Raymond James to acquire Clark Capital Management Group with $46B AUM

RAYMOND JAMES FINANCIAL INC

Definitive agreement announced to acquire all outstanding shares of Clark Capital.
Clark Capital manages over $46 billion in discretionary and non-discretionary assets.
Closing expected by third calendar quarter of 2026, subject to regulatory approvals.
Clark Capital will maintain its brand and operate as an independent boutique within Raymond James Investment Management.
Existing Clark Capital leadership team, brand, investment capabilities, and service model will be retained.

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