Raymond James reports April-end assets under administration $1.53T
'Client assets under administration increased 9% over the prior year period and were relatively flat compared to the preceding month,' said CEO Paul Shoukry. 'Clients' domestic cash sweep and Enhanced Savings Program balances of $55.6 billion declined 1% year-over-year and 4% sequentially. The decline in April in these balances reflects quarterly fee billings and seasonal tax payments. The timing of investment banking closings has been impacted by macroeconomic uncertainty, although our pipeline remains strong.'
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Raymond James reports April-end assets under administration $1.53T
'Client assets under administration increased 9% over the prior year period and were relatively flat compared to the preceding month,' said CEO Paul Shoukry. 'Clients' domestic cash sweep and Enhanced Savings Program balances of $55.6 billion declined 1% year-over-year and 4% sequentially. The decline in April in these balances reflects quarterly fee billings and seasonal tax payments. The timing of investment banking closings has been impacted by macroeconomic uncertainty, although our pipeline remains strong.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on RJF: Disclaimer & DisclosureReport an Issue Raymond James Financial Reports April 2025 Operating Data Raymond James price target raised to $136 from $126 at Morgan Stanley Raymond James price target lowered to $160 from $180 at Argus BofA downgrades Raymond James on slowing organic growth Raymond James downgraded to Neutral from Buy at BofA Sign in to access your portfolio
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Raymond James reports April-end assets under administration $1.53T
'Client assets under administration increased 9% over the prior year period and were relatively flat compared to the preceding month,' said CEO Paul Shoukry. 'Clients' domestic cash sweep and Enhanced Savings Program balances of $55.6 billion declined 1% year-over-year and 4% sequentially. The decline in April in these balances reflects quarterly fee billings and seasonal tax payments. The timing of investment banking closings has been impacted by macroeconomic uncertainty, although our pipeline remains strong.' Confident Investing Starts Here:
