Raymond James reports record $1.87T client assets, up 22% year-over-year in April 2026

Filed May 20, 2026 · Period ending May 20, 2026 · ~1 min read

Key Changes

• high

  Client assets under administration reached record $1.87 trillion, up 22% year-over-year and 6% month-over-month, driven by higher equity markets and net asset inflows.

  Exhibit 99.1 verify on EDGAR →
• high

  Private Client Group fee-based assets grew 28% year-over-year to $1.12 trillion, indicating successful migration to higher-margin recurring revenue accounts.

  Exhibit 99.1 verify on EDGAR →
• medium

  Client cash sweep balances of $55.6 billion declined 4% sequentially due to quarterly fee billings and seasonal tax payments, though remained flat year-over-year.

  Exhibit 99.1 verify on EDGAR →