Raymond James Financial reports August 2025 operating data, highlighting record client assets and strong advisor recruiting, despite slight cash balance declines.
Quiver AI Summary
Raymond James Financial, Inc. announced its operating data for August 2025, highlighting a record $1.69 trillion in client assets under administration, which reflects a 10% increase year-over-year and a 2% rise from the previous month, largely due to stronger equity markets and net inflows. CEO Paul Shoukry noted that advisor recruiting remains robust, although client cash sweep and Enhanced Savings Program balances saw a slight decline of 4% year-over-year. The company also reported consistent growth in various asset categories, including private client group assets and financial assets under management, while indicating a strong investment banking pipeline.
Potential Positives
- Record client assets under administration of $1.69 trillion, representing a 10% year-over-year growth, highlighting the company's strong market position.
- Continued growth in Private Client Group assets in fee-based accounts, increasing by 14% year-over-year, indicating a shift towards more stable and recurring revenue sources.
- Robust investment banking pipeline, which suggests potential for future revenue generation and ongoing business opportunities.
Potential Negatives
- Clients’ domestic cash sweep and Enhanced Savings Program balances decreased by 4% year-over-year and 1% sequentially, indicating potential issues with client retention or satisfaction.
FAQ
What were Raymond James Financial's client assets in August 2025?
In August 2025, Raymond James Financial reported client assets under administration of $1.69 trillion.
How much did client assets grow compared to last year?
The client assets grew 10% year-over-year from August 2024 to August 2025.
What drove the growth in client assets under administration?
The growth was primarily driven by higher equity markets and net asset inflows.
How did the Enhanced Savings Program perform?
The Enhanced Savings Program balances declined 4% year-over-year and 1% sequentially to $54.2 billion.
What is the current state of Raymond James Financial's investment banking pipeline?
The investment banking pipeline continues to be robust, indicating strong future activity.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RJF Congressional Stock Trading
Members of Congress have traded $RJF stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $RJF stock by members of Congress over the last 6 months:
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 04/07.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$RJF Insider Trading Activity
$RJF insiders have traded $RJF stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $RJF stock by insiders over the last 6 months:
- BELLA LOYKHTER ALLAIRE (Chief Admin Officer) sold 6,570 shares for an estimated $963,227
- JAMES E BUNN (President, Capital Markets) sold 3,650 shares for an estimated $498,183
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RJF Hedge Fund Activity
We have seen 411 institutional investors add shares of $RJF stock to their portfolio, and 443 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 1,651,380 shares (+41.6%) to their portfolio in Q2 2025, for an estimated $253,272,150
- AGF MANAGEMENT LTD removed 1,621,549 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $248,696,970
- VICTORY CAPITAL MANAGEMENT INC added 956,234 shares (+50.8%) to their portfolio in Q2 2025, for an estimated $146,657,608
- INVESCO LTD. removed 760,263 shares (-26.2%) from their portfolio in Q2 2025, for an estimated $116,601,536
- FIRST TRUST ADVISORS LP added 709,315 shares (+39.9%) to their portfolio in Q2 2025, for an estimated $108,787,641
- GAMMA INVESTING LLC removed 669,485 shares (-99.2%) from their portfolio in Q2 2025, for an estimated $102,678,914
- SELECT EQUITY GROUP, L.P. removed 525,404 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $72,983,869
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RJF Analyst Ratings
Wall Street analysts have issued reports on $RJF in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JMP Securities issued a "Market Outperform" rating on 04/24/2025
- Goldman Sachs issued a "Buy" rating on 04/03/2025
To track analyst ratings and price targets for $RJF, check out Quiver Quantitative's $RJF forecast page.
$RJF Price Targets
Multiple analysts have issued price targets for $RJF recently. We have seen 8 analysts offer price targets for $RJF in the last 6 months, with a median target of $174.0.
Here are some recent targets:
- Christopher Allen from Citigroup set a target price of $180.0 on 09/22/2025
- Michael Cho from JP Morgan set a target price of $172.0 on 07/24/2025
- Kyle Voigt from Keefe, Bruyette & Woods set a target price of $170.0 on 07/24/2025
- Michael Cyprys from Morgan Stanley set a target price of $180.0 on 07/15/2025
- Brian Fitzgerald from JMP Securities set a target price of $180.0 on 07/14/2025
- Michael Brown from Wells Fargo set a target price of $163.0 on 07/11/2025
- Alexander Blostein from Goldman Sachs set a target price of $173.0 on 04/03/2025
Full Release
St. Petersburg, Fla., Sept. 24, 2025 (GLOBE NEWSWIRE) -- Raymond James Financial, Inc. (NYSE: RJF) today reported selected operating data for August 2025, in an effort to provide timely information to investors about monthly developments in certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.
“Record client assets under administration of $1.69 trillion grew 10% year-over-year and 2% over the preceding month primarily driven by higher equity markets and net asset inflows,” said CEO Paul Shoukry. “Advisor recruiting remains strong. Clients’ domestic cash sweep and Enhanced Savings Program balances of $54.2 billion declined 4% year-over-year and 1% sequentially. The investment banking pipeline continues to be robust.”
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Operating Data
|
| As of | % change from | |||||||||
| $ in billions |
August 31,
2025 |
August 31,
2024 |
July 31,
2025 |
August 31,
2024 |
July 31,
2025 |
|||||
| Client assets under administration | $ 1,688.5 | $ 1,535.3 | $ 1,653.4 | 10% | 2% | |||||
| Private Client Group assets under administration | $ 1,626.1 | $ 1,474.1 | $ 1,591.8 | 10% | 2% | |||||
| Private Client Group assets in fee-based accounts | $ 978.9 | $ 860.2 | $ 956.5 | 14% | 2% | |||||
| Financial assets under management | $ 270.0 | $ 240.9 | $ 264.3 | 12% | 2% | |||||
| Bank loans, net | $ 50.2 | $ 45.8 | $ 49.7 | 10% | 1% | |||||
| Clients’ domestic cash sweep and Enhanced Savings Program balances | $ 54.2 | $ 56.3 | $ 54.8 | (4)% | (1)% | |||||
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Total client assets are $1.69 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com .
