans.
	GAAP requires that we maximize the use of observable inputs and minimize the use of unobservable inputs when performing our fair value measurements. The availability of observable inputs can vary from instrument to instrument and in certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Our assessment of the significance of a particular input to the fair value measurement of an instrument requires judgment and consideration of factors specific to the instrument.
	We offset our long and short positions for a particular security recorded at fair value as part of our trading instruments (long positions) and trading instruments sold but not yet purchased (short positions), when the long and short positions have identical Committee on Uniform Security Identification Procedures numbers (“CUSIPs”).
	Valuation techniques
	The fair value for certain of our financial instruments is derived using pricing models and other valuation techniques that involve significant management judgment. The price transparency of financial instruments is a key determinant of the degree of judgment involved in determining the fair value of our financial instruments. Financial instruments for which actively quoted prices or pricing parameters are available will generally have a higher degree of price transparency than financial instruments that are thinly traded or not quoted. In accordance with GAAP, the criteria used to determine whether the market for a financial instrument is active or inactive is based on the particular asset or liability. For equity securities, our definition of actively traded is based on average daily volume and other market trading statistics. We have determined the market for certain other types of financial instruments, including certain CMOs, ABS, certain collateralized debt obligations and ARS, to be volatile, uncertain or inactive as of both September 30, 2014 and 2013. As a result, the valuation of these financial instruments included significant management judgment in determining the relevance and reliability of market information available. We considered the inactivity of the market to be evidenced by several factors, including a continued decreased price transparency caused by decreased volume of trades relative to historical levels, stale transaction prices and transaction prices that varied significantly either over time or among market makers.
Financial instruments owned, financial instruments sold but not yet purchased and fair value	'
	Financial instruments owned, financial instruments sold but not yet purchased and fair value
	Financial instruments owned and financial instruments sold, but not yet purchased are recorded at fair value. Fair value is defined by GAAP as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between willing market participants on the measurement date.
	In determining the fair value of our financial instruments in accordance with GAAP, we use various valuation approaches, including market and/or income approaches. Fair value is a market-based measure considered from the perspective of a market participant. As such, even when assumptions from market participants are not readily available, our own assumptions reflect those that we believe market participants would use in pricing the asset or liability at the measurement date. GAAP provides for the following three levels to be used to classify our fair value measurements:
	Level 1-Financial instruments included in Level 1 are highly liquid instruments with quoted prices in active markets for identical assets or liabilities. These include equity securities traded in active markets and certain U. S. Treasury securities, other governmental obligations, or publicly traded corporate debt securities.
	Level 2-Financial instruments reported in Level 2 include those that have pricing inputs that are other than quoted prices in active markets, but which are either directly or indirectly observable as of the reporting date (i.e., prices for similar instruments). Instruments that are generally included in this category are equity securities that are not actively traded, corporate obligations infrequently traded, certain government and municipal obligations, interest rate swaps, certain asset-backed securities (“ABS”), certain collateralized mortgage obligations (“CMOs”), certain mortgage-backed securities (“MBS”), our derivative instruments, corporate loans and nonrecurring fair value measurements for certain loans held for sale, impaired loans and other real estate owned (“OREO”).
	Level 3-Financial instruments reported in Level 3 have little, if any, market activity and are measured using our best estimate of fair value, where the inputs into the determination of fair value are both significant to the fair value measurement and unobservable. These valuations require significant judgment or estimation. Instruments in this category generally include: equity securities with unobservable inputs such as those investments made in our principal capital activities, certain non-agency ABS, pools of interest-only Small Business Administration (“SBA”) loan strips (“I/O Strips”), certain municipal and corporate obligations which include auction rate securities (“ARS”) and nonrecurring fair value measurements for certain impaired loans.
	GAAP requires that we maximize the use of observable inputs and minimize the use of unobservable inputs when performing our fair value measurements. The availability of observable inputs can vary from instrument to instrument and in certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Our assessment of the significance of a particular input to the fair value measurement of an instrument requires judgment and consideration of factors specific to the instrument.
	We offset our long and short positions for a particular security recorded at fair value as part of our trading instruments (long positions) and trading instruments sold but not yet purchased (short positions), when the long and short positions have identical Committee on Uniform Security Identification Procedures numbers (“CUSIPs”).
	Valuation techniques
	The fair value for certain of our financial instruments is derived using pricing models and other valuation techniques that involve significant management judgment. The price transparency of financial instruments is a key determinant of the degree of judgment involved in determining the fair value of our financial instruments. Financial instruments for which actively quoted prices or pricing parameters are available will generally have a higher degree of price transparency than financial instruments that are thinly traded or not quoted. In accordance with GAAP, the criteria used to determine whether the market for a financial instrument is active or inactive is based on the particular asset or liability. For equity securities, our definition of actively traded is based on average daily volume and other market trading statistics. We have determined the market for certain other types of financial instruments, including certain CMOs, ABS, certain collateralized debt obligations and ARS, to be volatile, uncertain or inactive as of both September 30, 2014 and 2013. As a result, the valuation of these financial instruments included significant management judgment in determining the relevance and reliability of market information available. We considered the inactivity of the market to be evidenced by several factors, including a continued decreased price transparency caused by decreased volume of trades relative to historical levels, stale transaction prices and transaction prices that varied significantly either over time or among market makers.
	The specific valuation techniques utilized for the categorization of financial instruments presented in our Consolidated Statements of Financial Condition are described below:
	Trading instruments and trading instruments sold but not yet purchased
	Trading instruments are comprised primarily of the financial instruments held by our broker-dealer subsidiaries. These instruments are recorded at fair value with realized and unrealized gains and losses reflected in current period net income.
	When available, we use quoted prices in active markets to determine the fair value of our trading securities. Such instruments are classified within Level 1 of the fair value hierarchy. Examples include exchange traded equity securities and liquid government debt securities.
	When instruments are traded in secondary markets and quoted market prices do not exist for such securities, we utilize valuation techniques including matrix pricing to estimate fair value. Matrix pricing generally utilizes spread-based models periodically re-calibrated to observable inputs such as market trades or to dealer price bids in similar securities in order to derive the fair value of the instruments. Valuation techniques may also rely on other observable inputs such as yield curves, interest rates and expected principal repayments and default probabilities. Instruments valued using these inputs are typically classified within Level 2 of the fair value hierarchy. Examples include certain municipal debt securities, corporate debt securities, agency MBS, and restricted equity securities in public companies. We utilize prices from independent services to corroborate our estimate of fair value. Depending upon the type of security, the pricing service may provide a listed price, a matrix price or use other methods including broker-dealer price quotations.
	The fair value for SBA loan securitizations is determined by utilizing observable prices obtained from a third party pricing service. The third party pricing service provides comparable price evaluations utilizing observable market data for similar securities. We substantiate the prices obtained from the third party pricing service by comparing such prices for a sample of securities to observable market trades obtained from external sources. The instruments valued using these observable inputs are typically classified within Level 2 of the fair value hierarchy.
	RJ Bank maintains a trading portfolio of certain corporate loans, that it originates through the primary syndication market. These trading instruments are recognized as of the trade date and are carried at fair value with the related unrealized and realized gains and losses reflected in net trading profit. These trading instruments are valued using quotes from a third party pricing service. These third party pricing service quotes are based on current market data provided by multiple dealers. The instruments are classified within Level 2 of the fair value hierarchy as the market inputs utilized by the third party pricing service are based upon observable inputs.
	Positions in illiquid securities that do not have readily determinable fair values require significant judgment or estimation. For these securities we use pricing models, discounted cash flow methodologies or similar techniques. Assumptions utilized by these techniques include estimates of future delinquencies, loss severities, defaults and prepayments or redemptions. Securities valued using these techniques are classified within Level 3 of the fair value hierarchy. For certain CMOs, where there has been limited activity or less transparency around significant inputs to the valuation, such as assumptions regarding performance of the underlying mortgages, these securities are currently classified within Level 3 of the fair value hierarchy.
	I/O Strip securities do not trade in an active market with readily observable prices.  Accordingly, we use valuation techniques that consider a number of factors including:  (a) the original cost of the pooled underlying SBA loans from which the I/O Strip securities were created, and any changes from the original to the hypothetical cost of buying similar loans under current market conditions; (b) seasoning of the underlying SBA loans in the pool that back the I/O strip securities; (c)  the type and nature of the pooled SBA loans backing the I/O Strip securities; (d) actual and assumed prepayment rates on the underlying pools of SBA loans; and (e) market data for past trades in comparable I/O Strip securities.  Prices from independent sources are used to corroborate our estimates of fair value.  Our I/O Strip securities are recorded in “other securities” within our trading instruments on our Consolidated Statements of Financial Condition.  These fair value measurements use significant unobservable inputs and accordingly, we classify them as Level 3 of the fair value hierarchy.
	Included within trading instruments (or trading instruments sold but not yet purchased) are to be announced (“TBA”) security contracts with investors for generic MBS securities at specific rates and prices to be delivered on settlement dates in the future. These TBA’s are entered into by RJ&A as a component of a hedging strategy, to hedge interest rate risk that it would otherwise be exposed to as part of a program its fixed income public finance operations offers to certain state and local housing finance agencies (“HFA”). Under this program, RJ&A enters into forward commitments to purchase Government National Mortgage Association (“GNMA”) or Federal National Home Mortgage Association (“FNMA”) MBS.  The MBS securities are issued on behalf of various HFA clients and consist of the mortgages originated through their lending programs.  RJ&A’s forward GNMA or FNMA MBS purchase commitments arise at the time of the loan reservation for a borrower in the HFA lending program (these loan reservations fix the terms of the mortgage, including the interest rate and maximum principal amount).  The underlying terms of the GNMA or FNMA MBS purchase, including the price for the MBS security (which is dependent upon the interest rates associated with the underlying mortgages) are also fixed at loan reservation.  Upon acquisition of the MBS security, RJ&A typically sells such security in open market transactions as part of its fixed income operations.  Given that the actual principal amount of the MBS security is not fixed and determinable at the date of RJ&A’s commitment to purchase, these forward MBS purchase commitments do not meet the definition of a “derivative instrument.” These TBA securities are accounted for at fair value and are classified within Level 1 of the fair value hierarchy.  The TBA securities may aggregate to either a net asset or net liability at any reporting date, depending upon market conditions. The offsetting purchase commitment is accounted for at fair value and is included in either other assets, or other liabilities, depending upon whether the TBA securities aggregate to a net asset or net liability. The fair value of the purchase commitment is classified within Level 3 of the fair value hierarchy.
	Available for sale securities
	Available for sale securities are comprised primarily of MBS, CMOs and other equity securities held predominately by RJ Bank (the “RJ Bank AFS Securities”) and ARS held by a non-broker-dealer subsidiary of RJF (collectively referred to as the “RJF AFS Securities”).
	Interest on the RJF AFS Securities is recognized in interest income on an accrual basis. For the RJ Bank AFS Securities, discounts are accreted and premiums are amortized as an adjustment to yield over the estimated remaining life of the security. A combination of the level factor and straight-line methods is used for such securities, the effect of which does not differ materially from the effective interest method. When a principal reduction occurs on a RJ Bank AFS Security, any related premium or discount is recognized as an adjustment to yield in the results of operations in the period in which the principal reduction occurs.
	Realized gains and losses on sales of any RJF AFS Securities are recognized using the specific identification method and reflected in other revenue in the period they are sold.
	Unrealized gains or losses on any RJF AFS Securities, except for those that are deemed to be other-than-temporary, are recorded through other comprehensive (loss) income and are thereafter presented in equity as a component of AOCI.
	For any RJF AFS Securities in an unrealized loss position at a reporting period end, we make an assessment whether such securities are impaired on an other-than-temporary basis. In order to evaluate our risk exposure and any potential impairment of these securities, on at least a quarterly basis, we review the characteristics of each security owned such as, where applicable, collateral type, delinquency and foreclosure levels, credit enhancement, projected loan losses, collateral coverage, the presence of U.S. government or government agency guarantees, and issuer credit rating. The following factors are considered in order to determine whether an impairment is other-than-temporary: our intention to sell the security, our assessment of whether it is more likely than not that we will be required to sell the security before the recovery of its amortized cost basis, and whether the evidence indicating that we will recover the amortized cost basis of a security in full outweighs evidence to the contrary. Evidence considered in this assessment includes the reasons for the impairment, the severity and duration of the impairment, changes in value subsequent to period end, recent events specific to the issuer or industry and forecasted performance of the security.
	We intend and have the ability to hold the RJF AFS Securities to maturity. We have concluded that it is not more likely than not that we will be required to sell these available for sale securities before the recovery of their amortized cost basis. Those securities whose amortized cost basis we do not expect to recover in full are deemed to be other-than-temporarily impaired and are written down to fair value with the credit loss portion of the write-down recorded as a realized loss in other revenue and the non-credit portion of the write-down recorded, net of deferred taxes, in shareholders’ equity as a component of AOCI. The credit loss portion of the write-down is the difference between the present value of the cash flows expected to be collected and the amortized cost basis of the security.
	For any RJF AFS Securities, we estimate the portion of loss attributable to credit using a discounted cash flow model. For RJ Bank AFS Securities, our discounted cash flow model utilizes relevant assumptions such as prepayment rate, default rate, and loss severity on a loan level basis. These assumptions are subject to change depending on a number of factors such as economic conditions, changes in home prices, delinquency and foreclosure statistics, among others. Events that may trigger material declines in fair values or additional credit losses for these securities in the future would include, but are not limited to, deterioration of credit metrics, significantly higher levels of default and severity of loss on the underlying collateral, deteriorating credit enhancement and loss coverage ratios, or further illiquidity. Expected principal and interest cash flows on the impaired debt security are discounted using the effective interest rate implicit in the security at the time of acquisition. The previous amortized cost basis of the security less the other-than-temporary impairment (“OTTI”) recognized in earnings establishes the new cost basis for the security.
	The fair value of agency and senior non-agency securities included within the RJ Bank AFS Securities is determined by obtaining third party pricing service bid quotations from two independent pricing services. Third party pricing service bid quotations are based on either current market data, or for any securities traded in markets where the trading activity has slowed such as the CMO market, the most recently available market data. The third party pricing services provide comparable price evaluations utilizing available market data for similar securities. The market data the third party pricing services utilize for these price evaluations includes observable data comprised of benchmark yields, reported trades, broker-dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data including market research publications, and loan performance experience. In order to validate that the pricing information used by the primary third party pricing service is observable, we request, on a quarterly basis, some of the key market data available for a sample of senior securities and compare this data to that which we observed in our independent accumulation of market information. Securities valued using these valuation techniques are classified within Level 2 of the fair value hierarchy.
	For senior non-agency securities within the RJ Bank AFS Securities where a significant difference exists between the primary third party pricing service bid quotation and the secondary third party pricing service, we utilize a discounted cash flow analysis to determine which third party price quote is more representative of fair value under the current market conditions. Securities measured using these valuation techniques are generally classified within Level 2 of the fair value hierarchy.
	ARS are long-term variable rate securities tied to short-term interest rates that were intended to be reset through a “Dutch auction” process, which generally occurs every seven to 35 days. Holders of ARS were at one time able to liquidate their holdings to prospective buyers by participating in the auctions. During 2008, the Dutch auction process failed and holders were no longer able to liquidate their holdings through the auction process. The fair value of the ARS holdings is estimated based on internal pricing models. The pricing model takes into consideration the characteristics of the underlying securities, as well as multiple inputs including the issuer and its credit quality, data from any recent trades, the expected timing of redemptions and an estimated yield premium that a market participant would require over otherwise comparable securities to compensate for the illiquidity of the ARS. These inputs require significant management judgment and accordingly, these securities are classified within Level 3 of the fair value hierarchy.
	Derivative contracts
	We enter into interest rate swaps and futures contracts either as part of our fixed income business to facilitate client transactions, to hedge a portion of our trading inventory, or to a limited extent for our own account. These derivatives are accounted for as trading account assets or liabilities and recorded at fair value in the Consolidated Statements of Financial Condition. Any realized or unrealized gains or losses are recorded in net trading profits within the Consolidated Statements of Income and Comprehensive Income with any interest earned thereon recorded in interest income. The fair value of any cash collateral exchanged as part of the interest rate swap contract is netted, by-counterparty, against the fair value of the derivative instrument. The fair value of these interest rate derivative contracts is obtained from internal pricing models that consider current market trading levels and the contractual prices for the underlying financial instruments, as well as time value, yield curve and other volatility factors underlying the positions. Since our model inputs can be observed in a liquid market and the models do not require significant judgment, such derivative contracts are classified within Level 2 of the fair value hierarchy. We utilize values obtained from third party derivatives dealers to corroborate the output of our internal pricing models.
	We also facilitate matched book derivative transactions through non-broker-dealer subsidiaries, either Raymond James Financial Products, LLC or Morgan Keegan Capital Services, LLC (collectively referred to as the Raymond James matched book swap subsidiaries or “RJSS”). The only difference in the swap businesses conducted by these two subsidiary entities is that they utilize different third party financial institutions to facilitate the offsetting transaction. RJSS enters into derivative transactions (primarily interest rate swaps) with clients of RJ&A. For every derivative transaction RJSS enters into with a client, it enters into an offsetting transaction with terms that mirror the client transaction, with a credit support provider who is a third party financial institution. Any collateral required to be exchanged under these derivative contracts is administered directly by the client and the third party financial institution. RJSS does not hold any collateral, or administer any collateral transactions, related to these instruments. We record the value of each derivative position held at fair value, as either an asset or an offsetting liability, presented as “derivative instruments associated with offsetting matched book positions”, as applicable, on our Consolidated Statements of Financial Condition. Fair value is determined using an internal model which includes inputs from independent pricing sources to project future cash flows under each underlying derivative contract. The cash flows are discounted to determine the present value. Since any changes in fair value are completely offset by an opposite change in the offsetting transaction position, there is no net impact on our Consolidated Statements of Income and Comprehensive Income from changes in the fair value of these derivative instruments. RJSS recognizes revenue on derivative transactions on the transaction date, computed as the present value of the expected cash flows RJSS expects to receive from the third party financial institution over the life of the derivative contract. The difference between the present value of these cash flows at the date of inception and the gross amount potentially received is accreted to revenue over the term of the contract. The revenue from these transactions is included within other revenues on our Consolidated Statements of Income and Comprehensive Income.
	RJ Bank enters into three-month forward foreign exchange contracts to hedge the risk related to their investment in their Canadian subsidiary. These derivatives are recorded at fair value on the Consolidated Statements of Financial Condition, the majority of which are designated as net investment hedges. The effective portion of the related gain or loss is recorded, net of tax, in shareholders’ equity as part of the cumulative translation adjustment component of AOCI with such balance impacting earnings in the event the net investment is sold or substantially liquidated.  Gains and losses on the undesignated derivative instruments as well as amounts representing hedge ineffectiveness are recorded in earnings in the Consolidated Statements of Income and Comprehensive Income.  Hedge effectiveness is assessed at each reporting period using a method that is based on changes in forward rates. The measurement of hedge ineffectiveness is based on the beginning balance of the foreign net investment at the inception of the hedging relationship and performed using the hypothetical derivative method.  However, as the terms of the hedging instrument and hypothetical derivative match at inception, there is no expected ineffectiveness to be recorded in earnings.  The fair value of any cash collateral exchanged as part of the forward exchange contracts is netted, by counterparty, against the fair value of the derivative instrument.
	The fair value of RJ Bank’s forward foreign exchange contracts is determined by obtaining valuations from a third party pricing service. These third party valuations are based on observable inputs such as spot rates, foreign exchange rates and both U.S. and Canadian interest rate curves. We validate the observable inputs utilized in the third party valuation model by preparing an independent calculation using a secondary, third party valuation model. These forward foreign exchange contracts are classified within Level 2 of the fair value hierarchy.
	Private equity investments
	Private equity investments are held primarily in our Other segment and consist of various direct and third party private equity and merchant banking investments, employee investment funds, and various private equity funds which we sponsor.  Private equity investments include various private equity fund investments including Raymond James Employee Investment Funds I and II (collectively, the “Private Funds”). See Note 11 for further discussion of the consolidation of the Raymond James Employee Investment Funds I and II which are variable interest entities. These Private Funds invest in new and developing companies. Our investments in these Private Funds cannot be redeemed directly with the funds; our investment is monetized through distributions received through the liquidation of the underlying assets of those funds. We estimate that the underlying assets of these funds will be liquidated over the life of these funds (typically 10 to 15 years). Approval by the management of these funds is required for us to sell or transfer these investments. Merchant banking investments include ownership interests in private companies with long-term growth potential. These investments are measured at fair value with any changes recognized in other revenue on our Consolidated Statements of Income and Comprehensive Income.
	The valuation of these investments requires significant management judgment due to the absence of quoted market prices, inherent lack of liquidity and long-term nature of these assets. As a result, these values cannot be determined with precision and the calculated fair value estimates may not be realizable in a current sale or immediate settlement of the instrument.
	Private equity investments are carried at estimated fair value. They are valued initially at the transaction price until significant transactions or developments indicate that a change in the carrying values of these investments is appropriate. The carrying values of these investments are adjusted based on financial performance, investment-specific events, financing and sales transactions with third parties and/or discounted cash flow models incorporating changes in market outlook. Investments in funds structured as limited partnerships are generally valued based on our proportionate share of the net assets of the partnership as provided by the fund manager. Investments valued using these valuation techniques are classified within Level 3 of the fair value hierarchy.
	Other investments
	Other investments consist primarily of marketable securities we hold that are associated with a deferred compensation program which was formerly sponsored by MK & Co., term deposits with Canadian financial institutions, or investments in other securities arising from the operations of RJ Ltd., and certain investments in limited partnerships (or funds) for which in a number of instances, one of our affiliates serves as the managing member or general partner (see Note 11 for information regarding such funds).
	Certain employees, who were at one-time associated with MK & Co., participate in deferred compensation plans. The balances associated with these plans are invested in certain marketable securities that are held by RJF until the vesting date, typically five years from the date of the deferral. A liability associated with these deferrals is reflected as a component of our accrued compensation, commissions and benefits on our Consolidated Statements of Financial Condition. We use quoted prices in active markets to determine the fair value of these investments. Such instruments are classified within Level 1 of the fair value hierarchy.
	Canadian financial institution term deposits are recorded at cost which approximates market value. These investments are classified within Level 1 of the fair value hierarchy. Certain other investments in financial instruments held by RJ Ltd. include non-agency ABS that have little, if any, market activity and are measured using our best estimate of fair value, where the inputs into the determination of fair value are both significant to the fair value measurement and unobservable. These valuations require significant judgment or estimation and are classified within Level 3 of the fair value hierarchy.
	The valuation of the investments in limited partnerships and funds requires significant management judgment due to the absence of quoted market prices, inherent lack of liquidity and long-term nature of these assets. As a result, these values cannot be determined with precision and the calculated fair value estimates may not be realizable in a current sale or immediate settlement of the instrument. Such instruments are classified within Level 3 of the fair value hierarchy.
Trading instruments and trading instruments sold but not yet purchased	'
	Trading instruments and trading instruments sold but not yet purchased
	Trading instruments are comprised primarily of the financial instruments held by our broker-dealer subsidiaries. These instruments are recorded at fair value with realized and unrealized gains and losses reflected in current period net income.
	When available, we use quoted prices in active markets to determine the fair value of our trading securities. Such instruments are classified within Level 1 of the fair value hierarchy. Examples include exchange traded equity securities and liquid government debt securities.
	When instruments are traded in secondary markets and quoted market prices do not exist for such securities, we utilize valuation techniques including matrix pricing to estimate fair value. Matrix pricing generally utilizes spread-based models periodically re-calibrated to observable inputs such as market trades or to dealer price bids in similar securities in order to derive the fair value of the instruments. Valuation techniques may also rely on other observable inputs such as yield curves, interest rates and expected principal repayments and default probabilities. Instruments valued using these inputs are typically classified within Level 2 of the fair value hierarchy. Examples include certain municipal debt securities, corporate debt securities, agency MBS, and restricted equity securities in public companies. We utilize prices from independent services to corroborate our estimate of fair value. Depending upon the type of security, the pricing service may provide a listed price, a matrix price or use other methods including broker-dealer price quotations.
	The fair value for SBA loan securitizations is determined by utilizing observable prices obtained from a third party pricing service. The third party pricing service provides comparable price evaluations utilizing observable market data for similar securities. We substantiate the prices obtained from the third party pricing service by comparing such prices for a sample of securities to observable market trades obtained from external sources. The instruments valued using these observable inputs are typically classified within Level 2 of the fair value hierarchy.
	RJ Bank maintains a trading portfolio of certain corporate loans, that it originates through the primary syndication market. These trading instruments are recognized as of the trade date and are carried at fair value with the related unrealized and realized gains and losses reflected in net trading profit. These trading instruments are valued using quotes from a third party pricing service. These third party pricing service quotes are based on current market data provided by multiple dealers. The instruments are classified within Level 2 of the fair value hierarchy as the market inputs utilized by the third party pricing service are based upon observable inputs.
	Positions in illiquid securities that do not have readily determinable fair values require significant judgment or estimation. For these securities we use pricing models, discounted cash flow methodologies or similar techniques. Assumptions utilized by these techniques include estimates of future delinquencies, loss severities, defaults and prepayments or redemptions. Securities valued using these techniques are classified within Level 3 of the fair value hierarchy. For certain CMOs, where there has been limited activity or less transparency around significant inputs to the valuation, such as assumptions regarding performance of the underlying mortgages, these securities are currently classified within Level 3 of the fair value hierarchy.
	I/O Strip securities do not trade in an active market with readily observable prices.  Accordingly, we use valuation techniques that consider a number of factors including:  (a) the original cost of the pooled underlying SBA loans from which the I/O Strip securities were created, and any changes from the original to the hypothetical cost of buying similar loans under current market conditions; (b) seasoning of the underlying SBA loans in the pool that back the I/O strip securities; (c)  the type and nature of the pooled SBA loans backing the I/O Strip securities; (d) actual and assumed prepayment rates on the underlying pools of SBA loans; and (e) market data for past trades in comparable I/O Strip securities.  Prices from independent sources are used to corroborate our estimates of fair value.  Our I/O Strip securities are recorded in “other securities” within our trading instruments on our Consolidated Statements of Financial Condition.  These fair value measurements use significant unobservable inputs and accordingly, we classify them as Level 3 of the fair value hierarchy.
	Included within trading instruments (or trading instruments sold but not yet purchased) are to be announced (“TBA”) security contracts with investors for generic MBS securities at specific rates and prices to be delivered on settlement dates in the future. These TBA’s are entered into by RJ&A as a component of a hedging strategy, to hedge interest rate risk that it would otherwise be exposed to as part of a program its fixed income public finance operations offers to certain state and local housing finance agencies (“HFA”). Under this program, RJ&A enters into forward commitments to purchase Government National Mortgage Association (“GNMA”) or Federal National Home Mortgage Association (“FNMA”) MBS.  The MBS securities are issued on behalf of various HFA clients and consist of the mortgages originated through their lending programs.  RJ&A’s forward GNMA or FNMA MBS purchase commitments arise at the time of the loan reservation for a borrower in the HFA lending program (these loan reservations fix the terms of the mortgage, including the interest rate and maximum principal amount).  The underlying terms of the GNMA or FNMA MBS purchase, including the price for the MBS security (which is dependent upon the interest rates associated with the underlying mortgages) are also fixed at loan reservation.  Upon acquisition of the MBS security, RJ&A typically sells such security in open market transactions as part of its fixed income operations.  Given that the actual principal amount of the MBS security is not fixed and determinable at the date of RJ&A’s commitment to purchase, these forward MBS purchase commitments do not meet the definition of a “derivative instrument.” These TBA securities are accounted for at fair value and are classified within Level 1 of the fair value hierarchy.  The TBA securities may aggregate to either a net asset or net liability at any reporting date, depending upon market conditions. The offsetting purchase commitment is accounted for at fair value and is included in either other assets, or other liabilities, depending upon whether the TBA securities aggregate to a net asset or net liability. The fair value of the purchase commitment is classified within Level 3 of the fair value hierarchy.
Available for sale securities	'
	Available for sale securities
	Available for sale securities are comprised primarily of MBS, CMOs and other equity securities held predominately by RJ Bank (the “RJ Bank AFS Securities”) and ARS held by a non-broker-dealer subsidiary of RJF (collectively referred to as the “RJF AFS Securities”).
	Interest on the RJF AFS Securities is recognized in interest income on an accrual basis. For the RJ Bank AFS Securities, discounts are accreted and premiums are amortized as an adjustment to yield over the estimated remaining life of the security. A combination of the level factor and straight-line methods is used for such securities, the effect of which does not differ materially from the effective interest method. When a principal reduction occurs on a RJ Bank AFS Security, any related premium or discount is recognized as an adjustment to yield in the results of operations in the period in which the principal reduction occurs.
	Realized gains and losses on sales of any RJF AFS Securities are recognized using the specific identification method and reflected in other revenue in the period they are sold.
	Unrealized gains or losses on any RJF AFS Securities, except for those that are deemed to be other-than-temporary, are recorded through other comprehensive (loss) income and are thereafter presented in equity as a component of AOCI.
	For any RJF AFS Securities in an unrealized loss position at a reporting period end, we make an assessment whether such securities are impaired on an other-than-temporary basis. In order to evaluate our risk exposure and any potential impairment of these securities, on at least a quarterly basis, we review the characteristics of each security owned such as, where applicable, collateral type, delinquency and foreclosure levels, credit enhancement, projected loan losses, collateral coverage, the presence of U.S. government or government agency guarantees, and issuer credit rating. The following factors are considered in order to determine whether an impairment is other-than-temporary: our intention to sell the security, our assessment of whether it is more likely than not that we will be required to sell the security before the recovery of its amortized cost basis, and whether the evidence indicating that we will recover the amortized cost basis of a security in full outweighs evidence to the contrary. Evidence considered in this assessment includes the reasons for the impairment, the severity and duration of the impairment, changes in value subsequent to period end, recent events specific to the issuer or industry and forecasted performance of the security.
	We intend and have the ability to hold the RJF AFS Securities to maturity. We have concluded that it is not more likely than not that we will be required to sell these available for sale securities before the recovery of their amortized cost basis. Those securities whose amortized cost basis we do not expect to recover in full are deemed to be other-than-temporarily impaired and are written down to fair value with the credit loss portion of the write-down recorded as a realized loss in other revenue and the non-credit portion of the write-down recorded, net of deferred taxes, in shareholders’ equity as a component of AOCI. The credit loss portion of the write-down is the difference between the present value of the cash flows expected to be collected and the amortized cost basis of the security.
	For any RJF AFS Securities, we estimate the portion of loss attributable to credit using a discounted cash flow model. For RJ Bank AFS Securities, our discounted cash flow model utilizes relevant assumptions such as prepayment rate, default rate, and loss severity on a loan level basis. These assumptions are subject to change depending on a number of factors such as economic conditions, changes in home prices, delinquency and foreclosure statistics, among others. Events that may trigger material declines in fair values or additional credit losses for these securities in the future would include, but are not limited to, deterioration of credit metrics, significantly higher levels of default and severity of loss on the underlying collateral, deteriorating credit enhancement and loss coverage ratios, or further illiquidity. Expected principal and interest cash flows on the impaired debt security are discounted using the effective interest rate implicit in the security at the time of acquisition. The previous amortized cost basis of the security less the other-than-temporary impairment (“OTTI”) recognized in earnings establishes the new cost basis for the security.
	The fair value of agency and senior non-agency securities included within the RJ Bank AFS Securities is determined by obtaining third party pricing service bid quotations from two independent pricing services. Third party pricing service bid quotations are based on either current market data, or for any securities traded in markets where the trading activity has slowed such as the CMO market, the most recently available market data. The third party pricing services provide comparable price evaluations utilizing available market data for similar securities. The market data the third party pricing services utilize for these price evaluations includes observable data comprised of benchmark yields, reported trades, broker-dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data including market research publications, and loan performance experience. In order to validate that the pricing information used by the primary third party pricing service is observable, we request, on a quarterly basis, some of the key market data available for a sample of senior securities and compare this data to that which we observed in our independent accumulation of market information. Securities valued using these valuation techniques are classified within Level 2 of the fair value hierarchy.
	For senior non-agency securities within the RJ Bank AFS Securities where a significant difference exists between the primary third party pricing service bid quotation and the secondary third party pricing service, we utilize a discounted cash flow analysis to determine which third party price quote is more representative of fair value under the current market conditions. Securities measured using these valuation techniques are generally classified within Level 2 of the fair value hierarchy.
	ARS are long-term variable rate securities tied to short-term interest rates that were intended to be reset through a “Dutch auction” process, which generally occurs every seven to 35 days. Holders of ARS were at one time able to liquidate their holdings to prospective buyers by participating in the auctions. During 2008, the Dutch auction process failed and holders were no longer able to liquidate their holdings through the auction process. The fair value of the ARS holdings is estimated based on internal pricing models. The pricing model takes into consideration the characteristics of the underlying securities, as well as multiple inputs including the issuer and its credit quality, data from any recent trades, the expected timing of redemptions and an estimated yield premium that a market participant would require over otherwise comparable securities to compensate for the illiquidity of the ARS. These inputs require significant management judgment and accordingly, these securities are classified within Level 3 of the fair value hierarchy.
Derivative contracts	'
	Derivative contracts
	We enter into interest rate swaps and futures contracts either as part of our fixed income business to facilitate client transactions, to hedge a portion of our trading inventory, or to a limited extent for our own account. These derivatives are accounted for as trading account assets or liabilities and recorded at fair value in the Consolidated Statements of Financial Condition. Any realized or unrealized gains or losses are recorded in net trading profits within the Consolidated Statements of Income and Comprehensive Income with any interest earned thereon recorded in interest income. The fair value of any cash collateral exchanged as part of the interest rate swap contract is netted, by-counterparty, against the fair value of the derivative instrument. The fair value of these interest rate derivative contracts is obtained from internal pricing models that consider current market trading levels and the contractual prices for the underlying financial instruments, as well as time value, yield curve and other volatility factors underlying the positions. Since our model inputs can be observed in a liquid market and the models do not require significant judgment, such derivative contracts are classified within Level 2 of the fair value hierarchy. We utilize values obtained from third party derivatives dealers to corroborate the output of our internal pricing models.
	We also facilitate matched book derivative transactions through non-broker-dealer subsidiaries, either Raymond James Financial Products, LLC or Morgan Keegan Capital Services, LLC (collectively referred to as the Raymond James matched book swap subsidiaries or “RJSS”). The only difference in the swap businesses conducted by these two subsidiary entities is that they utilize different third party financial institutions to facilitate the offsetting transaction. RJSS enters into derivative transactions (primarily interest rate swaps) with clients of RJ&A. For every derivative transaction RJSS enters into with a client, it enters into an offsetting transaction with terms that mirror the client transaction, with a credit support provider who is a third party financial institution. Any collateral required to be exchanged under these derivative contracts is administered directly by the client and the third party financial institution. RJSS does not hold any collateral, or administer any collateral transactions, related to these instruments. We record the value of each derivative position held at fair value, as either an asset or an offsetting liability, presented as “derivative instruments associated with offsetting matched book positions”, as applicable, on our Consolidated Statements of Financial Condition. Fair value is determined using an internal model which includes inputs from independent pricing sources to project future cash flows under each underlying derivative contract. The cash flows are discounted to determine the present value. Since any changes in fair value are completely offset by an opposite change in the offsetting transaction position, there is no net impact on our Consolidated Statements of Income and Comprehensive Income from changes in the fair value of these derivative instruments. RJSS recognizes revenue on derivative transactions on the transaction date, computed as the present value of the expected cash flows RJSS expects to receive from the third party financial institution over the life of the derivative contract. The difference between the present value of these cash flows at the date of inception and the gross amount potentially received is accreted to revenue over the term of the contract. The revenue from these transactions is included within other revenues on our Consolidated Statements of Income and Comprehensive Income.
	RJ Bank enters into three-month forward foreign exchange contracts to hedge the risk related to their investment in their Canadian subsidiary. These derivatives are recorded at fair value on the Consolidated Statements of Financial Condition, the majority of which are designated as net investment hedges. The effective portion of the related gain or loss is recorded, net of tax, in shareholders’ equity as part of the cumulative translation adjustment component of AOCI with such balance impacting earnings in the event the net investment is sold or substantially liquidated.  Gains and losses on the undesignated derivative instruments as well as amounts representing hedge ineffectiveness are recorded in earnings in the Consolidated Statements of Income and Comprehensive Income.  Hedge effectiveness is assessed at each reporting period using a method that is based on changes in forward rates. The measurement of hedge ineffectiveness is based on the beginning balance of the foreign net investment at the inception of the hedging relationship and performed using the hypothetical derivative method.  However, as the terms of the hedging instrument and hypothetical derivative match at inception, there is no expected ineffectiveness to be recorded in earnings.  The fair value of any cash collateral exchanged as part of the forward exchange contracts is netted, by counterparty, against the fair value of the derivative instrument.
	The fair value of RJ Bank’s forward foreign exchange contracts is determined by obtaining valuations from a third party pricing service. These third party valuations are based on observable inputs such as spot rates, foreign exchange rates and both U.S. and Canadian interest rate curves. We validate the observable inputs utilized in the third party valuation model by preparing an independent calculation using a secondary, third party valuation model. These forward foreign exchange contracts are classified within Level 2 of the fair value hierarchy.
Private equity investments	'
	Private equity investments
	Private equity investments are held primarily in our Other segment and consist of various direct and third party private equity and merchant banking investments, employee investment funds, and various private equity funds which we sponsor.  Private equity investments include various private equity fund investments including Raymond James Employee Investment Funds I and II (collectively, the “Private Funds”). See Note 11 for further discussion of the consolidation of the Raymond James Employee Investment Funds I and II which are variable interest entities. These Private Funds invest in new and developing companies. Our investments in these Private Funds cannot be redeemed directly with the funds; our investment is monetized through distributions received through the liquidation of the underlying assets of those funds. We estimate that the underlying assets of these funds will be liquidated over the life of these funds (typically 10 to 15 years). Approval by the management of these funds is required for us to sell or transfer these investments. Merchant banking investments include ownership interests in private companies with long-term growth potential. These investments are measured at fair value with any changes recognized in other revenue on our Consolidated Statements of Income and Comprehensive Income.
	The valuation of these investments requires significant management judgment due to the absence of quoted market prices, inherent lack of liquidity and long-term nature of these assets. As a result, these values cannot be determined with precision and the calculated fair value estimates may not be realizable in a current sale or immediate settlement of the instrument.
	Private equity investments are carried at estimated fair value. They are valued initially at the transaction price until significant transactions or developments indicate that a change in the carrying values of these investments is appropriate. The carrying values of these investments are adjusted based on financial performance, investment-specific events, financing and sales transactions with third parties and/or discounted cash flow models incorporating changes in market outlook. Investments in funds structured as limited partnerships are generally valued based on our proportionate share of the net assets of the partnership as provided by the fund manager. Investments valued using these valuation techniques are classified within Level 3 of the fair value hierarchy.
Other investments	'
	Other investments
	Other investments consist primarily of marketable securities we hold that are associated with a deferred compensation program which was formerly sponsored by MK & Co., term deposits with Canadian financial institutions, or investments in other securities arising from the operations of RJ Ltd., and certain investments in limited partnerships (or funds) for which in a number of instances, one of our affiliates serves as the managing member or general partner (see Note 11 for information regarding such funds).
	Certain employees, who were at one-time associated with MK & Co., participate in deferred compensation plans. The balances associated with these plans are invested in certain marketable securities that are held by RJF until the vesting date, typically five years from the date of the deferral. A liability associated with these deferrals is reflected as a component of our accrued compensation, commissions and benefits on our Consolidated Statements of Financial Condition. We use quoted prices in active markets to determine the fair value of these investments. Such instruments are classified within Level 1 of the fair value hierarchy.
	Canadian financial institution term deposits are recorded at cost which approximates market value. These investments are classified within Level 1 of the fair value hierarchy. Certain other investments in financial instruments held by RJ Ltd. include non-agency ABS that have little, if any, market activity and are measured using our best estimate of fair value, where the inputs into the determination of fair value are both significant to the fair value measurement and unobservable. These valuations require significant judgment or estimation and are classified within Level 3 of the fair value hierarchy.
	The valuation of the investments in limited partnerships and funds requires significant management judgment due to the absence of quoted market prices, inherent lack of liquidity and long-term nature of these assets. As a result, these values cannot be determined with precision and the calculated fair value estimates may not be realizable in a current sale or immediate settlement of the instrument. Such instruments are classified within Level 3 of the fair value hierarchy.
Brokerage client receivables, loans to financial advisors and allowance for doubtful accounts	'
	Brokerage client receivables, loans to financial advisors and allowance for doubtful accounts
	Brokerage client receivables include receivables from the clients of our broker-dealer and asset management subsidiaries. The receivables from broker-dealer clients are principally for amounts due on cash and margin transactions and are generally collateralized by securities owned by the clients. The receivables from asset management clients are primarily for accrued investment advisory fees. Both the receivables from the asset management and broker-dealer clients are reported at their outstanding principal balance, adjusted for any allowance for doubtful accounts. When a broker-dealer receivable is considered to be impaired, the amount of the impairment is generally measured based on the fair value of the securities acting as collateral, which is measured based on current prices from independent sources such as listed market prices or broker-dealer price quotations. Securities beneficially owned by customers, including those that collateralize margin or other similar transactions, are not reflected in our Consolidated Statements of Financial Condition (see Note 19 for additional information regarding this collateral).
	We offer loans to financial advisors and certain key revenue producers, primarily for recruiting and retention purposes. These loans are generally repaid over a five to eight year period with interest recognized as earned. There is no fee income associated with these loans. We assess future recoverability of these loans through analysis of individual financial advisor production or other performance standards. In the event that the financial advisor is no longer affiliated with us, any unpaid balance of such loan becomes immediately due and payable to us. In determining the allowance for doubtful accounts related to former employees or independent contractors, management primarily considers our historical collection experience as well as other factors including: any amounts due at termination, the reasons for the terminated relationship, and the former financial advisor’s overall financial position. When the review of these factors indicates that further collection activity is highly unlikely, the outstanding balance of such loan is written-off and the corresponding allowance is reduced. Based upon the nature of these financing receivables, we do not analyze this asset on a portfolio segment or class basis. Further, the aging of this receivable balance is not a determinative factor in computing our allowance for doubtful accounts, as concerns regarding the recoverability of these loans primarily arise in the event that the financial advisor is no longer affiliated with us. We present the outstanding balance of loans to financial advisors on our Consolidated Statements of Financial Condition, net of their applicable allowances for doubtful accounts. The allowance for doubtful accounts balance associated with all of our loans to financial advisors is $2.5 million and $2.8 million at September 30, 2014 and 2013, respectively. Of the September 30, 2014 loans to financial advisors, the portion of the balance associated with financial advisors who are no longer affiliated with us, after consideration of the allowance for doubtful accounts, is approximately $4.6 million.
Securities borrowed and securities loaned	'
	Securities borrowed and securities loaned
	Securities borrowed and securities loaned transactions are reported as collateralized financings and recorded at the amount of collateral advanced or received. In securities borrowed transactions, we are generally required to deposit cash with the lender. With respect to securities loaned, we generally receive collateral in the form of cash in an amount in excess of the market value of securities loaned. We monitor the market value of securities borrowed and loaned on a daily basis, with additional collateral obtained or refunded as necessary (see Note 19 for additional information regarding this collateral).
	.
Bank loans and allowances for losses	'
	Bank loans and allowances for losses
	Loans held for investment
	Bank loans are comprised of loans originated or purchased by RJ Bank and include commercial and industrial (“C&I”) loans, commercial and residential real estate loans, tax-exempt loans, as well as loans which are fully collateralized by the borrower’s marketable securities. The loans which we have the intent and the ability to hold until maturity or payoff, are recorded at their unpaid principal balance plus any premium paid in connection with the purchase of the loan, less the allowance for loan losses and any discounts received in connection with the purchase of the loan and net of deferred fees and costs on originated loans. Syndicated loans purchased in the secondary market are recognized as of the trade date. Interest income is recognized on an accrual basis.
	Loan origination fees and direct costs, as well as premiums and discounts on loans that are not revolving, are capitalized and recognized in interest income using the interest method. For revolving loans, the straight-line method is used based on the contractual term. Loan commitment fees are generally deferred, and when exercised, recognized as a yield adjustment over the life of the loan.
	RJ Bank segregates its loan portfolio into six portfolio segments, C&I, commercial real estate (“CRE”), CRE construction, tax-exempt, residential mortgage and securities based loans (“SBL”). These portfolio segments also serve as the portfolio loan classes for purposes of credit analysis, except for residential mortgage loans which are further disaggregated into residential first mortgage and residential home equity classes.
	Loans held for sale
	Certain residential mortgage loans originated and intended for sale in the secondary market due to their fixed-rate terms are carried at the lower of cost or estimated fair value. The fair value of the residential mortgage loans held for sale are estimated using observable prices obtained from counterparties for similar loans. These nonrecurring fair value measurements are classified within Level 2 of the fair value hierarchy. Gains and losses on sales of these assets are included as a component of other revenue, while interest collected on these assets is included in interest income. Net unrealized losses are recognized through a valuation allowance by charges to income as a component of other revenue in the Consolidated Statements of Income and Comprehensive Income. Corporate loans, which include C&I, CRE, CRE construction and tax-exempt, are designated as held for investment upon inception and recognized in loans receivable. If we subsequently designate a corporate loan as held for sale, which generally occurs as part of a loan workout situation, we then write down the carrying value of the loan with a partial charge-off, if necessary, to carry it at the lower of cost or estimated fair value.
	RJ Bank purchases the guaranteed portions of SBA section 7(a) loans and accounts for these loans in accordance with the policy for loans held for sale. RJ Bank then aggregates SBA loans with similar characteristics into pools for securitization and sale to the secondary market. Individual loans may be sold prior to securitization. The determination of the fair value of the SBA loans depend upon their intended disposition. The fair value of the SBA loans to be individually sold are determined based upon their committed sales price. The fair value of loans to be aggregated into pools for securitization which are committed to be sold, are determined based upon third party price quotes. The fair value of all other SBA loans are determined using a third party pricing service. The prices for the SBA loans, other than those committed to be individually sold, are validated by comparing the third party price quote or the third party pricing service prices, as applicable, for a sample of loans to observable market trades obtained from external sources. Once the loans are securitized into a pool, the respective securities are classified as trading instruments and are carried at fair value based on RJ Bank’s intention to sell the securitizations within the near term. Any changes in the fair value of the securitized pools as well as any realized gains or losses earned thereon are reflected in net trading profits. Transfers of the securitizations are all accounted for as sales at settlement date when RJ Bank has surrendered control over the transferred assets. RJ Bank does not retain any interest in the securitizations once they are sold.
	Off-balance sheet loan commitments
	RJ Bank has outstanding at any time a significant number of commitments to extend credit and other credit-related off-balance sheet financial instruments such as standby letters of credit and loan purchases. RJ Bank’s policy is generally to require customers to provide collateral at the time of closing. The amount of collateral obtained, if it is deemed necessary by RJ Bank upon extension of credit, is based on RJ Bank’s credit evaluation of the borrower. Collateral held varies but may include assets such as: marketable securities, accounts receivable, inventory, real estate, and income-producing commercial properties. The potential credit loss associated with these off-balance sheet loan commitments is accrued and reflected in other liabilities within the Consolidated Statements of Financial Condition. Refer to the allowance for loan losses and reserve for unfunded lending commitments section that follows for a discussion of the reserve calculation methodology.
	RJ Bank recognizes the revenue associated with corporate syndicated standby letters of credit, which is generally received quarterly, on a cash basis, the effect of which does not differ materially from recognizing in the period the fee is earned. Unused corporate line fees are accounted for on an accrual basis.
	Nonperforming assets
	Nonperforming assets are comprised of both nonperforming loans and OREO. Nonperforming loans represent those loans which have been placed on nonaccrual status and loans which have been restructured in a manner that grant a concession to a borrower experiencing financial difficulties; loans with such restructurings are discussed further below. Additionally, any accruing loans which are 90 days or more past due and in the process of collection are considered nonperforming loans.
	Loans of all classes are placed on nonaccrual status when we determine that full payment of all contractual principal and interest is in doubt, or the loan is past due 90 days or more as to contractual interest or principal unless the loan, in our opinion, is well-secured and in the process of collection. When a loan is placed on nonaccrual status, the accrued and unpaid interest receivable is written off against interest income and accretion of the net deferred loan origination fees cease. Interest is recognized using the cash method for SBL and residential (first mortgage and home equity) loans and the cost recovery method for corporate loans thereafter until the loan qualifies for return to accrual status. Loans are returned to an accrual status when the loans have been brought contractually current with the original or amended terms and have been maintained on a current basis for a reasonable period, generally six months.
	Other real estate acquired in the settlement of loans, including through, or in lieu of, loan foreclosure, is initially recorded at the lower of cost or fair value less estimated selling costs through a charge to the allowance for loan losses, thus establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by RJ Bank and the assets are carried at the lower of the carrying amount or fair value, as determined by a current appraisal, or valuation less estimated costs to sell and are classified as other assets on the Consolidated Statements of Financial Condition. These nonrecurring fair value measurements are classified within Level 2 of the fair value hierarchy. Costs relating to development and improvement of the property are capitalized, whereas those relating to holding the property are charged to operations. Sales of OREO are recorded as of the settlement date and any associated gains or losses are included in other revenue on our Consolidated Statements of Income and Comprehensive Income.
	Troubled debt restructurings
	A loan restructuring is deemed to be a troubled debt restructuring (“TDR”) if we, for economic or legal reasons related to the borrowers’ financial difficulties, grant a concession we would not otherwise consider. In TDRs, for all classes of loans, the concessions granted, such as interest rate reductions, generally do not reflect current market conditions for a new loan of similar risk made to another borrower in similar financial circumstances. Other concessions for corporate loans may also include the reduction of the guarantor’s liability. For those restructurings of first mortgage and home equity residential mortgage loans which may reflect current market conditions, the concessions granted by RJ Bank are generally interest capitalization, principal forbearance, release of liability ordered under Chapter 7 bankruptcy not reaffirmed by the borrower, or an extension of the interest-only or maturity period. First mortgage and home equity residential mortgage TDRs may be returned to accrual status when there has been a sustained period of six months of satisfactory performance. Corporate TDRs have generally been partially charged-off and, therefore, remain on nonaccrual status until the loan is fully resolved.
	Impaired loans
	Loans in all classes are considered to be impaired when, based on current information and events, it is probable that RJ Bank will be unable to collect the scheduled payments of principal and interest on a loan when due according to the contractual terms of the loan agreement. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. RJ Bank determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. For individual loans identified as impaired, impairment is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate and taking into consideration the factors described below in relation to the evaluation of the allowance for loan losses, except that as a practical expedient, RJ Bank measures impairment based on the loan’s observable market price, or the fair value of the collateral if the loan is collateral dependent. Impaired loans include all corporate nonaccrual loans, all residential mortgage nonaccrual loans for which a charge-off had previously been recorded, and all loans which have been modified in TDRs. Interest income on impaired loans is recognized consistently with the recognition policy of nonaccrual loans.
	Allowance for loan losses and reserve for unfunded lending commitments
	RJ Bank maintains an allowance for loan losses to provide for probable losses inherent in RJ Bank’s loan portfolio. Loan losses are charged against the allowance when RJ Bank believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance.
	RJ Bank has developed policies and procedures for assessing the adequacy of the allowance for loan losses that reflects the assessment of risk considering all available information. In developing this assessment, RJ Bank relies on estimates and exercises judgment in evaluating credit risk. The evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. Depending on changes in circumstances, future assessments of credit risk may yield materially different results from the prior estimates, which may require an increase or a decrease in the allowance for loan losses.
	This allowance for loan loss is comprised of two components: allowances calculated based on formulas for homogenous classes of loans collectively evaluated for impairment, and specific allowances assigned to certain classified loans individually evaluated for impairment. These homogeneous classes are a result of management’s disaggregation of the loan portfolio and are comprised of the previously mentioned classes: C&I, CRE, CRE construction, tax-exempt, residential first mortgage, residential home equity, and SBL.
	The loans within the corporate classes are assigned to one of several internal loan grades based upon the respective loan’s credit characteristics. The loans within the residential first mortgage, residential home equity, and SBL classes are assigned loan grades equivalent to the loan classifications utilized by bank regulators, dependent on their respective likelihood of loss. We assign each loan grade for all loan classes an allowance percentage based on the perceived risk associated with that grade. The allowance for loan losses for all non-impaired loans is then calculated based on the reserve percentage assigned to the respective loan’s class and grade. The allowance for loan losses for all impaired loans (except those nonaccrual residential first mortgage loans which are collectively evaluated for impairment) is based on an individual evaluation of impairment as previously described in the “Impaired loans” section above.
	The qualitative and quantitative factors taken into consideration when assigning the loan grades and allowance percentages to the loans within the corporate loan classes include: estimates of borrower default probabilities and collateral values; trends in delinquencies; volume and terms; changes in geographic distribution, updated loan-to-value (“LTV”) ratios, lending policies, experience, ability and depth of lending management and other relevant staff, local, regional, national and international economic conditions; concentrations of credit risk; past loss history, Shared National Credit (“SNC”) reviews and examination results from bank regulators. Loan grades for individual corporate loans are derived from analyzing two aspects of the risk factors in a particular loan, the obligor rating and the facility (collateral) rating. The obligor rating relates to a borrower’s probability of default and the facility rating is utilized to estimate the anticipated loss given default. These two ratings, which are based on RJ Bank’s internal historical loss data or historical long-term industry loss rates where RJ Bank has limited loss history, are considered in combination with certain management adjustments to derive the final corporate loan grades and allowance percentages. Qualitative factors, while considered and reviewed in establishing the allowance for loan losses, have generally not resulted in any significant quantitative adjustments to allowance percentages.
	For SBL, residential first mortgage loan and residential home equity loan classes, the qualitative factors considered when assigning allowance percentages include loan performance trends, loan product parameters and qualification requirements, whether the loan is originated or purchased, borrower credit scores at origination, occupancy (i.e., owner occupied, second home or investment property), documentation level, loan purpose, geographic concentrations, average loan size and loan policy exceptions. These qualitative factors, while considered and reviewed in establishing the allowance for loan losses, have generally not resulted in any quantitative adjustments to RJ Bank’s historical loss rates.
	Historical loss rates, a quantitative factor, is utilized when assigning the allowance percentages for SBL, residential first mortgage loans and residential home equity loans, and are derived from estimates of the probability of default and loss given default (severity). These estimated loss rates are based on RJ Bank’s historical loss data, as adjusted by management, from the eight quarters prior to the respective quarter-end. In addition to historical loss rates, one other quantitative factor utilized for the performing residential mortgage loan portfolio is updated LTV ratios. RJ Bank segregates the performing loans in the residential loan classes, on a quarterly basis, based upon updated LTV data. RJ Bank obtains the most recently available information (generally on a quarter-lag) to estimate the current LTV ratios on the individual loans in the residential mortgage loan portfolio. Current LTVs are estimated, on a loan by loan basis, utilizing the initial appraisal obtained at the time of origination, adjusted for housing price changes that have occurred since origination using current valuation indices. The value of the homes could vary from actual market values due to changes in the condition of the underlying property, variations in housing price changes within current valuation indices and other factors. The product of the default and loss severity percentages is then applied to the balance of residential first mortgages and residential home equity loan balances, which have been further stratified by updated LTV in order to calculate the related allowance for loan losses.
	As TDRs, regardless of the loan portfolio segment or accrual status, are impaired loans, RJ Bank evaluates its credit risk on an individual loan basis. The amount of impairment recorded on these loans is measured based on the present value of the expected future cash flows discounted at the loan’s effective interest rate, or if collateral dependent, based on the fair value of the collateral, less costs to sell. In addition, all redefaults (60 or more days delinquent subsequent to the loan’s modification date) on TDRs are factored into each portfolio segments’ allowance for loan losses. Qualitative information, such as geographic area and industry for TDRs and redefaulted TDRs, is considered and reviewed in the determination of expected loss rates as discussed above.
	RJ Bank reserves for potential losses inherent in its unfunded lending commitments using a methodology similar to that used for loans in the respective portfolio segment, based upon loan grade and expected funding probabilities for fully binding commitments. This will result in some reserve variability over different periods depending upon the mix of the loan portfolio at the time and future funding expectations. All classes of impaired loans which have unfunded lending commitments are analyzed in conjunction with the impaired reserve process described above.
	Loan charge-off policies
	Corporate loans are monitored on an individual basis, and loan grades are reviewed at least quarterly to ensure they reflect the loan’s current credit risk. When RJ Bank determines that it is likely a corporate loan will not be collected in full, the loan is evaluated for potential impairment. After consideration of the borrower’s ability to restructure the loan, alternative sources of repayment, and other factors affecting the borrower’s ability to repay the debt, the portion of the loan deemed to be a confirmed loss, if any, is charged-off. For collateral-dependent loans secured by real estate, the amount of the loan considered a confirmed loss and charged-off is generally equal to the difference between the recorded investment in the loan and the collateral’s appraised value less estimated costs to sell. In instances where the individual loan under evaluation is agented by another bank, and where the agent bank has not ordered a timely update of an outdated appraisal, RJ Bank may make adjustments to previous appraised values for purposes of calculating specific reserves or taking partial charge-offs. These impaired loans are then considered to be in a workout status and we evaluate, on an ongoing basis, all factors relevant in determining the collectability and fair value of the loan. Appraisals on these impaired loans are obtained early in the impairment process as part of determining fair value and are updated as deemed necessary given the facts and circumstances of each individual situation. Certain factors such as guarantor recourse, additional borrower cash contributions or stable operations will mitigate the need for more frequent than annual appraisals. In its ongoing evaluation of each individual loan, RJ Bank may consider more frequent appraisals in locations where commercial property values are known to be experiencing a greater amount of volatility. For C&I and tax-exempt loans, RJ Bank evaluates all sources of repayment, including the estimated liquidation value of collateral, to arrive at the amount considered to be a loss and charged-off. Corporate banking and credit risk managers also hold a monthly meeting to review criticized loans (loans that are rated special mention or worse as defined by bank regulators, see Note 9 for further discussion). Additional charge-offs are taken when the value of the collateral changes or there is an adverse change in the expected cash flows.
	The majority of RJ Bank’s corporate loan portfolio is comprised of participations in either SNCs or other large syndicated loans in the U.S. or Canada. The SNCs are U.S. loan syndications totaling over $20 million that are shared between three or more regulated institutions. Most SNC loans are reviewed annually by the agent bank’s regulator, a process in which the other participating banks have no involvement. Once the SNC annual regulatory review process is complete, RJ Bank receives a summary of the review of these SNC credits from the Office of the Comptroller of the Currency (“OCC”). This summary includes a synopsis of each loan’s regulatory classification, loans that are designated for nonaccrual status and directed charge-offs. RJ Bank must be at least as critical with nonaccrual designations, directed charge-offs, and classifications as the OCC. This ensures that each bank participating in a SNC loan rates the loan at least as critical. Any classification changes may impact RJ Bank’s reserves and charge-offs during the quarter that the SNC information is received from the OCC, however, these differences in classifications are generally minimal given the size of the SNC loan portfolio. The amount of such adjustments depend upon the classification and whether RJ Bank had the loan classified differently (either more or less critically) than the SNC review findings and, therefore, could result in higher, lower, or no change in loan loss provisions than previously recorded. RJ Bank incorporates into its ratings process any observed regulatory trends in the annual SNC exam process, but there will inherently be differences of opinion on individual credits due to the high degree of judgment involved. With respect to its ongoing credit evaluation process of the SNC portfolio, RJ Bank conforms to what it believes will be the regulators’ view of individual credits.
	Every residential mortgage loan over 60 days past due is reviewed by RJ Bank personnel monthly and documented in a written report detailing delinquency information, balances, collection status, appraised value and other data points. RJ Bank senior management meets monthly to discuss the status, collection strategy and charge-off/write-down recommendations on every residential mortgage loan over 60 days past due with charge-offs considered on residential mortgage loans once the loans are delinquent 90 days or more and then generally taken before the loan is 120 days past due. A charge-off is taken against the allowance for loan losses for the difference between the loan amount and the amount that RJ Bank estimates will ultimately be collected, based on the value of the underlying collateral less estimated costs to sell. RJ Bank predominantly uses broker price opinions (“BPO”) for these valuations as access to the property is restricted during the collection and foreclosure process and there is insufficient data available for a full appraisal to be performed. BPOs contain relevant and timely sale comparisons and listings in the marketplace and, therefore, we have found these BPOs to be reasonable determinants of market value in lieu of appraisals and more reliable than an automated valuation tool or the use of tax assessed values. A full appraisal is obtained post-foreclosure. RJ Bank takes further charge-offs against the owned asset if an appraisal has a lower valuation than the original BPO, but does not reverse previously charged-off amounts if the appraisal is higher than the original BPO. If a loan remains in pre-foreclosure status for more than nine months, an updated valuation is obtained and further charge-offs are taken against the allowance for loan losses, if necessary.
Other assets	'
	Other assets
	RJ Bank carries investments in stock of the FHLB and the Federal Reserve Bank of Atlanta (the “FRB”) at cost. These investments are held in accordance with certain membership requirements, are restricted, and lack a market. FHLB and FRB stock can only be sold to the issuer or another member institution at its par value. RJ Bank annually evaluates its holdings in FHLB and FRB stock for potential impairment based upon its assessment of the ultimate recoverability of the par value of the stock. This annual evaluation is comprised of a review of the capital adequacy, liquidity position and the overall financial condition of the FHLB and FRB to determine the impact these factors have on the ultimate recoverability of the par value of the respective stock. Impairment evaluations are performed more frequently if events or circumstances indicate there may be impairment. Any cash dividends received are recognized as interest income in the Consolidated Statements of Income and Comprehensive Income.
	We maintain investments in a significant number of company-owned life insurance policies utilized to fund certain non-qualified deferred compensation plans and other employee benefit plans (see Notes 24 and 25 for information on the non-qualified deferred compensation plans).  The life insurance policies are carried at cash surrender value as determined by the insurer. See Note 10 for additional information.
Investments in real estate partnerships held by consolidated variable interest entities	'
	Investments in real estate partnerships held by consolidated variable interest entities
	Raymond James Tax Credit Funds, Inc., a wholly owned subsidiary of RJF (“RJTCF”), is the managing member or general partner in low-income housing tax credit (“LIHTC”) funds, some of which require consolidation (refer to the separate discussion below of our policies regarding the evaluation of VIEs to determine if consolidation is required). These funds invest in housing project limited partnerships or limited liability companies (“LLCs”) which purchase and develop affordable housing properties qualifying for federal and state low-income housing tax credits. The balance presented is the investment in project partnership balance of all of the LIHTC fund VIEs which require consolidation. Additional information is presented below and in Note 11.
Property and equipment	'
	Property and equipment
	Property, equipment and leasehold improvements are stated at cost less accumulated depreciation and amortization. Depreciation of assets is primarily provided for using the straight-line method over the estimated useful lives of the assets, which range from two to seven years for software, two to five years for furniture, fixtures and equipment and 10 to 31 years for buildings, building components, building improvements and land improvements. Leasehold improvements are amortized using the straight-line method over the shorter of the remaining lease term or the estimated useful lives of the assets.
	Additions, improvements and expenditures that extend the useful life of an asset are capitalized. Expenditures for repairs and maintenance are charged to operations in the period incurred. Gains and losses on disposals of property and equipment are reflected in the Consolidated Statements of Income and Comprehensive Income in the period realized.
Intangible assets	'
	Intangible assets
	Certain identifiable intangible assets, such as customer relationships, trade names, developed technology we acquire, and non-compete agreements, are amortized over their estimated useful lives on a straight-line method, and are evaluated for potential impairment whenever events or changes in circumstances suggest that the carrying value of an asset or asset group may not be fully recoverable.
	The rights to service mortgage loans, known as mortgage servicing rights (“MSRs”), are an intangible asset. Our MSRs arise when RJ Bank sells residential mortgage loans and retains the associated mortgage servicing rights. RJ Bank records the estimated fair value of MSRs and amortizes MSRs in proportion to, and over the period of estimated net servicing revenue. MSRs are assessed for impairment quarterly, based on their fair value, with any impairment recognized in our Consolidated Statements of Income and Comprehensive Income.
Goodwill	'
	Goodwill
	Goodwill represents the cost of acquired businesses in excess of the fair value of the related net assets acquired. GAAP does not provide for the amortization of indefinite-life intangible assets such as goodwill. Rather, these assets are subject to an evaluation of potential impairment on an annual basis, or more often if events or circumstances indicate there may be impairment. Goodwill impairment is determined by comparing the estimated fair value of a reporting unit with its respective carrying value. If the estimated fair value exceeds the carrying value, goodwill at the reporting unit level is not deemed to be impaired. However, if the estimated fair value is below carrying value, further analysis is required to determine the amount of the impairment. This further analysis involves assigning tangible assets and liabilities, identified intangible assets and goodwill to reporting units and comparing the fair value of each reporting unit to its carrying amount.
	In the course of our evaluation of the potential impairment of goodwill, we may perform either a qualitative or a quantitative assessment. Our qualitative assessment of potential impairment may result in the determination that a quantitative impairment analysis is not necessary. Under this elective process, we assess qualitative factors to determine whether the existence of events or circumstances leads us to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If after assessing the totality of events or circumstances, we determine it is more likely than not that the fair value of a reporting unit is greater than its carrying amount, then performing a quantitative analysis is not required. However, if we conclude otherwise, then we perform a quantitative impairment analysis.
	If we either choose not to perform a qualitative assessment, or we choose to perform a qualitative assessment but are unable to qualitatively conclude that no impairment has occurred, then we perform a quantitative evaluation. In the case of a quantitative assessment, we estimate the fair value of the reporting unit which the goodwill that is subject to the quantitative analysis is associated (generally defined as the businesses for which financial information is available and reviewed regularly by management) and compare it to the carrying value. If the estimated fair value of a reporting unit is less than its carrying value, we estimate the fair value of all assets and liabilities of the reporting unit, including goodwill. If the carrying value of the reporting unit’s goodwill is greater than the estimated fair value, an impairment charge is recognized for the excess.
	We have elected December 31 as our annual goodwill impairment evaluation date (see Note 13 for additional information regarding the outcome of our goodwill impairment assessments).
Legal liabilities	'
	Legal liabilities
	We recognize liabilities for contingencies when there is an exposure that, when fully analyzed, indicates it is both probable that a liability has been incurred and the amount of loss can be reasonably estimated. Whether a loss is probable, and if so, the estimated range of possible loss, is based upon currently available information and is subject to significant judgment, a variety of assumptions, and uncertainties. When a range of possible loss can be estimated, we accrue the most likely amount within that range; if the most likely amount of possible loss within that range is not determinable, we accrue a minimum based on the range of possible loss. No liability is recognized for those matters which, in managements judgment, the determination of a reasonable estimate of loss is not possible.
	We record liabilities related to legal proceedings in trade and other payables on our Consolidated Statements of Financial Condition. The determination of these liability amounts requires significant judgment on the part of management. Management considers many factors including, but not limited to: the amount of the claim; the amount of the loss in the client’s account; the basis and validity of the claim; the possibility of wrongdoing on the part of one of our employees or financial advisors; previous results in similar cases; and legal precedents and case law. Each legal proceeding is reviewed with counsel in each accounting period and the liability balance is adjusted as deemed appropriate by management. Any change in the liability amount is recorded in the consolidated financial statements and is recognized as either a charge, or a credit, to net income in that period. The actual costs of resolving legal proceedings may be substantially higher or lower than the recorded liability amounts for those matters. We expense our cost of defense related to such matters in the period they are incurred.
Share-based compensation	'
	Share-based compensation
	We account for share-based awards through the measurement and recognition of compensation expense for all share-based payment awards made to employees and directors based on estimated fair values. The compensation cost is recognized over the requisite service period of the awards and is calculated as the market value of the awards on the date of the grant. See Note 24 for additional information. In addition, we account for share-based awards to our independent contractor financial advisors in accordance with guidance applicable to accounting for equity instruments that are issued to other than employees for acquiring, or in conjunction with selling, goods or services and guidance applicable to accounting for derivative financial instruments indexed to, and potentially settled in, a company’s own stock. Share-based awards granted to our independent contractor financial advisors are measured at their vesting date fair value and their fair value estimated at reporting dates prior to that time. The compensation expense recognized each period is based on the most recent estimated value. Further, we classify these non-employee awards as liabilities at fair value upon vesting, with changes in fair value reported in earnings until these awards are exercised or forfeited. For purposes of measuring compensation expense these awards are revalued at each reporting date. See Note 25 for additional information. Compensation expense is recognized for all share-based compensation with future service requirements over the requisite service period using the straight-line method, and in certain instances, the graded attribution method.
Deferred compensation plans	'
	Deferred compensation plans
	We maintain various deferred compensation plans for the benefit of certain employees and independent contractors that provide a return to the participant based upon the performance of various referenced investments. For certain of these plans, we invest directly, as a principal in such investments, related to our obligations to perform under the deferred compensation plans (see the “Other Investments” discussion within the financial instruments owned, financial instruments sold but not yet purchased and fair value section of this Note 2 for further discussion of these assets). For other such plans, including our Long Term Incentive Plan (“LTIP”) and our Wealth Accumulation Plan, we purchase and hold life insurance on the lives of certain current and former participants to earn a competitive rate of return for participants and to provide a source of funds available to satisfy our obligations under the plan (see Note 10 for information regarding the carrying value of such policies). Compensation expense is recognized for all awards made under such plans with future service requirements over the requisite service period using the straight-line method. Changes in the value of the company-owned life insurance and other investments, as well as the expenses associated with the related deferred compensation plans, are recorded in compensation, commissions and benefits expense on our Consolidated Statements of Income and Comprehensive Income. See Notes 24 and 25 for additional information.
Leases	'
	Leases
	We lease office space and equipment under operating leases. We recognize rent expense related to these operating leases on a straight-line basis over the lease term. The lease term commences on the earlier of the date when we become legally obligated for the rent payments or the date on which we take possession of the property. For tenant improvement allowances and rent holidays, we record a deferred rent liability in other liabilities on our Consolidated Statements of Financial Condition and amortize the deferred rent over the lease term as a reduction to rent expense in the Consolidated Statements of Income and Comprehensive Income. In instances where the office space or equipment under an operating lease will be abandoned prior to the expiration of the lease term (these instances primarily result from the effects of acquisitions), we accrue an estimate of any projected loss in the Consolidated Statements of Income and Comprehensive Income at the time such abandonment is known and any loss is estimable.
Acquisition related expenses	'
	Acquisition related expense
	Acquisition related expenses are recorded in the Consolidated Statement of Income and Comprehensive Income and include certain incremental expenses associated with our acquisition transactions (predominately associated with our Morgan Keegan acquisition), as well as incremental costs to integrate our operations and those of Morgan Keegan. These costs do not represent recurring costs within the fully integrated combined organization.
Foreign currency translation	'
	Foreign currency translation
	We consolidate our foreign subsidiaries and certain joint ventures in which we hold an interest. The statement of financial condition of the subsidiaries and joint ventures we consolidate are translated at exchange rates as of the period end. The statements of income are translated either at an average exchange rate for the period, or in the case of foreign subsidiaries of RJ Bank, at the exchange rate in effect on the date which transactions occur. The gains or losses resulting from translating foreign currency financial statements into U.S. dollars are included in other comprehensive (loss) income and are thereafter presented in equity as a component of AOCI. The translation gains or losses related to RJ Bank’s U.S. subsidiaries’ net investment in their Canadian subsidiary are tax affected to the extent the Canadian subsidiary’s earnings will be repatriated to the U.S.
Income taxes	'
	Income taxes
	The objectives of accounting for income taxes are to recognize the amount of taxes payable or refundable for the current year. We utilize the asset and liability method to provide income taxes on all transactions recorded in the consolidated financial statements. This method requires that income taxes reflect the expected future tax consequences of temporary differences between the carrying amounts of assets or liabilities for book and tax purposes. Accordingly, a deferred tax asset or liability for each temporary difference is determined based on the tax rates that we expect to be in effect when the underlying items of income and expense are realized. Judgment is required in assessing the future tax consequences of events that have been recognized in our financial statements or tax returns, including the repatriation of undistributed earnings of foreign subsidiaries. Variations in the actual outcome of these future tax consequences could materially impact our financial position, results of operations, or liquidity. See Note 20 for further information on our income taxes.
Earnings per share (EPS)	'
	Earnings per share (“EPS”)
	Basic EPS is calculated by dividing earnings available to common shareholders by the weighted-average number of common shares outstanding. Earnings available to common shareholders’ represents Net Income Attributable to Raymond James Financial, Inc. reduced by the allocation of earnings and dividends to participating securities. Diluted EPS is similar to basic EPS, but adjusts for the dilutive effect of outstanding stock options by application of the treasury stock method.
Evaluation of VIEs to determine whether consolidation is required	'
	Evaluation of VIEs to determine whether consolidation is required
	A VIE requires consolidation by the entity’s primary beneficiary. Examples of entities that may be VIEs include certain legal entities structured as corporations, partnerships or limited liability companies.
	We evaluate all of the entities in which we are involved to determine if the entity is a VIE and if so, whether we hold a variable interest and are the primary beneficiary. We hold variable interests in the following VIE’s: Raymond James Employee Investment Funds I and II (the “EIF Funds”), a trust fund established for employee retention purposes (“Restricted Stock Trust Fund”), certain LIHTC funds (“LIHTC Funds”), various other partnerships and LLCs involving real estate (“Other Real Estate Limited Partnerships and LLCs”), certain new market tax credit funds (“NMTC Funds”), and certain funds formed for the purpose of making and managing investments in securities of other entities (“Managed Funds”).
	Determination of the primary beneficiary of a VIE
	We assess VIEs for consolidation when we hold variable interests in the entity. We consolidate the VIEs that are subject to assessment when we are deemed to be the primary beneficiary of the VIE. Other than for the Managed Funds whose process is discussed separately, the process for determining whether we are the primary beneficiary of the VIE is to conclude whether we are a party to the VIE holding a variable interest that meets both of the following criteria: (1) has the power to make decisions that most significantly affect the economic performance of the VIE, and (2) has the obligations to absorb losses or the right to receive benefits that in either case could potentially be significant to the VIE.
	EIF Funds
	The EIF Funds are limited partnerships for which we are the general partner. The EIF Funds invest in certain of our private equity activities as well as other unaffiliated venture capital limited partnerships. The EIF Funds were established as compensation and retention measures for certain of our key employees. We are deemed to be the primary beneficiary and, accordingly, we consolidate the EIF Funds.
	Restricted Stock Trust Fund
	We utilize a trust in connection with certain of our restricted stock unit awards. This trust fund was established and funded for the purpose of acquiring our common stock in the open market to be used to settle restricted stock units granted as a retention vehicle for certain employees of our Canadian subsidiary. We are deemed to be the primary beneficiary and, accordingly, consolidate this trust fund.
	LIHTC Funds
	RJTCF is the managing member or general partner in a number of LIHTC Funds having one or more investor members or limited partners. These low-income housing tax credit funds are organized as LLCs or limited partnerships for the purpose of investing in a number of project partnerships, which are limited partnerships or LLCs that in turn purchase and develop low-income housing properties qualifying for tax credits.
	Our determination of the primary beneficiary of each tax credit fund in which RJTCF has a variable interest requires judgment and is based on an analysis of all relevant facts and circumstances, including: (1) an assessment of the characteristics of RJTCF’s variable interest and other involvement it has with the tax credit fund, including involvement of related parties and any de facto agents, as well as the involvement of other variable interest holders, namely, limited partners or investor members, and (2) the tax credit funds’ purpose and design, including the risks that the tax credit fund was designed to create and pass through to its variable interest holders. In the design of tax credit fund VIEs, the overriding premise is that the investor members invest solely for tax attributes associated with the portfolio of low-income housing properties held by the fund, while RJTCF, as the managing member or general partner of the fund, is responsible for overseeing the fund’s operations.
	Non-guaranteed low-income housing tax credit funds
	As the managing member or general partner of the fund, except for one guaranteed fund discussed below, RJTCF does not provide guarantees related to the delivery or funding of tax credits or other tax attributes to the investor members or limited partners of tax credit funds. The investor member(s) or limited partner(s) of the VIEs bear the risk of loss on their investment. Additionally, under the tax credit funds’ designed structure, the investor member(s) or limited partner(s) receive nearly all of the tax credits and tax-deductible loss benefits designed to be delivered by the fund entity, as well as a majority of any proceeds upon a sale of a project partnership held by a tax credit fund (fund level residuals). RJTCF earns fees from the fund for its services in organizing the fund, identifying and acquiring the project partnership investments, ongoing asset management fees, and a share of any residuals arising from sale of project partnerships upon the termination of the fund.
	The determination of whether RJTCF is the primary beneficiary of any of the non-guaranteed LIHTC Funds in which it holds a variable interest is primarily dependent upon: (1) the analysis of whether the other variable interest holders in the tax credit fund hold significant participating rights over the activities that most significantly impact the tax credit funds’ economic performance, and/or (2) whether RJTCF has an obligation to absorb losses of, or the right to receive benefits from, the tax credit fund VIE which could potentially be significant to the fund.
	RJTCF sponsors two general types of non-guaranteed tax credit funds: either non-guaranteed single investor funds, or non-guaranteed multi-investor funds. In single investor funds, RJTCF has concluded that the one single investor member or limited partner in such funds has significant participating rights over the activities that most significantly impact the economics of the fund, resulting in a conclusion of shared power with the limited partner. Therefore RJTCF, as managing member or general partner of such funds, is not the one party with power over such activities and resultantly is not deemed to be the primary beneficiary of such single investor funds and these funds are not consolidated.
	In multi-investor funds, RJTCF has concluded that since the participating rights over the activities that most significantly impact the economics of the fund are not held by one single investor member or limited partner, RJTCF is deemed to have the power over such activities. RJTCF then assesses whether its projected benefits to be received from the multi-investor funds, primarily from ongoing asset management fees or its share of any residuals upon the termination of the fund, are potentially significant to the fund. RJTCF is deemed to be the primary beneficiary, and therefore consolidates, any multi-investor fund for which it concludes that such benefits are potentially significant to the fund.
	Among the LIHTC Fund entities evaluated, RJTCF determined that some of the LIHTC Funds it sponsors are not VIEs. These funds are either: (1) funds which RJTCF holds a significant interest (one of which typically holds interests in certain tax credit limited partnerships for less than 90 days, or until beneficial interest in the limited partnership or fund is sold to third parties), or (2) are single investor LIHTC Funds in which RJTCF holds an interest, but the LIHTC Fund does not meet the VIE determination criteria.
	Direct investments in LIHTC project partnerships
	RJ Bank is the investor member of a LIHTC fund in which a subsidiary of RJTCF is the managing member. This LIHTC fund is an investor member in certain LIHTC project partnerships. We evaluate the appropriate accounting for these investments after aggregating RJ Bank and RJTCF’s interests and roles in the LIHTC fund. Since unrelated third parties are the managing member of the investee project partnerships, we have determined that consolidation of these project partnerships is not required; we account for these investments under the equity method. The carrying value of these project partnerships is included in other assets on our Consolidated Statements of Financial Condition.
	Guaranteed LIHTC fund
	In conjunction with one of the multi-investor tax credit funds in which RJTCF is the managing member, RJTCF has provided the investor members with a guaranteed return on their investment in the fund (the “Guaranteed LIHTC Fund”). As a result of this guarantee obligation, RJTCF has determined that it is the primary beneficiary of, and accordingly consolidates, this guaranteed multi-investor fund.
	Other real estate limited partnerships and LLCs
	We have a variable interest in several limited partnerships involved in various real estate activities in which one of our subsidiaries is either the general partner or a limited partner. Given that we do not have the power to direct the activities that most significantly impact the economic performance of these partnerships or LLCs, we have determined that we are not the primary beneficiary of these VIEs. Accordingly, we do not consolidate these partnerships or LLCs.
	New market tax credit funds
	An entity which was at one time an affiliate of Morgan Keegan is the managing member of a number of NMTC Funds. NMTC Funds are organized as LLC’s for the purpose of investing in eligible projects in qualified low-income areas or that serve qualified targeted populations. In return for making a qualified equity investment into the NMTC Fund, the Fund’s investor member receives tax credits eligible to apply against their federal tax liability. These new market tax credits are taken by the investor member over a seven year period.
	Each of these NMTC Funds have one investor member. We have concluded that in each of the NMTC Funds, the investor member of such funds has significant participating rights over the activities that most significantly impact the economics of the NMTC Fund and, therefore, our affiliate as the managing member of the NMTC Fund does not have the power over such activities. Accordingly, we are not deemed to be the primary beneficiary of these NMTC Funds and, therefore, they are not consolidated.
	Managed Funds
	The Managed Funds are VIEs in which one of our subsidiaries serves as the general partner. The Managed Funds satisfy the conditions for deferral of the determination of who is the primary beneficiary that is performed based upon the assessment of who has the power to direct the activities of the entity that most significantly impact the entity’ s economic performance and the obligation to absorb losses of the entity that could potentially be significant to the entity. The deferral criteria which the Managed Funds meet are: 1) these funds’ primary business activity involves investment in the securities of other entities not under common management for current income, appreciation or both; 2) ownership in the funds is represented by units of investments to which proportionate shares of net assets can be attributed; 3) the assets of the funds are pooled to avail owners of professional management; 4) the funds are the primary reporting entities; and 5) the funds do not have an obligation (explicit or implicit) to fund losses of the entities that could be potentially significant.
	For the Managed Funds, our primary beneficiary assessment applies prior accounting guidance which assesses who will absorb a majority of the entity’s expected losses, receive a majority of the entity’s expected residual returns, or both. Based upon the outcome of our assessments, we have determined that we are not required to consolidate the Managed Funds.

