Raymond James to Acquire Clark Capital Management Group

Raymond James Financial ( (RJF) ) has issued an update.

On January 15, 2026, Raymond James announced a definitive agreement to acquire Clark Capital Management Group, a Philadelphia-based asset manager founded in 1986 that specializes in wealth-focused, multi-asset-class solutions and manages more than $46 billion in discretionary and non-discretionary assets. The deal, expected to close by the third quarter of 2026 subject to customary regulatory approvals, will see Clark Capital retain its brand, leadership team, investment capabilities and service model as an independent boutique within Raymond James Investment Management, enhancing Raymond James’ advisor-centric product lineup and distribution reach in key channels such as independent firms and turnkey asset management platforms while supporting Clark Capital’s long-term growth with additional scale, resources and operational support.

The most recent analyst rating on (RJF) stock is a Hold with a $187.00 price target. To see the full list of analyst forecasts on Raymond James Financial stock, see the RJF Stock Forecast page.

Spark’s Take on RJF Stock

According to Spark, TipRanks’ AI Analyst, RJF is a Outperform.

Raymond James Financial’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The company’s strategic investments and record-breaking growth highlight its robust market position. Technical analysis and valuation suggest a stable outlook, while challenges like cash flow conversion and expense management are areas for improvement.

To see Spark’s full report on RJF stock, click here.

More about Raymond James Financial

Raymond James Financial, Inc. (NYSE: RJF) is a diversified financial services company providing private client, capital markets, asset management, banking and related services to individuals, corporations and municipalities, overseeing total client assets of $1.77 trillion. Through its global multi-boutique Raymond James Investment Management division, which includes firms such as Chartwell Investment Partners, ClariVest Asset Management, Cougar Global Investments, Eagle Asset Management, Reams Asset Management and Scout Investments, the company offers a broad range of investment strategies and asset classes focused on sustainable, risk-adjusted returns and serving the needs of financial advisors and their clients.

Average Trading Volume: 1,290,644

Technical Sentiment Signal: Buy

Current Market Cap: $34.02B

For an in-depth examination of RJF stock, go to TipRanks’ Overview page.