---
schema_version: "secwatch.filing_event.v1"
accession: "0000720005-25-000056"
form_type: "8-K"
ticker: "RJF"
cik: "0000720005"
company_name: "RAYMOND JAMES FINANCIAL INC"
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T23:12:14.622079+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Raymond James April 2025: client assets up 9% YoY; cash sweep balances down 4% sequentially

## Summary
- Client assets under administration $1,530.7B, +9% YoY, flat vs March 2025.
- Private Client Group assets under administration $1,469.5B, +9% YoY.
- Fee-based account assets $873.3B, +12% YoY; financial AUM $245.5B, +12% YoY.
- Domestic cash sweep/ESP balances $55.6B, -1% YoY and -4% sequentially due to tax payments and fees.
- CEO cites macroeconomic uncertainty impacting timing of investment banking closings, but pipeline strong.

## SEC filing metadata
- accession: 0000720005-25-000056
- form_type: 8-K
- ticker: RJF
- cik: 0000720005
- company_name: RAYMOND JAMES FINANCIAL INC
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720005/000072000525000056/0000720005-25-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720005/000072000525000056/rjf-20250521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000720005-25-000056
- JSON: https://secwatch.observer/filing/0000720005-25-000056.json
- Plain text: https://secwatch.observer/filing/0000720005-25-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.