Raymond James Financial (RJF) 10-Q 7 Aug 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Jun. 30, 2015	Aug. 03, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	RAYMOND JAMES FINANCIAL INC
Entity Central Index Key	720,005
Current Fiscal Year End Date	--09-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		143,989,935
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Assets:
Cash and cash equivalents	$ 2,582,081	$ 2,199,063
Assets segregated pursuant to regulations and other segregated assets	2,513,086	2,489,264
Securities purchased under agreements to resell and other collateralized financings	416,516	446,016
Financial instruments, at fair value:
Trading instruments	674,043	679,393
Available for sale securities	443,975	562,289
Private equity investments	209,542	211,666
Other investments	191,130	215,751
Derivative instruments associated with offsetting matched book positions	327,826	323,337
Receivables:
Brokerage clients, net	2,152,324	2,126,804
Stock borrowed	136,428	158,988
Bank loans, net	12,053,678	10,964,299
Brokers-dealers and clearing organizations	128,362	107,116
Loans to financial advisors, net	480,663	424,928
Other	500,196	544,180
Deposits with clearing organizations	200,372	150,457
Prepaid expenses and other assets	731,966	655,256
Property and equipment, net	249,018	245,401
Deferred income taxes, net	259,486	231,325
Goodwill and identifiable intangible assets, net	354,647	354,261
Total assets	24,808,416	23,325,652
Liabilities and equity:
Trading instruments sold but not yet purchased, at fair value	266,151	238,400
Securities sold under agreements to repurchase	251,769	244,495
Derivative instruments associated with offsetting matched book positions, at fair value	327,826	323,337
Payables:
Brokerage clients	4,197,484	3,956,104
Stock loaned	408,733	417,383
Bank deposits	11,010,616	10,028,924
Brokers-dealers and clearing organizations	151,621	216,530
Trade and other	808,735	763,235
Other borrowings	679,215	654,916
Accrued compensation, commissions and benefits	746,494	814,359
Corporate debt	1,187,934	1,190,836
Total liabilities	$ 20,062,127	$ 18,892,396
Commitments and contingencies (see Note 16)
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 149,049,959 at June 30, 2015 and 146,103,658 at September 30, 2014	1,489	1,444
Additional paid-in capital	1,327,567	1,239,046
Retained earnings	3,316,400	3,023,845
Treasury stock, at cost; 5,343,777 common shares at June 30, 2015 and 4,900,266 common shares at September 30, 2014	(149,499)	(121,211)
Accumulated other comprehensive loss	(23,292)	(1,888)
Total equity attributable to Raymond James Financial, Inc.	4,472,665	4,141,236
Noncontrolling interests	273,624	292,020
Total equity	4,746,289	4,433,256
Total liabilities and equity	24,808,416	23,325,652
LIHTC Funds - Primary Beneficiary
Receivables:
Investments in real estate partnerships held by consolidated variable interest entities	203,077	235,858
Payables:
Loans payable of consolidated variable interest entities	$ 25,549	$ 43,877

CONDENSED CONSOLIDATED STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - $ / shares	Jun. 30, 2015	Sep. 30, 2014
Equity:
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)	149,049,959	146,103,658
Treasury stock, shares (in shares)	5,343,777	4,900,266

CONDENSED CONSOLIDATED STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:
Securities commissions and fees		$ 874,606	$ 813,461	$ 2,568,829	$ 2,401,360
Investment banking		76,988	78,694	228,766	225,802
Investment advisory fees		96,235	89,080	286,012	270,590
Interest		137,147	119,391	403,669	354,877
Account and service fees		113,866	101,585	336,990	296,183
Net trading profit		16,216	17,276	42,157	50,269
Other		33,655	21,796	74,758	55,601
Total revenues		1,348,713	1,241,283	3,941,181	3,654,682
Interest expense		(27,724)	(27,052)	(81,954)	(78,404)
Net revenues		1,320,989	1,214,231	3,859,227	3,576,278
Non-interest expenses:
Compensation, commissions and benefits		901,342	825,506	2,621,830	2,442,742
Communications and information processing		69,267	63,341	196,014	194,698
Occupancy and equipment costs		40,269	40,757	121,100	120,339
Clearance and floor brokerage		9,648	9,335	32,734	29,165
Business development		40,127	35,079	119,607	103,990
Investment sub-advisory fees		15,293	12,887	44,535	38,484
Bank loan loss (benefit) provision		(3,009)	4,467	10,293	8,082
Other		46,757	43,926	137,537	128,034
Total non-interest expenses		1,119,694	1,035,298	3,283,650	3,065,534
Income including noncontrolling interests and before provision for income taxes		201,295	178,933	575,577	510,744
Provision for income taxes		74,935	68,554	218,404	191,749
Net income including noncontrolling interests		126,360	110,379	357,173	318,995
Net loss attributable to noncontrolling interests		(6,835)	(12,310)	(15,781)	(24,887)
Net income attributable to Raymond James Financial, Inc.		$ 133,195	$ 122,689	$ 372,954	$ 343,882
Net income per common share – basic (in dollars per share)		$ 0.93	$ 0.87	$ 2.61	$ 2.44
Net income per common share – diluted (in dollars per share)		$ 0.91	$ 0.85	$ 2.55	$ 2.38
Weighted-average common shares outstanding – basic (in shares)		143,252	140,270	142,303	139,747
Weighted-average common and common equivalent shares outstanding – diluted (in shares)		146,493	143,985	145,870	143,312
Net income attributable to Raymond James Financial, Inc.		$ 133,195	$ 122,689	$ 372,954	$ 343,882
Other comprehensive income (loss), net of tax:
Change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses	[1]	(5,381)	2,246	(3,068)	6,822
Net change in currency translations and net investment hedges, net of tax	[1]	1,295	5,906	(20,424)	(10,630)
Cash flow hedges, net of tax	[1]	3,589	0	2,088	0
Total comprehensive income	[1]	132,698	130,841	351,550	340,074
Other-than-temporary impairment:
Total other-than-temporary impairment, net		1,228	839	2,352	4,812
Portion of pre-tax recoveries recognized in other comprehensive income		(1,228)	(839)	(2,352)	(4,839)
Net impairment losses recognized in other revenue		$ 0	$ 0	$ 0	$ (27)
[1]	All components of other comprehensive income, net of tax, are attributable to Raymond James Financial, Inc.

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total		Common stock, par value $.01 per share [Member]	Additional paid-in capital [Member]	Retained earnings [Member]	Treasury stock [Member]	Accumulated Other Comprehensive Income [Member]	[1]	Total equity attributable to Raymond James Financial, Inc. [Member]	Noncontrolling interests [Member]
Balance, beginning of year at Sep. 30, 2013			$ 1,429	$ 1,136,298	$ 2,635,026	$ (120,555)	$ 10,726			$ 335,413
Changes in Shareholders' Equity:
Employee stock purchases				15,983
Exercise of stock options and vesting of restricted stock units, net of forfeitures				14,269		(4,683)
Restricted stock, stock option and restricted stock unit expense				48,593
Excess tax benefits (reduction of prior tax benefits) from share-based payments				8,147
Net income including noncontrolling interests	$ 318,995				343,882					(24,887)
Cash dividends declared					(68,447)
Purchases/surrenders						(2,223)
Net change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses, net of tax	6,822	[2]					6,822
Net change in currency translations and net investment hedges, net of tax	(10,630)	[2]					(10,630)
Cash flow hedges, net of tax	0	[2]					0
Capital contributions										22,565
Distributions										(24,576)
Other			13	822	(296)					(10,513)
Balance, end of period at Jun. 30, 2014	4,313,178		1,442	1,224,112	2,910,165	(127,461)	6,918		$ 4,015,176	298,002
Balance, beginning of year at Sep. 30, 2014	4,433,256		1,444	1,239,046	3,023,845	(121,211)	(1,888)			292,020
Changes in Shareholders' Equity:
Employee stock purchases				16,810
Exercise of stock options and vesting of restricted stock units, net of forfeitures				23,958		(20,470)
Restricted stock, stock option and restricted stock unit expense				54,366
Excess tax benefits (reduction of prior tax benefits) from share-based payments				(6,948)
Net income including noncontrolling interests	357,173				372,954					(15,781)
Cash dividends declared					(80,404)
Purchases/surrenders						(7,818)
Net change in unrealized losses on available for sale securities and non-credit portion of other-than-temporary impairment losses, net of tax	(3,068)	[2]					(3,068)
Net change in currency translations and net investment hedges, net of tax	(20,424)	[2]					(20,424)
Cash flow hedges, net of tax	2,088	[2]					2,088
Capital contributions										19,531
Distributions										(20,085)
Other			45	335	5					(2,061)
Balance, end of period at Jun. 30, 2015	$ 4,746,289		$ 1,489	$ 1,327,567	$ 3,316,400	$ (149,499)	$ (23,292)		$ 4,472,665	$ 273,624
[1]	All components of other comprehensive income, net of tax, are attributable to Raymond James Financial, Inc.
[2]	All components of other comprehensive income, net of tax, are attributable to Raymond James Financial, Inc.

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDER'S EQUITY (Parenthetical) - $ / shares	Jun. 30, 2015	Sep. 30, 2014	Jun. 30, 2014
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

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income attributable to Raymond James Financial, Inc.	$ 372,954	$ 343,882
Net loss attributable to noncontrolling interests	(15,781)	(24,887)
Net income including noncontrolling interests	357,173	318,995
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:
Depreciation and amortization	51,051	48,158
Deferred income taxes	(24,027)	(26,154)
Premium and discount amortization on available for sale securities and unrealized/realized gain on other investments	(42,644)	(21,733)
Provisions for loan losses, legal proceedings, bad debts and other accruals	14,921	15,224
Share-based compensation expense	57,352	51,962
Other	21,913	14,111
Net change in:
Assets segregated pursuant to regulations and other segregated assets	(23,822)	1,766,309
Securities purchased under agreements to resell and other collateralized financings, net of securities sold under agreements to repurchase	36,774	187,106
Stock loaned, net of stock borrowed	13,910	74,593
Loans provided to financial advisors, net of repayments	(69,227)	(35,160)
Brokerage client receivables and other accounts receivable, net	(3,090)	(9,915)
Trading instruments, net	46,111	55,837
Prepaid expenses and other assets	(341)	114
Brokerage client payables and other accounts payable	131,702	(1,984,873)
Accrued compensation, commissions and benefits	(67,994)	(44,927)
Purchases and originations of loans held for sale, net of proceeds from sales of securitizations and loans held for sale	(41,924)	49,420
(Excess tax benefits) reduction of prior tax benefits from share-based payment arrangements	6,948	(8,147)
Net cash provided by operating activities	464,786	450,920
Cash flows from investing activities:
Additions to property and equipment	(51,665)	(44,104)
Increase in bank loans, net	(1,096,051)	(1,808,852)
Purchases of Federal Home Loan Bank/Federal Reserve Bank stock, net of redemptions	(4,446)	(21,861)
Proceeds from sales of loans held for investment	64,173	150,776
Proceeds from sales of, or distributions received from, private equity, and other investments, net of purchases, business acquisitions or contributions to private equity or other investments	17,526	44,730
Purchases of available for sale securities	(4,201)	(1,305)
Available for sale securities maturations, repayments and redemptions	51,909	86,012
Proceeds from sales of available for sale securities	84,784	27,463
Net cash used in investing activities	(934,405)	(1,567,428)
Cash flows from financing activities:
Proceeds from borrowed funds, net	367,565	500,367
Repayments of borrowed funds, net	(346,309)	(28,152)
Repayments of borrowings by consolidated variable interest entities which are real estate partnerships	(19,703)	(21,839)
Exercise of stock options and employee stock purchases	40,893	28,757
Increase in bank deposits	981,692	972,467
Purchases of treasury stock	(30,890)	(7,794)
Dividends on common stock	(77,115)	(65,442)
Excess tax benefits (reduction of prior tax benefits) from share-based payments	(6,948)	8,147
Net cash provided by financing activities	909,295	1,387,237
Currency adjustment:
Effect of exchange rate changes on cash	(56,658)	(21,588)
Net increase in cash and cash equivalents	383,018	249,141
Cash and cash equivalents at beginning of year	2,199,063	2,596,616
Cash and cash equivalents at end of period	2,582,081	2,845,757
Supplemental disclosures of cash flow information:
Cash paid for interest	80,387	75,974
Cash paid for income taxes	311,931	258,211
Non-cash transfers of loans to other real estate owned	4,546	3,631
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	3,566	(287)
Cash flows from financing activities:
Proceeds from capital contributed to and borrowings of consolidated variable interest entities which are real estate partnerships	$ 110	$ 726

INTRODUCTION AND BASIS OF PRESE

INTRODUCTION AND BASIS OF PRESENTATION	9 Months Ended
	Jun. 30, 2015
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” or the “Company”) 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 unaudited condensed 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 on pages 115 - 118 in the section titled, “Evaluation of VIEs to determine whether consolidation is required” as presented in our Annual Report on Form 10-K for the year ended September 30, 2014 , as filed with the United States (“U.S.”) Securities and Exchange Commission (the “2014 Form 10-K”) and in Note 9 herein. 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 Certain financial information that is normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) but not required for interim reporting purposes has been condensed or omitted. These unaudited condensed consolidated financial statements reflect, in the opinion of management, all adjustments necessary for a fair presentation of the consolidated financial position and results of operations for the interim periods presented. The nature of our business is such that the results of any interim period are not necessarily indicative of results for a full year. These unaudited condensed consolidated financial statements should be read in conjunction with Management’s Discussion and Analysis and the consolidated financial statements and notes thereto included in our 2014 Form 10-K. To prepare condensed consolidated financial statements in conformity with GAAP, we must 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 condensed 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 condensed consolidated financial statements. Significant subsidiaries As of June 30, 2015 , 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. Reclassifications Certain prior period amounts, none of which are material, have been reclassified to conform to the current period’s presentation.

UPDATE OF SIGNIFICANT ACCOUNTIN

UPDATE OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
UPDATE OF SIGNIFICANT ACCOUNTING POLICIES	UPDATE OF SIGNIFICANT ACCOUNTING POLICIES A summary of our significant accounting policies is included in Note 2 on pages 100 - 118 of our 2014 Form 10-K. There have been no significant changes in our significant accounting policies since September 30, 2014 . Brokerage client receivables, loans to financial advisors and allowance for doubtful accounts As more fully described in Note 2 on page 107 - 108 of our 2014 Form 10-K, we have certain financing receivables that arise from businesses other than our banking business. Specifically, we offer loans to financial advisors and certain key revenue producers, primarily for recruiting and retention purposes. We present the outstanding balance of loans to financial advisors on our Condensed 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 $ 3.6 million and $2.5 million at June 30, 2015 and September 30, 2014 , respectively. Of the June 30, 2015 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 $ 5.7 million .

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS Cougar Global Investments Limited On April 30, 2015 , we completed our acquisition of Cougar Global Investments Limited (“Cougar”), an asset management firm based in Toronto, Canada. Cougar markets its investment services to high net worth individuals, families, foundations, trusts and institutions in Canada and the United States. Eagle now offers Cougar’s global asset allocation strategies to its clients worldwide. As of June 30, 2015 , Cougar had more than $1 billion in assets under advisement. Cougar’s activities are reported in our asset management segment. For purposes of certain acquisition related financial reporting requirements, the Cougar acquisition is not considered a material acquisition. We accounted for this acquisition under the acquisition method of accounting with the assets and liabilities of Cougar recorded as of the acquisition date at their respective fair value and consolidated in our financial statements. Cougar’s results of operations have been included in our results prospectively from April 30, 2015 . See Note 10 for information regarding the identifiable intangible assets which resulted from the Cougar acquisition. The Producers Choice LLC On May 29, 2015 , RJF entered into a definitive agreement to acquire The Producers Choice LLC (“Producers Choice”), a Troy, Michigan based private insurance and annuity marketing organization. Producers Choice will bring more life insurance and annuity specialists to our existing insurance product offerings. As of the closing date of this acquisition, Producers Choice will be included in our private client group segment. For purposes of certain acquisition related financial reporting requirements, the Producers Choice acquisition will not be considered a material acquisition. This acquisition was completed on July 31, 2015 .

CASH AND CASH EQUIVALENTS, ASSE

CASH AND CASH EQUIVALENTS, ASSETS SEGREGATED PURSUANT TO REGULATIONS, AND DEPOSITS WITH CLEARING ORGANIZATIONS	9 Months Ended
	Jun. 30, 2015
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 equivalents include money market funds or highly liquid investments with original maturities of 90 days or less, other than those used for trading purposes. For discussion of our accounting policies regarding assets segregated pursuant to regulations and other segregated assets, see Note 2 on page 102 of our 2014 Form 10-K. Our cash and cash equivalents, assets segregated pursuant to regulations or other segregated assets, and deposits with clearing organization balances are as follows: June 30, September 30, (in thousands) Cash and cash equivalents: Cash in banks $ 2,578,881 $ 2,195,683 Money market fund investments 3,200 3,380 Total cash and cash equivalents (1) 2,582,081 2,199,063 Cash segregated pursuant to federal regulations and other segregated assets (2) 2,513,086 2,489,264 Deposits with clearing organizations (3) 200,372 150,457 $ 5,295,539 $ 4,838,784 (1) The total amounts presented include cash and cash equivalents of $1.24 billion and $1.21 billion as of June 30, 2015 and September 30, 2014 , 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	9 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE For a discussion of our valuation methodologies for assets, liabilities measured at fair value, and the fair value hierarchy, see Note 2 on pages 102 - 107 of our 2014 Form 10-K. There have been no material changes to our valuation methodologies since our year ended September 30, 2014 . Assets and liabilities measured at fair value on a recurring and nonrecurring basis are presented below: June 30, 2015 Quoted prices in active markets for identical assets (Level 1) (1) Significant other observable inputs (Level 2) (1) Significant unobservable inputs (Level 3) Netting adjustments (2) Balance as of (in thousands) Assets at fair value on a recurring basis: Trading instruments: Municipal and provincial obligations $ 14,194 $ 207,179 $ — $ — $ 221,373 Corporate obligations 934 53,943 209 — 55,086 Government and agency obligations 11,806 83,804 — — 95,610 Agency mortgage-backed securities (“MBS”) and collateralized mortgage obligations (“CMOs”) 4,073 147,802 — — 151,875 Non-agency CMOs and asset-backed securities (“ABS”) — 53,564 10 — 53,574 Total debt securities 31,007 546,292 219 — 577,518 Derivative contracts — 107,926 — (74,154 ) 33,772 Equity securities 28,823 3,097 14 — 31,934 Corporate loans — 2,491 — — 2,491 Other 627 26,067 1,634 — 28,328 Total trading instruments 60,457 685,873 1,867 (74,154 ) 674,043 Available for sale securities: Agency MBS and CMOs — 228,347 — — 228,347 Non-agency CMOs — 73,790 — — 73,790 Other securities 1,687 — — — 1,687 Auction rate securities (“ARS”): Municipals — — 28,037 — 28,037 Preferred securities — — 112,114 — 112,114 Total available for sale securities 1,687 302,137 140,151 — 443,975 Private equity investments — — 209,542 (3) — 209,542 Other investments (4) 189,201 1,192 737 — 191,130 Derivative instruments associated with offsetting matched book positions — 327,826 — — 327,826 Deposits with clearing organizations (5) 23,714 — — — 23,714 Other assets: Derivatives - forward foreign exchange contracts — 6,019 — — 6,019 Derivative contracts (6) — 3,318 — — 3,318 Total other assets — 9,337 — — 9,337 Total assets at fair value on a recurring basis $ 275,059 $ 1,326,365 $ 352,297 $ (74,154 ) $ 1,879,567 Assets at fair value on a nonrecurring basis: Bank loans, net: Impaired loans $ — $ 29,261 $ 45,098 $ — $ 74,359 Loans held for sale (7) — 11,861 — — 11,861 Total bank loans, net — 41,122 45,098 — 86,220 Other real estate owned (“OREO”) (8) — 1,286 — — 1,286 Total assets at fair value on a nonrecurring basis $ — $ 42,408 $ 45,098 $ — $ 87,506 (continued on next page) June 30, 2015 Quoted prices in active markets for identical assets (Level 1) (1) Significant other observable inputs (Level 2) (1) Significant unobservable inputs (Level 3) Netting adjustments (2) Balance as of (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 $ 14,359 $ 49 $ — $ — $ 14,408 Corporate obligations 20 12,152 — — 12,172 Government obligations 192,217 — — — 192,217 Agency MBS and CMOs 115 20 — — 135 Total debt securities 206,711 12,221 — — 218,932 Derivative contracts — 92,113 — (65,539 ) 26,574 Equity securities 19,954 91 — — 20,045 Other securities — 600 — — 600 Total trading instruments sold but not yet purchased 226,665 105,025 — (65,539 ) 266,151 Derivative instruments associated with offsetting matched book positions — 327,826 — — 327,826 Other liabilities — — 1,745 (9) — 1,745 Total liabilities at fair value on a recurring basis $ 226,665 $ 432,851 $ 1,745 $ (65,539 ) $ 595,722 (1) We had $1.1 million in transfers of financial instruments from Level 1 to Level 2 during the nine months ended June 30, 2015 . 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 $1.1 million in transfers of financial instruments from Level 2 to Level 1 during the nine months ended June 30, 2015 . 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) For derivative transactions not cleared through an exchange, and 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 14 for additional information regarding offsetting financial instruments). Deposits associated with derivative transactions cleared through an exchange are included in deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. (3) The portion of these investments we do not own is approximately $54 million as of June 30, 2015 and are included as a component of noncontrolling interest in our Condensed Consolidated Statements of Financial Condition. The weighted average portion we own is approximately $156 million or 74% of the total private equity investments of $210 million included in our Condensed Consolidated Statements of Financial Condition. (4) Other investments include $112 million of financial instruments that are related to obligations to perform under certain deferred compensation plans (see Note 2 on page 114, and Note 24 on page 173, of our 2014 Form 10-K for further information regarding these plans). (5) Consists of deposits we provide to clearing organizations or exchanges that are in the form of marketable securities. (6) Consists of RJ Bank Interest Hedges (as hereinafter defined), see Note 13 for additional information. (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 Condensed Consolidated Statements of Financial Condition is net of the estimated selling costs. (9) Includes forward commitments to purchase GNMA or FNMA (as hereinafter defined) MBS arising from our fixed income public finance operations, and to a much lesser extent, other certain commitments. See Note 2 on page 104, and Note 21 on page 167 of our 2014 Form 10-K, as well as Note 16 in this report, for additional information regarding the GNMA or FNMA MBS commitments. September 30, 2014 Quoted prices in active markets for identical assets (Level 1) (1) Significant other observable inputs (Level 2) (1) Significant unobservable inputs (Level 3) Netting adjustments (2) Balance as of (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 in active markets for identical assets (Level 1) (1) Significant other observable inputs (Level 2) (1) Significant unobservable inputs (Level 3) Netting adjustments (2) Balance as of (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) For derivative transactions not cleared through an exchange, and 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 14 for additional information regarding offsetting financial instruments). Deposits associated with derivative transactions cleared through an exchange are included in deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. (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 Condensed 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 Condensed Consolidated Statements of Financial Condition. (5) Other investments include $144 million of financial instruments that are related to obligations to perform under certain deferred compensation plans (see Note 2 on page 114, and Note 24 on page 173, of our 2014 Form 10-K for further information regarding these plans). (6) Primarily comprised of forward commitments to purchase GNMA or FNMA (as hereinafter defined) MBS arising from our fixed income public finance operations (see Note 2 on page 104, and Note 21 on page 167 of our 2014 Form 10-K for additional information). (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 Condensed 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 nine months ended June 30, 2015 resulted in a $400 thousand additional provision for loan losses relating to impaired loans and $100 thousand in other losses relating to loans held for sale and OREO. The adjustment to fair value of the nonrecurring fair value measures for the nine months ended June 30, 2014 resulted in a $200 thousand additional provision for loan losses relating to impaired loans and $300 thousand in other losses relating to loans held for sale and OREO. 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: Three months ended June 30, 2015 Level 3 assets at fair value Financial assets Financial liabilities Trading instruments Available for sale securities Private equity, other investments and other assets Payables- trade and other Corporate obligations Non- agency CMOs & ABS Equity securities Other ARS – municipals ARS - preferred securities Private equity investments Other investments Other assets Other liabilities Fair value March 31, 2015 $ — $ 10 $ 14 $ 780 $ 89,614 $ 112,448 $ 220,944 $ 916 $ 2,196 $ (58 ) Total gains (losses) for the period: Included in earnings — — — (26 ) 11,040 — 12,700 (1) 16 (2,196 ) (1,687 ) Included in other comprehensive income — — — — (9,051 ) (334 ) — — — — Purchases and contributions — — — 1,458 — — 1,022 — — — Sales — — — (578 ) (63,566 ) — (1,696 ) — — — Redemptions by issuer — — — — — — — (8 ) — — Distributions — — — — — — (23,428 ) (187 ) — — Transfers: (2) Into Level 3 209 — — — — — — — — — Out of Level 3 — — — — — — — — — — Fair value June 30, 2015 $ 209 $ 10 $ 14 $ 1,634 $ 28,037 $ 112,114 $ 209,542 $ 737 $ — $ (1,745 ) Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period $ — $ — $ — $ — $ (77 ) $ (334 ) $ 12,954 $ 16 $ — $ (3,868 ) (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 $9 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. Nine months ended June 30, 2015 Level 3 assets at fair value Financial assets Financial liabilities Trading instruments Available for sale securities Private equity, other investments and other assets Payables- trade and other Corporate obligations Non- agency CMOs & ABS Equity securities Other ARS – municipals ARS - preferred securities Private equity investments Other investments Other assets Other liabilities Fair value September 30, 2014 $ — $ 11 $ 44 $ 2,309 $ 86,696 $ 114,039 $ 211,666 $ 1,731 $ 787 $ (58 ) Total gains (losses) for the period: Included in earnings — — 5 (66 ) 11,042 25 29,760 (1) 97 (787 ) (1,687 ) Included in other comprehensive income — — — — (6,090 ) (1,700 ) — — — — Purchases and contributions — — 20 24,791 — — 7,365 — — — Sales — — — (25,400 ) (63,611 ) — (1,696 ) — — — Redemptions by issuer — — — — — (250 ) — (681 ) — — Distributions — (1 ) — — — — (37,553 ) (410 ) — — Transfers: (2) Into Level 3 209 — — — — — — — — — Out of Level 3 — — (55 ) — — — — — — — Fair value $ 209 $ 10 $ 14 $ 1,634 $ 28,037 $ 112,114 $ 209,542 $ 737 $ — $ (1,745 ) Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period $ — $ — $ 5 $ — $ (888 ) $ (1,700 ) $ 30,015 $ 97 $ — $ (2,459 ) (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 $21.2 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 $8.6 million . (2) Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized. Three months ended June 30, 2014 Level 3 assets at fair value Financial assets Financial liabilities Trading instruments Available for sale securities Private equity, other investments and other assets Payables- trade and other Non- agency CMOs & ABS Equity securities Other Non- agency CMOs ARS – municipals ARS - preferred securities Private equity investments Other investments Other assets Other liabilities Fair value March 31, 2014 $ 13 $ 37 $ 2,703 $ 38 $ 109,960 $ 112,215 $ 191,401 $ 1,788 $ 15 $ (82 ) Total gains (losses) for the period: Included in earnings (1 ) 2 (162 ) — 542 — 3,831 (1) 89 2,837 2 Included in other comprehensive income — — — 1 1,060 1,234 — — — — Purchases and contributions — 78 5,917 — — — 3,982 — — — Sales — (65 ) (7,505 ) (38 ) (511 ) — — — — — Redemptions by issuer — — — — (350 ) — — (12 ) — — Distributions — — — (1 ) — — (18,244 ) (29 ) — — Transfers: (2) Into Level 3 — — — — — — 27,906 (3) — — — Out of Level 3 — — — — — — — — — 22 Fair value June 30, 2014 $ 12 $ 52 $ 953 $ — $ 110,701 $ 113,449 $ 208,876 $ 1,836 $ 2,852 $ (58 ) Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period $ (1 ) $ 2 $ (42 ) $ — $ 1,060 $ 1,234 $ 3,831 $ 89 $ 2,837 $ — (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 $4.7 million which is included in net income attributable to RJF (after noncontrolling interests). The noncontrolling interests’ share of the net valuation adjustments was a loss of approximately $900 thousand . (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 Condensed Consolidated Statements of Financial Condition, and whose carrying values approximate fair value. Nine months ended June 30, 2014 Level 3 assets at fair value Financial assets Financial liabilities Trading instruments Available for sale securities Private equity, other investments and other assets Payables- trade and other Non- agency CMOs & ABS Equity securities Other Non- agency CMOs ARS – municipals ARS - preferred securities Private equity investments Other investments Other receivables Other assets Other liabilities Fair value September 30, 2013 $ 14 $ 35 $ 3,956 $ 78 $ 130,934 $ 110,784 $ 216,391 $ 4,607 $ 2,778 $ 15 $ (60 ) Total gains (losses) for the period: Included in earnings (1 ) 6 (363 ) (27 ) 6,126 44 8,612 (1) 162 (2,778 ) 2,837 2 Included in other comprehensive income — — — 22 1,998 2,946 — — — — — Purchases and contributions — 102 16,365 — — — 13,314 63 — — — Sales — (91 ) (19,005 ) (38 ) (881 ) — (7,076 ) (2,698 ) — — — Redemptions by issuer — — — — (27,476 ) (325 ) — (40 ) — — — Distributions (1 ) — — (35 ) — — (31,694 ) (258 ) — — — Transfers: (2) Into Level 3 — — — — — — 11,924 (3) — — — — Out of Level 3 — — — — — — (2,595 ) (4) — — — — Fair value $ 12 $ 52 $ 953 $ — $ 110,701 $ 113,449 $ 208,876 $ 1,836 $ — $ 2,852 $ (58 ) Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period $ 19 $ 6 $ (42 ) $ — $ 1,998 $ 2,946 $ 8,612 $ 252 $ — $ 2,837 $ — (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 $9.1 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 $500 thousand . (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 Condensed Consolidated Statements of Financial Condition, and whose carrying values approximate fair value. (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 Condensed Consolidated Statements of Financial Condition. As of June 30, 2015 , 7.6% 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 June 30, 2015 represent 19% of our assets measured at fair value. In comparison, as of June 30, 2014 , 8.5% and 3% 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 June 30, 2014 represented 22% of our assets measured at fair value. Level 3 instruments as a percentage of total financial instruments decreased by 3% as compared to June 30, 2014 . The balances of our level 3 assets have decreased compared to June 30, 2014 primarily as a result of the sale or redemption of a portion of our ARS portfolio since June 30, 2014 . Gains and losses included in earnings are presented in net trading profit and other revenues in our Condensed Consolidated Statements of Income and Comprehensive Income as follows: Net trading profit Other revenues (in thousands) For the three months ended June 30, 2015 Total (losses) gains included in revenues $ (26 ) $ 19,873 Change in unrealized gains for assets held at the end of the reporting period $ — $ 8,691 For the nine months ended June 30, 2015 Total (losses) gains included in revenues $ (61 ) $ 38,450 Change in unrealized gains for assets held at the end of the reporting period $ 5 $ 25,065 For the three months ended June 30, 2014 Total (losses) gains included in revenues $ (161 ) $ 7,301 Change in unrealized (losses) gains for assets held at the end of the reporting period $ (41 ) $ 9,051 For the nine months ended June 30, 2014 Total (losses) gains included in revenues $ (358 ) $ 14,978 Change in unrealized (losses) gains for assets held at the end of the reporting period $ (17 ) $ 16,645 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 June 30, 2015 (in thousands) Valuation technique(s) Unobservable input Range (weighted-average) Recurring measurements: Available for sale securities: ARS: Municipals $ 10,482 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) 5.69% - 7.56% (6.63%) Average interest rates applicable to future interest income on the securities (b) 1.64% - 3.87% (2.76%) Prepayment year (c) 2018 - 2025 (2022) Weighting assigned to outcome of scenario1/ scenario 2 20%/80% Municipals $ 17,555 Discounted cash flow Average discount rate (a) 3.5% - 6.56% (4.13%) Average interest rates applicable to future interest income on the securities (b) 1.41% - 5.12% (1.63%) Prepayment year (c) 2018 - 2025 (2020) Preferred securities $ 112,114 Discounted cash flow Average discount rate (a) 3.73% - 5.37% (4.49%) Average interest rates applicable to future interest income on the securities (b) 2.17% - 3.67% (2.28%) Prepayment year (c) 2015 - 2020 (2020) Private equity investments: $ 46,402 Income or market approach: Scenario 1 - income approach - discounted cash flow Discount rate (a) 13% - 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 - 7.5 (6.3) Weighting assigned to outcome of scenario 1/scenario 2 72%/28% $ 163,140 Transaction price or other investment-specific events (e) Not meaningful (e) Not meaningful (e) Nonrecurring measurements: Impaired loans: residential $ 24,069 Discounted cash flow Prepayment rate 7 yrs. - 12 yrs. (10.3 yrs.) Impaired loans: corporate $ 21,029 Appraisal or discounted cash flow 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 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 June 30, 2015 were appraisals less selling costs for the collateral dependent loans and discounted cash flows 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 interest rate spread over what is typically a short-term base 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 June 30, 2015 , we have elected not to choose the fair value option for any of our financial assets or liabilities not already recorded at fair value. Other fair value disclosures Many, but not all, of the financial instruments we hold are recorded at fair value in the Condensed Consolidated Statements of Financial Condition. Refer to Note 5 on pages 131 - 132 of our 2014 Form 10-K for discussion of the methods and assumptions we apply to the determination of fair value of our financial instruments that are not otherwise recorded at fair value. The estimated fair values by level within the fair value hierarchy and the carrying amounts of our financial instruments that are not carried at fair value are as follows: Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Total estimated fair value Carrying amount (in thousands) June 30, 2015 Financial assets: Bank loans, net (1) $ — $ 83,162 $ 11,837,522 $ 11,920,684 $ 11,972,597 Financial liabilities: Bank deposits $ — $ 10,663,758 $ 347,968 $ 11,011,726 $ 11,010,616 Corporate debt $ 366,240 $ 933,620 $ — $ 1,299,860 $ 1,187,934 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 (1) Excludes all impaired loans and loans held for sale which have been recorded at fair value in the Condensed Consolidated Statements of Financial Condition at June 30, 2015 and September 30, 2014 , respectively.

