other_material
confidence high
sentiment positive
materiality 0.50
Raymond James July 2025: record client assets $1.65T, fee-based accounts up 14% YoY
RAYMOND JAMES FINANCIAL INC
- Client AUA $1,653.4B (+10% YoY, +1% seq); PCG AUA $1,591.8B.
- Private Client Group fee-based AUM $956.5B, up 14% YoY and 1% sequentially.
- Clients' domestic cash sweep & ESP balances $54.8B, down 2% YoY and 1% sequentially ($400M decline).
- Advisor recruiting robust; investment banking pipeline strong, notes CEO Paul Shoukry.
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