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Dick Averitt is chairman and chief executive officer of Raymond James Financial Services, Inc., member NASD/SIPC, a wholly-owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF).
Mr. Averitt has been with Raymond James since 1978. He began his investment industry career as a registered representative with Merrill Lynch, Pierce, Fenner & Smith prior to joining Investment Management & Research, Inc. (subsequently renamed Raymond James Financial Services, Inc.), where he became a leading producer. In 1984, he sold his retail book and became a member of broker-dealer management to build the Business Development Department. In 1991, he was appointed senior vice president and national sales manager for the firm. He became executive vice president in 1997, and was named executive vice president of the newly formed Raymond James Financial Services, Inc. in 1999. He was appointed to his current position as chairman and CEO in May 2002.
A 1967 graduate of Duke University, Mr. Averitt received his Certified Financial Planner certification in 1979. He is a graduate of the Securities Industry Institute at Wharton (1989-91) and the Executive Development Consortium at Emory University (1998).
Mr. Averitt spent nine years as a regular officer and naval aviator in the U.S. Marine Corps, serving in Vietnam as a helicopter pilot. He is also a 20-year veteran of the Marine Corps Reserves, principally as a member of an attack helicopter squadron in Atlanta, where he ended his tour as commanding officer. He retired from the Corps in 1994 with the rank of colonel.
He currently serves as chairman of the board of directors of Raymond James Financial Services and as a member of the District 7 Committee of the NASDR. He was founding chairman of a charitable organization for Marines and their families and has been active in support of local civic groups in Atlanta.
Mr. Averitt and his wife, Sandra Averitt, Ph.D., a professor at Kennesaw University in Atlanta, have been married 35 years and have three grown children.
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