TRADING INSTRUMENTS AND TRADING

TRADING INSTRUMENTS AND TRADING INSTRUMENTS SOLD BUT NOT YET PURCHASED	9 Months Ended
	Jun. 30, 2015
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 June 30, 2015 September 30, 2014 Trading instruments Instruments sold but not yet purchased Trading instruments Instruments sold but not yet purchased (in thousands) Municipal and provincial obligations $ 221,373 $ 14,408 $ 203,889 $ 11,647 Corporate obligations 55,086 12,172 111,928 15,333 Government and agency obligations 95,610 192,217 101,362 187,424 Agency MBS and CMOs 151,875 135 127,419 738 Non-agency CMOs and ABS 53,574 — 58,375 — Total debt securities 577,518 218,932 602,973 215,142 Derivative contracts (1) 33,772 26,574 28,205 12,372 Equity securities 31,934 20,045 34,142 10,886 Corporate loans 2,491 — 990 — Other 28,328 600 13,083 — Total $ 674,043 $ 266,151 $ 679,393 $ 238,400 (1) Represents the derivative contracts held for trading purposes. These balances do not include all derivative instruments. See Note 13 for further information regarding all of our derivative transactions, and see Note 14 for additional information regarding offsetting financial instruments. 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	9 Months Ended
	Jun. 30, 2015
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. Refer to the discussion of our available for sale securities accounting policies, including the fair value determination process, in Note 2 on pages 104 - 106 of our 2014 Form 10-K. There were $12.2 million of proceeds, and a loss which is included in other revenues on our Condensed Consolidated Statements of Income and Comprehensive Income in the amount of $600 thousand , arising from the sale of available for sale securities held by RJ Bank in the three and nine months ended June 30, 2015 . There were $26.6 million of proceeds, and a gain which is included in other revenues on our Condensed Consolidated Statements of Income and Comprehensive Income in the amount of $300 thousand , arising from the sale of available for sale securities held by RJ Bank in the three and nine months ended June 30, 2014 . 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 during the three and nine months ended June 30, 2015 resulted in aggregate proceeds of $63.6 million and $63.9 million , respectively, and gains which are included in other revenues on our Condensed Consolidated Statements of Income and Comprehensive Income in the amount of $11 million and $11.1 million , respectively. Nearly all of the ARS proceeds as well as the gain arising during the three months ended June 30, 2015 , resulted from the sale of Jefferson County, Alabama Limited Obligation School Warrants ARS. During the three and nine months ended June 30, 2014 , sale or redemption activities within the ARS portion of the portfolio resulted in aggregate proceeds of $900 thousand and $28.7 million , respectively, and gains which are included in other revenues on our Condensed Consolidated Statements of Income and Comprehensive Income of $500 thousand and $6.2 million , respectively. Nearly all of the ARS proceeds and gain in the prior year nine month period ended June 30, 2014 resulted from the redemption of the Jefferson County, Alabama Sewer Revenue Refunding Warrants ARS. The amortized cost and fair values of available for sale securities are as follows: Cost basis Gross unrealized gains Gross unrealized losses Fair value (in thousands) June 30, 2015 Available for sale securities: Agency MBS and CMOs $ 227,932 $ 928 $ (513 ) $ 228,347 Non-agency CMOs (1) 78,434 17 (4,661 ) 73,790 Other securities 1,575 112 — 1,687 Total RJ Bank available for sale securities 307,941 1,057 (5,174 ) 303,824 Auction rate securities: Municipal obligations 28,966 661 (1,590 ) 28,037 Preferred securities 104,302 7,812 — 112,114 Total auction rate securities 133,268 8,473 (1,590 ) 140,151 Total available for sale securities $ 441,209 $ 9,530 $ (6,764 ) $ 443,975 September 30, 2014 Available for sale securities: Agency MBS and CMOs $ 267,927 $ 822 $ (1,029 ) $ 267,720 Non-agency CMOs (2) 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 (1) As of June 30, 2015 , the non-credit portion of other-than-temporary impairment (“OTTI”) recorded in accumulated other comprehensive income (loss) (“AOCI”) was $3.7 million (before taxes). See Note 17 for additional information. (2) As of September 30, 2014 , the non-credit portion of OTTI recorded in AOCI was $6.1 million (before taxes). See Note 5 for additional information regarding the fair value of available for sale securities. The contractual maturities, amortized cost, carrying values and current yields for our available for sale securities are as presented below. Since RJ Bank’s available for sale securities (MBS & CMOs) are backed by mortgages, actual maturities will differ from contractual maturities because borrowers may have the right to prepay obligations without prepayment penalties. Expected maturities of ARS may differ significantly from contractual maturities, as issuers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2015 Within one year After one but within five years After five but within ten years After ten years Total ($ in thousands) Agency MBS & CMOs: Amortized cost $ — $ 6,696 $ 12,956 $ 208,280 $ 227,932 Carrying value — 6,710 13,037 208,600 228,347 Weighted-average yield — 0.49 % 1.30 % 1.01 % 1.01 % Non-agency CMOs: Amortized cost $ — $ — $ — $ 78,434 $ 78,434 Carrying value — — — 73,790 73,790 Weighted-average yield — — — 2.43 % 2.43 % Other securities: Amortized cost $ — $ — $ — $ 1,575 $ 1,575 Carrying value — — — 1,687 1,687 Weighted-average yield — — — — — Sub-total agency MBS & CMOs, non-agency CMOs, and other securities: Amortized cost $ — $ 6,696 $ 12,956 $ 288,289 $ 307,941 Carrying value — 6,710 13,037 284,077 303,824 Weighted-average yield — 0.49 % 1.30 % 1.38 % 1.36 % Auction rate securities: Municipal obligations Amortized cost $ — $ — $ — $ 28,966 $ 28,966 Carrying value — — — 28,037 28,037 Weighted-average yield — — — 0.17 % 0.17 % Preferred securities: Amortized cost $ — $ — $ — $ 104,302 $ 104,302 Carrying value — — — 112,114 112,114 Weighted-average yield — — — 0.27 % 0.27 % Sub-total auction rate securities: Amortized cost $ — $ — $ — $ 133,268 $ 133,268 Carrying value — — — 140,151 140,151 Weighted-average yield — — — 0.25 % 0.25 % Total available for sale securities: Amortized cost $ — $ 6,696 $ 12,956 $ 421,557 $ 441,209 Carrying value — 6,710 13,037 424,228 443,975 Weighted-average yield — 0.49 % 1.30 % 1.01 % 1.01 % 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: June 30, 2015 Less than 12 months 12 months or more Total Estimated fair value Unrealized losses Estimated fair value Unrealized losses Estimated fair value Unrealized losses (in thousands) Agency MBS and CMOs $ 2,997 $ (46 ) $ 48,038 $ (467 ) $ 51,035 $ (513 ) Non-agency CMOs 9,727 (46 ) 63,338 (4,615 ) 73,065 (4,661 ) ARS municipal obligations 226 (1 ) 11,563 (1,589 ) 11,789 (1,590 ) Total $ 12,950 $ (93 ) $ 122,939 $ (6,671 ) $ 135,889 $ (6,764 ) September 30, 2014 Less than 12 months 12 months or more Total Estimated fair value Unrealized losses Estimated fair value Unrealized losses Estimated fair value Unrealized 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 ) 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 The Federal National Mortgage Association (“FNMA”), the Federal Home Loan Mortgage Corporation (“FHLMC”), as well as the Government National Mortgage Association (“GNMA”), guarantee the contractual cash flows of the agency MBS and CMOs. At June 30, 2015 , one of our U.S. government-sponsored enterprise MBS and CMOs was in a continuous unrealized loss position less than 12 months and six of our U.S. government-sponsored enterprise MBS and CMOs were in a continuous unrealized loss position 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: June 30, 2015 Range Weighted- average (1) Default rate 0% - 7% 3.86% Loss severity 0% - 73.8% 39.33% Prepayment rate 5% - 15.3% 7.74% (1) Represents the expected activity for the next twelve months. At June 30, 2015 , 15 of the 16 non-agency CMOs were in a continuous unrealized loss position. Of these, 12 were in that position for 12 months or more and three were 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 June 30, 2015 reflect the uncertainty in the markets for these instruments. ARS Our 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 June 30, 2015 is $155.9 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 June 30, 2015 , 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. 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 June 30, 2015 we do not expect to recover the entire amortized cost basis of certain securities within these portfolios. Changes in the amount of OTTI related to credit losses recognized in other revenues on available for sale securities are as follows: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Amount related to credit losses on securities we held at the beginning of the period $ 18,703 $ 28,244 $ 18,703 $ 28,217 Decreases to the amount related to credit loss for securities sold during the period (6,856 ) (9,541 ) (6,856 ) (9,541 ) Additional increases to the amount related to credit loss for which an OTTI was previously recognized — — — 27 Amount related to credit losses on securities we held at the end of the period $ 11,847 $ 18,703 $ 11,847 $ 18,703

BANK LOANS, NET

BANK LOANS, NET	9 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
BANK LOANS, NET	BANK LOANS, NET Bank client receivables are comprised of loans originated or purchased by RJ Bank, and include commercial and industrial (“C&I”) loans, tax-exempt loans, securities based 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. For a discussion of our accounting policies regarding bank loans and allowances for losses, including the policies regarding loans held for investment, loans held for sale, off-balance sheet loan commitments, nonperforming assets, troubled debt restructurings (“TDRs”), impaired loans, the allowance for loan losses and reserve for unfunded lending commitments, and loan charge-off policies, see Note 2 on pages 108 – 112 of our 2014 Form 10-K. We segregate our loan portfolio into six loan portfolio segments: C&I, commercial real estate (“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: June 30, 2015 September 30, 2014 Balance % Balance % ($ in thousands) Loans held for sale, net (1) $ 92,227 1 % $ 45,988 — Loans held for investment: Domestic: C&I loans 5,609,932 46 % 5,378,592 49 % CRE construction loans 90,866 1 % 76,733 1 % CRE loans 1,529,324 12 % 1,415,093 13 % Tax-exempt loans 385,234 3 % 122,218 1 % Residential mortgage loans 1,947,715 16 % 1,749,513 16 % SBL 1,389,227 11 % 1,021,358 9 % Foreign: C&I loans 929,710 8 % 1,043,755 9 % CRE construction loans 29,401 — 17,462 — CRE loans 239,456 2 % 274,070 2 % Residential mortgage loans 2,846 — 2,234 — SBL 1,901 — 2,390 — Total loans held for investment 12,155,612 11,103,418 Net unearned income and deferred expenses (33,530 ) (37,533 ) Total loans held for investment, net (1) 12,122,082 11,065,885 Total loans held for sale and investment 12,214,309 100 % 11,111,873 100 % Allowance for loan losses (160,631 ) (147,574 ) Bank loans, net $ 12,053,678 $ 10,964,299 (1) Net of unearned income and deferred expenses, which includes purchase premiums, purchase discounts, and net deferred origination fees and costs. At June 30, 2015 , the Federal Home Loan Bank of Atlanta (“FHLB”) had a blanket lien on RJ Bank’s residential mortgage loan portfolio as security for the repayment of certain borrowings. See Note 12 for more information regarding borrowings from the FHLB. Loans held for sale RJ Bank originated or purchased $242.3 million and $859.9 million of loans held for sale during the three and nine months ended June 30, 2015 , respectively, and $195.4 million and $743.7 million during the three and nine months ended June 30, 2014 , respectively. Proceeds from the sale of held for sale loans amounted to $65.2 million and $162.7 million during the three and nine months ended June 30, 2015 , respectively, and $39.5 million and $133.6 million during the three and nine months ended June 30, 2014 , respectively. Net gains resulting from such sales amounted to $600 thousand and $1.3 million during the three and nine months ended June 30, 2015 , respectively and $200 thousand and $500 thousand during the three and nine months ended June 30, 2014 , respectively. Unrealized losses recorded in the Condensed Consolidated Statements of Income and Comprehensive Income to reflect the loans held for sale at the lower of cost or market value were insignificant in the three months ended June 30, 2015 and $200 thousand in the nine months ended June 30, 2015 and $200 thousand and $300 thousand in the three and nine months ended June 30, 2014 , respectively. Purchases and sales of loans held for investment As more fully described in Note 2 of our 2014 Form 10-K, corporate loan sales generally occur as part of a loan workout situation. The following table presents purchases and sales of any loans held for investment by portfolio segment: C&I Residential mortgage Total (in thousands) Three months ended June 30, 2015 Purchases $ 186,982 5,381 $ 192,363 Sales $ 23,068 — $ 23,068 Nine months ended June 30, 2015 Purchases $ 447,263 218,690 (1) $ 665,953 Sales $ 55,428 — $ 55,428 Three months ended June 30, 2014 Purchases $ 105,214 931 $ 106,145 Sales $ 60,492 — $ 60,492 Nine months ended June 30, 2014 Purchases $ 342,950 28,666 $ 371,616 Sales $ 191,815 — $ 191,815 (1) Includes the purchase from another financial institution of residential mortgage loans totaling $207.3 million in principal loan balance. Aging analysis of loans held for investment The following table presents an analysis of the payment status of loans held for investment: 30-89 days and accruing 90 days or more and accruing Total past due and accruing Nonaccrual (1) Current and accruing Total loans held for investment (2) (in thousands) As of June 30, 2015: C&I loans $ 168 $ — $ 168 $ — $ 6,539,474 $ 6,539,642 CRE construction loans — — — — 120,267 120,267 CRE loans — — — 11,108 1,757,672 1,768,780 Tax-exempt loans — — — — 385,234 385,234 Residential mortgage loans: First mortgage loans 4,744 — 4,744 47,826 1,877,999 1,930,569 Home equity loans/lines 36 — 36 284 19,672 19,992 SBL — — — — 1,391,128 1,391,128 Total loans held for investment, net $ 4,948 $ — $ 4,948 $ 59,218 $ 12,091,446 $ 12,155,612 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 — — — — 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, net $ 1,829 $ — $ 1,829 $ 80,665 $ 11,020,924 $ 11,103,418 (1) Includes $27.9 million and $41.4 million of nonaccrual loans at June 30, 2015 and September 30, 2014 , 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 the nonperforming loans reflected in the previous table, which would have been recorded had these loans been current in accordance with their original terms, totaled $400 thousand and $1.1 million for the three and nine months ended June 30, 2015 , respectively, and $900 thousand and $2.7 million for the three and nine months ended June 30, 2014 , respectively. The interest income recognized on nonperforming loans was $300 thousand and $900 thousand for the three and nine months ended June 30, 2015 , respectively, and $300 thousand and $1.1 million for the three and nine months ended June 30, 2014 , respectively. Other real estate owned, included in other assets on our Condensed Consolidated Statements of Financial Condition, was $4.9 million at June 30, 2015 and $5.4 million at September 30, 2014 . Impaired loans and troubled debt restructurings The following table provides a summary of RJ Bank’s impaired loans: June 30, 2015 September 30, 2014 Gross recorded investment Unpaid principal balance Allowance for losses Gross recorded investment Unpaid principal balance Allowance for losses (in thousands) Impaired loans with allowance for loan losses: (1) C&I loans $ 10,937 $ 11,541 $ 1,016 $ 11,959 $ 12,563 $ 1,289 Residential - first mortgage loans 37,177 51,482 4,121 43,806 61,372 5,012 Total 48,114 63,023 5,137 55,765 73,935 6,301 Impaired loans without allowance for loan losses: (2) CRE loans 11,108 17,760 — 18,876 39,717 — Residential - first mortgage loans 20,274 30,005 — 21,987 32,949 — Total 31,382 47,765 — 40,863 72,666 — Total impaired loans $ 79,496 $ 110,788 $ 5,137 $ 96,628 $ 146,601 $ 6,301 (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 $11.1 million CRE, $10.9 million of C&I, and $33.8 million residential first mortgage TDR’s at June 30, 2015 , and $18.9 million CRE, $12 million C&I, and $36.6 million residential first mortgage TDR’s at September 30, 2014 . The average balance of the total impaired loans and the related interest income recognized in the Condensed Consolidated Statements of Income and Comprehensive Income are as follows: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Average impaired loan balance: C&I loans $ 11,059 $ 12,593 $ 11,508 $ 4,745 CRE loans 15,053 24,096 16,613 24,664 Residential mortgage loans: First mortgage loans 57,305 70,911 60,097 71,516 Home equity loans/lines — 12 — 28 Total $ 83,417 $ 107,612 $ 88,218 $ 100,953 Interest income recognized: Residential mortgage loans: First mortgage loans $ 409 $ 387 $ 1,139 $ 1,350 Total $ 409 $ 387 $ 1,139 $ 1,350 During the three and nine months ended June 30, 2015 and 2014 , RJ Bank granted concessions to borrowers having financial difficulties, for which the resulting modification was deemed a TDR. The concessions granted for the respective first mortgage residential loans presented in the table below were interest rate reductions, amortization and maturity date extensions, capitalization of past due payments, 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 contracts Pre-modification outstanding recorded investment Post-modification outstanding recorded investment ($ in thousands) Three months ended June 30, 2015 Residential – first mortgage loans 3 $ 836 $ 897 Three months ended June 30, 2014 C&I loans 1 $ 19,200 $ 15,035 CRE loans 2 $ 22,291 $ 22,291 Residential – first mortgage loans 5 $ 1,797 $ 1,959 Nine months ended June 30, 2015 Residential – first mortgage loans 5 $ 1,081 $ 1,145 Nine months ended June 30, 2014 C&I loans 1 $ 19,200 $ 15,035 CRE loans 2 $ 22,291 $ 22,291 Residential – first mortgage loans 16 $ 4,085 $ 4,407 There were no TDRs 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 during three and nine months ended June 30, 2015 . During the three months ended June 30, 2014 , there were no residential first mortgage TDRs for which there was a payment default and for which the respective loan was modified as a TDR with the 12 months prior to the default. During the nine months ended June 30, 2014 , there were three residential first mortgage TDRs with a recorded investment of $900 thousand , 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 June 30, 2015 and as of September 30, 2014 , RJ Bank had one outstanding commitment on a C&I TDR in the amount of $600 thousand . 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: Pass Special mention (1) Substandard (1) Doubtful Total (in thousands) June 30, 2015 C&I $ 6,378,312 $ 104,390 $ 56,940 $ — $ 6,539,642 CRE construction 120,267 — — — 120,267 CRE 1,741,844 15,459 11,477 — 1,768,780 Tax-exempt 385,234 — — — 385,234 Residential mortgage First mortgage 1,855,686 15,648 59,236 — 1,930,570 Home equity 19,642 65 284 — 19,991 SBL 1,391,128 — — — 1,391,128 Total $ 11,892,113 $ 135,562 $ 127,937 $ — $ 12,155,612 September 30, 2014 C&I $ 6,321,662 $ 83,101 $ 17,584 $ — $ 6,422,347 CRE construction 94,195 — — — 94,195 CRE 1,669,897 191 18,167 908 1,689,163 Tax-exempt 122,218 — — — 122,218 Residential mortgage First mortgage 1,647,325 15,346 69,092 — 1,731,763 Home equity 19,572 — 412 — 19,984 SBL 1,023,748 — — — 1,023,748 Total $ 10,898,617 $ 98,638 $ 105,255 $ 908 $ 11,103,418 (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 loan-to-value (“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% $ 585,795 LTV greater than 50% but less than 80% 973,459 LTV greater than 80% but less than 100% 146,414 LTV greater than 100%, but less than 120% 21,800 LTV greater than 120% 2,991 Total $ 1,730,459 (1) Excludes loans that have full repurchase recourse for any delinquent loans. Allowance for loan losses and reserve for unfunded lending commitments Changes in the allowance for loan losses of RJ Bank by portfolio segment are as follows: Loans held for investment C&I CRE construction CRE Tax-exempt Residential mortgage SBL Total (in thousands) Three months ended June 30, 2015 Balance at beginning of period $ 111,125 $ 1,675 $ 25,717 $ 3,909 $ 15,076 $ 2,506 $ 160,008 (Benefit) provision for loan losses (1,365 ) 301 (1,912 ) 239 (545 ) 273 (3,009 ) Net (charge-offs)/recoveries: Charge-offs — — — — (687 ) — (687 ) Recoveries — — 3,773 — 409 6 4,188 Net (charge-offs)/recoveries — — 3,773 — (278 ) 6 3,501 Foreign exchange translation adjustment 83 5 43 — — — 131 Balance at June 30, 2015 $ 109,843 $ 1,981 $ 27,621 $ 4,148 $ 14,253 $ 2,785 $ 160,631 Nine months ended June 30, 2015 Balance at beginning of period $ 103,179 $ 1,594 $ 25,022 $ 1,380 $ 14,350 $ 2,049 $ 147,574 Provision (benefit) for loan losses 6,999 418 (850 ) 2,768 242 716 10,293 Net (charge-offs)/recoveries: Charge-offs (238 ) — — — (1,325 ) — (1,563 ) Recoveries 536 — 3,773 — 986 20 5,315 Net (charge-offs)/recoveries $ 298 $ — $ 3,773 $ — $ (339 ) $ 20 $ 3,752 Foreign exchange translation adjustment (633 ) (31 ) (324 ) — — — (988 ) Balance at June 30, 2015 $ 109,843 $ 1,981 $ 27,621 $ 4,148 $ 14,253 $ 2,785 $ 160,631 Three months ended June 30, 2014 Balance at beginning of period $ 95,284 $ 1,799 $ 22,276 $ 418 $ 16,614 $ 1,549 $ 137,940 Provision (benefit) for loan losses 3,509 (76 ) 1,141 603 (972 ) 262 4,467 Net (charge-offs)/recoveries: Charge-offs — — — — (755 ) — (755 ) Recoveries — — — — 351 9 360 Net (charge-offs)/recoveries $ — $ — $ — $ — $ (404 ) $ 9 $ (395 ) Foreign exchange translation adjustment 198 22 77 — — — 297 Balance at June 30, 2014 $ 98,991 $ 1,745 $ 23,494 $ 1,021 $ 15,238 $ 1,820 $ 142,309 Nine months ended June 30, 2014 Balance at beginning of period $ 95,994 $ 1,000 $ 19,266 $ — $ 19,126 $ 1,115 $ 136,501 Provision (benefit) for loan losses 5,106 748 4,203 1,021 (3,674 ) 678 8,082 Net (charge-offs)/recoveries: Charge-offs (1,845 ) — — — (1,634 ) — (3,479 ) Recoveries 16 — 80 — 1,420 27 1,543 Net (charge-offs)/recoveries $ (1,829 ) $ — $ 80 $ — $ (214 ) $ 27 $ (1,936 ) Foreign exchange translation adjustment (280 ) (3 ) (55 ) — — — (338 ) Balance at June 30, 2014 $ 98,991 $ 1,745 $ 23,494 $ 1,021 $ 15,238 $ 1,820 $ 142,309 The following table presents, by loan portfolio segment, RJ Bank’s recorded investment and related allowance for loan losses: Loans held for investment Allowance for loan losses Recorded investment (1) Individually evaluated for impairment Collectively evaluated for impairment Total Individually evaluated for impairment Collectively evaluated for impairment Total (in thousands) June 30, 2015 C&I $ 1,016 $ 108,827 $ 109,843 $ 10,937 $ 6,528,705 $ 6,539,642 CRE construction — 1,981 1,981 — 120,267 120,267 CRE — 27,621 27,621 11,108 1,757,672 1,768,780 Tax-exempt — 4,148 4,148 — 385,234 385,234 Residential mortgage 4,121 10,132 14,253 57,451 1,893,110 1,950,561 SBL — 2,785 2,785 — 1,391,128 1,391,128 Total $ 5,137 $ 155,494 $ 160,631 $ 79,496 $ 12,076,116 $ 12,155,612 September 30, 2014 C&I $ 1,289 101,890 $ 103,179 $ 11,959 $ 6,410,388 $ 6,422,347 CRE construction — 1,594 1,594 — 94,195 94,195 CRE — 25,022 25,022 18,876 1,670,287 1,689,163 Tax-exempt — 1,380 1,380 — 122,218 122,218 Residential mortgage 5,012 9,338 14,350 65,793 1,685,954 1,751,747 SBL — 2,049 2,049 — 1,023,748 1,023,748 Total $ 6,301 $ 141,273 $ 147,574 $ 96,628 $ 11,006,790 $ 11,103,418 (1) Excludes any net unearned income and deferred expenses. The reserve for unfunded lending commitments, included in trade and other payables on our Condensed Consolidated Statements of Financial Condition, was $10.4 million and $10 million at June 30, 2015 and September 30, 2014 , respectively.

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	9 Months Ended
	Jun. 30, 2015
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. 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 low-income housing tax credit funds (“LIHTC Funds”), various other partnerships and limited liability companies (“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”). Refer to Note 2 on pages 115 - 118 of our 2014 Form 10-K for a description of our principal involvement with VIEs and the accounting policies regarding determination of whether we are deemed to be the primary beneficiary of any VIEs. Other than as described below, as of June 30, 2015 there have been no significant changes in either the nature of our involvement with, or the accounting policies associated with the analysis of, VIEs as described in the 2014 Form 10-K. Raymond James Tax Credit Funds, Inc. (“RJTCF”), a wholly owned subsidiary of RJF, is the managing member or general partner in LIHTC Funds having one or more investor members or limited partners. These LIHTC Funds are organized as limited partnerships or LLCs 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. 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. The aggregate assets and liabilities of the VIEs we consolidate are provided in the table below. Aggregate assets (1) Aggregate liabilities (1) (in thousands) June 30, 2015 LIHTC Funds $ 147,377 $ 40,353 Guaranteed LIHTC Fund (2) 71,895 2,180 Restricted Stock Trust Fund 9,974 9,974 EIF Funds 4,383 — Total $ 233,629 $ 52,507 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 (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 (the “Guaranteed LIHTC Fund”). See Note 16 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 Condensed Consolidated Statements of Financial Condition. The noncontrolling interests presented in this table represent the portion of these net assets which are not ours. June 30, 2015 September 30, 2014 (in thousands) Assets: Assets segregated pursuant to regulations and other segregated assets $ 9,918 $ 10,887 Receivables, other 5,541 5,812 Investments in real estate partnerships held by consolidated variable interest entities 203,077 235,858 Trust fund investment in RJF common stock (1) 9,973 6,607 Prepaid expenses and other assets 4,136 5,728 Total assets $ 232,645 $ 264,892 Liabilities and equity: Trade and other payables $ 6,926 $ 10,157 Intercompany payables 9,968 6,608 Loans payable of consolidated variable interest entities (2) 25,549 43,877 Total liabilities 42,443 60,642 RJF equity 6,113 6,165 Noncontrolling interests 184,089 198,085 Total equity 190,202 204,250 Total liabilities and equity $ 232,645 $ 264,892 (1) Included in treasury stock in our Condensed Consolidated Statements of Financial Condition. (2) Comprised of several non-recourse loans. We are not contingently liable under any of these loans. The following table presents information about the net income (loss) of the VIEs which we consolidate, and is included within our Condensed Consolidated Statements of Income and Comprehensive Income. The noncontrolling interests presented in this table represent the portion of the net loss from these VIEs which is not ours. Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Revenues: Interest $ — $ — $ 2 $ 1 Other (349 ) 700 (57 ) (716 ) Total revenues (349 ) 700 (55 ) (715 ) Interest expense (404 ) (653 ) (1,470 ) (2,237 ) Net revenues (expense) (753 ) 47 (1,525 ) (2,952 ) Non-interest expenses (1) 10,318 12,255 29,417 33,272 Net loss including noncontrolling interests (11,071 ) (12,208 ) (30,942 ) (36,224 ) Net loss attributable to noncontrolling interests (11,032 ) (12,406 ) (30,890 ) (36,402 ) Net (loss) income attributable to RJF $ (39 ) $ 198 $ (52 ) $ 178 (1) Primarily comprised of items reported in other expense on our Condensed Consolidated Statements of Income and Comprehensive Income. Low-income housing tax credit funds RJTCF is the managing member or general partner in 101 separate low-income housing tax credit funds having one or more investor members or limited partners, 90 of which are determined to be VIEs and 11 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 16 for further discussion of the guarantee obligation as well as other RJTCF commitments). RJTCF also consolidates five 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 six NMTC Funds, and, as discussed in Note 2 on page 117 of our 2014 Form 10-K, 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 on page 117 of our 2014 Form 10-K, 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. June 30, 2015 September 30, 2014 Aggregate assets Aggregate liabilities Our risk of loss Aggregate assets Aggregate liabilities Our risk of loss (in thousands) LIHTC Funds $ 3,220,560 $ 949,538 $ 49,655 $ 2,988,224 $ 899,586 $ 48,915 NMTC Funds 65,560 35 12 83,474 2 13 Other Real Estate Limited Partnerships and LLCs 29,523 37,062 172 30,202 36,262 183 Total $ 3,315,643 $ 986,635 $ 49,839 $ 3,101,900 $ 935,850 $ 49,111 VIEs where we hold a variable interest but are not required to consolidate Managed Funds As described in Note 2 on page 117 - 118 of our 2014 Form 10-K, we have subsidiaries which serve as the general partner of the Managed Funds. For the Managed Funds, the 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. The aggregate assets, liabilities, and our exposure to loss from Managed Funds in which we hold a variable interest as of the dates indicated are provided in the table below: June 30, 2015 September 30, 2014 Aggregate assets Aggregate liabilities Our risk of loss Aggregate assets Aggregate liabilities Our risk of loss (in thousands) Managed Funds $ 108,396 $ 6,542 $ 94 $ 103,618 $ 11 $ 94

GOODWILL AND IDENTIFIABLE INTAN

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS	9 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INDENTIFIABLE INTANGIBLE ASSETS	GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS The following are our goodwill and net identifiable intangible asset balances as of the dates indicated: June 30, 2015 September 30, 2014 (in thousands) Goodwill $ 295,486 $ 295,486 Identifiable intangible assets, net 59,161 58,775 Total goodwill and identifiable intangible assets, net $ 354,647 $ 354,261 Our goodwill and identified intangible assets result from various acquisitions. As more fully described in Note 3 , in April 2015 we completed our acquisition of Cougar which included a number of identifiable intangible assets. See Note 13 on pages 150 - 154 of our 2014 Form 10-K for a discussion of the components of our goodwill balance and additional information regarding our identifiable intangible assets which arose from acquisitions completed in prior years. See the discussion of our intangible assets and goodwill accounting policies in Note 2 on page 113 of our 2014 Form 10-K. Goodwill The following summarizes our goodwill by segment, along with the activity, as of the dates indicated: Three months ended June 30, Nine months ended June 30, Segment Segment Private client group Capital markets Total Private client group Capital markets Total (in thousands) Fiscal year 2015 Goodwill as of beginning of period $ 174,584 $ 120,902 $ 295,486 $ 174,584 $ 120,902 $ 295,486 Impairment losses — — — — — — Goodwill as of end of period $ 174,584 $ 120,902 $ 295,486 $ 174,584 $ 120,902 $ 295,486 Fiscal year 2014 Goodwill as of beginning of period $ 174,584 $ 120,902 $ 295,486 $ 174,584 $ 120,902 $ 295,486 Impairment losses — — — — — — Goodwill as of end of period $ 174,584 $ 120,902 $ 295,486 $ 174,584 $ 120,902 $ 295,486 We performed our annual goodwill impairment testing during the quarter ended March 31, 2015, evaluating the balances as of December 31, 2014. 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, 2014 was required, and we concluded that none of the goodwill allocated to any of our reporting units as of December 31, 2014 was impaired. No events have occurred since December 31, 2014 that would cause us to update this impairment testing. Identifiable intangible assets, net The following table sets forth our identifiable intangible asset balances by segment, net of accumulated amortization, and activity for the periods indicated: Segment Private client group Capital markets Asset management RJ Bank Total (in thousands) For the three months ended June 30, 2015 Net identifiable intangible assets as of beginning of period $ 8,333 $ 35,225 $ 10,330 $ 1,299 $ 55,187 Additions — — 5,873 (1) 191 6,064 Amortization expense (139 ) (1,374 ) (491 ) (86 ) (2,090 ) Impairment losses — — — — — Net identifiable intangible assets as of end of period $ 8,194 $ 33,851 $ 15,712 $ 1,404 $ 59,161 For the nine months ended June 30, 2015 Net identifiable intangible assets as of beginning of period $ 8,611 $ 37,975 $ 10,996 $ 1,193 $ 58,775 Additions — — 5,873 (1) 424 6,297 Amortization expense (417 ) (4,124 ) (1,157 ) (213 ) (5,911 ) Impairment losses — — — — — Net identifiable intangible assets as of end of period $ 8,194 $ 33,851 $ 15,712 $ 1,404 $ 59,161 For the three months ended June 30, 2014 Net identifiable intangible assets as of beginning of period $ 8,889 $ 40,724 $ 11,663 $ 1,084 $ 62,360 Additions — — — 91 91 Amortization expense (139 ) (1,375 ) (333 ) (55 ) (1,902 ) Impairment losses — — — — — Net identifiable intangible assets as of end of period $ 8,750 $ 39,349 $ 11,330 $ 1,120 $ 60,549 For the nine months ended June 30, 2014 Net identifiable intangible assets as of beginning of period $ 9,191 $ 43,474 $ 12,329 $ 984 $ 65,978 Additions — — — 280 280 Amortization expense (441 ) (4,125 ) (999 ) (144 ) (5,709 ) Impairment losses — — — — — Net identifiable intangible assets as of end of period $ 8,750 $ 39,349 $ 11,330 $ 1,120 $ 60,549 (1) The additions are directly attributable to the acquisition of identifiable intangible assets, primarily a customer relationship intangible asset, arising from our acquisition of Cougar (see Note 3 for additional information). The weighted-average useful life associated with the additions is 9.3 years. Identifiable intangible assets by type are presented below: June 30, 2015 September 30, 2014 Gross carrying value Accumulated amortization Gross carrying value Accumulated amortization (in thousands) Customer relationships $ 69,317 $ (16,327 ) $ 65,957 $ (13,875 ) Trade name — — 2,000 (2,000 ) Developed technology 11,000 (7,150 ) 11,000 (5,500 ) Intellectual property 563 (9 ) — — Non-compete agreements 433 (70 ) 1,000 (1,000 ) Mortgage servicing rights 1,917 (513 ) 1,493 (300 ) Total $ 83,230 $ (24,069 ) $ 81,450 $ (22,675 )

BANK DEPOSITS

BANK DEPOSITS	9 Months Ended
	Jun. 30, 2015
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: June 30, 2015 September 30, 2014 Balance Weighted-average rate (1) Balance Weighted-average rate (1) ($ in thousands) Bank deposits: NOW accounts $ 5,588 0.01 % $ 5,792 0.01 % Demand deposits (non-interest-bearing) 3,317 — 8,386 — Savings and money market accounts 10,654,853 0.02 % 9,670,043 0.02 % Certificates of deposit 346,858 1.67 % 344,703 1.81 % Total bank deposits (2) $ 11,010,616 0.07 % $ 10,028,924 0.09 % (1) Weighted-average rate calculation is based on the actual deposit balances at June 30, 2015 and September 30, 2014 , respectively. (2) Bank deposits exclude affiliate deposits of approximately $508 million and $509 million at June 30, 2015 and September 30, 2014 , respectively. These affiliate deposits include $501 million and $500 million , held in a deposit account on behalf of RJF as of June 30, 2015 and September 30, 2014 , respectively. 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: June 30, 2015 September 30, 2014 Denominations greater than or equal to $100,000 Denominations less than $100,000 Denominations greater than or equal to $100,000 Denominations less than $100,000 (in thousands) Three months or less $ 9,648 $ 12,642 $ 11,761 $ 9,482 Over three through six months 5,117 7,361 9,067 10,317 Over six through twelve months 19,313 14,340 15,809 21,002 Over one through two years 45,932 35,596 33,366 27,722 Over two through three years 10,775 7,061 45,842 33,529 Over three through four years 67,378 25,401 35,362 11,301 Over four through five years 59,191 27,103 55,556 24,587 Total $ 217,354 $ 129,504 $ 206,763 $ 137,940 Interest expense on deposits is summarized as follows: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Certificates of deposit $ 1,438 $ 1,535 $ 4,421 $ 4,591 Money market, savings and NOW accounts 639 445 1,883 1,273 Total interest expense on deposits $ 2,077 $ 1,980 $ 6,304 $ 5,864

OTHER BORROWINGS

OTHER BORROWINGS	9 Months Ended
	Jun. 30, 2015
Other Borrowings [Abstract]
OTHER BORROWINGS	OTHER BORROWINGS The following table details the components of other borrowings: June 30, 2015 September 30, 2014 (in thousands) Other borrowings: FHLB advances $ 550,000 (1) $ 500,000 (2) Borrowings on secured lines of credit (3) 128,800 154,700 (4) Borrowings on ClariVest revolving credit facility (5) 415 216 Borrowings on unsecured lines of credit (6) — — Total other borrowings $ 679,215 $ 654,916 (1) Borrowings from the FHLB as of June 30, 2015 are comprised of two floating-rate advances. One FHLB advance in the amount of $250 million , matures in September 2017 , and has an interest rate which resets monthly. RJ Bank has the option to prepay this advance on each interest reset date without penalty. The other FHLB advance, in the amount of $300 million , matures in March 2017 and has an interest rate which resets quarterly. We use interest rate swaps to manage the risk of increases in interest rates associated with this floating-rate advance by converting a portion of the variable interest rate to a fixed interest rate. Refer to Note 13 for information regarding these interest rate swaps which are accounted for as hedging instruments. Both of the FHLB advances are secured by a blanket lien granted to the FHLB on RJ Bank’s residential mortgage loan portfolio. The weighted average interest rate on these advances is 0.26% . (2) Borrowings from the FHLB as of September 30, 2014 are comprised of two $250 million floating-rate advances. The weighted average interest rate on these advances is 0.20% . These advances are secured by a blanket lien granted to the FHLB on RJ Bank’s residential mortgage 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. (3) Other than a $5 million borrowing outstanding on the Regions Credit Facility (as hereinafter defined) as of September 30, 2014 , any borrowings on secured lines of credit are day-to-day and are generally utilized to finance certain fixed income securities. (4) As of September 30, 2014 , a subsidiary of RJF was a party to a Revolving Credit Agreement (the “Regions Credit Facility”) with Regions Bank. The Regions Credit Facility provided for a revolving line of credit and was subject to a guarantee in favor of Regions Bank provided by RJF. On April 2, 2015 , the Regions Credit Facility expired, was not renewed, and the $5 million outstanding balance on the expiration date was paid to Regions Bank. (5) ClariVest Asset Management, LLC (“ClariVest”), a subsidiary of Eagle, is a party to a revolving line of credit provided by a third party lender (the “ClariVest Facility”). The maximum amount available to borrow under the 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 . (6) Any borrowings on unsecured lines of credit are day-to-day and are generally utilized for cash management purposes. There were other collateralized financings outstanding in the amount of $252 million and $244 million as of June 30, 2015 and September 30, 2014 , respectively. These other collateralized financings are included in securities sold under agreements to repurchase on the Condensed Consolidated Statements of Financial Condition. These financings are collateralized by non-customer, RJ&A-owned securities. See Note 14 for additional information regarding offsetting asset and liability balances as well as additional information regarding the collateral.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	9 Months Ended
	Jun. 30, 2015
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 on page 106 of our 2014 Form 10-K. 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, futures contracts and forward foreign exchange 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 either directly with financial institutions or trades cleared through an exchange (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 Condensed Consolidated Statements of Cash Flows. Either Raymond James Financial Products, Inc. or Morgan Keegan Capital Services, LLC (collectively the Raymond James matched book swap subsidiaries or “RJSS”) enter 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 Condensed Consolidated Statements of Financial Condition. The receivable for uncollected derivative transaction fee revenues of RJSS is $7 million as of both June 30, 2015 and September 30, 2014 , and is included in other receivables on our Condensed 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 We enter into derivatives contracts as part of RJ Bank’s business operations through its hedging activities, which include forward foreign exchange contracts and interest rate swaps. Each of these activities is described further below. A Canadian subsidiary of RJ Bank conducts operations directly related to RJ Bank’s Canadian dollar-denominated 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 Condensed Consolidated Statements of Cash Flows. The cash flows associated with certain assets held by RJ Bank provide interest income at fixed interest rates. Therefore, the value of these assets, absent any risk mitigation, is subject to fluctuation based upon changes in market rates of interest over time. In February 2015, we entered into certain interest rate swap contracts (the “RJ Bank Interest Hedges”) which swap variable interest payments on certain debt for fixed interest payments. Through the RJ Bank Interest Hedges, RJ Bank is able to mitigate a significant portion of the market risk associated with certain fixed interest earning assets held by RJ Bank. The RJ Bank Interest Hedges are recorded at fair value on the Condensed Consolidated Statements of Financial Condition and are designated as cash flow hedges. The effective portion of the related gain or loss is recorded, net of tax, in shareholders’ equity as part of the cash flow hedge component of AOCI and subsequently reclassified to earnings when the hedged transaction affects earnings, specifically upon the incurrence of interest expense on certain borrowings. The ineffective portions of the related gain and loss are immediately recognized into earnings in the Condensed Consolidated Statements of Income and Comprehensive Income. Hedge effectiveness is assessed at inception and each reporting period utilizing regression analysis and performed using the hypothetical derivative method. However, as the key terms of the hedging instrument and hedged transaction match at inception, management expects there to be no ineffectiveness impacting earnings from this hedge while it is outstanding. As a result of these derivative transactions being executed through a clearing exchange, the cash deposit associated with this transaction that we have provided to the exchange, is included as a component of deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. The fair value of RJ Bank Interest Hedges 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 a third party to corroborate the output of our internal pricing models. 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. 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 Condensed 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 14 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 $900 thousand as of June 30, 2015 and $21 million as of September 30, 2014 . 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 $9 million and $23 million at June 30, 2015 and September 30, 2014 , respectively. Our maximum loss exposure under the interest rate swap contracts arising from our OTC Derivatives Operations at June 30, 2015 is $34 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 June 30, 2015 , 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 June 30, 2015 September 30, 2014 Balance sheet location Notional amount Fair value (1) Balance sheet location Notional amount Fair value (1) (in thousands) Derivatives designated as hedging instruments: Forward foreign exchange contracts (2) Prepaid expenses and other assets $ 702,850 (6) $ 5,007 Prepaid expenses and other assets $ 682,100 (6) $ 2,101 Interest rate contracts (3) Prepaid expenses and other assets $ 200,000 $ 3,318 Prepaid expenses and other assets $ — $ — Derivatives not designated as hedging instruments: Interest rate contracts (4) Trading instruments $ 2,294,161 $ 103,302 Trading instruments $ 2,198,357 $ 89,923 Interest rate contracts (5) Derivative instruments associated with offsetting matched book positions $ 1,678,198 $ 327,826 Derivative instruments associated with offsetting matched book positions $ 1,796,288 $ 323,337 Forward foreign exchange contracts (4) Trading instruments $ 132,111 (6) $ 4,624 Trading instruments $ — $ — Forward foreign exchange contracts (2) Prepaid expenses and other assets $ 139,300 (6) $ 1,012 Prepaid expenses and other assets $ 117,800 (6) $ 361 Liability derivatives June 30, 2015 September 30, 2014 Balance sheet location Notional amount Fair value (1) Balance sheet location Notional amount Fair value (1) (in thousands) Derivatives not designated as hedging instruments: Interest rate contracts (4) Trading instruments sold $ 2,338,780 $ 90,023 Trading instruments sold $ 2,185,085 $ 75,668 Interest rate contracts (5) Derivative instruments associated with offsetting matched book positions $ 1,678,198 $ 327,826 Derivative instruments associated with offsetting matched book positions $ 1,796,288 $ 323,337 Forward foreign exchange contracts (4) Trading instruments sold $ 70,274 (6) $ 2,090 Trading instruments sold $ — $ — (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 Condensed Consolidated Statements of Financial Condition is presented net. See Note 14 for additional information regarding offsetting asset and liability balances. (2) These contracts are associated with RJ Bank’s activities to hedge its foreign currency exposure. (3) These contracts are associated with our RJ Bank Interest Hedges activities. (4) These contracts arise from our OTC Derivatives Operations. (5) These contracts arise from our Offsetting Matched Book Derivatives Operations. (6) The notional amount presented is denominated in Canadian currency. A loss of $5.4 million and a gain of $38.2 million were recognized on forward foreign exchange derivatives in AOCI, net of income taxes, for the three and nine months ended June 30, 2015 , respectively (see Note 17 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 the three and nine months ended June 30, 2015 . A loss of $14.7 million and a gain of $11.3 million were recognized on forward foreign exchange derivatives in AOCI, net of income taxes, for the three and nine months ended June 30, 2014 , respectively (see Note 17 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 the three and nine months ended June 30, 2014 . Gains recognized on the RJ Bank Interest Hedges in AOCI, net of income taxes, totaled $2.1 million and $3.6 million for the three and nine months ended June 30, 2015 , respectively (see Note 17 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 the three and nine months ended June 30, 2015 . RJ Bank expects to reclassify an estimated $3.3 million as additional interest expense out of AOCI and into earnings within the next 12 months . The maximum length of time over which forecasted transactions are or will be hedged is ten years . The table below sets forth the impact of the derivatives not designated as hedging instruments on the Condensed Consolidated Statements of Income and Comprehensive Income: Location of gain (loss) recognized on derivatives in the Condensed Consolidated Statements of Income and Comprehensive Income Amount of gain (loss) on derivatives recognized in income Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Derivatives not designated as hedging instruments: Interest rate contracts and forward foreign exchange contracts (1) Net trading profit $ 250 $ 200 $ 2,530 $ 779 Interest rate contracts (2) Other revenues $ 143 $ 19 $ 209 $ 690 Forward foreign exchange contracts (3) Other revenues $ (1,420 ) $ (4,093 ) $ 10,885 $ 718 (1) These contracts arise from our OTC Derivatives Operations. (2) These contracts arise from our Offsetting Matched Book Derivatives Operations. (3) These contracts are associated with RJ Bank’s activities to hedge its foreign currency exposure. 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, futures contracts and interest rate contracts associated with our OTC Derivatives Operations that are not cleared through an exchange. 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 that are not cleared through an exchange, 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 required to maintain cash or marketable security deposits with the exchange we utilize to clear our OTC Derivatives transactions that are cleared through such exchanges. These deposits are a component of deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. We are exposed to interest rate risk related to the interest rate derivative agreements arising from certain of our OTC Derivatives Operations and RJ Bank Interest Hedges. We are also exposed to foreign exchange risk related to our futures contracts and forward foreign exchange derivative agreements. We monitor exposure in our derivative agreements which we have risk 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 June 30, 2015 is $23.7 million , for which we have posted collateral of $20.9 million in the normal course of business. If the credit-risk-related contingent features underlying these agreements were triggered on June 30, 2015 , we would have been required to post an additional $2.8 million of 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 ASSETS

