Total number of locations increases to more than 1,000. Creation of Equity Capital Markets Group. Raymond James Bank introduces first mortgages, home equity loans and lines of credit. Introduction of our World Wide Web site. Dow Jones Industrial Average crosses 6000 for the first time.
Clients gain access to their account information via the Internet.
Accounts linked for convenience of clients. Dividend reinvestment program made available. Raymond James Stewart, our South African joint venture, was terminated. Construction began on 300,000 square feet of new office space at the Raymond James Financial Center. The Dow Jones Industrial Average closed over 7900.