<ARTICLE> BD
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 30, 1994.
</LEGEND>
<CIK> 0000720005
<NAME> Raymond James Financial, Inc.
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-29-1995
<PERIOD-START>                             OCT-01-1995
<PERIOD-END>                               DEC-30-1994
<CASH>                                     280,556,000
<RECEIVABLES>                              412,160,000
<SECURITIES-RESALE>                          2,964,000
<SECURITIES-BORROWED>                      596,199,000
<INSTRUMENTS-OWNED>                        271,390,000
<PP&E>                                      43,195,000
<TOTAL-ASSETS>                           1,681,041,000
<SHORT-TERM>                                         0
<PAYABLES>                                 741,945,000
<REPOS-SOLD>                                         0
<SECURITIES-LOANED>                        610,714,000
<INSTRUMENTS-SOLD>                          32,079,000
<LONG-TERM>                                 13,205,000
<COMMON>                                       217,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                 230,269,000
<TOTAL-LIABILITY-AND-EQUITY>             1,681,041,000
<TRADING-REVENUE>                              596,000
<INTEREST-DIVIDENDS>                        19,680,000
<COMMISSIONS>                               71,596,000
<INVESTMENT-BANKING-REVENUES>                5,426,000
<FEE-REVENUE>                               17,321,000
<INTEREST-EXPENSE>                          12,347,000
<COMPENSATION>                              69,975,000
<INCOME-PRETAX>                             12,524,000
<INCOME-PRE-EXTRAORDINARY>                  12,524,000
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 7,891,000
<EPS-PRIMARY>                                     0.38
<EPS-DILUTED>                                     0.38