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Raymond James expands team with new hire

Previously, he worked at Miller Buckfire.

Raymond James has named senior banker Richard Klein to its recapitalization and restructuring investment banking group. Previously, he worked at Miller Buckfire.


ST. PETERSBURG, Fla. ─ Raymond James is again expanding its capabilities in the Recapitalization & Restructuring Investment Banking group with the addition of senior banker Richard Klein. During his more than 25 year career, Klein has advised boards of directors, official and ad hoc creditors committees, private equity sponsors, and various creditor constituencies on transactions involving more than $100 billion of restructured liabilities. Klein’s transaction expertise includes in-court and out-of-court restructurings, M&A transactions, section 363 asset sales, rescue financing, and exchange offers.

Klein has transaction experience in a number of industries that align with existing Raymond James coverage areas, including Energy, Healthcare, Industrials, Aerospace & Defense, Technology, Consumer, and Retail and Restaurants, and will serve as a resource to all industry bankers whose clients require specific counsel in restructuring.

“Our goal is to deliver to clients great expertise and optimal outcomes, and to do that we are always searching for well-regarded bankers who can unlock value and use a broad network of connections while navigating clients through complex distressed transactions,” said Geoffrey Richards, head of the Recapitalization & Restructuring Investment Banking team. “Richard is a talented professional who can advise across a number of different sectors and diligently serve the unique needs of clients.”

Klein joins Raymond James from Miller Buckfire. He had previously worked in the restructuring groups at Jefferies and Houlihan Lokey. He began his career at CIT Group.

“Raymond James has an impressive investment banking platform and suite of services that are centered on delivering successful outcomes to clients,” Klein said. “There’s an impressive culture here and I’m thrilled to build on the growing momentum created by Geoff and the entire Recapitalization & Restructuring team.”

Based in New York City, Klein joins a growing team of 13 senior bankers that most recently welcomed Jacob Czarnick from Perella Weinberg Partners in April.

Raymond James’ Recapitalization & Restructuring practice is focused on providing expertise in pre-crisis situations, out-of-court workouts and court supervised reorganizations to companies in financial distress and to their different constituencies. The Recapitalization & Restructuring group has advised clients on more than $10 billion of private financings and over 200 recapitalization and restructuring transactions involving $100+ billion of debt.

About Raymond James Investment Banking
Raymond James Investment Banking offers highly regarded capital formation and financial advisory services. Since 2015, we have participated in raising nearly $300 billion in capital for our corporate clients and completed over 925 advisory assignments, including nearly 800 M&A buy-side or sell-side advisory assignments as of 3/31/2021. © 2021 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.

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 8,300 financial advisors. Total client assets are $1.13 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at