Raymond James Financial Inc. Reports Record Client Assets in November 2025

By Chris Stiles • Thursday, December 18 04:08 • Permanent Link

Raymond James Financial, Inc. (NYSE: RJF) has released its operating data for November 2025, showing significant growth in several key performance metrics compared to the same period last year and the previous month.

The company reported record client assets under administration of $1.77 trillion, representing a 10% increase compared to November 2024 and a 1% increase over the preceding month. The Private Client Group assets under administration also saw a substantial 11% year-over-year and 1% sequential increase, reaching $1.70 trillion in November 2025.

Furthermore, the assets in fee-based accounts within the Private Client Group surged by 15% year-over-year and 1% sequentially, reaching $1.03 trillion. Financial assets under management experienced an 11% year-over-year and 1% sequential growth, totaling $279.8 billion in November 2025.

The company's bank loans, net also saw a notable increase, rising by 12% year-over-year and 1% sequentially to reach $52.4 billion.

However, clients' domestic cash sweep and Enhanced Savings Program balances decreased by 3% compared to November 2024, but increased by 1% sequentially, reaching $56.0 billion.

Raymond James Financial's CEO, Paul Shoukry, attributed the growth in client assets under administration to net asset inflows driven by strong recruiting and higher equity markets. Despite the positive performance in various metrics, Shoukry noted that investment banking revenues for the first two months of the current quarter were down approximately 20% from the first two months of the preceding quarter, primarily due to the timing of closings.

Raymond James Financial, Inc. has been listed on the New York Stock Exchange since 1983 under the symbol RJF and serves as a leading diversified financial services company providing private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities. As a result of these announcements, the company's shares have moved -0.48% on the market, and are now trading at a price of $161.18. If you want to know more, read the company's complete 8-K report here.

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