Raymond James hires Tim Thein as senior industrial machinery analyst

ST. PETERSBURG, Fla. – Raymond James has hired Tim Thein as a managing director and senior research analyst in the firm's Equity Research department. Based in New York, Thein will cover the Industrial Machinery & Equipment sector.

"We continue to expand our Industrials research footprint, and with the addition of Tim, will achieve critical mass in one of the largest subsectors of that market," said Brian Alexander, director of equity research. "Conversations with corporate and institutional clients underscored Tim's status as one of the most respected and influential sell-side analysts in the space. Importantly, he exhibits the qualities we look for in our research analysts, namely a consistent research process, passion for client service, strong investment acumen and ability and willingness to collaborate and develop talent."

Thein arrives at Raymond James with nearly 25 years of sell-side research experience gained as an analyst at Citigroup. He led the company's Machinery coverage since 2010. Thein received his bachelor of science in finance at Boston College and an MBA at Columbia University.

"I'm thrilled to embark on this next phase of my career at Raymond James. The firm's deep-rooted culture, dedication to client service and sophisticated approach to research align perfectly with my professional values," said Thein. "I'm eager and look forward to contributing my expertise to broaden its research footprint, ultimately driving impactful insights and outcomes for clients."

About Raymond James Financial, Inc.

Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.42 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com. The information provided is for informational purposes only and is not a solicitation to buy or sell Raymond James Financial stock.