ACQUISITIONS_Tables

ACQUISITIONS (Tables) (Morgan Keegan)	12 Months Ended
	Sep. 30, 2014
Morgan Keegan	'
Business Acquisition [Line Items]	'
Acquisition Related Expenses	'
	Acquisition related expenses are recorded in the Consolidated Statement of Income and Comprehensive Income and include certain incremental expenses arising from our acquisitions. Acquisition related expenses in fiscal year 2014 are no longer material for separate disclosure since our integration of Morgan Keegan was substantially complete as of September 30, 2013. In prior years, we incurred the following acquisition related expenses:
			Year ended September 30,
			2013		2012
			(in thousands)
	Information systems integration and conversion costs (1)		$	33,021	$	14,542
	Occupancy and equipment (2)		15,999		4,803
	Severance (3)		12,734		18,729
	Temporary services		4,106		1,128
	Financial advisory fees		1,176		7,040
	Legal		476		2,267
	Bridge financing agreement fees		—		5,684
	Other integration costs		5,942		5,091
	Total acquisition related expenses		$	73,454	$	59,284
	-1	Includes equipment costs related to the disposition of information systems equipment, and temporary services incurred specifically related to the information systems conversion.
	-2	Includes lease costs associated with the abandonment of certain facilities resulting from the Morgan Keegan acquisition.
	-3	Represents all costs associated with eliminating positions as a result of the Morgan Keegan acquisition, partially offset by the favorable impact arising from the forfeiture of any unvested accrued benefits.

CASH_AND_CASH_EQUIVALENTS_ASSE1

CASH AND CASH EQUIVALENTS, ASSETS SEGREGATED PURSUANT TO REGULATIONS AND DEPOSITS WITH CLEARING ORGANIZATIONS (Tables)	12 Months Ended
	Sep. 30, 2014
Cash and Cash Equivalents [Abstract]	'
Cash and Cash Equivalents	'
	Our cash and cash equivalents, assets segregated pursuant to regulations and other segregated assets, and deposits with clearing organization balances are as follows:
		September 30,
		2014		2013
		(in thousands)
	Cash and cash equivalents:
	Cash in banks	$	2,195,683	$	2,593,890
	Money market fund investments	3,380		2,726
	Total cash and cash equivalents (1)	2,199,063		2,596,616
	Cash segregated pursuant to federal regulations and other segregated assets (2)	2,489,264		4,064,827
	Deposits with clearing organizations (3)	150,457		126,405
		$	4,838,784	$	6,787,848
	-1	The total amounts presented include cash and cash equivalents of $1.21 billion and $1.02 billion as of September 30, 2014 and 2013, respectively, which are either held directly by RJF in depository accounts at third party financial institutions, held in a depository account at RJ Bank, or are otherwise invested by one of our subsidiaries on behalf of RJF, all of which are available without restrictions.
	-2	Consists of cash maintained in accordance with Rule 15c3-3 under the Securities Exchange Act of 1934. RJ&A as a broker-dealer carrying client accounts, is subject to requirements related to maintaining cash or qualified securities in segregated reserve accounts for the exclusive benefit of its’ clients. Additionally, RJ Ltd. is required to hold client Registered Retirement Savings Plan funds in trust.
	-3	Consists of deposits of cash and cash equivalents or other short-term securities held by other clearing organizations or exchanges.

FAIR_VALUE_Tables

FAIR VALUE (Tables)	12 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Assets and Liabilities Measured at Fair Value on a Recurring and Nonrecurring Basis	'
	Assets and liabilities measured at fair value on a recurring and nonrecurring basis are presented below:
	September 30, 2014		Quoted prices				Significant				Significant				Netting				Balance as of
			in active				other				unobservable				adjustments (2)				September 30,
			markets for				observable				inputs								2014
			identical				inputs				(Level 3)
			assets				(Level 2) (1)
			(Level 1) (1)
			(in thousands)
	Assets at fair value on a recurring basis:
	Trading instruments:
	Municipal and provincial obligations		$	11,407			$	192,482			$	—			$	—			$	203,889
	Corporate obligations		1,989				109,939				—				—				111,928
	Government and agency obligations		7,376				93,986				—				—				101,362
	Agency MBS and CMOs		247				127,172				—				—				127,419
	Non-agency CMOs and ABS		—				58,364				11				—				58,375
	Total debt securities		21,019				581,943				11				—				602,973
	Derivative contracts		—				89,923				—				(61,718		)		28,205
	Equity securities		28,834				5,264				44				—				34,142
	Corporate loans		—				990				—				—				990
	Other		566				10,208				2,309				—				13,083
	Total trading instruments		50,419				688,328				2,364				(61,718		)		679,393
	Available for sale securities:
	Agency MBS and CMOs		—				267,720				—				—				267,720
	Non-agency CMOs		—				91,918				—				—				91,918
	Other securities		1,916				—				—				—				1,916
	ARS:
	Municipals		—				—				86,696			(3)	—				86,696
	Preferred securities		—				—				114,039				—				114,039
	Total available for sale securities		1,916				359,638				200,735				—				562,289
	Private equity investments		—				—				211,666			(4)	—				211,666
	Other investments (5)		212,753				1,267				1,731				—				215,751
	Derivative instruments associated with offsetting matched book positions		—				323,337				—				—				323,337
	Other assets:
	Derivative contracts		—				2,462				—				—				2,462
	Other assets		—				—				787			(6)	—				787
	Total other assets		—				2,462				787				—				3,249
	Total assets at fair value on a recurring basis		$	265,088			$	1,375,032			$	417,283			$	(61,718	)		$	1,995,685
	Assets at fair value on a nonrecurring basis:
	Bank loans, net:
	Impaired loans		$	—			$	34,799			$	55,528			$	—			$	90,327
	Loans held for sale (7)		—				22,611				—				—				22,611
	Total bank loans, net		—				57,410				55,528				—				112,938
	OREO (8)		—				768				—				—				768
	Total assets at fair value on a nonrecurring basis		$	—			$	58,178			$	55,528			$	—			$	113,706
	(continued on next page)
	September 30, 2014		Quoted prices				Significant				Significant				Netting				Balance as of
			in active				other				unobservable				adjustments (2)				September 30,
			markets for				observable				inputs								2014
			identical				inputs				(Level 3)
			assets				(Level 2) (1)
			(Level 1) (1)
			(in thousands)
			(continued from previous page)
	Liabilities at fair value on a recurring basis:
	Trading instruments sold but not yet purchased:
	Municipal and provincial obligations		$	11,093			$	554			$	—			$	—			$	11,647
	Corporate obligations		29				15,304				—				—				15,333
	Government obligations		187,424				—				—				—				187,424
	Agency MBS and CMOs		738				—				—				—				738
	Total debt securities		199,284				15,858				—				—				215,142
	Derivative contracts		—				75,668				—				(63,296		)		12,372
	Equity securities		10,884				2				—				—				10,886
	Total trading instruments sold but not yet purchased		210,168				91,528				—				(63,296		)		238,400
Derivative instruments associated with offsetting matched book positions		—				323,337				—				—				323,337
Other liabilities		—				—				58				—				58
Total liabilities at fair value on a recurring basis		$	210,168			$	414,865			$	58			$	(63,296	)		$	561,795
-1	We had $800 thousand in transfers of financial instruments from Level 1 to Level 2 during the year ended September 30, 2014.  These transfers were a result of a decrease in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. We had $1.3 million in transfers of financial instruments from Level 2 to Level 1 during the year ended September 30, 2014.  These transfers were a result of an increase in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement.  Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
-2	Where permitted, we have elected to net derivative receivables and derivative payables and the related cash collateral received and paid when a legally enforceable master netting agreement exists. See Note 19 for additional information regarding offsetting financial instruments.
-3	Includes $58 million of Jefferson County, Alabama Limited Obligation School Warrants ARS.
-4	The portion of these investments we do not own is approximately $55 million as of September 30, 2014 and are included as a component of noncontrolling interest in our Consolidated Statements of Financial Condition. The weighted average portion we own is approximately $157 million or 74% of the total private equity investments of $212 million included in our Consolidated Statements of Financial Condition.
-5	Other investments include $144 million of financial instruments that are related to MK & Co.’s obligations to perform under certain of its historic deferred compensation plans (see Note 2 and Note 24 for further information regarding these plans).
-6	Includes forward commitments to purchase GNMA or FNMA MBS arising from our fixed income public finance operations (see Note 21 for additional information regarding these commitments) and to a much lesser extent, other certain commitments.
-7	Includes individual loans classified as held for sale, which were recorded at a fair value lower than cost.
-8	Represents the fair value of foreclosed properties which were measured at a fair value subsequent to their initial classification as OREO. The recorded value in the Consolidated Statements of Financial Condition is net of the estimated selling costs.
September 30, 2013		Quoted prices				Significant				Significant				Netting				Balance as of
		in active				other				unobservable				adjustments (2)				September 30,
		markets for				observable				inputs								2013
		identical				inputs				(Level 3)
		assets				(Level 2) (1)
		(Level 1) (1)
		(in thousands)
Assets at fair value on a recurring basis:
Trading instruments:
Municipal and provincial obligations		$	10			$	202,816			$	—			$	—			$	202,826
Corporate obligations		833				59,573				—				—				60,406
Government and agency obligations		6,408				106,988				—				—				113,396
Agency MBS and CMOs		155				92,994				—				—				93,149
Non-agency CMOs and ABS		—				16,957				14				—				16,971
Total debt securities		7,406				479,328				14				—				486,748
Derivative contracts		—				89,633				—				(61,524		)		28,109
Equity securities		48,749				4,231				35				—				53,015
Other		1,413				6,464				3,956				—				11,833
Total trading instruments		57,568				579,656				4,005				(61,524		)		579,705
Available for sale securities:
Agency MBS and CMOs		—				326,029				—				—				326,029
Non-agency CMOs		—				128,943				78				—				129,021
Other securities		2,076				—				—				—				2,076
ARS:
Municipals		—				—				130,934			(3)	—				130,934
Preferred securities		—				—				110,784				—				110,784
Total available for sale securities		2,076				454,972				241,796				—				698,844
Private equity investments		—				—				216,391			(4)	—				216,391
Other investments (5)		241,627				2,278				4,607				—				248,512
Derivative instruments associated with offsetting matched book positions		—				250,341				—				—				250,341
Other receivables		—				—				2,778			(6)	—				2,778
Other assets		—				—				15				—				15
Total assets at fair value on a recurring basis		$	301,271			$	1,287,247			$	469,592			$	(61,524	)		$	1,996,586
Assets at fair value on a nonrecurring basis: (7)
Bank loans, net
Impaired loans		$	—			$	33,187			$	59,868			$	—			$	93,055
Loans held for sale (8)		—				28,119				—				—				28,119
Total bank loans, net		—				61,306				59,868				—				121,174
OREO (9)		—				209				—				—				209
Total assets at fair value on a nonrecurring basis		$	—			$	61,515			$	59,868			$	—			$	121,383
(continued on next page)
September 30, 2013		Quoted prices				Significant				Significant				Netting				Balance as of
		in active				other				unobservable				adjustments (2)				September 30,
		markets for				observable				inputs								2013
		identical				inputs				(Level 3)
		assets				(Level 2) (1)
		(Level 1) (1)
		(in thousands)
		(continued from previous page)
Liabilities at fair value on a recurring basis:
Trading instruments sold but not yet purchased:
Municipal and provincial obligations		$	165			$	1,612			$	—			$	—			$	1,777
Corporate obligations		30				9,081				—				—				9,111
Government obligations		169,816				—				—				—				169,816
Agency MBS and CMOs		3,068				—				—				—				3,068
Total debt securities		173,079				10,693				—				—				183,772
Derivative contracts		—				74,920				—				(69,279		)		5,641
Equity securities		31,151				92				—				—				31,243
Total trading instruments sold but not yet purchased		204,230				85,705				—				(69,279		)		220,656
Derivative instruments associated with offsetting matched book positions		—				250,341				—				—				250,341
Trade and other payables:
Derivative contracts		—				714				—				—				714
Other liabilities		—				—				60				—				60
Total trade and other payables		—				714				60				—				774
Total liabilities at fair value on a recurring basis		$	204,230			$	336,760			$	60			$	(69,279	)		$	471,771
-1	We had $860 thousand transfers of financial instruments from Level 1 to Level 2 during the year ended September 30, 2013. These transfers were a result of a decrease in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. We had $401 thousand in transfers of financial instruments from Level 2 to Level 1 during the year ended September 30, 2013. These transfers were a result of an increase in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
-2	Where permitted, we have elected to net derivative receivables and derivative payables and the related cash collateral received and paid when a legally enforceable master netting agreement exists. See Note 19 for additional information regarding offsetting financial instruments.
-3	Includes $54 million of Jefferson County, Alabama Limited Obligation School Warrants ARS and $25 million of Jefferson County, Alabama Sewer Revenue Refunding Warrants ARS.
-4	The portion of these investments we do not own is approximately $63 million as of September 30, 2013 and are included as a component of noncontrolling interest in our Consolidated Statements of Financial Condition. The weighted average portion we own is approximately $153 million or 71% of the total private equity investments of $216 million included in our Consolidated Statements of Financial Condition.
-5	Other investments include $176 million of financial instruments that are related to MK & Co.’s obligations to perform under certain of its historic deferred compensation plans (see Note 2 and Note 24 for further information regarding these plans).
-6	Primarily comprised of forward commitments to purchase GNMA MBS arising from our fixed income public finance operations (see Note 21 for additional information regarding these commitments).
-7	Goodwill fair value measurements are classified within Level 3 of the fair value hierarchy, which are generally determined using unobservable inputs. See Note 13 for additional information regarding the annual impairment analysis.
-8	Includes individual loans classified as held for sale, which were recorded at a fair value lower than cost.
-9	Represents the fair value of foreclosed properties which were measured at a fair value subsequent to their initial classification as OREO. The recorded value in the Consolidated Statements of Financial Condition is net of the estimated selling costs.
Level 3 Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis, Roll Forward Table of Change in Balances	'
	Additional information about Level 3 assets and liabilities measured at fair value on a recurring basis is presented below:
	Year ended September 30, 2014
	Level 3 assets at fair value
	(in thousands)
		Financial assets																																							Financial
																																									liabilities
		Trading instruments											Available for sale securities												Private equity, other investments and other assets																Payables-
																																									trade and
																																									other
		Non-				Equity				Other			Non-				ARS –				ARS -				Private				Other				Other receivables				Other assets				Other
		agency				securities							agency				municipals				preferred				equity				investments												liabilities
		CMOs &											CMOs								securities				investments
		ABS
	Fair value	$	14			$	35			$	3,956		$	78			$	130,934			$	110,784			$	216,391			$	4,607			$	2,778			$	15			$	(60	)
	September 30, 2013
	Total gains (losses) for the year:
	Included in earnings	(1		)		6				(371		)	(27		)		7,046				44				15,883			(1)	174				(2,778		)		772				2
	Included in other comprehensive (loss) income	—				—				—			22				(403		)		3,536				—				—				—				—				—
	Purchases and contributions	—				103				18,628			—				—				—				16,192				63				—				—				—
	Sales	—				(98		)		(19,904		)	(38		)		(23,355		)		—				(7,076		)		(2,698		)		—				—				—
	Redemptions by issuer	—				—				—			—				(27,526		)		(325		)		—				(64		)		—				—				—
	Distributions	(2		)		—				—			(35		)		—				—				(39,053		)		(351		)		—				—				—
	Transfers: (2)
	Into Level 3	—				—				—			—				—				—				11,924			(3)	—				—				—				—
	Out of Level 3	—				(2		)		—			—				—				—				(2,595		)	(4)	—				—				—				—
	Fair value	$	11			$	44			$	2,309		$	—			$	86,696			$	114,039			$	211,666			$	1,731			$	—			$	787			$	(58	)
	September 30, 2014
	Change in unrealized gains (losses) for the year included in earnings (or changes in net assets) for assets held at the end of the year	$	20			$	6			$	(7	)	$	—			$	(403	)		$	3,536			$	15,883			$	267			$	—			$	772			$	—
	-1	Primarily results from valuation adjustments of certain private equity investments.  Since we only own a portion of these investments, our share of the net valuation adjustments resulted in a gain of $12.2 million which is included in net income attributable to RJF (after noncontrolling interests).  The noncontrolling interests’ share of the net valuation adjustments was a gain of approximately $3.7 million.
	-2	Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
	-3	The transfers into Level 3 were comprised of transfers of balances previously included in other receivables on our Consolidated Statements of Financial Condition.
	-4	The transfers out of Level 3 were comprised of transfers of cash and cash equivalent balances previously included in private equity investments on our Consolidated Statements of Financial Condition.
	Year ended September 30, 2013
	Level 3 assets at fair value
	(in thousands)
	Financial assets																																											Financial
																																												liabilities
		Trading instruments															Available for sale securities												Private equity, other investments, other receivables and other assets															Payables-trade
																																												and other
		Municipal &				Non-				Equity				Other securities			Non-				ARS –				ARS -				Private				Other				Other receivables				Other assets			Other
		provincial				agency				securities							agency				municipals				preferred				equity				investments											liabilities
		obligations				CMOs &											CMOs								securities				investments
						ABS
	Fair value	$	553			$	29			$	6			$	5,850		$	249			$	123,559			$	110,193			$	336,927			$	4,092			$	—			$	—		$	(98	)
	September 30, 2012
	Total gains (losses) for the year:
	Included in earnings	—				(4		)		1				(140		)	(396		)		439				1,164				70,688			(1)	1,390				2,778				—			38
	Included in other comprehensive (loss) income	—				—				—				—			281				13,212				7,504				—				—				—				—			—
	Purchases and contributions	—				—				63				9,885			—				—				25				20,416				—				—				—			—
	Sales	(553		)		—				(37		)		(9,234		)	—				(4,971		)		(90		)		(165,878		)	(2)	(691		)		—				—			—
	Redemptions by issuer	—				—				—				—			—				(1,305		)		(8,012		)		—				—				—				—			—
	Distributions	—				(11		)		—				(2,390		)	(56		)		—				—				(45,762		)		(315		)		—				—			—
	Transfers: (3)
	Into Level 3	—				—				2				—			—				—				—				—				131				—				15			—
	Out of Level 3	—				—				—				(15		)	—				—				—				—				—				—				—			—
	Fair value	$	—			$	14			$	35			$	3,956		$	78			$	130,934			$	110,784			$	216,391			$	4,607			$	2,778			$	15		$	(60	)
	September 30, 2013
	Change in unrealized gains (losses) for the year included in earnings (or changes in net assets) for assets held at the end of the year	$	—			$	38			$	(1	)		$	(140	)	$	(396	)		$	13,212			$	7,504			$	5,354			$	1,511			$	2,778			$	—		$	—
	-1	Results from valuation adjustments of certain private equity investments and the April 29, 2013 sale of our indirect investment in Albion Medical Holdings, Inc. (“Albion”).  Since we only own a portion of these investments, our share of the net valuation adjustments and Albion sale resulted in a gain of $28.4 million which is included in net income attributable to RJF (after noncontrolling interests).  The noncontrolling interests’ share of the net gain is approximately $42.3 million.
	-2	Results primarily from the April 29, 2013 sale of our indirect investment in Albion. The amount is presented gross, and therefore includes amounts pertaining to interests held by others.
	-3	Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
	Year ended September 30, 2012
	Level 3 assets at fair value
(in thousands)
	Financial assets																																				Financial
																																					liabilities
	Trading instruments																Available for sale securities												Private equity and other investments								Payables-trade
																																					and other
	Municipal &				Non-				Equity				Other securities				Non-				ARS –				ARS -				Private				Other				Other
	provincial				agency				securities								agency				municipals				preferred				equity				investments				liabilities
	obligations				CMOs &												CMOs								securities				investments
					ABS
Fair value	$	375			$	50			$	15			$	—			$	851			$	79,524			$	116,524			$	168,785			$	2,087			$	(40	)
September 30, 2011
Total gains (losses) for the year:
Included in earnings	89				(3		)		11				(1,034		)		(691		)		(1,487		)		(75		)		36,098			(1)	296				(58		)
Included in other comprehensive (loss) income	—				—				—				—				130				(7,651		)		(1,528		)		—				—				—
Purchases and contributions	553				—				18				16,268				—				56,344				66,915				162,795			(4)	2,276				—
Sales	(320		)		—				(16		)		(14,251		)		—				—				—				—				—				—
Redemptions by issuer	—				—				—				—				—				(3,214		)		(71,600		)		—				—				—
Distributions	—				(18		)		—				(1,710		)		(41		)		—				—				(30,751		)		(567		)		—
Transfers:
Into Level 3	—				—				156				6,577			(2)	—				43				—				—				—				—
Out of Level 3 (3)	(144		)		—				(178		)		—				—				—				(43		)		—				—				—
Fair value	$	553			$	29			$	6			$	5,850			$	249			$	123,559			$	110,193			$	336,927			$	4,092			$	(98	)
September 30, 2012
Change in unrealized gains (losses) for the year included in earnings (or changes in net assets) for assets held at the end of the year	$	—			$	9			$	(5	)		$	(1,034	)		$	(691	)		$	(9,060	)		$	(1,528	)		$	36,098		(1)	$	172			$	—
-1	Primarily results from valuation adjustments of certain private equity investments. Since we only own a portion of these investments, our share of the net valuation adjustments resulted in a gain of $15.2 million which is included in net income attributable to RJF (after noncontrolling interests). The noncontrolling interests’ share of the net valuation adjustments was a gain of approximately $20.9 million.
-2	During the year ended September 30, 2012, we transferred certain non-agency CMOs and ABS securities which were previously included in Level 2, into Level 3, due to a decrease in the availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement.
-3	The transfers out of Level 3 were a result of an increase in availability and reliability of the observable inputs utilized in the respective instruments’ fair value. Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
-4	Includes private equity investments of approximately $46 million arising from the Morgan Keegan acquisition and $97 million of other investments arising from the consolidation of certain of Morgan Keegan’s private equity funds (see Note 3 for further information regarding the Morgan Keegan acquisition).
Gains and Losses (Realized and Unrealized) Included in Revenues	'
	Gains and losses included in earnings are presented in net trading profit and other revenues in our Consolidated Statements of Income and Comprehensive Income as follows:
	For the year ended September 30, 2014		Net trading				Other
			profits				revenues
			(in thousands)
	Total (losses) gains included in revenues		$	(366	)		$	21,116
	Change in unrealized gains for assets held at the end of the year		$	19			$	20,055
	For the year ended September 30, 2013		Net trading				Other
			profits				revenues
			(in thousands)
	Total (losses) gains included in revenues		$	(143	)		$	76,101
	Change in unrealized (losses) gains for assets held at the end of the year		$	(103	)		$	29,963
	For the year ended September 30, 2012		Net trading				Other
			profits				revenues
			(in thousands)
	Total (losses) gains included in revenues		$	(937	)		$	34,083
	Change in unrealized (losses) gains for assets held at the end of the year		$	(1,030	)		$	24,991
Significant Assumptions Used in Valuation of Level 3 Financial Instruments	'
	The significant assumptions used in the valuation of level 3 financial instruments are as follows (the table that follows includes the significant majority of the financial instruments we hold that are classified as level 3 measures):
	Level 3 financial instrument		Fair value at				Valuation technique(s)		Unobservable input		Range (weighted-average)
			September 30,
			2014
			(in thousands)
	Recurring measurements:
	Available for sale securities:
	ARS:
	Municipals		$	57,728			Recent trades		Observed trades (in inactive markets) of in-portfolio securities		88% of par - 88% of par (88% of par)
	Municipals		$	11,025			Income or market approach:
							Scenario 1 - recent trades		Observed trades (in inactive markets) of in-portfolio securities		70% of par - 70% of par (70% of par)
							Scenario 2 - discounted cash flow		Average discount rate(a)		4.44% - 6.82% (5.63%)
									Average interest rates applicable to future interest income on the securities(b)		1.68% - 4.31% (3.00%)
									Prepayment year(c)		2017 - 2024 (2021)
									Weighting assigned to outcome of scenario1/ scenario 2		20%/80%
	Municipals		$	17,943			Discounted cash flow		Average discount rate(a)		3.08% - 5.82% (3.77%)
									Average interest rates applicable to future interest income on the securities(b)		1.44% - 5.74% (1.81%)
									Prepayment year(c)		2017 - 2024 (2019)
	Preferred securities		$	114,039			Discounted cash flow		Average discount rate(a)		3.69% - 5.08% (4.35%)
									Average interest rates applicable to future interest income on the securities(b)		2.41% - 4.03% (2.54%)
									Prepayment year(c)		2015 - 2019 (2019)
	Private equity investments:		$	46,402			Income or market approach:
							Scenario 1 - income approach - discounted cash flow		Discount rate(a)		13.0% - 17.5% (15.9%)
									Terminal growth rate of cash flows		3% - 3% (3%)
									Terminal year		2016 - 2018 (2017)
							Scenario 2 - market approach - market multiple method		EBITDA Multiple(d)		4.75 - 7.50 (6.30)
									Weighting assigned to outcome of scenario 1/scenario 2		72%/28%
			$	165,264			Transaction price or other investment-specific events(e)		Not meaningful(e)		Not meaningful(e)
	Nonrecurring measurements:
	Impaired loans:  residential		$	25,982			Discounted cash flow		Prepayment rate		7 yrs. - 12 yrs. (10.3 yrs.)
	Impaired loans: corporate		$	29,546			Appraisal, discounted cash flow, or distressed enterprise value(f)		Not meaningful(f)		Not meaningful(f)
	The text of the footnotes in the above table are on the following page.
	The text of the footnotes to the table on the previous page are as follows:
	(a)	Represents discount rates used when we have determined that market participants would take these discounts into account when pricing the investments.
	(b)	Future interest rates are projected based upon a forward interest rate path, plus a spread over such projected base rate that is applicable to each future period for each security within this portfolio segment.  The interest rates presented represent the average interest rate over all projected periods for securities within the portfolio segment.
	(c)	Assumed year of at least a partial redemption of the outstanding security by the issuer.
	(d)	Represents amounts used when we have determined that market participants would use such multiples when pricing the investments.
	(e)	Certain direct private equity investments are valued initially at the transaction price until either our annual review, significant transactions occur, new developments become known, or we receive information from the fund manager that allows us to update our proportionate share of net assets, when any of which indicate that a change in the carrying values of these investments is appropriate.
	(f)	The valuation techniques used for the impaired corporate loan portfolio as of September 30, 2014 were appraisals less selling costs for the collateral dependent loans, and either discounted cash flows or distressed enterprise value for the remaining impaired loans that are not collateral dependent.
Carrying Amounts and Estimated Fair Values of Financial Instruments Not Carried at Fair Value	'
	The estimated fair values by level within the fair value hierarchy and the carrying amounts of certain of our financial instruments not carried at fair value are as follows:
			Quoted prices				Significant				Significant				Total estimated fair value				Carrying amount
			in active				other				unobservable
			markets for				observable				inputs
			identical				inputs				(Level 3)
			assets				(Level 2)
			(Level 1)
			(in thousands)
	September 30, 2014
	Financial assets:
	Bank loans, net(1)		$	—			$	23,678			$	10,738,136			$	10,761,814			$	10,857,662
	Financial liabilities:
	Bank deposits		$	—			$	9,684,221			$	344,234			$	10,028,455			$	10,028,924
	Corporate debt		$	366,100			$	955,170			$	—			$	1,321,270			$	1,190,836
	September 30, 2013
	Financial assets:
	Bank loans, net(1)		$	—			$	83,012			$	8,614,755			$	8,697,767			$	8,700,027
	Financial liabilities:
	Bank deposits		$	—			$	8,981,996			$	320,196			$	9,302,192			$	9,295,371
	Corporate debt		$	352,520			$	951,628			$	—			$	1,304,148			$	1,194,508
	-1	Excludes all impaired loans and loans held for sale which have been recorded at fair value in the Consolidated Statement of Financial Condition at September 30, 2014 and 2013, respectively.

