NYSE:RJFCapital Markets
Record Client Assets, AI Push and Deal Pipeline Could Be A Game Changer For Raymond James (RJF)
In its recent quarterly update, Raymond James Financial reported that client assets under administration reached a record US$1.87 trillion, supported by higher equity markets and net inflows, alongside earnings and revenue above consensus expectations.
Management also emphasized expanding fee-based assets, growing use of artificial intelligence tools, and a healthy investment banking pipeline as important growth drivers for the business.
We'll examine how record client assets under...