Raymond James Financial Client Assets Under Administration Rise by 3% in February

Thursday, 21 March 2024, 14:54

Raymond James Financial disclosed a significant 3% increase in client assets under administration for February, marking an 18% surge compared to the same month last year. This growth propelled total assets to $1.42T by the end of the period. Raymond James continues to show robust performance and sustained growth in managing client assets.
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Raymond James Financial Client Assets Under Administration Rise by 3% in February

Raymond James Financial client assets increase by 3%

Raymond James Financial disclosed a significant 3% increase in client assets under administration for February, marking an 18% year-over-year surge. The total assets under administration reached $1.42 trillion at the end of the month.

Key Highlights:

  • Monthly Growth: 3%
  • Year-over-year Rise: 18%

Implications:

  1. This consistent growth indicates Raymond James Financial's effective management of client assets.
  2. The company is poised for further expansion in the financial market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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