Raymond James Financial reported selected operating data for November 2025, showcasing key performance metrics and client asset growth.
Record client assets under administration of $1.77 trillion grew by 10% year-over-year and 1% over the preceding month.
CEO Paul Shoukry highlighted the growth was primarily due to net asset inflows from strong recruiting and higher equity markets.
Record Client Assets
Client assets under administration reached $1.77 trillion, growing by 10% year-over-year and 1% compared to the previous month.
Private Client Group Growth
Private Client Group assets under administration grew by 11% compared to last year, reaching $1.70 trillion.
Investment Banking Activity
Investment banking revenues for the current quarter decreased by approximately 20% compared to the preceding quarter, mainly due to timing factors.
- The report highlighted the robust pipeline for advisor recruiting and strong investment banking pipelines.
- Client activity levels remained high, but investment banking revenues were impacted by timing, showing a decrease from the previous quarter.
- Despite the slight decline in cash sweep and savings program balances, the overall client assets under administration showed positive growth trends.
Raymond James Financial's November 2025 operating data reflects positive growth in client assets and key performance metrics despite some challenges in investment banking revenues. The company's focus on client relationships and recruiting efforts continues to drive growth.