RJF · 10-Q · 2026Q2 · Full report

Asset Management Growth

RAYMOND JAMES FINANCIAL INC · 2026-08-05 · Importance 67 · Surprise 66 · No source text

Asset Management second-quarter 2026 net revenues increased 24% to $362 million, and pre-tax income increased 14% to $143 million. Financial assets under management totaled $345.0 billion at June 30, 2026, up from $263.2 billion a year earlier, including $35.6 billion contributed by the Clark Capital acquisition. Asset management and related administrative fees increased $72 million, or 26%, in the quarter and $143 million, or 17%, over nine months, driven by market appreciation, net inflows, and Clark Capital revenue. Non-discretionary asset-based program assets increased to $690.7 billion from $547.8 billion year over year, while Raymond James Trust assets increased to $13.3 billion from $11.2 billion.

Key facts

• Asset Management segment net revenues for quarter ended June 30, 2026: $362 million increased 24% and pre-tax income $143 million increased 14% source

Impact estimates