TRADING_INSTRUMENTS_AND_TRADIN1

TRADING INSTRUMENTS AND TRADING INSTRUMENTS SOLD BUT NOT YET PURCHASED (Tables)	12 Months Ended
	Sep. 30, 2014
Trading Instruments and Trading Instruments Sold But Not Yet Purchased [Abstract]	'
Trading Instruments and Trading Instruments Sold but Not Yet Purchased	'
		September 30, 2014				September 30, 2013
		Trading		Instruments		Trading		Instruments
		instruments		sold but not		instruments		sold but not
				yet purchased				yet purchased
		(in thousands)
	Municipal and provincial obligations	$	203,889	$	11,647	$	202,826	$	1,777
	Corporate obligations	111,928		15,333		60,406		9,111
	Government and agency obligations	101,362		187,424		113,396		169,816
	Agency MBS and CMOs	127,419		738		93,149		3,068
	Non-agency CMOs and ABS	58,375		—		16,971		—
	Total debt securities	602,973		215,142		486,748		183,772
	Derivative contracts (1)	28,205		12,372		28,109		5,641
	Equity securities	34,142		10,886		53,015		31,243
	Corporate loans	990		—		—		—
	Other	13,083		—		11,833		—
	Total	$	679,393	$	238,400	$	579,705	$	220,656
	-1	Represents the derivative contracts held for trading purposes. These balances do not include all derivative instruments since the derivative instruments associated with offsetting matched book positions are included on their own line item on our Consolidated Statements of Financial Condition. See Note 18 for further information regarding all of our derivative transactions, and see Note 19 for additional information regarding offsetting financial instruments.

AVAILABLE_FOR_SALE_SECURITIES_

AVAILABLE FOR SALE SECURITIES (Tables)	12 Months Ended
	Sep. 30, 2014
Available-for-sale Securities [Abstract]	'
Amortized Cost and Estimated Fair Values of Available For Sale Securities	'
	The amortized cost and fair values of available for sale securities are as follows:
		Cost basis				Gross			Gross			Fair value
						unrealized gains			unrealized losses
		(in thousands)
	September 30, 2014
	Available for sale securities:
	Agency MBS and CMOs	$	267,927			$	822		$	(1,029	)	$	267,720
	Non-agency CMOs (1)	98,946				56			(7,084		)	91,918
	Other securities	1,575				341			—			1,916
	Total RJ Bank available for sale securities	368,448				1,219			(8,113		)	361,554
	Auction rate securities:
	Municipal obligations	81,535				6,240			(1,079		)	86,696
	Preferred securities	104,526				9,513			—			114,039
	Total auction rate securities	186,061				15,753			(1,079		)	200,735
	Total available for sale securities	$	554,509			$	16,972		$	(9,192	)	$	562,289
	September 30, 2013
	Available for sale securities:
	Agency MBS and CMOs	$	326,858			$	707		$	(1,536	)	$	326,029
	Non-agency CMOs (2)	142,169				4			(13,152		)	129,021
	Other securities	1,575				501			—			2,076
	Total RJ Bank available for sale securities	470,602				1,212			(14,688		)	457,126
	Auction rate securities:
	Municipal obligations	125,371				6,831			(1,268		)	130,934
	Preferred securities	104,808				5,976			—			110,784
	Total auction rate securities	230,179				12,807			(1,268		)	241,718
	Total available for sale securities	$	700,781			$	14,019		$	(15,956	)	$	698,844
	September 30, 2012
	Available for sale securities:
	Agency MBS and CMOs	$	350,568			$	1,938		$	(203	)	$	352,303
	Non-agency CMOs (3)	166,339				23			(18,555		)	147,807
	Total RJ Bank available for sale securities	516,907				1,961			(18,758		)	500,110
	Auction rate securities:
	Municipal obligations (4)	131,208				870			(8,519		)	123,559
	Preferred securities (5)	111,721				232			(1,760		)	110,193
	Total auction rate securities	242,929				1,102			(10,279		)	233,752
	Other securities	3				9			—			12
	Total available for sale securities	$	759,839			$	3,072		$	(29,037	)	$	733,874
	-1	As of September 30, 2014, the non-credit portion of OTTI recorded in AOCI was $6.1 million (before taxes).
	-2	As of September 30, 2013, the non-credit portion of OTTI recorded in AOCI was $11.1 million (before taxes).
	-3	As of September 30, 2012, the non-credit portion of OTTI recorded in AOCI was $15.5 million (before taxes).
	-4	As of September 30, 2012, the non-credit portion of OTTI recorded in AOCI was $7.6 million (before taxes).
	-5	As of September 30, 2012, the non-credit portion of OTTI recorded in AOCI was $1.5 million (before taxes).
Contractual Maturities, Amortized Cost, Carrying Values, and Current Yields for Available For Sales Securities	'
	The contractual maturities, amortized cost, carrying values and current yields for our available for sale securities are as presented below.  Since RJ Bank’s available for sale securities are backed by mortgages, actual maturities will differ from contractual maturities because borrowers may have the right to prepay obligations without prepayment penalties.  Expected maturities of ARS may differ significantly from contractual maturities, as issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
		September 30, 2014
		Within one year				After one but			After five but			After ten years			Total
						within five			within ten
						years			years
		($ in thousands)
	Agency MBS & CMOs:
	Amortized cost	$	—			$	9,992		$	10,451		$	247,484		$	267,927
	Carrying value	—				10,019			10,513			247,188			267,720
	Weighted-average yield	—				0.27		%	0.24		%	1.02		%	0.96		%
	Non-agency CMOs:
	Amortized cost	$	—			$	—		$	—		$	98,946		$	98,946
	Carrying value	—				—			—			91,918			91,918
	Weighted-average yield	—				—			—			2.49		%	2.49		%
	Other securities:
	Amortized cost	$	—			$	—		$	—		$	1,575		$	1,575
	Carrying value	—				—			—			1,916			1,916
	Weighted-average yield	—				—			—			—			—
	Sub-total agency MBS & CMOs, non-agency CMOs and other securities:
	Amortized cost	$	—			$	9,992		$	10,451		$	348,005		$	368,448
	Carrying value	—				10,019			10,513			341,022			361,554
	Weighted-average yield	—				0.27		%	0.24		%	1.41		%	1.35		%
	Auction rate securities
	Municipal obligations:
	Amortized cost	$	—			$	—		$	—		$	81,535		$	81,535
	Carrying value	—				—			—			86,696			86,696
	Weighted-average yield	—				—			—			0.38		%	0.38		%
	Preferred securities:
	Amortized cost	$	—			$	—		$	—		$	104,526		$	104,526
	Carrying value	—				—			—			114,039			114,039
	Weighted-average yield	—				—			—			0.2		%	0.2		%
	Sub-total auction rate securities:
	Amortized cost	$	—			$	—		$	—		$	186,061		$	186,061
	Carrying value	—				—			—			200,735			200,735
	Weighted-average yield	—				—			—			0.28		%	0.28		%
	Total available for sale securities:
	Amortized cost	$	—			$	9,992		$	10,451		$	534,066		$	554,509
	Carrying value	—				10,019			10,513			541,757			562,289
	Weighted-average yield	—				0.27		%	0.24		%	0.99		%	0.97		%
Available For Sale Securities in a Continuous Unrealized Loss Position	'
	The gross unrealized losses and fair value, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position, are as follows:
		September 30, 2014
		Less than 12 months							12 months or more						Total
		Estimated				Unrealized			Estimated			Unrealized			Estimated			Unrealized
		fair value				losses			fair value			losses			fair value			losses
		(in thousands)
	Agency MBS and CMOs	$	18,062			$	(53	)	$	71,688		$	(976	)	$	89,750		$	(1,029	)
	Non-agency CMOs	5,506				(357		)	69,970			(6,727		)	75,476			(7,084		)
	ARS municipal obligations	—				—			12,072			(1,079		)	12,072			(1,079		)
	Total	$	23,568			$	(410	)	$	153,730		$	(8,782	)	$	177,298		$	(9,192	)
		September 30, 2013
		Less than 12 months							12 months or more						Total
		Estimated				Unrealized			Estimated			Unrealized			Estimated			Unrealized
		fair value				losses			fair value			losses			fair value			losses
		(in thousands)
	Agency MBS and CMOs	$	157,580			$	(1,150	)	$	22,940		$	(386	)	$	180,520		$	(1,536	)
	Non-agency CMOs	4,906				(556		)	123,139			(12,596		)	128,045			(13,152		)
	ARS municipal obligations	771				(100		)	19,747			(1,168		)	20,518			(1,268		)
	Total	$	163,257			$	(1,806	)	$	165,826		$	(14,150	)	$	329,083		$	(15,956	)
Non-Agency CMOs Cash Flow Analysis Assumptions	'
	The significant assumptions used in the cash flow analysis of non-agency CMOs are as follows:
		September 30, 2014
		Range		Weighted-
				average (1)
	Default rate	0% - 10.9%		4.31%
	Loss severity	0% - 74.4%		39.84%
	Prepayment rate	5% - 34.2%		10.42%
	-1	Represents the expected activity for the next twelve months.
Credit Losses Recognized in Earnings on Available For Sale Securities	'
	Changes in the amount of OTTI related to credit losses recognized in other revenues on available for sale securities are as follows:
			Year ended September 30,
			2014				2013			2012
		(in thousands)
	Amount related to credit losses on securities we held at the beginning of the year		$	28,217			$	27,581		$	22,306
	Additions to the amount related to credit loss for which an OTTI was not previously recognized		—				—			1,409
	Decreases to the amount related to credit loss for securities sold during the year		(9,541		)		—			—
	Additional increases to the amount related to credit loss for which an OTTI was previously recognized		27				636			3,866
	Amount related to credit losses on securities we held at the end of the year		$	18,703			$	28,217		$	27,581

RECEIVABLES_FROM_AND_PAYABLES_1

RECEIVABLES FROM AND PAYABLES TO BROKERAGE CLIENTS (Tables)	12 Months Ended
	Sep. 30, 2014
Receivables From and Payables To Brokerage Clients [Abstract]	'
Amount Receivable to Brokerage Clients	'
	The amount receivable from clients is as follows:
		September 30,
		2014			2013
		(in thousands)
	Brokerage client receivables	$	2,127,078		$	1,983,402
	Allowance for doubtful accounts	(274		)	(62		)
	Brokerage client receivables, net	$	2,126,804		$	1,983,340
Amounts Payable to Brokerage Clients	'
	The following table presents a summary of such payables:
		September 30,
		2014			2013
	Brokerage client payables:	(in thousands)
	Interest bearing	$	3,578,101		$	5,457,107
	Non-interest bearing	378,003			485,736
	Total brokerage client payables	$	3,956,104		$	5,942,843

BANK_LOANS_NET_Tables

BANK LOANS, NET (Tables)	12 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
Held for Sale and Held for Investment Loan Portfolios	'
	The following table presents the balances for both the held for sale and held for investment loan portfolios as well as the associated percentage of each portfolio segment in RJ Bank’s total loan portfolio:
		September 30, 2014							September 30, 2013							September 30, 2012
		Balance				%			Balance				%			Balance				%
		($ in thousands)
	Loans held for sale, net(1)	$	45,988			—			$	110,292			1	%		$	160,515			2	%
	Loans held for investment:
	Domestic:
	C&I loans	5,378,592				49	%		4,439,668				50	%		4,553,061				55	%
	CRE construction loans	76,733				1	%		38,964				—			26,360				1	%
	CRE loans	1,415,093				13	%		1,075,986				12	%		828,414				10	%
	Tax-exempt loans	122,218				1	%		—				—			—				—
	Residential mortgage loans	1,749,513				16	%		1,743,787				20	%		1,690,465				21	%
	SBL	1,021,358				9	%		554,210				6	%		350,770				4	%
	Foreign:
	C&I loans	1,043,755				9	%		806,337				9	%		465,770				6	%
	CRE construction loans	17,462				—			21,876				—			23,114				—
	CRE loans	274,070				2	%		207,060				2	%		108,036				1	%
	Residential mortgage loans	2,234				—			1,863				—			1,521				—
	SBL	2,390				—			1,595				—			1,725				—
	Total loans held for investment	11,103,418							8,891,346							8,049,236
	Net unearned income and deferred expenses	(37,533		)					(43,936		)					(70,698		)
	Total loans held for investment, net(1)	11,065,885							8,847,410							7,978,538
	Total loans held for sale and investment	11,111,873				100	%		8,957,702				100	%		8,139,053				100	%
	Allowance for loan losses	(147,574		)					(136,501		)					(147,541		)
	Bank loans, net	$	10,964,299						$	8,821,201						$	7,991,512
		September 30, 2011							September 30, 2010
		Balance				%			Balance				%
		($ in thousands)
	Loans held for sale, net(1)	102,236				2	%		$	6,114			—
	Loans held for investment:
	Domestic:
	C&I loans	3,987,122				59	%		3,173,093				51	%
	CRE construction loans	29,087				—			65,512				1	%
	CRE loans	742,889				11	%		937,669				15	%
	Residential mortgage loans	1,754,925				26	%		2,013,681				32	%
	SBL	7,438				—			23,940				—
	Foreign:
	C&I loans	113,817				2	%		59,630				1	%
	Residential mortgage loans	1,561				—			1,650				—
	Total loans held for investment	6,636,839							6,275,175
	Net unearned income and deferred expenses	(45,417		)					(39,276		)
	Total loans held for investment, net(1)	6,591,422							6,235,899
	Total loans held for sale and investment	6,693,658				100	%		6,242,013				100	%
	Allowance for loan losses	(145,744		)					(147,084		)
	Bank loans, net	$	6,547,914						$	6,094,929
	-1	Net of unearned income and deferred expenses, which includes purchase premiums, purchase discounts, and net deferred origination fees and costs.
Loan Purchases and Sales	'
	The following table presents purchases and sales of any loans held for investment by portfolio segment:
			Year ended September 30,
			2014								2013								2012
			Purchases				Sales				Purchases				Sales				Purchases				Sales
		(in thousands)
	C&I loans		$	536,167			$	219,914			$	358,309			$	176,186			$	470,859		(1)	$	85,090
	CRE construction loans		—				—				—				—				31,074			(1)	—
	CRE loans		5,000				—				5,048				—				121,245			(1)	—
	Residential mortgage loans		29,667				—				26,618				—				38,220				—
	SBL		—				—				—				—				185,026			(2)	—
	Total		$	570,834			$	219,914			$	389,975			$	176,186			$	846,424			$	85,090
	-1	Includes a total of $367 million for a Canadian loan portfolio purchased during the year ended September 30, 2012, which was comprised of $219 million C&I, $31 million of CRE construction and $117 million of CRE loans.
	-2	Represents loans primarily secured by the borrower’s marketable securities.
Analysis of the Payment Status of Loans Held for Investment	'
	The following table presents an analysis of the payment status of loans held for investment by portfolio segment:
		30-89				90 days				Total				Nonaccrual (1)				Current and accruing				Total loans held for
		days and accruing				or more and accruing				past due and accruing												investment (2)
		(in thousands)
	As of September 30, 2014:
	C&I loans	$	124			$	—			$	124			$	—			$	6,422,223			$	6,422,347
	CRE construction loans	—				—				—				—				94,195				94,195
	CRE loans	—				—				—				18,876				1,670,287				1,689,163
	Tax-exempt loans	—				—				—				—				122,218				122,218
	Residential mortgage loans:
	First mortgage loans	1,648				—				1,648				61,391				1,668,724				1,731,763
	Home equity loans/lines	57				—				57				398				19,529				19,984
	SBL	—				—				—				—				1,023,748				1,023,748
	Total loans held for investment	$	1,829			$	—			$	1,829			$	80,665			$	11,020,924			$	11,103,418
	As of September 30, 2013:
	C&I loans	$	135			$	—			$	135			$	89			$	5,245,781			$	5,246,005
	CRE construction loans	—				—				—				—				60,840				60,840
	CRE loans	—				—				—				25,512				1,257,534				1,283,046
	Residential mortgage loans:
	First mortgage loans	3,753				—				3,753				75,889				1,643,805				1,723,447
	Home equity loans/lines	—				—				—				468				21,735				22,203
	SBL	—				—				—				—				555,805				555,805
	Total loans held for investment	$	3,888			$	—			$	3,888			$	101,958			$	8,785,500			$	8,891,346
	-1	Includes $41.4 million and $55.5 million of nonaccrual loans at September 30, 2014 and 2013, respectively, which are performing pursuant to their contractual terms.
	-2	Excludes any net unearned income and deferred expenses.
Summary of Impaired Loans	'
	The following table provides a summary of RJ Bank’s impaired loans:
		September 30, 2014												September 30, 2013
		Gross				Unpaid				Allowance				Gross				Unpaid				Allowance
		recorded				principal				for losses				recorded				principal				for losses
		investment				balance								investment				balance
		(in thousands)
	Impaired loans with allowance for loan losses:(1)
	C&I loans	$	11,959			$	12,563			$	1,289			$	—			$	—			$	—
	CRE loans	—				—				—				17				26				1
	Residential mortgage loans:
	First mortgage loans	43,806				61,372				5,012				52,624				77,240				6,646
	Home equity loans/lines	—				—				—				36				74				4
	Total	55,765				73,935				6,301				52,677				77,340				6,651
	Impaired loans without allowance for loan losses:(2)
	C&I loans	—				—				—				89				94				—
	CRE loans	18,876				39,717				—				25,495				45,229				—
	Residential - first mortgage loans	21,987				32,949				—				21,445				32,617				—
	Total	40,863				72,666				—				47,029				77,940				—
	Total impaired loans	$	96,628			$	146,601			$	6,301			$	99,706			$	155,280			$	6,651
	-1	Impaired loan balances have had reserves established based upon management’s analysis.
	-2	When the discounted cash flow, collateral value or market value equals or exceeds the carrying value of the loan, then the loan does not require an allowance.  These are generally loans in process of foreclosure that have already been adjusted to fair value.
Average Balance of Impaired Loans and Interest Income Recognized	'
	The average balance of the total impaired loans and the related interest income recognized in the Consolidated Statements of Income and Comprehensive Income are as follows:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Average impaired loan balance:
	C&I loans	$	6,183			$	15,398			$	10,196
	CRE loans	23,416				13,352				11,902
	Residential mortgage loans:
	First mortgage loans	70,370				77,511				86,854
	Home equity loans/lines	21				93				138
	Total	$	99,990			$	106,354			$	109,090
	Interest income recognized:
	Residential mortgage loans:
	First mortgage loans	$	1,592			$	1,644			$	1,397
	Home equity loans/lines	—				—				4
	Total	$	1,592			$	1,644			$	1,401
Impact of TDRs	'
	The table below presents the TDRs that occurred during the respective periods presented:
		Number of			Pre-modification				Post-modification
		contracts			outstanding				outstanding
					recorded				recorded
					investment				investment
		($ in thousands)
	Year ended September 30, 2014:
	C&I loans	1			$	19,200			$	15,035
	CRE loans	2			$	22,291			$	22,291
	Residential – first mortgage loans	14			$	3,599			$	3,892
	Total	17			$	45,090			$	41,218
	Year ended September 30, 2013:
	Residential – first mortgage loans	56			$	13,270			$	13,551
	Year ended September 30, 2012:
	Residential – first mortgage loans	20			5,875				6,283
Credit Quality of Held for Investment Loan Portfolio	'
	The credit quality of RJ Bank’s held for investment loan portfolio is as follows:
																		Residential mortgage
		C&I				CRE				CRE				Tax-exempt				First				Home			SBL			Total
						construction												mortgage				equity
		(in thousands)
	September 30, 2014:
	Pass	$	6,321,662			$	94,195			$	1,669,897			$	122,218			$	1,647,325			$	19,572		$	1,023,748		$	10,898,617
	Special mention (1)	83,101				—				191				—				15,346				—			—			98,638
	Substandard (1)	17,584				—				18,167				—				69,092				412			—			105,255
	Doubtful (1)	—				—				908				—				—				—			—			908
	Total	$	6,422,347			$	94,195			$	1,689,163			$	122,218			$	1,731,763			$	19,984		$	1,023,748		$	11,103,418
	September 30, 2013:
	Pass	$	5,012,786			$	60,840			$	1,257,130			$	—			$	1,627,090			$	21,582		$	555,805		$	8,535,233
	Special mention (1)	139,159				—				195				—				18,912				150			—			158,416
	Substandard (1)	94,060				—				23,524				—				77,446				470			—			195,500
	Doubtful (1)	—				—				2,197				—				—				—			—			2,197
	Total	$	5,246,005			$	60,840			$	1,283,046			$	—			$	1,723,448			$	22,202		$	555,805		$	8,891,346
	-1	Loans classified as special mention, substandard or doubtful are all considered to be “criticized” loans.
Performing Residential First Mortgage Loan Portfolio Summarized by Loan-to-value ratios	'
	The table below presents the most recently available update of the performing residential first mortgage loan portfolio summarized by current LTV. The amounts in the table represent the entire loan balance:
		Balance(1)
		(in thousands)
	LTV range:
	LTV less than 50%	$	454,703
	LTV greater than 50% but less than 80%	816,055
	LTV greater than 80% but less than 100%	184,512
	LTV greater than 100%, but less than 120%	32,222
	LTV greater than 120% but less than 140%	5,169
	LTV greater than 140%	—
	Total	$	1,492,661
	-1	Excludes loans that have full repurchase recourse for any delinquent loans.
Changes in the Allowance for Loan Losses	'
	Changes in the allowance for loan losses of RJ Bank by portfolio segment are as follows:
						Loans held for investment
		Loans held				C&I				CRE				CRE				Tax-exempt				Residential			SBL			Total
		for sale								construction												mortgage
		(in thousands)
	Year ended September 30, 2014:
	Balance at beginning of year:	$	—			$	95,994			$	1,000			$	19,266			$	—			$	19,126		$	1,115		$	136,501
	Provision (benefit) for loan losses	—				9,560				625				5,860				1,380				(4,759		)	899			13,565
	Net (charge-offs)/recoveries:
	Charge-offs	—				(1,845		)		—				(16		)		—				(2,015		)	—			(3,876		)
	Recoveries	—				16				—				80				—				1,998			35			2,129
	Net (charge-offs)/recoveries	—				(1,829		)		—				64				—				(17		)	35			(1,747		)
	Foreign currency translation adjustment	—				(546		)		(31		)		(168		)		—				—			—			(745		)
	Balance at September 30, 2014	$	—			$	103,179			$	1,594			$	25,022			$	1,380			$	14,350		$	2,049		$	147,574
	Year ended September 30, 2013:
	Balance at beginning of year:	$	—			$	92,409			$	739			$	27,546			$	—			$	26,138		$	709		$	147,541
	Provision (benefit) for loan losses	—				4,505				273				(301		)		—				(2,540		)	628			2,565
	Net (charge-offs)/recoveries:
	Charge-offs	—				(813		)		—				(9,599		)		—				(6,771		)	(254		)	(17,437		)
	Recoveries	—				117				—				1,680				—				2,299			32			4,128
	Net charge-offs	—				(696		)		—				(7,919		)		—				(4,472		)	(222		)	(13,309		)
	Foreign currency translation adjustment	—				(224		)		(12		)		(60		)		—				—			—			(296		)
	Balance at September 30, 2013	$	—			$	95,994			$	1,000			$	19,266			$	—			$	19,126		$	1,115		$	136,501
	Year ended September 30, 2012:
	Balance at beginning of year:	$	5			$	81,267			$	490			$	30,752			$	—			$	33,210		$	20		$	145,744
	(Benefit) provision for loan losses	(5		)		21,543				242				(2,305		)		—				5,655			764			25,894
	Net (charge-offs)/recoveries:
	Charge-offs	—				(10,486		)		—				(2,000		)		—				(15,270		)	(96		)	(27,852		)
	Recoveries	—				—				—				1,074				—				2,543			21			3,638
	Net charge-offs	—				(10,486		)		—				(926		)		—				(12,727		)	(75		)	(24,214		)
	Foreign currency translation adjustment	—				85				7				25				—				—			—			117
	Balance at September 30, 2012	$	—			$	92,409			$	739			$	27,546			$	—			$	26,138		$	709		$	147,541
Recorded Investment and Related Allowance for Loan Losses by Loan Portfolio Segment	'
	The following table presents, by loan portfolio segment, RJ Bank’s recorded investment and related allowance for loan losses:
			Loans held for investment
			C&I				CRE				CRE				Tax-exempt				Residential				SBL			Total
							construction												mortgage
		(in thousands)
	September 30, 2014:
	Allowance for loan losses:
	Individually evaluated for impairment		$	1,289			$	—			$	—			$	—			$	5,012			$	—		$	6,301
	Collectively evaluated for impairment		101,890				1,594				25,022				1,380				9,338				2,049			141,273
	Total allowance for loan losses		$	103,179			$	1,594			$	25,022			$	1,380			$	14,350			$	2,049		$	147,574
	Recorded investment:(1)
	Individually evaluated for impairment		$	11,959			$	—			$	18,876			$	—			$	65,793			$	—		$	96,628
	Collectively evaluated for impairment		6,410,388				94,195				1,670,287				122,218				1,685,954				1,023,748			11,006,790
	Total recorded investment		$	6,422,347			$	94,195			$	1,689,163			$	122,218			$	1,751,747			$	1,023,748		$	11,103,418
	September 30, 2013:
	Allowance for loan losses:
	Individually evaluated for impairment		$	—			$	—			$	1			$	—			$	6,650		(2)	$	—		$	6,651
	Collectively evaluated for impairment		95,994				1,000				19,265				—				12,476			(2)	1,115			129,850
	Total allowance for loan losses		$	95,994			$	1,000			$	19,266			$	—			$	19,126			$	1,115		$	136,501
	Recorded investment:(1)
	Individually evaluated for impairment		$	89			$	—			$	25,512			$	—			$	74,105		(2)	$	—		$	99,706
	Collectively evaluated for impairment		5,245,916				60,840				1,257,534				—				1,671,545			(2)	555,805			8,791,640
	Total recorded investment		$	5,246,005			$	60,840			$	1,283,046			$	—			$	1,745,650			$	555,805		$	8,891,346
	-1	Excludes any net unearned income and deferred expenses.
	-2	The amounts presented have been revised from those reported in the prior year in order to present such prior year balances in a manner that is consistent with the current year computational method.

PREPAID_EXPENSES_AND_OTHER_ASS1

PREPAID EXPENSES AND OTHER ASSETS (Tables)	12 Months Ended
	Sep. 30, 2014
Prepaid Expense and Other Assets [Abstract]	'
Prepaid Expenses and Other Assets	'
	Prepaid expenses and other assets include the following:
		September 30,
		2014		2013
		(in thousands)
	Investments in company-owned life insurance (1)	$	287,144	$	244,921
	Investment in FHLB stock	32,636		12,125
	Investment in FRB stock	22,950		21,300
	Prepaid expenses	83,509		77,765
	Low-income housing tax credit fund financing asset (2)	28,421		33,670
	Indemnification asset (3)	154,681		171,135
	Other assets	45,915		50,509
	Prepaid expenses and other assets	$	655,256	$	611,425
	-1	As of September 30, 2014, we own life insurance policies with a cumulative face value of $797.2 million.
	-2	In a prior year, we sold an investment in a low-income housing tax credit fund and we guaranteed the return on investment to the purchaser. As a result of this guarantee obligation, we are the primary beneficiary of the fund (see Note 11 for further information regarding the consolidation of this fund) and we have accounted for this transaction as a financing. As a financing transaction, we continue to account for the asset transferred to the purchaser, and maintain a related liability corresponding to our obligations under the guarantee. As the benefits are delivered to the purchaser of the investment, this financing asset and the related liability decrease. A related financing liability in the amount of $28.4 million and $33.7 million is included in trade and other payables on our Consolidated Statements of Financial Condition as of September 30, 2014 and 2013, respectively. See Note 21 for further discussion of our obligations under the guarantee.
	-3	The indemnification asset pertains to legal matters for which Regions has indemnified RJF in connection with our acquisition of Morgan Keegan. The liabilities related to such matters are included in trade and other payables on our Consolidated Statements of Financial Condition. See Notes 3 and 21 for additional information.

VARIABLE_INTEREST_ENTITIES_Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Sep. 30, 2014
Variable Interest Entities [Abstract]	'
VIEs Where We are the Primary Beneficiary - Aggregate Assets and Liabilities	'
	The aggregate assets and liabilities of the VIEs we consolidate are provided in the table below.
		Aggregate				Aggregate
		assets (1)				liabilities (1)
		(in thousands)
	September 30, 2014
	LIHTC Funds	$	179,050			$	60,180
	Guaranteed LIHTC Fund (2)	74,798				—
	Restricted Stock Trust Fund	6,608				6,608
	EIF Funds	6,041				—
	Total	$	266,497			$	66,788
	September 30, 2013
	LIHTC Funds	$	208,634			$	78,055
	Guaranteed LIHTC Fund (2)	81,712				—
	Restricted Stock Trust Fund	13,075				6,710
	EIF Funds	7,588				—
	Total	$	311,009			$	84,765
	-1	Aggregate assets and aggregate liabilities differ from the consolidated carrying value of assets and liabilities due to the elimination of intercompany assets and liabilities held by the consolidated VIE.
	-2	In connection with one of the multi-investor tax credit funds in which RJTCF is the managing member, RJTCF has provided one investor member with a guaranteed return on their investment in the fund. See Note 10 for information regarding the financing asset associated with this fund, and see Note 21 for additional information regarding this commitment.
VIEs Where We are the Primary Beneficiary - Carrying Value of Assets, Liabilities, and Equity	'
	The following table presents information about the carrying value of the assets, liabilities and equity of the VIEs which we consolidate and which are included within our Consolidated Statements of Financial Condition. The noncontrolling interests presented in this table represent the portion of these net assets which are not ours.
		September 30,
		2014				2013
		(in thousands)
	Assets:
	Assets segregated pursuant to regulations and other segregated assets	$	10,887			$	11,857
	Receivables, other	5,812				5,763
	Investments in real estate partnerships held by consolidated variable interest entities	235,858				272,096
	Trust fund investment in RJF common stock (1)	6,607				13,073
	Prepaid expenses and other assets	5,728				8,230
	Total assets	$	264,892			$	311,019
	Liabilities and equity:
	Trade and other payables	$	10,157			$	1,428
	Intercompany payables	6,608				6,390
	Loans payable of consolidated variable interest entities (2)	43,877				62,938
	Total liabilities	60,642				70,756
	RJF equity	6,165				6,175
	Noncontrolling interests	198,085				234,088
	Total equity	204,250				240,263
	Total liabilities and equity	$	264,892			$	311,019
	-1	Included in treasury stock in our Consolidated Statements of Financial Condition.
	-2	Comprised of several non-recourse loans. We are not contingently liable under any of these loans (see Note 16 for additional information).
VIEs Where We are the Primary Beneficiary - Information about Net Income (Loss) of VIEs	'
	The following table presents information about the net (loss) income of the VIEs which we consolidate, and is included within our Consolidated Statements of Income and Comprehensive Income. The noncontrolling interests presented in this table represents the portion of the net loss from these VIEs which is not ours.
			Year ended September 30,
			2014				2013				2012
			(in thousands)
	Revenues:
	Interest		$	1			$	4			$	3
	Other		1,334				3,538				3,944
	Total revenues		1,335				3,542				3,947
	Interest expense		(2,900		)		(3,959		)		(5,032		)
	Net revenues (expense)		(1,565		)		(417		)		(1,085		)
	Non-interest expenses		40,819				27,292				25,207
	Net loss including noncontrolling interests		(42,384		)		(27,709		)		(26,292		)
	Net loss attributable to noncontrolling interests		(42,374		)		(27,779		)		(26,860		)
	Net (loss) income attributable to RJF		$	(10	)		$	70			$	568
VIEs Where We Hold a Variable Interest but We are Not the Primary Beneficiary - Aggregate Assets, Liabilities, and Exposure to Loss	'
	The aggregate assets, liabilities, and our exposure to loss from those VIEs in which we hold a variable interest, but as to which we have concluded we are not the primary beneficiary, are provided in the table below.
		September 30, 2014												September 30, 2013
		Aggregate				Aggregate				Our risk				Aggregate		Aggregate		Our risk
		assets				liabilities				of loss				assets		liabilities		of loss
		(in thousands)
	LIHTC Funds	$	2,988,224			$	899,586			$	48,915			$	2,532,457	$	762,346	$	14,387
	NMTC Funds	83,474				2				13				140,499		278		13
	Other Real Estate Limited Partnerships and LLCs	30,202				36,262				183				30,240		35,512		212
	Total	$	3,101,900			$	935,850			$	49,111			$	2,703,196	$	798,136	$	14,612
VIEs Where We Hold a Variable Interest but We are Not Required to Consolidate - Aggregate Assets, Liabilities, and Exposure to Loss	'
	The aggregate assets, liabilities, and our exposure to loss from Managed Funds are provided in the table below:
		September 30, 2014												September 30, 2013
		Aggregate				Aggregate				Our risk				Aggregate		Aggregate		Our risk
		assets				liabilities				of loss				assets		liabilities		of loss
		(in thousands)
	Managed Funds	$	103,618			$	11			$	94			$	56,321	$	1,415	$	202

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
Property and Equipment	'
		September 30,
		2014			2013
		(in thousands)
	Land	$	20,104		$	20,104
	Construction in process	3,295			707
	Software	151,590			131,115
	Buildings, leasehold and land improvements	234,104			235,239
	Furniture, fixtures, and equipment	176,564			200,055
		585,657			587,220
	Less: Accumulated depreciation and amortization	(340,256		)	(342,804		)
	Total property and equipment, net	$	245,401		$	244,416

GOODWILL_AND_IDENTIFIABLE_INTA1

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)	12 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Goodwill and Net Identifiable Intangible Asset Balances	'
	The following are our goodwill and net identifiable intangible asset balances as of the dates indicated:
		September 30,
		2014				2013
		(in thousands)
	Goodwill	$	295,486			$	295,486
	Identifiable intangible assets, net	58,775				65,978
	Total goodwill and identifiable intangible assets, net	$	354,261			$	361,464
Schedule of Goodwill Balance and Activity	'
	The following summarizes our goodwill by segment, along with the balance and activity for the years indicated:
		Segment
		Private client group				Capital markets				Total
		(in thousands)
	Goodwill at September 30, 2012	$	173,317			$	126,794			$	300,111
	Additions (1)	1,267				1,041				2,308
	Impairment losses (2)	—				(6,933		)		(6,933		)
	Goodwill at September 30, 2013	$	174,584			$	120,902			$	295,486
	Impairment losses	—				—				—
	Goodwill at September 30, 2014	$	174,584			$	120,902			$	295,486
	-1	The goodwill adjustment in the prior fiscal year arose from a change in a tax election pertaining to whether assets acquired and liabilities assumed are written-up to fair value for tax purposes. This election is made on an entity-by-entity basis, and during the period indicated, our assumption regarding whether we would make such election changed for one of the Morgan Keegan entities we acquired. The offsetting balance associated with this adjustment to goodwill was the net deferred tax asset.
	-2	The impairment expense in the prior fiscal year ended September 30, 2013 is associated with the RJES reporting unit. We concluded the goodwill associated with this reporting unit to be completely impaired during fiscal year 2013. Since we did not own 100% of RJES as of the goodwill impairment testing date, for the year ended September 30, 2013 the effect of this impairment expense on the pre-tax income attributable to Raymond James Financial, Inc. is approximately $4.6 million and the portion of the impairment expense attributable to the noncontrolling interests is approximately $2.3 million.
Quantitative Analysis of Goodwill	'
	The following summarizes certain key assumptions utilized in our quantitative analysis performed in the prior fiscal year:
									Key assumptions
														Weight assigned to the outcome of:
	Segment		Reporting unit		Goodwill as of the impairment testing date (in thousands)				Discount rate used in the income approach			Multiple applied to revenue/EPS in the market approach		Income approach			Market approach
	Private client group:		MK & Co. - PCG		$	126,486			14	%		0.5x/10.0x		50	%		50	%
			RJ&A - PCG		31,954				13	%		0.5x/13.5x		50	%		50	%
			RJ Ltd. - PCG		16,144				18	%		1.0x/12.0x		50	%		50	%
					$	174,584
	Capital markets:		RJ&A - fixed income		$	77,325			14	%		1.0x/9.0x		50	%		50	%
			RJ Ltd. - equity capital markets		16,893				20	%		1.1x/11.0x		50	%		50	%
			MK & Co. - fixed income		13,646				16	%		0.9x/8.0x		50	%		50	%
			RJ&A - equity capital markets		13,038				15	%		0.3x/7.0x		50	%		50	%
					120,902
	Total				$	295,486
Schedule of Net Amortizable Intangible Assets	'
	The following table sets forth our identifiable intangible asset balances by segment, net of accumulated amortization, and activity for the years indicated:
		Segment
		Private client group				Capital markets				Asset management				RJ Bank				Total
		(in thousands)
	Net identifiable intangible assets as of September 30, 2011	$	210			$	833			$	—			$	—			$	1,043
	Additions(1)	10,000				55,000				—				—				65,000
	Amortization expense	(381		)		(4,527		)		—				—				(4,908		)
	Impairment losses	—				—				—				—				—
	Net identifiable intangible assets as of September 30, 2012	$	9,829			$	51,306			$	—			$	—			$	61,135
	Additions	—				—				13,329			(2)	1,085			(3)	14,414
	Amortization expense	(638		)		(7,832		)		(1,000		)		(101		)		(9,571		)
	Impairment losses	—				—				—				—				—
	Net identifiable intangible assets as of September 30, 2013	$	9,191			$	43,474			$	12,329			$	984			$	65,978
	Additions	—				—				—				408			(3)	408
	Amortization expense	(580		)		(5,499		)		(1,333		)		(199		)		(7,611		)
	Impairment losses	—				—				—				—				—
	Net identifiable intangible assets as of September 30, 2014	$	8,611			$	37,975			$	10,996			$	1,193			$	58,775
	-1	The fiscal year 2012 additions are directly attributable to the identified intangible assets associated with the Morgan Keegan acquisition, see Note 3 for further information regarding the acquisition.
	-2	This fiscal year 2013 addition is directly attributable to the customer list asset associated with our first quarter fiscal year 2013 acquisition of a 45% interest in ClariVest (see Note 3 for additional information). Since we are consolidating ClariVest, the amount represents the entire customer relationship intangible asset associated with the acquisition transaction; the amount shown is unadjusted by the 55% share of ClariVest attributable to others.
	-3	The additions are the result of mortgage servicing rights held by RJ Bank. The estimated useful life associated with these additions is approximately 10 years.
Schedule of Finite-Lived Intangible Assets by Major Class	'
	Identifiable intangible assets by type are presented below:
		September 30, 2014								September 30, 2013
		Gross carrying value				Accumulated amortization				Gross carrying value				Accumulated amortization
		(in thousands)
	Customer relationships	$	65,957			$	(13,875	)		$	65,957			$	(8,663	)
	Trade name	2,000				(2,000		)		2,000				(2,000		)
	Developed technology	11,000				(5,500		)		11,000				(3,300		)
	Non-compete agreements	1,000				(1,000		)		1,000				(1,000		)
	Mortgage servicing rights	1,493				(300		)		1,085				(101		)
	Total	$	81,450			$	(22,675	)		$	81,042			$	(15,064	)
Schedule of Projected Amortization Expense	'
	Projected amortization expense by fiscal year associated with the identifiable intangible assets as of September 30, 2014 is as follows:
	Fiscal year ended September 30,		(in thousands)
	2015		$	7,469
	2016		7,289
	2017		6,177
	2018		5,065
	2019		5,056
	Thereafter		27,719
			$	58,775

BANK_DEPOSITS_Tables

BANK DEPOSITS (Tables)	12 Months Ended
	Sep. 30, 2014
Deposits [Abstract]	'
Summary of Bank Deposits	'
	The following table presents a summary of bank deposits including the weighted-average rate:
		September 30, 2014				September 30, 2013
		Balance		Weighted-average rate (1)		Balance			Weighted-average rate (1)
		($ in thousands)
	Bank deposits:
	NOW accounts	$	5,792	0.01	%	$	7,003		0.01	%
	Demand deposits (non-interest-bearing)	8,386		—		8,555			—
	Savings and money market accounts	9,670,043		0.02	%	8,966,439			0.02	%
	Certificates of deposit	344,703		1.81	%	313,374			1.96	%
	Total bank deposits(2)	$	10,028,924	0.09	%	$	9,295,371		0.09	%
	-1	Weighted-average rate calculation is based on the actual deposit balances at September 30, 2014 and 2013, respectively.
	-2	Bank deposits exclude affiliate deposits of approximately $509 million (which includes $500 million held in a deposit account on behalf of RJF, see Note 30) at September 30, 2014, and $6 million at September 30, 2013.
Scheduled Maturities of Certificates of Deposit	'
	Scheduled maturities of certificates of deposit are as follows:
		September 30, 2014					September 30, 2013
		Denominations		Denominations			Denominations			Denominations
		greater than or		less than $100,000			greater than or			less than $100,000
		equal to $100,000					equal to $100,000
		(in thousands)
	Three months or less	$	11,761	$	9,482		$	7,343		$	8,540
	Over three through six months	9,067		10,317			5,908			6,264
	Over six through twelve months	15,809		21,002			9,459			13,976
	Over one through two years	33,366		27,722			31,123			37,918
	Over two through three years	45,842		33,529			33,404			27,873
	Over three through four years	35,362		11,301			47,822			35,270
	Over four through five years	55,556		24,587			36,574			11,900
	Total	$	206,763	$	137,940		$	171,633		$	141,741
Interest Expense on Deposits	'
	Interest expense on deposits is summarized as follows:
		Year ended September 30,
		2014		2013			2012
		(in thousands)
	Certificates of deposit	$	6,126	$	6,239		$	6,501
	Money market, savings and NOW accounts	1,833		2,793			2,983
	Total interest expense on deposits	$	7,959	$	9,032		$	9,484

OTHER_BORROWINGS_Tables

OTHER BORROWINGS (Tables)	12 Months Ended
	Sep. 30, 2014
Other Borrowings [Abstract]	'
Schedule of Other Borrowings	'
	The following table details the components of other borrowings:
		September 30,
		2014			2013
		(in thousands)
	Other borrowings:
	FHLB advances	$	500,000	(1)	$	—
	Borrowings on secured lines of credit (2)	154,700			84,076
	Borrowings on ClariVest revolving credit facility	216		(3)	—
	Borrowings on unsecured lines of credit (4)	—			—
	Total other borrowings	$	654,916		$	84,076
	-1	Borrowings from the FHLB at September 30, 2014 are comprised of two $250 million floating-rate advances. The weighted average interest rate on these advances is 0.20% at September 30, 2014. These advances are secured by a blanket lien granted to the FHLB on RJ Bank’s residential loan portfolio and mature in September 2017. The interest rate resets on a monthly basis for one of the advances, and a quarterly basis for the other. RJ Bank has the option to prepay each advance without penalty on each interest reset date.
	-2	Other than a $5 million borrowing outstanding on the Regions Credit Facility (as hereinafter defined) as of both September 30, 2014 and 2013, any borrowings on secured lines of credit are day-to-day and are generally utilized to finance certain fixed income securities.
	A subsidiary of RJF (the “Borrower”) is a party to a Revolving Credit Agreement (the “Regions Credit Facility”) with Regions Bank. The Regions Credit Facility provides for a revolving line of credit from Regions Bank to the Borrower and is subject to a guarantee in favor of Regions Bank provided by RJF. The proceeds from any borrowings under the line are used for working capital and general corporate purposes. The obligations under the Regions Credit Facility are secured by, subject to certain exceptions, all of the present and future ARS owned by the Borrower (the “Pledged ARS”). The amount of any borrowing under the Regions Credit Facility cannot exceed the lesser of 70% of the value of the Pledged ARS, or $100 million. The maximum amount available to borrow was $92.4 million and the outstanding borrowings were $5 million as of September 30, 2014. The Regions Credit Facility bears interest at a variable rate which is 2.75% over LIBOR. The facility expires on April 2, 2015.
	-3	The outstanding balance on the revolving line of credit provided to ClariVest by a third party lender (the “ClariVest Facility”). The maximum amount available to borrow under ClariVest Facility is $500 thousand, bearing interest at a variable rate which is 1% over the lenders prime rate. The ClariVest Facility expires on September 10, 2018.
	-4	Any borrowings on unsecured lines of credit are day-to-day and are generally utilized for cash management purposes.

