other material
confidence high
sentiment neutral
materiality 0.30
Raymond James January 2025: client assets under administration up 15% YoY to $1.59T
RAYMOND JAMES FINANCIAL INC
- Private Client Group assets under administration $1.52T, up 16% YoY and 2% from Dec 2024.
- Fee-based account assets $898.4B, up 20% YoY; financial assets under mgmt $250.9B up 17%.
- Bank loans net $47.5B, up 8% YoY and 1% from prior month; cash sweep/ESP $57.3B flat YoY, down 4% MoM.
- CEO cites higher equity markets and modest net inflows for asset growth; investment banking pipeline healthy.