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Raymond James Financial ( (RJF) ) has shared an update.
Raymond James Financial reported a 25% year-over-year growth in client assets under administration for October 2024, despite a 2% monthly decline due to lower equity markets and the departure of a major independent branch. The company’s investment banking pipeline remains robust, and domestic cash sweep balances have stayed steady, balancing fee billings with inflows. This update reflects the company’s ongoing efforts to keep investors informed about key financial metrics.
Learn more about RJF stock on TipRanks’ Stock Analysis page.