CONSENSUS
National Futures and Financial Weekly

Contributor Biography

Raymond James & Associates

Jeffrey D. Saut
Raymond James Financial, Inc.
880 Carillon Parkway, St. Petersburg, Florida 33716
727-567-1000
www.raymondjames.com

Jeffrey D. Saut
Managing Director, Investment Strategy
Raymond James & Associates

Jeffrey Saut joined Raymond James in September 1999 as a managing director of investment strategy. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC, is wholly-owned by Raymond James Financial, Inc. (NYSE-RJF)

Previously, Mr. Saut was managing director of research at Roney & Co. in Detroit, which was acquired by Raymond James & Associates in September 1999. Prior to that, he was managing director of equity capital markets for Sterne, Agee & Leech, Inc. His responsibilities there included equity research, investment banking, institutional sales and syndicate.

After graduating from St. Andrews in 1971, Mr. Saut became a trade desk manager in New York. In 1973, he joined E.F. Hutton, where he began following equities and writing research. He subsequently worked as a securities analyst for Wheat First Securities, and then at Branch Cabell, where he ran the equity research group as director of research and acted as portfolio manager for the firm's affiliate, Exeter Capital Management. In addition, he built the research and institutional sales departments for the regional brokerage firm Ferris, Baker, Watts, Inc.