other_material
confidence high
sentiment neutral
materiality 0.55
Raymond James Nov 2025: record $1.77T client assets (+10% YoY); IB revenues down ~20% in early Q1
RAYMOND JAMES FINANCIAL INC
- Client assets under administration hit record $1.765T, up 10% YoY and 1% sequentially.
- Private Client Group fee-based accounts rose 15% YoY to $1.03T; financial AUM increased 11% to $279.8B.
- Cash sweep and Enhanced Savings balances of $56.0B declined 3% YoY but rose 1% sequentially.
- CEO notes strong advisor recruiting pipeline; IB revenues for first two months of quarter down ~20% vs prior quarter due to timing.
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