secwatch.observer — SEC 8-K summary
======================================

Issuer:     RAYMOND JAMES FINANCIAL INC (RJF)
CIK:        0000720005
Form:       8-K
Filed at:   2026-05-20T20:21:58+00:00
Accession:  0000720005-26-000058
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Raymond James reports record client assets of $1.87T in Apr, up 22% YoY
-----------------------------------------------------------------------

- Client assets under admin reached record $1.87T, up 22% YoY and 6% sequentially.
- PCG fee-based assets rose 28% YoY to $1.12T; up 7% vs March 2026.
- Domestic cash sweep & Enhanced Savings balances flat YoY at $55.6B, down 4% sequentially.
- Acquisition of Clark Capital Management closed Apr 30; FUM metric excludes its impact.
- CEO cites strong equity markets and net inflows; IB pipeline active but closing timing uncertain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720005/000072000526000058/0000720005-26-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720005/000072000526000058/rjf-20260520.htm
  HTML page:      https://secwatch.observer/filing/0000720005-26-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer