October 25, 2016

TopRank Florida

TopRank Florida - Top 200 Private Companies

| 6/1/2010

Financial Services

Paul Reilly runs Florida’s largest brokerage, Raymond James. [Photo: Mark Wemple]
For its first 20 years, West Palm Beach-based Ocwen Financial (Public No. 65) operated as a disciplined, highly automated and highly efficient foreclosure machine. Then came the Great Recession. Under CEO William Erbey, it’s now earning plaudits for its efforts to meet consumers’ needs and modify loans. Congress takes testimony from its president, Ron Faris. In rankings of loan modification efforts, Ocwen scores well. Ocwen says its technology and approach have allowed it to convert trial mortgage modifications into permanent solutions roughly three out of four times. “They’ve actually been a leader in the industry,” says David Berenbaum, chief program officer for the National Community Reinvestment Coalition in Washington.

» Paul Reilly took over in May as CEO at St. Petersburg-based Raymond James (Public No. 23) from Tom James, who had run the company founded by his father since 1970. The brokerage is Florida’s largest investment house, with $233 billion in client assets, 5,300 financial advisers and 2,300 locations nationally and abroad. It’s also known for its philanthropy.

» Executive Chairman William P. Foley II’s title insurance company Fidelity National Financial (Public No. 14) has been spawning jobs since moving to Jacksonville from California in 2003. First, it spun off banking services company Fidelity National Information Services (Public No. 18), of which Foley also is chairman. That in turn in 2008 spun off mortgage loan processor Lender Processing Services (Public No. 25), which handles more than half of all U.S. home mortgages. — Mike Vogel

Digital Access

Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

Construction Crews Cheer on Patients
Construction Crews Cheer on Patients

While construction at Johns Hopkins All Children's research and education building is underway, workers help to cheer on patients going through infusion treatments with a dance party.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

About voting in the November election, will you:

  • Vote by mail
  • Vote early in person
  • Will vote on election day, at my precinct
  • N/A - not voting

See Results

Ballot Box