The company reported Client assets under administration of $1,416.1 billion as of February 29, 2024, up 18% from February 28, 2023 and 3% from January 31, 2024.

8-KRegulation FD DisclosureFiled Mar 20, 2024Period of report Mar 20, 2024Summary published (UTC) Oct 30, 2026

Key points

AI summary

The company reported Client assets under administration of $1,416.1 billion as of February 29, 2024, up 18% from February 28, 2023 and 3% from January 31, 2024.
Raymond James Financial said Private Client Group assets under administration were $1,357.6 billion and Private Client Group assets in fee-based accounts were $775.4 billion as of February 29, 2024.
The company said Financial assets under management were $220.5 billion and Bank loans, net were $44.0 billion as of February 29, 2024. Clients' domestic cash sweep and Enhanced Savings Program balances were $58.2 billion, up 13% year over year and 1% from the preceding month.
Investment banking pipelines remain healthy, and the company said closings began to improve in February. It also said the monthly data is limited and a consistent correlation to earnings should not be assumed.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Client assets under administration at end of February 2024 at $1,416.1 billion

The company reported Client assets under administration of $1,416.1 billion as of February 29, 2024, up 18% from February 28, 2023 and 3% from January 31, 2024.

Source · Based on the filing body and exhibits

Private Client Group Assets Overview

Raymond James Financial said Private Client Group assets under administration were $1,357.6 billion and Private Client Group assets in fee-based accounts were $775.4 billion as of February 29, 2024.

Source · Based on the filing body and exhibits

Financial Assets Under Management, Bank Loans and Cash Sweep Balances

The company said Financial assets under management were $220.5 billion and Bank loans, net were $44.0 billion as of February 29, 2024. Clients' domestic cash sweep and Enhanced Savings Program balances were $58.2 billion, up 13% year over year and 1% from the preceding month.

Source · Based on the filing body and exhibits

Company Description of Investment Banking Pipelines

Investment banking pipelines remain healthy, and the company said closings began to improve in February. It also said the monthly data is limited and a consistent correlation to earnings should not be assumed.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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