LOANS_PAYABLE_OF_CONSOLIDATED_1

LOANS PAYABLE OF CONSOLIDATED VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Sep. 30, 2014
Loans Payable of Consolidated Variable Interest Entities [Abstract]	'
Variable Interest Entities' Loans Payable	'
	VIEs’ loans payable are presented below:
		September 30,
		2014			2013
		(in thousands)
	Current portion of loans payable	$	17,949		$	19,061
	Long-term portion of loans payable	25,928			43,877
	Total loans payable	$	43,877		$	62,938
Contractual Maturities of Variable Interest Entities' Borrowings	'
	The principal amount of the VIEs’ borrowings as of September 30, 2014, mature as follows based on their contractual terms:
	Fiscal year ended September 30,		(in thousands)
	2015		$	17,949
	2016		13,331
	2017		8,240
	2018		3,668
	2019		689
	Total		$	43,877

CORPORATE_DEBT_Tables

CORPORATE DEBT (Tables)	12 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Corporate Debt	'
	The following summarizes our corporate debt:
		September 30,
		2014			2013
		(in thousands)
	Mortgage notes payable (1)	$	41,802		$	45,662
	4.25% senior notes, due 2016, net of unamortized discount of $154 thousand and $255 thousand at September 30, 2014 and 2013, respectively (2)	249,846			249,745
	8.60% senior notes, due 2019, net of unamortized discount of $25 thousand and $30 thousand at September 30, 2014 and 2013, respectively (3)	299,975			299,970
	5.625% senior notes, due 2024, net of unamortized discount of $787 thousand and $869 thousand at September 30, 2014 and 2013, respectively (4)	249,213			249,131
	6.90% senior notes, due 2042 (5)	350,000			350,000
	Total corporate debt	$	1,190,836		$	1,194,508
	-1	Mortgage notes payable pertain to mortgage loans on our headquarters office complex. These mortgage loans are secured by land, buildings, and improvements with a net book value of $50.5 million at September 30, 2014.  These mortgage loans bear interest at 5.7% with repayment terms of monthly interest and principal debt service and have a January 2023 maturity.
	-2	In April 2011, we sold in a registered underwritten public offering, $250 million in aggregate principal amount of 4.25% senior notes due April 2016.  Interest on these senior notes is payable semi-annually.  We may redeem some or all of these senior notes at any time prior to their maturity at a redemption price equal to the greater of (i) 100% of the principal amount of the notes to be redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 30 basis points, plus accrued and unpaid interest thereon to the redemption date.
	-3	In August 2009, we sold in a registered underwritten public offering, $300 million in aggregate principal amount of 8.60% senior notes due August 2019. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 50 basis points, plus accrued and unpaid interest thereon to the redemption date.
	-4	In March 2012, we sold in a registered underwritten public offering, $250 million in aggregate principal amount of 5.625% senior notes due April 2024. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 50 basis points, plus accrued and unpaid interest thereon to the redemption date.
	-5	In March 2012, we sold in a registered underwritten public offering, $350 million in aggregate principal amount of 6.90% senior notes due March 2042. Interest on these senior notes is payable quarterly in arrears. On or after March 15, 2017, we may redeem some or all of the senior notes at any time at the redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued interest thereon to the redemption date.
Schedule of Maturities of Corporate Debt	'
	Our corporate debt as of September 30, 2014, matures as follows based on its contractual terms:
	Fiscal year ended September 30,		(in thousands)
	2015		$	4,086
	2016		254,171
	2017		4,578
	2018		4,846
	2019		305,105
	Thereafter		618,050
	Total		$	1,190,836

DERIVATIVE_FINANCIAL_INSTRUMEN1

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Notional and Fair Value Amounts of Asset and Liability Derivatives, by Balance Sheet Location	'
	See the table below for the notional and fair value amounts of both the asset and liability derivatives.
		Asset derivatives
		September 30, 2014								September 30, 2013
		Balance sheet		Notional			Fair			Balance sheet		Notional		Fair
		location		amount			value(1)			location		amount		value(1)
		(in thousands)
	Derivatives designated as hedging instruments:
	Forward foreign exchange contracts	Prepaid expenses and other assets		$	609,018		$	2,101		Prepaid expenses and other assets		$	—	$	—
	Derivatives not designated as hedging instruments:
	Interest rate contracts(2)	Trading instruments		$	2,198,357		$	89,923		Trading instruments		$	2,407,387	$	89,633
	Interest rate contracts(3)	Derivative instruments associated with offsetting matched book positions		$	1,796,288		$	323,337		Derivative instruments associated with offsetting matched book positions		$	1,944,408	$	250,341
	Forward foreign exchange contracts	Prepaid expenses and other assets		$	105,179		$	361		Prepaid expenses and other assets		$	—	$	—
		Liability derivatives
		September 30, 2014								September 30, 2013
		Balance sheet		Notional			Fair			Balance sheet		Notional		Fair
		location		amount			value(1)			location		amount		value(1)
		(in thousands)
	Derivatives designated as hedging instruments:
	Forward foreign exchange contracts	Trade and other payables		$	—		$	—		Trade and other payables		$	655,828	$	637
	Derivatives not designated as hedging instruments:
	Interest rate contracts(2)	Trading instruments sold		$	2,185,085		$	75,668		Trading instruments sold		$	2,420,531	$	74,920
	Interest rate contracts(3)	Derivative instruments associated with offsetting matched book positions		$	1,796,288		$	323,337		Derivative instruments associated with offsetting matched book positions		$	1,944,408	$	250,341
	Forward foreign exchange contracts	Trade and other payables		$	—		$	—		Trade and other payables		$	79,588	$	77
	-1	The fair value in this table is presented on a gross basis before netting of cash collateral and before any netting by counterparty according to our legally enforceable master netting arrangements. The fair value in the Consolidated Statements of Financial Condition is presented net. See Note 19 for additional information regarding offsetting asset and liability balances.
	(2)These contracts arise from our OTC Derivatives Operations.
	(3)These contracts arise from our Offsetting Matched Book Derivatives Operations.
Amount of Gain (Loss) on Derivatives Recognized in Income	'
	The table below sets forth the impact of the derivatives not designated as hedging instruments on the Consolidated Statements of Income and Comprehensive Income:
					Amount of gain (loss) on derivatives recognized in income
					Year ended September 30,
			Location of gain (loss)		2014			2013			2012
			recognized on derivatives in the
			Consolidated Statements of
			Income and Comprehensive Income
					(in thousands)
	Derivatives not designated as hedging instruments:
	Interest rate contracts(1)		Net trading profit		$	1,554		$	993		$	(116	)
	Interest rate contracts (2)		Other revenues		$	712		$	225		$	835
	Forward foreign exchange contracts		Other revenues		$	5,694		$	1,577		$	(591	)
	-1	These contracts arise from our OTC Derivatives Operations.
	-2	These contracts arise from our Offsetting Matched Book Derivatives Operations.

DISCLOSURE_OF_OFFSETTING_ASSET1

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL AND ENCUMBERED ASSETS (Tables)	12 Months Ended
	Sep. 30, 2014
Disclosure of Offsetting Assets and Liabilities, Collateral and Encumbered Assets [Abstract]	'
Offsetting assets and liabilities	'
	The following table presents information about the financial and derivative instruments that are offset or subject to an enforceable master netting arrangement or other similar agreement as of the dates indicated:
													Gross amounts not offset in the Statements of Financial Condition
			Gross amounts of recognized assets (liabilities)				Gross amounts offset in the Statements of Financial Condition			Net amounts presented in the Statements of Financial Condition			Financial instruments				Cash collateral received (paid)		Net amount
			(in thousands)
	As of September 30, 2014:
	Assets
	Securities purchased under agreements to resell and other collateralized financings		$	446,016			$	—		$	446,016		$	(446,016	)	(1)	$	—	$	—
	Derivatives - interest rate contracts(2)		89,923				(61,718		)	28,205			(3,877		)		—		24,328
	Derivative instruments associated with offsetting matched book positions		323,337				—			323,337			(323,337		)	(3)	—		—
	Derivatives - forward foreign exchange contracts(4)		2,462				—			2,462			—				—		2,462
	Stock borrowed		158,988				—			158,988			(153,261		)		—		5,727
	Total assets		$	1,020,726			$	(61,718	)	$	959,008		$	(926,491	)		$	—	$	32,517
	Liabilities
	Securities sold under agreements to repurchase		$	(244,495	)		$	—		$	(244,495	)	$	244,495		(5)	$	—	$	—
	Derivatives - interest rate contracts(2)		(75,668		)		63,296			(12,372		)	—				—		(12,372		)
	Derivative instruments associated with offsetting matched book positions		(323,337		)		—			(323,337		)	323,337			(3)	—		—
	Stock loaned		(417,383		)		—			(417,383		)	402,180				—		(15,203		)
	Total liabilities		$	(1,060,883	)		$	63,296		$	(997,587	)	$	970,012			$	—	$	(27,575	)
	As of September 30, 2013:
	Assets
	Securities purchased under agreements to resell and other collateralized financings		$	709,120			$	—		$	709,120		$	(709,120	)	(1)	$	—	$	—
	Derivatives - interest rate contracts(2)		89,633				(61,524		)	28,109			(6,409		)		—		21,700
	Derivative instruments associated with offsetting matched book positions		250,341				—			250,341			(250,341		)	(3)	—		—
	Stock borrowed		146,749				—			146,749			(143,108		)		—		3,641
	Total assets		$	1,195,843			$	(61,524	)	$	1,134,319		$	(1,108,978	)		$	—	$	25,341
	Liabilities
	Securities sold under agreements to repurchase		$	(300,933	)		$	—		$	(300,933	)	$	300,933		(5)	$	—	$	—
	Derivatives - interest rate contracts(2)		(74,920		)		69,279			(5,641		)	—				—		(5,641		)
	Derivative instruments associated with offsetting matched book positions		(250,341		)		—			(250,341		)	250,341			(3)	—		—
	Derivatives - forward foreign exchange contracts(6)		(714		)		—			(714		)	—				—		(714		)
	Stock loaned		(354,377		)		—			(354,377		)	342,096				—		(12,281		)
	Total liabilities		$	(981,285	)		$	69,279		$	(912,006	)	$	893,370			$	—	$	(18,636	)
	The text of the footnotes in the above table are on the following page.
	The text of the footnotes to the table on the previous page are as follows:
	-1	We are over-collateralized since the actual amount of financial instruments pledged as collateral for securities purchased under agreements to resell and other collateralized financings amounts to $463.7 million and $725.9 million as of September 30, 2014 and 2013, respectively.
	-2	Derivatives - interest rate contracts are included in Trading instruments on our Consolidated Statements of Financial Condition. See Note 18 for additional information.
	-3	Although these derivative arrangements do not meet the definition of a master netting arrangement as specified by GAAP, the nature of the agreement with the third party intermediary include terms that are similar to a master netting agreement, thus we present the offsetting amounts net in the table above. See Note 18 for further discussion of the “pass through” structure of the derivative instruments associated with Offsetting Matched Book Derivatives Operations.
	-4	As of September 30, 2014, the fair value of the forward foreign exchange contract derivatives are in an asset position, and are included in prepaid expenses and other assets on our Consolidated Statements of Financial Condition. See Note 18 for additional information.
	-5	We are over-collateralized since the actual amount of financial instruments pledged as collateral for securities sold under agreements to repurchase amounts to $253.7 million and $313.5 million as of September 30, 2014 and 2013, respectively.
	-6	As of September 30, 2013, the fair value of the forward foreign exchange contract derivatives are in a liability position, and are included in trade and other payables on our Consolidated Statements of Financial Condition. See Note 18 for additional information.
Collateral	'
	The table below presents financial instruments at fair value, that we received as collateral, are not included on our Consolidated Statements of Financial Condition, and that were available to be delivered or repledged, along with the balances of such instruments that were used to deliver or repledge, to satisfy one of our purposes described above:
		September 30, 2014				September 30, 2013
		(in thousands)
	Collateral we received that is available to be delivered or repledged	$	2,178,868			$	2,315,701
	Collateral that we delivered or repledged	879,071			(1)	897,879			(2)
	-1	The collateral delivered or repledged as of September 30, 2014, includes client margin securities which we pledged with a clearing organization in the amount of $138.8 million which were applied against our requirement of $116.5 million.
	-2	The collateral delivered or repledged as of September 30, 2013, includes client margin securities which we pledged with a clearing organization in the amount of $189.4 million which were applied against our requirement of $128.5 million.
Encumbered assets	'
	The table below presents information about the fair value of our assets that have been pledged for one of the purposes described above:
		September 30, 2014				September 30, 2013
		(in thousands)
	Financial instruments owned, at fair value, pledged to counterparties that:
	Had the right to deliver or repledge	$	394,746			$	332,079
	Did not have the right to deliver or repledge	50,983			(1)	91,320			(2)
	-1	Assets delivered or repledged as of September 30, 2014, includes securities which we pledged with a clearing organization in the amount of $18.9 million which were applied against our requirement of $116.5 million (client margin securities we pledged which are described in the preceding table constitute the remainder of the assets pledged to meet the requirement).
	-2	Assets delivered or repledged as of September 30, 2013, includes securities which we pledged with a clearing organization in the amount of $18 million which were applied against our requirement of $128.5 million (client margin securities we pledged which are described in the preceding table constitute the remainder of the assets pledged to meet the requirement).

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Allocation of Income Taxes	'
	Total income taxes are allocated as follows:
		Year ended September 30,
		2014			2013				2012
		(in thousands)
	Recorded in:
	Income including noncontrolling interests	$	267,797		$	197,033			$	175,656
	Equity, for compensation expense for tax purposes (in excess of) less than amounts recognized for financial reporting purposes	(7,437		)	(2,590		)		(2,613		)
	Equity, for cumulative currency translation adjustments and net investment hedges	15,142			6,861				(5,741		)
	Equity, for available for sale securities	3,694			8,986				7,611
	Total	$	279,196		$	210,290			$	174,913
Provision (Benefit) for Income Taxes	'
	Our provision (benefit) for income taxes consists of the following:
		Year ended September 30,
		2014			2013				2012
		(in thousands)
	Current:
	Federal	$	260,504		$	182,862			$	133,890
	State and local	29,904			37,491				29,141
	Foreign	12,560			8,469				10,581
		302,968			228,822				173,612
	Deferred:
	Federal	(35,262		)	(25,673		)		3,939
	State and local	(410		)	(5,023		)		372
	Foreign	501			(1,093		)		(2,267		)
		(35,171		)	(31,789		)		2,044
	Total provision for income tax	$	267,797		$	197,033			$	175,656
Reconciliation Between Income Tax Expense and the Amount Computed by Applying the Statutory Federal Income Tax Rate	'
	Our income tax expense differs from the amount computed by applying the statutory federal income tax rate of 35% due to the following:
		Year ended September 30,
		2014						2013						2012
		Amount			%			Amount				%		Amount			%
		($ in thousands)
	Provision calculated at statutory rate	$	261,816		35	%		$	197,466			35	%	$	165,034		35	%
	State income tax, net of federal benefit	18,826			2.5	%		21,662				3.8	%	19,566			4.1	%
	Tax-exempt interest income	(2,146		)	(0.3	)%		(2,074		)		(0.4	)%	(2,291		)	(0.5	)%
	Income on company-owned life insurance which is not subject to tax	(6,365		)	(0.8	)%		(7,809		)		(1.3	)%	(8,318		)	(1.8	)%
	Business tax credits including low income housing tax credits	(3,910		)	(0.5	)%		(1,056		)		(0.2	)%	(1,830		)	(0.4	)%
	Business expenses which are not tax-deductible	5,691			0.8	%		4,920				0.9	%	3,752			0.8	%
	Incentive stock option expenses which are not tax-deductible	2,681			0.4	%		2,471				0.4	%	2,843			0.6	%
	Reversal of deferred taxes provided on foreign earnings (1)	—			—			(10,676		)		(1.9	)%	—			—
	Other, net	(8,796		)	(1.3	)%		(7,871		)		(1.4	)%	(3,100		)	(0.5	)%
	Total provision for income tax	$	267,797		35.8	%		$	197,033			34.9	%	$	175,656		37.3	%
	-1	Prior to fiscal year 2013, we had historically provided deferred taxes for the presumed repatriation to the U.S. of earnings from certain foreign subsidiaries. In fiscal year 2013, management changed its assertion related to the earnings of one of our Canadian subsidiaries resulting in a prior year decrease in deferred tax liabilities related to undistributed foreign earnings.
U.S. and Foreign Components of Income Before Income Taxes	'
	U.S. and foreign components of income excluding noncontrolling interests and before provision for income taxes are as follows:
		Year ended September 30,
		2014			2013				2012
		(in thousands)
	U.S.	$	705,878		$	550,113			$	456,175
	Foreign	42,167			14,074				15,350
	Income excluding noncontrolling interest and before provision for income taxes	$	748,045		$	564,187			$	471,525
Deferred Tax Asset (Liability) Items	'
	The cumulative effects of temporary differences that give rise to significant portions of the deferred tax asset (liability) items are as follows:
		September 30,
		2014			2013
		(in thousands)
	Deferred tax assets:
	Deferred compensation	$	150,392		$	128,801
	Allowances for loan losses and reserves for unfunded commitments	59,078			55,659
	Unrealized loss associated with certain available for sale securities	9,230			15,437
	Accrued expenses	32,633			28,868
	Acquisition expense	3,708			3,618
	Net operating loss and credit carryforwards	1,204			1,336
	Fixed assets	1,885			—
	Other	23,037			14,572
	Total gross deferred tax assets	281,167			248,291
	Less: valuation allowance	(9		)	(9		)
	Total deferred tax assets	281,158			248,282
	Deferred tax liabilities:
	Partnership investments	(19,295		)	(24,245		)
	Goodwill and other intangibles	(16,925		)	(12,469		)
	Undistributed earnings of foreign subsidiaries	(11,197		)	(9,344		)
	Fixed assets	—			(5,082		)
	Other	(2,416		)	(1,982		)
	Total deferred tax liabilities	(49,833		)	(53,122		)
	Net deferred tax assets	$	231,325		$	195,160
Aggregate Changes in Liability for Unrecognized Tax Benefits	'
	The aggregate changes in the balances for unrecognized tax benefits are as follows:
		Year ended September 30,
		2014			2013 (1)				2012 (1)
		(in thousands)
	Balance for unrecognized tax benefits at beginning of year	$	13,663		$	9,473			$	3,408
	Increases for tax positions related to the current year	3,228			2,020				1,434
	Increases for tax positions related to prior years (2)	2,455			3,107				5,327
	Decreases for tax positions related to prior years	(1,642		)	(284		)		(256		)
	Decreases due to lapsed statute of limitations	(1,218		)	(653		)		(440		)
	Decreases related to settlements	(682		)	—				—
	Balance for unrecognized tax benefits at end of year	$	15,804		$	13,663			$	9,473
	-1	The amounts presented have been revised from those reported in the prior year to exclude interest and penalties for fiscal years ending September 30, 2013 and 2012 in the amounts of $5.1 million and $3.2 million, respectively. The revised amounts more clearly reflect changes in unrecognized tax benefits in each respective period shown.
	-2	The increases are due to tax positions taken in previously filed tax returns with certain states. We continue to evaluate these positions and intend to contest the proposed adjustments made by taxing authorities.

OTHER_COMPREHENSIVE_LOSS_INCOM1

OTHER COMPREHENSIVE (LOSS) INCOME (Tables)	12 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Activity in Other Comprehensive Income and Related Tax Effects	'
	The activity in other comprehensive (loss) income and related tax effects are as follows:
		Year ended September 30,
		2014				2013			2012
		(in thousands)
	Net unrealized gain on available for sale securities, (net of tax effect of $3.7 million in fiscal year 2014, $9 million in fiscal year 2013, and $7.6 million in fiscal year 2012)	$	6,021			$	15,042		$	12,886
	Net change in currency translations and net investment hedges (net of a tax effect of $15.1 million in fiscal year 2014, $6.9 million in fiscal year 2013 and ($5.7) million in fiscal year 2012)	(18,635		)		(13,763		)	6,166
	Other comprehensive (loss) income	$	(12,614	)		$	1,279		$	19,052
Components of Accumulated Other Comprehensive Income, Net of Income Taxes	'
	The components of accumulated other comprehensive income, net of income taxes, as of September 30, 2013 are as follows:
		September 30, 2013
		(in thousands)
	Net unrealized loss on available for sale securities, (net of tax effects of ($700) thousand at September 30, 2013)	$	(1,276	)
	Net currency translations and net investment hedges (net of a tax effect of $1.1 million at September 30, 2013) (1)	12,002
	Accumulated other comprehensive income	$	10,726
	(1) Includes net gains recognized on forward foreign exchange derivatives of $14 million for the year ended September 30, 2013 (see Note 18 for additional information).
	The following table presents the after-tax changes in each component of accumulated other comprehensive (loss) income for the fiscal year ended September 30, 2014:
		Year ended September 30, 2014
		Unrealized gain (loss) on available for sale securities				Net currency translations and net investment hedges (1)			Total
		(in thousands)
	Accumulated other comprehensive income as of September 30, 2013	$	(1,276	)		$	12,002		$	10,726
	Other comprehensive (loss) income before reclassifications	9,004				(18,635		)	(9,631		)
	Amounts reclassified from accumulated other comprehensive (loss) income	(2,983		)		—			(2,983		)
	Net other comprehensive (loss) income for the year	6,021				(18,635		)	(12,614		)
	Accumulated other comprehensive (loss) income as of September 30, 2014	$	4,745			$	(6,633	)	$	(1,888	)
	-1	Includes net gains recognized on forward foreign exchange derivatives associated with hedges of RJ Bank’s foreign currency exposure due to its non-U.S. dollar net investments (see Note 18 for additional information on these derivatives).
Reclassification out of Accumulated Other Comprehensive Income	'
	The following table presents the income statement line items impacted by reclassifications out of accumulated other comprehensive (loss) income during the year ended September 30, 2014:
	Accumulated other comprehensive (loss) income components:		Increase (decrease) in amounts reclassified from accumulated other comprehensive (loss) income				Affected line items in income statement
			Year ended September 30, 2014
			(in thousands)
	Available for sale securities: (1)
	Auction rate securities (2)		$	(4,614	)		Other revenue
	RJ Bank available for sale securities (3)		(235		)		Other revenue
			(4,849		)		Total before tax
			1,866				Provision for income taxes
	Total reclassifications for the period		$	(2,983	)		Net of tax
	-1	See Note 7 for additional information regarding the available for sale securities, and Note 5 for additional fair value information regarding these securities.
	-2	For the year ended September 30, 2014, other revenues include realized gains on the redemption or sale of ARS in the amount of $7.1 million, (see Note 7 for further information). The amounts presented in the table represent the reversal out of AOCI associated with such ARS’ redeemed or sold. The net of such realized gain and this reversal out of AOCI represents the net effect of such redemptions and sales activities on other comprehensive (loss) income (“OCI”) for each respective period, on a pre-tax basis.
	-3	For the year ended September 30, 2014, other revenues include realized gains on the sale of certain available for sale securities held by RJ Bank in the amount of $264 thousand (see Note 7 for further information). The amounts presented in the table represent the reversal out of AOCI associated with such securities sold. The net of such realized gain and this reversal out of AOCI represents the net effect of such sales activities on OCI for each respective period, on a pre-tax basis.
	All of the components of other comprehensive (loss) income described above, net of tax, are attributable to RJF.

INTEREST_INCOME_AND_INTEREST_E1

INTEREST INCOME AND INTEREST EXPENSE (Tables)	12 Months Ended
	Sep. 30, 2014
Interest Income (Expense), Net [Abstract]	'
Interest Income and Interest Expense	'
	The components of interest income and interest expense are as follows:
			Year ended September 30,
			2014			2013			2012
		(in thousands)
	Interest income:
	Margin balances		$	68,454		$	60,931		$	60,104
	Assets segregated pursuant to regulations and other segregated assets		15,441			17,251			16,050
	Bank loans, net of unearned income		343,942			335,964			319,211
	Available for sale securities		6,560			8,005			9,076
	Trading instruments		17,883			20,089			20,977
	Stock loan		8,731			8,271			9,110
	Loans to financial advisors		6,427			6,510			4,797
	Corporate cash and all other		13,448			16,578			13,933
	Total interest income		480,886			473,599			453,258
	Interest expense:
	Brokerage client liabilities		1,269			2,049			2,213
	Retail bank deposits		7,959			9,032			9,484
	Trading instruments sold but not yet purchased		4,327			3,595			2,437
	Stock borrow		2,869			2,158			1,976
	Borrowed funds		3,939			4,724			5,915
	Senior notes		76,038			76,113			58,523
	Interest expense of consolidated VIEs		2,900			3,959			5,032
	Other		4,790			8,741			5,789
	Total interest expense		104,091			110,371			91,369
	Net interest income		376,795			363,228			361,889
	Subtract: provision for loan losses		(13,565		)	(2,565		)	(25,894		)
	Net interest income after provision for loan losses		$	363,230		$	360,663		$	335,995

EMPLOYEE_SHAREBASED_AND_OTHER_1

EMPLOYEE SHARE-BASED AND OTHER COMPENSATION (Tables)	12 Months Ended
	Sep. 30, 2014
Stock Options	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Expense and Income Tax Benefits Related to Awards	'
	Expense and income tax benefits related to our stock options awards granted to employees and members of our Board of Directors are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	9,068			$	8,382			$	9,623
	Income tax benefits related to share-based expense	667				596				701
Weighted-Average Assumptions Used for Stock Option Grants	'
	The fair value of each fixed option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following weighted-average assumptions used for stock option grants in the fiscal years ended September 30, 2014, 2013 and 2012:
		Year ended September 30,
		2014			2013			2012
	Dividend yield	1.33	%		1.37	%		1.84	%
	Expected volatility	39.84	%		39.38	%		45.17	%
	Risk-free interest rate	1.43	%		0.67	%		0.91	%
	Expected lives (in years)	5.5			5.5			4.6
Summary of Option Activity	'
	A summary of option activity for grants to employees and members of our Board of Directors for the fiscal year ended September 30, 2014 is presented below:
		Options		Weighted- average exercise			Weighted- average remaining contractual	Aggregate intrinsic
		for shares		price ($)			term (years)	value ($)
	Outstanding at October 1, 2013	3,842,809		$	28.92
	Granted	947,350		48.26
	Exercised	(617,969	)	24.91
	Forfeited	(110,730	)	33.91
	Outstanding at September 30, 2014	4,061,460		33.9			3.28	$	79,921,605
	Exercisable at September 30, 2014	510,623		$	26.14		0.83	$	14,010,265
Option Activity, Additional Disclosures	'
	The following stock option activity occurred under the 2012 Plan for grants to employees and members of our Board of Directors:
		Year ended September 30,
		2014				2013				2012
		(in thousands, except per option amounts)
	Weighted-average grant date fair value per option	$	16.21			$	12.06			$	9.67
	Total intrinsic value of stock options exercised	15,570				14,240				3,222
	Total grant date fair value of stock options vested	5,004				11,598				3,965
Restricted Stock	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Expense and Income Tax Benefits Related to Awards	'
	Expense and income tax benefits related to our restricted stock awards are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	54,666			$	48,621			$	39,588
	Income tax benefits related to share-based expense	19,105				16,607				13,186
	Expense and income tax benefits related to our restricted stock awards granted to our independent contractor financial advisors are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	317			$	829			$	2,062
	Income tax benefits related to share-based expense	121				315				783
Summary of Option Activity	'
	The following activity for our independent contractor financial advisors occurred during the fiscal year ended September 30, 2014:
		Shares/Units		Weighted- average
				reporting date
				fair value ($)
	Non-vested at October 1, 2013	26,184		$	41.67
	Granted	—
	Vested	(9,392	)
	Forfeited	(1,886	)
	Non-vested at September 30, 2014	14,906		$	53.58
Summary of Restricted Stock and Restricted Stock Units Award Activity	'
	The following activity occurred during the fiscal year ended September 30, 2014:
		Shares/Units		Weighted- average
				grant date
				fair value ($)
	Non-vested at October 1, 2013	5,917,411		$	31.66
	Granted	1,038,882		48.8
	Vested	(1,200,285	)	27.77
	Forfeited	(167,181	)	34.17
	Non-vested at September 30, 2014	5,588,827		$	35.61

NONEMPLOYEE_SHAREBASED_AND_OTH1

NON-EMPLOYEE SHARE-BASED AND OTHER COMPENSATION (Tables)	12 Months Ended
	Sep. 30, 2014
Non Employee Stock Option Plan	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan	'
	Expense and income tax benefits related to stock option grants to our independent contractor financial advisors are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	2,523			$	1,282			$	2,033
	Income tax benefits related to share-based expense	959				487				773
Weighted-Average Assumptions Used for Stock Option Grants	'
	The fair value of each option grant awarded to an independent contractor financial advisor is estimated on the date of grant and periodically revalued using the Black-Scholes option pricing model with the following weighted-average assumptions used for the fiscal years ended September 30, 2014, 2013 and 2012:
		Year ended September 30,
		2014			2013			2012
	Dividend yield	1.19	%		1.34	%		1.52	%
	Expected volatility	40.27	%		39.88	%		43.84	%
	Risk-free interest rate	1.78	%		1.16	%		0.73	%
	Expected lives (in years)	3.43			3.32			3.27
Summary of Option Activity	'
	A summary of independent contractor financial advisors option activity for the fiscal year ended September 30, 2014 is presented below:
		Options		Weighted-average exercise			Weighted-average remaining contractual	Aggregate intrinsic
		for shares		price ($)			term (years)	value ($)
	Outstanding at October 1, 2013	228,250		$	27.88
	Granted	61,925		48.58
	Exercised	(48,750	)	21.79
	Forfeited	(1,800	)	38.2
	Outstanding at September 30, 2014	239,625		$	34.37		3.26	$	4,604,000
	Exercisable at September 30, 2014	7,000		$	18.18		0.15	$	248,000
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range	'
	The following activity for our independent contractor financial advisors occurred:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total intrinsic value of stock options exercised	$	1,329			$	985			$	783
	Total fair value of stock options vested	715				347				1,116
Restricted Stock	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan	'
	Expense and income tax benefits related to our restricted stock awards are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	54,666			$	48,621			$	39,588
	Income tax benefits related to share-based expense	19,105				16,607				13,186
	Expense and income tax benefits related to our restricted stock awards granted to our independent contractor financial advisors are presented below:
		Year ended September 30,
		2014				2013				2012
		(in thousands)
	Total share-based expense	$	317			$	829			$	2,062
	Income tax benefits related to share-based expense	121				315				783
Summary of Option Activity	'
	The following activity for our independent contractor financial advisors occurred during the fiscal year ended September 30, 2014:
		Shares/Units		Weighted- average
				reporting date
				fair value ($)
	Non-vested at October 1, 2013	26,184		$	41.67
	Granted	—
	Vested	(9,392	)
	Forfeited	(1,886	)
	Non-vested at September 30, 2014	14,906		$	53.58

REGULATIONS_AND_CAPITAL_REQUIR1

REGULATIONS AND CAPITAL REQUIREMENTS (Tables)	12 Months Ended
	Sep. 30, 2014
Raymond James Financial Inc	'
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]	'
Summary of Minimum Requirements Under Regulatory Framework	'
	To be categorized as “well capitalized,” RJF must maintain total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the table below.
		Actual						Requirement for capital				To be well capitalized under prompt
								adequacy purposes				corrective action
												provisions
		Amount			Ratio			Amount		Ratio		Amount		Ratio
		($ in thousands)
	RJF as of September 30, 2014:
	Total capital (to risk-weighted assets)	$	3,940,516		20.6	%		$	1,531,178	8	%	$	1,913,973	10	%
	Tier I capital (to risk-weighted assets)	3,775,385			19.7	%		765,589		4	%	1,148,384		6	%
	Tier I capital (to adjusted assets)	3,775,385			16.4	%		919,546		4	%	1,149,433		5	%
	RJF as of September 30, 2013:
	Total capital (to risk-weighted assets)	$	3,445,136		19.8	%		$	1,391,974	8	%	$	1,739,968	10	%
	Tier I capital (to risk-weighted assets)	3,294,595			18.9	%		697,269		4	%	1,045,903		6	%
	Tier I capital (to adjusted assets)	3,294,595			14.5	%		908,854		4	%	1,136,067		5	%
RJ Bank	'
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]	'
Summary of Minimum Requirements Under Regulatory Framework	'
	To be categorized as “well capitalized,” RJ Bank must maintain minimum total risk-based, Tier I risk-based, and Tier I leverage ratios as set forth in the table below.
		Actual						Requirement for capital				To be well capitalized under prompt
								adequacy purposes				corrective action
												provisions
		Amount			Ratio			Amount		Ratio		Amount		Ratio
		($ in thousands)
	RJ Bank as of September 30, 2014:
	Total capital (to risk-weighted assets)	$	1,460,895		12.5	%		$	935,852	8	%	$	1,169,815	10	%
	Tier I capital (to risk-weighted assets)	1,314,374			11.2	%		467,926		4	%	701,889		6	%
	Tier I capital (to adjusted assets)	1,314,374			10.7	%		492,186		4	%	615,232		5	%
	RJ Bank as of September 30, 2013:
	Total capital (to risk-weighted assets)	$	1,234,268		13	%		$	758,996	8	%	$	948,745	10	%
	Tier I capital (to risk-weighted assets)	1,115,113			11.8	%		379,498		4	%	569,247		6	%
	Tier I capital (to adjusted assets)	1,115,113			10.4	%		430,154		4	%	537,692		5	%
Raymond James and Associates Inc	'
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]	'
Net Capital and Risk Adjusted Capital Positions of Certain Businesses and Subsidiaries	'
	The net capital position of our wholly owned broker-dealer subsidiary RJ&A is as follows:
		As of September 30,
		2014			2013
		($ in thousands)
	Raymond James & Associates, Inc.:
	(Alternative Method elected)
	Net capital as a percent of aggregate debit items	24.14		%	23.14		%
	Net capital	$	442,866		$	435,343
	Less: required net capital	(36,694		)	(37,625		)
	Excess net capital	$	406,172		$	397,718
Raymond James Financial Services Inc	'
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]	'
Net Capital and Risk Adjusted Capital Positions of Certain Businesses and Subsidiaries	'
	The net capital position of our wholly owned broker-dealer subsidiary RJFS is as follows:
		As of September 30,
		2014			2013
		(in thousands)
	Raymond James Financial Services, Inc.:
	(Alternative Method elected)
	Net capital	$	23,748		$	18,103
	Less: required net capital	(250		)	(250		)
	Excess net capital	$	23,498		$	17,853
Raymond James Ltd	'
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]	'
Net Capital and Risk Adjusted Capital Positions of Certain Businesses and Subsidiaries	'
	The risk adjusted capital of RJ Ltd. is as follows (in Canadian currency):
		As of September 30,
		2014			2013
		(in thousands)
	Raymond James Ltd.:
	Risk adjusted capital before minimum	$	107,645		$	52,777
	Less: required minimum capital	(250		)	(250		)
	Risk adjusted capital	$	107,395		$	52,527

FINANCIAL_INSTRUMENTS_WITH_OFF1

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)	12 Months Ended
	Sep. 30, 2014
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]	'
Summary of Commitments to Extend Credit and Other Credit-Related Off-Balance Sheet Financial Instruments Outstanding	'
	RJ Bank’s commitments to extend credit and other credit-related off-balance sheet financial instruments outstanding are as follows:
		As of September 30,
		2014		2013
		(in thousands)
	Standby letters of credit	$	100,582	$	122,672
	Open end consumer lines of credit	1,585,717		829,923
	Commercial lines of credit	1,692,896		1,743,594
	Unfunded loan commitments	248,931		216,918

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	12 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Computation of Basic and Diluted Earnings Per Share	'
	The following table presents the computation of basic and diluted earnings per share:
		Year ended September 30,
		2014			2013			2012
		(in thousands, except per share amounts)
	Income for basic earnings per common share:
	Net income attributable to RJF	$	480,248		$	367,154		$	295,869
	Less allocation of earnings and dividends to participating securities (1)	(3,007		)	(4,164		)	(5,958		)
	Net income attributable to RJF common shareholders	$	477,241		$	362,990		$	289,911
	Income for diluted earnings per common share:
	Net income attributable to RJF	$	480,248		$	367,154		$	295,869
	Less allocation of earnings and dividends to participating securities (1)	(2,946		)	(4,100		)	(5,926		)
	Net income attributable to RJF common shareholders	$	477,302		$	363,054		$	289,943
	Common shares:
	Average common shares in basic computation	139,935			137,732			130,806
	Dilutive effect of outstanding stock options and certain restricted stock units	3,654			2,809			985
	Average common shares used in diluted computation	143,589			140,541			131,791
	Earnings per common share:
	Basic	$	3.41		$	2.64		$	2.22
	Diluted	$	3.32		$	2.58		$	2.2
	Stock options and certain restricted stock units excluded from weighted-average diluted common shares because their effect would be antidilutive	1,503			1,153			1,928
	-1	Represents dividends paid during the year to participating securities plus an allocation of undistributed earnings to participating securities. Participating securities represent unvested restricted stock and certain restricted stock units and amounted to weighted-average shares of 887 thousand, 1.6 million and 2.7 million for the years ended September 30, 2014, 2013 and 2012, respectively.  Dividends paid to participating securities amounted to $532 thousand, $800 thousand and $1.4 million for the years ended September 30, 2014, 2013, and 2012 respectively.  Undistributed earnings are allocated to participating securities based upon their right to share in earnings if all earnings for the period had been distributed.
Dividends per Common Share Declared and Paid	'
	Dividends per common share declared and paid are as follows:
			Year ended September 30,
			2014			2013			2012
	Dividends per common share - declared		$	0.64		$	0.56		$	0.52
	Dividends per common share - paid		$	0.62		$	0.55		$	0.52

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	12 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Information Concerning Operations on a Segment Basis	'
	Information concerning operating results in these segments are as follows:
		Year ended September 30,
		2014			2013			2012
		(in thousands)
	Revenues:
	Private Client Group	$	3,276,566		$	2,930,603		$	2,484,670
	Capital Markets	981,572			955,955			828,435
	Asset Management	369,690			292,817			237,224
	RJ Bank	360,317			356,130			345,693
	Other	42,203			126,401			58,412
	Intersegment eliminations	(64,888		)	(66,108		)	(56,534		)
	Total revenues(1)	$	4,965,460		$	4,595,798		$	3,897,900
	Income (loss) excluding noncontrolling interests and before provision for income taxes:
	Private Client Group	$	330,278		$	230,315		$	215,091
	Capital Markets	130,565			102,171			75,755
	Asset Management	128,286			96,300			67,241
	RJ Bank	242,834			267,714			240,158
	Other (2)	(83,918		)	(132,313		)	(126,720		)
	Pre-tax income excluding noncontrolling interests	748,045			564,187			471,525
	Add: net (loss) income attributable to noncontrolling interests	(32,097		)	29,723			(3,604		)
	Income including noncontrolling interests and before provision for income taxes	$	715,948		$	593,910		$	467,921
	-1	No individual client accounted for more than ten percent of total revenues in any of the years presented.
	-2	The Other segment includes acquisition related expenses pertaining to our acquisitions (primarily related to our Morgan Keegan acquisition, see Note 3 for additional information) in the amount of $73.5 million and $59.3 million for the years ended September 30, 2013 and 2012, respectively. For the year ended September 30, 2014, acquisition related expenses are no longer material for separate disclosure as our Morgan Keegan integration activities were substantially complete as of September 30, 2013.
		Year ended September 30,
		2014			2013			2012
		(in thousands)
	Net interest income (expense):
	Private Client Group	$	89,527		$	85,301		$	84,827
	Capital Markets	5,326			4,076			6,641
	Asset Management	92			81			(17		)
	RJ Bank	346,757			338,844			322,024
	Other	(64,907		)	(65,074		)	(51,586		)
	Net interest income	$	376,795		$	363,228		$	361,889
	The following table presents our total assets on a segment basis:
		September 30,
		2014			2013
		(in thousands)
	Total assets:
	Private Client Group (1)	$	6,255,176		$	7,649,030
	Capital Markets (2)	2,645,926			2,548,663
	Asset Management	186,170			149,436
	RJ Bank	12,036,945			10,489,524
	Other	2,201,435			2,349,469
	Total	$	23,325,652		$	23,186,122
	-1	Includes $174.6 million of goodwill at September 30, 2014 and 2013.
	-2	Includes $120.9 million of goodwill at September 30, 2014 and 2013.
Revenues, Income Before Provision for Income Taxes and Excluding Noncontrolling Interests, and Total Assets, Classified by Major Geographic Areas	'
	Revenues and income before provision for income taxes and excluding noncontrolling interests, classified by major geographic areas in which they are earned, are as follows:
		Year ended September 30,
		2014			2013			2012
		(in thousands)
	Revenues:
	United States	$	4,512,808		$	4,177,712		$	3,500,982
	Canada	323,038			310,616			297,348
	Europe	95,865			83,744			78,221
	Other	33,749			23,726			21,349
	Total	$	4,965,460		$	4,595,798		$	3,897,900
	Pre-tax income (loss) excluding noncontrolling interests:
	United States	$	706,366		$	543,093		$	450,731
	Canada	37,947			28,470			29,593
	Europe	(1,546		)	(8,032		)	(1,839		)
	Other	5,278			656			(6,960		)
	Total	$	748,045		$	564,187		$	471,525
	Our total assets, classified by major geographic area in which they are held, are presented below:
		September 30,
		2014			2013
		(in thousands)
	Total assets:
	United States (1)	$	21,469,999		$	21,154,293
	Canada(2)	1,773,703			1,965,648
	Europe	39,872			26,415
	Other	42,078			39,766
	Total	$	23,325,652		$	23,186,122
	-1	Includes $262.5 million of goodwill at September 30, 2014 and 2013.
	-2	Includes $33 million of goodwill at September 30, 2014 and 2013.

