RJF · 10-Q · 2026Q2 · Full report

Acquisitions and Partnerships

RAYMOND JAMES FINANCIAL INC · 2026-08-05 · Importance 71 · Surprise 60 · In source text

RJF completed its acquisition of Clark Capital on April 30, 2026, adding approximately $36 billion of financial assets under management and $11 billion of non-discretionary assets. Clark Capital contributed two months of Asset Management revenue during the second quarter and increased related compensation and non-compensation expenses. RJF also acquired GreensLedge during fiscal 2026, with incremental Capital Markets revenue and compensation and other operating expenses recognized in the current period. Goodwill and identifiable intangible assets increased $761 million from September 30, 2025, primarily because of the Clark Capital and GreensLedge acquisitions.

Key facts

• On April 30, 2026 Raymond James completed acquisition of Clark Capital which contributed approximately $36 billion of financial AUM and $11 billion of non-discretionary assets, representing total client assets of $47 billion as of the acquisition date source
• The company acquired Clark Capital and GreensLedge in fiscal 2026 (current-year acquisitions referenced as incremental compensation and expenses associated with Clark Capital and GreensLedge) source
• GreensLedge acquisition completed toward the end of fiscal Q2 2026 (incremental revenue impact in Capital Markets) source
• Acquisition of Clark Capital contributed two months of revenues during the quarter ended June 30, 2026 source
• Goodwill and identifiable intangible assets, net increased $761 million versus September 30, 2025, primarily due to acquisitions of Clark Capital and GreensLedge during fiscal 2026 source

Impact estimates