other_material
confidence high
sentiment positive
materiality 0.55
Raymond James May 2025: Client assets up 9% YoY; cash sweep down 4%
RAYMOND JAMES FINANCIAL INC
- Client assets under administration of $1,583B, up 9% YoY and 3% MoM.
- Private Client Group fee-based accounts rose 13% YoY to $909.1B.
- Financial assets under management $254.2B, up 12% YoY.
- Cash sweep & Enhanced Savings balances $54.2B, down 4% YoY and 3% MoM.
- CEO Shoukry cites higher equity markets and net inflows; investment banking pipeline remains strong.
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