CONDENSED_FINANCIAL_INFORMATIO1

CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY) (Tables)	12 Months Ended
	Sep. 30, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]	'
Condensed Statement of Financial Condition	'
	The following table presents the Parent’s statements of financial condition:
		September 30,
		2014				2013
		(in thousands)
	Assets:
	Cash and cash equivalents	$	778,855		(1)	$	274,747
	Intercompany receivables from subsidiaries:
	Bank subsidiary	—				44
	Non-bank subsidiaries (2)	710,318				920,827
	Investments in consolidated subsidiaries:
	Bank subsidiary	1,310,097				1,106,742
	Non-bank subsidiaries	2,302,128				2,393,035
	Property and equipment, net	10,320				10,546
	Goodwill and identifiable intangible assets, net	31,954				31,954
	Other assets	619,616				634,446
	Total assets	$	5,763,288			$	5,372,341
	Liabilities and equity:
	Trade and other	78,994				66,159
	Intercompany payables to subsidiaries:
	Bank subsidiary	45				—
	Non-bank subsidiaries	109,396				217,497
	Accrued compensation and benefits	284,584				276,916
	Corporate debt	1,149,033				1,148,845
	Total liabilities	1,622,052				1,709,417
	Equity	4,141,236				3,662,924
	Total liabilities and equity	$	5,763,288			$	5,372,341
	-1	Of the Parent’s total cash and cash equivalents at September 30, 2014, $500 million is held in a deposit account at RJ Bank.
	-2	Of the total receivable from non-bank subsidiaries, $458 million and $760 million at September 30, 2014 and 2013, respectively, is invested in cash and cash equivalents by the subsidiary on behalf of the Parent.
Condensed Statement of Income	'
	The following table presents the Parent’s statements of income:
		Year ended September 30,
		2014				2013			2012
		(in thousands)
	Revenues:
	Dividends from non-bank subsidiaries	$	253,218			$	822,996		$	433,643
	Dividends from bank subsidiary	25,000				100,000			75,000
	Interest from subsidiaries	5,779				1,966			1,876
	Interest	2,050				2,510			322
	Other, net	1,613				6,017			7,391
	Total revenues	287,660				933,489			518,232
	Interest expense	(76,662		)		(78,244		)	(61,122		)
	Net revenues	210,998				855,245			457,110
	Non-interest expenses:
	Compensation and benefits	41,482				43,673			38,027
	Communications and information processing	5,036				5,029			4,624
	Occupancy and equipment costs	892				1,005			1,188
	Business development	15,497				16,506			12,613
	Other	8,252				9,608			26,716
	Intercompany allocations and charges	(38,148		)		(33,115		)	(25,360		)
	Total non-interest expenses	33,011				42,706			57,808
	Income before income tax benefit and equity in undistributed net income of subsidiaries	177,987				812,539			399,302
	Income tax benefit	(37,170		)		(54,047		)	(48,575		)
	Income before equity in undistributed net income of subsidiaries	215,157				866,586			447,877
	Equity in undistributed net income of subsidiaries	265,091				(499,432		)	(152,008		)
	Net income	$	480,248			$	367,154		$	295,869
	Other comprehensive income, net of tax:
	Change in unrealized gain on available for sale securities and non-credit portion of other-than-temporary impairment losses	—				—			2
	Total comprehensive income	$	480,248			$	367,154		$	295,871
Condensed Statement of Cash Flows	'
	The following table presents the Parent’s statements of cash flows:
		Year ended September 30,
		2014				2013			2012
		(in thousands)
	Cash flows from operating activities:
	Net income	$	480,248			$	367,154		$	295,869
	Adjustments to reconcile net income to net cash provided by operating activities:
	Gain on investments	(10,245		)		(11,264		)	(6,286		)
	Gain on company-owned life insurance	(17,989		)		(24,907		)	(22,848		)
	Equity in undistributed net income of subsidiaries	(265,091		)		499,432			152,008
	Other, net	75,725				(120,340		)	57,221
	Net change in:
	Intercompany receivables	45,656				(68,635		)	(35,456		)
	Other	44,360				33,584			(266,467		)
	Intercompany payables	(108,056		)		(214,415		)	239,669
	Trade and other	12,835				10,017			22,034
	Accrued compensation and benefits	7,668				148,622			44,156
	Net cash provided by operating activities	265,111				619,248			479,900
	Cash flows from investing activities:
	Distributions from (investments in and advances to) subsidiaries, net	321,127				(384,622		)	(278,590		)
	Sales (purchases) of investments, net	6,347				(171,677		)	3,258
	Purchase of investments in company-owned life insurance, net	(25,581		)		(15,017		)	(18,271		)
	Acquisition of subsidiary	—				—			(1,073,621		)
	Net cash provided by (used in) investing activities	301,893				(571,316		)	(1,367,224		)
	Cash flows from financing activities:
	Proceeds from borrowed funds, net	—				—			586,860
	Proceeds from issuance of shares in registered public offering	—				—			362,823
	Exercise of stock options and employee stock purchases	33,633				55,997			33,811
	Purchase of treasury stock	(8,427		)		(11,718		)	(20,860		)
	Dividends on common stock	(88,102		)		(76,593		)	(68,782		)
	Net cash (used in) provided by financing activities	(62,896		)		(32,314		)	893,852
	Net increase in cash and cash equivalents	504,108				15,618			6,528
	Cash and cash equivalents at beginning of year	274,747				259,129			252,601
	Cash and cash equivalents at end of year	$	778,855			$	274,747		$	259,129
	Supplemental disclosures of cash flow information:
	Cash paid for interest	$	76,661			$	78,439		$	49,155
	Cash received for income taxes, net	$	(59,552	)		$	(100,179	)	$	(74,501	)
	Supplemental disclosures of noncash investing activity:
	(Distributions from) investments in subsidiaries, net	$	(132,117	)		$	457,048		$	153,854

INTRODUCTION_AND_BASIS_OF_PRES2

INTRODUCTION AND BASIS OF PRESENTATION (Details)	Sep. 30, 2014	Dec. 24, 2012
		ClariVest Asset Management
Business Acquisition [Line Items]	'	'
Percent ownership of subsidiaries that are consolidated (in hundredths)	100.00%	'
Business acquisition, acquired interest (as a percentage)	'	45.00%

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
	quarter
	independent_pricing_servicer
	component
	rating
	risk_factor
	Fund
	institution
	investor
	subsidiary
	segment
Other real estate limited partnerships and LLCs [Abstract]	'	'	'
Number of subsidiaries that is either the general partner or limited partner in limited partnerships involved in various real estate activities	1	'	'
Revenue Recognition [Abstract]	'	'	'
Total commissions generated by correspondents	$39,600,000	$35,500,000	$33,500,000
Commissions remitted	36,900,000	32,600,000	31,200,000
Cash and cash equivalents [Abstract]	'	'	'
Maturities of cash equivalents (in days)	'90 days	'	'
Available for sale securities [Abstract]	'	'	'
Number of independent pricings servicers	2	'	'
Auction rate securities, rate setting interval, minimum (in days)	'7 days	'	'
Auction rate securities, rate setting interval, maximum (in days)	'35 days	'	'
Derivative Contracts [Abstract]	'	'	'
Derivative, term of contract	'3 months	'	'
Private equity investments [Abstract]	'	'	'
Private equity investments estimated life, minimum (in years)	'10 years	'	'
Private equity investments estimated life, maximum (in years)	'15 years	'	'
Other investments [Abstract]	'	'	'
Requisite service period	'5 years	'	'
Brokerage client receivables, loans to financial advisors and allowance for doubtful accounts [Abstract]	'	'	'
Repayment period of loans to financial advisors and certain key revenue producers, minimum (in years)	'5 years	'	'
Repayment period of loans to financial advisors and certain key revenue producers, maximum (in years)	'8 years	'	'
Allowance for loans outstanding to financial advisors	2,500,000	2,800,000	'
Loans associated with financial advisors no longer affiliated with the entity, net of allowance	4,600,000	'	'
Bank loans and allowances for losses [Abstract]	'	'	'
Number of loan portfolio segments	6	'	'
Minimum past due for loans considered nonperforming	'90 days	'	'
Minimum past due for loans placed on nonaccrual status (in days)	'90 days	'	'
Period loans maintain current basis to return to accrual status (in months)	'6 months	'	'
Period of satisfactory performance for loans to be returned to accrual status (in months)	'6 months	'	'
Number of components comprising the allowance for loan loss	2	'	'
Number of aspects of risk factors analyzed	2	'	'
Number of ratings used to derive final loan grades and allowance percentages	2	'	'
Number of quarters on which estimated loss rates are based	8	'	'
Minimum past due for redefault troubled debt restructuring loans	'60 days	'	'
Minimum amount of Shared National Credit (SNC) loan syndications	$20,000,000	'	'
Minimum number of regulated institutions with which SNCs are shared	3	'	'
Minimum past due for residential and consumer loans to be reviewed (in days)	'60 days	'	'
Minimum past due for charge-offs to be considered on residential mortgage loans (in days)	'90 days	'	'
Maximum past due for charge-offs taken on residential mortgage loans (in days)	'120 days	'	'
Minimum period for which updated valuation is obtained for loans in pre-foreclosure status (in months)	'9 months	'	'
LIHTC Funds [Abstract]	'	'	'
Minimum number of investor members or limited partners of LIHTC Funds	1	'	'
Number of guaranteed tax credit funds	1	'	'
Number of general types of non-guaranteed tax credit funds	2	'	'
Number of funds with significant participating rights	1	'	'
Number of parties in fund with power over economic activities	1	'	'
Number of funds within multi-investor funds with significant participating rights	1	'	'
Entities evaluated but determined not to be VIEs [Abstract]	'	'	'
Maximum number of days that interests in tax credit limited partnerships are held (in days)	'90 days	'	'
New market credit funds [Abstract]	'	'	'
Period of new market tax credit fund	'7 years	'	'
Number of investor members in new market tax credit	1	'	'
Managed Funds	'	'	'
Other real estate limited partnerships and LLCs [Abstract]	'	'	'
Number of subsidiaries that is either the general partner or limited partner in limited partnerships involved in various real estate activities	1	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Property Plant and Equipment (Details)	12 Months Ended
	Sep. 30, 2014
Minimum | Software	'
Property, Plant and Equipment [Line Items]	'
Estimated useful lives (in years)	'2 years
Minimum | Furniture, fixtures, and equipment	'
Property, Plant and Equipment [Line Items]	'
Estimated useful lives (in years)	'2 years
Minimum | Buildings, building components, building improvements and land improvements [Member]	'
Property, Plant and Equipment [Line Items]	'
Estimated useful lives (in years)	'10 years
Maximum | Software	'
Property, Plant and Equipment [Line Items]	'
Estimated useful lives (in years)	'7 years
Maximum | Furniture, fixtures, and equipment	'
Property, Plant and Equipment [Line Items]	'
Estimated useful lives (in years)	'5 years
Maximum | Buildings, building components, building improvements and land improvements [Member]	'
Property, Plant and Equipment [Line Items]	'
Estimated useful lives (in years)	'31 years

ACQUISITIONS_Schedule_of_Acqui

ACQUISITIONS, Schedule of Acquisitions (Details) (USD $)

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

Share data in Millions, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Dec. 24, 2012

Sep. 30, 2014

Dec. 24, 2012

Apr. 02, 2012

Sep. 30, 2012

Apr. 02, 2012

Apr. 02, 2012

Apr. 02, 2012

ClariVest Asset Management

ClariVest Asset Management

ClariVest Asset Management

Morgan Keegan

Morgan Keegan

Morgan Keegan

Morgan Keegan

Morgan Keegan

Indemnification Agreement

Employees

2012 Stock Incentive Plan

Restricted Stock Retention Purposes

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Business acquisition, acquired interest (as a percentage)

'

'

'

'

'

'

45.00%

'

'

'

'

'

Business acquisition, gross cash payments to acquire businesses

'

'

'

'

$8,800,000

'

'

$1,200,000,000

'

'

'

'

Period during which actual earnings will be analyzed for possible additional consideration

'

'

'

'

'

'1 year

'

'

'

'

'

'

Contingent cash consideration

'

'

'

'

'

2,000,000

'

'

'

'

'

'

Business acquisition purchase price premium amount

'

'

'

'

'

'

'

'

'

230,000,000

'

'

Business acquisition preliminary estimate of tangible book value

'

'

'

'

'

'

'

'

'

970,000,000

'

'

Business acquisition consideration adjustment receivable

'

'

'

'

'

'

'

'

'

23,000,000

'

'

Business acquisition, net of cash acquired

2,007,000

6,450,000

1,073,621,000

'

'

'

'

'

-1,100,000,000

'

'

'

Business acquisition, cash acquired

'

'

'

'

'

'

'

114,000,000

'

'

'

'

Business acquisition, goodwill

295,486,000

295,486,000

300,111,000

295,486,000

'

'

'

'

'

230,000,000

'

'

Business acquisition, portion of net deferred tax asset included in goodwill

'

'

'

'

'

'

'

'

'

65,000,000

'

'

Business acquisition, gross loans to financial advisors

'

'

'

'

'

'

'

'

'

136,000,000

'

'

Business acquisition, restricted stock units

'

'

'

'

'

'

'

'

'

'

'

1.5

Business acquisition, indemnification agreement, amount of first losses not covered

'

'

'

'

'

'

'

'

'

'

9,000,000

'

Business acquisition, indemnification agreement, cap based on purchase price percent

'

'

'

'

'

'

'

'

'

'

15.00%

'

Business acquisitions, indemnifiable loss, deductible

'

'

'

'

'

'

'

'

'

'

$2,000,000

'

Business acquisition, period of time which litigation deductible applies

'

'

'

'

'

'

'

'

'

'

'3 years

'

ACQUISITIONS_Acquisition_Expen

ACQUISITIONS, Acquisition Expenses (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013		Sep. 30, 2012
Business Acquisition [Line Items]	'	'		'
Information systems integration and conversion costs	'	$33,021	[1]	$14,542	[1]
Occupancy and equipment	'	15,999	[2]	4,803	[2]
Severance	'	12,734	[3]	18,729	[3]
Temporary services	'	4,106		1,128
Financial advisory fees	'	1,176		7,040
Legal	'	476		2,267
Bridge financing agreement fees	'	0		5,684
Other integration costs	'	5,942		5,091
Total acquisition related expenses	$0	$73,454		$59,284
[1]	Includes equipment costs related to the disposition of information systems equipment, and temporary services incurred specifically related to the information systems conversion.
[2]	Includes lease costs associated with the abandonment of certain facilities resulting from the Morgan Keegan acquisition.
[3]	Represents all costs associated with eliminating positions as a result of the Morgan Keegan acquisition, partially offset by the favorable impact arising from the forfeiture of any unvested accrued benefits.

CASH_AND_CASH_EQUIVALENTS_ASSE2

CASH AND CASH EQUIVALENTS, ASSETS SEGREGATED PURSUANT TO REGULATIONS AND DEPOSITS WITH CLEARING ORGANIZATIONS (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012	Sep. 30, 2011
Cash and cash equivalents:	'		'		'	'
Cash in banks	$2,195,683,000		$2,593,890,000		'	'
Money market fund investments	3,380,000		2,726,000		'	'
Total cash and cash equivalents	2,199,063,000	[1]	2,596,616,000	[1]	1,980,020,000	2,439,695,000
Cash segregated pursuant to federal regulations and other segregated assets	2,489,264,000	[2]	4,064,827,000	[2]	'	'
Deposits with clearing organizations	150,457,000	[3]	126,405,000	[3]	'	'
Total cash and cash equivalents, segregated cash and securities, and deposits with clearing organizations	4,838,784,000		6,787,848,000		'	'
Amount of cash and cash equivalents either on deposit or otherwise invested by subsidiaries on behalf of RJF	$1,210,000,000		$1,020,000,000		'	'
[1]	The total amounts presented include cash and cash equivalents of $1.21 billion and $1.02 billion as of September 30, 2014 and 2013, respectively, which are either held directly by RJF in depository accounts at third party financial institutions, held in a depository account at RJ Bank, or are otherwise invested by one of our subsidiaries on behalf of RJF, all of which are available without restrictions.
[2]	Consists of cash maintained in accordance with Rule 15c3-3 under the Securities Exchange Act of 1934. RJ&A as a broker-dealer carrying client accounts, is subject to requirements related to maintaining cash or qualified securities in segregated reserve accounts for the exclusive benefit of its’ clients. Additionally, RJ Ltd. is required to hold client Registered Retirement Savings Plan funds in trust.
[3]	Consists of deposits of cash and cash equivalents or other short-term securities held by other clearing organizations or exchanges.

FAIR_VALUE_Recurring_and_Nonre

FAIR VALUE, Recurring and Nonrecurring Fair Value Measurements (Details) (USD $)	12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	$602,973,000		$486,748,000		'
Equity securities	34,142,000		53,015,000		'
Corporate loans	990,000		0		'
Other	13,083,000		11,833,000		'
Total trading instruments	679,393,000		579,705,000		'
Derivative contracts	28,205,000	[1]	28,109,000	[1]	'
Available for sale securities	562,289,000		698,844,000		733,874,000
Derivative instruments associated with offsetting matched book positions	323,337,000		250,341,000		'
Other receivables	544,180,000		407,329,000		'
OREO	5,400,000		2,400,000		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	215,142,000		183,772,000		'
Derivative liability	12,372,000	[1]	5,641,000	[1]	'
Equity securities	10,886,000		31,243,000		'
Total trading instruments sold but not yet purchased	238,400,000		220,656,000		'
Derivative instruments associated with offsetting matched book positions, at fair value	323,337,000		250,341,000		'
Transfers of Financial Instruments into (out of) Level 1 and 2 [Abstract]	'		'		'
Transfers of financial instruments from Level 1 to Level 2	800,000		860,000		'
Transfers of financial instruments from Level 2 to Level 1	1,300,000		401,000		'
Adjustments to fair value of nonrecurring fair value measurements [Abstract]	'		'		'
Additional provision for loan losses due to fair value adjustment	467,000		8,700,000		'
Other losses due to fair value adjustment	203,000		529,000		'
Recurring	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	602,973,000		486,748,000		'
Equity securities	34,142,000		53,015,000		'
Corporate loans	990,000		'		'
Other	13,083,000		11,833,000		'
Total trading instruments	679,393,000		579,705,000		'
Netting adjustments	-61,718,000	[2]	-61,524,000	[2]	'
Available for sale securities	562,289,000		698,844,000		'
Private equity investments	211,666,000		216,391,000		'
Other investments	215,751,000	[3]	248,512,000	[4]	'
Derivative instruments associated with offsetting matched book positions	323,337,000		250,341,000		'
Other receivables	'		2,778,000		'
Other assets	787,000		'		'
Total other assets	3,249,000	[3]	15,000		'
Total assets at fair value on a recurring basis	1,995,685,000		1,996,586,000		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	215,142,000		183,772,000		'
Netting adjustments	-63,296,000	[2]	-69,279,000	[2]	'
Equity securities	10,886,000		31,243,000		'
Total trading instruments sold but not yet purchased	238,400,000		220,656,000		'
Derivative instruments associated with offsetting matched book positions, at fair value	323,337,000		250,341,000		'
Other liabilities	58,000		60,000		'
Total trade and other payables	'		774,000		'
Total liabilities at fair value on a recurring basis	561,795,000		471,771,000		'
Recurring | Municipal and provincial obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	11,647,000		1,777,000		'
Recurring | Corporate obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	15,333,000		9,111,000		'
Recurring | Government obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	187,424,000		169,816,000		'
Recurring | Agency MBS and CMOs	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	738,000		3,068,000		'
Recurring | Municipal and provincial obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	203,889,000		202,826,000		'
Recurring | Corporate obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	111,928,000		60,406,000		'
Recurring | Government and agency obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	101,362,000		113,396,000		'
Recurring | Agency MBS and CMOs	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	127,419,000		93,149,000		'
Available for sale securities	267,720,000		326,029,000		'
Recurring | Non-agency CMOs and ABS	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	58,375,000		16,971,000		'
Recurring | Non-agency CMOs	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	91,918,000		129,021,000		'
Recurring | Other securities	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	1,916,000		2,076,000		'
Recurring | ARS – municipals	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	86,696,000		130,934,000		'
Recurring | ARS - preferred securities	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	114,039,000		110,784,000		'
Recurring | MK&Co	'		'		'
Adjustments to fair value of nonrecurring fair value measurements [Abstract]	'		'		'
Other investments with obligations to perform under deferred compensation plan	144,000,000		176,000,000		'
Recurring | Interest rate contract	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Netting adjustments	-61,718,000	[2]	-61,524,000	[2]	'
Derivative contracts	28,205,000		28,109,000		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Netting adjustments	-63,296,000	[2]	-69,279,000	[2]	'
Derivative liability	12,372,000		5,641,000		'
Recurring | Forward foreign exchange contracts	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Netting adjustments	0	[2]	'		'
Derivative contracts	2,462,000		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Netting adjustments	'		0	[2]	'
Derivative liability	'		714,000		'
Recurring | Quoted prices in active markets for identical assets (Level 1)	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	21,019,000	[5]	7,406,000	[6]	'
Equity securities	28,834,000	[5]	48,749,000	[6]	'
Corporate loans	0	[5]	'		'
Other	566,000	[5]	1,413,000	[6]	'
Total trading instruments	50,419,000	[5]	57,568,000	[6]	'
Available for sale securities	1,916,000	[5]	2,076,000	[6]	'
Private equity investments	0	[5]	0	[6]	'
Other investments	212,753,000	[3],[5]	241,627,000	[4],[6]	'
Derivative instruments associated with offsetting matched book positions	0	[5]	0	[6]	'
Other receivables	'		0	[6]	'
Other assets	0	[5]	'		'
Total other assets	0	[3],[5]	0	[6]	'
Total assets at fair value on a recurring basis	265,088,000	[5]	301,271,000	[6]	'
Bank loans, net	0	[7]	0	[7]	'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	199,284,000	[5]	173,079,000	[6]	'
Equity securities	10,884,000	[5]	31,151,000	[6]	'
Total trading instruments sold but not yet purchased	210,168,000	[5]	204,230,000	[6]	'
Derivative instruments associated with offsetting matched book positions, at fair value	0	[5]	0	[6]	'
Other liabilities	0	[5]	0	[6]	'
Total trade and other payables	'		0	[6]	'
Total liabilities at fair value on a recurring basis	210,168,000	[5]	204,230,000	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Municipal and provincial obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	11,093,000	[5]	165,000	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Corporate obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	29,000	[5]	30,000	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Government obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	187,424,000	[5]	169,816,000	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Agency MBS and CMOs	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	738,000	[5]	3,068,000	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Municipal and provincial obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	11,407,000	[5]	10,000	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Corporate obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	1,989,000	[5]	833,000	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Government and agency obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	7,376,000	[5]	6,408,000	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Agency MBS and CMOs	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	247,000	[5]	155,000	[6]	'
Available for sale securities	0	[5]	0	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Non-agency CMOs and ABS	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0	[5]	0	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Non-agency CMOs	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	0	[5]	0	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Other securities	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	1,916,000	[5]	2,076,000	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | ARS – municipals	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	0	[5]	0	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | ARS - preferred securities	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	0	[5]	0	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Interest rate contract	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts, gross	0	[5]	0	[6]	'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts liability, gross	0	[5]	0	[6]	'
Recurring | Quoted prices in active markets for identical assets (Level 1) | Forward foreign exchange contracts	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts, gross	0	[5]	'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts liability, gross	'		0	[5]	'
Recurring | Significant other observable inputs (Level 2)	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	581,943,000	[5]	479,328,000	[6]	'
Equity securities	5,264,000	[5]	4,231,000	[6]	'
Corporate loans	990,000	[5]	'		'
Other	10,208,000	[5]	6,464,000	[6]	'
Total trading instruments	688,328,000	[5]	579,656,000	[6]	'
Available for sale securities	359,638,000	[5]	454,972,000	[6]	'
Private equity investments	0	[5]	0	[6]	'
Other investments	1,267,000	[3],[5]	2,278,000	[4],[6]	'
Derivative instruments associated with offsetting matched book positions	323,337,000	[5]	250,341,000	[6]	'
Other receivables	'		0	[6]	'
Other assets	0	[5]	'		'
Total other assets	2,462,000	[3],[5]	0	[6]	'
Total assets at fair value on a recurring basis	1,375,032,000	[5]	1,287,247,000	[6]	'
Bank loans, net	23,678,000	[7]	83,012,000	[7]	'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	15,858,000	[5]	10,693,000	[6]	'
Equity securities	2,000	[5]	92,000	[6]	'
Total trading instruments sold but not yet purchased	91,528,000	[5]	85,705,000	[6]	'
Derivative instruments associated with offsetting matched book positions, at fair value	323,337,000	[5]	250,341,000	[6]	'
Other liabilities	0	[5]	0	[6]	'
Total trade and other payables	'		714,000	[6]	'
Total liabilities at fair value on a recurring basis	414,865,000	[5]	336,760,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Municipal and provincial obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	554,000	[5]	1,612,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Corporate obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	15,304,000	[5]	9,081,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Government obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0	[5]	0	[6]	'
Recurring | Significant other observable inputs (Level 2) | Agency MBS and CMOs	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0	[5]	0	[6]	'
Recurring | Significant other observable inputs (Level 2) | Municipal and provincial obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	192,482,000	[5]	202,816,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Corporate obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	109,939,000	[5]	59,573,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Government and agency obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	93,986,000	[5]	106,988,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Agency MBS and CMOs	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	127,172,000	[5]	92,994,000	[6]	'
Available for sale securities	267,720,000	[5]	326,029,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Non-agency CMOs and ABS	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	58,364,000	[5]	16,957,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Non-agency CMOs	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	91,918,000	[5]	128,943,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Other securities	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	0	[5]	0	[6]	'
Recurring | Significant other observable inputs (Level 2) | ARS – municipals	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	0	[5]	0	[6]	'
Recurring | Significant other observable inputs (Level 2) | ARS - preferred securities	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	0	[5]	0	[6]	'
Recurring | Significant other observable inputs (Level 2) | Interest rate contract	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts, gross	89,923,000	[5]	89,633,000	[6]	'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts liability, gross	75,668,000	[5]	74,920,000	[6]	'
Recurring | Significant other observable inputs (Level 2) | Forward foreign exchange contracts	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts, gross	2,462,000	[5]	'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts liability, gross	'		714,000	[5]	'
Recurring | Significant unobservable inputs (Level 3)	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	11,000		14,000		'
Equity securities	44,000		35,000		'
Corporate loans	0		'		'
Other	2,309,000		3,956,000		'
Total trading instruments	2,364,000		4,005,000		'
Available for sale securities	200,735,000		241,796,000		'
Private equity investments	211,666,000	[8]	216,391,000	[9]	'
Other investments	1,731,000	[3]	4,607,000	[4]	'
Derivative instruments associated with offsetting matched book positions	0		0		'
Other receivables	'		2,778,000	[10]	'
Other assets	787,000	[11]	'		'
Total other assets	787,000	[3]	15,000		'
Total assets at fair value on a recurring basis	417,283,000		469,592,000		'
Bank loans, net	10,738,136,000	[7]	8,614,755,000	[7]	'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0		0		'
Equity securities	0		0		'
Total trading instruments sold but not yet purchased	0		0		'
Derivative instruments associated with offsetting matched book positions, at fair value	0		0		'
Other liabilities	58,000		60,000		'
Total trade and other payables	'		60,000		'
Total liabilities at fair value on a recurring basis	58,000		60,000		'
Auction rate securities [Abstract]	'		'		'
Jefferson County, Alabama Limited Obligation School Warrants ARS	58,000,000		54,000,000		'
Jefferson County, Alabama Sewer Revenue Refunding Warrants ARS	'		25,000,000		'
Private Equity Investments [Abstract]	'		'		'
Weighted-average ownership percentage (in hundredths)	74.00%		71.00%		'
Portion of significant private equity investments included in Noncontrolling Interests	55,000,000		63,000,000		'
Portion of private equity investments owned by parent	157,000,000		153,000,000		'
Recurring | Significant unobservable inputs (Level 3) | Municipal and provincial obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0		0		'
Recurring | Significant unobservable inputs (Level 3) | Corporate obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0		0		'
Recurring | Significant unobservable inputs (Level 3) | Government obligations	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0		0		'
Recurring | Significant unobservable inputs (Level 3) | Agency MBS and CMOs	'		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0		0		'
Recurring | Significant unobservable inputs (Level 3) | Municipal and provincial obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0		0		'
Recurring | Significant unobservable inputs (Level 3) | Corporate obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0		0		'
Recurring | Significant unobservable inputs (Level 3) | Government and agency obligations	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0		0		'
Recurring | Significant unobservable inputs (Level 3) | Agency MBS and CMOs	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	0		0		'
Available for sale securities	0		0		'
Recurring | Significant unobservable inputs (Level 3) | Non-agency CMOs and ABS	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Total debt securities	11,000		14,000		'
Recurring | Significant unobservable inputs (Level 3) | Non-agency CMOs	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	0		78,000		'
Recurring | Significant unobservable inputs (Level 3) | Other securities	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	0		0		'
Recurring | Significant unobservable inputs (Level 3) | ARS – municipals	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	86,696,000	[12]	130,934,000	[13]	'
Recurring | Significant unobservable inputs (Level 3) | ARS - preferred securities	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Available for sale securities	114,039,000		110,784,000		'
Recurring | Significant unobservable inputs (Level 3) | Interest rate contract	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts, gross	0		0		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts liability, gross	0		0		'
Recurring | Significant unobservable inputs (Level 3) | Forward foreign exchange contracts	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts, gross	0		'		'
Liabilities, Fair Value Disclosure [Abstract]	'		'		'
Derivative contracts liability, gross	'		0		'
Nonrecurring	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	112,938,000		121,174,000	[14]	'
OREO	768,000	[15]	209,000	[14],[15]	'
Total assets at fair value on a nonrecurring basis	113,706,000		121,383,000	[14]	'
Nonrecurring | Impaired loans	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	90,327,000		93,055,000	[14]	'
Nonrecurring | Loans held for sale	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	22,611,000	[16]	28,119,000	[14],[16]	'
Nonrecurring | Quoted prices in active markets for identical assets (Level 1)	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	0	[5]	0	[14],[6]	'
OREO	0	[15],[5]	0	[14],[15],[6]	'
Total assets at fair value on a nonrecurring basis	0	[5]	0	[14],[6]	'
Nonrecurring | Quoted prices in active markets for identical assets (Level 1) | Impaired loans	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	0	[5]	0	[14],[6]	'
Nonrecurring | Quoted prices in active markets for identical assets (Level 1) | Loans held for sale	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	0	[16],[5]	0	[14],[16],[6]	'
Nonrecurring | Significant other observable inputs (Level 2)	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	57,410,000	[5]	61,306,000	[14],[6]	'
OREO	768,000	[15],[5]	209,000	[14],[15],[6]	'
Total assets at fair value on a nonrecurring basis	58,178,000	[5]	61,515,000	[14],[6]	'
Nonrecurring | Significant other observable inputs (Level 2) | Impaired loans	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	34,799,000	[5]	33,187,000	[14],[6]	'
Nonrecurring | Significant other observable inputs (Level 2) | Loans held for sale	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	22,611,000	[16],[5]	28,119,000	[14],[16],[6]	'
Nonrecurring | Significant unobservable inputs (Level 3)	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	55,528,000		59,868,000	[14]	'
OREO	0	[15]	0	[14],[15]	'
Total assets at fair value on a nonrecurring basis	55,528,000		59,868,000	[14]	'
Nonrecurring | Significant unobservable inputs (Level 3) | Impaired loans	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	55,528,000		59,868,000	[14]	'
Nonrecurring | Significant unobservable inputs (Level 3) | Loans held for sale	'		'		'
Assets, Fair Value Disclosure [Abstract]	'		'		'
Bank loans, net	$0	[16]	$0	[14],[16]	'
[1]	Represents the derivative contracts held for trading purposes. These balances do not include all derivative instruments since the derivative instruments associated with offsetting matched book positions are included on their own line item on our Consolidated Statements of Financial Condition. See Note 18 for further information regarding all of our derivative transactions, and see Note 19 for additional information regarding offsetting financial instruments.
[2]	Where permitted, we have elected to net derivative receivables and derivative payables and the related cash collateral received and paid when a legally enforceable master netting agreement exists. See Note 19 for additional information regarding offsetting financial instruments.
[3]	Other investments include $144 million of financial instruments that are related to MK & Co.’s obligations to perform under certain of its historic deferred compensation plans (see Note 2 and Note 24 for further information regarding these plans).
[4]	Other investments include $176 million of financial instruments that are related to MK & Co.’s obligations to perform under certain of its historic deferred compensation plans (see Note 2 and Note 24 for further information regarding these plans).
[5]	We had $800 thousand in transfers of financial instruments from Level 1 to Level 2 during the year ended September 30, 2014. These transfers were a result of a decrease in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. We had $1.3 million in transfers of financial instruments from Level 2 to Level 1 during the year ended September 30, 2014. These transfers were a result of an increase in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
[6]	We had $860 thousand transfers of financial instruments from Level 1 to Level 2 during the year ended September 30, 2013. These transfers were a result of a decrease in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. We had $401 thousand in transfers of financial instruments from Level 2 to Level 1 during the year ended September 30, 2013. These transfers were a result of an increase in availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement. Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.
[7]	Excludes all impaired loans and loans held for sale which have been recorded at fair value in the Consolidated Statement of Financial Condition at September 30, 2014 and 2013, respectively.
[8]	The portion of these investments we do not own is approximately $55 million as of September 30, 2014 and are included as a component of noncontrolling interest in our Consolidated Statements of Financial Condition. The weighted average portion we own is approximately $157 million or 74% of the total private equity investments of $212 million included in our Consolidated Statements of Financial Condition.
[9]	The portion of these investments we do not own is approximately $63 million as of September 30, 2013 and are included as a component of noncontrolling interest in our Consolidated Statements of Financial Condition. The weighted average portion we own is approximately $153 million or 71% of the total private equity investments of $216 million included in our Consolidated Statements of Financial Condition.
[10]	Primarily comprised of forward commitments to purchase GNMA MBS arising from our fixed income public finance operations (see Note 21 for additional information regarding these commitments).
[11]	Includes forward commitments to purchase GNMA or FNMA MBS arising from our fixed income public finance operations (see Note 21 for additional information regarding these commitments) and to a much lesser extent, other certain commitments.
[12]	Includes $58 million of Jefferson County, Alabama Limited Obligation School Warrants ARS.
[13]	Includes $54 million of Jefferson County, Alabama Limited Obligation School Warrants ARS and $25 million of Jefferson County, Alabama Sewer Revenue Refunding Warrants ARS.
[14]	Goodwill fair value measurements are classified within Level 3 of the fair value hierarchy, which are generally determined using unobservable inputs. See Note 13 for additional information regarding the annual impairment analysis.
[15]	Represents the fair value of foreclosed properties which were measured at a fair value subsequent to their initial classification as OREO. The recorded value in the Consolidated Statements of Financial Condition is net of the estimated selling costs.
[16]	Includes individual loans classified as held for sale, which were recorded at a fair value lower than cost.

FAIR_VALUE_Level_3_Financial_A

FAIR VALUE, Level 3 Financial Assets and Liabilities, Roll Forward (Details) (USD $)

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2012

Apr. 29, 2013

Other liabilities

Other liabilities

Other liabilities

Trading instruments

Trading instruments

Trading instruments

Trading instruments

Trading instruments

Trading instruments

Trading instruments

Trading instruments

Trading instruments

Trading instruments

Trading instruments

Available for sale securities

Available for sale securities

Available for sale securities

Available for sale securities

Available for sale securities

Available for sale securities

Available for sale securities

Available for sale securities

Available for sale securities

Private equity, other investments, other receivables and other assets

Private equity, other investments, other receivables and other assets

Private equity, other investments, other receivables and other assets

Private equity, other investments, other receivables and other assets

Private equity, other investments, other receivables and other assets

Private equity, other investments, other receivables and other assets

Private equity, other investments, other receivables and other assets

Private equity, other investments, other receivables and other assets

Private equity, other investments, other receivables and other assets

Private equity, other investments, other receivables and other assets

Morgan Keegan

Morgan Keegan

Albion Medical Holdings, Inc.

Payables-trade and other

Payables-trade and other

Payables-trade and other

Municipal and provincial obligations

Municipal and provincial obligations

Non-agency CMOs and ABS

Non-agency CMOs and ABS

Non-agency CMOs and ABS

Equity securities

Equity securities

Equity securities

Other securities

Other securities

Other securities

Non-agency CMOs

Non-agency CMOs

Non-agency CMOs

ARS – municipals

ARS – municipals

ARS – municipals

ARS - preferred securities

ARS - preferred securities

ARS - preferred securities

Private equity investments

Private equity investments

Private equity investments

Other investments

Other investments

Other investments

Other receivables

Other receivables

Other assets

Other assets

Private equity investments

Private equity, other investments, other receivables and other assets

Private equity investments

Changes in Level 3 recurring fair value measurements, assets [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value at beginning of period

'

'

'

'

'

$553,000

$375,000

$14,000

$29,000

$50,000

$35,000

$6,000

$15,000

$3,956,000

$5,850,000

$0

$78,000

$249,000

$851,000

$130,934,000

$123,559,000

$79,524,000

$110,784,000

$110,193,000

$116,524,000

$216,391,000

$336,927,000

$168,785,000

$4,607,000

$4,092,000

$2,087,000

$2,778,000

$0

$15,000

$0

'

'

'

Total gains (losses) for the year:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Included in earnings

'

'

'

'

'

0

89,000

-1,000

-4,000

-3,000

6,000

1,000

11,000

-371,000

-140,000

-1,034,000

-27,000

-396,000

-691,000

7,046,000

439,000

-1,487,000

44,000

1,164,000

-75,000

15,883,000

[1]

70,688,000

[2]

36,098,000

[3]

174,000

1,390,000

296,000

-2,778,000

2,778,000

772,000

0

'

'

'

Included in other comprehensive (loss) income

'

'

'

'

'

0

0

0

0

0

0

0

0

0

0

0

22,000

281,000

130,000

-403,000

13,212,000

-7,651,000

3,536,000

7,504,000

-1,528,000

0

0

0

0

0

0

0

0

0

0

'

'

'

Purchases and contributions

'

'

'

'

'

0

553,000

0

0

0

103,000

63,000

18,000

18,628,000

9,885,000

16,268,000

0

0

0

0

0

56,344,000

0

25,000

66,915,000

16,192,000

20,416,000

162,795,000

[4]

63,000

0

2,276,000

0

0

0

0

97,000,000

46,000,000

'

Sales

'

'

'

'

'

-553,000

-320,000

0

0

0

-98,000

-37,000

-16,000

-19,904,000

-9,234,000

-14,251,000

-38,000

0

0

-23,355,000

-4,971,000

0

0

-90,000

0

-7,076,000

-165,878,000

[5]

0

-2,698,000

-691,000

0

0

0

0

0

'

'

'

Redemptions by issuer

'

'

'

'

'

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-27,526,000

-1,305,000

-3,214,000

-325,000

-8,012,000

-71,600,000

0

0

0

-64,000

0

0

0

0

0

0

'

'

'

Distributions

'

'

'

'

'

0

0

-2,000

-11,000

-18,000

0

0

0

0

-2,390,000

-1,710,000

-35,000

-56,000

-41,000

0

0

0

0

0

0

-39,053,000

-45,762,000

-30,751,000

-351,000

-315,000

-567,000

0

0

0

0

'

'

'

Transfers:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Into Level 3

'

'

'

'

'

0

[6]

0

0

[6]

0

[6]

0

0

[6]

2,000

[6]

156,000

0

[6]

0

[6]

6,577,000

[7]

0

[6]

0

[6]

0

0

[6]

0

[6]

43,000

0

[6]

0

[6]

0

11,924,000

[6],[8]

0

[6]

0

0

[6]

131,000

[6]

0

0

[6]

0

[6]

0

[6]

15,000

[6]

'

'

'

Out of Level 3

'

'

'

'

'

0

[6]

-144,000

[9]

0

[6]

0

[6]

0

[9]

-2,000

[6]

0

[6]

-178,000

[9]

0

[6]

-15,000

[6]

0

[9]

0

[6]

0

[6]

0

[9]

0

[6]

0

[6]

0

[9]

0

[6]

0

[6]

-43,000

[9]

-2,595,000

[10],[6]

0

[6]

0

[9]

0

[6]

0

[6]

0

[9]

0

[6]

0

[6]

0

[6]

0

[6]

'

'

'

Fair value at end of period

'

'

'

'

'

0

553,000

11,000

14,000

29,000

44,000

35,000

6,000

2,309,000

3,956,000

5,850,000

0

78,000

249,000

86,696,000

130,934,000

123,559,000

114,039,000

110,784,000

110,193,000

211,666,000

216,391,000

336,927,000

1,731,000

4,607,000

4,092,000

0

2,778,000

787,000

15,000

'

'

'

Change in unrealized gains (losses) for the year included in earnings (or changes in net assets) for assets held at the end of the year

'

'

'

'

'

0

0

20,000

38,000

9,000

6,000

-1,000

-5,000

-7,000

-140,000

-1,034,000

0

-396,000

-691,000

-403,000

13,212,000

-9,060,000

3,536,000

7,504,000

-1,528,000

15,883,000

5,354,000

36,098,000

[3]

267,000

1,511,000

172,000

0

2,778,000

772,000

0

'

'

'

Changes in Level 3 recurring fair value measurements, liabilities [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value, financial liabilities at beginning of period

'

'

-60,000

-98,000

-40,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total gains (losses) for the year:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Included in earnings

'

'

2,000

38,000

-58,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Included in other comprehensive (loss) income

'

'

0

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchases and contributions

'

'

0

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Sales

'

'

0

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Redemptions by issuer

'

'

0

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Distributions

'

'

0

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Transfers:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Into Level 3

'

'

0

[6]

0

[6]

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Out of Level 3

'

'

0

[6]

0

[6]

0

[9]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value, financial liabilities at end of period

'

'

-58,000

-60,000

-98,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Change in unrealized gains (losses) for the year included in earnings (or changes in net assets) for assets held at the end of the year

'

'

0

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Valuation adjustments of certain private equity investments [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Sales of private equity investments, sales transaction agreement date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

29-Apr-13

Share of the net valuation adjustments gain

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

12,200,000

28,400,000

15,200,000

'

'

'

'

'

'

'

'

'

'

Noncontrolling interests' share of the net valuation adjustments gain

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$3,700,000

$42,300,000

$20,900,000

'

'

'

'

'

'

'

'

'

'

Percentage of instruments measured at fair value on a recurring basis [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Instruments measured at fair value, percentage of assets (in hundredths)

8.60%

8.60%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Instruments measured at fair value, percentage of liabilities (in hundredths)

3.00%

2.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Instruments measured at fair value, Level 3, percentage of assets (in hundredths)

21.00%

24.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage change of level 3 financial instruments from prior year period

-3.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

[1]

Primarily results from valuation adjustments of certain private equity investments. Since we only own a portion of these investments, our share of the net valuation adjustments resulted in a gain of $12.2 million which is included in net income attributable to RJF (after noncontrolling interests). The noncontrolling interests’ share of the net valuation adjustments was a gain of approximately $3.7 million

[2]

Results from valuation adjustments of certain private equity investments and the April 29, 2013 sale of our indirect investment in Albion Medical Holdings, Inc. (“Albion”). Since we only own a portion of these investments, our share of the net valuation adjustments and Albion sale resulted in a gain of $28.4 million which is included in net income attributable to RJF (after noncontrolling interests). The noncontrolling interests’ share of the net gain is approximately $42.3 million.

[3]

Primarily results from valuation adjustments of certain private equity investments. Since we only own a portion of these investments, our share of the net valuation adjustments resulted in a gain of $15.2 million which is included in net income attributable to RJF (after noncontrolling interests). The noncontrolling interests’ share of the net valuation adjustments was a gain of approximately $20.9 million.

[4]

Includes private equity investments of approximately $46 million arising from the Morgan Keegan acquisition and $97 million of other investments arising from the consolidation of certain of Morgan Keegan’s private equity funds (see Note 3 for further information regarding the Morgan Keegan acquisition).

[5]

Results primarily from the April 29, 2013 sale of our indirect investment in Albion. The amount is presented gross, and therefore includes amounts pertaining to interests held by others.

[6]

Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.

[7]

During the year ended September 30, 2012, we transferred certain non-agency CMOs and ABS securities which were previously included in Level 2, into Level 3, due to a decrease in the availability and reliability of the observable inputs utilized in the respective instruments’ fair value measurement.

[8]

The transfers into Level 3 were comprised of transfers of balances previously included in other receivables on our Consolidated Statements of Financial Condition.

[9]

The transfers out of Level 3 were a result of an increase in availability and reliability of the observable inputs utilized in the respective instruments’ fair value. Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized.

[10]

The transfers out of Level 3 were comprised of transfers of cash and cash equivalent balances previously included in private equity investments on our Consolidated Statements of Financial Condition.

FAIR_VALUE_Gains_and_Losses_Re

FAIR VALUE, Gains and Losses (Realized and Unrealized) Included in Revenues (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Net trading profits	'	'	'
Gains and Losses (Realized and Unrealized) Included in Earnings [Line Items]	'	'	'
Total (losses) gains included in revenues	($366)	($143)	($937)
Change in unrealized gains for assets held at the end of the year	19	-103	-1,030
Other revenues	'	'	'
Gains and Losses (Realized and Unrealized) Included in Earnings [Line Items]	'	'	'
Total (losses) gains included in revenues	21,116	76,101	34,083
Change in unrealized gains for assets held at the end of the year	$20,055	$29,963	$24,991

FAIR_VALUE_Significant_Assumpt

FAIR VALUE, Significant Assumptions Used in Valuation of Level 3 Financial Instruments (Details) (USD $)

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

In Thousands, unless otherwise specified

Recurring

Recurring

Nonrecurring

Nonrecurring

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Significant unobservable inputs (Level 3)

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Recurring

Nonrecurring

Nonrecurring

Nonrecurring

Nonrecurring

Nonrecurring

Nonrecurring

Nonrecurring

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS – municipals

ARS - preferred securities

ARS - preferred securities

ARS - preferred securities

ARS - preferred securities

ARS - preferred securities

ARS - preferred securities

ARS - preferred securities

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Private equity investments

Impaired loans residential

Impaired loans residential

Impaired loans residential

Impaired loans residential

Impaired loans corporate

Recent trades

Recent trades

Recent trades

Recent trades

Probablity Weighted Internal Scenario Models

Probablity Weighted Internal Scenario 1

Probablity Weighted Internal Scenario 1

Probablity Weighted Internal Scenario 1

Probablity Weighted Internal Scenario 2

Probablity Weighted Internal Scenario 2

Probablity Weighted Internal Scenario 2

Probablity Weighted Internal Scenario 2

Probablity Weighted Internal Scenario 2

Probablity Weighted Internal Scenario 2

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Probablity Weighted Internal Scenario 1

Probablity Weighted Internal Scenario 1

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Scenario 2 - market approach - market multiple method

Scenario 2 - market approach - market multiple method

Scenario 2 - market approach - market multiple method

Transaction price or other investment-specific events

Discounted cash flow

Discounted cash flow

Discounted cash flow

Discounted cash flow

Appraisal, discounted cash flow, or distressed enterprise value

Maximum

Minimum

Weighted Average

Maximum

Minimum

Weighted Average

Maximum

Maximum

Minimum

Minimum

Weighted Average

Weighted Average

Maximum

Maximum

Minimum

Minimum

Weighted Average

Weighted Average

Maximum

Maximum

Minimum

Minimum

Weighted Average

Weighted Average

Maximum

Minimum

Maximum

Maximum

Minimum

Minimum

Weighted Average

Weighted Average

Maximum

Minimum

Weighted Average

Maximum

Minimum

Minimum

Weighted Average

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total assets at fair value on a recurring basis

$1,995,685

$1,996,586

'

'

$417,283

$469,592

$57,728

'

'

'

$11,025

'

'

'

'

'

'

'

'

'

$17,943

'

'

'

'

'

'

$114,039

'

'

'

'

'

'

'

'

$46,402

'

'

'

'

'

'

'

'

'

$165,264

[1]

'

'

'

'

'

'

'

Total assets at fair value on a nonrecurring basis

'

'

$113,706

$121,383

[2]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$55,528

$59,868

[2]

'

'

$25,982

'

$29,546

[3]

Fair Value Inputs [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Observed trades (in inactive markets) of in-portfolio securities

'

'

'

'

'

'

'

88.00%

88.00%

88.00%

'

70.00%

70.00%

70.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Average discount rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6.82%

[4]

'

4.44%

[4]

'

5.63%

[4]

'

'

5.82%

[4]

'

3.08%

[4]

'

3.77%

[4]

'

'

5.08%

[4]

'

3.69%

[4]

'

4.35%

[4]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Average interest rates applicable to future interest income on the securities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4.31%

[5]

'

1.68%

[5]

'

3.00%

[5]

'

'

5.74%

[5]

'

1.44%

[5]

'

1.81%

[5]

'

'

4.03%

[5]

'

2.41%

[5]

'

2.54%

[5]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Prepayment year

'

'

'

'

'

'

'

'

'

'

'

'

'

'

31-Dec-14

[6]

'

31-Dec-17

[6]

'

31-Dec-21

[6]

'

'

31-Dec-24

[6]

'

31-Dec-17

[6]

'

31-Dec-19

[6]

'

'

31-Dec-19

[6]

'

31-Dec-15

[6]

'

31-Dec-19

[6]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighting assigned to outcome of scenario 1/scenario 2

'

'

'

'

'

'

'

'

'

'

'

80.00%

20.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

28.00%

72.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Discount rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17.50%

[4]

'

13.00%

[4]

'

15.90%

[4]

'

'

'

'

'

'

'

'

'

'

'

Terminal growth rate of cash flows

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.00%

'

3.00%

'

3.00%

'

'

'

'

'

'

'

'

'

'

'

Terminal year

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

31-Dec-18

'

31-Dec-16

'

31-Dec-17

'

'

'

'

'

'

'

'

'

'

'

'

EBITDA multiple

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7.5

[7]

4.75

[7]

6.3

[7]

'

'

'

'

'

'

'

'

Prepayment rate (in years)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'12 years

'7 years

'

'10 years 3 months 18 days

'

[1]

Certain direct private equity investments are valued initially at the transaction price until either our annual review, significant transactions occur, new developments become known, or we receive information from the fund manager that allows us to update our proportionate share of net assets, when any of which indicate that a change in the carrying values of these investments is appropriate.

[2]

Goodwill fair value measurements are classified within Level 3 of the fair value hierarchy, which are generally determined using unobservable inputs. See Note 13 for additional information regarding the annual impairment analysis.

[3]

The valuation techniques used for the impaired corporate loan portfolio as of September 30, 2014 were appraisals less selling costs for the collateral dependent loans, and either discounted cash flows or distressed enterprise value for the remaining impaired loans that are not collateral dependent.

[4]

Represents discount rates used when we have determined that market participants would take these discounts into account when pricing the investments.

[5]

Future interest rates are projected based upon a forward interest rate path, plus a spread over such projected base rate that is applicable to each future period for each security within this portfolio segment. The interest rates presented represent the average interest rate over all projected periods for securities within the portfolio segment.

[6]

Assumed year of at least a partial redemption of the outstanding security by the issuer.

[7]

Represents amounts used when we have determined that market participants would use such multiples when pricing the investments.

FAIR_VALUE_Carrying_Amounts_an

FAIR VALUE, Carrying Amounts and Estimated Fair Value of Financial Instruments Not Carried at Fair Value (Details) (Recurring, USD $)	Sep. 30, 2014		Sep. 30, 2013
In Thousands, unless otherwise specified
Total estimated fair value	'		'
Financial assets:	'		'
Bank loans, net	$10,761,814	[1]	$8,697,767	[1]
Financial liabilities:	'		'
Bank deposits	10,028,455		9,302,192
Corporate debt	1,321,270		1,304,148
Carrying amount	'		'
Financial assets:	'		'
Bank loans, net	10,857,662	[1]	8,700,027	[1]
Financial liabilities:	'		'
Bank deposits	10,028,924		9,295,371
Corporate debt	1,190,836		1,194,508
Quoted prices in active markets for identical assets (Level 1)	'		'
Financial assets:	'		'
Bank loans, net	0	[1]	0	[1]
Financial liabilities:	'		'
Bank deposits	0		0
Corporate debt	366,100		352,520
Significant other observable inputs (Level 2)	'		'
Financial assets:	'		'
Bank loans, net	23,678	[1]	83,012	[1]
Financial liabilities:	'		'
Bank deposits	9,684,221		8,981,996
Corporate debt	955,170		951,628
Significant unobservable inputs (Level 3)	'		'
Financial assets:	'		'
Bank loans, net	10,738,136	[1]	8,614,755	[1]
Financial liabilities:	'		'
Bank deposits	344,234		320,196
Corporate debt	$0		$0
[1]	Excludes all impaired loans and loans held for sale which have been recorded at fair value in the Consolidated Statement of Financial Condition at September 30, 2014 and 2013, respectively.

TRADING_INSTRUMENTS_AND_TRADIN2

TRADING INSTRUMENTS AND TRADING INSTRUMENTS SOLD BUT NOT YET PURCHASED (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Trading Securities [Abstract]	'		'		'
Total debt securities	$602,973		$486,748		'
Derivative contracts	28,205	[1]	28,109	[1]	'
Equity securities	34,142		53,015		'
Corporate loans	990		0		'
Other	13,083		11,833		'
Trading instruments	679,393		579,705		'
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]	'		'		'
Total debt securities	215,142		183,772		'
Derivative liability	12,372	[1]	5,641	[1]	'
Equity securities	10,886		31,243		'
Corporate loans	0		0		'
Other	0		0		'
Instruments sold but not yet purchased	238,400		220,656		'
Change in unrealized holding gain (loss)	-4,800		-4,000		576
Municipal and provincial obligations	'		'		'
Trading Securities [Abstract]	'		'		'
Total debt securities	203,889		202,826		'
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]	'		'		'
Total debt securities	11,647		1,777		'
Corporate obligations	'		'		'
Trading Securities [Abstract]	'		'		'
Total debt securities	111,928		60,406		'
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]	'		'		'
Total debt securities	15,333		9,111		'
Government and agency obligations	'		'		'
Trading Securities [Abstract]	'		'		'
Total debt securities	101,362		113,396		'
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]	'		'		'
Total debt securities	187,424		169,816		'
Agency MBS and CMOs	'		'		'
Trading Securities [Abstract]	'		'		'
Total debt securities	127,419		93,149		'
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]	'		'		'
Total debt securities	738		3,068		'
Non-agency CMOs and ABS	'		'		'
Trading Securities [Abstract]	'		'		'
Total debt securities	58,375		16,971		'
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]	'		'		'
Total debt securities	$0		$0		'
[1]	Represents the derivative contracts held for trading purposes. These balances do not include all derivative instruments since the derivative instruments associated with offsetting matched book positions are included on their own line item on our Consolidated Statements of Financial Condition. See Note 18 for further information regarding all of our derivative transactions, and see Note 19 for additional information regarding offsetting financial instruments.

