The company said client assets under administration as of October 31, 2024 were $1,543.9 billion, up 25% from October 31, 2023 and down 2% from September 30, 2024.

1. 01

   The company said client assets under administration as of October 31, 2024 were $1,543.9 billion, up 25% from October 31, 2023 and down 2% from September 30, 2024.

2. 02

   Citing Chair and CEO Paul Reilly, the company said the 2% decline from the prior month was mainly due to lower equity markets in October. It also said the previously announced departure of a large independent branch weighed on month-end asset levels.

3. 03

   The company said Private Client Group assets under administration as of October 31 were $1,477.2 billion, up 25% from October 31, 2023 and down 2% from September 30, 2024. Private Client Group assets in fee-based accounts were $862.8 billion, up 29% and down 1%.

4. 04

   Raymond James Financial said bank loans, net were $46.2 billion as of October 31, up 5% from October 31, 2023. It said client domestic cash sweep and Enhanced Savings Program balances were $57.9 billion, up 2%, and unchanged from September 30, 2024.

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.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.