other material
confidence high
sentiment neutral
materiality 0.50
Raymond James reports May 2026 record client assets of $1.92T, up 21% YoY
RAYMOND JAMES FINANCIAL INC
- Client assets under administration hit $1.92T, up 21% YoY and 3% from April 2026.
- Private Client Group assets under administration $1.85T (+22% YoY); fee-based accounts $1.16T (+27% YoY).
- Financial assets under management $342.7B (+35% YoY, +15% MoM) including $37B from April 2026 Clark Capital acquisition.
- Bank loans $55.3B (+13% YoY, flat MoM); domestic cash sweep and Enhanced Savings $55.8B (+3% YoY, flat MoM).
- CEO notes robust advisor recruiting pipeline; investment banking timing remains uncertain.