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL, ENCUMBERED ASSETS, AND REPURCHASE AGREEMENTS	9 Months Ended
	Jun. 30, 2015
Disclosure of Offsetting Assets and Liabilities, Collateral, Encumbered Assets and Repurchase Agreements [Abstract]
DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL, ENCUMBERED ASSETS, AND REPURCHASE AGREEMENTS	DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL, ENCUMBERED ASSETS AND REPURCHASE AGREEMENTS 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 Statement of Financial Condition Gross amounts of recognized assets (liabilities) Gross amounts offset in the Statement of Financial Condition Net amounts presented in the Statement of Financial Condition Financial instruments Cash (received) paid Net amount (in thousands) As of June 30, 2015: Assets Securities purchased under agreements to resell and other collateralized financings $ 416,516 $ — $ 416,516 $ (416,516 ) (1) $ — $ — Derivatives - interest rate contracts (2) 103,302 (74,154 ) 29,148 (9,290 ) — 19,858 Derivative instruments associated with offsetting matched book positions 327,826 — 327,826 (327,826 ) (3) — — Derivatives - forward foreign exchange contracts (4) 6,019 — 6,019 — — 6,019 Derivatives - forward foreign exchange contracts (5) 4,624 — 4,624 — — 4,624 Derivatives - RJ Bank Interest Hedges (6) 3,318 — 3,318 — — 3,318 Stock borrowed 136,428 — 136,428 (130,307 ) — 6,121 Total assets $ 998,033 $ (74,154 ) $ 923,879 $ (883,939 ) $ — $ 39,940 Liabilities Securities sold under agreements to repurchase $ (251,769 ) $ — $ (251,769 ) $ 251,769 (7) $ — $ — Derivatives - interest rate contracts (2) (90,023 ) 65,539 (24,484 ) 3,500 (8) 10,474 (8) (10,510 ) Derivative instruments associated with offsetting matched book positions (327,826 ) — (327,826 ) 327,826 (3) — — Derivatives - forward foreign exchange contracts (5) (2,090 ) — (2,090 ) — — (2,090 ) Stock loaned (408,733 ) — (408,733 ) 398,737 — (9,996 ) Total liabilities $ (1,080,441 ) $ 65,539 $ (1,014,902 ) $ 981,832 $ 10,474 $ (22,596 ) 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 (7) $ — $ — Derivatives - interest rate contracts (2) (75,668 ) 63,296 (12,372 ) 3,502 (8) 4,620 (8) (4,250 ) 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 ) $ 973,514 $ 4,620 $ (19,453 ) 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 $436.2 million and $463.7 million as of June 30, 2015 and September 30, 2014 , respectively. (2) Derivatives - interest rate contracts are included in Trading instruments on our Condensed Consolidated Statements of Financial Condition. See Note 13 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 13 for further discussion of the “pass through” structure of the derivative instruments associated with Offsetting Matched Book Derivatives Operations. (4) As of June 30, 2015 and 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 Condensed Consolidated Statements of Financial Condition. See Note 13 for additional information. (5) See Note 13 for additional information on our forward foreign exchange contract derivatives associated with our OTC Derivatives Operations. (6) Derivatives - RJ Bank Interest Hedges are included in prepaid expenses and other assets on our Condensed Consolidated Statements of Financial Condition. See Note 13 for additional information. The RJ Bank Interest Hedges are transacted through an exchange. The nature of the agreement with the clearing member exchange includes terms that are similar to a master netting agreement, thus we are over-collateralized since the actual amount of cash deposited with the exchange for these RJ Bank Interest Hedges amounts to $3.4 million as of June 30, 2015 . These deposits are included in deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. (7) We are over-collateralized since the actual amount of financial instruments pledged as collateral for securities sold under agreements to repurchase amounts to $259.4 million and $253.7 million as of June 30, 2015 and September 30, 2014 , respectively. (8) For the portion of these derivative contracts that are transacted through an exchange, the nature of the agreement with the clearing member exchange include terms that are similar to a master netting agreement, thus we present offsetting deposits paid to the exchange associated with these contracts. These deposits are a component of deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. See Note 13 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 including those transacted through an exchange 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 transacted through an exchange, are governed by 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 Condensed Consolidated Statements of Financial Condition, these transactions are included in the preceding table. Collateral and deposits with clearing organizations We receive cash and securities as collateral, primarily in connection with Reverse Repurchase Agreements, securities borrowed, derivative transactions not transacted through an exchange, client margin loans arising from our domestic operations, 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 13 for additional information). The collateral we receive reduces our credit exposure to individual counterparties. We also pay cash to the exchange, or receive cash from the exchange, related to derivative contracts transacted through an exchange. We account for such cash as a component of deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. 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 Condensed 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: June 30, 2015 September 30, 2014 (in thousands) Collateral we received that is available to be delivered or repledged $ 2,222,349 $ 2,178,868 Collateral that we delivered or repledged 970,383 (1) 879,071 (2) (1) The collateral delivered or repledged as of June 30, 2015 , includes client margin securities which we pledged with a clearing organization in the amount of $207.1 million which were applied against our requirement of $135.5 million . (2) 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 . 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: June 30, 2015 September 30, 2014 (in thousands) Financial instruments owned, at fair value, pledged to counterparties that: Had the right to deliver or repledge $ 413,384 $ 394,746 Did not have the right to deliver or repledge 19,681 (1) 50,983 (2) (1) Assets delivered or repledged as of June 30, 2015 , includes securities which we pledged with a clearing organization in the amount of $24.4 million which were applied against our requirement of $135.5 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, 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). Repurchase agreements, repurchase-to-maturity transactions and securities lending transactions accounted for as secured borrowings We sell securities under agreements to repurchase (“Repurchase Agreements”) and engage in securities lending transactions. These activities are accounted for as collateralized financings. Our Repurchase Agreements would include “repurchase-to-maturity” agreements, which are repurchase agreements where a security is transferred under an agreement to repurchase and the maturity date of the repurchase agreement matches the maturity date of the underlying security, if any, that we are a party to as of period-end. As of June 30, 2015 , we did not have any “repurchase-to-maturity” agreements. See Note 2 on pages 102 and 108, respectively, of our 2014 Form 10-K for a discussion of our respective Repurchase Agreement and securities lending accounting policies. The following table presents the remaining contractual maturity of securities under agreement to repurchase and securities lending transactions accounted for as secured borrowings: As of June 30, 2015: Overnight and continuous Up to 30 days 30-90 days Greater than 90 days Total (in thousands) Repurchase agreements Government and agency obligations $ 153,489 $ 5,201 $ — $ — $ 158,690 Agency MBS and CMOs 90,279 2,800 — — 93,079 Total Repurchase Agreements $ 243,768 $ 8,001 $ — $ — $ 251,769 Securities lending Corporate obligations 14,562 — — — 14,562 Equity securities 394,171 — — — 394,171 Total securities lending $ 408,733 $ — $ — $ — $ 408,733 Total $ 652,501 $ 8,001 $ — $ — $ 660,502 Gross amounts of recognized liabilities for repurchase agreements and securities lending transactions included in the Offsetting Assets and Liabilities table included within this footnote $ 660,502 Amounts related to repurchase agreements and securities lending transactions not included in the Offsetting Assets and Liabilities table included within this footnote $ — We enter into Repurchase Agreements and conduct securities lending activities as components of the financing of certain of our operating activities. In the event the market value of the securities we pledge as collateral in these activities declines, we may have to post additional collateral or reduce the borrowing amounts. We monitor such levels daily.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES For discussion of income tax accounting policies and other income tax related information, see Note 2 on page 115, and Note 20 on pages 163 - 166, of our 2014 Form 10-K. For the three months ended June 30, 2015 , our effective income tax rate is 36.0% , which approximates the 35.8% effective tax rate for fiscal year 2014. For the nine months ended June 30, 2015 , our effective income tax rate is 36.9% , which is higher than the 35.8% effective tax rate for fiscal year 2014. The primary factor for the increase in the current year-to-date effective tax rate compared to the prior fiscal year tax rate is that the fiscal year 2014 effective tax rate was favorably impacted by the recognition of prior year state tax refunds, a benefit that is not expected to recur in fiscal year 2015. As of June 30, 2015 , we have not experienced significant changes in our unrecognized tax benefits balances from September 30, 2014 .

COMMITMENTS, CONTINGENCIES AND

COMMITMENTS, CONTINGENCIES AND GUARANTEES	9 Months Ended
	Jun. 30, 2015
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 June 30, 2015 , RJ&A had one open equity underwriting commitment, and nine open fixed income (public finance) underwriting commitments, all of which were subsequently settled in open market transactions at amounts which approximated the carrying value of these commitments in our Condensed Consolidated Statements of Financial Condition as of June 30, 2015 . RJ Ltd. had six equity underwriting commitments that were recorded on the Condensed Consolidated Statements of Financial Condition at June 30, 2015 in the approximate amount of $19.8 million in Canadian currency (“CDN”) and that remained open as of such date. 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 on pages 107 - 108 of our 2014 Form 10-K 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 June 30, 2015 , we had made commitments, to either prospects that had accepted our offer, or recently recruited producers, of approximately $59.1 million that had not yet been funded. As of June 30, 2015 , RJ Bank had not settled purchases of $224.2 million in syndicated loans. These loan purchases are expected to be settled within 90 days . A subsidiary of RJ Bank has committed $61.6 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 on page 117 of our 2014 Form 10-K for information regarding the accounting policies governing these investments). As of June 30, 2015 , the RJ Bank subsidiary has invested $22 million of the committed amount. RJ Bank has a committed limited partner investment of $3 million to a limited partnership, $1.8 million of this committed amount has been invested as of June 30, 2015 . 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 21 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 entered into an agreement to acquire Producer’s Choice. See Note 3 for additional information on this acquisition. We have unfunded commitments to various venture capital or private equity partnerships, which aggregate to approximately $55 million as of June 30, 2015 . 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 $250 million upon request, subject to certain limitations and to annual review and renewal. At June 30, 2015 , RJTCF has $72.7 million in outstanding cash borrowings and $84.7 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. 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 on page 104 of our 2014 Form 10-K). At June 30, 2015 , RJ&A had approximately $723 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 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 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 June 30, 2015 aggregate to a net asset having a fair value of $2.5 million . The estimated fair value of the purchase commitment is a $1.7 million liability balance as of June 30, 2015 . 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 20 for additional information regarding regulatory capital requirements applicable to RJF and certain of its broker-dealer 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 June 30, 2015 , the exposure under these guarantees is $ 5.8 million , which was underwritten as part of RJ Bank’s corporate credit relationship with such borrowers. The outstanding interest rate swaps at June 30, 2015 have maturities ranging from September 2015 through December 2026 . RJ Bank records an estimated reserve for its credit risk associated with the guarantee of these client swaps, which was insignificant as of June 30, 2015 . The estimated total potential exposure under these guarantees is $ 27.1 million at June 30, 2015 . RJ Bank guarantees the forward foreign exchange contract obligations of its U.S. subsidiaries. See Note 13 for additional information regarding these derivatives. RJF guarantees interest rate swap obligations of RJ Cap Services. See Note 13 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 June 30, 2015 , 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 guarantees the existing mortgage debt of RJ&A of approximately $ 38.8 million . 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 thousand per client, with a limitation of $250 thousand 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 June 30, 2015 . 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 seven years , RJTCF is obligated to pay the investor an amount that results in the investor achieving a minimum specified return on their investment. A $ 24.5 million financing asset is included in prepaid expenses and other assets, and a related $ 24.5 million liability is included in trade and other payables on our Condensed Consolidated Statements of Financial Condition as of June 30, 2015 related to this obligation. The maximum exposure to loss under this guarantee is approximately $ 29.3 million at June 30, 2015 , which represents the undiscounted future payments due the investor. Legal matter contingencies Indemnification from Regions 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”). 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 that are received prior to April 2, 2015, as well as any cost of defense pertaining thereto (see Note 3 on pages 118 - 119 of our 2014 Form 10-K 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 $39 million to $195 million . Any loss arising from such matters, after consideration of the applicable annual deductible, if any, will be borne by Regions. As of June 30, 2015 , a receivable from Regions of approximately $300 thousand is included in other receivables, an indemnification asset of approximately $146 million is included in other assets, and a liability for potential losses of approximately $144 million is included within trade and other payables, all of which are reflected on our Condensed 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 on pages 118 - 119 of our 2014 Form 10-K). 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 SEC and 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 brought by the Missouri Secretary of State in April 2013, seeking monetary penalties and other relief, was dismissed and refiled in November 2013 . A civil action was brought by institutional investors of the bonds in March 2012, seeking a return of their investment and unspecified compensatory and punitive damages. Trial of this case is currently set for November 2015 in the Circuit Court for Cole County, Missouri. A class action was brought on behalf of retail purchasers of the bonds in September 2012, seeking unspecified compensatory and punitive damages. In September 2014, the District Court for the Western District of Missouri granted class certification. The matter was resolved and the settlement approved by the District Court in January 2015. Other individual investors and investor groups have also filed arbitration claims or separate civil claims, which are pending in various stages and several have been resolved. 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 regulatory investigations and other corporate litigation. We are contesting the allegations in these matters and believe that there are meritorious defenses in each. 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 on page 114 of our 2014 Form 10-K 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 June 30, 2015 , management currently estimates the aggregate range of possible loss is from $0 to an amount of up to $10 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 condensed 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.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME	9 Months Ended
	Jun. 30, 2015
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME	ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME Accumulated other comprehensive income (loss) The following table presents the after-tax changes in each component of accumulated other comprehensive income (loss) for the three and nine months ended June 30, 2015 and 2014 : Unrealized gains on available for sale securities Net currency translations and net investment hedges (1) Cash flow hedges (2) Total (in thousands) Three months ended June 30, 2015 Accumulated other comprehensive income (loss) as of the beginning of the period $ 7,058 $ (28,352 ) $ (1,501 ) $ (22,795 ) Other comprehensive (loss) income before reclassifications and taxes (325 ) (1,511 ) 4,875 3,039 Amounts reclassified from accumulated other comprehensive (loss) income, before tax (8,432 ) — 914 (7,518 ) Pre-tax net other comprehensive (loss) income (8,757 ) (1,511 ) 5,789 (4,479 ) Income tax effect 3,376 2,806 (2,200 ) 3,982 Net other comprehensive (loss) income for the period, net of tax (5,381 ) 1,295 3,589 (497 ) Accumulated other comprehensive income (loss) as of June 30, 2015 $ 1,677 $ (27,057 ) $ 2,088 $ (23,292 ) Nine months ended June 30, 2015 Accumulated other comprehensive income (loss) as of the beginning of the period $ 4,745 $ (6,633 ) $ — $ (1,888 ) Other comprehensive income (loss) before reclassifications and taxes 3,420 (778 ) 2,394 5,036 Amounts reclassified from accumulated other comprehensive (loss) income, before tax (8,434 ) — 974 (7,460 ) Pre-tax net other comprehensive (loss) income (5,014 ) (778 ) 3,368 (2,424 ) Income tax effect 1,946 (19,646 ) (1,280 ) (18,980 ) Net other comprehensive (loss) income for the period, net of tax (3,068 ) (20,424 ) 2,088 (21,404 ) Accumulated other comprehensive income (loss) as of June 30, 2015 $ 1,677 $ (27,057 ) $ 2,088 $ (23,292 ) Three months ended June 30, 2014 Accumulated other comprehensive income (loss) as of the beginning of the period $ 3,300 $ (4,534 ) $ — $ (1,234 ) Other comprehensive income (loss) before reclassifications and taxes 4,174 (1,971 ) — 2,203 Amounts reclassified from accumulated other comprehensive loss, before tax (535 ) — — (535 ) Pre-tax net other comprehensive income (loss) 3,639 (1,971 ) — 1,668 Income tax effect (1,393 ) 7,877 — 6,484 Net other comprehensive income for the period, net of tax 2,246 5,906 — 8,152 Accumulated other comprehensive income as of June 30, 2014 $ 5,546 $ 1,372 $ — $ 6,918 Nine months ended June 30, 2014 Accumulated other comprehensive (loss) income as of the beginning of the period $ (1,276 ) $ 12,002 $ — $ 10,726 Other comprehensive income (loss) before reclassifications and taxes 15,301 (4,869 ) — 10,432 Amounts reclassified from accumulated other comprehensive loss, before tax (4,266 ) — — (4,266 ) Pre-tax net other comprehensive income (loss) 11,035 (4,869 ) — 6,166 Income tax effect (4,213 ) (5,761 ) — (9,974 ) Net other comprehensive income (loss) for the period, net of tax 6,822 (10,630 ) — (3,808 ) Accumulated other comprehensive income as of June 30, 2014 $ 5,546 $ 1,372 $ — $ 6,918 (1) Includes net gains (losses) 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 13 for additional information on these derivatives). (2) Represents the RJ Bank Interest Hedges (see Note 13 for additional information on these derivatives). Reclassifications out of accumulated other comprehensive income The following table presents the income statement line items impacted by reclassifications out of accumulated other comprehensive income (loss), and the related tax effects, for the periods indicated: Accumulated other comprehensive income (loss) components: Increase (decrease) in amounts reclassified from accumulated other comprehensive income (loss) Affected line items in income statement (in thousands) Three months ended June 30, 2015 Available for sale securities: (1) Auction rate securities (2) $ (8,974 ) Other revenue RJ Bank available for sale securities 542 Other revenue RJ Bank Interest Hedges (3) 914 Interest expense (7,518 ) Total before tax Income tax effect 2,903 Provision for income taxes Total reclassifications for the period $ (4,615 ) Net of tax Nine months ended June 30, 2015 Available for sale securities: (1) Auction rate securities (2) $ (8,976 ) Other revenue RJ Bank available for sale securities 542 Other revenue RJ Bank Interest Hedges (3) 974 Interest expense (7,460 ) Total before tax Income tax effect 2,881 Provision for income taxes Total reclassifications for the period $ (4,579 ) Net of tax Three months ended June 30, 2014 Available for sale securities: (1) Auction rate securities (2) $ (273 ) Other revenue RJ Bank available for sale securities (262 ) Other revenue (535 ) Total before tax Income tax effect 204 Provision for income taxes Total reclassifications for the period $ (331 ) Net of tax Nine months ended June 30, 2014 Available for sale securities: (1) Auction rate securities (2) $ (4,031 ) Other revenue RJ Bank available for sale securities (235 ) Other revenue (4,266 ) Total before tax Income tax effect 1,641 Provision for income taxes Total reclassifications for the period $ (2,625 ) 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) Other revenues in our Condensed Consolidated Statements of Income and Comprehensive Income include realized gains on the sale of ARS (see Note 7 for further information). The amounts presented in the table represent the reversal out of AOCI associated with such ARS’ 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 income (“OCI”) for each respective period, on a pre-tax basis. (3) See Note 13 for additional information regarding the RJ Bank Interest Hedges, and Note 5 for additional fair value information regarding these derivatives. All of the components of other comprehensive income (loss) described above, net of tax, are attributable to RJF.

INTEREST INCOME AND INTEREST EX

INTEREST INCOME AND INTEREST EXPENSE	9 Months Ended
	Jun. 30, 2015
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: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Interest income: Margin balances $ 16,755 $ 16,894 $ 50,268 $ 51,309 Assets segregated pursuant to regulations and other segregated assets 3,350 3,666 10,139 11,854 Bank loans, net of unearned income 103,017 86,231 299,829 251,079 Available for sale securities 1,234 1,598 3,830 5,176 Trading instruments 4,636 4,750 14,061 13,893 Stock loan 2,910 2,200 10,120 6,882 Loans to financial advisors 1,774 1,528 5,211 4,831 Corporate cash and all other 3,471 2,524 10,211 9,853 Total interest income $ 137,147 $ 119,391 $ 403,669 $ 354,877 Interest expense: Brokerage client liabilities $ 213 $ 273 $ 737 $ 990 Retail bank deposits 2,077 1,980 6,304 5,864 Trading instruments sold but not yet purchased 1,158 1,075 3,376 3,198 Stock borrow 1,082 900 4,495 2,206 Borrowed funds 1,983 1,128 4,171 2,976 Senior notes 19,010 19,010 57,029 57,030 Interest expense of consolidated VIEs 404 653 1,470 2,237 Other 1,797 2,033 4,372 3,903 Total interest expense 27,724 27,052 81,954 78,404 Net interest income 109,423 92,339 321,715 276,473 Add (subtract): benefit (provision) for loan losses 3,009 (4,467 ) (10,293 ) (8,082 ) Net interest income after benefit (provision) for loan losses $ 112,432 $ 87,872 $ 311,422 $ 268,391

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	9 Months Ended
	Jun. 30, 2015
Share-based Compensation [Abstract]
SHARE-BASED COMPENSATION	SHARE-BASED COMPENSATION We maintain 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. In our 2014 Form 10-K, our share-based compensation accounting policies are described in Note 2 on page 114. Other information relating to our employee and Board of Director share-based awards are outlined in our 2014 Form 10-K in Note 24, on pages 172 – 176, while Note 25 on pages 176 – 178 discusses our non-employee share-based awards. For purposes of this report, we have combined our presentation of both our employee and Board of Director share-based awards with our non-employee share-based awards. Stock option awards Expense and income tax benefits related to our stock options awards granted to employees, members of our Board of Directors and independent contractor financial advisors are presented below: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Total share-based expense $ 3,298 $ 1,739 $ 8,986 $ 8,600 Income tax benefit (reduction of prior benefit) related to share-based expense 507 (50 ) 1,133 1,228 For the nine months ended June 30, 2015 , we reduced the cumulative excess tax benefit realized in prior years related to our stock option awards by $100 thousand . During the three months ended June 30, 2015 , we granted 6,729 stock options to employees and no stock options were granted to our independent contractor financial advisors. During the nine months ended June 30, 2015 , we granted 1,100,008 stock options to employees and 39,200 stock options were granted to our independent contractor financial advisors. During the three and nine months ended June 30, 2015 , no stock options were granted to outside directors. Unrecognized pre-tax expense for stock option awards granted to employees, members of our Board of Directors, and independent contractor financial advisors, net of estimated forfeitures, and the remaining period over which the expense will be recognized as of June 30, 2015 , are presented below: Unrecognized pre-tax expense Remaining weighted- average amortization period (in thousands) (in years) Employees and members of our Board of Directors $ 26,763 3.4 Independent contractor financial advisors 1,973 3.2 The weighted-average grant-date fair value of stock option awards to employees and members of our Board of Directors for the three and nine months ended June 30, 2015 was $15.00 and $14.20 , respectively. The fair value of each option awarded to our independent contractor financial advisors is estimated on the date of grant and periodically revalued using the Black-Scholes option pricing model. The weighted-average fair value for unvested stock options granted to independent contractor financial advisors as of June 30, 2015 was $25.83 . Restricted stock and restricted stock unit awards Expense and income tax benefits related to our restricted equity awards (which include restricted stock and restricted stock units) granted to employees, members of our Board of Directors, and independent contractor financial advisors are presented below: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Total share-based expense $ 12,691 $ 11,909 $ 45,846 $ 40,966 Income tax benefit related to share-based expense 4,434 4,123 16,334 14,343 For the nine months ended June 30, 2015 , we reduced the cumulative excess tax benefit realized in prior years related to our restricted equity awards by $1.3 million . During the three and nine months ended June 30, 2015 , we granted 42,953 and 1,171,924 , respectively, restricted stock units to employees. During the three months ended June 30, 2015 , we did not grant any restricted stock units to outside members of our Board of Directors. During the nine months ended June 30, 2015 we granted 16,656 restricted stock units to outside members of our Board of Directors. We did not grant any restricted stock units to our independent contractor financial advisors during either the three or the nine months ended June 30, 2015. Unrecognized pre-tax expense for restricted equity awards granted to employees, members of our Board of Directors and independent contractor financial advisors, net of estimated forfeitures, and the remaining period over which the expense will be recognized as of June 30, 2015 , are presented below: Unrecognized pre-tax expense Remaining weighted- average amortization period (in thousands) (in years) Employees and members of our Board of Directors $ 98,170 2.9 Independent contractor financial advisors 49 1.2 The weighted-average grant-date fair value of restricted stock unit awards granted to employees and outside members of our Board of Directors for the three and nine months ended June 30, 2015 were $58.33 and $56.23 , respectively. The fair value of each restricted equity award to our independent contractor financial advisors is computed on the date of grant and periodically revalued at the current stock price. The fair value for unvested restricted equity awards granted to independent contractor financial advisors as of June 30, 2015 was $61.04 per unit.

REGULATIONS AND CAPITAL REQUIRE

REGULATIONS AND CAPITAL REQUIREMENTS	9 Months Ended
	Jun. 30, 2015
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 regulatory 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. Effective January 1, 2015, RJF and RJ Bank became subject to Basel III. Under the Basel III rules, the quantity and quality of regulatory capital increases, a capital conservation buffer was established, selected changes were made to the calculation of risk-weighted assets, and a new ratio, common equity Tier 1 was introduced, all of which are applicable to both RJF and RJ Bank. RJF and RJ Bank report regulatory capital under Basel III under the standardized approach. Various aspects of Basel III will be subject to multi-year transition periods through December 31, 2018. Prior to January 1, 2015, RJF and RJ Bank were subject to the capital requirements of Basel 2.5 and Basel I, respectively. 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), Tier 1 capital to average assets (as defined), and under rules defined in Basel III, Common equity Tier 1 capital to risk-weighted assets. RJF and RJ Bank each calculate these ratios in order to assess compliance with both regulatory requirements and their internal capital policies. Effective January 1, 2016, RJF and RJ Bank will be required to report their capital conservation buffers. Capital levels are 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. For further discussion of the various regulations and capital requirements applicable to certain of our businesses and subsidiaries, see Note 26 on pages 178 - 181 of our 2014 Form 10-K. To meet requirements for capital adequacy purposes or to be categorized as “well capitalized,” RJF must maintain minimum Common equity tier 1, Tier 1 risk-based, Total risk-based, and Tier 1 leverage amounts and ratios as set forth in the table below. Actual Requirement for capital adequacy purposes To be well capitalized under prompt corrective action provisions Amount Ratio Amount Ratio Amount Ratio ($ in thousands) RJF as of June 30, 2015: (computed in accordance with Basel III) Common equity tier 1 capital $ 4,065,998 21.3 % $ 859,635 4.5 % $ 1,241,696 6.5 % Tier 1 capital 4,065,998 21.3 % 1,146,181 6.0 % 1,528,241 8.0 % Total capital 4,244,781 22.2 % 1,528,241 8.0 % 1,910,301 10.0 % Tier 1 leverage 4,065,998 16.7 % 972,688 4.0 % 1,215,859 5.0 % RJF as of September 30, 2014: (computed in accordance with Basel 2.5) Tier 1 capital $ 3,775,385 19.7 % $ 765,589 4.0 % $ 1,148,384 6.0 % Total capital 3,940,516 20.6 % 1,531,178 8.0 % 1,913,973 10.0 % Tier 1 leverage 3,775,385 16.4 % 919,546 4.0 % 1,149,433 5.0 % The increase in RJF’s Total capital and Tier 1 capital ratios at June 30, 2015 compared to September 30, 2014 was primarily the result of our increase in earnings during the nine month period ended June 30, 2015 and the implementation of the Basel III rules in relation to RJ Bank’s SBL portfolio, which resulted in the reduced risk-weighting of the majority of these loans secured by marketable securities. To meet the requirements for capital adequacy or to be categorized as “well capitalized,” RJ Bank must maintain minimum Common equity Tier 1, tier 1 risk-based, Total risk-based, and Tier 1 leverage amounts and ratios as set forth in the table below. Actual Requirement for capital adequacy purposes To be well capitalized under prompt corrective action provisions Amount Ratio Amount Ratio Amount Ratio ($ in thousands) RJ Bank as of June 30, 2015: (computed in accordance with Basel III) Common equity tier I capital $ 1,487,606 13.6 % $ 493,421 4.5 % $ 712,720 6.5 % Tier 1 capital 1,487,606 13.6 % 657,895 6.0 % 877,193 8.0 % Total capital 1,625,138 14.8 % 877,193 8.0 % 1,096,492 10.0 % Tier 1 leverage 1,487,606 11.1 % 538,271 4.0 % 672,839 5.0 % RJ Bank as of September 30, 2014: (computed in accordance with Basel I) Tier 1 capital $ 1,314,374 11.2 % $ 467,926 4.0 % $ 701,889 6.0 % Total capital 1,460,895 12.5 % 935,852 8.0 % 1,169,815 10.0 % Tier 1 leverage 1,314,374 10.7 % 492,186 4.0 % 615,232 5.0 % The increase in RJ Bank’s Total and Tier 1 capital ratios at June 30, 2015 compared to September 30, 2014 was primarily due to the implementation of the Basel III rules in relation to RJ Bank’s SBL portfolio, which resulted in the reduced risk-weighting of the majority of these loans secured by marketable securities. 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. The net capital position of our wholly owned broker-dealer subsidiary RJ&A is as follows: As of June 30, 2015 September 30, 2014 ($ in thousands) Raymond James & Associates, Inc.: (Alternative Method elected) Net capital as a percent of aggregate debit items 23.21 % 24.14 % Net capital $ 446,914 $ 442,866 Less: required net capital (38,510 ) (36,694 ) Excess net capital $ 408,404 $ 406,172 The net capital position of our wholly owned broker-dealer subsidiary RJFS is as follows: As of June 30, 2015 September 30, 2014 (in thousands) Raymond James Financial Services, Inc.: (Alternative Method elected) Net capital $ 26,294 $ 23,748 Less: required net capital (250 ) (250 ) Excess net capital $ 26,044 $ 23,498 The risk adjusted capital of RJ Ltd. is as follows (in Canadian dollars): As of June 30, 2015 September 30, 2014 (in thousands) Raymond James Ltd.: Risk adjusted capital before minimum $ 107,675 $ 107,645 Less: required minimum capital (250 ) (250 ) Risk adjusted capital $ 107,425 $ 107,395 At June 30, 2015 , all of our other active regulated domestic and international subsidiaries are in compliance with and met all capital requirements.

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	9 Months Ended
	Jun. 30, 2015
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK For a discussion of our financial instruments with off-balance-sheet risk, see Note 27 on pages 181 - 182 of our 2014 Form 10-K. 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 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: June 30, 2015 (in thousands) Standby letters of credit $ 73,034 Open-end consumer lines of credit (primarily SBL) 2,311,018 Commercial lines of credit 1,468,284 Unfunded loan commitments 327,652 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 8 for further discussion of this reserve for unfunded lending commitments. 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 June 30, 2015 , forward contracts outstanding to buy and sell U.S. dollars totaled CDN $4.2 million and CDN $7.4 million , respectively. RJ Bank is also subject to foreign exchange risk related to its net investment in a Canadian subsidiary. See Note 13 for information regarding how RJ Bank utilizes net investment hedges to mitigate a significant portion of this risk. As a part of our fixed income public finance operations, RJ&A enters into forward commitments to purchase GNMA or FNMA MBS. See Note 16 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	9 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The following table presents the computation of basic and diluted earnings per share: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands, except per share amounts) Income for basic earnings per common share: Net income attributable to RJF $ 133,195 $ 122,689 $ 372,954 $ 343,882 Less allocation of earnings and dividends to participating securities (1) (410 ) (710 ) (1,235 ) (2,250 ) Net income attributable to RJF common shareholders $ 132,785 $ 121,979 $ 371,719 $ 341,632 Income for diluted earnings per common share: Net income attributable to RJF $ 133,195 $ 122,689 $ 372,954 $ 343,882 Less allocation of earnings and dividends to participating securities (1) (403 ) (696 ) (1,211 ) (2,206 ) Net income attributable to RJF common shareholders $ 132,792 $ 121,993 $ 371,743 $ 341,676 Common shares: Average common shares in basic computation 143,252 140,270 142,303 139,747 Dilutive effect of outstanding stock options and certain restricted stock units 3,241 3,715 3,567 3,565 Average common shares used in diluted computation 146,493 143,985 145,870 143,312 Earnings per common share: Basic $ 0.93 $ 0.87 $ 2.61 $ 2.44 Diluted $ 0.91 $ 0.85 $ 2.55 $ 2.38 Stock options and certain restricted stock units excluded from weighted-average diluted common shares because their effect would be antidilutive 1,900 233 2,945 392 (1) Represents dividends paid during the period 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 449 thousand and 819 thousand for the three months ended June 30, 2015 and 2014 , respectively. Participating securities amounted to weighted-average shares of 478 thousand and 924 thousand for the nine months ended June 30, 2015 and 2014 , respectively. Dividends paid to participating securities amounted to $100 thousand for both the three months ended June 30, 2015 and 2014 . Dividends paid to participating securities amounted to $200 thousand and $400 thousand for the nine months ended June 30, 2015 and 2014 , 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: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 Dividends per common share - declared $ 0.18 $ 0.16 $ 0.54 $ 0.48 Dividends per common share - paid $ 0.18 $ 0.16 $ 0.52 $ 0.46

SEGMENT ANALYSIS

SEGMENT ANALYSIS	9 Months Ended
	Jun. 30, 2015
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 our “Other” segment, which includes our principal capital and private equity activities as well as various corporate overhead costs of RJF including the interest cost on our public debt. The business segments are 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. For a further discussion of our business segments, see Note 29 on pages 183 - 186 of our 2014 Form 10-K. Information concerning operations in these segments of business is as follows: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Revenues: Private Client Group $ 894,727 $ 822,741 $ 2,617,604 $ 2,423,071 Capital Markets 237,680 237,708 711,775 704,374 Asset Management 98,899 91,222 292,551 274,772 RJ Bank 107,244 93,740 315,590 264,770 Other 28,890 12,984 56,462 37,055 Intersegment eliminations (18,727 ) (17,112 ) (52,801 ) (49,360 ) Total revenues (1) $ 1,348,713 $ 1,241,283 $ 3,941,181 $ 3,654,682 Income (loss) excluding noncontrolling interests and before provision for income taxes: Private Client Group $ 86,363 $ 81,473 $ 254,527 $ 230,098 Capital Markets 18,287 28,009 66,788 91,025 Asset Management 31,554 31,306 102,445 93,006 RJ Bank 78,008 64,921 213,628 178,777 Other (6,082 ) (14,466 ) (46,030 ) (57,275 ) Pre-tax income excluding noncontrolling interests 208,130 191,243 591,358 535,631 Add: net loss attributable to noncontrolling interests (6,835 ) (12,310 ) (15,781 ) (24,887 ) Income including noncontrolling interests and before provision for income taxes $ 201,295 $ 178,933 $ 575,577 $ 510,744 (1) No individual client accounted for more than ten percent of total revenues in any of the periods presented. Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Net interest income (expense): Private Client Group $ 22,664 $ 21,769 $ 66,423 $ 67,355 Capital Markets 1,047 738 5,174 4,000 Asset Management (1 ) 27 90 68 RJ Bank 102,054 87,089 298,633 253,730 Other (16,341 ) (17,284 ) (48,605 ) (48,680 ) Net interest income $ 109,423 $ 92,339 $ 321,715 $ 276,473 The following table presents our total assets on a segment basis: June 30, 2015 September 30, 2014 (in thousands) Total assets: Private Client Group (1) $ 6,421,196 $ 6,255,176 Capital Markets (2) 2,666,314 2,645,926 Asset Management 177,450 186,170 RJ Bank 13,291,572 12,036,945 Other 2,251,884 2,201,435 Total $ 24,808,416 $ 23,325,652 (1) Includes $174.6 million of goodwill at June 30, 2015 and September 30, 2014 . (2) Includes $120.9 million of goodwill at June 30, 2015 and September 30, 2014 . 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: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Revenues: United States $ 1,247,645 $ 1,134,841 $ 3,643,350 $ 3,316,872 Canada 71,928 73,993 209,221 238,487 Europe 20,242 22,984 65,367 73,568 Other 8,898 9,465 23,243 25,755 Total $ 1,348,713 $ 1,241,283 $ 3,941,181 $ 3,654,682 Pre-tax income (loss) excluding noncontrolling interests: United States $ 202,574 $ 184,832 $ 581,361 $ 505,015 Canada 5,706 5,653 13,193 26,196 Europe (573 ) (1,007 ) (4,299 ) (152 ) Other 423 1,765 1,103 4,572 Total $ 208,130 $ 191,243 $ 591,358 $ 535,631 Our total assets, classified by major geographic area in which they are held, are presented below: June 30, 2015 September 30, 2014 (in thousands) Total assets: United States (1) $ 23,025,785 $ 21,469,999 Canada (2) 1,684,861 1,773,703 Europe 37,807 39,872 Other 59,963 42,078 Total $ 24,808,416 $ 23,325,652 (1) Includes $262.5 million of goodwill at June 30, 2015 and September 30, 2014 . (2) Includes $33 million of goodwill at June 30, 2015 and September 30, 2014 .

UPDATE OF SIGNIFICANT ACCOUNT31

UPDATE OF SIGNIFICANT ACCOUNTING POLICIES UPDATE OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The accompanying unaudited condensed 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 on pages 115 - 118 in the section titled, “Evaluation of VIEs to determine whether consolidation is required” as presented in our Annual Report on Form 10-K for the year ended September 30, 2014 , as filed with the United States (“U.S.”) Securities and Exchange Commission (the “2014 Form 10-K”) and in Note 9 herein. 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 Certain financial information that is normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) but not required for interim reporting purposes has been condensed or omitted. These unaudited condensed consolidated financial statements reflect, in the opinion of management, all adjustments necessary for a fair presentation of the consolidated financial position and results of operations for the interim periods presented. The nature of our business is such that the results of any interim period are not necessarily indicative of results for a full year. These unaudited condensed consolidated financial statements should be read in conjunction with Management’s Discussion and Analysis and the consolidated financial statements and notes thereto included in our 2014 Form 10-K. To prepare condensed consolidated financial statements in conformity with GAAP, we must 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 condensed 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 condensed consolidated financial statements.
Reclassifications	Reclassifications Certain prior period amounts, none of which are material, have been reclassified to conform to the current period’s presentation.
Brokerage client receivables, loans to financial advisors and allowance for doubtful accounts	Brokerage client receivables, loans to financial advisors and allowance for doubtful accounts As more fully described in Note 2 on page 107 - 108 of our 2014 Form 10-K, we have certain financing receivables that arise from businesses other than our banking business. Specifically, we offer loans to financial advisors and certain key revenue producers, primarily for recruiting and retention purposes. We present the outstanding balance of loans to financial advisors on our Condensed Consolidated Statements of Financial Condition, net of their applicable allowances for doubtful accounts.

