Raymond James Reports Record Client Assets and Strong April Operating Data

summarizeSummary

Raymond James Financial reported record client assets under administration of $1.87 trillion in April, alongside strong year-over-year and sequential growth in fee-based accounts and assets under management, indicating robust business expansion.

check_boxKey Events

• Record Client Assets Under Administration

  Client assets reached a record $1.87 trillion in April 2026, representing a 22% year-over-year and 6% sequential increase.

• Strong Growth in Fee-Based Accounts

  Private Client Group assets in fee-based accounts grew 28% year-over-year and 7% sequentially to $1.12 trillion.

• Financial Assets Under Management Increase

  Financial assets under management rose 22% year-over-year and 6% sequentially to $298.6 billion.

• Seasonal Decline in Cash Balances

  Domestic cash sweep and Enhanced Savings Program balances decreased 4% sequentially to $55.6 billion, primarily due to quarterly fee billings and seasonal client tax payments.

auto_awesomeAnalysis

This filing provides a positive update on Raymond James' core business performance, with record client assets under administration and strong growth in fee-based accounts. For a financial services firm, these metrics are direct indicators of business expansion and future revenue potential. The significant year-over-year and sequential increases across key asset categories demonstrate robust client acquisition and retention, as well as favorable market conditions. While cash balances saw a seasonal dip, the overall operational data points to continued strength and momentum.