Monthly UpdateMay 20, 2026, 04:28 PM
Raymond James Client Assets Hit Record $1.87T in April
AI Summary
Raymond James Financial reported its operating data for April 2026, highlighting record client assets under administration of $1.87 trillion, a 22% increase year-over-year. Private Client Group fee-based assets also saw significant growth, rising 28% year-over-year to $1.12 trillion. While domestic cash balances decreased sequentially due to seasonal tax payments and fee billings, the company noted strong investment banking pipelines.
Key Highlights
- Client assets under administration reached a record $1.87 trillion, increasing 22% year-over-year and 6% sequentially.
- Private Client Group assets under administration were $1.80 trillion, up 22% year-over-year and 6% sequentially.
- Private Client Group assets in fee-based accounts grew to $1.12 trillion, a 28% year-over-year and 7% sequential increase.
- Financial assets under management totaled $298.6 billion, rising 22% year-over-year and 6% sequentially.
- Bank loans, net, increased 14% year-over-year and 1% sequentially to $55.4 billion.
- Clients' domestic cash sweep and Enhanced Savings Program balances were $55.6 billion, flat year-over-year and down 4% sequentially.
Price Impact
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