CASH AND CASH EQUIVALENTS, AS32

CASH AND CASH EQUIVALENTS, ASSETS SEGREGATED PURSUANT TO REGULATIONS, AND DEPOSITS WITH CLEARING ORGANIZATIONS (Tables)	9 Months Ended
	Jun. 30, 2015
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents	Our cash and cash equivalents, assets segregated pursuant to regulations or other segregated assets, and deposits with clearing organization balances are as follows: June 30, September 30, (in thousands) Cash and cash equivalents: Cash in banks $ 2,578,881 $ 2,195,683 Money market fund investments 3,200 3,380 Total cash and cash equivalents (1) 2,582,081 2,199,063 Cash segregated pursuant to federal regulations and other segregated assets (2) 2,513,086 2,489,264 Deposits with clearing organizations (3) 200,372 150,457 $ 5,295,539 $ 4,838,784 (1) The total amounts presented include cash and cash equivalents of $1.24 billion and $1.21 billion as of June 30, 2015 and September 30, 2014 , 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)	9 Months Ended
	Jun. 30, 2015
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: June 30, 2015 Quoted prices in active markets for identical assets (Level 1) (1) Significant other observable inputs (Level 2) (1) Significant unobservable inputs (Level 3) Netting adjustments (2) Balance as of (in thousands) Assets at fair value on a recurring basis: Trading instruments: Municipal and provincial obligations $ 14,194 $ 207,179 $ — $ — $ 221,373 Corporate obligations 934 53,943 209 — 55,086 Government and agency obligations 11,806 83,804 — — 95,610 Agency mortgage-backed securities (“MBS”) and collateralized mortgage obligations (“CMOs”) 4,073 147,802 — — 151,875 Non-agency CMOs and asset-backed securities (“ABS”) — 53,564 10 — 53,574 Total debt securities 31,007 546,292 219 — 577,518 Derivative contracts — 107,926 — (74,154 ) 33,772 Equity securities 28,823 3,097 14 — 31,934 Corporate loans — 2,491 — — 2,491 Other 627 26,067 1,634 — 28,328 Total trading instruments 60,457 685,873 1,867 (74,154 ) 674,043 Available for sale securities: Agency MBS and CMOs — 228,347 — — 228,347 Non-agency CMOs — 73,790 — — 73,790 Other securities 1,687 — — — 1,687 Auction rate securities (“ARS”): Municipals — — 28,037 — 28,037 Preferred securities — — 112,114 — 112,114 Total available for sale securities 1,687 302,137 140,151 — 443,975 Private equity investments — — 209,542 (3) — 209,542 Other investments (4) 189,201 1,192 737 — 191,130 Derivative instruments associated with offsetting matched book positions — 327,826 — — 327,826 Deposits with clearing organizations (5) 23,714 — — — 23,714 Other assets: Derivatives - forward foreign exchange contracts — 6,019 — — 6,019 Derivative contracts (6) — 3,318 — — 3,318 Total other assets — 9,337 — — 9,337 Total assets at fair value on a recurring basis $ 275,059 $ 1,326,365 $ 352,297 $ (74,154 ) $ 1,879,567 Assets at fair value on a nonrecurring basis: Bank loans, net: Impaired loans $ — $ 29,261 $ 45,098 $ — $ 74,359 Loans held for sale (7) — 11,861 — — 11,861 Total bank loans, net — 41,122 45,098 — 86,220 Other real estate owned (“OREO”) (8) — 1,286 — — 1,286 Total assets at fair value on a nonrecurring basis $ — $ 42,408 $ 45,098 $ — $ 87,506 (continued on next page) June 30, 2015 Quoted prices in active markets for identical assets (Level 1) (1) Significant other observable inputs (Level 2) (1) Significant unobservable inputs (Level 3) Netting adjustments (2) Balance as of (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 $ 14,359 $ 49 $ — $ — $ 14,408 Corporate obligations 20 12,152 — — 12,172 Government obligations 192,217 — — — 192,217 Agency MBS and CMOs 115 20 — — 135 Total debt securities 206,711 12,221 — — 218,932 Derivative contracts — 92,113 — (65,539 ) 26,574 Equity securities 19,954 91 — — 20,045 Other securities — 600 — — 600 Total trading instruments sold but not yet purchased 226,665 105,025 — (65,539 ) 266,151 Derivative instruments associated with offsetting matched book positions — 327,826 — — 327,826 Other liabilities — — 1,745 (9) — 1,745 Total liabilities at fair value on a recurring basis $ 226,665 $ 432,851 $ 1,745 $ (65,539 ) $ 595,722 (1) We had $1.1 million in transfers of financial instruments from Level 1 to Level 2 during the nine months ended June 30, 2015 . 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 $1.1 million in transfers of financial instruments from Level 2 to Level 1 during the nine months ended June 30, 2015 . 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) For derivative transactions not cleared through an exchange, and 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 14 for additional information regarding offsetting financial instruments). Deposits associated with derivative transactions cleared through an exchange are included in deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. (3) The portion of these investments we do not own is approximately $54 million as of June 30, 2015 and are included as a component of noncontrolling interest in our Condensed Consolidated Statements of Financial Condition. The weighted average portion we own is approximately $156 million or 74% of the total private equity investments of $210 million included in our Condensed Consolidated Statements of Financial Condition. (4) Other investments include $112 million of financial instruments that are related to obligations to perform under certain deferred compensation plans (see Note 2 on page 114, and Note 24 on page 173, of our 2014 Form 10-K for further information regarding these plans). (5) Consists of deposits we provide to clearing organizations or exchanges that are in the form of marketable securities. (6) Consists of RJ Bank Interest Hedges (as hereinafter defined), see Note 13 for additional information. (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 Condensed Consolidated Statements of Financial Condition is net of the estimated selling costs. (9) Includes forward commitments to purchase GNMA or FNMA (as hereinafter defined) MBS arising from our fixed income public finance operations, and to a much lesser extent, other certain commitments. See Note 2 on page 104, and Note 21 on page 167 of our 2014 Form 10-K, as well as Note 16 in this report, for additional information regarding the GNMA or FNMA MBS commitments. September 30, 2014 Quoted prices in active markets for identical assets (Level 1) (1) Significant other observable inputs (Level 2) (1) Significant unobservable inputs (Level 3) Netting adjustments (2) Balance as of (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 in active markets for identical assets (Level 1) (1) Significant other observable inputs (Level 2) (1) Significant unobservable inputs (Level 3) Netting adjustments (2) Balance as of (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) For derivative transactions not cleared through an exchange, and 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 14 for additional information regarding offsetting financial instruments). Deposits associated with derivative transactions cleared through an exchange are included in deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. (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 Condensed 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 Condensed Consolidated Statements of Financial Condition. (5) Other investments include $144 million of financial instruments that are related to obligations to perform under certain deferred compensation plans (see Note 2 on page 114, and Note 24 on page 173, of our 2014 Form 10-K for further information regarding these plans). (6) Primarily comprised of forward commitments to purchase GNMA or FNMA (as hereinafter defined) MBS arising from our fixed income public finance operations (see Note 2 on page 104, and Note 21 on page 167 of our 2014 Form 10-K for additional information). (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 Condensed 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: Three months ended June 30, 2015 Level 3 assets at fair value Financial assets Financial liabilities Trading instruments Available for sale securities Private equity, other investments and other assets Payables- trade and other Corporate obligations Non- agency CMOs & ABS Equity securities Other ARS – municipals ARS - preferred securities Private equity investments Other investments Other assets Other liabilities Fair value March 31, 2015 $ — $ 10 $ 14 $ 780 $ 89,614 $ 112,448 $ 220,944 $ 916 $ 2,196 $ (58 ) Total gains (losses) for the period: Included in earnings — — — (26 ) 11,040 — 12,700 (1) 16 (2,196 ) (1,687 ) Included in other comprehensive income — — — — (9,051 ) (334 ) — — — — Purchases and contributions — — — 1,458 — — 1,022 — — — Sales — — — (578 ) (63,566 ) — (1,696 ) — — — Redemptions by issuer — — — — — — — (8 ) — — Distributions — — — — — — (23,428 ) (187 ) — — Transfers: (2) Into Level 3 209 — — — — — — — — — Out of Level 3 — — — — — — — — — — Fair value June 30, 2015 $ 209 $ 10 $ 14 $ 1,634 $ 28,037 $ 112,114 $ 209,542 $ 737 $ — $ (1,745 ) Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period $ — $ — $ — $ — $ (77 ) $ (334 ) $ 12,954 $ 16 $ — $ (3,868 ) (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 $9 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. Nine months ended June 30, 2015 Level 3 assets at fair value Financial assets Financial liabilities Trading instruments Available for sale securities Private equity, other investments and other assets Payables- trade and other Corporate obligations Non- agency CMOs & ABS Equity securities Other ARS – municipals ARS - preferred securities Private equity investments Other investments Other assets Other liabilities Fair value September 30, 2014 $ — $ 11 $ 44 $ 2,309 $ 86,696 $ 114,039 $ 211,666 $ 1,731 $ 787 $ (58 ) Total gains (losses) for the period: Included in earnings — — 5 (66 ) 11,042 25 29,760 (1) 97 (787 ) (1,687 ) Included in other comprehensive income — — — — (6,090 ) (1,700 ) — — — — Purchases and contributions — — 20 24,791 — — 7,365 — — — Sales — — — (25,400 ) (63,611 ) — (1,696 ) — — — Redemptions by issuer — — — — — (250 ) — (681 ) — — Distributions — (1 ) — — — — (37,553 ) (410 ) — — Transfers: (2) Into Level 3 209 — — — — — — — — — Out of Level 3 — — (55 ) — — — — — — — Fair value $ 209 $ 10 $ 14 $ 1,634 $ 28,037 $ 112,114 $ 209,542 $ 737 $ — $ (1,745 ) Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period $ — $ — $ 5 $ — $ (888 ) $ (1,700 ) $ 30,015 $ 97 $ — $ (2,459 ) (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 $21.2 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 $8.6 million . (2) Our policy is that the end of each respective quarterly reporting period determines when transfers of financial instruments between levels are recognized. Three months ended June 30, 2014 Level 3 assets at fair value Financial assets Financial liabilities Trading instruments Available for sale securities Private equity, other investments and other assets Payables- trade and other Non- agency CMOs & ABS Equity securities Other Non- agency CMOs ARS – municipals ARS - preferred securities Private equity investments Other investments Other assets Other liabilities Fair value March 31, 2014 $ 13 $ 37 $ 2,703 $ 38 $ 109,960 $ 112,215 $ 191,401 $ 1,788 $ 15 $ (82 ) Total gains (losses) for the period: Included in earnings (1 ) 2 (162 ) — 542 — 3,831 (1) 89 2,837 2 Included in other comprehensive income — — — 1 1,060 1,234 — — — — Purchases and contributions — 78 5,917 — — — 3,982 — — — Sales — (65 ) (7,505 ) (38 ) (511 ) — — — — — Redemptions by issuer — — — — (350 ) — — (12 ) — — Distributions — — — (1 ) — — (18,244 ) (29 ) — — Transfers: (2) Into Level 3 — — — — — — 27,906 (3) — — — Out of Level 3 — — — — — — — — — 22 Fair value June 30, 2014 $ 12 $ 52 $ 953 $ — $ 110,701 $ 113,449 $ 208,876 $ 1,836 $ 2,852 $ (58 ) Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period $ (1 ) $ 2 $ (42 ) $ — $ 1,060 $ 1,234 $ 3,831 $ 89 $ 2,837 $ — (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 $4.7 million which is included in net income attributable to RJF (after noncontrolling interests). The noncontrolling interests’ share of the net valuation adjustments was a loss of approximately $900 thousand . (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 Condensed Consolidated Statements of Financial Condition, and whose carrying values approximate fair value. Nine months ended June 30, 2014 Level 3 assets at fair value Financial assets Financial liabilities Trading instruments Available for sale securities Private equity, other investments and other assets Payables- trade and other Non- agency CMOs & ABS Equity securities Other Non- agency CMOs ARS – municipals ARS - preferred securities Private equity investments Other investments Other receivables Other assets Other liabilities Fair value September 30, 2013 $ 14 $ 35 $ 3,956 $ 78 $ 130,934 $ 110,784 $ 216,391 $ 4,607 $ 2,778 $ 15 $ (60 ) Total gains (losses) for the period: Included in earnings (1 ) 6 (363 ) (27 ) 6,126 44 8,612 (1) 162 (2,778 ) 2,837 2 Included in other comprehensive income — — — 22 1,998 2,946 — — — — — Purchases and contributions — 102 16,365 — — — 13,314 63 — — — Sales — (91 ) (19,005 ) (38 ) (881 ) — (7,076 ) (2,698 ) — — — Redemptions by issuer — — — — (27,476 ) (325 ) — (40 ) — — — Distributions (1 ) — — (35 ) — — (31,694 ) (258 ) — — — Transfers: (2) Into Level 3 — — — — — — 11,924 (3) — — — — Out of Level 3 — — — — — — (2,595 ) (4) — — — — Fair value $ 12 $ 52 $ 953 $ — $ 110,701 $ 113,449 $ 208,876 $ 1,836 $ — $ 2,852 $ (58 ) Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period $ 19 $ 6 $ (42 ) $ — $ 1,998 $ 2,946 $ 8,612 $ 252 $ — $ 2,837 $ — (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 $9.1 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 $500 thousand . (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 Condensed Consolidated Statements of Financial Condition, and whose carrying values approximate fair value. (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 Condensed Consolidated Statements of Financial Condition.
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 Condensed Consolidated Statements of Income and Comprehensive Income as follows: Net trading profit Other revenues (in thousands) For the three months ended June 30, 2015 Total (losses) gains included in revenues $ (26 ) $ 19,873 Change in unrealized gains for assets held at the end of the reporting period $ — $ 8,691 For the nine months ended June 30, 2015 Total (losses) gains included in revenues $ (61 ) $ 38,450 Change in unrealized gains for assets held at the end of the reporting period $ 5 $ 25,065 For the three months ended June 30, 2014 Total (losses) gains included in revenues $ (161 ) $ 7,301 Change in unrealized (losses) gains for assets held at the end of the reporting period $ (41 ) $ 9,051 For the nine months ended June 30, 2014 Total (losses) gains included in revenues $ (358 ) $ 14,978 Change in unrealized (losses) gains for assets held at the end of the reporting period $ (17 ) $ 16,645
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 June 30, 2015 (in thousands) Valuation technique(s) Unobservable input Range (weighted-average) Recurring measurements: Available for sale securities: ARS: Municipals $ 10,482 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) 5.69% - 7.56% (6.63%) Average interest rates applicable to future interest income on the securities (b) 1.64% - 3.87% (2.76%) Prepayment year (c) 2018 - 2025 (2022) Weighting assigned to outcome of scenario1/ scenario 2 20%/80% Municipals $ 17,555 Discounted cash flow Average discount rate (a) 3.5% - 6.56% (4.13%) Average interest rates applicable to future interest income on the securities (b) 1.41% - 5.12% (1.63%) Prepayment year (c) 2018 - 2025 (2020) Preferred securities $ 112,114 Discounted cash flow Average discount rate (a) 3.73% - 5.37% (4.49%) Average interest rates applicable to future interest income on the securities (b) 2.17% - 3.67% (2.28%) Prepayment year (c) 2015 - 2020 (2020) Private equity investments: $ 46,402 Income or market approach: Scenario 1 - income approach - discounted cash flow Discount rate (a) 13% - 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 - 7.5 (6.3) Weighting assigned to outcome of scenario 1/scenario 2 72%/28% $ 163,140 Transaction price or other investment-specific events (e) Not meaningful (e) Not meaningful (e) Nonrecurring measurements: Impaired loans: residential $ 24,069 Discounted cash flow Prepayment rate 7 yrs. - 12 yrs. (10.3 yrs.) Impaired loans: corporate $ 21,029 Appraisal or discounted cash flow 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 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 June 30, 2015 were appraisals less selling costs for the collateral dependent loans and discounted cash flows 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 our financial instruments that are not carried at fair value are as follows: Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Total estimated fair value Carrying amount (in thousands) June 30, 2015 Financial assets: Bank loans, net (1) $ — $ 83,162 $ 11,837,522 $ 11,920,684 $ 11,972,597 Financial liabilities: Bank deposits $ — $ 10,663,758 $ 347,968 $ 11,011,726 $ 11,010,616 Corporate debt $ 366,240 $ 933,620 $ — $ 1,299,860 $ 1,187,934 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 (1) Excludes all impaired loans and loans held for sale which have been recorded at fair value in the Condensed Consolidated Statements of Financial Condition at June 30, 2015 and September 30, 2014 , respectively.

TRADING INSTRUMENTS AND TRADI34

TRADING INSTRUMENTS AND TRADING INSTRUMENTS SOLD BUT NOT YET PURCHASED (Tables)	9 Months Ended
	Jun. 30, 2015
Trading Instruments and Trading Instruments Sold But Not Yet Purchased [Abstract]
Trading Instruments and Trading Instruments Sold but Not Yet Purchased	June 30, 2015 September 30, 2014 Trading instruments Instruments sold but not yet purchased Trading instruments Instruments sold but not yet purchased (in thousands) Municipal and provincial obligations $ 221,373 $ 14,408 $ 203,889 $ 11,647 Corporate obligations 55,086 12,172 111,928 15,333 Government and agency obligations 95,610 192,217 101,362 187,424 Agency MBS and CMOs 151,875 135 127,419 738 Non-agency CMOs and ABS 53,574 — 58,375 — Total debt securities 577,518 218,932 602,973 215,142 Derivative contracts (1) 33,772 26,574 28,205 12,372 Equity securities 31,934 20,045 34,142 10,886 Corporate loans 2,491 — 990 — Other 28,328 600 13,083 — Total $ 674,043 $ 266,151 $ 679,393 $ 238,400 (1) Represents the derivative contracts held for trading purposes. These balances do not include all derivative instruments. See Note 13 for further information regarding all of our derivative transactions, and see Note 14 for additional information regarding offsetting financial instruments.

AVAILABLE FOR SALE SECURITIES (

AVAILABLE FOR SALE SECURITIES (Tables)	9 Months Ended
	Jun. 30, 2015
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 unrealized gains Gross unrealized losses Fair value (in thousands) June 30, 2015 Available for sale securities: Agency MBS and CMOs $ 227,932 $ 928 $ (513 ) $ 228,347 Non-agency CMOs (1) 78,434 17 (4,661 ) 73,790 Other securities 1,575 112 — 1,687 Total RJ Bank available for sale securities 307,941 1,057 (5,174 ) 303,824 Auction rate securities: Municipal obligations 28,966 661 (1,590 ) 28,037 Preferred securities 104,302 7,812 — 112,114 Total auction rate securities 133,268 8,473 (1,590 ) 140,151 Total available for sale securities $ 441,209 $ 9,530 $ (6,764 ) $ 443,975 September 30, 2014 Available for sale securities: Agency MBS and CMOs $ 267,927 $ 822 $ (1,029 ) $ 267,720 Non-agency CMOs (2) 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 (1) As of June 30, 2015 , the non-credit portion of other-than-temporary impairment (“OTTI”) recorded in accumulated other comprehensive income (loss) (“AOCI”) was $3.7 million (before taxes). See Note 17 for additional information. (2) As of September 30, 2014 , the non-credit portion of OTTI recorded in AOCI was $6.1 million (before taxes).
Contractual Maturities, Amortized Cost, Carrying Values, and Current Yields for Available For Sales Securities	The contractual maturities, amortized cost, carrying values and current yields for our available for sale securities are as presented below. Since RJ Bank’s available for sale securities (MBS & CMOs) are backed by mortgages, actual maturities will differ from contractual maturities because borrowers may have the right to prepay obligations without prepayment penalties. Expected maturities of ARS may differ significantly from contractual maturities, as issuers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2015 Within one year After one but within five years After five but within ten years After ten years Total ($ in thousands) Agency MBS & CMOs: Amortized cost $ — $ 6,696 $ 12,956 $ 208,280 $ 227,932 Carrying value — 6,710 13,037 208,600 228,347 Weighted-average yield — 0.49 % 1.30 % 1.01 % 1.01 % Non-agency CMOs: Amortized cost $ — $ — $ — $ 78,434 $ 78,434 Carrying value — — — 73,790 73,790 Weighted-average yield — — — 2.43 % 2.43 % Other securities: Amortized cost $ — $ — $ — $ 1,575 $ 1,575 Carrying value — — — 1,687 1,687 Weighted-average yield — — — — — Sub-total agency MBS & CMOs, non-agency CMOs, and other securities: Amortized cost $ — $ 6,696 $ 12,956 $ 288,289 $ 307,941 Carrying value — 6,710 13,037 284,077 303,824 Weighted-average yield — 0.49 % 1.30 % 1.38 % 1.36 % Auction rate securities: Municipal obligations Amortized cost $ — $ — $ — $ 28,966 $ 28,966 Carrying value — — — 28,037 28,037 Weighted-average yield — — — 0.17 % 0.17 % Preferred securities: Amortized cost $ — $ — $ — $ 104,302 $ 104,302 Carrying value — — — 112,114 112,114 Weighted-average yield — — — 0.27 % 0.27 % Sub-total auction rate securities: Amortized cost $ — $ — $ — $ 133,268 $ 133,268 Carrying value — — — 140,151 140,151 Weighted-average yield — — — 0.25 % 0.25 % Total available for sale securities: Amortized cost $ — $ 6,696 $ 12,956 $ 421,557 $ 441,209 Carrying value — 6,710 13,037 424,228 443,975 Weighted-average yield — 0.49 % 1.30 % 1.01 % 1.01 %
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: June 30, 2015 Less than 12 months 12 months or more Total Estimated fair value Unrealized losses Estimated fair value Unrealized losses Estimated fair value Unrealized losses (in thousands) Agency MBS and CMOs $ 2,997 $ (46 ) $ 48,038 $ (467 ) $ 51,035 $ (513 ) Non-agency CMOs 9,727 (46 ) 63,338 (4,615 ) 73,065 (4,661 ) ARS municipal obligations 226 (1 ) 11,563 (1,589 ) 11,789 (1,590 ) Total $ 12,950 $ (93 ) $ 122,939 $ (6,671 ) $ 135,889 $ (6,764 ) September 30, 2014 Less than 12 months 12 months or more Total Estimated fair value Unrealized losses Estimated fair value Unrealized losses Estimated fair value Unrealized 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 )
Non-Agency CMOs Cash Flow Analysis Assumptions	The significant assumptions used in the cash flow analysis of non-agency CMOs are as follows: June 30, 2015 Range Weighted- average (1) Default rate 0% - 7% 3.86% Loss severity 0% - 73.8% 39.33% Prepayment rate 5% - 15.3% 7.74% (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: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Amount related to credit losses on securities we held at the beginning of the period $ 18,703 $ 28,244 $ 18,703 $ 28,217 Decreases to the amount related to credit loss for securities sold during the period (6,856 ) (9,541 ) (6,856 ) (9,541 ) Additional increases to the amount related to credit loss for which an OTTI was previously recognized — — — 27 Amount related to credit losses on securities we held at the end of the period $ 11,847 $ 18,703 $ 11,847 $ 18,703

BANK LOANS, NET (Tables)

BANK LOANS, NET (Tables)	9 Months Ended
	Jun. 30, 2015
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: June 30, 2015 September 30, 2014 Balance % Balance % ($ in thousands) Loans held for sale, net (1) $ 92,227 1 % $ 45,988 — Loans held for investment: Domestic: C&I loans 5,609,932 46 % 5,378,592 49 % CRE construction loans 90,866 1 % 76,733 1 % CRE loans 1,529,324 12 % 1,415,093 13 % Tax-exempt loans 385,234 3 % 122,218 1 % Residential mortgage loans 1,947,715 16 % 1,749,513 16 % SBL 1,389,227 11 % 1,021,358 9 % Foreign: C&I loans 929,710 8 % 1,043,755 9 % CRE construction loans 29,401 — 17,462 — CRE loans 239,456 2 % 274,070 2 % Residential mortgage loans 2,846 — 2,234 — SBL 1,901 — 2,390 — Total loans held for investment 12,155,612 11,103,418 Net unearned income and deferred expenses (33,530 ) (37,533 ) Total loans held for investment, net (1) 12,122,082 11,065,885 Total loans held for sale and investment 12,214,309 100 % 11,111,873 100 % Allowance for loan losses (160,631 ) (147,574 ) Bank loans, net $ 12,053,678 $ 10,964,299 (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: C&I Residential mortgage Total (in thousands) Three months ended June 30, 2015 Purchases $ 186,982 5,381 $ 192,363 Sales $ 23,068 — $ 23,068 Nine months ended June 30, 2015 Purchases $ 447,263 218,690 (1) $ 665,953 Sales $ 55,428 — $ 55,428 Three months ended June 30, 2014 Purchases $ 105,214 931 $ 106,145 Sales $ 60,492 — $ 60,492 Nine months ended June 30, 2014 Purchases $ 342,950 28,666 $ 371,616 Sales $ 191,815 — $ 191,815 (1) Includes the purchase from another financial institution of residential mortgage loans totaling $207.3 million in principal loan balance.
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: 30-89 days and accruing 90 days or more and accruing Total past due and accruing Nonaccrual (1) Current and accruing Total loans held for investment (2) (in thousands) As of June 30, 2015: C&I loans $ 168 $ — $ 168 $ — $ 6,539,474 $ 6,539,642 CRE construction loans — — — — 120,267 120,267 CRE loans — — — 11,108 1,757,672 1,768,780 Tax-exempt loans — — — — 385,234 385,234 Residential mortgage loans: First mortgage loans 4,744 — 4,744 47,826 1,877,999 1,930,569 Home equity loans/lines 36 — 36 284 19,672 19,992 SBL — — — — 1,391,128 1,391,128 Total loans held for investment, net $ 4,948 $ — $ 4,948 $ 59,218 $ 12,091,446 $ 12,155,612 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 — — — — 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, net $ 1,829 $ — $ 1,829 $ 80,665 $ 11,020,924 $ 11,103,418 (1) Includes $27.9 million and $41.4 million of nonaccrual loans at June 30, 2015 and September 30, 2014 , respectively, which are performing pursuant to their contractual terms. (2) Excludes any net unearned income and deferred expenses.
Summary of Impaired Loans	The average balance of the total impaired loans and the related interest income recognized in the Condensed Consolidated Statements of Income and Comprehensive Income are as follows: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Average impaired loan balance: C&I loans $ 11,059 $ 12,593 $ 11,508 $ 4,745 CRE loans 15,053 24,096 16,613 24,664 Residential mortgage loans: First mortgage loans 57,305 70,911 60,097 71,516 Home equity loans/lines — 12 — 28 Total $ 83,417 $ 107,612 $ 88,218 $ 100,953 Interest income recognized: Residential mortgage loans: First mortgage loans $ 409 $ 387 $ 1,139 $ 1,350 Total $ 409 $ 387 $ 1,139 $ 1,350 The following table provides a summary of RJ Bank’s impaired loans: June 30, 2015 September 30, 2014 Gross recorded investment Unpaid principal balance Allowance for losses Gross recorded investment Unpaid principal balance Allowance for losses (in thousands) Impaired loans with allowance for loan losses: (1) C&I loans $ 10,937 $ 11,541 $ 1,016 $ 11,959 $ 12,563 $ 1,289 Residential - first mortgage loans 37,177 51,482 4,121 43,806 61,372 5,012 Total 48,114 63,023 5,137 55,765 73,935 6,301 Impaired loans without allowance for loan losses: (2) CRE loans 11,108 17,760 — 18,876 39,717 — Residential - first mortgage loans 20,274 30,005 — 21,987 32,949 — Total 31,382 47,765 — 40,863 72,666 — Total impaired loans $ 79,496 $ 110,788 $ 5,137 $ 96,628 $ 146,601 $ 6,301 (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.
Impact of TDRs	The table below presents the TDRs that occurred during the respective periods presented: Number of contracts Pre-modification outstanding recorded investment Post-modification outstanding recorded investment ($ in thousands) Three months ended June 30, 2015 Residential – first mortgage loans 3 $ 836 $ 897 Three months ended June 30, 2014 C&I loans 1 $ 19,200 $ 15,035 CRE loans 2 $ 22,291 $ 22,291 Residential – first mortgage loans 5 $ 1,797 $ 1,959 Nine months ended June 30, 2015 Residential – first mortgage loans 5 $ 1,081 $ 1,145 Nine months ended June 30, 2014 C&I loans 1 $ 19,200 $ 15,035 CRE loans 2 $ 22,291 $ 22,291 Residential – first mortgage loans 16 $ 4,085 $ 4,407
Credit Quality of Held for Investment Loan Portfolio	The credit quality of RJ Bank’s held for investment loan portfolio is as follows: Pass Special mention (1) Substandard (1) Doubtful Total (in thousands) June 30, 2015 C&I $ 6,378,312 $ 104,390 $ 56,940 $ — $ 6,539,642 CRE construction 120,267 — — — 120,267 CRE 1,741,844 15,459 11,477 — 1,768,780 Tax-exempt 385,234 — — — 385,234 Residential mortgage First mortgage 1,855,686 15,648 59,236 — 1,930,570 Home equity 19,642 65 284 — 19,991 SBL 1,391,128 — — — 1,391,128 Total $ 11,892,113 $ 135,562 $ 127,937 $ — $ 12,155,612 September 30, 2014 C&I $ 6,321,662 $ 83,101 $ 17,584 $ — $ 6,422,347 CRE construction 94,195 — — — 94,195 CRE 1,669,897 191 18,167 908 1,689,163 Tax-exempt 122,218 — — — 122,218 Residential mortgage First mortgage 1,647,325 15,346 69,092 — 1,731,763 Home equity 19,572 — 412 — 19,984 SBL 1,023,748 — — — 1,023,748 Total $ 10,898,617 $ 98,638 $ 105,255 $ 908 $ 11,103,418 (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% $ 585,795 LTV greater than 50% but less than 80% 973,459 LTV greater than 80% but less than 100% 146,414 LTV greater than 100%, but less than 120% 21,800 LTV greater than 120% 2,991 Total $ 1,730,459 (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 C&I CRE construction CRE Tax-exempt Residential mortgage SBL Total (in thousands) Three months ended June 30, 2015 Balance at beginning of period $ 111,125 $ 1,675 $ 25,717 $ 3,909 $ 15,076 $ 2,506 $ 160,008 (Benefit) provision for loan losses (1,365 ) 301 (1,912 ) 239 (545 ) 273 (3,009 ) Net (charge-offs)/recoveries: Charge-offs — — — — (687 ) — (687 ) Recoveries — — 3,773 — 409 6 4,188 Net (charge-offs)/recoveries — — 3,773 — (278 ) 6 3,501 Foreign exchange translation adjustment 83 5 43 — — — 131 Balance at June 30, 2015 $ 109,843 $ 1,981 $ 27,621 $ 4,148 $ 14,253 $ 2,785 $ 160,631 Nine months ended June 30, 2015 Balance at beginning of period $ 103,179 $ 1,594 $ 25,022 $ 1,380 $ 14,350 $ 2,049 $ 147,574 Provision (benefit) for loan losses 6,999 418 (850 ) 2,768 242 716 10,293 Net (charge-offs)/recoveries: Charge-offs (238 ) — — — (1,325 ) — (1,563 ) Recoveries 536 — 3,773 — 986 20 5,315 Net (charge-offs)/recoveries $ 298 $ — $ 3,773 $ — $ (339 ) $ 20 $ 3,752 Foreign exchange translation adjustment (633 ) (31 ) (324 ) — — — (988 ) Balance at June 30, 2015 $ 109,843 $ 1,981 $ 27,621 $ 4,148 $ 14,253 $ 2,785 $ 160,631 Three months ended June 30, 2014 Balance at beginning of period $ 95,284 $ 1,799 $ 22,276 $ 418 $ 16,614 $ 1,549 $ 137,940 Provision (benefit) for loan losses 3,509 (76 ) 1,141 603 (972 ) 262 4,467 Net (charge-offs)/recoveries: Charge-offs — — — — (755 ) — (755 ) Recoveries — — — — 351 9 360 Net (charge-offs)/recoveries $ — $ — $ — $ — $ (404 ) $ 9 $ (395 ) Foreign exchange translation adjustment 198 22 77 — — — 297 Balance at June 30, 2014 $ 98,991 $ 1,745 $ 23,494 $ 1,021 $ 15,238 $ 1,820 $ 142,309 Nine months ended June 30, 2014 Balance at beginning of period $ 95,994 $ 1,000 $ 19,266 $ — $ 19,126 $ 1,115 $ 136,501 Provision (benefit) for loan losses 5,106 748 4,203 1,021 (3,674 ) 678 8,082 Net (charge-offs)/recoveries: Charge-offs (1,845 ) — — — (1,634 ) — (3,479 ) Recoveries 16 — 80 — 1,420 27 1,543 Net (charge-offs)/recoveries $ (1,829 ) $ — $ 80 $ — $ (214 ) $ 27 $ (1,936 ) Foreign exchange translation adjustment (280 ) (3 ) (55 ) — — — (338 ) Balance at June 30, 2014 $ 98,991 $ 1,745 $ 23,494 $ 1,021 $ 15,238 $ 1,820 $ 142,309
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 Allowance for loan losses Recorded investment (1) Individually evaluated for impairment Collectively evaluated for impairment Total Individually evaluated for impairment Collectively evaluated for impairment Total (in thousands) June 30, 2015 C&I $ 1,016 $ 108,827 $ 109,843 $ 10,937 $ 6,528,705 $ 6,539,642 CRE construction — 1,981 1,981 — 120,267 120,267 CRE — 27,621 27,621 11,108 1,757,672 1,768,780 Tax-exempt — 4,148 4,148 — 385,234 385,234 Residential mortgage 4,121 10,132 14,253 57,451 1,893,110 1,950,561 SBL — 2,785 2,785 — 1,391,128 1,391,128 Total $ 5,137 $ 155,494 $ 160,631 $ 79,496 $ 12,076,116 $ 12,155,612 September 30, 2014 C&I $ 1,289 101,890 $ 103,179 $ 11,959 $ 6,410,388 $ 6,422,347 CRE construction — 1,594 1,594 — 94,195 94,195 CRE — 25,022 25,022 18,876 1,670,287 1,689,163 Tax-exempt — 1,380 1,380 — 122,218 122,218 Residential mortgage 5,012 9,338 14,350 65,793 1,685,954 1,751,747 SBL — 2,049 2,049 — 1,023,748 1,023,748 Total $ 6,301 $ 141,273 $ 147,574 $ 96,628 $ 11,006,790 $ 11,103,418 (1) Excludes any net unearned income and deferred expenses.

