Raymond James Reports Record Client Assets and Strong April Operating Data
RJF is trading near its 52-week low of $138.82 (9.5% above the low).
Summary
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.
Key Events · Earnings and Guidance · RJF
-
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.
Analysis · RJF · Finance
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.
At the time of this filing, RJF was trading at $152.07 on NYSE in the Finance sector, with a market capitalization of approximately $29.6B. The 52-week trading range was $138.82 to $177.66. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.