Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Form 3 Holdings Reported Form 4 Transactions Reported STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP   OMB Number:                  3235-0362 Expires:              September 30, 1998 Estimated average                            burden hours per response        1.0
(Print or Type Responses)   Filed prusuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1934 or Section 30(f) of the Investment Company Act of 1940    
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer
                  (Check all applicable)
Trocin Jeffrey   E. Raymond James Financial (RJF) _______ Director   ______ 10% Owner
(Last) (First)   (Middle) 3. IRS or Social Security   4. Statement for     X Officer (give   ______ Other (specify
        Number of Reporting   Month/Year     title below)   below)
880 Carillon Parkway       Person (Voluntary)   Sept. 2002     Executive Vice President-RJA
  (Street)         5. If Amendment     7. Individual orJoint/Group Filing (Check Applicable Line) 
          Date of Original     X Form filed by One Reporting Person 
St. Petersburg FL   33716     (Month/Year)     Form filed by More than One Reporting Person 
(City) (State)   (ZIP) Table I - Non Derivative Securities Acquired, Disposed of , or beneficially Owned
1. Title of Security       2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature of
(Instr. 3)       action action or Disposed of (D) Securities ship Indirect
        Date Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial
          (Instr. 8)       Owned at Direct Owner-
        (Month/         End of Month (D) or ship
        Day/           Indirect  
        Year)     (A) or   (Instr. 3 and 4) (I)  
Raymond James Financial, Inc. (RJF)         Amount (D) Price   (Instr. 4) (Instr. 4)
RJF Common Stock             41,055 D  
RJF Common Stock             4,586 I ESOP
RJF Common Stock             500 I cust for children
NO UNREPORTED ACTIVITY                    
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).           (Over)
                      SEC 2270 (9-96)




FORM 5 (continued)     Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)      
1. Title of Derivative Security     2. Conver- 3. Trans- 4. Trans-   5. Number or Deriv-   6. Date Exer-   7. Title and Amount of   8. Price 9. Number 10.Owner- 11.Nature
(Instr. 3)     sion or action action   ative Securities Ac-   cisable and   Underlying Securities   of of deriv- ship of
      Exercise Date Code   quired (A) or Dis-   Expiration   (Instr. 3 and 4)   deriv- ative Form of Indirect
      Price of   (Instr. 8)   posed of (D)   Date       Secur- Secur- Security: Benefi-
      Deri- (Month/     (Instr. 3, 4, and 5)   (Month/Day/       ity ities Direct cial
      vative Day/         Year)       (Instr. Bene- (D) or Owner-
      Security Year)                 5) ficially Indirect ship
                            Owned (I) (Instr. 4)
                            at End Instr. 4)  
                            of deriv-    
                  Date Expira-   Amount or   (Instr. 4)    
                  Exer- tion Title Number of        
                  cisible Date   Shares        
              (A) (D)                
Employee Stock Option (Right to buy)             Current 2/18/2003 Common stock 5,400 22.1667      
Employee Stock Option (Right to buy)             1/18/2003 2/18/2003 Common stock 3,600 22.1667      
Employee Stock Option (Right to buy)             Current 1/18/2003 Common stock 450 22.1667      
Employee Stock Option (Right to buy)             1/18/2002-1/18/2003 1/18/2003 Common stock 300 22.1670      
Employee Stock Option (Right to buy)             11/18/2002-11/18/2004 1/18/2005 Common stock 6,000 20.6250      
Employee Stock Option (Right to buy)             11/28/2004 1/28/2007 Common stock 5,969 32.0000      
Employee Stock Option (Right to buy)             11/28/04-11/28/06 1/28/2007 Common stock 4,031 32.0000 25,750 D  
Explanation of Responses:              
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations,   /S/ JEFFREY E. TROCIN October 7, 2002
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).   **Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient.              
see Instructions 6 for procedure.              
Potential persons who are to respond to the collection of information contained in this form are not              
required to respond unless the form displays a currently valid OMB Number.              
                                Page 2
                                SEC 2270 (9-96)