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	9 Months Ended
	Jun. 30, 2015
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 assets (1) Aggregate liabilities (1) (in thousands) June 30, 2015 LIHTC Funds $ 147,377 $ 40,353 Guaranteed LIHTC Fund (2) 71,895 2,180 Restricted Stock Trust Fund 9,974 9,974 EIF Funds 4,383 — Total $ 233,629 $ 52,507 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 (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 (the “Guaranteed LIHTC Fund”). See Note 16 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 Condensed Consolidated Statements of Financial Condition. The noncontrolling interests presented in this table represent the portion of these net assets which are not ours. June 30, 2015 September 30, 2014 (in thousands) Assets: Assets segregated pursuant to regulations and other segregated assets $ 9,918 $ 10,887 Receivables, other 5,541 5,812 Investments in real estate partnerships held by consolidated variable interest entities 203,077 235,858 Trust fund investment in RJF common stock (1) 9,973 6,607 Prepaid expenses and other assets 4,136 5,728 Total assets $ 232,645 $ 264,892 Liabilities and equity: Trade and other payables $ 6,926 $ 10,157 Intercompany payables 9,968 6,608 Loans payable of consolidated variable interest entities (2) 25,549 43,877 Total liabilities 42,443 60,642 RJF equity 6,113 6,165 Noncontrolling interests 184,089 198,085 Total equity 190,202 204,250 Total liabilities and equity $ 232,645 $ 264,892 (1) Included in treasury stock in our Condensed Consolidated Statements of Financial Condition. (2) Comprised of several non-recourse loans. We are not contingently liable under any of these loans.
VIEs where we are the primary beneficiary - information about net income (loss) of VIEs	The following table presents information about the net income (loss) of the VIEs which we consolidate, and is included within our Condensed Consolidated Statements of Income and Comprehensive Income. The noncontrolling interests presented in this table represent the portion of the net loss from these VIEs which is not ours. Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Revenues: Interest $ — $ — $ 2 $ 1 Other (349 ) 700 (57 ) (716 ) Total revenues (349 ) 700 (55 ) (715 ) Interest expense (404 ) (653 ) (1,470 ) (2,237 ) Net revenues (expense) (753 ) 47 (1,525 ) (2,952 ) Non-interest expenses (1) 10,318 12,255 29,417 33,272 Net loss including noncontrolling interests (11,071 ) (12,208 ) (30,942 ) (36,224 ) Net loss attributable to noncontrolling interests (11,032 ) (12,406 ) (30,890 ) (36,402 ) Net (loss) income attributable to RJF $ (39 ) $ 198 $ (52 ) $ 178 (1) Primarily comprised of items reported in other expense on our Condensed Consolidated Statements of Income and Comprehensive Income.
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. June 30, 2015 September 30, 2014 Aggregate assets Aggregate liabilities Our risk of loss Aggregate assets Aggregate liabilities Our risk of loss (in thousands) LIHTC Funds $ 3,220,560 $ 949,538 $ 49,655 $ 2,988,224 $ 899,586 $ 48,915 NMTC Funds 65,560 35 12 83,474 2 13 Other Real Estate Limited Partnerships and LLCs 29,523 37,062 172 30,202 36,262 183 Total $ 3,315,643 $ 986,635 $ 49,839 $ 3,101,900 $ 935,850 $ 49,111
VIEs where we hold a variable interest but we are not required to consolidated - aggregate assets, liabilities and exposure to loss	The aggregate assets, liabilities, and our exposure to loss from Managed Funds in which we hold a variable interest as of the dates indicated are provided in the table below: June 30, 2015 September 30, 2014 Aggregate assets Aggregate liabilities Our risk of loss Aggregate assets Aggregate liabilities Our risk of loss (in thousands) Managed Funds $ 108,396 $ 6,542 $ 94 $ 103,618 $ 11 $ 94

GOODWILL AND IDENTIFIABLE INT38

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS (Tables)	9 Months Ended
	Jun. 30, 2015
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: June 30, 2015 September 30, 2014 (in thousands) Goodwill $ 295,486 $ 295,486 Identifiable intangible assets, net 59,161 58,775 Total goodwill and identifiable intangible assets, net $ 354,647 $ 354,261
Schedule of Goodwill	The following summarizes our goodwill by segment, along with the activity, as of the dates indicated: Three months ended June 30, Nine months ended June 30, Segment Segment Private client group Capital markets Total Private client group Capital markets Total (in thousands) Fiscal year 2015 Goodwill as of beginning of period $ 174,584 $ 120,902 $ 295,486 $ 174,584 $ 120,902 $ 295,486 Impairment losses — — — — — — Goodwill as of end of period $ 174,584 $ 120,902 $ 295,486 $ 174,584 $ 120,902 $ 295,486 Fiscal year 2014 Goodwill as of beginning of period $ 174,584 $ 120,902 $ 295,486 $ 174,584 $ 120,902 $ 295,486 Impairment losses — — — — — — Goodwill as of end of period $ 174,584 $ 120,902 $ 295,486 $ 174,584 $ 120,902 $ 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 periods indicated: Segment Private client group Capital markets Asset management RJ Bank Total (in thousands) For the three months ended June 30, 2015 Net identifiable intangible assets as of beginning of period $ 8,333 $ 35,225 $ 10,330 $ 1,299 $ 55,187 Additions — — 5,873 (1) 191 6,064 Amortization expense (139 ) (1,374 ) (491 ) (86 ) (2,090 ) Impairment losses — — — — — Net identifiable intangible assets as of end of period $ 8,194 $ 33,851 $ 15,712 $ 1,404 $ 59,161 For the nine months ended June 30, 2015 Net identifiable intangible assets as of beginning of period $ 8,611 $ 37,975 $ 10,996 $ 1,193 $ 58,775 Additions — — 5,873 (1) 424 6,297 Amortization expense (417 ) (4,124 ) (1,157 ) (213 ) (5,911 ) Impairment losses — — — — — Net identifiable intangible assets as of end of period $ 8,194 $ 33,851 $ 15,712 $ 1,404 $ 59,161 For the three months ended June 30, 2014 Net identifiable intangible assets as of beginning of period $ 8,889 $ 40,724 $ 11,663 $ 1,084 $ 62,360 Additions — — — 91 91 Amortization expense (139 ) (1,375 ) (333 ) (55 ) (1,902 ) Impairment losses — — — — — Net identifiable intangible assets as of end of period $ 8,750 $ 39,349 $ 11,330 $ 1,120 $ 60,549 For the nine months ended June 30, 2014 Net identifiable intangible assets as of beginning of period $ 9,191 $ 43,474 $ 12,329 $ 984 $ 65,978 Additions — — — 280 280 Amortization expense (441 ) (4,125 ) (999 ) (144 ) (5,709 ) Impairment losses — — — — — Net identifiable intangible assets as of end of period $ 8,750 $ 39,349 $ 11,330 $ 1,120 $ 60,549 (1) The additions are directly attributable to the acquisition of identifiable intangible assets, primarily a customer relationship intangible asset, arising from our acquisition of Cougar (see Note 3 for additional information). The weighted-average useful life associated with the additions is 9.3 years.
Schedule of Finite-Lived Intangible Assets by Major Class	Identifiable intangible assets by type are presented below: June 30, 2015 September 30, 2014 Gross carrying value Accumulated amortization Gross carrying value Accumulated amortization (in thousands) Customer relationships $ 69,317 $ (16,327 ) $ 65,957 $ (13,875 ) Trade name — — 2,000 (2,000 ) Developed technology 11,000 (7,150 ) 11,000 (5,500 ) Intellectual property 563 (9 ) — — Non-compete agreements 433 (70 ) 1,000 (1,000 ) Mortgage servicing rights 1,917 (513 ) 1,493 (300 ) Total $ 83,230 $ (24,069 ) $ 81,450 $ (22,675 )

BANK DEPOSITS (Tables)

BANK DEPOSITS (Tables)	9 Months Ended
	Jun. 30, 2015
Deposits [Abstract]
Summary of Bank Deposits	The following table presents a summary of bank deposits including the weighted-average rate: June 30, 2015 September 30, 2014 Balance Weighted-average rate (1) Balance Weighted-average rate (1) ($ in thousands) Bank deposits: NOW accounts $ 5,588 0.01 % $ 5,792 0.01 % Demand deposits (non-interest-bearing) 3,317 — 8,386 — Savings and money market accounts 10,654,853 0.02 % 9,670,043 0.02 % Certificates of deposit 346,858 1.67 % 344,703 1.81 % Total bank deposits (2) $ 11,010,616 0.07 % $ 10,028,924 0.09 % (1) Weighted-average rate calculation is based on the actual deposit balances at June 30, 2015 and September 30, 2014 , respectively. (2) Bank deposits exclude affiliate deposits of approximately $508 million and $509 million at June 30, 2015 and September 30, 2014 , respectively. These affiliate deposits include $501 million and $500 million , held in a deposit account on behalf of RJF as of June 30, 2015 and September 30, 2014 , respectively.
Scheduled Maturities of Certificates of Deposit	Scheduled maturities of certificates of deposit are as follows: June 30, 2015 September 30, 2014 Denominations greater than or equal to $100,000 Denominations less than $100,000 Denominations greater than or equal to $100,000 Denominations less than $100,000 (in thousands) Three months or less $ 9,648 $ 12,642 $ 11,761 $ 9,482 Over three through six months 5,117 7,361 9,067 10,317 Over six through twelve months 19,313 14,340 15,809 21,002 Over one through two years 45,932 35,596 33,366 27,722 Over two through three years 10,775 7,061 45,842 33,529 Over three through four years 67,378 25,401 35,362 11,301 Over four through five years 59,191 27,103 55,556 24,587 Total $ 217,354 $ 129,504 $ 206,763 $ 137,940
Interest Expense on Deposits	Interest expense on deposits is summarized as follows: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Certificates of deposit $ 1,438 $ 1,535 $ 4,421 $ 4,591 Money market, savings and NOW accounts 639 445 1,883 1,273 Total interest expense on deposits $ 2,077 $ 1,980 $ 6,304 $ 5,864

OTHER BORROWINGS (Tables)

OTHER BORROWINGS (Tables)	9 Months Ended
	Jun. 30, 2015
Other Borrowings [Abstract]
Schedule of Short-term Debt	The following table details the components of other borrowings: June 30, 2015 September 30, 2014 (in thousands) Other borrowings: FHLB advances $ 550,000 (1) $ 500,000 (2) Borrowings on secured lines of credit (3) 128,800 154,700 (4) Borrowings on ClariVest revolving credit facility (5) 415 216 Borrowings on unsecured lines of credit (6) — — Total other borrowings $ 679,215 $ 654,916 (1) Borrowings from the FHLB as of June 30, 2015 are comprised of two floating-rate advances. One FHLB advance in the amount of $250 million , matures in September 2017 , and has an interest rate which resets monthly. RJ Bank has the option to prepay this advance on each interest reset date without penalty. The other FHLB advance, in the amount of $300 million , matures in March 2017 and has an interest rate which resets quarterly. We use interest rate swaps to manage the risk of increases in interest rates associated with this floating-rate advance by converting a portion of the variable interest rate to a fixed interest rate. Refer to Note 13 for information regarding these interest rate swaps which are accounted for as hedging instruments. Both of the FHLB advances are secured by a blanket lien granted to the FHLB on RJ Bank’s residential mortgage loan portfolio. The weighted average interest rate on these advances is 0.26% . (2) Borrowings from the FHLB as of September 30, 2014 are comprised of two $250 million floating-rate advances. The weighted average interest rate on these advances is 0.20% . These advances are secured by a blanket lien granted to the FHLB on RJ Bank’s residential mortgage 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. (3) Other than a $5 million borrowing outstanding on the Regions Credit Facility (as hereinafter defined) as of September 30, 2014 , any borrowings on secured lines of credit are day-to-day and are generally utilized to finance certain fixed income securities. (4) As of September 30, 2014 , a subsidiary of RJF was a party to a Revolving Credit Agreement (the “Regions Credit Facility”) with Regions Bank. The Regions Credit Facility provided for a revolving line of credit and was subject to a guarantee in favor of Regions Bank provided by RJF. On April 2, 2015 , the Regions Credit Facility expired, was not renewed, and the $5 million outstanding balance on the expiration date was paid to Regions Bank. (5) ClariVest Asset Management, LLC (“ClariVest”), a subsidiary of Eagle, is a party to a revolving line of credit provided by a third party lender (the “ClariVest Facility”). The maximum amount available to borrow under the 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 . (6) Any borrowings on unsecured lines of credit are day-to-day and are generally utilized for cash management purposes.

DERIVATIVE FINANCIAL INSTRUME41

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Jun. 30, 2015
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 June 30, 2015 September 30, 2014 Balance sheet location Notional amount Fair value (1) Balance sheet location Notional amount Fair value (1) (in thousands) Derivatives designated as hedging instruments: Forward foreign exchange contracts (2) Prepaid expenses and other assets $ 702,850 (6) $ 5,007 Prepaid expenses and other assets $ 682,100 (6) $ 2,101 Interest rate contracts (3) Prepaid expenses and other assets $ 200,000 $ 3,318 Prepaid expenses and other assets $ — $ — Derivatives not designated as hedging instruments: Interest rate contracts (4) Trading instruments $ 2,294,161 $ 103,302 Trading instruments $ 2,198,357 $ 89,923 Interest rate contracts (5) Derivative instruments associated with offsetting matched book positions $ 1,678,198 $ 327,826 Derivative instruments associated with offsetting matched book positions $ 1,796,288 $ 323,337 Forward foreign exchange contracts (4) Trading instruments $ 132,111 (6) $ 4,624 Trading instruments $ — $ — Forward foreign exchange contracts (2) Prepaid expenses and other assets $ 139,300 (6) $ 1,012 Prepaid expenses and other assets $ 117,800 (6) $ 361 Liability derivatives June 30, 2015 September 30, 2014 Balance sheet location Notional amount Fair value (1) Balance sheet location Notional amount Fair value (1) (in thousands) Derivatives not designated as hedging instruments: Interest rate contracts (4) Trading instruments sold $ 2,338,780 $ 90,023 Trading instruments sold $ 2,185,085 $ 75,668 Interest rate contracts (5) Derivative instruments associated with offsetting matched book positions $ 1,678,198 $ 327,826 Derivative instruments associated with offsetting matched book positions $ 1,796,288 $ 323,337 Forward foreign exchange contracts (4) Trading instruments sold $ 70,274 (6) $ 2,090 Trading instruments sold $ — $ — (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 Condensed Consolidated Statements of Financial Condition is presented net. See Note 14 for additional information regarding offsetting asset and liability balances. (2) These contracts are associated with RJ Bank’s activities to hedge its foreign currency exposure. (3) These contracts are associated with our RJ Bank Interest Hedges activities. (4) These contracts arise from our OTC Derivatives Operations. (5) These contracts arise from our Offsetting Matched Book Derivatives Operations. (6) The notional amount presented is denominated in Canadian currency.
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 Condensed Consolidated Statements of Income and Comprehensive Income: Location of gain (loss) recognized on derivatives in the Condensed Consolidated Statements of Income and Comprehensive Income Amount of gain (loss) on derivatives recognized in income Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Derivatives not designated as hedging instruments: Interest rate contracts and forward foreign exchange contracts (1) Net trading profit $ 250 $ 200 $ 2,530 $ 779 Interest rate contracts (2) Other revenues $ 143 $ 19 $ 209 $ 690 Forward foreign exchange contracts (3) Other revenues $ (1,420 ) $ (4,093 ) $ 10,885 $ 718 (1) These contracts arise from our OTC Derivatives Operations. (2) These contracts arise from our Offsetting Matched Book Derivatives Operations. (3) These contracts are associated with RJ Bank’s activities to hedge its foreign currency exposure.

DISCLOSURE OF OFFSETTING ASSE42

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL, ENCUMBERED ASSETS, AND REPURCHASE AGREEMENTS (Tables)	9 Months Ended
	Jun. 30, 2015
Disclosure of Offsetting Assets and Liabilities, Collateral, Encumbered Assets and Repurchase Agreements [Abstract]
Offsetting 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 Statement of Financial Condition Gross amounts of recognized assets (liabilities) Gross amounts offset in the Statement of Financial Condition Net amounts presented in the Statement of Financial Condition Financial instruments Cash (received) paid Net amount (in thousands) As of June 30, 2015: Assets Securities purchased under agreements to resell and other collateralized financings $ 416,516 $ — $ 416,516 $ (416,516 ) (1) $ — $ — Derivatives - interest rate contracts (2) 103,302 (74,154 ) 29,148 (9,290 ) — 19,858 Derivative instruments associated with offsetting matched book positions 327,826 — 327,826 (327,826 ) (3) — — Derivatives - forward foreign exchange contracts (4) 6,019 — 6,019 — — 6,019 Derivatives - forward foreign exchange contracts (5) 4,624 — 4,624 — — 4,624 Derivatives - RJ Bank Interest Hedges (6) 3,318 — 3,318 — — 3,318 Stock borrowed 136,428 — 136,428 (130,307 ) — 6,121 Total assets $ 998,033 $ (74,154 ) $ 923,879 $ (883,939 ) $ — $ 39,940 Liabilities Securities sold under agreements to repurchase $ (251,769 ) $ — $ (251,769 ) $ 251,769 (7) $ — $ — Derivatives - interest rate contracts (2) (90,023 ) 65,539 (24,484 ) 3,500 (8) 10,474 (8) (10,510 ) Derivative instruments associated with offsetting matched book positions (327,826 ) — (327,826 ) 327,826 (3) — — Derivatives - forward foreign exchange contracts (5) (2,090 ) — (2,090 ) — — (2,090 ) Stock loaned (408,733 ) — (408,733 ) 398,737 — (9,996 ) Total liabilities $ (1,080,441 ) $ 65,539 $ (1,014,902 ) $ 981,832 $ 10,474 $ (22,596 ) 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 (7) $ — $ — Derivatives - interest rate contracts (2) (75,668 ) 63,296 (12,372 ) 3,502 (8) 4,620 (8) (4,250 ) 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 ) $ 973,514 $ 4,620 $ (19,453 ) 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 $436.2 million and $463.7 million as of June 30, 2015 and September 30, 2014 , respectively. (2) Derivatives - interest rate contracts are included in Trading instruments on our Condensed Consolidated Statements of Financial Condition. See Note 13 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 13 for further discussion of the “pass through” structure of the derivative instruments associated with Offsetting Matched Book Derivatives Operations. (4) As of June 30, 2015 and 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 Condensed Consolidated Statements of Financial Condition. See Note 13 for additional information. (5) See Note 13 for additional information on our forward foreign exchange contract derivatives associated with our OTC Derivatives Operations. (6) Derivatives - RJ Bank Interest Hedges are included in prepaid expenses and other assets on our Condensed Consolidated Statements of Financial Condition. See Note 13 for additional information. The RJ Bank Interest Hedges are transacted through an exchange. The nature of the agreement with the clearing member exchange includes terms that are similar to a master netting agreement, thus we are over-collateralized since the actual amount of cash deposited with the exchange for these RJ Bank Interest Hedges amounts to $3.4 million as of June 30, 2015 . These deposits are included in deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. (7) We are over-collateralized since the actual amount of financial instruments pledged as collateral for securities sold under agreements to repurchase amounts to $259.4 million and $253.7 million as of June 30, 2015 and September 30, 2014 , respectively. (8) For the portion of these derivative contracts that are transacted through an exchange, the nature of the agreement with the clearing member exchange include terms that are similar to a master netting agreement, thus we present offsetting deposits paid to the exchange associated with these contracts. These deposits are a component of deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. See Note 13 for additional information.
Offsetting 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 Statement of Financial Condition Gross amounts of recognized assets (liabilities) Gross amounts offset in the Statement of Financial Condition Net amounts presented in the Statement of Financial Condition Financial instruments Cash (received) paid Net amount (in thousands) As of June 30, 2015: Assets Securities purchased under agreements to resell and other collateralized financings $ 416,516 $ — $ 416,516 $ (416,516 ) (1) $ — $ — Derivatives - interest rate contracts (2) 103,302 (74,154 ) 29,148 (9,290 ) — 19,858 Derivative instruments associated with offsetting matched book positions 327,826 — 327,826 (327,826 ) (3) — — Derivatives - forward foreign exchange contracts (4) 6,019 — 6,019 — — 6,019 Derivatives - forward foreign exchange contracts (5) 4,624 — 4,624 — — 4,624 Derivatives - RJ Bank Interest Hedges (6) 3,318 — 3,318 — — 3,318 Stock borrowed 136,428 — 136,428 (130,307 ) — 6,121 Total assets $ 998,033 $ (74,154 ) $ 923,879 $ (883,939 ) $ — $ 39,940 Liabilities Securities sold under agreements to repurchase $ (251,769 ) $ — $ (251,769 ) $ 251,769 (7) $ — $ — Derivatives - interest rate contracts (2) (90,023 ) 65,539 (24,484 ) 3,500 (8) 10,474 (8) (10,510 ) Derivative instruments associated with offsetting matched book positions (327,826 ) — (327,826 ) 327,826 (3) — — Derivatives - forward foreign exchange contracts (5) (2,090 ) — (2,090 ) — — (2,090 ) Stock loaned (408,733 ) — (408,733 ) 398,737 — (9,996 ) Total liabilities $ (1,080,441 ) $ 65,539 $ (1,014,902 ) $ 981,832 $ 10,474 $ (22,596 ) 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 (7) $ — $ — Derivatives - interest rate contracts (2) (75,668 ) 63,296 (12,372 ) 3,502 (8) 4,620 (8) (4,250 ) 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 ) $ 973,514 $ 4,620 $ (19,453 ) 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 $436.2 million and $463.7 million as of June 30, 2015 and September 30, 2014 , respectively. (2) Derivatives - interest rate contracts are included in Trading instruments on our Condensed Consolidated Statements of Financial Condition. See Note 13 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 13 for further discussion of the “pass through” structure of the derivative instruments associated with Offsetting Matched Book Derivatives Operations. (4) As of June 30, 2015 and 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 Condensed Consolidated Statements of Financial Condition. See Note 13 for additional information. (5) See Note 13 for additional information on our forward foreign exchange contract derivatives associated with our OTC Derivatives Operations. (6) Derivatives - RJ Bank Interest Hedges are included in prepaid expenses and other assets on our Condensed Consolidated Statements of Financial Condition. See Note 13 for additional information. The RJ Bank Interest Hedges are transacted through an exchange. The nature of the agreement with the clearing member exchange includes terms that are similar to a master netting agreement, thus we are over-collateralized since the actual amount of cash deposited with the exchange for these RJ Bank Interest Hedges amounts to $3.4 million as of June 30, 2015 . These deposits are included in deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. (7) We are over-collateralized since the actual amount of financial instruments pledged as collateral for securities sold under agreements to repurchase amounts to $259.4 million and $253.7 million as of June 30, 2015 and September 30, 2014 , respectively. (8) For the portion of these derivative contracts that are transacted through an exchange, the nature of the agreement with the clearing member exchange include terms that are similar to a master netting agreement, thus we present offsetting deposits paid to the exchange associated with these contracts. These deposits are a component of deposits with clearing organizations on our Condensed Consolidated Statements of Financial Condition. See Note 13 for additional information.
Collateral	The table below presents financial instruments at fair value, that we received as collateral, are not included on our Condensed 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: June 30, 2015 September 30, 2014 (in thousands) Collateral we received that is available to be delivered or repledged $ 2,222,349 $ 2,178,868 Collateral that we delivered or repledged 970,383 (1) 879,071 (2) (1) The collateral delivered or repledged as of June 30, 2015 , includes client margin securities which we pledged with a clearing organization in the amount of $207.1 million which were applied against our requirement of $135.5 million . (2) 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 .
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: June 30, 2015 September 30, 2014 (in thousands) Financial instruments owned, at fair value, pledged to counterparties that: Had the right to deliver or repledge $ 413,384 $ 394,746 Did not have the right to deliver or repledge 19,681 (1) 50,983 (2) (1) Assets delivered or repledged as of June 30, 2015 , includes securities which we pledged with a clearing organization in the amount of $24.4 million which were applied against our requirement of $135.5 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, 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).
Transfer of certain financial assets accounted for as secured borrowings	The following table presents the remaining contractual maturity of securities under agreement to repurchase and securities lending transactions accounted for as secured borrowings: As of June 30, 2015: Overnight and continuous Up to 30 days 30-90 days Greater than 90 days Total (in thousands) Repurchase agreements Government and agency obligations $ 153,489 $ 5,201 $ — $ — $ 158,690 Agency MBS and CMOs 90,279 2,800 — — 93,079 Total Repurchase Agreements $ 243,768 $ 8,001 $ — $ — $ 251,769 Securities lending Corporate obligations 14,562 — — — 14,562 Equity securities 394,171 — — — 394,171 Total securities lending $ 408,733 $ — $ — $ — $ 408,733 Total $ 652,501 $ 8,001 $ — $ — $ 660,502 Gross amounts of recognized liabilities for repurchase agreements and securities lending transactions included in the Offsetting Assets and Liabilities table included within this footnote $ 660,502 Amounts related to repurchase agreements and securities lending transactions not included in the Offsetting Assets and Liabilities table included within this footnote $ —

ACCUMULATED OTHER COMPREHENSI43

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	9 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income	The following table presents the after-tax changes in each component of accumulated other comprehensive income (loss) for the three and nine months ended June 30, 2015 and 2014 : Unrealized gains on available for sale securities Net currency translations and net investment hedges (1) Cash flow hedges (2) Total (in thousands) Three months ended June 30, 2015 Accumulated other comprehensive income (loss) as of the beginning of the period $ 7,058 $ (28,352 ) $ (1,501 ) $ (22,795 ) Other comprehensive (loss) income before reclassifications and taxes (325 ) (1,511 ) 4,875 3,039 Amounts reclassified from accumulated other comprehensive (loss) income, before tax (8,432 ) — 914 (7,518 ) Pre-tax net other comprehensive (loss) income (8,757 ) (1,511 ) 5,789 (4,479 ) Income tax effect 3,376 2,806 (2,200 ) 3,982 Net other comprehensive (loss) income for the period, net of tax (5,381 ) 1,295 3,589 (497 ) Accumulated other comprehensive income (loss) as of June 30, 2015 $ 1,677 $ (27,057 ) $ 2,088 $ (23,292 ) Nine months ended June 30, 2015 Accumulated other comprehensive income (loss) as of the beginning of the period $ 4,745 $ (6,633 ) $ — $ (1,888 ) Other comprehensive income (loss) before reclassifications and taxes 3,420 (778 ) 2,394 5,036 Amounts reclassified from accumulated other comprehensive (loss) income, before tax (8,434 ) — 974 (7,460 ) Pre-tax net other comprehensive (loss) income (5,014 ) (778 ) 3,368 (2,424 ) Income tax effect 1,946 (19,646 ) (1,280 ) (18,980 ) Net other comprehensive (loss) income for the period, net of tax (3,068 ) (20,424 ) 2,088 (21,404 ) Accumulated other comprehensive income (loss) as of June 30, 2015 $ 1,677 $ (27,057 ) $ 2,088 $ (23,292 ) Three months ended June 30, 2014 Accumulated other comprehensive income (loss) as of the beginning of the period $ 3,300 $ (4,534 ) $ — $ (1,234 ) Other comprehensive income (loss) before reclassifications and taxes 4,174 (1,971 ) — 2,203 Amounts reclassified from accumulated other comprehensive loss, before tax (535 ) — — (535 ) Pre-tax net other comprehensive income (loss) 3,639 (1,971 ) — 1,668 Income tax effect (1,393 ) 7,877 — 6,484 Net other comprehensive income for the period, net of tax 2,246 5,906 — 8,152 Accumulated other comprehensive income as of June 30, 2014 $ 5,546 $ 1,372 $ — $ 6,918 Nine months ended June 30, 2014 Accumulated other comprehensive (loss) income as of the beginning of the period $ (1,276 ) $ 12,002 $ — $ 10,726 Other comprehensive income (loss) before reclassifications and taxes 15,301 (4,869 ) — 10,432 Amounts reclassified from accumulated other comprehensive loss, before tax (4,266 ) — — (4,266 ) Pre-tax net other comprehensive income (loss) 11,035 (4,869 ) — 6,166 Income tax effect (4,213 ) (5,761 ) — (9,974 ) Net other comprehensive income (loss) for the period, net of tax 6,822 (10,630 ) — (3,808 ) Accumulated other comprehensive income as of June 30, 2014 $ 5,546 $ 1,372 $ — $ 6,918 (1) Includes net gains (losses) 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 13 for additional information on these derivatives). (2) Represents the RJ Bank Interest Hedges (see Note 13 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 income (loss), and the related tax effects, for the periods indicated: Accumulated other comprehensive income (loss) components: Increase (decrease) in amounts reclassified from accumulated other comprehensive income (loss) Affected line items in income statement (in thousands) Three months ended June 30, 2015 Available for sale securities: (1) Auction rate securities (2) $ (8,974 ) Other revenue RJ Bank available for sale securities 542 Other revenue RJ Bank Interest Hedges (3) 914 Interest expense (7,518 ) Total before tax Income tax effect 2,903 Provision for income taxes Total reclassifications for the period $ (4,615 ) Net of tax Nine months ended June 30, 2015 Available for sale securities: (1) Auction rate securities (2) $ (8,976 ) Other revenue RJ Bank available for sale securities 542 Other revenue RJ Bank Interest Hedges (3) 974 Interest expense (7,460 ) Total before tax Income tax effect 2,881 Provision for income taxes Total reclassifications for the period $ (4,579 ) Net of tax Three months ended June 30, 2014 Available for sale securities: (1) Auction rate securities (2) $ (273 ) Other revenue RJ Bank available for sale securities (262 ) Other revenue (535 ) Total before tax Income tax effect 204 Provision for income taxes Total reclassifications for the period $ (331 ) Net of tax Nine months ended June 30, 2014 Available for sale securities: (1) Auction rate securities (2) $ (4,031 ) Other revenue RJ Bank available for sale securities (235 ) Other revenue (4,266 ) Total before tax Income tax effect 1,641 Provision for income taxes Total reclassifications for the period $ (2,625 ) 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) Other revenues in our Condensed Consolidated Statements of Income and Comprehensive Income include realized gains on the sale of ARS (see Note 7 for further information). The amounts presented in the table represent the reversal out of AOCI associated with such ARS’ 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 income (“OCI”) for each respective period, on a pre-tax basis. (3) See Note 13 for additional information regarding the RJ Bank Interest Hedges, and Note 5 for additional fair value information regarding these derivatives.

INTEREST INCOME AND INTEREST 44

INTEREST INCOME AND INTEREST EXPENSE (Tables)	9 Months Ended
	Jun. 30, 2015
Interest Income (Expense), Net [Abstract]
Interest Income and Interest Expense	The components of interest income and interest expense are as follows: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Interest income: Margin balances $ 16,755 $ 16,894 $ 50,268 $ 51,309 Assets segregated pursuant to regulations and other segregated assets 3,350 3,666 10,139 11,854 Bank loans, net of unearned income 103,017 86,231 299,829 251,079 Available for sale securities 1,234 1,598 3,830 5,176 Trading instruments 4,636 4,750 14,061 13,893 Stock loan 2,910 2,200 10,120 6,882 Loans to financial advisors 1,774 1,528 5,211 4,831 Corporate cash and all other 3,471 2,524 10,211 9,853 Total interest income $ 137,147 $ 119,391 $ 403,669 $ 354,877 Interest expense: Brokerage client liabilities $ 213 $ 273 $ 737 $ 990 Retail bank deposits 2,077 1,980 6,304 5,864 Trading instruments sold but not yet purchased 1,158 1,075 3,376 3,198 Stock borrow 1,082 900 4,495 2,206 Borrowed funds 1,983 1,128 4,171 2,976 Senior notes 19,010 19,010 57,029 57,030 Interest expense of consolidated VIEs 404 653 1,470 2,237 Other 1,797 2,033 4,372 3,903 Total interest expense 27,724 27,052 81,954 78,404 Net interest income 109,423 92,339 321,715 276,473 Add (subtract): benefit (provision) for loan losses 3,009 (4,467 ) (10,293 ) (8,082 ) Net interest income after benefit (provision) for loan losses $ 112,432 $ 87,872 $ 311,422 $ 268,391

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	9 Months Ended
	Jun. 30, 2015
Stock option awards
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 stock options awards granted to employees, members of our Board of Directors and independent contractor financial advisors are presented below: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Total share-based expense $ 3,298 $ 1,739 $ 8,986 $ 8,600 Income tax benefit (reduction of prior benefit) related to share-based expense 507 (50 ) 1,133 1,228
Schedule of Unrecognized Compensation Cost, Nonvested Awards	Unrecognized pre-tax expense for stock option awards granted to employees, members of our Board of Directors, and independent contractor financial advisors, net of estimated forfeitures, and the remaining period over which the expense will be recognized as of June 30, 2015 , are presented below: Unrecognized pre-tax expense Remaining weighted- average amortization period (in thousands) (in years) Employees and members of our Board of Directors $ 26,763 3.4 Independent contractor financial advisors 1,973 3.2
Restricted stock and restricted stock unit awards
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 equity awards (which include restricted stock and restricted stock units) granted to employees, members of our Board of Directors, and independent contractor financial advisors are presented below: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Total share-based expense $ 12,691 $ 11,909 $ 45,846 $ 40,966 Income tax benefit related to share-based expense 4,434 4,123 16,334 14,343
Schedule of Unrecognized Compensation Cost, Nonvested Awards	Unrecognized pre-tax expense for restricted equity awards granted to employees, members of our Board of Directors and independent contractor financial advisors, net of estimated forfeitures, and the remaining period over which the expense will be recognized as of June 30, 2015 , are presented below: Unrecognized pre-tax expense Remaining weighted- average amortization period (in thousands) (in years) Employees and members of our Board of Directors $ 98,170 2.9 Independent contractor financial advisors 49 1.2

REGULATIONS AND CAPITAL REQUI46

REGULATIONS AND CAPITAL REQUIREMENTS (Tables)	9 Months Ended
	Jun. 30, 2015
Raymond James Financial Inc
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Summary of Minimum Requirements Under Regulatory Framework	To meet requirements for capital adequacy purposes or to be categorized as “well capitalized,” RJF must maintain minimum Common equity tier 1, Tier 1 risk-based, Total risk-based, and Tier 1 leverage amounts and ratios as set forth in the table below. Actual Requirement for capital adequacy purposes To be well capitalized under prompt corrective action provisions Amount Ratio Amount Ratio Amount Ratio ($ in thousands) RJF as of June 30, 2015: (computed in accordance with Basel III) Common equity tier 1 capital $ 4,065,998 21.3 % $ 859,635 4.5 % $ 1,241,696 6.5 % Tier 1 capital 4,065,998 21.3 % 1,146,181 6.0 % 1,528,241 8.0 % Total capital 4,244,781 22.2 % 1,528,241 8.0 % 1,910,301 10.0 % Tier 1 leverage 4,065,998 16.7 % 972,688 4.0 % 1,215,859 5.0 % RJF as of September 30, 2014: (computed in accordance with Basel 2.5) Tier 1 capital $ 3,775,385 19.7 % $ 765,589 4.0 % $ 1,148,384 6.0 % Total capital 3,940,516 20.6 % 1,531,178 8.0 % 1,913,973 10.0 % Tier 1 leverage 3,775,385 16.4 % 919,546 4.0 % 1,149,433 5.0 %
RJ Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Summary of Minimum Requirements Under Regulatory Framework	To meet the requirements for capital adequacy or to be categorized as “well capitalized,” RJ Bank must maintain minimum Common equity Tier 1, tier 1 risk-based, Total risk-based, and Tier 1 leverage amounts and ratios as set forth in the table below. Actual Requirement for capital adequacy purposes To be well capitalized under prompt corrective action provisions Amount Ratio Amount Ratio Amount Ratio ($ in thousands) RJ Bank as of June 30, 2015: (computed in accordance with Basel III) Common equity tier I capital $ 1,487,606 13.6 % $ 493,421 4.5 % $ 712,720 6.5 % Tier 1 capital 1,487,606 13.6 % 657,895 6.0 % 877,193 8.0 % Total capital 1,625,138 14.8 % 877,193 8.0 % 1,096,492 10.0 % Tier 1 leverage 1,487,606 11.1 % 538,271 4.0 % 672,839 5.0 % RJ Bank as of September 30, 2014: (computed in accordance with Basel I) Tier 1 capital $ 1,314,374 11.2 % $ 467,926 4.0 % $ 701,889 6.0 % Total capital 1,460,895 12.5 % 935,852 8.0 % 1,169,815 10.0 % Tier 1 leverage 1,314,374 10.7 % 492,186 4.0 % 615,232 5.0 %
Raymond James & 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 June 30, 2015 September 30, 2014 ($ in thousands) Raymond James & Associates, Inc.: (Alternative Method elected) Net capital as a percent of aggregate debit items 23.21 % 24.14 % Net capital $ 446,914 $ 442,866 Less: required net capital (38,510 ) (36,694 ) Excess net capital $ 408,404 $ 406,172
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 June 30, 2015 September 30, 2014 (in thousands) Raymond James Financial Services, Inc.: (Alternative Method elected) Net capital $ 26,294 $ 23,748 Less: required net capital (250 ) (250 ) Excess net capital $ 26,044 $ 23,498
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 dollars): As of June 30, 2015 September 30, 2014 (in thousands) Raymond James Ltd.: Risk adjusted capital before minimum $ 107,675 $ 107,645 Less: required minimum capital (250 ) (250 ) Risk adjusted capital $ 107,425 $ 107,395

FINANCIAL INSTRUMENTS WITH OF47

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)	9 Months Ended
	Jun. 30, 2015
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: June 30, 2015 (in thousands) Standby letters of credit $ 73,034 Open-end consumer lines of credit (primarily SBL) 2,311,018 Commercial lines of credit 1,468,284 Unfunded loan commitments 327,652

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Jun. 30, 2015
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: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands, except per share amounts) Income for basic earnings per common share: Net income attributable to RJF $ 133,195 $ 122,689 $ 372,954 $ 343,882 Less allocation of earnings and dividends to participating securities (1) (410 ) (710 ) (1,235 ) (2,250 ) Net income attributable to RJF common shareholders $ 132,785 $ 121,979 $ 371,719 $ 341,632 Income for diluted earnings per common share: Net income attributable to RJF $ 133,195 $ 122,689 $ 372,954 $ 343,882 Less allocation of earnings and dividends to participating securities (1) (403 ) (696 ) (1,211 ) (2,206 ) Net income attributable to RJF common shareholders $ 132,792 $ 121,993 $ 371,743 $ 341,676 Common shares: Average common shares in basic computation 143,252 140,270 142,303 139,747 Dilutive effect of outstanding stock options and certain restricted stock units 3,241 3,715 3,567 3,565 Average common shares used in diluted computation 146,493 143,985 145,870 143,312 Earnings per common share: Basic $ 0.93 $ 0.87 $ 2.61 $ 2.44 Diluted $ 0.91 $ 0.85 $ 2.55 $ 2.38 Stock options and certain restricted stock units excluded from weighted-average diluted common shares because their effect would be antidilutive 1,900 233 2,945 392 (1) Represents dividends paid during the period 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 449 thousand and 819 thousand for the three months ended June 30, 2015 and 2014 , respectively. Participating securities amounted to weighted-average shares of 478 thousand and 924 thousand for the nine months ended June 30, 2015 and 2014 , respectively. Dividends paid to participating securities amounted to $100 thousand for both the three months ended June 30, 2015 and 2014 . Dividends paid to participating securities amounted to $200 thousand and $400 thousand for the nine months ended June 30, 2015 and 2014 , 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: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 Dividends per common share - declared $ 0.18 $ 0.16 $ 0.54 $ 0.48 Dividends per common share - paid $ 0.18 $ 0.16 $ 0.52 $ 0.46

SEGMENT ANALYSIS (Tables)

SEGMENT ANALYSIS (Tables)	9 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Information Concerning Operations on a Segment Basis	Information concerning operations in these segments of business is as follows: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Revenues: Private Client Group $ 894,727 $ 822,741 $ 2,617,604 $ 2,423,071 Capital Markets 237,680 237,708 711,775 704,374 Asset Management 98,899 91,222 292,551 274,772 RJ Bank 107,244 93,740 315,590 264,770 Other 28,890 12,984 56,462 37,055 Intersegment eliminations (18,727 ) (17,112 ) (52,801 ) (49,360 ) Total revenues (1) $ 1,348,713 $ 1,241,283 $ 3,941,181 $ 3,654,682 Income (loss) excluding noncontrolling interests and before provision for income taxes: Private Client Group $ 86,363 $ 81,473 $ 254,527 $ 230,098 Capital Markets 18,287 28,009 66,788 91,025 Asset Management 31,554 31,306 102,445 93,006 RJ Bank 78,008 64,921 213,628 178,777 Other (6,082 ) (14,466 ) (46,030 ) (57,275 ) Pre-tax income excluding noncontrolling interests 208,130 191,243 591,358 535,631 Add: net loss attributable to noncontrolling interests (6,835 ) (12,310 ) (15,781 ) (24,887 ) Income including noncontrolling interests and before provision for income taxes $ 201,295 $ 178,933 $ 575,577 $ 510,744 (1) No individual client accounted for more than ten percent of total revenues in any of the periods presented. Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Net interest income (expense): Private Client Group $ 22,664 $ 21,769 $ 66,423 $ 67,355 Capital Markets 1,047 738 5,174 4,000 Asset Management (1 ) 27 90 68 RJ Bank 102,054 87,089 298,633 253,730 Other (16,341 ) (17,284 ) (48,605 ) (48,680 ) Net interest income $ 109,423 $ 92,339 $ 321,715 $ 276,473 The following table presents our total assets on a segment basis: June 30, 2015 September 30, 2014 (in thousands) Total assets: Private Client Group (1) $ 6,421,196 $ 6,255,176 Capital Markets (2) 2,666,314 2,645,926 Asset Management 177,450 186,170 RJ Bank 13,291,572 12,036,945 Other 2,251,884 2,201,435 Total $ 24,808,416 $ 23,325,652 (1) Includes $174.6 million of goodwill at June 30, 2015 and September 30, 2014 . (2) Includes $120.9 million of goodwill at June 30, 2015 and September 30, 2014 .
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: Three months ended June 30, Nine months ended June 30, 2015 2014 2015 2014 (in thousands) Revenues: United States $ 1,247,645 $ 1,134,841 $ 3,643,350 $ 3,316,872 Canada 71,928 73,993 209,221 238,487 Europe 20,242 22,984 65,367 73,568 Other 8,898 9,465 23,243 25,755 Total $ 1,348,713 $ 1,241,283 $ 3,941,181 $ 3,654,682 Pre-tax income (loss) excluding noncontrolling interests: United States $ 202,574 $ 184,832 $ 581,361 $ 505,015 Canada 5,706 5,653 13,193 26,196 Europe (573 ) (1,007 ) (4,299 ) (152 ) Other 423 1,765 1,103 4,572 Total $ 208,130 $ 191,243 $ 591,358 $ 535,631 Our total assets, classified by major geographic area in which they are held, are presented below: June 30, 2015 September 30, 2014 (in thousands) Total assets: United States (1) $ 23,025,785 $ 21,469,999 Canada (2) 1,684,861 1,773,703 Europe 37,807 39,872 Other 59,963 42,078 Total $ 24,808,416 $ 23,325,652 (1) Includes $262.5 million of goodwill at June 30, 2015 and September 30, 2014 . (2) Includes $33 million of goodwill at June 30, 2015 and September 30, 2014 .