AVAILABLE_FOR_SALE_SECURITIES_1

AVAILABLE FOR SALE SECURITIES, Sale of Available-for-sale Securities (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Sales of Available for Sale Securities [Abstract]	'	'	'
Proceeds from sales of available for sale securities	$49,937,000	$4,793,000	$0
RJ Bank available for sale securities	'	'	'
Sales of Available for Sale Securities [Abstract]	'	'	'
Proceeds from sales of available for sale securities	26,600,000	0	0
Available-for-sale securities, gross realized gain (loss)	264,000	'	'
Auction rate securities	'	'	'
Sales of Available for Sale Securities [Abstract]	'	'	'
Proceeds from sales of available for sale securities	51,200,000	14,400,000	75,000,000
Available-for-sale securities, gross realized gain (loss)	$7,100,000	$1,600,000	$360,000

AVAILABLE_FOR_SALE_SECURITIES_2

AVAILABLE FOR SALE SECURITIES, Amortized Cost and Fair Values of AFS Securities (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Schedule of Available for Sale Securities [Abstract]	'		'		'
Cost basis	$554,509,000		$700,781,000		$759,839,000
Gross unrealized gains	16,972,000		14,019,000		3,072,000
Gross unrealized losses	-9,192,000		-15,956,000		-29,037,000
Fair value	562,289,000		698,844,000		733,874,000
RJ Bank	'		'		'
Schedule of Available for Sale Securities [Abstract]	'		'		'
Cost basis	368,448,000		470,602,000		516,907,000
Gross unrealized gains	1,219,000		1,212,000		1,961,000
Gross unrealized losses	-8,113,000		-14,688,000		-18,758,000
Fair value	361,554,000		457,126,000		500,110,000
RJ Bank | Agency MBS and CMOs	'		'		'
Schedule of Available for Sale Securities [Abstract]	'		'		'
Cost basis	267,927,000		326,858,000		350,568,000
Gross unrealized gains	822,000		707,000		1,938,000
Gross unrealized losses	-1,029,000		-1,536,000		-203,000
Fair value	267,720,000		326,029,000		352,303,000
RJ Bank | Non-agency CMOs	'		'		'
Schedule of Available for Sale Securities [Abstract]	'		'		'
Cost basis	98,946,000	[1]	142,169,000	[2]	166,339,000	[3]
Gross unrealized gains	56,000	[1]	4,000	[2]	23,000	[3]
Gross unrealized losses	-7,084,000	[1]	-13,152,000	[2]	-18,555,000	[3]
Fair value	91,918,000	[1]	129,021,000	[2]	147,807,000	[3]
Non-credit portion of OTTI recorded in AOCI, before tax	6,100,000		11,100,000		15,500,000
RJ Bank | Other securities	'		'		'
Schedule of Available for Sale Securities [Abstract]	'		'		'
Cost basis	1,575,000		1,575,000		'
Gross unrealized gains	341,000		501,000		'
Gross unrealized losses	0		0		'
Fair value	1,916,000		2,076,000		'
Non-broker-dealer subsidiaries | Other securities	'		'		'
Schedule of Available for Sale Securities [Abstract]	'		'		'
Cost basis	'		'		3,000
Gross unrealized gains	'		'		9,000
Gross unrealized losses	'		'		0
Fair value	'		'		12,000
Non-broker-dealer subsidiaries | Auction rate securities	'		'		'
Schedule of Available for Sale Securities [Abstract]	'		'		'
Cost basis	186,061,000		230,179,000		242,929,000
Gross unrealized gains	15,753,000		12,807,000		1,102,000
Gross unrealized losses	-1,079,000		-1,268,000		-10,279,000
Fair value	200,735,000		241,718,000		233,752,000
Non-broker-dealer subsidiaries | ARS – municipals	'		'		'
Schedule of Available for Sale Securities [Abstract]	'		'		'
Cost basis	81,535,000		125,371,000		131,208,000	[4]
Gross unrealized gains	6,240,000		6,831,000		870,000	[4]
Gross unrealized losses	-1,079,000		-1,268,000		-8,519,000	[4]
Fair value	86,696,000		130,934,000		123,559,000	[4]
Non-credit portion of OTTI recorded in AOCI, before tax	'		'		7,600,000
Non-broker-dealer subsidiaries | ARS - preferred securities	'		'		'
Schedule of Available for Sale Securities [Abstract]	'		'		'
Cost basis	104,526,000		104,808,000		111,721,000	[5]
Gross unrealized gains	9,513,000		5,976,000		232,000	[5]
Gross unrealized losses	0		0		-1,760,000	[5]
Fair value	114,039,000		110,784,000		110,193,000	[5]
Non-credit portion of OTTI recorded in AOCI, before tax	'		'		$1,500,000
[1]	As of September 30, 2014, the non-credit portion of OTTI recorded in AOCI was $6.1 million (before taxes).
[2]	As of September 30, 2013, the non-credit portion of OTTI recorded in AOCI was $11.1 million (before taxes).
[3]	As of September 30, 2012, the non-credit portion of OTTI recorded in AOCI was $15.5 million (before taxes).
[4]	As of September 30, 2012, the non-credit portion of OTTI recorded in AOCI was $7.6 million (before taxes).
[5]	As of September 30, 2012, the non-credit portion of OTTI recorded in AOCI was $1.5 million (before taxes).

AVAILABLE_FOR_SALE_SECURITIES_3

AVAILABLE FOR SALE SECURITIES, Contractual Maturities (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Amortized cost [Abstract]	'
Within one year	$0
After one but within five years	9,992
After five but within ten years	10,451
After ten years	534,066
Total	554,509
Carrying value [Abstract]	'
Within one year	0
After one but within five years	10,019
After five but within ten years	10,513
After ten years	541,757
Total	562,289
Weighted-average yield [Abstract]	'
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.27%
After five but within ten years (in hundredths)	0.24%
After ten years (in hundredths)	0.99%
Total (in hundredths)	0.97%
RJ Bank | Agency MBS and CMOs	'
Amortized cost [Abstract]	'
Within one year	0
After one but within five years	9,992
After five but within ten years	10,451
After ten years	247,484
Total	267,927
Carrying value [Abstract]	'
Within one year	0
After one but within five years	10,019
After five but within ten years	10,513
After ten years	247,188
Total	267,720
Weighted-average yield [Abstract]	'
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.27%
After five but within ten years (in hundredths)	0.24%
After ten years (in hundredths)	1.02%
Total (in hundredths)	0.96%
RJ Bank | Non-agency CMOs	'
Amortized cost [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	98,946
Total	98,946
Carrying value [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	91,918
Total	91,918
Weighted-average yield [Abstract]	'
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.00%
After five but within ten years (in hundredths)	0.00%
After ten years (in hundredths)	2.49%
Total (in hundredths)	2.49%
RJ Bank | Other securities	'
Amortized cost [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	1,575
Total	1,575
Carrying value [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	1,916
Total	1,916
Weighted-average yield [Abstract]	'
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.00%
After five but within ten years (in hundredths)	0.00%
After ten years (in hundredths)	0.00%
Total (in hundredths)	0.00%
RJ Bank | Sub-total agency MBS & CMOs, non-agency CMOs and other securities	'
Amortized cost [Abstract]	'
Within one year	0
After one but within five years	9,992
After five but within ten years	10,451
After ten years	348,005
Total	368,448
Carrying value [Abstract]	'
Within one year	0
After one but within five years	10,019
After five but within ten years	10,513
After ten years	341,022
Total	361,554
Weighted-average yield [Abstract]	'
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.27%
After five but within ten years (in hundredths)	0.24%
After ten years (in hundredths)	1.41%
Total (in hundredths)	1.35%
Non-broker-dealer subsidiaries | ARS – municipals	'
Amortized cost [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	81,535
Total	81,535
Carrying value [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	86,696
Total	86,696
Weighted-average yield [Abstract]	'
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.00%
After five but within ten years (in hundredths)	0.00%
After ten years (in hundredths)	0.38%
Total (in hundredths)	0.38%
Non-broker-dealer subsidiaries | ARS - preferred securities	'
Amortized cost [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	104,526
Total	104,526
Carrying value [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	114,039
Total	114,039
Weighted-average yield [Abstract]	'
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.00%
After five but within ten years (in hundredths)	0.00%
After ten years (in hundredths)	0.20%
Total (in hundredths)	0.20%
Non-broker-dealer subsidiaries | Auction rate securities	'
Amortized cost [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	186,061
Total	186,061
Carrying value [Abstract]	'
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	200,735
Total	$200,735
Weighted-average yield [Abstract]	'
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.00%
After five but within ten years (in hundredths)	0.00%
After ten years (in hundredths)	0.28%
Total (in hundredths)	0.28%

AVAILABLE_FOR_SALE_SECURITIES_4

AVAILABLE FOR SALE SECURITIES, Gross Unrealized Losses and Fair Value and Significant Assumptions (Details) (USD $)	12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013	Sep. 30, 2012
	rating
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]	'		'	'
Estimated fair value less than 12 months	$23,568,000		$163,257,000	'
Estimated fair value 12 months or more	153,730,000		165,826,000	'
Total estimated fair value	177,298,000		329,083,000	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]	'		'	'
Unrealized losses less than 12 months	-410,000		-1,806,000	'
Unrealized losses 12 months or more	-8,782,000		-14,150,000	'
Unrealized losses	-9,192,000		-15,956,000	'
Significant assumptions [Abstract]	'		'	'
Minimum number of agencies rating ARS preferred securities as investment grade	1		'	'
Proceeds from sales of available for sale securities	49,937,000		4,793,000	0
Jefferson County, Alabama Sewer Revenue Refunding Warrants ARS	'		'	'
Significant assumptions [Abstract]	'		'	'
Proceeds from sales of available for sale securities	26,500,000		'	'
Available-for-sale securities, gross realized gain (loss)	5,500,000		'	'
Auction rate securities	'		'	'
Significant assumptions [Abstract]	'		'	'
Par value of auction rate securities repurchased	221,800,000		'	'
Number of available for sale securities with fair value less than cost basis	2		'	'
Proceeds from sales of available for sale securities	51,200,000		14,400,000	75,000,000
Available-for-sale securities, gross realized gain (loss)	7,100,000		1,600,000	360,000
RJ Bank | Agency MBS and CMOs	'		'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]	'		'	'
Estimated fair value less than 12 months	18,062,000		157,580,000	'
Estimated fair value 12 months or more	71,688,000		22,940,000	'
Total estimated fair value	89,750,000		180,520,000	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]	'		'	'
Unrealized losses less than 12 months	-53,000		-1,150,000	'
Unrealized losses 12 months or more	-976,000		-386,000	'
Unrealized losses	-1,029,000		-1,536,000	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]	'		'	'
Number of available-for-sale investment positions determined to be in an unrealized loss position	11		'	'
Number of available-for-sale investment positions determined to be in an unrealized loss position continuously for 12 months or more	8		'	'
Number of available-for-sale investment positions determined to be in an unrealized loss position continuously for less than 12 months	3		'	'
RJ Bank | Non-agency CMOs	'		'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]	'		'	'
Estimated fair value less than 12 months	5,506,000		4,906,000	'
Estimated fair value 12 months or more	69,970,000		123,139,000	'
Total estimated fair value	75,476,000		128,045,000	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]	'		'	'
Unrealized losses less than 12 months	-357,000		-556,000	'
Unrealized losses 12 months or more	-6,727,000		-12,596,000	'
Unrealized losses	-7,084,000		-13,152,000	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]	'		'	'
Number of available-for-sale investment positions determined to be in an unrealized loss position	14		'	'
Number of available-for-sale investment positions	19		'	'
Number of available-for-sale investment positions determined to be in an unrealized loss position continuously for 12 months or more	13		'	'
Number of available-for-sale investment positions determined to be in an unrealized loss position continuously for less than 12 months	1		'	'
RJ Bank | Non-agency CMOs | Low end	'		'	'
Significant assumptions [Abstract]	'		'	'
Default rate (in hundredths)	0.00%		'	'
Loss severity (in hundredths)	0.00%		'	'
Prepayment rate (in hundredths)	5.00%		'	'
RJ Bank | Non-agency CMOs | High end	'		'	'
Significant assumptions [Abstract]	'		'	'
Default rate (in hundredths)	10.90%		'	'
Loss severity (in hundredths)	74.40%		'	'
Prepayment rate (in hundredths)	34.20%		'	'
RJ Bank | Non-agency CMOs | Weighted Average	'		'	'
Significant assumptions [Abstract]	'		'	'
Default rate (in hundredths)	4.31%	[1]	'	'
Loss severity (in hundredths)	39.84%	[1]	'	'
Prepayment rate (in hundredths)	10.42%	[1]	'	'
Non-broker-dealer subsidiaries | ARS - preferred securities	'		'	'
Significant assumptions [Abstract]	'		'	'
Other than temporary impairment losses investments	0		'	'
Non-broker-dealer subsidiaries | ARS – municipals	'		'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]	'		'	'
Estimated fair value less than 12 months	0		771,000	'
Estimated fair value 12 months or more	12,072,000		19,747,000	'
Total estimated fair value	12,072,000		20,518,000	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]	'		'	'
Unrealized losses less than 12 months	0		-100,000	'
Unrealized losses 12 months or more	-1,079,000		-1,168,000	'
Unrealized losses	($1,079,000)		($1,268,000)	'
[1]	Represents the expected activity for the next twelve months.

AVAILABLE_FOR_SALE_SECURITIES_5

AVAILABLE FOR SALE SECURITIES, OTTI Related to Credit Losses Recognized in Other Revenues (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Credit losses on debt securities recognized in earnings [Roll Forward]	'	'	'
Amount related to credit losses on securities we held at the beginning of the year	$28,217	$27,581	$22,306
Additions to the amount related to credit loss for which an OTTI was not previously recognized	0	0	1,409
Decreases to the amount related to credit loss for securities sold during the year	-9,541	0	0
Additional increases to the amount related to credit loss for which an OTTI was previously recognized	27	636	3,866
Amount related to credit losses on securities we held at the end of the year	$18,703	$28,217	$27,581

RECEIVABLES_FROM_AND_PAYABLES_2

RECEIVABLES FROM AND PAYABLES TO BROKERAGE CLIENTS (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013
In Thousands, unless otherwise specified
Receivables from brokerage clients	'	'
Brokerage client receivables	$2,127,078	$1,983,402
Allowance for doubtful accounts	-274	-62
Brokerage client receivables, net	2,126,804	1,983,340
Payables to brokerage clients	'	'
Interest bearing	3,578,101	5,457,107
Non-interest bearing	378,003	485,736
Total brokerage client payables	$3,956,104	$5,942,843

BANK_LOANS_NET_Held_for_Sale_a

BANK LOANS, NET, Held for Sale and Held for Investment (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2011		Sep. 30, 2010
In Thousands, unless otherwise specified	segment
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'		'		'		'
Number of loan portfolio segments	6		'		'		'		'
Loans Receivable Held-for-sale, Net [Abstract]	'		'		'		'		'
Loans held for sale, net	$45,988	[1]	$110,292	[1]	$160,515	[1]	$102,236	[1]	$6,114	[1]
Loans held for investment:	'		'		'		'		'
Total loans held for investment	11,103,418	[2]	8,891,346	[2]	8,049,236		6,636,839		6,275,175
Net unearned income and deferred expenses	-37,533		-43,936		-70,698		-45,417		-39,276
Total loans held for investment, net	11,065,885	[1]	8,847,410	[1]	7,978,538	[1]	6,591,422	[1]	6,235,899	[1]
Total loans held for sale and investment	11,111,873		8,957,702		8,139,053		6,693,658		6,242,013
Allowance for loan losses	-147,574		-136,501		-147,541		-145,744		-147,084
Bank loans, net	10,964,299		8,821,201		7,991,512		6,547,914		6,094,929
Associated percentage of each major loan category in loan portfolios [Abstract]	'		'		'		'		'
Loans held for sale, net (in hundredths)	0.00%	[1]	1.00%	[1]	2.00%	[1]	2.00%	[1]	0.00%	[1]
Total loans held for sale and investment (in hundredths)	100.00%		100.00%		100.00%		100.00%		100.00%
Domestic	'		'		'		'		'
Loans held for investment:	'		'		'		'		'
C&I loans	5,378,592		4,439,668		4,553,061		3,987,122		3,173,093
CRE construction loans	76,733		38,964		26,360		29,087		65,512
CRE loans	1,415,093		1,075,986		828,414		742,889		937,669
Tax-exempt loans	122,218		0		0		'		'
Residential mortgage loans	1,749,513		1,743,787		1,690,465		1,754,925		2,013,681
Associated percentage of each major loan category in loan portfolios [Abstract]	'		'		'		'		'
C&I loans (in hundredths)	49.00%		50.00%		55.00%		59.00%		51.00%
CRE construction loans (in hundredths)	1.00%		0.00%		1.00%		0.00%		1.00%
CRE loans (in hundredths)	13.00%		12.00%		10.00%		11.00%		15.00%
Tax-exempt loans (in hundredths)	1.00%		0.00%		0.00%		'		'
Residential mortgage loans (in hundredths)	16.00%		20.00%		21.00%		26.00%		32.00%
Foreign	'		'		'		'		'
Loans held for investment:	'		'		'		'		'
C&I loans	1,043,755		806,337		465,770		113,817		59,630
CRE construction loans	17,462		21,876		23,114		'		'
CRE loans	274,070		207,060		108,036		'		'
Residential mortgage loans	2,234		1,863		1,521		1,561		1,650
Associated percentage of each major loan category in loan portfolios [Abstract]	'		'		'		'		'
C&I loans (in hundredths)	9.00%		9.00%		6.00%		2.00%		1.00%
CRE construction loans (in hundredths)	0.00%		0.00%		0.00%		'		'
CRE loans (in hundredths)	2.00%		2.00%		1.00%		'		'
Residential mortgage loans (in hundredths)	0.00%		0.00%		0.00%		0.00%		0.00%
SBL	'		'		'		'		'
Loans held for investment:	'		'		'		'		'
Total loans held for investment	1,023,748	[2]	555,805	[2]	'		'		'
SBL | Domestic	'		'		'		'		'
Loans held for investment:	'		'		'		'		'
SBL	1,021,358		554,210		350,770		7,438		23,940
Associated percentage of each major loan category in loan portfolios [Abstract]	'		'		'		'		'
Consumer loans (in hundredths)	9.00%		6.00%		4.00%		0.00%		0.00%
SBL | Foreign	'		'		'		'		'
Loans held for investment:	'		'		'		'		'
SBL	$2,390		$1,595		$1,725		'		'
Associated percentage of each major loan category in loan portfolios [Abstract]	'		'		'		'		'
Consumer loans (in hundredths)	0.00%		0.00%		0.00%		'		'
[1]	Net of unearned income and deferred expenses, which includes purchase premiums, purchase discounts, and net deferred origination fees and costs.
[2]	Excludes any net unearned income and deferred expenses.

BANK_LOANS_NET_Originations_Pu

BANK LOANS, NET, Originations, Purchases, and Sales (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Loans held for sale	'	'	'
Payments for Origination and Purchases of Loans Held-for-sale [Abstract]	'	'	'
Loans held for sale purchased or originated	$1,000,000,000	$1,300,000,000	$903,000,000
Proceeds from Sale of Loans Held-for-sale [Abstract]	'	'	'
Proceeds for sale of loans held for sale	189,000,000	300,000,000	184,000,000
Gain (loss) on sales of loans, net	790,000	3,600,000	1,700,000
Unrealized loss on loans held for sale	385,000	2,900,000	1,200,000
Loans held for investment	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	570,834,000	389,975,000	846,424,000
Sales	219,914,000	176,186,000	85,090,000
Loans held for investment | C&I loans	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	536,167,000	358,309,000	470,859,000	[1]
Sales	219,914,000	176,186,000	85,090,000
Loans held for investment | CRE construction	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	0	0	31,074,000	[1]
Sales	0	0	0
Loans held for investment | CRE loans	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	5,000,000	5,048,000	121,245,000	[1]
Sales	0	0	0
Loans held for investment | Residential mortgage loans	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	29,667,000	26,618,000	38,220,000
Sales	0	0	0
Loans held for investment | SBL	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	0	0	185,026,000	[2]
Sales	0	0	0
RJ Bank | Canadian loan portfolio | Loans held for investment	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	'	'	367,000,000
RJ Bank | Canadian loan portfolio | Loans held for investment | C&I loans	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	'	'	219,000,000
RJ Bank | Canadian loan portfolio | Loans held for investment | CRE construction	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	'	'	31,000,000
RJ Bank | Canadian loan portfolio | Loans held for investment | CRE loans	'	'	'
Purchases and sales of loans held for investment by portfolio segment [Abstract]	'	'	'
Purchases	'	'	$117,000,000
[1]	Includes a total of $367 million for a Canadian loan portfolio purchased during the year ended September 30, 2012, which was comprised of $219 million C&I, $31 million of CRE construction and $117 million of CRE loans.
[2]	Represents loans primarily secured by the borrower’s marketable securities.

BANK_LOANS_NET_Analysis_of_Pay

BANK LOANS, NET, Analysis of Payment Status of Loans Held for Investment (Details) (USD $)	12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Analysis of payment status of loans held for investment [Abstract]	'		'		'	'	'
30-89 days and accruing	$1,829,000		$3,888,000		'	'	'
90 days or more and accruing	0		0		'	'	'
Total past due and accruing	1,829,000		3,888,000		'	'	'
Nonaccrual	80,665,000	[1]	101,958,000	[1]	'	'	'
Current and accruing	11,020,924,000		8,785,500,000		'	'	'
Total loans held for investment	11,103,418,000	[2]	8,891,346,000	[2]	8,049,236,000	6,636,839,000	6,275,175,000
Performing nonaccrual loans	41,400,000		55,500,000		'	'	'
Impaired interest lost on nonaccrual loans	3,700,000		3,200,000		4,300,000	'	'
Impaired financing receivable, interest income recognized	1,300,000		1,500,000		1,800,000	'	'
Other real estate owned fair value	5,400,000		2,400,000		'	'	'
C&I loans	'		'		'	'	'
Analysis of payment status of loans held for investment [Abstract]	'		'		'	'	'
30-89 days and accruing	124,000		135,000		'	'	'
90 days or more and accruing	0		0		'	'	'
Total past due and accruing	124,000		135,000		'	'	'
Nonaccrual	0	[1]	89,000	[1]	'	'	'
Current and accruing	6,422,223,000		5,245,781,000		'	'	'
Total loans held for investment	6,422,347,000	[2]	5,246,005,000	[2]	'	'	'
CRE construction	'		'		'	'	'
Analysis of payment status of loans held for investment [Abstract]	'		'		'	'	'
30-89 days and accruing	0		0		'	'	'
90 days or more and accruing	0		0		'	'	'
Total past due and accruing	0		0		'	'	'
Nonaccrual	0	[1]	0	[1]	'	'	'
Current and accruing	94,195,000		60,840,000		'	'	'
Total loans held for investment	94,195,000	[2]	60,840,000	[2]	'	'	'
CRE loans	'		'		'	'	'
Analysis of payment status of loans held for investment [Abstract]	'		'		'	'	'
30-89 days and accruing	0		0		'	'	'
90 days or more and accruing	0		0		'	'	'
Total past due and accruing	0		0		'	'	'
Nonaccrual	18,876,000	[1]	25,512,000	[1]	'	'	'
Current and accruing	1,670,287,000		1,257,534,000		'	'	'
Total loans held for investment	1,689,163,000	[2]	1,283,046,000	[2]	'	'	'
Tax-exempt	'		'		'	'	'
Analysis of payment status of loans held for investment [Abstract]	'		'		'	'	'
30-89 days and accruing	0		'		'	'	'
90 days or more and accruing	0		'		'	'	'
Total past due and accruing	0		'		'	'	'
Nonaccrual	0	[1]	'		'	'	'
Current and accruing	122,218,000		'		'	'	'
Total loans held for investment	122,218,000	[2]	'		'	'	'
Residential mortgage - first mortgage loans	'		'		'	'	'
Analysis of payment status of loans held for investment [Abstract]	'		'		'	'	'
30-89 days and accruing	1,648,000		3,753,000		'	'	'
90 days or more and accruing	0		0		'	'	'
Total past due and accruing	1,648,000		3,753,000		'	'	'
Nonaccrual	61,391,000	[1]	75,889,000	[1]	'	'	'
Current and accruing	1,668,724,000		1,643,805,000		'	'	'
Total loans held for investment	1,731,763,000	[2]	1,723,447,000	[2]	'	'	'
Residential mortgage - Home equity loans/lines	'		'		'	'	'
Analysis of payment status of loans held for investment [Abstract]	'		'		'	'	'
30-89 days and accruing	57,000		0		'	'	'
90 days or more and accruing	0		0		'	'	'
Total past due and accruing	57,000		0		'	'	'
Nonaccrual	398,000	[1]	468,000	[1]	'	'	'
Current and accruing	19,529,000		21,735,000		'	'	'
Total loans held for investment	19,984,000	[2]	22,203,000	[2]	'	'	'
SBL	'		'		'	'	'
Analysis of payment status of loans held for investment [Abstract]	'		'		'	'	'
30-89 days and accruing	0		0		'	'	'
90 days or more and accruing	0		0		'	'	'
Total past due and accruing	0		0		'	'	'
Nonaccrual	0	[1]	0	[1]	'	'	'
Current and accruing	1,023,748,000		555,805,000		'	'	'
Total loans held for investment	$1,023,748,000	[2]	$555,805,000	[2]	'	'	'
[1]	Includes $41.4 million and $55.5 million of nonaccrual loans at September 30, 2014 and 2013, respectively, which are performing pursuant to their contractual terms.
[2]	Excludes any net unearned income and deferred expenses.

BANK_LOANS_NET_Summary_of_Impa

BANK LOANS, NET, Summary of Impaired Loans (Details) (USD $)	12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Gross recorded investment [Abstract]	'		'		'
Impaired loans with allowance for loan losses, gross recorded investment	$55,765,000	[1]	$52,677,000	[1]	'
Impaired loans without allowance for loan losses, recorded investment	40,863,000	[2]	47,029,000	[2]	'
Total impaired loans, gross recorded investment	96,628,000	[2]	99,706,000	[2]	'
Unpaid principal balance [Abstract]	'		'		'
Impaired loans with allowance for loan losses, unpaid principal balance	73,935,000	[1]	77,340,000	[1]	'
Impaired loans without allowance for loan losses, unpaid principal balance	72,666,000	[2]	77,940,000	[2]	'
Total impaired loans, unpaid principal balance	146,601,000	[2]	155,280,000	[2]	'
Allowance for loan losses [Abstract]	'		'		'
Impaired loans with allowance for loan losses, allowance for losses	6,301,000	[1],[2]	6,651,000	[1],[2]	'
Impaired loans without allowance for loan losses, allowance for loan losses	0	[2]	0	[2]	'
Loan and Lease Receivables, Impaired [Abstract]	'		'		'
Average impaired loan balance	99,990,000		106,354,000		109,090,000
Interest income recognized	1,592,000		1,644,000		1,401,000
C&I loans	'		'		'
Gross recorded investment [Abstract]	'		'		'
Impaired loans with allowance for loan losses, gross recorded investment	11,959,000	[1]	0	[1]	'
Impaired loans without allowance for loan losses, recorded investment	0	[2]	89,000	[2]	'
Unpaid principal balance [Abstract]	'		'		'
Impaired loans with allowance for loan losses, unpaid principal balance	12,563,000	[1]	0	[1]	'
Impaired loans without allowance for loan losses, unpaid principal balance	0	[2]	94,000	[2]	'
Allowance for loan losses [Abstract]	'		'		'
Impaired loans with allowance for loan losses, allowance for losses	1,289,000	[1]	0	[1]	'
Impaired loans without allowance for loan losses, allowance for loan losses	0	[2]	0	[2]	'
Loan and Lease Receivables, Impaired [Abstract]	'		'		'
Impaired loan, troubled debt restructurings	12,000,000		'		'
Average impaired loan balance	6,183,000		15,398,000		10,196,000
CRE loans	'		'		'
Gross recorded investment [Abstract]	'		'		'
Impaired loans with allowance for loan losses, gross recorded investment	0	[1]	17,000	[1]	'
Impaired loans without allowance for loan losses, recorded investment	18,876,000	[2]	25,495,000	[2]	'
Unpaid principal balance [Abstract]	'		'		'
Impaired loans with allowance for loan losses, unpaid principal balance	0	[1]	26,000	[1]	'
Impaired loans without allowance for loan losses, unpaid principal balance	39,717,000	[2]	45,229,000	[2]	'
Allowance for loan losses [Abstract]	'		'		'
Impaired loans with allowance for loan losses, allowance for losses	0	[1]	1,000	[1]	'
Impaired loans without allowance for loan losses, allowance for loan losses	0	[2]	0	[2]	'
Loan and Lease Receivables, Impaired [Abstract]	'		'		'
Impaired loan, troubled debt restructurings	18,900,000		2,200,000		'
Average impaired loan balance	23,416,000		13,352,000		11,902,000
Residential mortgage - first mortgage loans	'		'		'
Gross recorded investment [Abstract]	'		'		'
Impaired loans with allowance for loan losses, gross recorded investment	43,806,000	[1]	52,624,000	[1]	'
Impaired loans without allowance for loan losses, recorded investment	21,987,000	[2]	21,445,000	[2]	'
Unpaid principal balance [Abstract]	'		'		'
Impaired loans with allowance for loan losses, unpaid principal balance	61,372,000	[1]	77,240,000	[1]	'
Impaired loans without allowance for loan losses, unpaid principal balance	32,949,000	[2]	32,617,000	[2]	'
Allowance for loan losses [Abstract]	'		'		'
Impaired loans with allowance for loan losses, allowance for losses	5,012,000	[1]	6,646,000	[1]	'
Impaired loans without allowance for loan losses, allowance for loan losses	0	[2]	0	[2]	'
Loan and Lease Receivables, Impaired [Abstract]	'		'		'
Impaired loan, troubled debt restructurings	36,600,000		36,600,000		'
Average impaired loan balance	70,370,000		77,511,000		86,854,000
Interest income recognized	1,592,000		1,644,000		1,397,000
Residential mortgage - Home equity loans/lines	'		'		'
Gross recorded investment [Abstract]	'		'		'
Impaired loans with allowance for loan losses, gross recorded investment	0	[1]	36,000	[1]	'
Unpaid principal balance [Abstract]	'		'		'
Impaired loans with allowance for loan losses, unpaid principal balance	0	[1]	74,000	[1]	'
Allowance for loan losses [Abstract]	'		'		'
Impaired loans with allowance for loan losses, allowance for losses	0	[1]	4,000	[1]	'
Loan and Lease Receivables, Impaired [Abstract]	'		'		'
Average impaired loan balance	21,000		93,000		138,000
Interest income recognized	$0		$0		$4,000
[1]	Impaired loan balances have had reserves established based upon management’s analysis.
[2]	When the discounted cash flow, collateral value or market value equals or exceeds the carrying value of the loan, then the loan does not require an allowance. These are generally loans in process of foreclosure that have already been adjusted to fair value.

BANK_LOANS_NET_Impact_of_TDRs_

BANK LOANS, NET, Impact of TDRs (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
	Contract	TDR	Contract
	TDR	Contract	TDR
Modification of loans [Abstract]	'	'	'
Number of contracts (in TDRs)	17	'	'
Pre-modification outstanding recorded investment	$45,090	'	'
Post-modification outstanding recorded investment	41,218	'	'
Subsquent default of modified loans [Abstract]	'	'	'
Number of outstanding commitments	1	0	'
Outstanding commitments on TDRs	560	'	'
C&I loans	'	'	'
Modification of loans [Abstract]	'	'	'
Number of contracts (in TDRs)	1	'	'
Pre-modification outstanding recorded investment	19,200	'	'
Post-modification outstanding recorded investment	15,035	'	'
CRE loans	'	'	'
Modification of loans [Abstract]	'	'	'
Number of contracts (in TDRs)	2	'	'
Pre-modification outstanding recorded investment	22,291	'	'
Post-modification outstanding recorded investment	22,291	'	'
Residential mortgage - first mortgage loans	'	'	'
Modification of loans [Abstract]	'	'	'
Number of contracts (in TDRs)	14	56	20
Pre-modification outstanding recorded investment	3,599	13,270	5,875
Post-modification outstanding recorded investment	3,892	13,551	6,283
Subsquent default of modified loans [Abstract]	'	'	'
Number of contract modifications with subsequent defaults	3	2	5
Recorded investment of contract modifications with subsequent defaults	$852	$291	$1,200

BANK_LOANS_NET_Credit_Quality_

BANK LOANS, NET, Credit Quality of Held for Investment Loan Portfolio (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	$11,103,418		$8,891,346
Performing residential first mortgage loans	1,492,661	[1]	'
LTV less than 50%	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Performing residential first mortgage loans	454,703	[1]	'
LTV greater than 50% but less than 80%	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Performing residential first mortgage loans	816,055	[1]	'
LTV greater than 80% but less than 100%	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Performing residential first mortgage loans	184,512	[1]	'
LTV greater than 100%, but less than 120%	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Performing residential first mortgage loans	32,222	[1]	'
LTV greater than 120% but less than 140%	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Performing residential first mortgage loans	5,169	[1]	'
LTV greater than 140%	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Performing residential first mortgage loans	0	[1]	'
C&I loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	6,422,347		5,246,005
CRE construction	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	94,195		60,840
CRE loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	1,689,163		1,283,046
Tax-exempt	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	122,218		0
Residential mortgage - first mortgage loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	1,731,763		1,723,448
Residential mortgage - Home equity loans/lines	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	19,984		22,202
SBL	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	1,023,748		555,805
Pass	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	10,898,617		8,535,233
Pass | C&I loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	6,321,662		5,012,786
Pass | CRE construction	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	94,195		60,840
Pass | CRE loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	1,669,897		1,257,130
Pass | Tax-exempt	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	122,218		0
Pass | Residential mortgage - first mortgage loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	1,647,325		1,627,090
Pass | Residential mortgage - Home equity loans/lines	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	19,572		21,582
Pass | SBL	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	1,023,748		555,805
Special mention	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	98,638	[2]	158,416	[2]
Special mention | C&I loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	83,101	[2]	139,159	[2]
Special mention | CRE construction	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Special mention | CRE loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	191	[2]	195	[2]
Special mention | Tax-exempt	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Special mention | Residential mortgage - first mortgage loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	15,346	[2]	18,912	[2]
Special mention | Residential mortgage - Home equity loans/lines	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	150	[2]
Special mention | SBL	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Substandard	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	105,255	[2]	195,500	[2]
Substandard | C&I loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	17,584	[2]	94,060	[2]
Substandard | CRE construction	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Substandard | CRE loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	18,167	[2]	23,524	[2]
Substandard | Tax-exempt	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Substandard | Residential mortgage - first mortgage loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	69,092	[2]	77,446	[2]
Substandard | Residential mortgage - Home equity loans/lines	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	412	[2]	470	[2]
Substandard | SBL	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Doubtful	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	908	[2]	2,197	[2]
Doubtful | C&I loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Doubtful | CRE construction	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Doubtful | CRE loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	908	[2]	2,197	[2]
Doubtful | Tax-exempt	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Doubtful | Residential mortgage - first mortgage loans	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Doubtful | Residential mortgage - Home equity loans/lines	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	0	[2]	0	[2]
Doubtful | SBL	'		'
Financing Receivable, Recorded Investment [Line Items]	'		'
Total loans held for investment	$0	[2]	$0	[2]
[1]	Excludes loans that have full repurchase recourse for any delinquent loans.
[2]	Loans classified as special mention, substandard or doubtful are all considered to be “criticized” loans.

BANK_LOANS_NET_Allowance_for_L

BANK LOANS, NET, Allowance for Loan Losses (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Changes in the allowance for loan losses [Roll Forward]	'	'	'
Balance at beginning of year:	$136,501	$147,541	$145,744
Provision (benefit) for loan losses	13,565	2,565	25,894
Net (charge-offs)/recoveries:	'	'	'
Charge-offs	-3,876	-17,437	-27,852
Recoveries	2,129	4,128	3,638
Net (charge-offs)/recoveries	-1,747	-13,309	-24,214
Foreign currency translation adjustment	-745	-296	117
Balance at end of period	147,574	136,501	147,541
Loans held for sale	'	'	'
Changes in the allowance for loan losses [Roll Forward]	'	'	'
Balance at beginning of year:	0	0	5
Provision (benefit) for loan losses	0	0	-5
Net (charge-offs)/recoveries:	'	'	'
Charge-offs	0	0	0
Recoveries	0	0	0
Net (charge-offs)/recoveries	0	0	0
Foreign currency translation adjustment	0	0	0
Balance at end of period	0	0	0
Loans held for investment	'	'	'
Net (charge-offs)/recoveries:	'	'	'
Balance at end of period	147,574	136,501	'
Loans held for investment | C&I loans	'	'	'
Changes in the allowance for loan losses [Roll Forward]	'	'	'
Balance at beginning of year:	95,994	92,409	81,267
Provision (benefit) for loan losses	9,560	4,505	21,543
Net (charge-offs)/recoveries:	'	'	'
Charge-offs	-1,845	-813	-10,486
Recoveries	16	117	0
Net (charge-offs)/recoveries	-1,829	-696	-10,486
Foreign currency translation adjustment	-546	-224	85
Balance at end of period	103,179	95,994	92,409
Loans held for investment | CRE construction	'	'	'
Changes in the allowance for loan losses [Roll Forward]	'	'	'
Balance at beginning of year:	1,000	739	490
Provision (benefit) for loan losses	625	273	242
Net (charge-offs)/recoveries:	'	'	'
Charge-offs	0	0	0
Recoveries	0	0	0
Net (charge-offs)/recoveries	0	0	0
Foreign currency translation adjustment	-31	-12	7
Balance at end of period	1,594	1,000	739
Loans held for investment | CRE loans	'	'	'
Changes in the allowance for loan losses [Roll Forward]	'	'	'
Balance at beginning of year:	19,266	27,546	30,752
Provision (benefit) for loan losses	5,860	-301	-2,305
Net (charge-offs)/recoveries:	'	'	'
Charge-offs	-16	-9,599	-2,000
Recoveries	80	1,680	1,074
Net (charge-offs)/recoveries	64	-7,919	-926
Foreign currency translation adjustment	-168	-60	25
Balance at end of period	25,022	19,266	27,546
Loans held for investment | Tax-exempt	'	'	'
Changes in the allowance for loan losses [Roll Forward]	'	'	'
Balance at beginning of year:	0	0	0
Provision (benefit) for loan losses	1,380	0	0
Net (charge-offs)/recoveries:	'	'	'
Charge-offs	0	0	0
Recoveries	0	0	0
Net (charge-offs)/recoveries	0	0	0
Foreign currency translation adjustment	0	0	0
Balance at end of period	1,380	0	0
Loans held for investment | Residential mortgage loans	'	'	'
Changes in the allowance for loan losses [Roll Forward]	'	'	'
Balance at beginning of year:	19,126	26,138	33,210
Provision (benefit) for loan losses	-4,759	-2,540	5,655
Net (charge-offs)/recoveries:	'	'	'
Charge-offs	-2,015	-6,771	-15,270
Recoveries	1,998	2,299	2,543
Net (charge-offs)/recoveries	-17	-4,472	-12,727
Foreign currency translation adjustment	0	0	0
Balance at end of period	14,350	19,126	26,138
Loans held for investment | SBL	'	'	'
Changes in the allowance for loan losses [Roll Forward]	'	'	'
Balance at beginning of year:	1,115	709	20
Provision (benefit) for loan losses	899	628	764
Net (charge-offs)/recoveries:	'	'	'
Charge-offs	0	-254	-96
Recoveries	35	32	21
Net (charge-offs)/recoveries	35	-222	-75
Foreign currency translation adjustment	0	0	0
Balance at end of period	$2,049	$1,115	$709

BANK_LOANS_NET_Allowance_for_L1

BANK LOANS, NET, Allowance for Loan Losses, Loans Individually and Collectively Evaluated for Impairment (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
Allowance for loan losses:	'		'		'	'	'
Total allowance for loan losses	$147,574,000		$136,501,000		$147,541,000	$145,744,000	'
Recorded investment [Abstract]	'		'		'	'	'
Total loans held for investment	11,103,418,000	[1]	8,891,346,000	[1]	8,049,236,000	6,636,839,000	6,275,175,000
Reserve for unfunded lending commitments [Abstract]	'		'		'	'	'
Reserve for unfunded lending commitments	10,000,000		9,300,000		'	'	'
CRE construction	'		'		'	'	'
Recorded investment [Abstract]	'		'		'	'	'
Total loans held for investment	94,195,000	[1]	60,840,000	[1]	'	'	'
Tax-exempt	'		'		'	'	'
Recorded investment [Abstract]	'		'		'	'	'
Total loans held for investment	122,218,000	[1]	'		'	'	'
SBL	'		'		'	'	'
Recorded investment [Abstract]	'		'		'	'	'
Total loans held for investment	1,023,748,000	[1]	555,805,000	[1]	'	'	'
Loans held for investment	'		'		'	'	'
Allowance for loan losses:	'		'		'	'	'
Individually evaluated for impairment	6,301,000		6,651,000		'	'	'
Collectively evaluated for impairment	141,273,000		129,850,000		'	'	'
Total allowance for loan losses	147,574,000		136,501,000		'	'	'
Recorded investment [Abstract]	'		'		'	'	'
Individually evaluated for impairment	96,628,000	[1]	99,706,000	[1]	'	'	'
Collectively evaluated for impairment	11,006,790,000	[1]	8,791,640,000	[1]	'	'	'
Total loans held for investment	11,103,418,000	[1]	8,891,346,000	[1]	'	'	'
Loans held for investment | C&I loans	'		'		'	'	'
Allowance for loan losses:	'		'		'	'	'
Individually evaluated for impairment	1,289,000		0		'	'	'
Collectively evaluated for impairment	101,890,000		95,994,000		'	'	'
Total allowance for loan losses	103,179,000		95,994,000		92,409,000	81,267,000	'
Recorded investment [Abstract]	'		'		'	'	'
Individually evaluated for impairment	11,959,000	[1]	89,000	[1]	'	'	'
Collectively evaluated for impairment	6,410,388,000	[1]	5,245,916,000	[1]	'	'	'
Total loans held for investment	6,422,347,000	[1]	5,246,005,000	[1]	'	'	'
Loans held for investment | CRE construction	'		'		'	'	'
Allowance for loan losses:	'		'		'	'	'
Individually evaluated for impairment	0		0		'	'	'
Collectively evaluated for impairment	1,594,000		1,000,000		'	'	'
Total allowance for loan losses	1,594,000		1,000,000		739,000	490,000	'
Recorded investment [Abstract]	'		'		'	'	'
Individually evaluated for impairment	0	[1]	0	[1]	'	'	'
Collectively evaluated for impairment	94,195,000	[1]	60,840,000	[1]	'	'	'
Total loans held for investment	94,195,000	[1]	60,840,000	[1]	'	'	'
Loans held for investment | CRE loans	'		'		'	'	'
Allowance for loan losses:	'		'		'	'	'
Individually evaluated for impairment	0		1,000		'	'	'
Collectively evaluated for impairment	25,022,000		19,265,000		'	'	'
Total allowance for loan losses	25,022,000		19,266,000		27,546,000	30,752,000	'
Recorded investment [Abstract]	'		'		'	'	'
Individually evaluated for impairment	18,876,000	[1]	25,512,000	[1]	'	'	'
Collectively evaluated for impairment	1,670,287,000	[1]	1,257,534,000	[1]	'	'	'
Total loans held for investment	1,689,163,000	[1]	1,283,046,000	[1]	'	'	'
Loans held for investment | Tax-exempt	'		'		'	'	'
Allowance for loan losses:	'		'		'	'	'
Individually evaluated for impairment	0		0		'	'	'
Collectively evaluated for impairment	1,380,000		0		'	'	'
Total allowance for loan losses	1,380,000		0		0	0	'
Recorded investment [Abstract]	'		'		'	'	'
Individually evaluated for impairment	0	[1]	0	[1]	'	'	'
Collectively evaluated for impairment	122,218,000	[1]	0	[1]	'	'	'
Total loans held for investment	122,218,000	[1]	0	[1]	'	'	'
Loans held for investment | Residential mortgage loans	'		'		'	'	'
Allowance for loan losses:	'		'		'	'	'
Individually evaluated for impairment	5,012,000		6,650,000	[2]	'	'	'
Collectively evaluated for impairment	9,338,000		12,476,000	[2]	'	'	'
Total allowance for loan losses	14,350,000		19,126,000		26,138,000	33,210,000	'
Recorded investment [Abstract]	'		'		'	'	'
Individually evaluated for impairment	65,793,000	[1]	74,105,000	[1],[2]	'	'	'
Collectively evaluated for impairment	1,685,954,000	[1]	1,671,545,000	[1],[2]	'	'	'
Total loans held for investment	1,751,747,000	[1]	1,745,650,000	[1]	'	'	'
Loans held for investment | SBL	'		'		'	'	'
Allowance for loan losses:	'		'		'	'	'
Individually evaluated for impairment	0		0		'	'	'
Collectively evaluated for impairment	2,049,000		1,115,000		'	'	'
Total allowance for loan losses	2,049,000		1,115,000		709,000	20,000	'
Recorded investment [Abstract]	'		'		'	'	'
Individually evaluated for impairment	0	[1]	0	[1]	'	'	'
Collectively evaluated for impairment	1,023,748,000	[1]	555,805,000	[1]	'	'	'
Total loans held for investment	$1,023,748,000	[1]	$555,805,000	[1]	'	'	'
[1]	Excludes any net unearned income and deferred expenses.
[2]	The amounts presented have been revised from those reported in the prior year in order to present such prior year balances in a manner that is consistent with the current year computational method.

PREPAID_EXPENSES_AND_OTHER_ASS2

PREPAID EXPENSES AND OTHER ASSETS (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013
Prepaid Expense and Other Assets [Abstract]	'		'
Investments in company-owned life insurance	$287,144,000	[1]	$244,921,000	[1]
Investment in FHLB stock	32,636,000		12,125,000
Investment in FRB stock	22,950,000		21,300,000
Prepaid expenses	83,509,000		77,765,000
Low-income housing tax credit fund financing asset	28,421,000	[2]	33,670,000	[2]
Indemnification asset	154,681,000	[3]	171,135,000	[3]
Other assets	45,915,000		50,509,000
Prepaid expenses and other assets	655,256,000		611,425,000
Cumulative face value of company-owned life insurance policies	797,200,000		'
Amount of liability related to the Low-Income Housing Tax Credit Fund Financing Asset	$28,400,000		$33,700,000
[1]	As of September 30, 2014, we own life insurance policies with a cumulative face value of $797.2 million.
[2]	In a prior year, we sold an investment in a low-income housing tax credit fund and we guaranteed the return on investment to the purchaser. As a result of this guarantee obligation, we are the primary beneficiary of the fund (see Note 11 for further information regarding the consolidation of this fund) and we have accounted for this transaction as a financing. As a financing transaction, we continue to account for the asset transferred to the purchaser, and maintain a related liability corresponding to our obligations under the guarantee. As the benefits are delivered to the purchaser of the investment, this financing asset and the related liability decrease. A related financing liability in the amount of $28.4 million and $33.7 million is included in trade and other payables on our Consolidated Statements of Financial Condition as of September 30, 2014 and 2013, respectively. See Note 21 for further discussion of our obligations under the guarantee.
[3]	The indemnification asset pertains to legal matters for which Regions has indemnified RJF in connection with our acquisition of Morgan Keegan. The liabilities related to such matters are included in trade and other payables on our Consolidated Statements of Financial Condition. See Notes 3 and 21 for additional information.

VARIABLE_INTEREST_ENTITIES_Det

VARIABLE INTEREST ENTITIES (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
	investor
	Fund
	affiliate
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]	'		'		'
Number of multiinvestor tax credit funds in which RJTCF is the managing member	1		'		'
Number of investors with a guaranteed return	1		'		'
Assets:	'		'		'
Assets segregated pursuant to regulations and other segregated assets	$2,489,264	[1]	$4,064,827	[1]	'
Prepaid expenses and other assets	655,256		611,425		'
Total assets	23,325,652		23,186,122		'
Liabilities and Equity:	'		'		'
Trade and other payables	763,235		630,344		'
Total liabilities	18,892,396		19,187,785		'
Equity	4,141,236		3,662,924		'
Noncontrolling interests	292,020		335,413		'
Total equity	4,433,256		3,998,337		3,680,282
Total liabilities and equity	23,325,652		23,186,122		'
Revenues:	'		'		'
Interest	480,886		473,599		453,258
Other	67,516		145,882		86,473
Total revenues	4,965,460	[2]	4,595,798	[2]	3,897,900	[2]
Interest expense	-104,091		-110,371		-91,369
Net revenues	4,861,369		4,485,427		3,806,531
Non-interest expenses	4,145,421		3,891,517		3,338,610
Net income including noncontrolling interests	448,151		396,877		292,265
Net (loss) income attributable to noncontrolling interests	-32,097		29,723		-3,604
Net income attributable to Raymond James Financial, Inc.	480,248		367,154		295,869
Low-income housing tax credit funds [Abstract]	'		'		'
Number of low-income housing tax credit (LIHTC) funds	91		'		'
Minimum number of investor members or limited partners of LIHTC Funds	1		'		'
Number of low-income housing tax credit (LIHTC) funds determined to be VIE's	81		'		'
Number of low-income housing tax credit (LIHTC) funds not determined to be VIE's	10		'		'
Number of guaranteed tax credit funds	1		'		'
Number of tax credit funds consolidated but not determined to be VIE's	4		'		'
Managing Member of NMTC Funds, Number of Affiliates	1		'		'
Variable interest entities, not primary beneficiary [Abstract]	'		'		'
Number of new market tax credit funds, not primary beneficiary	7		'		'
LIHTC Funds - Primary Beneficiary	'		'		'
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]	'		'		'
Aggregate assets	179,050	[3]	208,634	[3]	'
Aggregate liabilities	60,180	[3]	78,055	[3]	'
Low-income housing tax credit funds [Abstract]	'		'		'
Number of non-guaranteed tax credit funds	8		'		'
Guaranteed LIHTC Fund - Primary Beneficiary	'		'		'
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]	'		'		'
Aggregate assets	74,798	[3],[4]	81,712	[3],[4]	'
Aggregate liabilities	0	[3],[4]	0	[3],[4]	'
Restricted Stock Trust Fund - Primary Beneficiary	'		'		'
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]	'		'		'
Aggregate assets	6,608	[3]	13,075	[3]	'
Aggregate liabilities	6,608	[3]	6,710	[3]	'
EIF Funds - Primary Beneficiary	'		'		'
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]	'		'		'
Aggregate assets	6,041	[3]	7,588	[3]	'
Aggregate liabilities	0	[3]	0	[3]	'
Total VIEs - Primary Beneficiary	'		'		'
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]	'		'		'
Aggregate assets	266,497	[3]	311,009	[3]	'
Aggregate liabilities	66,788	[3]	84,765	[3]	'
Assets:	'		'		'
Assets segregated pursuant to regulations and other segregated assets	10,887		11,857		'
Receivables, other	5,812		5,763		'
Investments in real estate partnerships held by consolidated variable interest entities	235,858		272,096		'
Trust fund investment in RJF common stock	6,607	[5]	13,073	[5]	'
Prepaid expenses and other assets	5,728		8,230		'
Total assets	264,892		311,019		'
Liabilities and Equity:	'		'		'
Trade and other payables	10,157		1,428		'
Intercompany payables	6,608		6,390		'
Loans payable of consolidated variable interest entities	43,877	[6]	62,938	[6]	'
Total liabilities	60,642		70,756		'
Equity	6,165		6,175		'
Noncontrolling interests	198,085		234,088		'
Total equity	204,250		240,263		'
Total liabilities and equity	264,892		311,019		'
Revenues:	'		'		'
Interest	1		4		3
Other	1,334		3,538		3,944
Total revenues	1,335		3,542		3,947
Interest expense	-2,900		-3,959		-5,032
Net revenues	-1,565		-417		-1,085
Non-interest expenses	40,819		27,292		25,207
Net income including noncontrolling interests	-42,384		-27,709		-26,292
Net (loss) income attributable to noncontrolling interests	-42,374		-27,779		-26,860
Net income attributable to Raymond James Financial, Inc.	-10		70		568
LIHTC Funds - Not Primary Beneficiary	'		'		'
Variable interest entity, nonconsolidated, carrying amount of assets and liabilities [Abstract]	'		'		'
Aggregate assets	2,988,224		2,532,457		'
Aggregate liabilities	899,586		762,346		'
Our risk of loss	48,915		14,387		'
NMTC Funds	'		'		'
Variable interest entity, nonconsolidated, carrying amount of assets and liabilities [Abstract]	'		'		'
Aggregate assets	83,474		140,499		'
Aggregate liabilities	2		278		'
Our risk of loss	13		13		'
Other Real Estate Limited Partnerships and LLCs - Not Primary Beneficiary	'		'		'
Variable interest entity, nonconsolidated, carrying amount of assets and liabilities [Abstract]	'		'		'
Aggregate assets	30,202		30,240		'
Aggregate liabilities	36,262		35,512		'
Our risk of loss	183		212		'
Total VIEs - Not Primary Beneficiary	'		'		'
Variable interest entity, nonconsolidated, carrying amount of assets and liabilities [Abstract]	'		'		'
Aggregate assets	3,101,900		2,703,196		'
Aggregate liabilities	935,850		798,136		'
Our risk of loss	49,111		14,612		'
Managed Funds	'		'		'
Variable interest entity, nonconsolidated, carrying amount of assets and liabilities [Abstract]	'		'		'
Aggregate assets	103,618		56,321		'
Aggregate liabilities	11		1,415		'
Our risk of loss	$94		$202		'
[1]	Consists of cash maintained in accordance with Rule 15c3-3 under the Securities Exchange Act of 1934. RJ&A as a broker-dealer carrying client accounts, is subject to requirements related to maintaining cash or qualified securities in segregated reserve accounts for the exclusive benefit of its’ clients. Additionally, RJ Ltd. is required to hold client Registered Retirement Savings Plan funds in trust.
[2]	No individual client accounted for more than ten percent of total revenues in any of the years presented.
[3]	Aggregate assets and aggregate liabilities differ from the consolidated carrying value of assets and liabilities due to the elimination of intercompany assets and liabilities held by the consolidated VIE.
[4]	In connection with one of the multi-investor tax credit funds in which RJTCF is the managing member, RJTCF has provided one investor member with a guaranteed return on their investment in the fund. See Note 10 for information regarding the financing asset associated with this fund, and see Note 21 for additional information regarding this commitment.
[5]	Included in treasury stock in our Consolidated Statements of Financial Condition.
[6]	Comprised of several non-recourse loans. We are not contingently liable under any of these loans (see Note 16 for additional information).

