Adding to the collection….
Running a large regional brokerage firm might be challenging for some folks. But Raymond James (RJF) Chairman and CEO Tom James still finds time to expand his art collection. Since first disclosing the collection in the company’s 2001 proxy, when the company spent $90,000 a year to insure and pay for two curators for the 1,350 piece collection, James’ love of art has continued to grow by about 100 pieces a year. In the company’s most recent proxy, the collection now stands at over 1,650 pieces and costs the company $196,000 a year. Although the proxy notes that there are three curators on staff, the website says that James has selected almost every piece of artwork himself.