INTRODUCTION AND BASIS OF PRE50

INTRODUCTION AND BASIS OF PRESENTATION (Details)	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Percent ownership of subsidiaries that are consolidated (in hundredths)	100.00%

UPDATE OF SIGNIFICANT ACCOUNT51

UPDATE OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
Brokerage client receivables, loans to financial advisors and allowance for doubtful accounts [Abstract]
Allowance for doubtful accounts balance associated with our loans to financial advisors	$ 3.6	$ 2.5
Loans associated with financial advisors no longer affiliated with us, net of allowance	$ 5.7

ACQUISITIONS (Details)

ACQUISITIONS (Details) $ in Billions	Jun. 30, 2015USD ($)
Cougar Global Investments, Ltd.
Business Acquisition [Line Items]
Assets under advisement acquired (more than)	$ 1

CASH AND CASH EQUIVALENTS, AS53

CASH AND CASH EQUIVALENTS, ASSETS SEGREGATED PURSUANT TO REGULATIONS, AND DEPOSITS WITH CLEARING ORGANIZATIONS (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2013
Cash and cash equivalents:
Cash in banks	$ 2,578,881	$ 2,195,683
Money market fund investments	3,200	3,380
Total cash and cash equivalents	2,582,081	2,199,063	$ 2,845,757	$ 2,596,616
Cash segregated pursuant to federal regulations and other segregated assets	2,513,086	2,489,264
Deposits with clearing organizations	200,372	150,457
Total cash and cash equivalents, assets segregated pursuant to regulations, and deposits with clearing organizations	5,295,539	4,838,784
Amount of cash and cash equivalents which are either held directly by RJF or are otherwise invested by one of our subsidiaries on behalf of RJF, and are available without restrictions	$ 1,240,000	$ 1,210,000

FAIR VALUE, Recurring and Nonre

FAIR VALUE, Recurring and Nonrecurring Fair Value Measurements (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014
Assets, Fair Value Disclosure
Total debt securities	$ 577,518		$ 602,973
Derivative contracts	33,772		28,205
Equity securities	31,934		34,142
Corporate loans	2,491		990
Other	28,328		13,083
Total trading instruments	674,043		679,393
Available for sale securities	443,975		562,289
Derivative instruments associated with offsetting matched book positions	327,826		323,337
Other real estate owned (OREO)	4,900		5,400
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	218,932		215,142
Derivative liability	26,574		12,372
Equity securities	20,045		10,886
Other securities	600		0
Trading instruments sold but not yet purchased	266,151		238,400
Derivative instruments associated with offsetting matched book positions	327,826		323,337
Transfers of Financial Instruments into (out of) Level 1 and 2 [Abstract]
Fair value of financial instruments, level 1 to level 2 transfers	1,100		800
Fair value of financial instruments, level 2 to level 1 transfers	1,100		1,300
Adjustments to fair value of nonrecurring fair value measurements [Abstract]
Additional provision for loan losses due to fair value adjustment	400	$ 200
Other losses due to fair value adjustment	100	$ 300
Recurring
Assets, Fair Value Disclosure
Total debt securities	577,518		602,973
Netting adjustments	(74,154)		(61,718)
Equity securities	31,934		34,142
Corporate loans	2,491		990
Other	28,328		13,083
Total trading instruments	674,043		679,393
Available for sale securities	443,975		562,289
Private equity investments	209,542		211,666
Other investments	191,130		215,751
Derivative instruments associated with offsetting matched book positions	327,826		323,337
Deposits with clearing organizations	23,714
Total assets at fair value on a recurring basis			1,995,685
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	218,932		215,142
Netting adjustments	(65,539)		(63,296)
Equity securities	20,045		10,886
Other securities	600
Trading instruments sold but not yet purchased	266,151		238,400
Derivative instruments associated with offsetting matched book positions	327,826		323,337
Other liabilities	1,745		58
Total liabilities at fair value on a recurring basis	595,722		561,795
Recurring | Municipal and provincial obligations
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	14,408		11,647
Recurring | Corporate obligations
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	12,172		15,333
Recurring | Government obligations
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	192,217		187,424
Recurring | Agency MBS and CMOs
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	135		738
Recurring | MK&Co
Adjustments to fair value of nonrecurring fair value measurements [Abstract]
Other investments with obligations to perform under deferred compensation plan	112,000		144,000
Recurring | Municipal and provincial obligations
Assets, Fair Value Disclosure
Total debt securities	221,373		203,889
Recurring | Corporate obligations
Assets, Fair Value Disclosure
Total debt securities	55,086		111,928
Recurring | Government and agency obligations
Assets, Fair Value Disclosure
Total debt securities	95,610		101,362
Recurring | Agency MBS and CMOs
Assets, Fair Value Disclosure
Total debt securities	151,875		127,419
Available for sale securities	228,347		267,720
Recurring | Non-agency CMOs
Assets, Fair Value Disclosure
Available for sale securities	73,790		91,918
Recurring | Other securities
Assets, Fair Value Disclosure
Available for sale securities	1,687		1,916
Recurring | Non-agency CMOs and ABS
Assets, Fair Value Disclosure
Total debt securities	53,574		58,375
Recurring | ARS - municipals
Assets, Fair Value Disclosure
Available for sale securities	28,037		86,696
Recurring | ARS - preferred securities
Assets, Fair Value Disclosure
Available for sale securities	112,114		114,039
Recurring | Other assets
Assets, Fair Value Disclosure
Netting adjustments	(74,154)
Other assets			787
Total other assets	9,337		3,249
Total assets at fair value on a recurring basis	1,879,567
Recurring | Quoted prices in active markets for identical assets (Level 1)
Assets, Fair Value Disclosure
Total debt securities	31,007		21,019
Equity securities	28,823		28,834
Corporate loans	0		0
Other	627		566
Total trading instruments	60,457		50,419
Available for sale securities	1,687		1,916
Private equity investments	0		0
Other investments	189,201		212,753
Derivative instruments associated with offsetting matched book positions	0		0
Deposits with clearing organizations	23,714
Total assets at fair value on a recurring basis			265,088
Total bank loans, net	0		0
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	206,711		199,284
Equity securities	19,954		10,884
Other securities	0
Trading instruments sold but not yet purchased	226,665		210,168
Derivative instruments associated with offsetting matched book positions	0		0
Other liabilities	0		0
Total liabilities at fair value on a recurring basis	226,665		210,168
Recurring | Quoted prices in active markets for identical assets (Level 1) | Municipal and provincial obligations
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	14,359		11,093
Recurring | Quoted prices in active markets for identical assets (Level 1) | Corporate obligations
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	20		29
Recurring | Quoted prices in active markets for identical assets (Level 1) | Government obligations
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	192,217		187,424
Recurring | Quoted prices in active markets for identical assets (Level 1) | Agency MBS and CMOs
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	115		738
Recurring | Quoted prices in active markets for identical assets (Level 1) | Municipal and provincial obligations
Assets, Fair Value Disclosure
Total debt securities	14,194		11,407
Recurring | Quoted prices in active markets for identical assets (Level 1) | Corporate obligations
Assets, Fair Value Disclosure
Total debt securities	934		1,989
Recurring | Quoted prices in active markets for identical assets (Level 1) | Government and agency obligations
Assets, Fair Value Disclosure
Total debt securities	11,806		7,376
Recurring | Quoted prices in active markets for identical assets (Level 1) | Agency MBS and CMOs
Assets, Fair Value Disclosure
Total debt securities	4,073		247
Available for sale securities	0		0
Recurring | Quoted prices in active markets for identical assets (Level 1) | Non-agency CMOs
Assets, Fair Value Disclosure
Available for sale securities	0		0
Recurring | Quoted prices in active markets for identical assets (Level 1) | Other securities
Assets, Fair Value Disclosure
Available for sale securities	1,687		1,916
Recurring | Quoted prices in active markets for identical assets (Level 1) | Non-agency CMOs and ABS
Assets, Fair Value Disclosure
Total debt securities	0		0
Recurring | Quoted prices in active markets for identical assets (Level 1) | ARS - municipals
Assets, Fair Value Disclosure
Available for sale securities	0		0
Recurring | Quoted prices in active markets for identical assets (Level 1) | ARS - preferred securities
Assets, Fair Value Disclosure
Available for sale securities	0		0
Recurring | Quoted prices in active markets for identical assets (Level 1) | Other assets
Assets, Fair Value Disclosure
Other assets			0
Total other assets	0		0
Total assets at fair value on a recurring basis	275,059
Recurring | Significant other observable inputs (Level 2)
Assets, Fair Value Disclosure
Total debt securities	546,292		581,943
Equity securities	3,097		5,264
Corporate loans	2,491		990
Other	26,067		10,208
Total trading instruments	685,873		688,328
Available for sale securities	302,137		359,638
Private equity investments	0		0
Other investments	1,192		1,267
Derivative instruments associated with offsetting matched book positions	327,826		323,337
Deposits with clearing organizations	0
Total assets at fair value on a recurring basis			1,375,032
Total bank loans, net	83,162		23,678
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	12,221		15,858
Equity securities	91		2
Other securities	600
Trading instruments sold but not yet purchased	105,025		91,528
Derivative instruments associated with offsetting matched book positions	327,826		323,337
Other liabilities	0		0
Total liabilities at fair value on a recurring basis	432,851		414,865
Recurring | Significant other observable inputs (Level 2) | Municipal and provincial obligations
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	49		554
Recurring | Significant other observable inputs (Level 2) | Corporate obligations
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	12,152		15,304
Recurring | Significant other observable inputs (Level 2) | Government obligations
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	0		0
Recurring | Significant other observable inputs (Level 2) | Agency MBS and CMOs
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	20		0
Recurring | Significant other observable inputs (Level 2) | Municipal and provincial obligations
Assets, Fair Value Disclosure
Total debt securities	207,179		192,482
Recurring | Significant other observable inputs (Level 2) | Corporate obligations
Assets, Fair Value Disclosure
Total debt securities	53,943		109,939
Recurring | Significant other observable inputs (Level 2) | Government and agency obligations
Assets, Fair Value Disclosure
Total debt securities	83,804		93,986
Recurring | Significant other observable inputs (Level 2) | Agency MBS and CMOs
Assets, Fair Value Disclosure
Total debt securities	147,802		127,172
Available for sale securities	228,347		267,720
Recurring | Significant other observable inputs (Level 2) | Non-agency CMOs
Assets, Fair Value Disclosure
Available for sale securities	73,790		91,918
Recurring | Significant other observable inputs (Level 2) | Other securities
Assets, Fair Value Disclosure
Available for sale securities	0		0
Recurring | Significant other observable inputs (Level 2) | Non-agency CMOs and ABS
Assets, Fair Value Disclosure
Total debt securities	53,564		58,364
Recurring | Significant other observable inputs (Level 2) | ARS - municipals
Assets, Fair Value Disclosure
Available for sale securities	0		0
Recurring | Significant other observable inputs (Level 2) | ARS - preferred securities
Assets, Fair Value Disclosure
Available for sale securities	0		0
Recurring | Significant other observable inputs (Level 2) | Other assets
Assets, Fair Value Disclosure
Other assets			0
Total other assets	9,337		2,462
Total assets at fair value on a recurring basis	1,326,365
Recurring | Significant unobservable inputs (level 3)
Assets, Fair Value Disclosure
Total debt securities	219		11
Equity securities	14		44
Corporate loans	0		0
Other	1,634		2,309
Total trading instruments	1,867		2,364
Available for sale securities	140,151		200,735
Private equity investments	209,542		211,666
Other investments	737		1,731
Derivative instruments associated with offsetting matched book positions	0		0
Deposits with clearing organizations	0
Total assets at fair value on a recurring basis			417,283
Total bank loans, net	11,837,522		10,738,136
Liabilities, Fair Value Disclosure [Abstract]
Total debt securities	0		0
Equity securities	0		0
Other securities	0
Trading instruments sold but not yet purchased	0		0
Derivative instruments associated with offsetting matched book positions	0		0
Other liabilities	1,745		58
Total liabilities at fair value on a recurring basis	1,745		58
Auction rate securities [Abstract]
Jefferson County, Alabama Limited Obligation School Warrants ARS			58,000
Private Equity Investments [Abstract]
Portion of significant private equity investments included in noncontrolling interests	54,000		55,000
Portion of private equity investments owned by parent	$ 156,000		$ 157,000
Weighted-average ownership percentage (in hundredths)	74.00%		74.00%
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
Total debt securities	0		0
Recurring | Significant unobservable inputs (level 3) | Corporate obligations
Assets, Fair Value Disclosure
Total debt securities	209		0
Recurring | Significant unobservable inputs (level 3) | Government and agency obligations
Assets, Fair Value Disclosure
Total debt securities	0		0
Recurring | Significant unobservable inputs (level 3) | Agency MBS and CMOs
Assets, Fair Value Disclosure
Total debt securities	0		0
Available for sale securities	0		0
Recurring | Significant unobservable inputs (level 3) | Non-agency CMOs
Assets, Fair Value Disclosure
Available for sale securities	0		0
Recurring | Significant unobservable inputs (level 3) | Other securities
Assets, Fair Value Disclosure
Available for sale securities	0		0
Recurring | Significant unobservable inputs (level 3) | Non-agency CMOs and ABS
Assets, Fair Value Disclosure
Total debt securities	10		11
Recurring | Significant unobservable inputs (level 3) | ARS - municipals
Assets, Fair Value Disclosure
Available for sale securities	28,037		86,696
Recurring | Significant unobservable inputs (level 3) | ARS - preferred securities
Assets, Fair Value Disclosure
Available for sale securities	112,114		114,039
Recurring | Significant unobservable inputs (level 3) | Other assets
Assets, Fair Value Disclosure
Other assets			787
Total other assets	0		787
Total assets at fair value on a recurring basis	352,297
Nonrecurring
Assets, Fair Value Disclosure
Total bank loans, net	86,220		112,938
Other real estate owned (OREO)	1,286		768
Total assets at fair value on a nonrecurring basis	87,506		113,706
Nonrecurring | Impaired loans
Assets, Fair Value Disclosure
Total bank loans, net	74,359		90,327
Nonrecurring | Loans held for sale
Assets, Fair Value Disclosure
Total bank loans, net	11,861		22,611
Nonrecurring | Quoted prices in active markets for identical assets (Level 1)
Assets, Fair Value Disclosure
Total bank loans, net	0		0
Other real estate owned (OREO)	0		0
Total assets at fair value on a nonrecurring basis	0		0
Nonrecurring | Quoted prices in active markets for identical assets (Level 1) | Impaired loans
Assets, Fair Value Disclosure
Total bank loans, net	0		0
Nonrecurring | Quoted prices in active markets for identical assets (Level 1) | Loans held for sale
Assets, Fair Value Disclosure
Total bank loans, net	0		0
Nonrecurring | Significant other observable inputs (Level 2)
Assets, Fair Value Disclosure
Total bank loans, net	41,122		57,410
Other real estate owned (OREO)	1,286		768
Total assets at fair value on a nonrecurring basis	42,408		58,178
Nonrecurring | Significant other observable inputs (Level 2) | Impaired loans
Assets, Fair Value Disclosure
Total bank loans, net	29,261		34,799
Nonrecurring | Significant other observable inputs (Level 2) | Loans held for sale
Assets, Fair Value Disclosure
Total bank loans, net	11,861		22,611
Nonrecurring | Significant unobservable inputs (level 3)
Assets, Fair Value Disclosure
Total bank loans, net	45,098		55,528
Other real estate owned (OREO)	0		0
Total assets at fair value on a nonrecurring basis	45,098		55,528
Nonrecurring | Significant unobservable inputs (level 3) | Impaired loans
Assets, Fair Value Disclosure
Total bank loans, net	45,098		55,528
Nonrecurring | Significant unobservable inputs (level 3) | Loans held for sale
Assets, Fair Value Disclosure
Total bank loans, net	0		0
Interest rate contract | Recurring
Assets, Fair Value Disclosure
Netting adjustments	(74,154)		(61,718)
Derivative contracts	33,772		28,205
Liabilities, Fair Value Disclosure [Abstract]
Netting adjustments	(65,539)		(63,296)
Derivative liability	26,574		12,372
Interest rate contract | Recurring | Other assets
Assets, Fair Value Disclosure
Derivative contracts	3,318
Interest rate contract | Recurring | Quoted prices in active markets for identical assets (Level 1)
Assets, Fair Value Disclosure
Derivative contracts	0		0
Liabilities, Fair Value Disclosure [Abstract]
Derivative contracts	0		0
Interest rate contract | Recurring | Quoted prices in active markets for identical assets (Level 1) | Other assets
Assets, Fair Value Disclosure
Derivative contracts	0
Interest rate contract | Recurring | Significant other observable inputs (Level 2)
Assets, Fair Value Disclosure
Derivative contracts	107,926		89,923
Liabilities, Fair Value Disclosure [Abstract]
Derivative contracts	92,113		75,668
Interest rate contract | Recurring | Significant other observable inputs (Level 2) | Other assets
Assets, Fair Value Disclosure
Derivative contracts	3,318
Interest rate contract | Recurring | Significant unobservable inputs (level 3)
Assets, Fair Value Disclosure
Derivative contracts	0		0
Liabilities, Fair Value Disclosure [Abstract]
Derivative contracts	0		0
Interest rate contract | Recurring | Significant unobservable inputs (level 3) | Other assets
Assets, Fair Value Disclosure
Derivative contracts	0
Forward foreign exchange contracts | Recurring
Assets, Fair Value Disclosure
Derivative contracts	6,019
Forward foreign exchange contracts | Recurring | Other assets
Assets, Fair Value Disclosure
Derivative contracts			2,462
Forward foreign exchange contracts | Recurring | Quoted prices in active markets for identical assets (Level 1)
Assets, Fair Value Disclosure
Derivative contracts	0
Forward foreign exchange contracts | Recurring | Quoted prices in active markets for identical assets (Level 1) | Other assets
Assets, Fair Value Disclosure
Derivative contracts			0
Forward foreign exchange contracts | Recurring | Significant other observable inputs (Level 2)
Assets, Fair Value Disclosure
Derivative contracts	6,019
Forward foreign exchange contracts | Recurring | Significant other observable inputs (Level 2) | Other assets
Assets, Fair Value Disclosure
Derivative contracts			2,462
Forward foreign exchange contracts | Recurring | Significant unobservable inputs (level 3)
Assets, Fair Value Disclosure
Derivative contracts	$ 0
Forward foreign exchange contracts | Recurring | Significant unobservable inputs (level 3) | Other assets
Assets, Fair Value Disclosure
Derivative contracts			$ 0

FAIR VALUE, Level 3 Financial A

FAIR VALUE, Level 3 Financial Assets and Liabilities, Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Percentage of instruments measured at fair value on a recurring basis
Instruments measured at fair value, percentage of assets (in hundredths)	7.60%	8.50%	7.60%	8.50%
Instruments measured at fair value, percentage of liabilities (in hundredths)	3.00%	3.00%	3.00%	3.00%
Instruments measured at fair value, level 3, percentage of assets (in hundredths)	19.00%	22.00%	19.00%	22.00%
Percentage change of level 3 financial instruments from prior year period	(3.00%)		(3.00%)
Payables-trade and other | Other liabilities
Changes in Level 3 recurring fair value measurements, liabilities [Roll Forward]
Fair value at beginning of period	$ (58)	$ (82)	$ (58)	$ (60)
Total gains (losses) for the period:
Included in earnings	(1,687)	2	(1,687)	2
Included in other comprehensive income	0	0	0	0
Purchases and contributions	0	0	0	0
Sales	0	0	0	0
Redemptions by issuer	0	0	0	0
Distributions	0	0	0	0
Transfers:
Into level 3	0	0	0	0
Out of level 3	0	22	0	0
Fair value at end of period	(1,745)	(58)	(1,745)	(58)
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net liabilities) for liabilities held at the end of the reporting period	(3,868)	0	(2,459)	0
Trading instruments | Corporate obligations
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period	0		0
Total gains (losses) for the period:
Included in earnings	0		0
Included in other comprehensive income	0		0
Purchases and contributions	0		0
Sales	0
Redemptions by issuer	0		0
Distributions	0		0
Transfers:
Into Level 3	209		209
Out of Level 3	0		0
Fair value at end of period	209		209
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period	0		0
Trading instruments | Non-agency CMOs and ABS
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period	10	13	11	14
Total gains (losses) for the period:
Included in earnings	0	(1)	0	(1)
Included in other comprehensive income	0	0	0	0
Purchases and contributions	0	0	0	0
Sales	0	0	0	0
Redemptions by issuer	0	0	0	0
Distributions	0	0	(1)	(1)
Transfers:
Into Level 3	0	0	0	0
Out of Level 3	0	0	0	0
Fair value at end of period	10	12	10	12
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period	0	(1)	0	19
Trading instruments | Equity securities
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period	14	37	44	35
Total gains (losses) for the period:
Included in earnings	0	2	5	6
Included in other comprehensive income	0	0	0	0
Purchases and contributions	0	78	20	102
Sales	0	(65)	0	(91)
Redemptions by issuer	0	0	0	0
Distributions	0	0	0	0
Transfers:
Into Level 3	0	0	0	0
Out of Level 3	0	0	(55)	0
Fair value at end of period	14	52	14	52
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period	0	2	5	6
Trading instruments | Other
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period	780	2,703	2,309	3,956
Total gains (losses) for the period:
Included in earnings	(26)	(162)	(66)	(363)
Included in other comprehensive income	0	0	0	0
Purchases and contributions	1,458	5,917	24,791	16,365
Sales	(578)	(7,505)	(25,400)	(19,005)
Redemptions by issuer	0	0	0	0
Distributions	0	0	0	0
Transfers:
Into Level 3	0	0	0	0
Out of Level 3	0	0	0	0
Fair value at end of period	1,634	953	1,634	953
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period	0	(42)	0	(42)
Available for sale securities | Non-agency CMOs
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period		38		78
Total gains (losses) for the period:
Included in earnings		0		(27)
Included in other comprehensive income		1		22
Purchases and contributions		0		0
Sales		(38)		(38)
Redemptions by issuer		0		0
Distributions		(1)		(35)
Transfers:
Into Level 3		0		0
Out of Level 3		0		0
Fair value at end of period		0		0
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period		0		0
Available for sale securities | ARS - municipals
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period	89,614	109,960	86,696	130,934
Total gains (losses) for the period:
Included in earnings	11,040	542	11,042	6,126
Included in other comprehensive income	(9,051)	1,060	(6,090)	1,998
Purchases and contributions	0	0	0	0
Sales	(63,566)	(511)	(63,611)	(881)
Redemptions by issuer	0	(350)	0	(27,476)
Distributions	0	0	0	0
Transfers:
Into Level 3	0	0	0	0
Out of Level 3	0	0	0	0
Fair value at end of period	28,037	110,701	28,037	110,701
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period	(77)	1,060	(888)	1,998
Available for sale securities | ARS - preferred securities
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period	112,448	112,215	114,039	110,784
Total gains (losses) for the period:
Included in earnings	0	0	25	44
Included in other comprehensive income	(334)	1,234	(1,700)	2,946
Purchases and contributions	0	0	0	0
Sales	0	0	0	0
Redemptions by issuer	0	0	(250)	(325)
Distributions	0	0	0	0
Transfers:
Into Level 3	0	0	0	0
Out of Level 3	0	0	0	0
Fair value at end of period	112,114	113,449	112,114	113,449
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period	(334)	1,234	(1,700)	2,946
Private equity, other investments and other assets | Private equity investments
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period	220,944	191,401	211,666	216,391
Total gains (losses) for the period:
Included in earnings	12,700	3,831	29,760	8,612
Included in other comprehensive income	0	0	0	0
Purchases and contributions	1,022	3,982	7,365	13,314
Sales	(1,696)	0	(1,696)	(7,076)
Redemptions by issuer	0	0	0	0
Distributions	(23,428)	(18,244)	(37,553)	(31,694)
Transfers:
Into Level 3	0	27,906	0	11,924
Out of Level 3	0	0	0	(2,595)
Fair value at end of period	209,542	208,876	209,542	208,876
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period	12,954	3,831	30,015	8,612
Valuation adjustments of certain private equity investments
Share of the net valuation adjustments gain	9,000	4,700	21,200	9,100
Noncontrolling interests' share of the net valuation adjustments gain	3,700	900	8,600	500
Private equity, other investments and other assets | Other investments
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period	916	1,788	1,731	4,607
Total gains (losses) for the period:
Included in earnings	16	89	97	162
Included in other comprehensive income	0	0	0	0
Purchases and contributions	0	0	0	63
Sales	0	0	0	(2,698)
Redemptions by issuer	(8)	(12)	(681)	(40)
Distributions	(187)	(29)	(410)	(258)
Transfers:
Into Level 3	0	0	0	0
Out of Level 3	0	0	0	0
Fair value at end of period	737	1,836	737	1,836
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period	16	89	97	252
Private equity, other investments and other assets | Other receivables
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period				2,778
Total gains (losses) for the period:
Included in earnings				(2,778)
Included in other comprehensive income				0
Purchases and contributions				0
Sales				0
Redemptions by issuer				0
Distributions				0
Transfers:
Into Level 3				0
Out of Level 3				0
Fair value at end of period		0		0
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period				0
Private equity, other investments and other assets | Other assets
Changes in Level 3 recurring fair value measurements, assets [Roll Forward]
Fair value at beginning of period	2,196	15	787	15
Total gains (losses) for the period:
Included in earnings	(2,196)	2,837	(787)	2,837
Included in other comprehensive income	0	0	0	0
Purchases and contributions	0	0	0	0
Sales	0	0	0	0
Redemptions by issuer	0	0	0	0
Distributions	0	0	0	0
Transfers:
Into Level 3	0	0	0	0
Out of Level 3	0	0	0	0
Fair value at end of period	0	2,852	0	2,852
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets/liabilities) for assets/liabilities held at the end of the reporting period
Change in unrealized gains (losses) for the period included in earnings (or changes in net assets) for assets held at the end of the reporting period	$ 0	$ 2,837	$ 0	$ 2,837

FAIR VALUE, Gains and Losses (R

FAIR VALUE, Gains and Losses (Realized and Unrealized) Included in Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net trading profits
Gains and Losses (Realized and Unrealized) Included in Revenues [Line Items]
Total (losses) gains included in revenues	$ (26)	$ (161)	$ (61)	$ (358)
Change in unrealized (losses) gains for assets held at the end of the reporting period	0	(41)	5	(17)
Other revenues
Gains and Losses (Realized and Unrealized) Included in Revenues [Line Items]
Total (losses) gains included in revenues	19,873	7,301	38,450	14,978
Change in unrealized (losses) gains for assets held at the end of the reporting period	$ 8,691	$ 9,051	$ 25,065	$ 16,645

FAIR VALUE, Significant Assumpt

FAIR VALUE, Significant Assumptions Used in Valuation of Level 3 Financial Instruments (Details) - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2015	Sep. 30, 2014
Recurring
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a recurring basis		$ 1,995,685
Nonrecurring
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a nonrecurring basis	$ 87,506	113,706
Significant unobservable inputs (level 3) | Recurring
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a recurring basis		417,283
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Probability weighted internal scenario models
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a recurring basis	$ 10,482
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Probability weighted internal scenario 1 | Minimum
Fair Value Inputs [Abstract]
Observed trades (in inactive markets) of in-portfolio securities	70.00%
Weighting assigned to outcome of scenario 1 / scenario 2	20.00%
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Probability weighted internal scenario 1 | Maximum
Fair Value Inputs [Abstract]
Observed trades (in inactive markets) of in-portfolio securities	70.00%
Weighting assigned to outcome of scenario 1 / scenario 2	80.00%
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Probability weighted internal scenario 1 | Weighted average
Fair Value Inputs [Abstract]
Observed trades (in inactive markets) of in-portfolio securities	70.00%
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Probability weighted internal scenario 2 | Minimum
Fair Value Inputs [Abstract]
Average discount rate	5.69%
Average interest rates applicable to future interest income on the securities	1.64%
Prepayment year	Dec. 31, 2018
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Probability weighted internal scenario 2 | Maximum
Fair Value Inputs [Abstract]
Average discount rate	7.56%
Average interest rates applicable to future interest income on the securities	3.87%
Prepayment year	Dec. 31, 2025
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Probability weighted internal scenario 2 | Weighted average
Fair Value Inputs [Abstract]
Average discount rate	6.63%
Average interest rates applicable to future interest income on the securities	2.76%
Prepayment year	Dec. 31, 2022
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Discounted cash flow
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a recurring basis	$ 17,555
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Discounted cash flow | Minimum
Fair Value Inputs [Abstract]
Average discount rate	3.50%
Average interest rates applicable to future interest income on the securities	1.41%
Prepayment year	Dec. 31, 2018
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Discounted cash flow | Maximum
Fair Value Inputs [Abstract]
Average discount rate	6.56%
Average interest rates applicable to future interest income on the securities	5.12%
Prepayment year	Dec. 31, 2025
Significant unobservable inputs (level 3) | Recurring | ARS - municipals | Discounted cash flow | Weighted average
Fair Value Inputs [Abstract]
Average discount rate	4.13%
Average interest rates applicable to future interest income on the securities	1.63%
Prepayment year	Dec. 31, 2020
Significant unobservable inputs (level 3) | Recurring | ARS - preferred securities | Discounted cash flow
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a recurring basis	$ 112,114
Significant unobservable inputs (level 3) | Recurring | ARS - preferred securities | Discounted cash flow | Minimum
Fair Value Inputs [Abstract]
Average discount rate	3.73%
Average interest rates applicable to future interest income on the securities	2.17%
Prepayment year	Dec. 31, 2015
Significant unobservable inputs (level 3) | Recurring | ARS - preferred securities | Discounted cash flow | Maximum
Fair Value Inputs [Abstract]
Average discount rate	5.37%
Average interest rates applicable to future interest income on the securities	3.67%
Prepayment year	Dec. 31, 2020
Significant unobservable inputs (level 3) | Recurring | ARS - preferred securities | Discounted cash flow | Weighted average
Fair Value Inputs [Abstract]
Average discount rate	4.49%
Average interest rates applicable to future interest income on the securities	2.28%
Prepayment year	Dec. 31, 2020
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Probability weighted internal scenario models
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a recurring basis	$ 46,402
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Probability weighted internal scenario 1 | Minimum
Fair Value Inputs [Abstract]
Weighting assigned to outcome of scenario 1 / scenario 2	72.00%
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Probability weighted internal scenario 1 | Maximum
Fair Value Inputs [Abstract]
Weighting assigned to outcome of scenario 1 / scenario 2	28.00%
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Discounted cash flow | Minimum
Fair Value Inputs [Abstract]
Discount rate	13.00%
Terminal growth rate of cash flows	3.00%
Terminal year	Dec. 31, 2016
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Discounted cash flow | Maximum
Fair Value Inputs [Abstract]
Discount rate	17.50%
Terminal growth rate of cash flows	3.00%
Terminal year	Dec. 31, 2018
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Discounted cash flow | Weighted average
Fair Value Inputs [Abstract]
Discount rate	15.90%
Terminal growth rate of cash flows	3.00%
Terminal year	Dec. 31, 2017
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Scenario 2 - market approach - market multiple method | Minimum
Fair Value Inputs [Abstract]
EBITDA multiple	4.75
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Scenario 2 - market approach - market multiple method | Maximum
Fair Value Inputs [Abstract]
EBITDA multiple	7.50
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Scenario 2 - market approach - market multiple method | Weighted average
Fair Value Inputs [Abstract]
EBITDA multiple	6.30
Significant unobservable inputs (level 3) | Recurring | Private equity investments | Transaction price or other investment-specific events
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a recurring basis	$ 163,140
Significant unobservable inputs (level 3) | Recurring | Impaired loans residential | Discounted cash flow | Minimum
Fair Value Inputs [Abstract]
Prepayment rate (in years)	7 years
Significant unobservable inputs (level 3) | Recurring | Impaired loans residential | Discounted cash flow | Maximum
Fair Value Inputs [Abstract]
Prepayment rate (in years)	12 years
Significant unobservable inputs (level 3) | Recurring | Impaired loans residential | Discounted cash flow | Weighted average
Fair Value Inputs [Abstract]
Prepayment rate (in years)	10 years 3 months 18 days
Significant unobservable inputs (level 3) | Nonrecurring
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a nonrecurring basis	$ 45,098	$ 55,528
Significant unobservable inputs (level 3) | Nonrecurring | Impaired loans residential | Discounted cash flow | Minimum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a nonrecurring basis	24,069
Significant unobservable inputs (level 3) | Nonrecurring | Impaired loans corporate | Appraisal, discounted cash flow, or distressed enterprise value
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Total assets at fair value on a nonrecurring basis	$ 21,029

FAIR VALUE, Carrying Amounts an

FAIR VALUE, Carrying Amounts and Estimated Fair Value of Financial Instruments Not Carried at Fair Value (Details) - Recurring - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Total estimated fair value
Financial assets:
Bank loans, net	$ 11,920,684	$ 10,761,814
Financial liabilities:
Bank deposits	11,011,726	10,028,455
Corporate debt	1,299,860	1,321,270
Carrying amount
Financial assets:
Bank loans, net	11,972,597	10,857,662
Financial liabilities:
Bank deposits	11,010,616	10,028,924
Corporate debt	1,187,934	1,190,836
Quoted prices in active markets for identical assets (Level 1)
Financial assets:
Bank loans, net	0	0
Financial liabilities:
Bank deposits	0	0
Corporate debt	366,240	366,100
Significant other observable inputs (Level 2)
Financial assets:
Bank loans, net	83,162	23,678
Financial liabilities:
Bank deposits	10,663,758	9,684,221
Corporate debt	933,620	955,170
Significant unobservable inputs (level 3)
Financial assets:
Bank loans, net	11,837,522	10,738,136
Financial liabilities:
Bank deposits	347,968	344,234
Corporate debt	$ 0	$ 0

TRADING INSTRUMENTS AND TRADI59

TRADING INSTRUMENTS AND TRADING INSTRUMENTS SOLD BUT NOT YET PURCHASED (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Trading Securities [Abstract]
Total debt securities	$ 577,518	$ 602,973
Derivative contracts	33,772	28,205
Equity securities	31,934	34,142
Corporate loans	2,491	990
Other	28,328	13,083
Trading instruments	674,043	679,393
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]
Total debt securities	218,932	215,142
Derivative liability	26,574	12,372
Equity securities	20,045	10,886
Corporate loans	0	0
Other	600	0
Instruments sold but not yet purchased	266,151	238,400
Municipal and provincial obligations
Trading Securities [Abstract]
Total debt securities	221,373	203,889
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]
Total debt securities	14,408	11,647
Corporate obligations
Trading Securities [Abstract]
Total debt securities	55,086	111,928
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]
Total debt securities	12,172	15,333
Government and agency obligations
Trading Securities [Abstract]
Total debt securities	95,610	101,362
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]
Total debt securities	192,217	187,424
Agency MBS and CMOs
Trading Securities [Abstract]
Total debt securities	151,875	127,419
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]
Total debt securities	135	738
Non-agency CMOs and ABS
Trading Securities [Abstract]
Total debt securities	53,574	58,375
Financial Instruments Sold, Not yet Purchased, at Fair Value [Abstract]
Total debt securities	$ 0	$ 0

AVAILABLE FOR SALE SECURITIES,

AVAILABLE FOR SALE SECURITIES, Sale of Available-for-sale Securities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Sales of Available for Sale Securities [Abstract]
Proceeds from sales of available for sale securities			$ 84,784	$ 27,463
RJ Bank available for sale securities
Sales of Available for Sale Securities [Abstract]
Proceeds from sales of available for sale securities	$ 12,200	$ 26,600	12,200	26,600
Auction rate securities
Sales of Available for Sale Securities [Abstract]
Proceeds from sales of available for sale securities	63,600	900	63,900	28,700
Other revenues | RJ Bank available for sale securities
Sales of Available for Sale Securities [Abstract]
Available-for-sale securities, gross realized gain (loss)	(600)	300	(600)	300
Other revenues | Auction rate securities
Sales of Available for Sale Securities [Abstract]
Available-for-sale securities, gross realized gain (loss)	$ 11,000	$ 500	$ 11,100	$ 6,200

AVAILABLE FOR SALE SECURITIES61

AVAILABLE FOR SALE SECURITIES, Amortized Cost and Fair Values of AFS Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Schedule of Available for Sale Securities [Abstract]
Cost basis	$ 441,209	$ 554,509
Gross unrealized gains	9,530	16,972
Gross unrealized losses	(6,764)	(9,192)
Fair value	443,975	562,289
RJ Bank
Schedule of Available for Sale Securities [Abstract]
Cost basis	307,941	368,448
Gross unrealized gains	1,057	1,219
Gross unrealized losses	(5,174)	(8,113)
Fair value	303,824	361,554
RJ Bank | Agency MBS and CMOs
Schedule of Available for Sale Securities [Abstract]
Cost basis	227,932	267,927
Gross unrealized gains	928	822
Gross unrealized losses	(513)	(1,029)
Fair value	228,347	267,720
RJ Bank | Non-agency CMOs
Schedule of Available for Sale Securities [Abstract]
Cost basis	78,434	98,946
Gross unrealized gains	17	56
Gross unrealized losses	(4,661)	(7,084)
Fair value	73,790	91,918
Non-credit portion of OTTI recorded in AOCI, before tax	3,700	6,100
RJ Bank | Other securities
Schedule of Available for Sale Securities [Abstract]
Cost basis	1,575	1,575
Gross unrealized gains	112	341
Gross unrealized losses	0	0
Fair value	1,687	1,916
Non-broker-dealer subsidiaries | Auction rate securities
Schedule of Available for Sale Securities [Abstract]
Cost basis	133,268	186,061
Gross unrealized gains	8,473	15,753
Gross unrealized losses	(1,590)	(1,079)
Fair value	140,151	200,735
Non-broker-dealer subsidiaries | ARS - municipals
Schedule of Available for Sale Securities [Abstract]
Cost basis	28,966	81,535
Gross unrealized gains	661	6,240
Gross unrealized losses	(1,590)	(1,079)
Fair value	28,037	86,696
Non-broker-dealer subsidiaries | ARS - preferred securities
Schedule of Available for Sale Securities [Abstract]
Cost basis	104,302	104,526
Gross unrealized gains	7,812	9,513
Gross unrealized losses	0	0
Fair value	$ 112,114	$ 114,039

AVAILABLE FOR SALE SECURITIES62

AVAILABLE FOR SALE SECURITIES, Contractual Maturities (Details) - Jun. 30, 2015 - USD ($) $ in Thousands	Total
Amortized cost
Within one year	$ 0
After one but within five years	6,696
After five but within ten years	12,956
After ten years	421,557
Total	441,209
Carry value
Within one year	0
After one but within five years	6,710
After five but within ten years	13,037
After ten years	424,228
Total	$ 443,975
Weighted-average yield
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.49%
After five but within ten years (in hundredths)	1.30%
After ten years (in hundredths)	1.01%
Total (in hundredths)	1.01%
RJ Bank | Agency MBS and CMOs
Amortized cost
Within one year	$ 0
After one but within five years	6,696
After five but within ten years	12,956
After ten years	208,280
Total	227,932
Carry value
Within one year	0
After one but within five years	6,710
After five but within ten years	13,037
After ten years	208,600
Total	$ 228,347
Weighted-average yield
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.49%
After five but within ten years (in hundredths)	1.30%
After ten years (in hundredths)	1.01%
Total (in hundredths)	1.01%
RJ Bank | Non-agency CMOs:
Amortized cost
Within one year	$ 0
After one but within five years	0
After five but within ten years	0
After ten years	78,434
Total	78,434
Carry value
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	73,790
Total	$ 73,790
Weighted-average yield
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)	2.43%
Total (in hundredths)	2.43%
RJ Bank | Other securities
Amortized cost
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
Carry value
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	1,687
Total	$ 1,687
Weighted-average yield
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
Within one year	$ 0
After one but within five years	6,696
After five but within ten years	12,956
After ten years	288,289
Total	307,941
Carry value
Within one year	0
After one but within five years	6,710
After five but within ten years	13,037
After ten years	284,077
Total	$ 303,824
Weighted-average yield
Within one year (in hundredths)	0.00%
After one but within five years (in hundredths)	0.49%
After five but within ten years (in hundredths)	1.30%
After ten years (in hundredths)	1.38%
Total (in hundredths)	1.36%
Non-broker-dealer subsidiaries | ARS - municipals
Amortized cost
Within one year	$ 0
After one but within five years	0
After five but within ten years	0
After ten years	28,966
Total	28,966
Carry value
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	28,037
Total	$ 28,037
Weighted-average yield
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)	0.17%
Total (in hundredths)	0.17%
Non-broker-dealer subsidiaries | ARS - preferred securities
Amortized cost
Within one year	$ 0
After one but within five years	0
After five but within ten years	0
After ten years	104,302
Total	104,302
Carry value
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	112,114
Total	$ 112,114
Weighted-average yield
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)	0.27%
Total (in hundredths)	0.27%
Non-broker-dealer subsidiaries | Auction rate securities
Amortized cost
Within one year	$ 0
After one but within five years	0
After five but within ten years	0
After ten years	133,268
Total	133,268
Carry value
Within one year	0
After one but within five years	0
After five but within ten years	0
After ten years	140,151
Total	$ 140,151
Weighted-average yield
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)	0.25%
Total (in hundredths)	0.25%