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013
In Thousands, unless otherwise specified
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	$585,657	$587,220
Less: Accumulated depreciation and amortization	-340,256	-342,804
Total property and equipment, net	245,401	244,416
Land	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	20,104	20,104
Construction in process	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	3,295	707
Software	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	151,590	131,115
Buildings, leasehold and land improvements	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	234,104	235,239
Furniture, fixtures, and equipment	'	'
Property, Plant and Equipment [Line Items]	'	'
Property and equipment, gross	$176,564	$200,055

GOODWILL_AND_IDENTIFIABLE_INTA2

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Schedule of Goodwill and Net Identifiable Intangible Asset Balances (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012
In Thousands, unless otherwise specified
Goodwill and Intangible Assets Disclosure [Abstract]	'	'	'	'
Goodwill	$295,486	$295,486	$295,486	$300,111
Identifiable intangible assets, net	58,775	65,978	'	'
Total goodwill and identifiable intangible assets, net	$354,261	$361,464	'	'

GOODWILL_AND_IDENTIFIABLE_INTA3

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Schedule of Goodwill (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013		Sep. 30, 2012	Dec. 31, 2012
Goodwill [Roll Forward]	'	'		'	'
Goodwill (beginning of the period)	$295,486	$300,111		'	$295,486
Additions	'	2,308	[1]	'	'
Impairment losses	0	-6,933	[2]	0	'
Goodwill (end of the period)	295,486	295,486		300,111	295,486
Private client group	'	'		'	'
Goodwill [Roll Forward]	'	'		'	'
Goodwill (beginning of the period)	'	'		'	174,584
Goodwill (end of the period)	'	'		'	174,584
Capital markets	'	'		'	'
Goodwill [Roll Forward]	'	'		'	'
Goodwill (beginning of the period)	'	'		'	120,902
Impairment losses	'	-6,933		'	'
Goodwill (end of the period)	'	'		'	120,902
Capital markets | Portion attributable to RJF pre-tax income	'	'		'	'
Goodwill [Roll Forward]	'	'		'	'
Impairment losses	'	-4,600		'	'
Capital markets | Portion attributable to non-controllling interests	'	'		'	'
Goodwill [Roll Forward]	'	'		'	'
Impairment losses	'	-2,300		'	'
Operating Segments | Private client group	'	'		'	'
Goodwill [Roll Forward]	'	'		'	'
Goodwill (beginning of the period)	174,584	173,317		'	'
Additions	'	1,267	[1]	'	'
Impairment losses	0	0	[2]	'	'
Goodwill (end of the period)	174,584	174,584		'	'
Operating Segments | Capital markets	'	'		'	'
Goodwill [Roll Forward]	'	'		'	'
Goodwill (beginning of the period)	120,902	126,794		'	'
Additions	'	1,041	[1]	'	'
Impairment losses	0	-6,933	[2]	'	'
Goodwill (end of the period)	$120,902	$120,902		'	'
Raymond James European Securities	'	'		'	'
Goodwill [Roll Forward]	'	'		'	'
Ownership percentage	'	'		'	100.00%
[1]	The goodwill adjustment in the prior fiscal year arose from a change in a tax election pertaining to whether assets acquired and liabilities assumed are written-up to fair value for tax purposes. This election is made on an entity-by-entity basis, and during the period indicated, our assumption regarding whether we would make such election changed for one of the Morgan Keegan entities we acquired. The offsetting balance associated with this adjustment to goodwill was the net deferred tax asset.
[2]	The impairment expense in the prior fiscal year ended September 30, 2013 is associated with the RJES reporting unit. We concluded the goodwill associated with this reporting unit to be completely impaired during fiscal year 2013. Since we did not own 100% of RJES as of the goodwill impairment testing date, for the year ended September 30, 2013 the effect of this impairment expense on the pre-tax income attributable to Raymond James Financial, Inc. is approximately $4.6 million and the portion of the impairment expense attributable to the noncontrolling interests is approximately $2.3 million

GOODWILL_AND_IDENTIFIABLE_INTA4

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Quantitative Analysis of Goodwill (Details) (USD $)

12 Months Ended

12 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Sep. 30, 2013

Private client group

Private client group

Private client group

Private client group

Private client group

Private client group

Private client group

Capital markets

Capital markets

Capital markets

Capital markets

Capital markets

Capital markets

Capital markets

Capital markets

Capital markets

Capital markets

Portion attributable to RJF pre-tax income

MK&Co

MK&Co

Raymond James and Associates Inc

Raymond James and Associates Inc

Raymond James Ltd

Raymond James Ltd

MK&Co

MK&Co

Raymond James and Associates Inc

Raymond James and Associates Inc

Raymond James and Associates Inc

Raymond James and Associates Inc

Raymond James Ltd

Raymond James Ltd

Capital markets

Rate

Rate

Rate

Fixed Income

Fixed Income

Fixed Income

Fixed Income

Equity Capital Markets

Equity Capital Markets

Equity Capital Markets

Equity Capital Markets

Rate

Rate

Rate

Rate

Quantitative Analysis of Goodwill [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Goodwill

$295,486

$295,486

$300,111

$295,486

$174,584

'

$126,486

'

$31,954

'

$16,144

'

$120,902

'

$13,646

'

$77,325

'

$13,038

'

$16,893

'

Key Assumptions Used in Quantitative Analysis [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Discount rate used in the income approach

'

'

'

'

'

'

14.00%

'

13.00%

'

18.00%

'

'

'

16.00%

'

14.00%

'

15.00%

'

20.00%

'

Multiple applied to revenue in the market approach

'

'

'

'

'

0.5

'

0.5

'

1

'

'

'

0.9

'

1

'

0.3

'

1.1

'

'

Multiple applied to EPS in the market approach

'

'

'

'

'

10

'

13.5

'

12

'

'

'

8

'

9

'

7

'

11

'

'

Weight assigned to the outcome of [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income approach

'

'

'

'

'

'

50.00%

'

50.00%

'

50.00%

'

'

'

50.00%

'

50.00%

'

50.00%

'

50.00%

'

Market approach

'

'

'

'

'

'

50.00%

'

50.00%

'

50.00%

'

'

'

50.00%

'

50.00%

'

50.00%

'

50.00%

'

Goodwill impairment expense

$0

$6,933

[1]

$0

'

'

'

'

'

'

'

'

$6,933

'

'

'

'

'

'

'

'

'

$4,600

[1]

The impairment expense in the prior fiscal year ended September 30, 2013 is associated with the RJES reporting unit. We concluded the goodwill associated with this reporting unit to be completely impaired during fiscal year 2013. Since we did not own 100% of RJES as of the goodwill impairment testing date, for the year ended September 30, 2013 the effect of this impairment expense on the pre-tax income attributable to Raymond James Financial, Inc. is approximately $4.6 million and the portion of the impairment expense attributable to the noncontrolling interests is approximately $2.3 million

GOODWILL_AND_IDENTIFIABLE_INTA5

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Net Amortizable Intangible Assets (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012		Dec. 24, 2012
Finite-lived Intangible Assets [Roll Forward]	'		'		'		'
Amortizable net intangible assets (beginning of the period)	$65,978		$61,135		$1,043		'
Additions	408		14,414		65,000	[1]	'
Amortization expense	-7,611		-9,571		-4,908		'
Impairment losses	0		0		0		'
Amortizable net intangible assets (end of the period)	58,775		65,978		61,135		'
Private client group	'		'		'		'
Finite-lived Intangible Assets [Roll Forward]	'		'		'		'
Amortizable net intangible assets (beginning of the period)	9,191		9,829		210		'
Additions	0		0		10,000	[1]	'
Amortization expense	-580		-638		-381		'
Impairment losses	0		0		0		'
Amortizable net intangible assets (end of the period)	8,611		9,191		9,829		'
Capital markets	'		'		'		'
Finite-lived Intangible Assets [Roll Forward]	'		'		'		'
Amortizable net intangible assets (beginning of the period)	43,474		51,306		833		'
Additions	0		0		55,000	[1]	'
Amortization expense	-5,499		-7,832		-4,527		'
Impairment losses	0		0		0		'
Amortizable net intangible assets (end of the period)	37,975		43,474		51,306		'
Asset Management	'		'		'		'
Finite-lived Intangible Assets [Roll Forward]	'		'		'		'
Amortizable net intangible assets (beginning of the period)	12,329		0		0		'
Additions	0		13,329	[2]	0	[1]	'
Amortization expense	-1,333		-1,000		0		'
Impairment losses	0		0		0		'
Amortizable net intangible assets (end of the period)	10,996		12,329		0		'
Business Combinations [Abstract]	'		'		'		'
Business acquisition, acquired interest (as a percentage)	'		'		'		45.00%
Portion of ClariVest attributable to others	'		'		'		55.00%
RJ Bank	'		'		'		'
Finite-lived Intangible Assets [Roll Forward]	'		'		'		'
Amortizable net intangible assets (beginning of the period)	984		0		0		'
Additions	408	[3]	1,085	[3]	0	[1]	'
Amortization expense	-199		-101		0		'
Impairment losses	0		0		0		'
Amortizable net intangible assets (end of the period)	$1,193		$984		$0		'
Useful life	'10 years		'		'		'
[1]	The fiscal year 2012 additions are directly attributable to the identified intangible assets associated with the Morgan Keegan acquisition, see Note 3 for further information regarding the acquisition.
[2]	This fiscal year 2013 addition is directly attributable to the customer list asset associated with our first quarter fiscal year 2013 acquisition of a 45% interest in ClariVest (see Note 3 for additional information). Since we are consolidating ClariVest, the amount represents the entire customer relationship intangible asset associated with the acquisition transaction; the amount shown is unadjusted by the 55% share of ClariVest attributable to others.
[3]	The additions are the result of mortgage servicing rights held by RJ Bank. The estimated useful life associated with these additions is approximately 10 years

GOODWILL_AND_IDENTIFIABLE_INTA6

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Intangible Assets, by Type (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	$81,450	$81,042
Accumulated amortization	-22,675	-15,064
Customer relationships	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	65,957	65,957
Accumulated amortization	-13,875	-8,663
Trade name	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	2,000	2,000
Accumulated amortization	-2,000	-2,000
Developed technology	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	11,000	11,000
Accumulated amortization	-5,500	-3,300
Non-compete agreements	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	1,000	1,000
Accumulated amortization	-1,000	-1,000
Mortgage servicing rights	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	1,493	1,085
Accumulated amortization	($300)	($101)

GOODWILL_AND_IDENTIFIABLE_INTA7

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Projected Amortization Expense (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]	'	'	'	'
2015	$7,469	'	'	'
2016	7,289	'	'	'
2017	6,177	'	'	'
2018	5,065	'	'	'
2019	5,056	'	'	'
Thereafter	27,719	'	'	'
Total future amortization expense	$58,775	$65,978	$61,135	$1,043

BANK_DEPOSITS_Details

BANK DEPOSITS (Details) (USD $)	12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Bank deposits:	'		'		'
NOW accounts	$5,792,000		$7,003,000		'
Demand deposits (non-interest bearing)	8,386,000		8,555,000		'
Savings and money market accounts	9,670,043,000		8,966,439,000		'
Certificates of deposit	344,703,000		313,374,000		'
Total bank deposits	10,028,924,000	[1]	9,295,371,000	[1]	'
Weighted-average rate [Abstract]	'		'		'
NOW accounts, weighted-average rate (in hundredths)	0.01%	[2]	0.01%	[2]	'
Demand deposits (non-interest-bearing), weighted-average rate (in hundredths)	0.00%	[2]	0.00%	[2]	'
Savings and money market accounts, weighted-average rate (in hundredths)	0.02%	[2]	0.02%	[2]	'
Certificates of deposit, weighted-average rate (in hundredths)	1.81%	[2]	1.96%	[2]	'
Total bank deposits, weighted-average rate (in hundredths)	0.09%	[1],[2]	0.09%	[1],[2]	'
Bank Deposits [Line Items]	'		'		'
Related party deposit liabilities	509,000,000		6,000,000		'
Scheduled maturities of certificates of deposit, denominations greater than or equal to $100,000 [Abstract]	'		'		'
Three months or less	11,761,000		7,343,000		'
Over three through six months	9,067,000		5,908,000		'
Over six through twelve months	15,809,000		9,459,000		'
Over one through two years	33,366,000		31,123,000		'
Over two through three years	45,842,000		33,404,000		'
Over three through four years	35,362,000		47,822,000		'
Over four through five years	55,556,000		36,574,000		'
Total certificates of deposit, denominations greater than or equal to 100,000	206,763,000		171,633,000		'
Scheduled maturities of certificates of deposit, denominations less than 100,000 [Abstract]	'		'		'
Three months or less	9,482,000		8,540,000		'
Over three through six months	10,317,000		6,264,000		'
Over six through twelve months	21,002,000		13,976,000		'
Over one through two years	27,722,000		37,918,000		'
Over two through three years	33,529,000		27,873,000		'
Over three through four years	11,301,000		35,270,000		'
Over four through five years	24,587,000		11,900,000		'
Total certificates of deposit, denominations less than 100,000	137,940,000		141,741,000		'
Interest expense on deposits [Abstract]	'		'		'
Certificates of deposit	6,126,000		6,239,000		6,501,000
Money market, savings and NOW accounts	1,833,000		2,793,000		2,983,000
Total interest expense on deposits	7,959,000		9,032,000		9,484,000
RJF Parent Company	'		'		'
Bank Deposits [Line Items]	'		'		'
Related party deposit liabilities	$500,000,000		'		'
[1]	Bank deposits exclude affiliate deposits of approximately $509 million (which includes $500 million held in a deposit account on behalf of RJF, see Note 30) at September 30, 2014, and $6 million at September 30, 2013.
[2]	Weighted-average rate calculation is based on the actual deposit balances at September 30, 2014 and 2013, respectively.

OTHER_BORROWINGS_Schedule_of_O

OTHER BORROWINGS, Schedule of Other Borrowings (Details) (USD $)	0 Months Ended		12 Months Ended
	Sep. 30, 2014		Sep. 30, 2014		Sep. 30, 2013
			Rate
Other Borrowings [Abstract]	'		'		'
Total other borrowings	$654,916,000		$654,916,000		$84,076,000
Number of FHLB advances	2		2		'
FHLB advance individual amount of loan	250,000,000		250,000,000		'
FHLB advances weighted average interest rate	0.20%		0.20%		'
United States | Minimum	'		'		'
Other Borrowings [Abstract]	'		'		'
Revolving credit agreements, interest rates during the year	'		0.19%		'
United States | Maximum	'		'		'
Other Borrowings [Abstract]	'		'		'
Revolving credit agreements, interest rates during the year	'		2.25%		'
Canada	'		'		'
Other Borrowings [Abstract]	'		'		'
Revolving credit agreements, interest rates during the year	'		2.25%		'
Other Borrowings	'		'		'
Other Borrowings [Abstract]	'		'		'
Total other borrowings	654,916,000		654,916,000		'
ClariVest Asset Management	'		'		'
Other Borrowings [Abstract]	'		'		'
Borrowings outstanding on lines of credit	216,000	[1]	216,000	[1]	0
Revolving credit agreement maximum borrowing capacity	500,000		500,000		'
Revolving credit agreement basis spread on variable rate	'		1.00%		'
Revolving credit agreement expiration date	10-Sep-18		'		'
Line of Credit Facility, Interest Rate at Period End	4.25%		4.25%		'
Secured Debt	'		'		'
Other Borrowings [Abstract]	'		'		'
Borrowings outstanding on lines of credit	154,700,000	[2]	154,700,000	[2]	84,076,000	[2]
Secured Debt | New Regions Credit Agreement	'		'		'
Other Borrowings [Abstract]	'		'		'
Borrowings outstanding on lines of credit	5,000,000		5,000,000		'
Revolving credit agreement maximum borrowing capacity (expressed as a percentage of the value of the pledged securities)	70.00%		70.00%		'
Revolving credit agreement maximum borrowing capacity (expressed as as a dollar amount of the pledged securities)	100,000,000		100,000,000		'
Revolving credit agreement maximum borrowing capacity	92,400,000		92,400,000		'
Revolving credit agreement basis spread on variable rate	'		2.75%		'
Revolving credit agreement expiration date	'		2-Apr-15		'
Unsecured Debt	'		'		'
Other Borrowings [Abstract]	'		'		'
Borrowings outstanding on lines of credit	0	[3]	0	[3]	0	[3]
Federal Home Loan Bank Advances	'		'		'
Other Borrowings [Abstract]	'		'		'
Borrowings outstanding on lines of credit	$500,000,000	[4]	$500,000,000	[4]	$0
[1]	The outstanding balance on the revolving line of credit provided to ClariVest by a third party lender (the “ClariVest Facility”). The maximum amount available to borrow under ClariVest Facility is $500 thousand, bearing interest at a variable rate which is 1% over the lenders prime rate. The ClariVest Facility expires on September 10, 2018.
[2]	Other than a $5 million borrowing outstanding on the Regions Credit Facility (as hereinafter defined) as of both September 30, 2014 and 2013, any borrowings on secured lines of credit are day-to-day and are generally utilized to finance certain fixed income securities.A subsidiary of RJF (the “Borrower”) is a party to a Revolving Credit Agreement (the “Regions Credit Facility”) with Regions Bank. The Regions Credit Facility provides for a revolving line of credit from Regions Bank to the Borrower and is subject to a guarantee in favor of Regions Bank provided by RJF. The proceeds from any borrowings under the line are used for working capital and general corporate purposes. The obligations under the Regions Credit Facility are secured by, subject to certain exceptions, all of the present and future ARS owned by the Borrower (the “Pledged ARS”). The amount of any borrowing under the Regions Credit Facility cannot exceed the lesser of 70% of the value of the Pledged ARS, or $100 million. The maximum amount available to borrow was $92.4 million and the outstanding borrowings were $5 million as of September 30, 2014. The Regions Credit Facility bears interest at a variable rate which is 2.75% over LIBOR. The facility expires on April 2, 2015.
[3]	Any borrowings on unsecured lines of credit are day-to-day and are generally utilized for cash management purposes.
[4]	Borrowings from the FHLB at September 30, 2014 are comprised of two $250 million floating-rate advances. The weighted average interest rate on these advances is 0.20% at September 30, 2014. These advances are secured by a blanket lien granted to the FHLB on RJ Bank’s residential loan portfolio and mature in September 2017. The interest rate resets on a monthly basis for one of the advances, and a quarterly basis for the other. RJ Bank has the option to prepay each advance without penalty on each interest reset date.

OTHER_BORROWINGS_Fiscal_Maturi

OTHER BORROWINGS, Fiscal Maturity (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013
In Thousands, unless otherwise specified
Long-term Debt, Fiscal Year Maturity [Abstract]	'	'
Other Borrowings	$654,916	$84,076
Securities Sold under Agreements to Repurchase [Abstract]	'	'
Securities sold under agreements to repurchase	244,495	300,933
Other Borrowings	'	'
Long-term Debt, Fiscal Year Maturity [Abstract]	'	'
2015	154,700	'
2016	0	'
2017	500,000	'
2018	216	'
Other Borrowings	$654,916	'

LOANS_PAYABLE_OF_CONSOLIDATED_2

LOANS PAYABLE OF CONSOLIDATED VARIABLE INTEREST ENTITIES (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Loans Payable of Consolidated Variable Interest Entities [Abstract]	'	'
Imputed interest rates, minimum (in hundredths)	5.17%	'
Imputed interest rates, maximum (in hundredths)	6.38%	'
Maturity date range, start	2-Jan-15	'
Maturity date range, end	2-Jan-19	'
Loans Payable [Abstract]	'	'
Current portion of loans payable	$17,949	$19,061
Long-term portion of loans payable	25,928	43,877
Total loans payable	43,877	62,938
Contractual maturities of loans of consolidated variable interest entities [Abstract]	'	'
2015	17,949	'
2016	13,331	'
2017	8,240	'
2018	3,668	'
2019	689	'
Total loans payable	$43,877	$62,938

CORPORATE_DEBT_Schedule_of_Cor

CORPORATE DEBT, Schedule of Corporate Debt (Details) (USD $)

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Apr. 30, 2011

Sep. 30, 2014

Sep. 30, 2013

Aug. 31, 2009

Sep. 30, 2014

Sep. 30, 2013

Mar. 31, 2012

Sep. 30, 2014

Sep. 30, 2013

Mar. 31, 2012

Sep. 30, 2014

Sep. 30, 2013

Mortgages

Mortgages

Senior Notes

Senior Notes

Senior Notes

Senior Notes

Senior Notes

Senior Notes

Senior Notes

Senior Notes

Senior Notes

Senior Notes

Senior Notes

Senior Notes

5.70% mortgage notes payable on our headquarters office complex, due 2023

5.70% mortgage notes payable on our headquarters office complex, due 2023

Senior Notes Due 2016

Senior Notes Due 2016

Senior Notes Due 2016

Senior Notes Due 2019

Senior Notes Due 2019

Senior Notes Due 2019

Senior Notes Due 2024

Senior Notes Due 2024

Senior Notes Due 2024

Senior Notes Due 2042

Senior Notes Due 2042

Senior Notes Due 2042

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Corporate debt

$1,190,836,000

$1,194,508,000

$41,802,000

[1]

$45,662,000

[1]

'

$249,846,000

[2]

$249,745,000

[2]

'

$299,975,000

[3]

$299,970,000

[3]

'

$249,213,000

[4]

$249,131,000

[4]

'

$350,000,000

[5]

$350,000,000

[5]

Unamortized discount

'

'

'

'

'

154,000

255,000

'

25,000

30,000

'

787,000

869,000

'

'

'

Book value of collateral securing debt

'

'

50,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate (in hundredths)

'

'

5.70%

'

4.25%

'

'

8.60%

'

'

5.63%

'

'

6.90%

'

'

Maturity date

'

'

1-Jan-23

'

1-Apr-16

'

'

1-Aug-19

'

'

1-Apr-24

'

'

1-Mar-42

'

'

Aggregate principal amount of the notes redeemed

'

'

'

'

$250,000,000

'

'

$300,000,000

'

'

$250,000,000

'

'

$350,000,000

'

'

Percentage of principal amount of notes redeemed (in hundredths)

'

'

'

'

100.00%

'

'

100.00%

'

'

100.00%

'

'

100.00%

'

'

Basis spread used in determining redemption price (in basis points)

'

'

'

'

0.30%

'

'

0.50%

'

'

0.50%

'

'

'

'

'

[1]

Mortgage notes payable pertain to mortgage loans on our headquarters office complex. These mortgage loans are secured by land, buildings, and improvements with a net book value of $50.5 million at September 30, 2014. These mortgage loans bear interest at 5.7% with repayment terms of monthly interest and principal debt service and have a January 2023 maturity.

[2]

In April 2011, we sold in a registered underwritten public offering, $250 million in aggregate principal amount of 4.25% senior notes due April 2016. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity at a redemption price equal to the greater of (i) 100% of the principal amount of the notes to be redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 30 basis points, plus accrued and unpaid interest thereon to the redemption date

[3]

In August 2009, we sold in a registered underwritten public offering, $300 million in aggregate principal amount of 8.60% senior notes due August 2019. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 50 basis points, plus accrued and unpaid interest thereon to the redemption date.

[4]

In March 2012, we sold in a registered underwritten public offering, $250 million in aggregate principal amount of 5.625% senior notes due April 2024. Interest on these senior notes is payable semi-annually. We may redeem some or all of these senior notes at any time prior to their maturity, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes redeemed, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon, discounted to the redemption date at a discount rate equal to a designated U.S. Treasury rate, plus 50 basis points, plus accrued and unpaid interest thereon to the redemption date.

[5]

In March 2012, we sold in a registered underwritten public offering, $350 million in aggregate principal amount of 6.90% senior notes due March 2042. Interest on these senior notes is payable quarterly in arrears. On or after March 15, 2017, we may redeem some or all of the senior notes at any time at the redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued interest thereon to the redemption date.

CORPORATE_DEBT_Fiscal_Year_Mat

CORPORATE DEBT, Fiscal Year Maturity (Details) (Corporate obligations, USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Corporate obligations	'
Contractual maturitites of corporate debt [Abstract]	'
2015	$4,086
2016	254,171
2017	4,578
2018	4,846
2019	305,105
Thereafter	618,050
Total	$1,190,836

DERIVATIVE_FINANCIAL_INSTRUMEN2

DERIVATIVE FINANCIAL INSTRUMENTS (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Derivative [Line Items]	'	'	'
Receivable for uncollectible derivative transaction revenues	$7,000,000	$8,000,000	'
Maximum loss exposure on interest rate derivatives	29,000,000	'	'
Derivative asset position	'	'	'
Derivative [Line Items]	'	'	'
Derivative collateral obligation to return cash	21,000,000	13,000,000	'
Derivative liability position	'	'	'
Derivative [Line Items]	'	'	'
Derivative collateral right to reclaim cash	23,000,000	22,000,000	'
RJ Bank	'	'	'
Derivative [Line Items]	'	'	'
Maximum loss exposure under forward foreign exchange contracts	0	'	'
Forward foreign exchange contracts	'	'	'
Derivative [Line Items]	'	'	'
Derivative collateral obligation to return cash	0	'	'
Net change in currency translations and net investment hedges	29,000,000	14,000,000	-10,000,000
Hedge ineffectiveness	0	0	0
Gain (loss) excluded from assessment of hedge effectiveness	$0	$0	$0
OTC Derivatives	'	'	'
Derivative [Line Items]	'	'	'
Number of derivatives designated as fair value hedges	0	'	'
Number of derivatives designated as cash flow hedges	0	'	'
Derivative instruments associated with offsetting matched book positions	'	'	'
Derivative [Line Items]	'	'	'
Number of derivatives designated as fair value hedges	0	'	'
Number of derivatives designated as cash flow hedges	0	'	'

DERIVATIVE_FINANCIAL_INSTRUMEN3

DERIVATIVE FINANCIAL INSTRUMENTS, Balance Sheet Location (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013
In Thousands, unless otherwise specified
Asset derivatives [Abstract]	'		'
Derivative instruments associated with offsetting matched book positions	$323,337		$250,341
Liabilities derviatives [Abstract]	'		'
Derivative instruments associated with offsetting matched book positions, at fair value	323,337		250,341
Forward foreign exchange contracts	'		'
Asset derivatives [Abstract]	'		'
Fair value	2,462		'
Interest rate contract	'		'
Asset derivatives [Abstract]	'		'
Fair value	89,923	[1]	89,633	[1]
Liabilities derviatives [Abstract]	'		'
Fair value	75,668	[1]	74,920	[1]
Designated as hedging instruments | Forward foreign exchange contracts | Other assets	'		'
Asset derivatives [Abstract]	'		'
Notional amount	609,018		0
Fair value	2,101	[2]	0	[2]
Designated as hedging instruments | Forward foreign exchange contracts | Trade and other payables	'		'
Liabilities derviatives [Abstract]	'		'
Notional amount	0		655,828
Fair value	0	[2]	637	[2]
Derivatives not designated as hedging instruments | Forward foreign exchange contracts | Other assets	'		'
Asset derivatives [Abstract]	'		'
Notional amount	105,179		0
Fair value	361	[2]	0	[2]
Derivatives not designated as hedging instruments | Forward foreign exchange contracts | Trade and other payables	'		'
Liabilities derviatives [Abstract]	'		'
Notional amount	0		79,588
Fair value	0	[2]	77	[2]
Derivatives not designated as hedging instruments | Interest rate contract	'		'
Asset derivatives [Abstract]	'		'
Derivative instruments associated with offsetting matched book positions	323,337	[2],[3]	250,341	[2],[3]
Liabilities derviatives [Abstract]	'		'
Derivative instruments associated with offsetting matched book positions, at fair value	323,337	[2],[3]	250,341	[2],[3]
Derivatives not designated as hedging instruments | Interest rate contract | Trading instruments	'		'
Asset derivatives [Abstract]	'		'
Notional amount	2,198,357	[4]	2,407,387	[4]
Fair value	89,923	[2],[4]	89,633	[2],[4]
Derivatives not designated as hedging instruments | Interest rate contract | Derivative instruments associated with offsetting matched book positions	'		'
Asset derivatives [Abstract]	'		'
Notional amount	1,796,288	[3]	1,944,408	[3]
Liabilities derviatives [Abstract]	'		'
Notional amount	1,796,288	[3]	1,944,408	[3]
Derivatives not designated as hedging instruments | Interest rate contract | Trading instruments sold	'		'
Liabilities derviatives [Abstract]	'		'
Notional amount	2,185,085	[4]	2,420,531	[4]
Fair value	$75,668	[2],[4]	$74,920	[2],[4]
[1]	Derivatives - interest rate contracts are included in Trading instruments on our Consolidated Statements of Financial Condition. See Note 18 for additional information.
[2]	The fair value in this table is presented on a gross basis before netting of cash collateral and before any netting by counterparty according to our legally enforceable master netting arrangements. The fair value in the Consolidated Statements of Financial Condition is presented net. See Note 19 for additional information regarding offsetting asset and liability balances.
[3]	These contracts arise from our Offsetting Matched Book Derivatives Operations.
[4]	These contracts arise from our OTC Derivatives Operations.

DERIVATIVE_FINANCIAL_INSTRUMEN4

DERIVATIVE FINANCIAL INSTRUMENTS, Income Statement Location (Details) (Derivatives not designated as hedging instruments, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Net trading profits | Interest rate contract	'		'		'
Derivative Instruments, Gain (Loss) [Line Items]	'		'		'
Amount of gain (loss) on derivatives recognized in income	$1,554	[1]	$993	[1]	($116)	[1]
Other revenues | Interest rate contract	'		'		'
Derivative Instruments, Gain (Loss) [Line Items]	'		'		'
Amount of gain (loss) on derivatives recognized in income	712	[2]	225	[2]	835	[2]
Other revenues | Forward foreign exchange contracts	'		'		'
Derivative Instruments, Gain (Loss) [Line Items]	'		'		'
Amount of gain (loss) on derivatives recognized in income	$5,694		$1,577		($591)
[1]	These contracts arise from our OTC Derivatives Operations.
[2]	These contracts arise from our Offsetting Matched Book Derivatives Operations.

DERIVATIVE_FINANCIAL_INSTRUMEN5

DERIVATIVE FINANCIAL INSTRUMENTS DERIVATIVE FINANCIAL INSTRUMENTS, Risk (Details) (USD $)	Sep. 30, 2014
In Millions, unless otherwise specified	agency
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Debt, minimum number of agencies required to maintain an investment grade rating	1
Derivative in liability position fair value	$3.70
Derivative in liability position posted collateral	$3.80

DISCLOSURE_OF_OFFSETTING_ASSET2

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL AND ENCUMBERED ASSETS, Offsetting (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013
Securities purchased under agreements to resell and other collateralized financings:	'		'
Gross amounts of recognized assets	$446,016,000		$709,120,000
Gross amounts offset in the Statements of Financial Condition	0	[1]	0
Net amounts presented in the Statements of Financial Condition	446,016,000		709,120,000
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	-446,016,000	[1]	-709,120,000	[1]
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0		0
Collateralized agreements_amount offset against collateral	0		0
Derivative assets:	'		'
Derivative instruments associated with offsetting matched book positions	323,337,000		250,341,000
Net amounts presented in the Statements of Financial Condition	28,205,000	[2]	28,109,000	[2]
Stock borrowed:	'		'
Gross amounts of recognized assets	158,988,000		146,749,000
Gross amounts offset in the Statements of Financial Condition	0		0
Net amounts presented in the Statements of Financial Condition	158,988,000		146,749,000
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	-153,261,000		-143,108,000
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0		0
Net amount	5,727,000		3,641,000
Total assets:	'		'
Gross amounts of recognized assets	1,020,726,000		1,195,843,000
Gross amounts offset in the Statements of Financial Condition	-61,718,000		-61,524,000
Net amounts presented in the Statements of Financial Condition	959,008,000		1,134,319,000
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	-926,491,000		-1,108,978,000
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0		0
Net amount	32,517,000		25,341,000
Securities sold under agreements to repurchase:	'		'
Gross amounts of recognized (liabilities)	-244,495,000		-300,933,000
Gross amounts offset in the Statements of Financial Condition	0		0
Net amounts presented in the Statements of Financial Condition	-244,495,000		-300,933,000
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	244,495,000	[3]	300,933,000	[3]
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0		0
Net amount	0		0
Derivative liabilities:	'		'
Derivative instruments associated with offsetting matched book positions, at fair value	-323,337,000		-250,341,000
Net amounts presented in the Statements of Financial Condition	-12,372,000	[2]	-5,641,000	[2]
Stock loaned:	'		'
Gross amounts of recognized assets (liabilities)	-417,383,000		-354,377,000
Gross amounts offset in the Statements of Financial Condition	0		0
Net amounts presented in the Statements of Financial Condition	-417,383,000		-354,377,000
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	402,180,000		342,096,000
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0		0
Net amount	-15,203,000		-12,281,000
Total liabilities:	'		'
Gross amounts of recognized assets (liabilities)	-1,060,883,000		-981,285,000
Gross amounts offset in the Statements of Financial Condition	63,296,000		69,279,000
Net amounts presented in the Statements of Financial Condition	-997,587,000		-912,006,000
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	970,012,000		893,370,000
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0		0
Net amount	-27,575,000		-18,636,000
Securities purchased under agreements to resell collateral obligation to return securities	463,700,000		725,900,000
Securities sold under agreements to repurchase fair value	253,700,000		313,500,000
Interest rate contract	'		'
Derivative assets:	'		'
Fair value	89,923,000	[4]	89,633,000	[4]
Gross amounts offset in the Statements of Financial Condition	-61,718,000	[4]	-61,524,000	[4]
Net amounts presented in the Statements of Financial Condition	28,205,000	[4]	28,109,000	[4]
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	-3,877,000	[4]	-6,409,000	[4]
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0	[4]	0	[4]
Net amount	24,328,000	[4]	21,700,000	[4]
Derivative liabilities:	'		'
Gross amounts of recognized (liabilities)	-75,668,000	[4]	-74,920,000	[4]
Gross amounts offset in the Statements of Financial Condition	63,296,000	[4]	69,279,000	[4]
Net amounts presented in the Statements of Financial Condition	-12,372,000	[4]	-5,641,000	[4]
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	0	[4]	0	[4]
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0	[4]	0	[4]
Net amount	-12,372,000	[4]	-5,641,000	[4]
Derivative instruments associated with offsetting matched book positions [Member]	'		'
Derivative assets:	'		'
Fair value	323,337,000		250,341,000
Gross amounts offset in the Statements of Financial Condition	0		0
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	-323,337,000	[5]	-250,341,000	[5]
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0		0
Net amount	0		0
Derivative liabilities:	'		'
Gross amounts of recognized (liabilities)	-323,337,000		-250,341,000
Gross amounts offset in the Statements of Financial Condition	0		0
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	323,337,000	[5]	250,341,000	[5]
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0		0
Net amount	0		0
Forward foreign exchange contracts	'		'
Derivative assets:	'		'
Fair value	2,462,000		'
Gross amounts offset in the Statements of Financial Condition	0		'
Net amounts presented in the Statements of Financial Condition	2,462,000		'
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	0		'
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	0		'
Net amount	2,462,000		'
Foreign Exchange Contract	'		'
Derivative liabilities:	'		'
Gross amounts of recognized (liabilities)	'		-714,000	[6]
Gross amounts offset in the Statements of Financial Condition	'		0	[6]
Net amounts presented in the Statements of Financial Condition	'		-714,000	[6]
Gross amounts not offset in the Statements of Financial Condition, Financial Instruments	'		0	[6]
Gross amounts not offset in the Statements of Financial Condition, Cash collateral received (paid)	'		0	[6]
Net amount	'		($714,000)	[6]
[1]	We are over-collateralized since the actual amount of financial instruments pledged as collateral for securities purchased under agreements to resell and other collateralized financings amounts to $463.7 million and $725.9 million as of September 30, 2014 and 2013, respectively.
[2]	Represents the derivative contracts held for trading purposes. These balances do not include all derivative instruments since the derivative instruments associated with offsetting matched book positions are included on their own line item on our Consolidated Statements of Financial Condition. See Note 18 for further information regarding all of our derivative transactions, and see Note 19 for additional information regarding offsetting financial instruments.
[3]	We are over-collateralized since the actual amount of financial instruments pledged as collateral for securities sold under agreements to repurchase amounts to $253.7 million and $313.5 million as of September 30, 2014 and 2013, respectively.
[4]	Derivatives - interest rate contracts are included in Trading instruments on our Consolidated Statements of Financial Condition. See Note 18 for additional information.
[5]	Although these derivative arrangements do not meet the definition of a master netting arrangement as specified by GAAP, the nature of the agreement with the third party intermediary include terms that are similar to a master netting agreement, thus we present the offsetting amounts net in the table above. See Note 18 for further discussion of the “pass through” structure of the derivative instruments associated with Offsetting Matched Book Derivatives Operations.
[6]	orward foreign exchange contract derivatives are in a liability position, and are included in trade and other payables on our Consolidated Statements of Financial Condition. See Note 18 for additional information.

DISCLOSURE_OF_OFFSETTING_ASSET3

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL AND ENCUMBERED ASSETS, Collateral (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013
Collateral Received that Can be Resold or Repledged [Abstract]	'		'
Collateral we received that is available to be delivered or repledged	$2,178,868,000		$2,315,701,000
Collateral that we delivered or repledged	879,071,000	[1]	897,879,000	[2]
Value of margin securities pledged to clearing organizations	138,800,000		189,400,000
Securities reserve deposit required and made	$116,500,000		$128,500,000
[1]	The collateral delivered or repledged as of September 30, 2014, includes client margin securities which we pledged with a clearing organization in the amount of $138.8 million which were applied against our requirement of $116.5 million.
[2]	The collateral delivered or repledged as of September 30, 2013, includes client margin securities which we pledged with a clearing organization in the amount of $189.4 million which were applied against our requirement of $128.5 million.

DISCLOSURE_OF_OFFSETTING_ASSET4

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL AND ENCUMBERED ASSETS, Encumbered Assets (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013
Financial instruments owned, at fair value, pledged to counterparties that:	'		'
Had the right to deliver or repledge	$394,746,000		$332,079,000
Did not have the right to deliver or repledge	50,983,000	[1]	91,320,000	[2]
Fair value of securities pledged with a clearing organization	18,900,000		18,000,000
Securities reserve deposit required and made	$116,500,000		$128,500,000
[1]	Assets delivered or repledged as of September 30, 2014, includes securities which we pledged with a clearing organization in the amount of $18.9 million which were applied against our requirement of $116.5 million (client margin securities we pledged which are described in the preceding table constitute the remainder of the assets pledged to meet the requirement).
[2]	Assets delivered or repledged as of September 30, 2013, includes securities which we pledged with a clearing organization in the amount of $18 million which were applied against our requirement of $128.5 million (client margin securities we pledged which are described in the preceding table constitute the remainder of the assets pledged to meet the requirement).

INCOME_TAXES_Income_Tax_Alloca

INCOME TAXES, Income Tax Allocation (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Recorded in:	'	'	'
Income including noncontrolling interests	$267,797	$197,033	$175,656
Equity, for compensation expense for tax purposes (in excess of) less than amounts recognized for financial reporting purposes	-7,437	-2,590	-2,613
Equity, for cumulative currency translation adjustments and net investment hedges	15,142	6,861	-5,741
Equity, for available for sale securities	3,694	8,986	7,611
Total	$279,196	$210,290	$174,913

INCOME_TAXES_Provision_Benefit

INCOME TAXES, Provision (Benefit) for Income Taxes (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Current:	'	'	'
Federal	$260,504	$182,862	$133,890
State and local	29,904	37,491	29,141
Foreign	12,560	8,469	10,581
Current provision (benefit) for income taxes	302,968	228,822	173,612
Deferred:	'	'	'
Federal	-35,262	-25,673	3,939
State and local	-410	-5,023	372
Foreign	501	-1,093	-2,267
Deferred provision (benefit) for income taxes	-35,171	-31,789	2,044
Provision for income taxes	$267,797	$197,033	$175,656

INCOME_TAXES_Effective_Income_

INCOME TAXES, Effective Income Tax Reconciliation (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Income tax reconciliation [Abstract]	'		'		'
Provision calculated at statutory rate	$261,816		$197,466		$165,034
State income tax, net of federal benefit	18,826		21,662		19,566
Tax-exempt interest income	-2,146		-2,074		-2,291
Income on company-owned life insurance which is not subject to tax	-6,365		-7,809		-8,318
Business tax credits including low income housing tax credits	-3,910		-1,056		-1,830
Business expenses which are not tax-deductible	5,691		4,920		3,752
Incentive stock option expenses which are not tax-deductible	2,681		2,471		2,843
Reversal of deferred taxes provided on foreign earnings	0	[1]	-10,676	[1]	0	[1]
Other, net	-8,796		-7,871		-3,100
Provision for income taxes	$267,797		$197,033		$175,656
Effective income tax rate reconciliation (as a percent):	'		'		'
Provision calculated at statutory rate	35.00%		35.00%		35.00%
State income tax, net of federal benefit	2.50%		3.80%		4.10%
Tax-exempt interest income	-0.30%		-0.40%		-0.50%
Income on company-owned life insurance which is not subject to tax	-0.80%		-1.30%		-1.80%
Business tax credits including low income housing tax credits	-0.50%		-0.20%		-0.40%
Business expenses which are not tax-deductible	0.80%		0.90%		0.80%
Incentive stock option expenses which are not tax-deductible	0.40%		0.40%		0.60%
Reversal of deferred taxes provided on foreign earnings	0.00%	[1]	-1.90%	[1]	0.00%	[1]
Other, net	-1.30%		-1.40%		-0.50%
Total provision for income tax	35.80%		34.90%		37.30%
[1]	Prior to fiscal year 2013, we had historically provided deferred taxes for the presumed repatriation to the U.S. of earnings from certain foreign subsidiaries. In fiscal year 2013, management changed its assertion related to the earnings of one of our Canadian subsidiaries resulting in a prior year decrease in deferred tax liabilities related to undistributed foreign earnings.

INCOME_TAXES_Components_of_Inc

INCOME TAXES, Components of Income Excluding Noncontrolling Interests Before Provision for Income Taxes (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
U.S. and foreign components of income before income taxes [Abstract]	'	'	'
U.S.	$705,878	$550,113	$456,175
Foreign	42,167	14,074	15,350
Income excluding noncontrolling interest and before provision for income taxes	$748,045	$564,187	$471,525

INCOME_TAXES_Deferred_Tax_Asse

INCOME TAXES, Deferred Tax Asset (Liability) (Details) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2014
			Minimum	Maximum
Deferred tax assets:	'	'	'	'
Deferred compensation	$150,392,000	$128,801,000	'	'
Allowances for loan losses and reserves for unfunded commitments	59,078,000	55,659,000	'	'
Unrealized loss associated with certain available for sale securities	9,230,000	15,437,000	'	'
Accrued expenses	32,633,000	28,868,000	'	'
Acquisition expense	3,708,000	3,618,000	'	'
Net operating loss and credit carryforwards	1,204,000	1,336,000	'	'
Fixed assets	1,885,000	0	'	'
Other	23,037,000	14,572,000	'	'
Total gross deferred tax assets	281,167,000	248,291,000	'	'
Less: valuation allowance	-9,000	-9,000	'	'
Total deferred tax assets	281,158,000	248,282,000	'	'
Deferred tax liabilities:	'	'	'	'
Partnership investments	-19,295,000	-24,245,000	'	'
Goodwill and other intangibles	-16,925,000	-12,469,000	'	'
Undistributed earnings of foreign subsidiaries	-11,197,000	-9,344,000	'	'
Fixed assets	0	-5,082,000	'	'
Other	-2,416,000	-1,982,000	'	'
Total deferred tax liabilities	-49,833,000	-53,122,000	'	'
Net deferred tax assets	231,325,000	195,160,000	'	'
Operating Loss Carryforwards [Line Items]	'	'	'	'
Expiration date of operating loss carryforwards	'	'	31-Dec-15	31-Dec-30
Cumulative amount of undistributed earnings attributable to foreign subsidiaries	224,000,000	'	'	'
Income tax receivable current	11,000,000	25,000,000	'	'
Accrued income taxes, current	$30,000,000	$47,000,000	'	'

INCOME_TAXES_Unrecognized_Tax_

INCOME TAXES, Unrecognized Tax Benefits (Details) (USD $)	12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Income Tax Disclosure [Abstract]	'		'		'
Increase (decrease) in accrued interest expense related to unrecognized tax benefits	$151,000		'		'
Income tax penalty expense	-351,000		'		'
Income tax penalties and interest accrued	4,900,000		5,100,000		3,200,000
Changes in the liability for unrecognized tax benefits [Roll Forward]	'		'		'
Balance for unrecognized tax benefits at beginning of year	13,663,000	[1]	9,473,000	[1]	3,408,000	[1]
Increases for tax positions related to the current year	3,228,000		2,020,000	[1]	1,434,000	[1]
Increases for tax positions related to prior years	2,455,000	[2]	3,107,000	[1],[2]	5,327,000	[1],[2]
Decreases for tax positions related to prior years	-1,642,000		-284,000	[1]	-256,000	[1]
Decreases due to lapsed statute of limitations	-1,218,000		-653,000	[1]	-440,000	[1]
Decreases related to settlements	-682,000		0		0
Balance for unrecognized tax benefits at end of year	15,804,000		13,663,000	[1]	9,473,000	[1]
Unrecognized tax benefits that would impact effective tax rate	$10,300,000		$9,500,000		'
[1]	The amounts presented have been revised from those reported in the prior year to exclude interest and penalties for fiscal years ending September 30, 2013 and 2012 in the amounts of $5.1 million and $3.2 million, respectively. The revised amounts more clearly reflect changes in unrecognized tax benefits in each respective period shown.
[2]	The increases are due to tax positions taken in previously filed tax returns with certain states. We continue to evaluate these positions and intend to contest the proposed adjustments made by taxing authorities.

COMMITMENTS_CONTINGENCIES_AND_1

COMMITMENTS, CONTINGENCIES AND GUARANTEES (Details)

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

USD ($)

USD ($)

Underwriting commitment

Underwriting commitment

Loans to financial advisors and certain key revenue producers commitment

RJ Bank syndicated loans

Independent venture capital or private equity partnerships commitment

Internally sponsored private equity limited partnership commitment

Commitment to lend to RJTCF

Commitment to lend to RJTCF

Lease agreements commitments

Lease agreements commitments

Lease agreements commitments

Forward GNMA MBS purchase commitments

TBA securities

RJ Bank

RJ Bank

Raymond James and Associates Inc

Raymond James Ltd

USD ($)

RJ Bank

USD ($)

USD ($)

USD ($)

Subsidiary of RJ Bank

USD ($)

USD ($)

USD ($)

Raymond James and Associates Inc

Raymond James and Associates Inc

Forward starting advance transaction with FHLB

RJ Bank commitment to lend to limited partnership

commitment

CAD

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Commitments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of open underwriting commitments

'

'

1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount of commitment

'

'

'

14,400,000

$44,600,000

'

'

'

$175,000,000

$45,500,000

'

'

'

$323,000,000

'

$25,000,000

$3,000,000

Amount of purchased syndicated loans not yet settled

'

'

'

'

'

160,200,000

'

'

'

'

'

'

'

'

'

'

'

Settlement of purchased syndicated loans (in days)

'

'

'

'

'

'90 days

'

'

'

'

'

'

'

'

'

'

'

Amount of commitment fulfilled

'

'

'

'

'

'

'

'

'

16,300,000

'

'

'

'

'

'

735,000

Cash funded to invest in loans or investments in project partnerships

'

'

'

'

'

'

'

'

53,000,000

'

'

'

'

'

'

'

'

Funding date of borrowing

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

13-Oct-15

'

Future borrowing interest rate effective rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.40%

'

Future borrowing, maturity date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

13-Oct-20

'

Unfunded commitments in which we control the general partner

'

'

'

'

'

'

'

20,000,000

'

'

'

'

'

'

'

'

'

Other commitment

'

'

'

'

'

'

61,000,000

'

'

'

'

'

'

'

'

'

'

Reserve for unfunded lending commitments

10,000,000

9,300,000

'

'

'

'

'

'

20,000,000

'

'

'

'

'

'

'

'

Number of days that investments in project partnerships are typically sold (in days)

'

'

'

'

'

'

'

'

'90 days

'

'

'

'

'

'

'

'

Operating Leases Fiscal Year Maturity:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2015

'

'

'

'

'

'

'

'

'

'

77,300,000

'

'

'

'

'

'

2016

'

'

'

'

'

'

'

'

'

'

71,100,000

'

'

'

'

'

'

2017

'

'

'

'

'

'

'

'

'

'

61,200,000

'

'

'

'

'

'

2018

'

'

'

'

'

'

'

'

'

'

49,100,000

'

'

'

'

'

'

2019

'

'

'

'

'

'

'

'

'

'

40,200,000

'

'

'

'

'

'

Thereafter

'

'

'

'

'

'

'

'

'

'

99,200,000

'

'

'

'

'

'

Rental expense incurred under leases

'

'

'

'

'

'

'

'

'

'

90,800,000

90,500,000

73,900,000

'

'

'

'

Expected time of purchase (in days)

'

'

'

'

'

'

'

'

'

'

'

'

'

'90 days

'

'

'

Net liability fair value of TBA securities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

770,000

'

'

Estimated fair value of the TBA security purchase commitment liability

'

'

'

'

'

'

'

'

'

'

'

'

'

'

($770,000)

'

'

COMMITMENTS_CONTINGENCIES_AND_2

COMMITMENTS, CONTINGENCIES AND GUARANTEES, Guarantor Obligations (Details) (USD $)

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Mar. 31, 2008

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Fund

Project partnerships sold guarantee

Interest rate swap guarantee

Performance guarantees for completion of trades with counterparties

Letter of credit guarantee

Raymond James and Associates Inc

Securities Industry Protection Corporation (SIPC)

Delivery of certain tax credits and other tax benefits guarantee

Mortgages

Mortgages

5.70% mortgage notes payable on our headquarters office complex, due 2023

5.70% mortgage notes payable on our headquarters office complex, due 2023

Guarantees [Abstract]

'

'

'

'

'

'

'

'

'

'

'

Current exposure of guarantees

'

'

$1,600,000

$3,700,000

$0

$8,000,000

'

'

$35,000,000

'

'

Maturity date of interest rate swap guarantees - low range

'

'

'

1-Jan-15

'

'

'

'

'

'

'

Maturity date of interest rate swap guarantees - high range

'

'

'

1-Jul-21

'

'

'

'

'

'

'

Estimated total potential exposure of guarantee

'

'

'

10,500,000

'

'

'

'

'

'

'

Corporate debt

1,190,836,000

1,194,508,000

'

'

'

'

'

'

'

41,802,000

[1]

45,662,000

[1]

SIPC fund securities per customer limit

'

'

'

'

'

'

'

500,000

'

'

'

SIPC fund upper limit claims per customer for cash balances

'

'

'

'

'

'

'

250,000

'

'

'

Excess SIPC insured amount firm aggregate upper limit

'

'

'

'

'

'

750,000,000

'

'

'

'

Excess SIPC Sub-limit firm aggregate per customer cash above basic SIPC

'

'

'

'

'

'

1,900,000

'

'

'

'

Number of funds offering guaranteed performance to various third-parties on certain obligations

1

'

'

'

'

'

'

'

'

'

'

Number of years under the guarantee to deliver a certain amount of tax credits and other tax benefits (in years)

'

'

'

'

'

'

'

'

'8 years

'

'

Low-income housing tax credit fund financing asset

28,421,000

[2]

33,670,000

[2]

'

'

'

'

'

'

'

'

'

Amount of liability related to the low-income housing tax credit fund financing asset

$28,400,000

$33,700,000

'

'

'

'

'

'

'

'

'

[1]

Mortgage notes payable pertain to mortgage loans on our headquarters office complex. These mortgage loans are secured by land, buildings, and improvements with a net book value of $50.5 million at September 30, 2014. These mortgage loans bear interest at 5.7% with repayment terms of monthly interest and principal debt service and have a January 2023 maturity.

