NYSE:RJFCapital Markets
Raymond James Growth Moves Raise Questions On Value Gap And Risks
Raymond James Financial (NYSE:RJF) recently closed its acquisition of Clark Capital Management Group, expanding its asset management footprint.
The firm launched Rai, a proprietary AI operations agent aimed at improving advisor efficiency and internal workflows.
Raymond James also recruited a Merrill Lynch team overseeing about $1b in client assets, adding to its advisor base.
These moves came during a quarter in which the company reported record client assets and advisor growth.
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