AVAILABLE FOR SALE SECURITIES63

AVAILABLE FOR SALE SECURITIES, Gross Unrealized Losses and Fair Value and Significant Assumptions (Details) $ in Thousands	9 Months Ended
	Jun. 30, 2015USD ($)ratingsecurities	Sep. 30, 2014USD ($)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Estimated fair value less than 12 months	$ 12,950	$ 23,568
Estimated fair value 12 months or more	122,939	153,730
Total estimated fair value	135,889	177,298
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Unrealized losses less than 12 months	(93)	(410)
Unrealized losses 12 months or more	(6,671)	(8,782)
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	(6,764)	(9,192)
Auction rate securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Par value	$ 155,900
Minimum number of agencies rating ARS preferred securities as investment grade | rating	1
RJ Bank | Agency MBS and CMOs
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Estimated fair value less than 12 months	$ 2,997	18,062
Estimated fair value 12 months or more	48,038	71,688
Total estimated fair value	51,035	89,750
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Unrealized losses less than 12 months	(46)	(53)
Unrealized losses 12 months or more	(467)	(976)
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ (513)	(1,029)
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Number of securities in unrealized loss position, less than 12 months | securities	1
Number of securities in unrealized loss position greater than 12 months | securities	6
RJ Bank | Non-agency CMOs
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Estimated fair value less than 12 months	$ 9,727	5,506
Estimated fair value 12 months or more	63,338	69,970
Total estimated fair value	73,065	75,476
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Unrealized losses less than 12 months	(46)	(357)
Unrealized losses 12 months or more	(4,615)	(6,727)
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ (4,661)	(7,084)
Available-for-sale Securities, Continuous Unrealized Loss Position, Qualitative Disclosure [Abstract]
Number of securities in unrealized loss position, less than 12 months | securities	3
Number of securities in unrealized loss position greater than 12 months | securities	12
Number of securities in unrealized loss position | securities	15
Number of available-for-sale investment positions | securities	16
RJ Bank | Non-agency CMOs | Low end
Significant Assumptions
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
Default rate (in hundredths)	7.00%
Loss severity (in hundredths)	73.80%
Prepayment rate (in hundredths)	15.30%
RJ Bank | Non-agency CMOs | Weighted average
Significant Assumptions
Default rate (in hundredths)	3.86%
Loss severity (in hundredths)	39.33%
Prepayment rate (in hundredths)	7.74%
Non-broker-dealer subsidiaries | ARS - municipals
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Estimated fair value less than 12 months	$ 226	0
Estimated fair value 12 months or more	11,563	12,072
Total estimated fair value	11,789	12,072
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss [Abstract]
Unrealized losses less than 12 months	(1)	0
Unrealized losses 12 months or more	(1,589)	(1,079)
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ (1,590)	$ (1,079)

AVAILABLE FOR SALE SECURTIES, O

AVAILABLE FOR SALE SECURTIES, OTTI Related to Credit Losses Recognized in Other Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Amount related to credit losses on securities we held at the beginning of the period	$ 18,703	$ 28,244	$ 18,703	$ 28,217
Decreases to the amount related to credit loss for securities sold during the period	(6,856)	(9,541)	(6,856)	(9,541)
Additional increases to the amount related to credit loss for which an OTTI was previously recognized	0	0	0	27
Amount related to credit losses on securities we held at the end of the period	$ 11,847	$ 18,703	$ 11,847	$ 18,703

BANK LOANS, NET, Held for Sale

BANK LOANS, NET, Held for Sale and Held for Investment (Details) $ in Thousands	Jun. 30, 2015USD ($)segment	Sep. 30, 2014USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loan portfolio segments | segment	6
Loans Receivable Held-for-sale, Net [Abstract]
Loans receivable held-for-sale, net	$ 92,227	$ 45,988
Loans held for investment:
Total loans held for investment	12,155,612	11,103,418
Net unearned income and deferred expenses	(33,530)	(37,533)
Total loans held for investment, net	12,122,082	11,065,885
Total loans held for sale and investment	12,214,309	11,111,873
Allowance for loan losses	(160,631)	(147,574)
Bank loans, net	$ 12,053,678	$ 10,964,299
Associated percentage of each major loan category in loan portfolios [Abstract]
Loans held for sale, net (in hundredths)	1.00%	0.00%
Total loans held for sale and investment (in hundredths)	100.00%	100.00%
Domestic
Loans held for investment:
C&I loans	$ 5,609,932	$ 5,378,592
CRE construction loans	90,866	76,733
CRE loans	1,529,324	1,415,093
Tax-exempt loans	385,234	122,218
Residential mortgage loans	1,947,715	1,749,513
SBL	$ 1,389,227	$ 1,021,358
Associated percentage of each major loan category in loan portfolios [Abstract]
C&I loans (in hundredths)	46.00%	49.00%
CRE construction loans (in hundredths)	1.00%	1.00%
CRE loans (in hundredths)	12.00%	13.00%
Tax-exempt loans (in hundredths)	3.00%	1.00%
Residential mortgage loans (in hundredths)	16.00%	16.00%
SBL (in hundredths)	11.00%	9.00%
Foreign
Loans held for investment:
C&I loans	$ 929,710	$ 1,043,755
CRE construction loans	29,401	17,462
CRE loans	239,456	274,070
Residential mortgage loans	2,846	2,234
SBL	$ 1,901	$ 2,390
Associated percentage of each major loan category in loan portfolios [Abstract]
C&I loans (in hundredths)	8.00%	9.00%
CRE construction loans (in hundredths)	0.00%	0.00%
CRE loans (in hundredths)	2.00%	2.00%
Residential mortgage loans (in hundredths)	0.00%	0.00%
SBL (in hundredths)	0.00%	0.00%

BANK LOANS, NET, Originations,

BANK LOANS, NET, Originations, Purchases, and Sales (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Purchases and sales of loans held for investment by portfolio segment [Abstract]
Sales		$ 60,492
Loans held for sale
Payments for Origination and Purchases of Loans Held-for-sale [Abstract]
Loans held for sale originated or purchased	$ 242,300	195,400	$ 859,900	$ 743,700
Proceeds from Sale of Loans Held-for-sale [Abstract]
Proceeds from sale of loans held-for-sale	65,200	39,500	162,700	133,600
Gain (loss) of loans held-for-sale	600	200	1,300	500
Unrealized gain (loss) of loans held-for-sale		(200)	(200)	(300)
Loans held for investment
Purchases and sales of loans held for investment by portfolio segment [Abstract]
Purchases	192,363	106,145	665,953	371,616
Sales	23,068		55,428	191,815
Loans held for investment | C&I loans
Purchases and sales of loans held for investment by portfolio segment [Abstract]
Purchases	186,982	105,214	447,263	342,950
Sales	23,068	60,492	55,428	191,815
Loans held for investment | Residential mortgage loans
Purchases and sales of loans held for investment by portfolio segment [Abstract]
Purchases	5,381	931	218,690	28,666
Sales	$ 0	$ 0	0	$ 0
Significant purchase in one portfolio			$ 207,300

BANK LOANS, NET, Analysis of Pa

BANK LOANS, NET, Analysis of Payment Status of Loans Held for Investment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014
Analysis of payment status of loans held for investment [Abstract]
30-89 days and accruing	$ 4,948		$ 4,948		$ 1,829
90 days or more and accruing	0		0		0
Total past due and accruing	4,948		4,948		1,829
Nonaccrual	59,218		59,218		80,665
Current and accruing	12,091,446		12,091,446		11,020,924
Total loans held for investment	12,155,612		12,155,612		11,103,418
Performing nonaccrual loans	27,900		27,900		41,400
Impaired interest lost on nonaccrual loans	400	$ 900	1,100	$ 2,700
Impaired financing receivable, interest income recognized	300	$ 300	900	$ 1,100
Other real estate owned fair value	4,900		4,900		5,400
C&I loans
Analysis of payment status of loans held for investment [Abstract]
30-89 days and accruing	168		168		124
90 days or more and accruing	0		0		0
Total past due and accruing	168		168		124
Nonaccrual	0		0		0
Current and accruing	6,539,474		6,539,474		6,422,223
Total loans held for investment	6,539,642		6,539,642		6,422,347
CRE construction loans
Analysis of payment status of loans held for investment [Abstract]
30-89 days and accruing	0		0		0
90 days or more and accruing	0		0		0
Total past due and accruing	0		0		0
Nonaccrual	0		0		0
Current and accruing	120,267		120,267		94,195
Total loans held for investment	120,267		120,267		94,195
CRE loans
Analysis of payment status of loans held for investment [Abstract]
30-89 days and accruing	0		0		0
90 days or more and accruing	0		0		0
Total past due and accruing	0		0		0
Nonaccrual	11,108		11,108		18,876
Current and accruing	1,757,672		1,757,672		1,670,287
Total loans held for investment	1,768,780		1,768,780		1,689,163
Tax-exempt loans
Analysis of payment status of loans held for investment [Abstract]
30-89 days and accruing	0		0		0
90 days or more and accruing	0		0		0
Total past due and accruing	0		0		0
Nonaccrual	0		0		0
Current and accruing	385,234		385,234		122,218
Total loans held for investment	385,234		385,234		122,218
Residential mortgage - first mortgage loans
Analysis of payment status of loans held for investment [Abstract]
30-89 days and accruing	4,744		4,744		1,648
90 days or more and accruing	0		0		0
Total past due and accruing	4,744		4,744		1,648
Nonaccrual	47,826		47,826		61,391
Current and accruing	1,877,999		1,877,999		1,668,724
Total loans held for investment	1,930,569		1,930,569		1,731,763
Residential mortgage - home equity loans/lines
Analysis of payment status of loans held for investment [Abstract]
30-89 days and accruing	36		36		57
90 days or more and accruing	0		0		0
Total past due and accruing	36		36		57
Nonaccrual	284		284		398
Current and accruing	19,672		19,672		19,529
Total loans held for investment	19,992		19,992		19,984
SBL
Analysis of payment status of loans held for investment [Abstract]
30-89 days and accruing	0		0		0
90 days or more and accruing	0		0		0
Total past due and accruing	0		0		0
Nonaccrual	0		0		0
Current and accruing	1,391,128		1,391,128		1,023,748
Total loans held for investment	$ 1,391,128		$ 1,391,128		$ 1,023,748

BANK LOANS, NET, Summary of Imp

BANK LOANS, NET, Summary of Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014
Gross recorded investment
Gross recorded investment, impaired loans with allowance for loan losses	$ 48,114		$ 48,114		$ 55,765
Gross recorded investment, impaired loans without allowance for loan losses	31,382		31,382		40,863
Gross recorded investment	79,496		79,496		96,628
Unpaid principal balance
Unpaid principal balance, impaired loans with allowance for loan losses	63,023		63,023		73,935
Unpaid principal balance, impaired loans without allowance for loan losses	47,765		47,765		72,666
Unpaid principal balance	110,788		110,788		146,601
Loans and Leases Receivable, Allowance
Impaired loans with allowance for loan losses, allowance for losses	5,137		5,137		6,301
Loan and Lease Receivables, Impaired
Average impaired loan balance	83,417	$ 107,612	88,218	$ 100,953
Interest income recognized	409	387	1,139	1,350
C&I loans
Gross recorded investment
Gross recorded investment, impaired loans with allowance for loan losses	10,937		10,937		11,959
Unpaid principal balance
Unpaid principal balance, impaired loans with allowance for loan losses	11,541		11,541		12,563
Loans and Leases Receivable, Allowance
Impaired loans with allowance for loan losses, allowance for losses	1,016		1,016		1,289
Loan and Lease Receivables, Impaired
Impaired loan, troubled debt restructurings	10,900		10,900		12,000
Average impaired loan balance	11,059	12,593	11,508	4,745
CRE loans
Gross recorded investment
Gross recorded investment, impaired loans without allowance for loan losses	11,108		11,108		18,876
Unpaid principal balance
Unpaid principal balance, impaired loans without allowance for loan losses	17,760		17,760		39,717
Loan and Lease Receivables, Impaired
Impaired loan, troubled debt restructurings	11,100		11,100		18,900
Average impaired loan balance	15,053	24,096	16,613	24,664
Residential mortgage - first mortgage loans
Gross recorded investment
Gross recorded investment, impaired loans with allowance for loan losses	37,177		37,177		43,806
Gross recorded investment, impaired loans without allowance for loan losses	20,274		20,274		21,987
Unpaid principal balance
Unpaid principal balance, impaired loans with allowance for loan losses	51,482		51,482		61,372
Unpaid principal balance, impaired loans without allowance for loan losses	30,005		30,005		32,949
Loans and Leases Receivable, Allowance
Impaired loans with allowance for loan losses, allowance for losses	4,121		4,121		5,012
Loan and Lease Receivables, Impaired
Impaired loan, troubled debt restructurings	33,800		33,800		$ 36,600
Average impaired loan balance	57,305	70,911	60,097	71,516
Interest income recognized	409	387	1,139	1,350
Residential mortgage - home equity loans/lines
Loan and Lease Receivables, Impaired
Average impaired loan balance	$ 0	$ 12	$ 0	$ 28

BANK LOANS, NET, Impact of TDRs

BANK LOANS, NET, Impact of TDRs (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015USD ($)commitmentcontract	Jun. 30, 2014USD ($)contractTDR	Jun. 30, 2015USD ($)commitmentcontract	Jun. 30, 2014USD ($)contractTDR	Sep. 30, 2014USD ($)commitment
Subsquent default of modified loans [Abstract]
Payment default, number of contracts | contract	0		0
C&I loans
Modification of loans [Abstract]
Number of contracts | TDR		1		1
Pre-modification outstanding recorded investment		$ 19,200		$ 19,200
Post-modification outstanding recorded investment		$ 15,035		$ 15,035
Subsquent default of modified loans [Abstract]
Number of outstanding commitments | commitment	1		1		1
Outstanding commitments on TDRs	$ 600		$ 600		$ 600
CRE loans
Modification of loans [Abstract]
Number of contracts | TDR		2		2
Pre-modification outstanding recorded investment		$ 22,291		$ 22,291
Post-modification outstanding recorded investment		$ 22,291		$ 22,291
Residential mortgage - first mortgage loans
Modification of loans [Abstract]
Number of contracts | contract	3	5	5	16
Pre-modification outstanding recorded investment	$ 836	$ 1,797	$ 1,081	$ 4,085
Post-modification outstanding recorded investment	$ 897	$ 1,959	$ 1,145	$ 4,407
Subsquent default of modified loans [Abstract]
Payment default, number of contracts | contract		0		3
TDR recorded investment amount				$ 900

BANK LOANS, NET, Credit Quality

BANK LOANS, NET, Credit Quality of Held for Investment Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	$ 12,155,612	$ 11,103,418
Performing residential first mortgage loans	1,730,459
LTV less than 50%
Financing Receivable, Recorded Investment [Line Items]
Performing residential first mortgage loans	585,795
LTV greater than 50% but less than 80%
Financing Receivable, Recorded Investment [Line Items]
Performing residential first mortgage loans	973,459
LTV greater than 80% but less than 100%
Financing Receivable, Recorded Investment [Line Items]
Performing residential first mortgage loans	146,414
LTV greater than 100% but less than 120%
Financing Receivable, Recorded Investment [Line Items]
Performing residential first mortgage loans	21,800
LTV greater than 120%
Financing Receivable, Recorded Investment [Line Items]
Performing residential first mortgage loans	2,991
C&I loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	6,539,642	6,422,347
CRE construction loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	120,267	94,195
CRE loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	1,768,780	1,689,163
Tax-exempt loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	385,234	122,218
First mortgage
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	1,930,570	1,731,763
Home equity
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	19,991	19,984
SBL and other consumer loan
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	1,391,128	1,023,748
Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	11,892,113	10,898,617
Pass | C&I loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	6,378,312	6,321,662
Pass | CRE construction loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	120,267	94,195
Pass | CRE loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	1,741,844	1,669,897
Pass | Tax-exempt loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	385,234	122,218
Pass | First mortgage
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	1,855,686	1,647,325
Pass | Home equity
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	19,642	19,572
Pass | SBL and other consumer loan
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	1,391,128	1,023,748
Special mention
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	135,562	98,638
Special mention | C&I loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	104,390	83,101
Special mention | CRE construction loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Special mention | CRE loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	15,459	191
Special mention | Tax-exempt loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Special mention | First mortgage
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	15,648	15,346
Special mention | Home equity
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	65	0
Special mention | SBL and other consumer loan
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	127,937	105,255
Substandard | C&I loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	56,940	17,584
Substandard | CRE construction loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Substandard | CRE loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	11,477	18,167
Substandard | Tax-exempt loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Substandard | First mortgage
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	59,236	69,092
Substandard | Home equity
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	284	412
Substandard | SBL and other consumer loan
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	908
Doubtful | C&I loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Doubtful | CRE construction loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Doubtful | CRE loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	908
Doubtful | Tax-exempt loans
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Doubtful | First mortgage
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Doubtful | Home equity
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	0	0
Doubtful | SBL and other consumer loan
Financing Receivable, Recorded Investment [Line Items]
Total loans held for investment	$ 0	$ 0

BANK LOANS, NET, Changes in the

BANK LOANS, NET, Changes in the Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period	$ 160,008	$ 137,940	$ 147,574	$ 136,501
(Benefit) provision for loan losses	(3,009)	4,467	10,293	8,082
Net (charge-offs)/recoveries:
Charge-offs	(687)	(755)	(1,563)	(3,479)
Recoveries	4,188	360	5,315	1,543
Net (charge-offs)/recoveries	3,501	(395)	3,752	(1,936)
Foreign exchange translation adjustment	131	297	(988)	(338)
Balance at end of period	160,631	142,309	160,631	142,309
C&I
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period			103,179
Net (charge-offs)/recoveries:
Balance at end of period	109,843		109,843
CRE construction
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period			1,594
Net (charge-offs)/recoveries:
Balance at end of period	1,981		1,981
CRE
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period			25,022
Net (charge-offs)/recoveries:
Balance at end of period	27,621		27,621
Tax-exempt loans
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period			1,380
Net (charge-offs)/recoveries:
Balance at end of period	4,148		4,148
Residential mortgage
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period			14,350
Net (charge-offs)/recoveries:
Balance at end of period	14,253		14,253
SBL and other consumer
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period			2,049
Net (charge-offs)/recoveries:
Balance at end of period	2,785		2,785
Loans held for investment | C&I
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period	111,125	95,284	103,179	95,994
(Benefit) provision for loan losses	(1,365)	3,509	6,999	5,106
Net (charge-offs)/recoveries:
Charge-offs	0	0	(238)	(1,845)
Recoveries	0	0	536	16
Net (charge-offs)/recoveries	0	0	298	(1,829)
Foreign exchange translation adjustment	83	198	(633)	(280)
Balance at end of period	109,843	98,991	109,843	98,991
Loans held for investment | CRE construction
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period	1,675	1,799	1,594	1,000
(Benefit) provision for loan losses	301	(76)	418	748
Net (charge-offs)/recoveries:
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs)/recoveries	0	0	0	0
Foreign exchange translation adjustment	5	22	(31)	(3)
Balance at end of period	1,981	1,745	1,981	1,745
Loans held for investment | CRE
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period	25,717	22,276	25,022	19,266
(Benefit) provision for loan losses	(1,912)	1,141	(850)	4,203
Net (charge-offs)/recoveries:
Charge-offs	0	0	0	0
Recoveries	3,773	0	3,773	80
Net (charge-offs)/recoveries	3,773	0	3,773	80
Foreign exchange translation adjustment	43	77	(324)	(55)
Balance at end of period	27,621	23,494	27,621	23,494
Loans held for investment | Tax-exempt loans
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period	3,909	418	1,380	0
(Benefit) provision for loan losses	239	603	2,768	1,021
Net (charge-offs)/recoveries:
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs)/recoveries	0	0	0	0
Foreign exchange translation adjustment	0	0	0	0
Balance at end of period	4,148	1,021	4,148	1,021
Loans held for investment | Residential mortgage
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period	15,076	16,614	14,350	19,126
(Benefit) provision for loan losses	(545)	(972)	242	(3,674)
Net (charge-offs)/recoveries:
Charge-offs	(687)	(755)	(1,325)	(1,634)
Recoveries	409	351	986	1,420
Net (charge-offs)/recoveries	(278)	(404)	(339)	(214)
Foreign exchange translation adjustment	0	0	0	0
Balance at end of period	14,253	15,238	14,253	15,238
Loans held for investment | SBL and other consumer
Changes in the allowance for loan losses [Roll Forward]
Balance at beginning of period	2,506	1,549	2,049	1,115
(Benefit) provision for loan losses	273	262	716	678
Net (charge-offs)/recoveries:
Charge-offs	0	0	0	0
Recoveries	6	9	20	27
Net (charge-offs)/recoveries	6	9	20	27
Foreign exchange translation adjustment	0	0	0	0
Balance at end of period	$ 2,785	$ 1,820	$ 2,785	$ 1,820

BANK LOANS, NET, Allowance for

BANK LOANS, NET, Allowance for Loan Losses, Loans Individually and Collectively Evaluated for Impairment (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013
Allowance for loan losses:
Individually evaluated for impairment	$ 5,137		$ 6,301
Collectively evaluated for impairment	155,494		141,273
Total allowance for loan losses	160,631	$ 160,008	147,574	$ 142,309	$ 137,940	$ 136,501
Recorded investment:
Individually evaluated for impairment	79,496		96,628
Collectively evaluated for impairment	12,076,116		11,006,790
Total loans held for investment	12,155,612		11,103,418
C&I
Allowance for loan losses:
Individually evaluated for impairment	1,016		1,289
Collectively evaluated for impairment	108,827		101,890
Total allowance for loan losses	109,843		103,179
Recorded investment:
Individually evaluated for impairment	10,937		11,959
Collectively evaluated for impairment	6,528,705		6,410,388
Total loans held for investment	6,539,642		6,422,347
CRE construction
Allowance for loan losses:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	1,981		1,594
Total allowance for loan losses	1,981		1,594
Recorded investment:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	120,267		94,195
Total loans held for investment	120,267		94,195
CRE
Allowance for loan losses:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	27,621		25,022
Total allowance for loan losses	27,621		25,022
Recorded investment:
Individually evaluated for impairment	11,108		18,876
Collectively evaluated for impairment	1,757,672		1,670,287
Total loans held for investment	1,768,780		1,689,163
Tax-exempt loans
Allowance for loan losses:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	4,148		1,380
Total allowance for loan losses	4,148		1,380
Recorded investment:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	385,234		122,218
Total loans held for investment	385,234		122,218
Residential mortgage
Allowance for loan losses:
Individually evaluated for impairment	4,121		5,012
Collectively evaluated for impairment	10,132		9,338
Total allowance for loan losses	14,253		14,350
Recorded investment:
Individually evaluated for impairment	57,451		65,793
Collectively evaluated for impairment	1,893,110		1,685,954
Total loans held for investment	1,950,561		1,751,747
SBL and other consumer
Allowance for loan losses:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	2,785		2,049
Total allowance for loan losses	2,785		2,049
Recorded investment:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	1,391,128		1,023,748
Total loans held for investment	1,391,128		1,023,748
Loans held for investment | C&I
Allowance for loan losses:
Total allowance for loan losses	109,843	111,125	103,179	98,991	95,284	95,994
Loans held for investment | CRE construction
Allowance for loan losses:
Total allowance for loan losses	1,981	1,675	1,594	1,745	1,799	1,000
Loans held for investment | CRE
Allowance for loan losses:
Total allowance for loan losses	27,621	25,717	25,022	23,494	22,276	19,266
Loans held for investment | Tax-exempt loans
Allowance for loan losses:
Total allowance for loan losses	4,148	3,909	1,380	1,021	418	0
Loans held for investment | Residential mortgage
Allowance for loan losses:
Total allowance for loan losses	14,253	15,076	14,350	15,238	16,614	19,126
Loans held for investment | SBL and other consumer
Allowance for loan losses:
Total allowance for loan losses	2,785	$ 2,506	2,049	$ 1,820	$ 1,549	$ 1,115
RJ Bank
Reserve for unfunded lending commitments [Abstract]
Reserve for unfunded lending commitments	$ 10,400		$ 10,000

VARIABLE INTEREST ENTITIES (Det

VARIABLE INTEREST ENTITIES (Details) - Jun. 30, 2015	investorFundaffiliate
Low-income housing tax credit funds [Abstract]
Minimum number of investor members or limited partners of LIHTC Funds | investor	1
Number of low-income housing tax credit (LIHTC) funds	101
Number of low-income housing tax credit (LIHTC) funds determined to be VIE's	90
Number of low-income housing tax credit (LIHTC) funds not determined to be VIE's	11
Number of non-guaranteed tax credit funds	8
Number of guaranteed tax credit funds	1
Number of tax credit funds consolidated but not determined to be VIE's	5
Variable interest entities, not primary beneficiary [Abstract]
Number of affiliates which function as the managing member of NMTC Funds | affiliate	1
Number of NMTC Funds managed by one of our affiliates, not deemed to be primary beneficiary	6

VARIABLE INTEREST ENTITIES, Pri

VARIABLE INTEREST ENTITIES, Primary Beneficiary - Aggregate Assets and LIabilities (Details) $ in Thousands	Jun. 30, 2015USD ($)investorFund	Sep. 30, 2014USD ($)investorFund
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]
Number of Investors with a Guaranteed Return on their Investment | investor	1	1
LIHTC funds - primary beneficiary
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]
Aggregate assets	$ 147,377	$ 179,050
Aggregate liabilities	40,353	60,180
Guaranteed LIHTC fund - primary beneficiary
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]
Aggregate assets	71,895	74,798
Aggregate liabilities	$ 2,180	$ 0
Number of multiinvestor tax credit funds in which RJTCF is the managing member | Fund	1	1
Restricted stock trust fund - primary beneficiary
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]
Aggregate assets	$ 9,974	$ 6,608
Aggregate liabilities	9,974	6,608
EIF funds - primary beneficiary
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]
Aggregate assets	4,383	6,041
Aggregate liabilities	0	0
Total VIEs - primary beneficiary
Variable interest entity, consolidated, aggregate assets and liabilities [Abstract]
Aggregate assets	233,629	266,497
Aggregate liabilities	$ 52,507	$ 66,788

VARIABLE INTEREST ENTITIES, P75

VARIABLE INTEREST ENTITIES, Primary Beneficiary - Carrying Value of Assets, Liabilities and Equity (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014	Jun. 30, 2014
Assets:
Assets segregated pursuant to regulations and other segregated assets	$ 2,513,086	$ 2,489,264
Other receivables	500,196	544,180
Prepaid expenses and other assets	731,966	655,256
Total assets	24,808,416	23,325,652
Liabilities and Equity:
Trade and other payables	808,735	763,235
Total liabilities	20,062,127	18,892,396
RJF equity	4,472,665	4,141,236
Noncontrolling interests	273,624	292,020
Total equity	4,746,289	4,433,256	$ 4,313,178
Total liabilities and equity	24,808,416	23,325,652
Total VIEs - primary beneficiary
Assets:
Assets segregated pursuant to regulations and other segregated assets	9,918	10,887
Other receivables	5,541	5,812
Investments in real estate partnerships held by consolidated variable interest entities	203,077	235,858
Trust fund investment in RJF common stock	9,973	6,607
Prepaid expenses and other assets	4,136	5,728
Total assets	232,645	264,892
Liabilities and Equity:
Trade and other payables	6,926	10,157
Intercompany payables	9,968	6,608
Loans payable of consolidated variable interest entities	25,549	43,877
Total liabilities	42,443	60,642
RJF equity	6,113	6,165
Noncontrolling interests	184,089	198,085
Total equity	190,202	204,250
Total liabilities and equity	$ 232,645	$ 264,892

VARIABLE INTEREST ENTITIES, P76

VARIABLE INTEREST ENTITIES, Primary Beneficiary - Net Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:
Interest	$ 137,147	$ 119,391	$ 403,669	$ 354,877
Other	33,655	21,796	74,758	55,601
Total revenues	1,348,713	1,241,283	3,941,181	3,654,682
Interest expense	(27,724)	(27,052)	(81,954)	(78,404)
Net revenues	1,320,989	1,214,231	3,859,227	3,576,278
Non-interest expenses	1,119,694	1,035,298	3,283,650	3,065,534
Net income including noncontrolling interests	126,360	110,379	357,173	318,995
Net loss attributable to noncontrolling interests	(6,835)	(12,310)	(15,781)	(24,887)
Net income attributable to Raymond James Financial, Inc.	133,195	122,689	372,954	343,882
Total VIEs - primary beneficiary
Revenues:
Interest	0	0	2	1
Other	(349)	700	(57)	(716)
Total revenues	(349)	700	(55)	(715)
Interest expense	(404)	(653)	(1,470)	(2,237)
Net revenues	(753)	47	(1,525)	(2,952)
Non-interest expenses	10,318	12,255	29,417	33,272
Net income including noncontrolling interests	(11,071)	(12,208)	(30,942)	(36,224)
Net loss attributable to noncontrolling interests	(11,032)	(12,406)	(30,890)	(36,402)
Net income attributable to Raymond James Financial, Inc.	$ (39)	$ 198	$ (52)	$ 178

VARIABLE INTEREST ENTITIES, Not

VARIABLE INTEREST ENTITIES, Not the Primary Beneficiary - Aggregate Assets, Liabilities Exposure to Loss (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
LIHTC funds - not primary beneficiary
Variable interest entity, nonconsolidated, carrying amount of assets and liabilities [Abstract]
Aggregate assets	$ 3,220,560	$ 2,988,224
Aggregate liabilities	949,538	899,586
Our risk of loss	49,655	48,915
NMTC funds - not primary beneficiary
Variable interest entity, nonconsolidated, carrying amount of assets and liabilities [Abstract]
Aggregate assets	65,560	83,474
Aggregate liabilities	35	2
Our risk of loss	12	13
Other real estate limited partnerships and LLCs - not primary beneficiary
Variable interest entity, nonconsolidated, carrying amount of assets and liabilities [Abstract]
Aggregate assets	29,523	30,202
Aggregate liabilities	37,062	36,262
Our risk of loss	172	183
Total VIEs - not primary beneficiary
Variable interest entity, nonconsolidated, carrying amount of assets and liabilities [Abstract]
Aggregate assets	3,315,643	3,101,900
Aggregate liabilities	986,635	935,850
Our risk of loss	$ 49,839	$ 49,111

VARIABLE INTEREST ENTITIES, Man

VARIABLE INTEREST ENTITIES, Managed Funds - Aggregate Assets, Liabilities and Exposure to Loss (Details) - Managed funds - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Variable Interest Entity [Line Items]
Aggregate assets	$ 108,396	$ 103,618
Aggregate liabilities	6,542	11
Our risk of loss	$ 94	$ 94

GOODWILL AND IDENTIFIABLE INT79

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Schedule of Goodwill and Net Identifiable Intangible Asset Balances (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 295,486	$ 295,486	$ 295,486	$ 295,486	$ 295,486	$ 295,486
Identifiable intangible assets, net	59,161		58,775
Total goodwill and identifiable intangible assets, net	$ 354,647		$ 354,261

GOODWILL AND IDENTIFIABLE INT80

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Schedule of Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Goodwill [Roll Forward]
Goodwill (beginning of the period)	$ 295,486	$ 295,486	$ 295,486	$ 295,486
Impairment losses	0	0	0	0
Goodwill (end of the period)	295,486	295,486	295,486	295,486
Private client group
Goodwill [Roll Forward]
Goodwill (beginning of the period)	174,584	174,584	174,584	174,584
Impairment losses	0	0	0	0
Goodwill (end of the period)	174,584	174,584	174,584	174,584
Capital markets
Goodwill [Roll Forward]
Goodwill (beginning of the period)	120,902	120,902	120,902	120,902
Impairment losses	0	0	0	0
Goodwill (end of the period)	$ 120,902	$ 120,902	$ 120,902	$ 120,902

GOODWILL AND IDENTIFIABLE INT81

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Net Amortizable Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Finite-lived Intangible Assets [Roll Forward]
Net identifiable intangible assets (beginning of the period)	$ 55,187	$ 62,360	$ 58,775	$ 65,978
Additions	6,064	91	6,297	280
Amortization expense	(2,090)	(1,902)	(5,911)	(5,709)
Impairment losses	0	0	0	0
Net identifiable intangible assets (end of the period)	59,161	60,549	59,161	60,549
Private client group
Finite-lived Intangible Assets [Roll Forward]
Net identifiable intangible assets (beginning of the period)	8,333	8,889	8,611	9,191
Additions	0	0	0	0
Amortization expense	(139)	(139)	(417)	(441)
Impairment losses	0	0	0	0
Net identifiable intangible assets (end of the period)	8,194	8,750	8,194	8,750
Capital markets
Finite-lived Intangible Assets [Roll Forward]
Net identifiable intangible assets (beginning of the period)	35,225	40,724	37,975	43,474
Additions	0	0	0	0
Amortization expense	(1,374)	(1,375)	(4,124)	(4,125)
Impairment losses	0	0	0	0
Net identifiable intangible assets (end of the period)	33,851	39,349	33,851	39,349
Asset management
Finite-lived Intangible Assets [Roll Forward]
Net identifiable intangible assets (beginning of the period)	10,330	11,663	10,996	12,329
Additions	5,873	0	5,873	0
Amortization expense	(491)	(333)	(1,157)	(999)
Impairment losses	0	0	0	0
Net identifiable intangible assets (end of the period)	$ 15,712	11,330	15,712	11,330
Weighted-average useful life	9 years 3 months 19 days
RJ Bank
Finite-lived Intangible Assets [Roll Forward]
Net identifiable intangible assets (beginning of the period)	$ 1,299	1,084	1,193	984
Additions	191	91	424	280
Amortization expense	(86)	(55)	(213)	(144)
Impairment losses	0	0	0	0
Net identifiable intangible assets (end of the period)	$ 1,404	$ 1,120	$ 1,404	$ 1,120

GOODWILL AND IDENTIFIABLE INT82

GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS, Intangible Assets, by Type (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	$ 83,230	$ 81,450
Accumulated amortization	(24,069)	(22,675)
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	69,317	65,957
Accumulated amortization	(16,327)	(13,875)
Trade name
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	0	2,000
Accumulated amortization	0	(2,000)
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	11,000	11,000
Accumulated amortization	(7,150)	(5,500)
Intellectual property
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	563	0
Accumulated amortization	(9)	0
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	433	1,000
Accumulated amortization	(70)	(1,000)
Mortgage servicing rights
Finite-Lived Intangible Assets [Line Items]
Gross carrying value	1,917	1,493
Accumulated amortization	$ (513)	$ (300)

BANK DEPOSITS, Summary of Bank

BANK DEPOSITS, Summary of Bank Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Bank deposits:
NOW accounts	$ 5,588	$ 5,792
Demand deposits (non-interest bearing)	3,317	8,386
Savings and money market accounts	10,654,853	9,670,043
Certificates of deposit	346,858	344,703
Total bank deposits	$ 11,010,616	$ 10,028,924
Weighted-average rate [Abstract]
NOW accounts, weighted-average rate (in hundredths)	0.01%	0.01%
Demand deposits (non-interest-bearing), weighted-average rate (in hundredths)	0.00%	0.00%
Savings and money market accounts, weighted-average rate (in hundredths)	0.02%	0.02%
Certificates of deposit, weighted-average rate (in hundredths)	1.67%	1.81%
Total bank deposits, weighted-average rate (in hundredths)	0.07%	0.09%
Bank Deposits [Line Items]
Affiliate bank deposits excluded from total bank deposits	$ 508,000	$ 509,000
RJF parent company
Bank Deposits [Line Items]
Affiliate bank deposits excluded from total bank deposits	$ 501,000	$ 500,000

BANK DEPOSITS, Schedule Maturit

BANK DEPOSITS, Schedule Maturities of Certificates of Deposit (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Scheduled maturities of certificates of deposit, denominations greater than or equal to $100,000 [Abstract]
Three months or less	$ 9,648	$ 11,761
Over three through six months	5,117	9,067
Over six through twelve months	19,313	15,809
Over one through two years	45,932	33,366
Over two through three years	10,775	45,842
Over three through four years	67,378	35,362
Over four through five years	59,191	55,556
Total certificates of deposit, denominations greater than or equal to 100,000	217,354	206,763
Scheduled maturities of certificates of deposit, denominations less than 100,000 [Abstract]
Three months or less	12,642	9,482
Over three through six months	7,361	10,317
Over six through twelve months	14,340	21,002
Over one through two years	35,596	27,722
Over two through three years	7,061	33,529
Over three through four years	25,401	11,301
Over four through five years	27,103	24,587
Total certificates of deposit, denominations less than 100,000	$ 129,504	$ 137,940

BANK DEPOSITS, Summary of Inter

BANK DEPOSITS, Summary of Interest Expense on Deposits (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest expense on deposits [Abstract]
Certificates of deposit	$ 1,438	$ 1,535	$ 4,421	$ 4,591
Money market, savings and NOW accounts	639	445	1,883	1,273
Total interest expense on deposits	$ 2,077	$ 1,980	$ 6,304	$ 5,864

OTHER BORROWINGS (Details)

OTHER BORROWINGS (Details)	Apr. 02, 2015USD ($)	Jun. 30, 2015USD ($)advance	Sep. 30, 2014USD ($)advance
Other Borrowings [Line Items]
Total other borrowings		$ 679,215,000	$ 654,916,000
Number of FHLB advances | advance		2	2
Debt Instrument, face amount			$ 250,000,000
FHLB advances weighted average interest rate		0.26%	0.20%
Securities sold under agreements to repurchase		$ 251,769,000	$ 244,495,000
ClariVest Asset Management
Other Borrowings [Line Items]
Long-term line of credit		415,000	216,000
Line of credit facility, maximum borrowing capacity		$ 500,000
Debt instrument, basis spread on variable rate		1.00%
Federal Home Loan Bank Advances
Other Borrowings [Line Items]
Long-term line of credit		$ 550,000,000	500,000,000
Secured Debt
Other Borrowings [Line Items]
Long-term line of credit		128,800,000	154,700,000
Secured Debt | New Regions Credit Agreement
Other Borrowings [Line Items]
Long-term line of credit			5,000,000
Repayments of long-term lines of credit	$ 5,000,000
Unsecured Debt
Other Borrowings [Line Items]
Long-term line of credit		0	$ 0
Federal Home Loan Bank Advances | FHLB Advance Maturing September 2017
Other Borrowings [Line Items]
Debt Instrument, face amount		250,000,000
Federal Home Loan Bank Advances | FHLB Advance Maturing March 2017
Other Borrowings [Line Items]
Debt Instrument, face amount		$ 300,000,000

DERIVATIVE FINANCIAL INSTRUME87

DERIVATIVE FINANCIAL INSTRUMENTS (Details)	3 Months Ended		9 Months Ended
	Jun. 30, 2015USD ($)designated_hedge	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)designated_hedge	Jun. 30, 2014USD ($)	Sep. 30, 2014USD ($)
Derivative [Line Items]
Receivable for uncollectible derivative transaction fee revenues	$ 7,000,000		$ 7,000,000		$ 7,000,000
Maximum loss exposure on interest rate derivatives	34,000,000		34,000,000
Derivative asset position
Derivative [Line Items]
Cash collateral included in net fair value of all open derivative positions, aggregate net liability	900,000		900,000		21,000,000
Derivative liability position
Derivative [Line Items]
Cash collateral included in the net fair value of all open derivative liability positions, aggregate net asset	9,000,000		9,000,000		$ 23,000,000
Forward foreign exchange contracts
Derivative [Line Items]
Gain (loss) recognized on forward foreign exchange derivatives	(5,400,000)	$ (14,700,000)	38,200,000	$ 11,300,000
Hedge ineffectiveness	0	0	0	0
Gain (loss) from components excluded from assessment of fair value hedge effectiveness	$ 0	$ 0	$ 0	$ 0
OTC derivatives
Derivative [Line Items]
Number of designated as fair value hedges | designated_hedge	0		0
Number of derivatives designated as cash flow hedges | designated_hedge	0		0
Derivative instruments associated with offsetting matched book positions
Derivative [Line Items]
Number of designated as fair value hedges | designated_hedge	0		0
Number of derivatives designated as cash flow hedges | designated_hedge	0		0
Interest rate contract
Derivative [Line Items]
Hedge ineffectiveness			$ 0
Gain (loss) from components excluded from assessment of fair value hedge effectiveness			0
Gain (loss) recognized in other comprehensive income (loss)	$ 2,100,000		3,600,000
Gain (loss) on cash flow hedge ineffectiveness	0
Gain (loss) from components excluded from assessment of cash flow hedge effectiveness	$ 0
Cash flow hedge gain (loss) to be reclassified within twelve months			$ (3,300,000)
Maximum length of time hedged in cash flow hedge			10 years