[2]

In a prior year, we sold an investment in a low-income housing tax credit fund and we guaranteed the return on investment to the purchaser. As a result of this guarantee obligation, we are the primary beneficiary of the fund (see Note 11 for further information regarding the consolidation of this fund) and we have accounted for this transaction as a financing. As a financing transaction, we continue to account for the asset transferred to the purchaser, and maintain a related liability corresponding to our obligations under the guarantee. As the benefits are delivered to the purchaser of the investment, this financing asset and the related liability decrease. A related financing liability in the amount of $28.4 million and $33.7 million is included in trade and other payables on our Consolidated Statements of Financial Condition as of September 30, 2014 and 2013, respectively. See Note 21 for further discussion of our obligations under the guarantee.

COMMITMENTS_CONTINGENCIES_AND_3

COMMITMENTS, CONTINGENCIES AND GUARANTEES, Loss Contingencies (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014
					Pending Litigation	Pending Litigation	Pending Litigation	Indemnification Agreement
					Regions Funds, Class Action	Regions Funds, Derivative Action	Various Lawsuits
Legal matter contingencies [Abstract]	'		'		'	'	'	'
Estimate of range of possible loss, minimum	'		'		'	'	$0	$15,000,000
Estimate of range of possible loss, maximum	'		'		'	'	9,000,000	210,000,000
Indemnification asset	154,681,000	[1]	171,135,000	[1]	'	'	'	'
Other receivables	544,180,000		407,329,000		'	'	'	1,000,000
Indemnification liability for potential loss	154,400,000		'		'	'	'	'
Loss Contingency, Settlement [Abstract]	'		'		'	'	'	'
Litigation settlement amount	'		'		($62,000,000)	($6,000,000)	'	'
[1]	The indemnification asset pertains to legal matters for which Regions has indemnified RJF in connection with our acquisition of Morgan Keegan. The liabilities related to such matters are included in trade and other payables on our Consolidated Statements of Financial Condition. See Notes 3 and 21 for additional information.

OTHER_COMPREHENSIVE_LOSS_INCOM2

OTHER COMPREHENSIVE (LOSS) INCOME, Other Comprehensive Income (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Other Comprehensive Income (Loss), Net of Tax [Abstract]	'		'		'
Net change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses, net of tax	$6,021	[1]	$15,042	[1]	$12,886	[1]
Change in currency translations and net investment hedges	-18,635	[1]	-13,763	[1]	6,166	[1]
Total comprehensive income	-12,614		1,279		19,052
Available for sale securities, tax	3,694		8,986		7,611
Cumulative currency translation adjustments, tax	$15,142		$6,861		($5,741)
[1]	All components of other comprehensive (loss) income, net of tax, are attributable to Raymond James Financial, Inc.

OTHER_COMPREHENSIVE_LOSS_INCOM3

OTHER COMPREHENSIVE (LOSS) INCOME, AOCI Rollforward (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]	'
Accumulated other comprehensive income as of September 30, 2013	$10,726
Other comprehensive (loss) income before reclassifications	-9,631
Amounts reclassified from accumulated other comprehensive (loss) income	-2,983
Net other comprehensive (loss) income for the year	-12,614
Accumulated other comprehensive (loss) income as of September 30, 2014	-1,888
Unrealized gain (loss) on available for sale securities	'
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]	'
Accumulated other comprehensive income as of September 30, 2013	-1,276
Other comprehensive (loss) income before reclassifications	9,004
Amounts reclassified from accumulated other comprehensive (loss) income	-2,983
Net other comprehensive (loss) income for the year	6,021
Accumulated other comprehensive (loss) income as of September 30, 2014	4,745
Net currency translations and net investment hedges	'
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]	'
Accumulated other comprehensive income as of September 30, 2013	12,002	[1],[2]
Other comprehensive (loss) income before reclassifications	-18,635	[2]
Amounts reclassified from accumulated other comprehensive (loss) income	0	[2]
Net other comprehensive (loss) income for the year	-18,635	[2]
Accumulated other comprehensive (loss) income as of September 30, 2014	($6,633)	[2]
[1]	Includes net gains recognized on forward foreign exchange derivatives of $14 million for the year ended September 30, 2013 (see Note 18 for additional information).
[2]	Includes net gains recognized on forward foreign exchange derivatives associated with hedges of RJ Bank’s foreign currency exposure due to its non-U.S. dollar net investments (see Note 18 for additional information on these derivatives).

OTHER_COMPREHENSIVE_LOSS_INCOM4

OTHER COMPREHENSIVE (LOSS) INCOME, Reclassifications Out of Accumulated Other Comprehensive Income (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013	Sep. 30, 2012
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'	'
Other	$67,516		$145,882	$86,473
Provision for income taxes	267,797		197,033	175,656
Net income attributable to Raymond James Financial, Inc.	480,248		367,154	295,869
Auction rate securities	'		'	'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'	'
Available-for-sale securities, gross realized gain (loss)	7,100		1,600	360
RJ Bank available for sale securities	'		'	'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'	'
Available-for-sale securities, gross realized gain (loss)	264		'	'
Unrealized gain (loss) on available for sale securities | Reclassification out of Accumulated Other Comprehensive Income	'		'	'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'	'
Total before tax	-4,849	[1]	'	'
Provision for income taxes	1,866	[1]	'	'
Net income attributable to Raymond James Financial, Inc.	-2,983	[1]	'	'
Unrealized gain (loss) on available for sale securities | Reclassification out of Accumulated Other Comprehensive Income | Auction rate securities	'		'	'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'	'
Other	-4,614	[1],[2]	'	'
Unrealized gain (loss) on available for sale securities | Reclassification out of Accumulated Other Comprehensive Income | RJ Bank available for sale securities	'		'	'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'	'
Other	($235)	[1],[3]	'	'
[1]	See Note 7 for additional information regarding the available for sale securities, and Note 5 for additional fair value information regarding these securities.
[2]	For the year ended September 30, 2014, other revenues include realized gains on the redemption or sale of ARS in the amount of $7.1 million, (see Note 7 for further information). The amounts presented in the table represent the reversal out of AOCI associated with such ARS’ redeemed or sold. The net of such realized gain and this reversal out of AOCI represents the net effect of such redemptions and sales activities on other comprehensive (loss) income (“OCI”) for each respective period, on a pre-tax basis.
[3]	For the year ended September 30, 2014, other revenues include realized gains on the sale of certain available for sale securities held by RJ Bank in the amount of $264 thousand (see Note 7 for further information). The amounts presented in the table represent the reversal out of AOCI associated with such securities sold. The net of such realized gain and this reversal out of AOCI represents the net effect of such sales activities on OCI for each respective period, on a pre-tax basis.

OTHER_COMPREHENSIVE_LOSS_INCOM5

OTHER COMPREHENSIVE (LOSS) INCOME, Components of Accumulated Other Comprehensive Income (Details) (USD $)	12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'		'
Accumulated other comprehensive (loss) income	($1,888,000)		$10,726,000		'
Unrealized gain (loss) on available for sale securities	'		'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'		'
Accumulated other comprehensive (loss) income	4,745,000		-1,276,000		'
Accumulated other comprehensive income (loss), tax	'		700,000		'
Net currency translations and net investment hedges	'		'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'		'
Accumulated other comprehensive (loss) income	-6,633,000	[1]	12,002,000	[1],[2]	'
Accumulated other comprehensive income (loss), tax	'		1,100,000		'
Forward foreign exchange contracts	'		'		'
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'		'
Net change in currency translations and net investment hedges	$29,000,000		$14,000,000		($10,000,000)
[1]	Includes net gains recognized on forward foreign exchange derivatives associated with hedges of RJ Bank’s foreign currency exposure due to its non-U.S. dollar net investments (see Note 18 for additional information on these derivatives).
[2]	Includes net gains recognized on forward foreign exchange derivatives of $14 million for the year ended September 30, 2013 (see Note 18 for additional information).

INTEREST_INCOME_AND_INTEREST_E2

INTEREST INCOME AND INTEREST EXPENSE (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Interest income:	'	'	'
Margin balances	$68,454	$60,931	$60,104
Assets segregated pursuant to regulations and other segregated assets	15,441	17,251	16,050
Bank loans, net of unearned income	343,942	335,964	319,211
Available for sale securities	6,560	8,005	9,076
Trading instruments	17,883	20,089	20,977
Stock loan	8,731	8,271	9,110
Loans to financial advisors	6,427	6,510	4,797
Corporate cash and all other	13,448	16,578	13,933
Total interest income	480,886	473,599	453,258
Interest expense:	'	'	'
Brokerage client liabilities	1,269	2,049	2,213
Retail bank deposits	7,959	9,032	9,484
Trading instruments sold but not yet purchased	4,327	3,595	2,437
Stock borrow	2,869	2,158	1,976
Borrowed funds	3,939	4,724	5,915
Senior notes	76,038	76,113	58,523
Interest expense of consolidated VIEs	2,900	3,959	5,032
Other	4,790	8,741	5,789
Total interest expense	104,091	110,371	91,369
Net interest income	376,795	363,228	361,889
Subtract: provision for loan losses	-13,565	-2,565	-25,894
Net interest income after provision for loan losses	$363,230	$360,663	$335,995

EMPLOYEE_SHAREBASED_AND_OTHER_2

EMPLOYEE SHARE-BASED AND OTHER COMPENSATION, ESOP (Details) (USD $)	12 Months Ended
Share data in Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013
		Employee Stock Ownership Plan ESOP	Employee Stock Ownership Plan ESOP
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]	'	'	'
Award requisite service period	'6 years	'	'
Number of shares of common stock held by ESOP	'	4,814	5,872
Market value of common stock held by the ESOP	'	$258,000,000	'
Value of unearned (not yet vested) shares held by ESOP plan participants	'	2,400,000	'
401(k) plan [Abstract]	'	'	'
Employer match of first $1,000 of compensation deferred by each participant (in hundredths)	75.00%	'	'
Employer match of first $1,000 of compensation deferred by each participant (in dollars)	1,000	'	'
Employer match of next $1,000 of compensation deferred by each participant (in hundredths)	25.00%	'	'
Employer match of next $1,000 of compensation deferred by each participant (in dollars)	1,000	'	'
Voluntary Deferred Compensation Plan [Abstract]	'	'	'
VDCP minimum annual compensation amount	$300,000	'	'

EMPLOYEE_SHAREBASED_AND_OTHER_3

EMPLOYEE SHARE-BASED AND OTHER COMPENSATION, Compensation Expense (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Compensation and Retirement Disclosure [Abstract]	'	'	'
Compensation Expense	$111.30	$98.70	$83.10

EMPLOYEE_SHAREBASED_AND_OTHER_4

EMPLOYEE SHARE-BASED AND OTHER COMPENSATION, 2012 Stock Incentive Plan (Details)	Sep. 30, 2014	Feb. 23, 2012
	plan	2012 Stock Incentive Plan
Share-based compensation plans [Abstract]	'	'
Number of share based compensation plans	1	'
Number of shares available for grant	'	15,400,000
Number of previous share based compensation plans	6	'

EMPLOYEE_SHAREBASED_AND_OTHER_5

EMPLOYEE SHARE-BASED AND OTHER COMPENSATION, Stock Option Awards (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Expiration period	'10 years	'	'
Expense and income tax benefits [Abstract]	'	'	'
Ratio of the purchase price per unit that non-recourse loans were made to key employees who participate in the employee investment funds (in hundredths)	66.67%	'	'
2012 Stock Incentive Plan | Stock Options	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Period of days within termination which options are exercisable (in days)	'45 days	'	'
Vesting period	'3 years	'	'
2012 Stock Incentive Plan | Stock Options | Employees and Directors	'	'	'
Expense and income tax benefits [Abstract]	'	'	'
Total share-based expense	$9,068	$8,382	$9,623
Income tax benefits related to share-based expense	$667	$596	$701
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]	'	'	'
Dividend yield (in hundredths)	1.33%	1.37%	1.84%
Expected volatility (in hundredths)	39.84%	39.38%	45.17%
Risk-free interest rate (in hundredths)	1.43%	0.67%	0.91%
Expected lives (in years)	'5 years 6 months	'5 years 6 months	'4 years 7 months 7 days
2012 Stock Incentive Plan | Stock Options | Maximum	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Exercisable period after grant date for options granted before August 21, 2008	'72 months	'	'
Exercisable period after grant date for options granted on or after August 21, 2008	'72 months	'	'
2012 Stock Incentive Plan | Stock Options | Minimum	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Exercisable period after grant date for options granted before August 21, 2008	'36 months	'	'
Exercisable period after grant date for options granted on or after August 21, 2008	'36 months	'	'

EMPLOYEE_SHAREBASED_AND_OTHER_6

EMPLOYEE SHARE-BASED AND OTHER COMPENSATION, Stock Option Activity (Details) (Employees and Directors, 2012 Stock Incentive Plan, Stock Options, USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Employees and Directors | 2012 Stock Incentive Plan | Stock Options	'	'	'
Options for shares (in shares):	'	'	'
Outstanding - beginning of period	3,842,809	'	'
Granted	947,350	'	'
Exercised	-617,969	'	'
Forfeited	-110,730	'	'
Outstanding - end of period	4,061,460	3,842,809	'
Weighted-average exercise price (in dollars per share);	'	'	'
Outstanding - beginning of period	$28.92	'	'
Granted	$48.26	'	'
Exercised	$24.91	'	'
Forfeited	$33.91	'	'
Outstanding - end of period	$33.90	$28.92	'
Weighted-average remaining contractual term (in years)	'3 years 3 months 11 days	'	'
Aggregated intrinsic value	$79,921,605	'	'
Exercisable, outstanding (in shares)	510,623	'	'
Exercisable, weighted average exercise price (in dollars per share)	$26.14	'	'
Exercisable, weighted average remaining contractual term (in years)	'9 months 29 days	'	'
Exercisable, aggregate intrinsic value	14,010,265	'	'
Unrecognized pre-tax expense	20,000,000	'	'
Weighted-average period of recognition (in years)	'3 years 2 months 12 days	'	'
Weighted-average grant date fair value per option (in dollars per share)	$16.21	$12.06	$9.67
Total intrinsic value of stock options exercised	15,570,000	14,240,000	3,222,000
Total grant date fair value of stock options vested	5,004,000	11,598,000	3,965,000
Cash received from stock option exercises	14,000,000	'	'
Excess benefits realized during the period as a result of the exercise of options	$674,000	'	'

EMPLOYEE_SHAREBASED_AND_OTHER_7

EMPLOYEE SHARE-BASED AND OTHER COMPENSATION, Restricted Stock Award (Details) (Employees, 2012 Stock Incentive Plan, Restricted Stock, USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net	$8,200,000	'	'
Minimum percentage of annual bonus amounts in excess of specified amount that an employee can receive in stock awards, in lieu of cash	10.00%	'	'
Maximum percentage of annual bonus amounts in excess of specified amount that an employee can receive in stock awards, in lieu of cash	50.00%	'	'
Bonus amount that must be exceeded in order to receive awards in lieu of cash	250,000	'	'
Shares/Units (in shares):	'	'	'
Nonvested - beginning of period (in shares)	5,917,411	'	'
Granted	1,038,882	'	'
Vested	-1,200,285	'	'
Forfeited	-167,181	'	'
Nonvested - end of period (in shares)	5,588,827	5,917,411	'
Weighted-average grant date fair value (in dollars per share):	'	'	'
Nonvested - beginning of period	$31.66	'	'
Granted	$48.80	'	'
Vested	$27.77	'	'
Forfeited	$34.17	'	'
Nonvested - end of period	$35.61	$31.66	'
Total share-based expense	54,666,000	48,621,000	39,588,000
Income tax benefits related to share-based expense	19,105,000	16,607,000	13,186,000
Unrecognized pre-tax expense	82,700,000	'	'
Weighted-average period of recognition (in years)	'2 years 8 months 5 days	'	'
Total fair value of shares vested under the plan	$33,400,000	'	'
Minimum	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Restricted period of awards	'3 years	'	'
Maximum	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Restricted period of awards	'5 years	'	'

EMPLOYEE_SHAREBASED_AND_OTHER_8

EMPLOYEE SHARE-BASED AND OTHER COMPENSATION, Employee Stock Purchase Plan (Details) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Employee investment funds [Abstract]	'	'	'
Ratio of the purchase price per unit that non-recourse loans were made to key employees who participate in the employee investment funds	66.67%	'	'
Employee Stock Purchase Plan	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Number of shares authorized for grant (in shares)	7,375,000	'	'
Maximum employee subscription rate	20.00%	'	'
Limit on the number shares that eligible employees may purchase in any calendar year (in shares)	1,000	'	'
Limit on the value of shares that eligible employees may purchase in any calendar year	$25	'	'
Purchase price of the stock in relation to the market price (one day prior to the purchase) (in hundredths)	85.00%	'	'
Number of shares sold during the period (in shares)	397,000	436,000	480,000
Discount from market value (in hundredths)	15.00%	'	'
Total share-based expense	$3,000	$2,700	$2,400

NONEMPLOYEE_SHAREBASED_AND_OTH2

NON-EMPLOYEE SHARE-BASED AND OTHER COMPENSATION, Stock Option Activity (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Share-based Compensation [Abstract]	'	'	'
Expiration period	'10 years	'	'
Independent Contractor Financial Advisors | 2012 Stock Incentive Plan | Stock Options	'	'	'
Share-based Compensation [Abstract]	'	'	'
Exercisable period after grant date for options granted on or after August 21, 2008 (in years)	'5 years	'	'
Period of days within termination which options are exercisable (in days)	'45 days	'	'
Expiration period	'6 years	'	'
Expense and income tax benefits [Abstract]	'	'	'
Total share-based expense	$2,523,000	$1,282,000	$2,033,000
Income tax benefits related to share-based expense	959,000	487,000	773,000
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]	'	'	'
Dividend yield (in hundredths)	1.19%	1.34%	1.52%
Expected volatility (in hundredths)	40.27%	39.88%	43.84%
Risk-free interest rate (in hundredths)	1.78%	1.16%	0.73%
Expected lives (in years)	'3 years 5 months 5 days	'3 years 3 months 25 days	'3 years 3 months 7 days
Average exercise period of options (in days)	'90 days	'	'
Options for shares (in shares):	'	'	'
Outstanding - beginning of period	228,250	'	'
Granted	61,925	'	'
Exercised	-48,750	'	'
Forfeited	-1,800	'	'
Outstanding - end of period	239,625	228,250	'
Exercisable, outstanding (in shares)	7,000	'	'
Option activity, additional disclosures [Abstract]	'	'	'
Outstanding - beginning of period	$27.88	'	'
Granted	$48.58	'	'
Exercised	$21.79	'	'
Forfeited	$38.20	'	'
Outstanding - end of period	$34.37	$27.88	'
Weighted-average remaining contractual term (in years)	'3 years 3 months 4 days	'	'
Exercisable, weighted average exercise price (in dollars per share)	$18.18	'	'
Exercisable, weighted average remaining contractual term (in years)	'0 years 1 month 25 days	'	'
Aggregate intrinsic value	4,604,000	'	'
Exercisable, aggregate intrinsic value	248,000	'	'
Unrecognized pre-tax expense	1,700,000	'	'
Weighted-average reporting date fair value of unvested options (in dollars per share)	$24.02	'	'
Weighted-average period of recognition (in years)	'3 years 3 months 14 days	'	'
Total intrinsic value of stock options exercised	1,329,000	985,000	783,000
Total fair value of stock options vested	715,000	347,000	1,116,000
Cash received from stock option exercises	1,100,000	'	'
Excess benefits realized during the period as a result of the exercise of options	$225,000	'	'

NONEMPLOYEE_SHAREBASED_AND_OTH3

NON-EMPLOYEE SHARE-BASED AND OTHER COMPENSATION, Restricted Stock Awards and Other (Details) (USD $)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012
Unrecognized pre-tax expense [Abstract]	'	'	'
VDCP minimum annual compensation amount	$300,000	'	'
Independent Contractor Financial Advisors | 2012 Stock Incentive Plan | Restricted Stock	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Restricted period of awards	'5 years	'	'
Shares/Units (in shares):	'	'	'
Nonvested - beginning of period (in shares)	26,184	'	'
Granted	0	'	'
Vested	-9,392	'	'
Forfeited	-1,886	'	'
Nonvested - end of period (in shares)	14,906	26,184	'
Weighted-average grant date fair value (in dollars per share):	'	'	'
Beginning of period non-vested	$41.67	'	'
End of period non-vested	$53.58	$41.67	'
Weighted-average fair value of shares vested (in dollars per share)	$49.64	'	'
Weighted-average fair value of shares forfeited (in dollars per share)	$42.98	'	'
Share-based Expense:	'	'	'
Total share-based expense	317,000	829,000	2,062,000
Income tax benefits related to share-based expense	121,000	315,000	783,000
Unrecognized pre-tax expense [Abstract]	'	'	'
Unrecognized pre-tax expense	107,000	'	'
Weighted-average reporting date fair value of unvested restricted stock (in dollars per share)	$53.58	$41.67	'
Weighted-average period of recognition (in years)	'1 year 5 months 16 days	'	'
Total fair value of shares vested under the plan	$466,000	$3,100,000	$1,600,000

REGULATIONS_AND_CAPITAL_REQUIR2

REGULATIONS AND CAPITAL REQUIREMENTS (Details)	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
In Thousands, unless otherwise specified	USD ($)	Raymond James Financial Inc	Raymond James Financial Inc	RJ Bank	RJ Bank	Raymond James Financial Services Inc	Raymond James Financial Services Inc	Raymond James and Associates Inc	Raymond James and Associates Inc	Raymond James Ltd	Raymond James Ltd
		USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	CAD	CAD
Total Capital (to risk-weighted assets) [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Actual, amount	'	$3,940,516	$3,445,136	$1,460,895	$1,234,268	'	'	'	'	'	'
Actual, ratio (in hundredths)	'	20.60%	19.80%	12.50%	13.00%	'	'	'	'	'	'
Requirement for capital adequacy purposes, amount	'	1,531,178	1,391,974	935,852	758,996	'	'	'	'	'	'
Requirement for capital adequacy purposes, ratio (in hundredths)	'	8.00%	8.00%	8.00%	8.00%	'	'	'	'	'	'
To be well capitalized under prompt corrective action provisions, amount	'	1,913,973	1,739,968	1,169,815	948,745	'	'	'	'	'	'
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	'	10.00%	10.00%	10.00%	10.00%	'	'	'	'	'	'
Tier I Capital (to Risk-Weighted Assets) [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Actual, amount	'	3,775,385	3,294,595	1,314,374	1,115,113	'	'	'	'	'	'
Actual, ratio (in hundredths)	'	19.70%	18.90%	11.20%	11.80%	'	'	'	'	'	'
Requirement for capital adequacy purposes, amount	'	765,589	697,269	467,926	379,498	'	'	'	'	'	'
Requirement for capital adequacy purposes, ratio (in hundredths)	'	4.00%	4.00%	4.00%	4.00%	'	'	'	'	'	'
To be well capitalized under prompt corrective action provisions, amount	'	1,148,384	1,045,903	701,889	569,247	'	'	'	'	'	'
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	'	6.00%	6.00%	6.00%	6.00%	'	'	'	'	'	'
Tier I Capital (to Adjusted Assets) [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Actual, amount	'	3,775,385	3,294,595	1,314,374	1,115,113	'	'	'	'	'	'
Actual, ratio (in hundredths)	'	16.40%	14.50%	10.70%	10.40%	'	'	'	'	'	'
Requirement for capital adequacy purposes, amount	'	919,546	908,854	492,186	430,154	'	'	'	'	'	'
Requirement for capital adequacy purposes, ratio (in hundredths)	'	4.00%	4.00%	4.00%	4.00%	'	'	'	'	'	'
To be well capitalized under prompt corrective action provisions, amount	'	1,149,433	1,136,067	615,232	537,692	'	'	'	'	'	'
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	'	5.00%	5.00%	5.00%	5.00%	'	'	'	'	'	'
Alternative Method Elected [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Net capital as a percent of aggregate debit items (in hundredths)	'	'	'	'	'	'	'	24.14%	23.14%	'	'
Net capital	'	'	'	'	'	23,748	18,103	442,866	435,343	'	'
Less: required net capital	'	'	'	'	'	-250	-250	-36,694	-37,625	'	'
Excess net capital	'	'	'	'	'	23,498	17,853	406,172	397,718	'	'
Risk adjusted capital of Canadian broker-dealer subsidiary [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Risk adjusted capital before minimum	'	'	'	'	'	'	'	'	'	107,645	52,777
Less: required minimum capital	'	'	'	'	'	'	'	'	'	-250	-250
Risk adjusted capital	'	'	'	'	'	'	'	'	'	107,395	52,527
Requirements of broker-dealer subsidiaries [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Maximum multiple of net capital allowed for aggregate indebtedness	15	'	'	'	'	'	'	'	'	'	'
Minimum net capital allowed under the alternative net capital requirement	$1,000	'	'	'	'	$250	'	'	'	'	'
Percentage of Aggregate Debit Items allowed for net capital, under the alternative net capital requirement	2.00%	'	'	'	'	'	'	'	'	'	'
Threshold percentage of Aggregate Debit Items for net capital, at which a member firm may be required to reduce its business	4.00%	'	'	'	'	'	'	'	'	'	'
Threshold percentage of Aggregate Debit Items for net capital, at which a member firm may be prohibited from expanding its business and declaring cash dividends	5.00%	'	'	'	'	'	'	'	'	'	'

FINANCIAL_INSTRUMENTS_WITH_OFF2

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Details)	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
	USD ($)	USD ($)	Forward foreign exchange contracts	Standby letters of credit	Standby letters of credit	Open end consumer lines of credit	Open end consumer lines of credit	Commercial lines of credit	Commercial lines of credit
			CAD	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)
Schedule of Off-Balance Sheet Risks [Line Items]	'	'	'	'	'	'	'	'	'
Market value of securities borrowed	$113,300,000	$64,600,000	'	'	'	'	'	'	'
Market value of securities loaned	61,000,000	42,700,000	'	'	'	'	'	'	'
Contract value of securities borrowed	117,700,000	66,400,000	'	'	'	'	'	'	'
Contract value of securities loaned	67,300,000	49,500,000	'	'	'	'	'	'	'
Market value of securities loaned owned by clients and others	341,200,000	299,100,000	'	'	'	'	'	'	'
Contract value of securities loaned owned by clients and others	350,000,000	305,100,000	'	'	'	'	'	'	'
Trading instruments sold but not yet purchased, at fair value	238,400,000	220,656,000	'	'	'	'	'	'	'
Derivative liability, notional amount	'	'	17,000,000	'	'	'	'	'	'
Derivative asset, notional amount	'	'	40,900,000	'	'	'	'	'	'
Commitments to extend credit and other credit related financial instruments	248,931,000	216,918,000	'	100,582,000	122,672,000	1,585,717,000	829,923,000	1,692,896,000	1,743,594,000
Standby letters of credit maximum expiration term (in years)	'1 year	'	'	'	'	'	'	'	'
Letters of credit amount outstanding	$101,000,000	'	'	'	'	'	'	'	'

EARNINGS_PER_SHARE_Details

EARNINGS PER SHARE (Details) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Income for basic earnings per common share:	'		'		'
Net income attributable to Raymond James Financial, Inc.	$480,248		$367,154		$295,869
Less allocation of earnings and dividends to participating securities	-3,007	[1]	-4,164	[1]	-5,958	[1]
Net income attributable to RJF common shareholders	477,241		362,990		289,911
Income for diluted earnings per common share:	'		'		'
Net income attributable to Raymond James Financial, Inc.	480,248		367,154		295,869
Less allocation of earnings and dividends to participating securities	-2,946	[1]	-4,100	[1]	-5,926	[1]
Net income attributable to RJF common shareholders	477,302		363,054		289,943
Common shares:	'		'		'
Average common shares in basic computation (in shares)	139,935		137,732		130,806
Dilutive effect of outstanding stock options and certain restricted stock units (in shares)	3,654		2,809		985
Average common shares used in diluted computation (in shares)	143,589		140,541		131,791
Earnings per common share:	'		'		'
Basic (in dollars per share)	$3.41		$2.64		$2.22
Diluted (in dollars per share)	$3.32		$2.58		$2.20
Stock options and certain restricted stock units excluded from weighted-average diluted common shares because their effect would be antidilutive (in shares)	1,503		1,153		1,928
Participating securities [Abstract]	'		'		'
Participating securities (in shares)	887		1,600		2,700
Dividends paid to participating securities	$532		$800		$1,400
Dividends per common share declared and paid [Abstract]	'		'		'
Dividends per common share - declared (in dollars per share)	$0.64		$0.56		$0.52
Dividends per common share - paid (in dollars per share)	$0.62		$0.55		$0.52
[1]	Represents dividends paid during the year to participating securities plus an allocation of undistributed earnings to participating securities. Participating securities represent unvested restricted stock and certain restricted stock units and amounted to weighted-average shares of 887 thousand, 1.6 million and 2.7 million for the years ended September 30, 2014, 2013 and 2012, respectively. Dividends paid to participating securities amounted to $532 thousand, $800 thousand and $1.4 million for the years ended September 30, 2014, 2013, and 2012 respectively. Undistributed earnings are allocated to participating securities based upon their right to share in earnings if all earnings for the period had been distributed.

SEGMENT_INFORMATION_Informatio

SEGMENT INFORMATION, Information Concerning Operations (Details) (USD $)	12 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012		Dec. 31, 2012
	segment
Revenues:	'		'		'		'
Total revenues	$4,965,460,000	[1]	$4,595,798,000	[1]	$3,897,900,000	[1]	'
Income (loss) excluding noncontrolling interests and before provision for income taxes:	'		'		'		'
Pre-tax income excluding noncontrolling interests	748,045,000		564,187,000		471,525,000		'
Add: net (loss) income attributable to noncontrolling interests	-32,097,000		29,723,000		-3,604,000		'
Income including noncontrolling interests and before provision for income taxes	715,948,000		593,910,000		467,921,000		'
Net interest income (expense):	'		'		'		'
Net interest income	376,795,000		363,228,000		361,889,000		'
Total assets:	'		'		'		'
Total assets	23,325,652,000		23,186,122,000		'		'
Goodwill and Intangible Assets:	'		'		'		'
Goodwill	295,486,000		295,486,000		300,111,000		295,486,000
Segment Reporting Information, Additional Information:	'		'		'		'
Number of business segments	5		'		'		'
Private client group	'		'		'		'
Total assets:	'		'		'		'
Total assets	6,255,176,000	[2]	7,649,030,000	[2]	'		'
Goodwill and Intangible Assets:	'		'		'		'
Goodwill	'		'		'		174,584,000
Capital markets	'		'		'		'
Total assets:	'		'		'		'
Total assets	2,645,926,000	[3]	2,548,663,000	[3]	'		'
Goodwill and Intangible Assets:	'		'		'		'
Goodwill	'		'		'		120,902,000
Asset Management	'		'		'		'
Total assets:	'		'		'		'
Total assets	186,170,000		149,436,000		'		'
RJ Bank	'		'		'		'
Total assets:	'		'		'		'
Total assets	12,036,945,000		10,489,524,000		'		'
Other	'		'		'		'
Total assets:	'		'		'		'
Total assets	2,201,435,000		2,349,469,000		'		'
Segment Reporting Information, Additional Information:	'		'		'		'
Business combination acquisition and integration expenses	'		73,500,000		59,300,000		'
Operating Segments | Private client group	'		'		'		'
Revenues:	'		'		'		'
Total revenues	3,276,566,000		2,930,603,000		2,484,670,000		'
Income (loss) excluding noncontrolling interests and before provision for income taxes:	'		'		'		'
Pre-tax income excluding noncontrolling interests	330,278,000		230,315,000		215,091,000		'
Net interest income (expense):	'		'		'		'
Net interest income	89,527,000		85,301,000		84,827,000		'
Goodwill and Intangible Assets:	'		'		'		'
Goodwill	174,584,000		174,584,000		173,317,000		'
Operating Segments | Capital markets	'		'		'		'
Revenues:	'		'		'		'
Total revenues	981,572,000		955,955,000		828,435,000		'
Income (loss) excluding noncontrolling interests and before provision for income taxes:	'		'		'		'
Pre-tax income excluding noncontrolling interests	130,565,000		102,171,000		75,755,000		'
Net interest income (expense):	'		'		'		'
Net interest income	5,326,000		4,076,000		6,641,000		'
Goodwill and Intangible Assets:	'		'		'		'
Goodwill	120,902,000		120,902,000		126,794,000		'
Operating Segments | Asset Management	'		'		'		'
Revenues:	'		'		'		'
Total revenues	369,690,000		292,817,000		237,224,000		'
Income (loss) excluding noncontrolling interests and before provision for income taxes:	'		'		'		'
Pre-tax income excluding noncontrolling interests	128,286,000		96,300,000		67,241,000		'
Net interest income (expense):	'		'		'		'
Net interest income	92,000		81,000		-17,000		'
Operating Segments | RJ Bank	'		'		'		'
Revenues:	'		'		'		'
Total revenues	360,317,000		356,130,000		345,693,000		'
Income (loss) excluding noncontrolling interests and before provision for income taxes:	'		'		'		'
Pre-tax income excluding noncontrolling interests	242,834,000		267,714,000		240,158,000		'
Net interest income (expense):	'		'		'		'
Net interest income	346,757,000		338,844,000		322,024,000		'
Operating Segments | Other	'		'		'		'
Revenues:	'		'		'		'
Total revenues	42,203,000		126,401,000		58,412,000		'
Income (loss) excluding noncontrolling interests and before provision for income taxes:	'		'		'		'
Pre-tax income excluding noncontrolling interests	-83,918,000	[4]	-132,313,000	[4]	-126,720,000		'
Net interest income (expense):	'		'		'		'
Net interest income	-64,907,000		-65,074,000		-51,586,000		'
Intersegment eliminations	'		'		'		'
Revenues:	'		'		'		'
Total revenues	($64,888,000)		($66,108,000)		($56,534,000)		'
Total Revenues	'		'		'		'
Segment Reporting Information, Additional Information:	'		'		'		'
Major customer percentage	10.00%		'		'		'
[1]	No individual client accounted for more than ten percent of total revenues in any of the years presented.
[2]	Includes $174.6 million of goodwill at September 30, 2014 and 2013.
[3]	Includes $120.9 million of goodwill at September 30, 2014 and 2013.
[4]	The Other segment includes acquisition related expenses pertaining to our acquisitions (primarily related to our Morgan Keegan acquisition, see Note 3 for additional information) in the amount of $73.5 million and $59.3 million for the years ended September 30, 2013 and 2012, respectively. For the year ended September 30, 2014, acquisition related expenses are no longer material for separate disclosure as our Morgan Keegan integration activities were substantially complete as of September 30, 2013.

SEGMENT_INFORMATION_Classified

SEGMENT INFORMATION, Classified by Major Geographic Areas (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012		Dec. 31, 2012
Revenues:	'		'		'		'
Total revenues	$4,965,460	[1]	$4,595,798	[1]	$3,897,900	[1]	'
Pre-tax income excluding noncontrolling interests:	'		'		'		'
Total pre-tax income excluding noncontrolling interests	748,045		564,187		471,525		'
Total assets:	'		'		'		'
Total assets	23,325,652		23,186,122		'		'
Goodwill and Intangible Assets:	'		'		'		'
Goodwill	295,486		295,486		300,111		295,486
United States	'		'		'		'
Revenues:	'		'		'		'
Total revenues	4,512,808		4,177,712		3,500,982		'
Pre-tax income excluding noncontrolling interests:	'		'		'		'
Total pre-tax income excluding noncontrolling interests	706,366		543,093		450,731		'
Total assets:	'		'		'		'
Total assets	21,469,999	[2]	21,154,293	[2]	'		'
Goodwill and Intangible Assets:	'		'		'		'
Goodwill	262,500		262,500		'		'
Canada	'		'		'		'
Revenues:	'		'		'		'
Total revenues	323,038		310,616		297,348		'
Pre-tax income excluding noncontrolling interests:	'		'		'		'
Total pre-tax income excluding noncontrolling interests	37,947		28,470		29,593		'
Total assets:	'		'		'		'
Total assets	1,773,703	[3]	1,965,648	[3]	'		'
Goodwill and Intangible Assets:	'		'		'		'
Goodwill	33,000		33,000		'		'
Europe	'		'		'		'
Revenues:	'		'		'		'
Total revenues	95,865		83,744		78,221		'
Pre-tax income excluding noncontrolling interests:	'		'		'		'
Total pre-tax income excluding noncontrolling interests	-1,546		-8,032		-1,839		'
Total assets:	'		'		'		'
Total assets	39,872		26,415		'		'
Other Geographic Areas	'		'		'		'
Revenues:	'		'		'		'
Total revenues	33,749		23,726		21,349		'
Pre-tax income excluding noncontrolling interests:	'		'		'		'
Total pre-tax income excluding noncontrolling interests	5,278		656		-6,960		'
Total assets:	'		'		'		'
Total assets	$42,078		$39,766		'		'
[1]	No individual client accounted for more than ten percent of total revenues in any of the years presented.
[2]	Includes $262.5 million of goodwill at September 30, 2014 and 2013
[3]	Includes $33 million of goodwill at September 30, 2014 and 2013.

CONDENSED_FINANCIAL_INFORMATIO2

CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY) (Details) (USD $)	Sep. 30, 2014
In Billions, unless otherwise specified
Raymond James and Associates Inc	'
Condensed Financial Statements, Captions [Line Items]	'
Ratio of net capital to aggregate debit balances required by loan covenants	10.00%
Subsidiaries	'
Condensed Financial Statements, Captions [Line Items]	'
Net assets restricted from being transferred to Parent	1.7

CONDENSED_FINANCIAL_INFORMATIO3

CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY), Condensed Statement of Financial Condition (Details) (USD $)	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012	Sep. 30, 2011
Assets:	'		'		'	'
Cash and cash equivalents	$2,199,063,000	[1]	$2,596,616,000	[1]	$1,980,020,000	$2,439,695,000
Investments in consolidated subsidiaries:	'		'		'	'
Property and equipment, net	245,401,000		244,416,000		'	'
Goodwill and identifiable intangible assets, net	354,261,000		361,464,000		'	'
Other assets	45,915,000		50,509,000		'	'
Total assets	23,325,652,000		23,186,122,000		'	'
Liabilities and Equity [Abstract]	'		'		'	'
Trade and other	763,235,000		630,344,000		'	'
Intercompany payables to subsidiaries:	'		'		'	'
Accrued compensation and benefits	814,359,000		741,787,000		'	'
Corporate debt	1,190,836,000		1,194,508,000		'	'
Total liabilities	18,892,396,000		19,187,785,000		'	'
Equity	4,141,236,000		3,662,924,000		'	'
Total liabilities and equity	23,325,652,000		23,186,122,000		'	'
Related party deposit liabilities	509,000,000		6,000,000		'	'
RJF Parent Company	'		'		'	'
Assets:	'		'		'	'
Cash and cash equivalents	778,855,000	[2]	274,747,000		259,129,000	252,601,000
Intercompany receivables from subsidiaries:	'		'		'	'
Bank subsidiary	0		44,000		'	'
Non-bank subsidiaries	710,318,000	[3]	920,827,000	[3]	'	'
Investments in consolidated subsidiaries:	'		'		'	'
Bank subsidiary	1,310,097,000		1,106,742,000		'	'
Non-bank subsidiaries	2,302,128,000		2,393,035,000		'	'
Property and equipment, net	10,320,000		10,546,000		'	'
Goodwill and identifiable intangible assets, net	31,954,000		31,954,000		'	'
Other assets	619,616,000		634,446,000		'	'
Total assets	5,763,288,000		5,372,341,000		'	'
Liabilities and Equity [Abstract]	'		'		'	'
Trade and other	78,994,000		66,159,000		'	'
Intercompany payables to subsidiaries:	'		'		'	'
Bank subsidiary	45,000		0		'	'
Non-bank subsidiaries	109,396,000		217,497,000		'	'
Accrued compensation and benefits	284,584,000		276,916,000		'	'
Corporate debt	1,149,033,000		1,148,845,000		'	'
Total liabilities	1,622,052,000		1,709,417,000		'	'
Equity	4,141,236,000		3,662,924,000		'	'
Total liabilities and equity	5,763,288,000		5,372,341,000		'	'
Related party deposit liabilities	500,000,000		'		'	'
Invested cash and cash equivalents by subsidiaries on behalf of Parent	$458,000,000		$760,000,000		'	'
[1]	The total amounts presented include cash and cash equivalents of $1.21 billion and $1.02 billion as of September 30, 2014 and 2013, respectively, which are either held directly by RJF in depository accounts at third party financial institutions, held in a depository account at RJ Bank, or are otherwise invested by one of our subsidiaries on behalf of RJF, all of which are available without restrictions.
[2]	Of the Parent’s total cash and cash equivalents at September 30, 2014, $500 million is held in a deposit account at RJ Bank.
[3]	Of the total receivable from non-bank subsidiaries, $458 million and $760 million at September 30, 2014 and 2013, respectively, is invested in cash and cash equivalents by the subsidiary on behalf of the Parent.

CONDENSED_FINANCIAL_INFORMATIO4

CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY), Condensed Statement of Income (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Revenues:	'		'		'
Interest	$480,886		$473,599		$453,258
Other	67,516		145,882		86,473
Total revenues	4,965,460	[1]	4,595,798	[1]	3,897,900	[1]
Interest expense	-104,091		-110,371		-91,369
Net revenues	4,861,369		4,485,427		3,806,531
Non-interest expenses:	'		'		'
Compensation and benefits	3,312,635		3,054,027		2,620,058
Communications and information processing	252,694		257,366		195,895
Occupancy and equipment costs	161,683		157,449		134,199
Business development	139,672		124,387		118,712
Other	172,885		144,904		115,936
Income before income tax benefit and equity in undistributed net income of subsidiaries	715,948		593,910		467,921
Income including noncontrolling interests	267,797		197,033		175,656
Net income attributable to Raymond James Financial, Inc.	480,248		367,154		295,869
Change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses	6,021	[2]	15,042	[2]	12,886	[2]
Total comprehensive income	467,634	[2]	368,433	[2]	314,921	[2]
RJF Parent Company	'		'		'
Revenues:	'		'		'
Dividends from non-bank subsidiaries	253,218		822,996		433,643
Dividends from bank subsidiary	25,000		100,000		75,000
Interest from subsidiaries	5,779		1,966		1,876
Interest	2,050		2,510		322
Other	1,613		6,017		7,391
Total revenues	287,660		933,489		518,232
Interest expense	-76,662		-78,244		-61,122
Net revenues	210,998		855,245		457,110
Non-interest expenses:	'		'		'
Compensation and benefits	41,482		43,673		38,027
Communications and information processing	5,036		5,029		4,624
Occupancy and equipment costs	892		1,005		1,188
Business development	15,497		16,506		12,613
Other	8,252		9,608		26,716
Intercompany allocations and charges	-38,148		-33,115		-25,360
Total non-interest expenses	33,011		42,706		57,808
Income before income tax benefit and equity in undistributed net income of subsidiaries	177,987		812,539		399,302
Income including noncontrolling interests	-37,170		-54,047		-48,575
Income before equity in undistributed net income of subsidiaries	215,157		866,586		447,877
Equity in undistributed net income of subsidiaries	265,091		-499,432		-152,008
Net income attributable to Raymond James Financial, Inc.	480,248		367,154		295,869
Change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses	0		0		2
Total comprehensive income	$480,248		$367,154		$295,871
[1]	No individual client accounted for more than ten percent of total revenues in any of the years presented.
[2]	All components of other comprehensive (loss) income, net of tax, are attributable to Raymond James Financial, Inc.

CONDENSED_FINANCIAL_INFORMATIO5

CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY), Condensed Statement of Cash Flows (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2012
Cash flows from operating activities:	'		'		'
Net income attributable to Raymond James Financial, Inc.	$480,248		$367,154		$295,869
Adjustments to reconcile net income to net cash provided by operating activities:	'		'		'
Other, net	35,343		32,013		26,342
Net change in:	'		'		'
Other	19,330		-66,448		12,914
Accrued compensation and benefits	72,294		50,318		59,987
Net cash provided by operating activities	507,587		659,805		391,289
Cash flows from investing activities:	'		'		'
Acquisition of subsidiary	-2,007		-6,450		-1,073,621
Net cash used in investing activities	-2,096,764		-651,974		-2,731,215
Cash flows from financing activities:	'		'		'
Proceeds from issuance of shares in registered public offering	0		0		362,823
Purchase of treasury stock	-8,427		-11,718		-20,860
Dividends on common stock	-88,102		-76,593		-68,782
Net cash provided by financing activities	1,223,961		615,432		1,879,275
Net (decrease) increase in cash and cash equivalents	-397,553		616,596		-459,675
Cash and cash equivalents at beginning of year	2,596,616	[1]	1,980,020		2,439,695
Cash and cash equivalents at end of year	2,199,063	[1]	2,596,616	[1]	1,980,020
Supplemental disclosures of cash flow information:	'		'		'
Cash paid for interest	101,090		106,818		91,453
Cash received for income taxes, net	319,279		189,730		176,539
RJF Parent Company	'		'		'
Cash flows from operating activities:	'		'		'
Net income attributable to Raymond James Financial, Inc.	480,248		367,154		295,869
Adjustments to reconcile net income to net cash provided by operating activities:	'		'		'
Gain on investments	-10,245		-11,264		-6,286
Gain on company-owned life insurance	-17,989		-24,907		-22,848
Equity in undistributed net income of subsidiaries	-265,091		499,432		152,008
Other, net	75,725		-120,340		57,221
Net change in:	'		'		'
Intercompany receivables	45,656		-68,635		-35,456
Other	44,360		33,584		-266,467
Intercompany payables	-108,056		-214,415		239,669
Trade and other	12,835		10,017		22,034
Accrued compensation and benefits	7,668		148,622		44,156
Net cash provided by operating activities	265,111		619,248		479,900
Cash flows from investing activities:	'		'		'
Distributions from (investments in and advances to) subsidiaries, net	321,127		-384,622		-278,590
Sales (purchases) of investments, net	6,347		-171,677		3,258
Purchase of investments in company-owned life insurance, net	-25,581		-15,017		-18,271
Acquisition of subsidiary	0		0		-1,073,621
Net cash used in investing activities	301,893		-571,316		-1,367,224
Cash flows from financing activities:	'		'		'
Proceeds from borrowed funds, net	0		0		586,860
Proceeds from issuance of shares in registered public offering	0		0		362,823
Exercise of stock options and employee stock purchases	33,633		55,997		33,811
Purchase of treasury stock	-8,427		-11,718		-20,860
Dividends on common stock	-88,102		-76,593		-68,782
Net cash provided by financing activities	-62,896		-32,314		893,852
Net (decrease) increase in cash and cash equivalents	504,108		15,618		6,528
Cash and cash equivalents at beginning of year	274,747		259,129		252,601
Cash and cash equivalents at end of year	778,855	[2]	274,747		259,129
Supplemental disclosures of cash flow information:	'		'		'
Cash paid for interest	76,661		78,439		49,155
Cash received for income taxes, net	-59,552		-100,179		-74,501
Supplemental disclosures of noncash investing activity:	'		'		'
Investments in subsidiaries	($132,117)		$457,048		$153,854
[1]	The total amounts presented include cash and cash equivalents of $1.21 billion and $1.02 billion as of September 30, 2014 and 2013, respectively, which are either held directly by RJF in depository accounts at third party financial institutions, held in a depository account at RJ Bank, or are otherwise invested by one of our subsidiaries on behalf of RJF, all of which are available without restrictions.
[2]	Of the Parent’s total cash and cash equivalents at September 30, 2014, $500 million is held in a deposit account at RJ Bank.