Raymond James unveils operating data for July, increase of assets
August 26, 2021 - St. Pete-based Raymond James Financial Inc. (NYSE: RJF) reported an increase in client assets under administration. The record client assets under administration of $1.18 trillion increased 30% over July 2020 and 1% over June 2021, according to Raymond James' operating data for the month of July. The record financial assets under management of $194.4 billion increased 29% over July 2020 and 2% over June 2021. “Financial advisor retention and recruiting momentum remain strong across our multiple affiliation options,” Chairman and CEO Paul Reilly said in a statement. “In the Capital Markets segment, investment banking pipelines are robust but fixed-income brokerage activity declined in July.”