Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when RJF files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsRaymond James reports record $1.92T client assets, up 21% YoY, with Clark Capital adding $49B
Filed June 24, 2026 · Period ending June 24, 2026 · ~1 min read
Key Changes
-
high
Client assets under administration reached record $1.92 trillion, up 21% year-over-year and 3% month-over-month, driven by higher equity markets and net asset inflows.
Exhibit 99.1 view on EDGAR → -
high
Financial assets under management grew 35% YoY to $342.7 billion, including $37 billion from Clark Capital Management Group acquired April 30, 2026, which brought total client assets of $49 billion.
Exhibit 99.1 view on EDGAR → -
medium
Bank loan balances reached $55.3 billion, up 13% YoY but flat month-over-month, with securities-based loans and residential mortgages offsetting lower corporate loans.
Exhibit 99.1 view on EDGAR → -
medium
Investment banking pipelines and client activity remain strong, though management notes timing of deal closings continues to be uncertain.
Exhibit 99.1 view on EDGAR →
Summary
Raymond James disclosed May 2026 operating metrics showing continued momentum across its wealth management and asset management businesses. Client assets under administration hit a record $1.92 trillion, reflecting 21% year-over-year growth driven by favorable equity markets and net inflows.
The recently completed Clark Capital acquisition contributed meaningfully, adding $37 billion in managed assets and expanding the firm's asset management capabilities. For retail investors, the strong asset growth indicates healthy client retention and new business generation, which should translate to higher fee-based revenue. The 3% month-over-month increase suggests the growth trajectory remains intact.
Bank loan balances of $55.3 billion grew 13% year-over-year, with strength in securities-based lending and residential mortgages, though corporate loan demand softened. Client cash balances of $55.8 billion rose modestly, providing a stable deposit base. Management's commentary on strong investment banking pipelines is encouraging, though the noted uncertainty around deal timing suggests near-term revenue volatility in that segment. Overall, this is a positive operational update showing the firm's scale advantages and diversified revenue streams are working as intended.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Raymond James disclosed May 2026 operating data via press release under Regulation FD.
Added in current filing · verify on EDGAR →
On June 24, 2026, Raymond James Financial, Inc. (the “Company”) issued a press release to disclose its operating data for May 2026.
The company publicly released operating metrics for May 2026 through a Regulation FD press release. The 8-K itself does not contain the actual operating data — it references Exhibit 99.1, which is not included in the provided text. This is a routine monthly disclosure practice for financial services firms to provide transparency on key business metrics between quarterly earnings reports.
Event · Exhibit 99.1
Raymond James reports May 2026 operating data showing record client assets of $1.92 trillion and completion of Clark Capital acquisition.
Added in current filing · view on EDGAR →
Client assets under administration grew to a record $1.92 trillion, increasing 21% year-over-year and 3% sequentially, driven primarily by higher equity markets and net asset inflows
Raymond James disclosed May 2026 operating data showing client assets under administration reached a record $1.92 trillion, up 21% year-over-year and 3% month-over-month. The growth was driven by higher equity markets and net asset inflows. Private Client Group assets under administration increased 22% year-over-year to $1,851.0 billion, while assets in fee-based accounts grew 27% to $1,157.3 billion.
Added in current filing · view on EDGAR → · paraphrased
Bank loan balances of $55.3 billion were nearly flat to the preceding month largely driven by strong growth of securities-based loans and residential mortgages offset by lower corporate loans. ... Clients' domestic cash sweep and Enhanced Savings Program balances rose 3% year-over-year and increased modestly from the prior month, ending May at $42.2 billion and $13.6 billion, respectively.
Bank loan balances reached $55.3 billion, up 13% year-over-year but flat month-over-month, with strong growth in securities-based loans and residential mortgages offset by lower corporate loans. Client cash balances totaled $55.8 billion (combining $42.2 billion in domestic cash sweep and $13.6 billion in Enhanced Savings Program), up 3% year-over-year and modestly from the prior month.
Added in current filing · view on EDGAR →
Investment banking pipelines and client activity levels remain strong, but the timing of closings continues to be uncertain.
Management noted that investment banking pipelines and client activity levels remain strong, though the timing of deal closings continues to be uncertain. This suggests healthy demand for capital markets services but potential volatility in near-term revenue recognition.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Jun 26, 2026 · How we verify