Raymond James boosts assets
August 22, 2019 - Raymond James Financial posted gains in two categories of assets in July. Client assets under administration were $831.1 billion, up 8 percent over July 2018 and up 1 percent over June 2019. Financial assets under management were $144 billion, up 4 percent from July 2018 and 1 percent from June 2019. The growth of client assets was driven by equity market appreciation and the net addition of financial advisors in the Private Client Group, St. Petersburg-based Raymond James (NYSE: RJF) said in a news release.