Raymond James Financial ( (RJF) ) has provided an update.
Raymond James Financial, Inc., a diversified financial services firm, has reported a significant growth in its operating data for August 2024. With a record $1.54 trillion in client assets under administration, marking a 19% increase from the previous year, the company attributes this success to strong advisor retention and recruiting, equity market appreciation, and a rise in domestic cash sweep and Enhanced Savings Program balances. Although their investment banking pipeline remains healthy, the exact timing of future closings is still uncertain.
See more data about RJF stock on TipRanks’ Stock Analysis page.