DERIVATIVE FINANCIAL INSTRUME88

DERIVATIVE FINANCIAL INSTRUMENTS, Balance Sheet Location (Details) CAD in Thousands, $ in Thousands	Jun. 30, 2015USD ($)	Jun. 30, 2015CAD	Sep. 30, 2014USD ($)	Sep. 30, 2014CAD
Designated as hedging instrument | Forward foreign exchange contracts | Prepaid expenses and other assets
Derivative assets [Abstract]
Notional amount | CAD		CAD 702,850		CAD 682,100
Fair value	$ 5,007		$ 2,101
Designated as hedging instrument | Interest rate contract | Prepaid expenses and other assets
Derivative assets [Abstract]
Notional amount	200,000		0
Fair value	3,318		0
Derivatives not designated as hedging instruments | Forward foreign exchange contracts | Prepaid expenses and other assets
Derivative assets [Abstract]
Notional amount | CAD		139,300		117,800
Fair value	1,012		361
Derivatives not designated as hedging instruments | Forward foreign exchange contracts | Trading instruments
Derivative assets [Abstract]
Notional amount | CAD		132,111		0
Fair value	4,624		0
Derivatives not designated as hedging instruments | Forward foreign exchange contracts | Trading instruments sold
Liabilities derviatives [Abstract]
Notional amount | CAD		CAD 70,274		CAD 0
Fair value	2,090		0
Derivatives not designated as hedging instruments | Interest rate contract | Trading instruments
Derivative assets [Abstract]
Notional amount	2,294,161		2,198,357
Fair value	103,302		89,923
Derivatives not designated as hedging instruments | Interest rate contract | Derivative instruments associated with offsetting matched book positions
Derivative assets [Abstract]
Notional amount	1,678,198		1,796,288
Fair value	327,826		323,337
Liabilities derviatives [Abstract]
Notional amount	1,678,198		1,796,288
Fair value	327,826		323,337
Derivatives not designated as hedging instruments | Interest rate contract | Trading instruments sold
Liabilities derviatives [Abstract]
Notional amount	2,338,780		2,185,085
Fair value	$ 90,023		$ 75,668

DERIVATIVE FINANCIAL INSTRUME89

DERIVATIVE FINANCIAL INSTRUMENTS, Income Statement Location (Details) - Derivatives not designated as hedging instruments - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net trading profits | Interest rate and forward foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) on derivatives recognized in Income	$ 250	$ 200	$ 2,530	$ 779
Other revenues | Interest rate contract
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) on derivatives recognized in Income	143	19	209	690
Other revenues | Forward foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) on derivatives recognized in Income	$ (1,420)	$ (4,093)	$ 10,885	$ 718

DERIVATIVE FINANCIAL INSTRUME90

DERIVATIVE FINANCIAL INSTRUMENTS, Risk (Details) - Jun. 30, 2015 $ in Millions	USD ($)agency
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Debt, minimum number of agencies required to maintain an investment grade rating | agency	1
Derivative in liability position fair value	$ 23.7
Derivative in liability position posted collateral	20.9
Derivative in liability position additional collateral posted if contingent features are triggered	$ 2.8

DISCLOSURE OF OFFSETTING ASSE91

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL, ENCUMBERED ASSETS, AND REPURCHASE AGREEMENTS, Offsetting (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Securities purchased under agreements to resell and other collateralized financings [Abstract]
Gross amounts of recognized assets	$ 416,516	$ 446,016
Gross amounts offset in the Statements of Financial Condition	0	0
Net amounts presented in the Statements of Financial Condition	416,516	446,016
Gross amounts not offset in the Statements of Financial Condition, financial instruments	(416,516)	(446,016)
Gross amounts not offset in the Statements of Financial Condition, cash collateral received (paid)	0	0
Net amount	0	0
Derivative assets [Abstract]
Derivative instruments associated with offsetting matched book positions	327,826	323,337
Net amounts presented in the Statements of Financial Condition	33,772	28,205
Stock borrowed [Abstract]
Gross amounts of recognized assets	136,428	158,988
Gross amounts offset in the Statement of Financial Condition	0	0
Net amounts presented in the Statement of Financial Condition	136,428	158,988
Gross amounts not offset in the Statement of Financial Condition, financial instruments	(130,307)	(153,261)
Gross amounts not offset in the Statement of Financial Condition, cash collateral (paid)	0	0
Net amount	6,121	5,727
Total assets [Abstract]
Gross amounts of recognized assets	998,033	1,020,726
Gross amounts offset in the Statement of Financial Condition	(74,154)	(61,718)
Net amounts presented in the Statement of Financial Condition	923,879	959,008
Gross amounts not offset in the Statement of Financial Condition, financial instruments	(883,939)	(926,491)
Gross amounts not offset in the Statement of Financial Condition, cash collateral (paid)	0	0
Net amount	39,940	32,517
Securities sold under agreements to repurchase [Abstract]
Gross amounts of recognized (liabilities)	(251,769)	(244,495)
Gross amounts offset in the Statement of Financial Condition	0	0
Net amounts presented in the Statement of Financial Condition	(251,769)	(244,495)
Gross amounts not offset in the Statement of Financial Condition, financial instruments	251,769	244,495
Gross amounts not offset in the Statement of Financial Condition, cash collateral received (paid)	0	0
Net amount	0	0
Derivative liabilities [Abstract]
Derivative instruments associated with offsetting matched book positions	327,826	323,337
Net amounts presented in the Statement of Financial Condition	(26,574)	(12,372)
Stock loaned [Abstract]
Gross amounts of recognized (liabilities)	(408,733)	(417,383)
Gross amounts offset in the Statement of Financial Condition	0	0
Net amounts presented in the Statement of Financial Condition	(408,733)	(417,383)
Gross amounts not offset in the Statement of Financial Condition, financial instruments	398,737	402,180
Gross amounts not offset in the Statement of Financial Condition, cash collateral received (paid)	0	0
Net amount	(9,996)	(15,203)
Total liabilities [Abstract]
Gross amounts of recognized (liabilities)	(1,080,441)	(1,060,883)
Gross amounts offset in the Statement of Financial Condition	65,539	63,296
Net amounts presented in the Statements of Financial Condition	(1,014,902)	(997,587)
Gross amounts not offset in the Statement of Financial Condition, financial instruments	981,832	973,514
Gross amounts not offset in the Statement of Financial Condition, cash collateral received (paid)	10,474	4,620
Net amount	(22,596)	(19,453)
Securities purchased under agreements to resell collateral obligation to return securities	436,200	463,700
Securities sold under agreements to repurchase, fair value of collateral	259,400	253,700
Derivative instruments associated with offsetting matched book positions
Derivative liabilities [Abstract]
Net amount		0
Derivatives not designated as hedging instruments
Derivative assets [Abstract]
Derivative instruments associated with offsetting matched book positions	327,826	323,337
Derivative liabilities [Abstract]
Derivative instruments associated with offsetting matched book positions	327,826	323,337
Derivatives not designated as hedging instruments | Derivative instruments associated with offsetting matched book positions
Derivative assets [Abstract]
Derivative contracts	327,826	323,337
Gross amounts offset in the Statements of Financial Condition	0	0
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, financial instruments	(327,826)	(323,337)
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, cash collateral (paid)	0	0
Net amount	0	0
Derivative liabilities [Abstract]
Gross amount of recognized (liabilities)	(327,826)	(323,337)
Gross amounts offset in the Statement of Financial Condition	0	0
Gross amounts not offset in the Statement of Financial Condition, financial instruments	327,826	323,337
Gross amounts not offset in the Statement of Financial Condition, cash collateral received	0	0
Net amount	0
Designated as hedging instrument | Interest rate contract
Total liabilities [Abstract]
Fair value of cash collateral deposited	3,400
Over the counter | Derivatives not designated as hedging instruments | Interest rate contract
Derivative assets [Abstract]
Derivative contracts	103,302	89,923
Gross amounts offset in the Statements of Financial Condition	(74,154)	(61,718)
Net amounts presented in the Statements of Financial Condition	29,148	28,205
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, financial instruments	(9,290)	(3,877)
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, cash collateral (paid)	0	0
Net amount	19,858	24,328
Derivative liabilities [Abstract]
Gross amount of recognized (liabilities)	(90,023)	(75,668)
Gross amounts offset in the Statement of Financial Condition	65,539	63,296
Net amounts presented in the Statement of Financial Condition	(24,484)	(12,372)
Gross amounts not offset in the Statement of Financial Condition, financial instruments	3,500	3,502
Gross amounts not offset in the Statement of Financial Condition, cash collateral received	10,474	4,620
Net amount	(10,510)	(4,250)
Over the counter | Derivatives not designated as hedging instruments | Forward foreign exchange contracts
Derivative assets [Abstract]
Derivative contracts	4,624
Gross amounts offset in the Statements of Financial Condition	0
Net amounts presented in the Statements of Financial Condition	4,624
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, financial instruments	0
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, cash collateral (paid)	0
Net amount	4,624
Derivative liabilities [Abstract]
Gross amount of recognized (liabilities)	(2,090)
Gross amounts offset in the Statement of Financial Condition	0
Net amounts presented in the Statement of Financial Condition	(2,090)
Gross amounts not offset in the Statement of Financial Condition, financial instruments	0
Gross amounts not offset in the Statement of Financial Condition, cash collateral received	0
Net amount	(2,090)
RJ Bank | Designated and not designated as hedging instrument | Forward foreign exchange contracts
Derivative assets [Abstract]
Derivative contracts	6,019	2,462
Gross amounts offset in the Statements of Financial Condition	0	0
Net amounts presented in the Statements of Financial Condition	6,019	2,462
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, financial instruments	0	0
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, cash collateral (paid)	0	0
Net amount	6,019	$ 2,462
RJ Bank | Designated as hedging instrument | Interest rate contract
Derivative assets [Abstract]
Derivative contracts	3,318
Gross amounts offset in the Statements of Financial Condition	0
Net amounts presented in the Statements of Financial Condition	3,318
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, financial instruments	0
Derivative assets, Gross amounts not offset in the Statement of Financial Condition, cash collateral (paid)	0
Net amount	$ 3,318

DISCLOSURE OF OFFSETTING ASSE92

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL, ENCUMBERED ASSETS, AND REPURCHASE AGREEMENTS, Collateral (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Collateral Received that Can be Resold or Repledged [Abstract]
Collateral we received that is available to be delivered or repledged	$ 2,222,349	$ 2,178,868
Collateral that we delivered or repledged	970,383	879,071
Value of margin securities pledged to clearing organizations	207,100	138,800
Securities reserve deposit required and made	$ 135,500	$ 116,500

DISCLOSURE OF OFFSETTING ASSE93

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL, ENCUMBERED ASSETS, AND REPURCHASE AGREEMENTS, Encumbered Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Financial instruments owned, at fair value, pledged to counterparties that:
Had the right to deliver or repledge	$ 413,384	$ 394,746
Did not have the right to deliver or repledge	19,681	50,983
Fair value of securities pledged with a clearing organization	24,400	18,900
Securities reserve deposit required and made	$ 135,500	$ 116,500

DISCLOSURE OF OFFSETTING ASSE94

DISCLOSURE OF OFFSETTING ASSETS AND LIABILITIES, COLLATERAL, ENCUMBERED ASSETS, AND REPURCHASE AGREEMENTS, Repurchase Agreements, Securities Lending Transactions & Repurchase-to-Maturity Transactions Accounted for as Secured Borrowings (Details) $ in Thousands	Jun. 30, 2015USD ($)
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	$ 251,769
Securities loaned	408,733
Total	660,502
Gross amounts of recognized liabilities for repurchase agreements and securities lending transactions included in the Offsetting Assets and Liabilities table included within this footnote	660,502
Amounts related to repurchase agreements and securities lending transactions not included in the Offsetting Assets and Liabilities table included within this footnote	0
Government and agency obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	158,690
Agency MBS and CMOs
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	93,079
Corporate obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	14,562
Equity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	394,171
Overnight and continuous
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	243,768
Securities loaned	408,733
Total	652,501
Overnight and continuous | Government and agency obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	153,489
Overnight and continuous | Agency MBS and CMOs
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	90,279
Overnight and continuous | Corporate obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	14,562
Overnight and continuous | Equity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	394,171
Up to 30 days
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	8,001
Securities loaned	0
Total	8,001
Up to 30 days | Government and agency obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	5,201
Up to 30 days | Agency MBS and CMOs
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	2,800
Up to 30 days | Corporate obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	0
Up to 30 days | Equity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	0
30-90 days
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	0
Securities loaned	0
Total	0
30-90 days | Government and agency obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	0
30-90 days | Agency MBS and CMOs
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	0
30-90 days | Corporate obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	0
30-90 days | Equity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	0
Greater than 90 days
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	0
Securities loaned	0
Total	0
Greater than 90 days | Government and agency obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	0
Greater than 90 days | Agency MBS and CMOs
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities sold under agreements to repurchase	0
Greater than 90 days | Corporate obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	0
Greater than 90 days | Equity securities
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Securities loaned	$ 0

INCOME TAXES (Details)

INCOME TAXES (Details)	3 Months Ended	9 Months Ended	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Effective income tax rate	36.00%	36.90%	35.80%

COMMITMENTS, CONTINGENCIES AN96

COMMITMENTS, CONTINGENCIES AND GUARANTEES, Commitments and Contingencies (Details) CAD in Millions	9 Months Ended
	Jun. 30, 2015USD ($)commitment	Jun. 30, 2015CADcommitment	Sep. 30, 2014USD ($)
Loans to financial advisors and certain key revenue producers commitment
Commitments [Line Items]
Amount of commitment	$ 59,100,000
Independent venture capital or private equity partnerships commitment
Commitments [Line Items]
Other commitment	55,000,000
Internally sponsored private equity limited partnership commitment
Commitments [Line Items]
Unfunded commitments in which we control the general partner	20,000,000
Commitment to lend to RJTCF
Commitments [Line Items]
Amount of commitment	250,000,000
Cash funded to invest in loans or investments in project partnerships	72,700,000
Reserve for unfunded lending commitments	$ 84,700,000
Number of days that investments in project partnerships typically sold	90 days
Raymond James & Associates Inc | Underwriting commitment
Commitments [Line Items]
Number of open underwriting commitments | commitment	1	1
Raymond James & Associates Inc | Forward GNMA MBS purchase committments
Commitments [Line Items]
Amount of commitment	$ 723,000,000
Expected time of purchase (in days)	90 days
Raymond James & Associates Inc | TBA securities
Commitments [Line Items]
Net asset (liability) fair value of TBA securities	$ 2,500,000
Estimated fair value of the TBA security purchase commitment asset (liability)	(1,700,000)
Raymond James Ltd | Underwriting commitment
Commitments [Line Items]
Amount of commitment | CAD		CAD 19.8
RJ Bank | RJ Bank syndicated loans
Commitments [Line Items]
Purchased syndicated loans not yet settled	$ 224,200,000
Settlement days of purchased syndicated loan	90 days
RJ Bank | RJ Bank commitment to lend to limited partnership
Commitments [Line Items]
Amount of commitment	$ 3,000,000
Amount of commitments fulfilled	1,800,000
RJ Bank | Forward starting advance transaction with FHLB
Commitments [Line Items]
Amount of commitment			$ 25,000,000
Future borrowing interest rate, effective rate			3.40%
Subsidiary of RJ Bank | Commitment to lend to RJTCF
Commitments [Line Items]
Amount of commitment	61,600,000
Amount of commitments fulfilled	$ 22,000,000

COMMITMENTS, CONTINGENCIES AN97

COMMITMENTS, CONTINGENCIES AND GUARANTEES, Guarantees (Details)	9 Months Ended
	Jun. 30, 2015USD ($)Fund	Sep. 30, 2014USD ($)	Mar. 31, 2008USD ($)
Guarantees [Abstract]
Corporate debt	$ 1,187,934,000	$ 1,190,836,000
Interest rate swap guarantee
Guarantees [Abstract]
Current exposure of guarantees	5,800,000
Estimated total potential exposure of guarantee	27,100,000
Performance guarantees for completion of trades with counterparties
Guarantees [Abstract]
Current exposure of guarantees	0
Letter of credit guarantee
Guarantees [Abstract]
Current exposure of guarantees			$ 8,000,000
Securities Industry Protection Corporation (SIPC)
Guarantees [Abstract]
SIPC fund securities per customer limit	500,000
Per customer upper limit claims for cash balances	250,000
Raymond James & Associates Inc
Guarantees [Abstract]
Excess SIPC insured amount upper limit	750,000,000
Excess SIPC Sub-limit per customer cash above basic SIPC	1,900,000
Project partnerships sold guarantee
Guarantees [Abstract]
Current exposure of guarantees	1,600,000
Delivery of certain tax credits and other tax benefits guarantee
Guarantees [Abstract]
Current exposure of guarantees	$ 29,300,000
Number of funds offering guaranteed performance to various third-parties on certain obligations | Fund	1
Number of years under the guarantee to deliver a certain amount of tax credits and other tax benefits (in years)	7 years
Low-income housing tax credit fund financing asset	$ 24,500,000
Amount of liability related to the low-income housing tax credit fund financing asset	24,500,000
Mortgages | 5.70% mortgage notes payable on our headquarters office complex, due 2023
Guarantees [Abstract]
Corporate debt	$ 38,800,000

COMMITMENTS, CONTINGENCIES AN98

COMMITMENTS, CONTINGENCIES AND GUARANTEES, Legal Matters Contingencies (Details) - USD ($)	1 Months Ended
	Aug. 31, 2013	Jun. 30, 2015	Sep. 30, 2014
Legal matter contingencies [Abstract]
Other receivables		$ 500,196,000	$ 544,180,000
Regions funds, class action
Loss Contingency, Settlement [Abstract]
Litigation settlement amount	$ 62,000,000
Regions funds, derivative action
Loss Contingency, Settlement [Abstract]
Litigation settlement amount	$ 6,000,000
Indemnification agreement
Legal matter contingencies [Abstract]
Estimate of range of possible loss, minimum		39,000,000
Estimate of range of possible loss, maximum		195,000,000
Other receivables		300,000
Indemnification asset		146,000,000
Indemnification liability for potential loss		144,000,000
Pending litigation | Various lawsuits
Legal matter contingencies [Abstract]
Estimate of range of possible loss, minimum		0
Range of loss portion not accrued		$ 10,000,000

ACCUMULATED OTHER COMPREHENSI99

ACCUMULATED OTHER COMPREHENSIVE INCOME, After Tax Changes in Each Component (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) as of the beginning of the period	$ (22,795)	$ (1,234)	$ (1,888)	$ 10,726
Other comprehensive income (loss) before reclassifications and taxes	3,039	2,203	5,036	10,432
Amounts reclassified from accumulated other comprehensive loss, before tax	(7,518)	(535)	(7,460)	(4,266)
Pre-tax net other comprehensive (loss) income	(4,479)	1,668	(2,424)	6,166
Income tax effect	3,982	6,484	(18,980)	(9,974)
Net other comprehensive (loss) income for the period, net of tax	(497)	8,152	(21,404)	(3,808)
Accumulated other comprehensive income (loss) as of the end of the period	(23,292)	6,918	(23,292)	6,918
Unrealized gain (loss) on available for sale securities
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) as of the beginning of the period	7,058	3,300	4,745	(1,276)
Other comprehensive income (loss) before reclassifications and taxes	(325)	4,174	3,420	15,301
Amounts reclassified from accumulated other comprehensive loss, before tax	(8,432)	(535)	(8,434)	(4,266)
Pre-tax net other comprehensive (loss) income	(8,757)	3,639	(5,014)	11,035
Income tax effect	3,376	(1,393)	1,946	(4,213)
Net other comprehensive (loss) income for the period, net of tax	(5,381)	2,246	(3,068)	6,822
Accumulated other comprehensive income (loss) as of the end of the period	1,677	5,546	1,677	5,546
Net currency translations and net investment hedges
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) as of the beginning of the period	(28,352)	(4,534)	(6,633)	12,002
Other comprehensive income (loss) before reclassifications and taxes	(1,511)	(1,971)	(778)	(4,869)
Amounts reclassified from accumulated other comprehensive loss, before tax	0	0	0	0
Pre-tax net other comprehensive (loss) income	(1,511)	(1,971)	(778)	(4,869)
Income tax effect	2,806	7,877	(19,646)	(5,761)
Net other comprehensive (loss) income for the period, net of tax	1,295	5,906	(20,424)	(10,630)
Accumulated other comprehensive income (loss) as of the end of the period	(27,057)	1,372	(27,057)	1,372
Cash flow hedge
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) as of the beginning of the period	(1,501)	0	0	0
Other comprehensive income (loss) before reclassifications and taxes	4,875	0	2,394	0
Amounts reclassified from accumulated other comprehensive loss, before tax	914	0	974	0
Pre-tax net other comprehensive (loss) income	5,789	0	3,368	0
Income tax effect	(2,200)	0	(1,280)	0
Net other comprehensive (loss) income for the period, net of tax	3,589	0	2,088	0
Accumulated other comprehensive income (loss) as of the end of the period	$ 2,088	$ 0	$ 2,088	$ 0

ACCUMULATED OTHER COMPREHENS100

ACCUMULATED OTHER COMPREHENSIVE INCOME, Reclassifications Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Other revenue	$ (33,655)	$ (21,796)	$ (74,758)	$ (55,601)
Interest expense	27,724	27,052	81,954	78,404
Provision for income taxes	74,935	68,554	218,404	191,749
Net income attributable to Raymond James Financial, Inc.	(133,195)	(122,689)	(372,954)	(343,882)
Unrealized gain (loss) on available for sale securities | Reclassification out of accumulated other comprehensive income [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	(7,518)	(535)	(7,460)	(4,266)
Provision for income taxes	2,903	204	2,881	1,641
Net income attributable to Raymond James Financial, Inc.	(4,615)	(331)	(4,579)	(2,625)
Unrealized gain (loss) on available for sale securities | Reclassification out of accumulated other comprehensive income [Member] | Auction rate securities
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Other revenue	(8,974)	(273)	(8,976)	(4,031)
Unrealized gain (loss) on available for sale securities | Reclassification out of accumulated other comprehensive income [Member] | RJ Bank available for sale securities
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Other revenue	542	$ (262)	542	$ (235)
Unrealized gain (loss) on available for sale securities | Interest rate contract | Reclassification out of accumulated other comprehensive income [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Interest expense	$ 914		$ 974

INTEREST INCOME AND INTEREST101

INTEREST INCOME AND INTEREST EXPENSE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest income:
Margin balances	$ 16,755	$ 16,894	$ 50,268	$ 51,309
Assets segregated pursuant to regulations and other segregated assets	3,350	3,666	10,139	11,854
Bank loans, net of unearned income	103,017	86,231	299,829	251,079
Available for sale securities	1,234	1,598	3,830	5,176
Trading instruments	4,636	4,750	14,061	13,893
Stock loan	2,910	2,200	10,120	6,882
Loans to financial advisors	1,774	1,528	5,211	4,831
Corporate cash and all other	3,471	2,524	10,211	9,853
Total interest income	137,147	119,391	403,669	354,877
Interest expense:
Brokerage client liabilities	213	273	737	990
Retail bank deposits	2,077	1,980	6,304	5,864
Trading instruments sold but not yet purchased	1,158	1,075	3,376	3,198
Stock borrow	1,082	900	4,495	2,206
Borrowed funds	1,983	1,128	4,171	2,976
Senior notes	19,010	19,010	57,029	57,030
Interest expense of consolidated VIEs	404	653	1,470	2,237
Other	1,797	2,033	4,372	3,903
Total interest expense	27,724	27,052	81,954	78,404
Net interest income	109,423	92,339	321,715	276,473
Add (subtract): benefit (provision) for loan losses	3,009	(4,467)	(10,293)	(8,082)
Net interest income after benefit (provision) for loan losses	$ 112,432	$ 87,872	$ 311,422	$ 268,391

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015USD ($)plan$ / sharesshares	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)plan$ / sharesshares	Jun. 30, 2014USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share-based compensation plans for our employees, directors and non-employees | plan	1		1
Stock incentive plan 2012 | Restricted stock units (RSUs) | Employees
Restricted stock plans [Abstract]
Shares of restricted stock awards granted (in shares) | shares	42,953		1,171,924
Stock incentive plan 2012 | Restricted stock units (RSUs) | Outside Directors
Restricted stock plans [Abstract]
Shares of restricted stock awards granted (in shares) | shares	0		16,656
Stock incentive plan 2012 | Restricted stock units (RSUs) | Independent contractor financial advisors
Restricted stock plans [Abstract]
Shares of restricted stock awards granted (in shares) | shares	0		0
Stock incentive plan 2012 | Restricted stock and restricted stock unit awards
Compensation plans expense and income tax benefits [Abstract]
Total share-based expense	$ 12,691	$ 11,909	$ 45,846	$ 40,966
Income tax (provision) benefits related to share-based expense	4,434	4,123	16,334	14,343
Reduction of prior tax benefit related to share based compensation			1,300
Stock incentive plan 2012 | Restricted stock and restricted stock unit awards | Employees and directors
Unrecognized pre-tax expense [Abstract]
Unrecognized pre-tax expense	$ 98,170		$ 98,170
Remaining weighted-average period (in years)			2 years 10 months 24 days
Restricted stock plans [Abstract]
Weighted-average grant-date fair value of awards granted (in dollars per share) | $ / shares	$ 58.33		$ 56.23
Stock incentive plan 2012 | Restricted stock and restricted stock unit awards | Independent contractor financial advisors
Unrecognized pre-tax expense [Abstract]
Unrecognized pre-tax expense	$ 49		$ 49
Remaining weighted-average period (in years)			1 year 2 months 12 days
Restricted stock plans [Abstract]
Weighted-average fair value for unvested restricted stock awards (in dollars per share) | $ / shares	$ 61.04		$ 61.04
Stock incentive plan 2012 | Stock option awards
Compensation plans expense and income tax benefits [Abstract]
Reduction of prior tax benefit related to share based compensation			$ 100
Stock incentive plan 2012 | Stock option awards | Employees
Stock Option Awards [Abstract]
Stock options granted (in shares) | shares	6,729		1,100,008
Unrecognized pre-tax expense [Abstract]
Weighted-average grant date fair value per option (in dollars per share) | $ / shares	$ 15		$ 14.20
Stock incentive plan 2012 | Stock option awards | Outside Directors
Stock Option Awards [Abstract]
Stock options granted (in shares) | shares	0		0
Stock incentive plan 2012 | Stock option awards | Employees and directors
Compensation plans expense and income tax benefits [Abstract]
Total share-based expense	$ 3,298	1,739	$ 8,986	8,600
Income tax (provision) benefits related to share-based expense	507	$ (50)	1,133	$ 1,228
Unrecognized pre-tax expense [Abstract]
Unrecognized pre-tax expense	$ 26,763		$ 26,763
Remaining weighted-average period (in years)			3 years 4 months 24 days
Stock incentive plan 2012 | Stock option awards | Independent contractor financial advisors
Stock Option Awards [Abstract]
Stock options granted (in shares) | shares	0		39,200
Unrecognized pre-tax expense [Abstract]
Unrecognized pre-tax expense	$ 1,973		$ 1,973
Remaining weighted-average period (in years)			3 years 2 months 12 days
Weighted-average fair value for unvested options granted (in dollars per share) | $ / shares	$ 25.83		$ 25.83

REGULATIONS AND CAPITAL REQU103

REGULATIONS AND CAPITAL REQUIREMENTS (Details) CAD in Thousands, $ in Thousands	Jun. 30, 2015USD ($)	Jun. 30, 2015CAD	Sep. 30, 2014USD ($)	Sep. 30, 2014CAD
Raymond James Financial Inc
Common Equity Tier I Capital [Abstract]
Actual, amount	$ 4,065,998
Actual, ratio (in hundredths)	21.30%	21.30%
Requirement for capital adequacy purposes, amount	$ 859,635
Requirement for capital adequacy purposes, ratio (in hundredths)	4.50%	4.50%
To be well capitalized under prompt corrective action provisions, amount	$ 1,241,696
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	6.50%	6.50%
Tier I Capital (to Risk-Weighted Assets) [Abstract]
Actual, amount	$ 4,065,998		$ 3,775,385
Actual, ratio (in hundredths)	21.30%	21.30%	19.70%	19.70%
Requirement for capital adequacy purposes, amount	$ 1,146,181		$ 765,589
Requirement for capital adequacy purposes, ratio (in hundredths)	6.00%	6.00%	4.00%	4.00%
To be well capitalized under prompt corrective action provisions, amount	$ 1,528,241		$ 1,148,384
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	8.00%	8.00%	6.00%	6.00%
Total Capital (to Risk-Weighted Assets) [Abstract]
Actual, amount	$ 4,244,781		$ 3,940,516
Actual, ratio (in hundredths)	22.20%	22.20%	20.60%	20.60%
Requirement for capital adequacy purposes, amount	$ 1,528,241		$ 1,531,178
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	$ 1,910,301		$ 1,913,973
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	10.00%	10.00%	10.00%	10.00%
Tier I Capital (to Adjusted Assets) [Abstract]
Actual, amount	$ 4,065,998		$ 3,775,385
Actual, ratio (in hundredths)	16.70%	16.70%	16.40%	16.40%
Requirement for capital adequacy purposes, amount	$ 972,688		$ 919,546
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	$ 1,215,859		$ 1,149,433
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	5.00%	5.00%	5.00%	5.00%
RJ Bank
Common Equity Tier I Capital [Abstract]
Actual, amount	$ 1,487,606
Actual, ratio (in hundredths)	13.60%	13.60%
Requirement for capital adequacy purposes, amount	$ 493,421
Requirement for capital adequacy purposes, ratio (in hundredths)	4.50%	4.50%
To be well capitalized under prompt corrective action provisions, amount	$ 712,720
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	6.50%	6.50%
Tier I Capital (to Risk-Weighted Assets) [Abstract]
Actual, amount	$ 1,487,606		$ 1,314,374
Actual, ratio (in hundredths)	13.60%	13.60%	11.20%	11.20%
Requirement for capital adequacy purposes, amount	$ 657,895		$ 467,926
Requirement for capital adequacy purposes, ratio (in hundredths)	6.00%	6.00%	4.00%	4.00%
To be well capitalized under prompt corrective action provisions, amount	$ 877,193		$ 701,889
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	8.00%	8.00%	6.00%	6.00%
Total Capital (to Risk-Weighted Assets) [Abstract]
Actual, amount	$ 1,625,138		$ 1,460,895
Actual, ratio (in hundredths)	14.80%	14.80%	12.50%	12.50%
Requirement for capital adequacy purposes, amount	$ 877,193		$ 935,852
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	$ 1,096,492		$ 1,169,815
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	10.00%	10.00%	10.00%	10.00%
Tier I Capital (to Adjusted Assets) [Abstract]
Actual, amount	$ 1,487,606		$ 1,314,374
Actual, ratio (in hundredths)	11.10%	11.10%	10.70%	10.70%
Requirement for capital adequacy purposes, amount	$ 538,271		$ 492,186
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	$ 672,839		$ 615,232
To be well capitalized under prompt corrective action provisions, ratio (in hundredths)	5.00%	5.00%	5.00%	5.00%
Raymond James & Associates Inc
Alternative Method Elected [Abstract]
Net capital as a percent of aggregate debit items (in hundredths)	23.21%	23.21%	24.14%	24.14%
Net capital	$ 446,914		$ 442,866
Less: required net capital	(38,510)		(36,694)
Excess net capital	408,404		406,172
Raymond James Financial Services Inc
Alternative Method Elected [Abstract]
Net capital	26,294		23,748
Less: required net capital	(250)		(250)
Excess net capital	$ 26,044		$ 23,498
Raymond James Ltd
Risk adjusted capital of Canadian broker-dealer subsidiary [Abstract]
Risk adjusted capital before minimum | CAD		CAD 107,675		CAD 107,645
Less: required minimum capital | CAD		(250)		(250)
Risk adjusted capital | CAD		CAD 107,425		CAD 107,395

FINANCIAL INSTRUMENTS WITH O104

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Details) - Jun. 30, 2015 $ in Thousands, CAD in Millions	USD ($)	CAD
Standby letters of credit
Schedule of Off-Balance Sheet Risks [Line Items]
Commitments to extend credit and other credit related financial instruments	$ 73,034
Open end consumer lines of credit
Schedule of Off-Balance Sheet Risks [Line Items]
Commitments to extend credit and other credit related financial instruments	2,311,018
Commercial lines of credit
Schedule of Off-Balance Sheet Risks [Line Items]
Commitments to extend credit and other credit related financial instruments	1,468,284
Unfunded loan commitments
Schedule of Off-Balance Sheet Risks [Line Items]
Commitments to extend credit and other credit related financial instruments	$ 327,652
Forward foreign exchange contracts | Canada, Dollars
Schedule of Off-Balance Sheet Risks [Line Items]
Notional amount of foreign currency derivative purchase contracts | CAD		CAD 4.2
Notional amount of foreign currency derivative sale contracts | CAD		CAD 7.4

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income for basic earnings per common share:
Net income attributable to Raymond James Financial, Inc.	$ 133,195	$ 122,689	$ 372,954	$ 343,882
Less allocation of earnings and dividends to participating securities	(410)	(710)	(1,235)	(2,250)
Net income attributable to RJF common shareholders	132,785	121,979	371,719	341,632
Income for diluted earnings per common share:
Net income attributable to Raymond James Financial, Inc.	133,195	122,689	372,954	343,882
Less allocation of earnings and dividends to participating securities	(403)	(696)	(1,211)	(2,206)
Net income attributable to RJF common shareholders	$ 132,792	$ 121,993	$ 371,743	$ 341,676
Common shares:
Average common shares in basic computation (in shares)	143,252	140,270	142,303	139,747
Dilutive effect of outstanding stock options and certain restricted stock units (in shares)	3,241	3,715	3,567	3,565
Average common shares used in diluted computation (in shares)	146,493	143,985	145,870	143,312
Earnings per common share:
Basic (in dollars per share)	$ 0.93	$ 0.87	$ 2.61	$ 2.44
Diluted (in dollars per share)	$ 0.91	$ 0.85	$ 2.55	$ 2.38
Stock options and certain restricted stock units excluded from weighted-average diluted common shares because their effect would be antidilutive (in shares)	1,900	233	2,945	392
Participating securities [Abstract]
Participating securities (in shares)	449	819	478	924
Dividends paid to participating securities	$ 100		$ 200	$ 400
Dividends per common share declared and paid [Abstract]
Dividends per common share - declared (in dollars per share)	$ 0.18	$ 0.16	$ 0.54	$ 0.48
Dividends per common share - paid (in dollars per share)	$ 0.18	$ 0.16	$ 0.52	$ 0.46

SEGMENT ANALYSIS, Information C

SEGMENT ANALYSIS, Information Concerning Operations (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)segment	Jun. 30, 2014USD ($)	Mar. 31, 2015USD ($)	Sep. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Sep. 30, 2013USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | segment			5
Revenues:
Total revenues	$ 1,348,713	$ 1,241,283	$ 3,941,181	$ 3,654,682
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	208,130	191,243	591,358	535,631
Net loss attributable to noncontrolling interests	(6,835)	(12,310)	(15,781)	(24,887)
Income including noncontrolling interests and before provision for income taxes	201,295	178,933	575,577	510,744
Net interest income (expense):
Net interest income	109,423	92,339	321,715	276,473
Total assets:
Total assets	24,808,416		24,808,416			$ 23,325,652
Goodwill:
Goodwill	295,486	295,486	295,486	295,486	$ 295,486	295,486	$ 295,486	$ 295,486
Private client group
Goodwill:
Goodwill	174,584	174,584	174,584	174,584	174,584	174,584	174,584	174,584
Capital markets
Goodwill:
Goodwill	120,902	120,902	120,902	120,902	$ 120,902	120,902	$ 120,902	$ 120,902
Operating segments | Private client group
Revenues:
Total revenues	894,727	822,741	2,617,604	2,423,071
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	86,363	81,473	254,527	230,098
Net interest income (expense):
Net interest income	22,664	21,769	66,423	67,355
Total assets:
Total assets	6,421,196		6,421,196			6,255,176
Goodwill:
Goodwill	174,600		174,600			174,600
Operating segments | Capital markets
Revenues:
Total revenues	237,680	237,708	711,775	704,374
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	18,287	28,009	66,788	91,025
Net interest income (expense):
Net interest income	1,047	738	5,174	4,000
Total assets:
Total assets	2,666,314		2,666,314			2,645,926
Goodwill:
Goodwill	120,900		120,900			120,900
Operating segments | Asset management
Revenues:
Total revenues	98,899	91,222	292,551	274,772
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	31,554	31,306	102,445	93,006
Net interest income (expense):
Net interest income	(1)	27	90	68
Total assets:
Total assets	177,450		177,450			186,170
Operating segments | RJ Bank
Revenues:
Total revenues	107,244	93,740	315,590	264,770
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	78,008	64,921	213,628	178,777
Net interest income (expense):
Net interest income	102,054	87,089	298,633	253,730
Total assets:
Total assets	13,291,572		13,291,572			12,036,945
Operating segments | Other
Revenues:
Total revenues	28,890	12,984	56,462	37,055
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	(6,082)	(14,466)	(46,030)	(57,275)
Net interest income (expense):
Net interest income	(16,341)	(17,284)	(48,605)	(48,680)
Total assets:
Total assets	2,251,884		2,251,884			$ 2,201,435
Intersegment eliminations
Revenues:
Total revenues	$ (18,727)	$ (17,112)	$ (52,801)	$ (49,360)

SEGMENT ANALYSIS, Classified by

SEGMENT ANALYSIS, Classified by Major Geographic Areas (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Mar. 31, 2015	Sep. 30, 2014	Mar. 31, 2014	Sep. 30, 2013
Revenues:
Total revenues	$ 1,348,713	$ 1,241,283	$ 3,941,181	$ 3,654,682
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	208,130	191,243	591,358	535,631
Total assets:
Total assets	24,808,416		24,808,416			$ 23,325,652
Goodwill:
Goodwill	295,486	295,486	295,486	295,486	$ 295,486	295,486	$ 295,486	$ 295,486
United States
Revenues:
Total revenues	1,247,645	1,134,841	3,643,350	3,316,872
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	202,574	184,832	581,361	505,015
Total assets:
Total assets	23,025,785		23,025,785			21,469,999
Goodwill:
Goodwill	262,500		262,500		$ 262,500
Canada
Revenues:
Total revenues	71,928	73,993	209,221	238,487
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	5,706	5,653	13,193	26,196
Total assets:
Total assets	1,684,861		1,684,861			1,773,703
Goodwill:
Goodwill	33,000		33,000			33,000
Europe
Revenues:
Total revenues	20,242	22,984	65,367	73,568
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	(573)	(1,007)	(4,299)	(152)
Total assets:
Total assets	37,807		37,807			39,872
Other
Revenues:
Total revenues	8,898	9,465	23,243	25,755
Pre-tax income excluding noncontrolling interests
Pre-tax income excluding noncontrolling interests	423	$ 1,765	1,103	$ 4,572
Total assets:
Total assets	$ 59,963		$ 59,963			$ 42,078