Raymond James Client Assets Under Management Grew 19% YoY And 2% MoM To $1.54T
Portfolio Pulse from Benzinga Newsdesk
Raymond James reported a 19% year-over-year and 2% month-over-month increase in client assets under management, reaching $1.54 trillion.
September 25, 2024 | 1:12 pm
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Raymond James Financial (RJF) reported significant growth in client assets under management, with a 19% increase year-over-year and a 2% increase month-over-month, reaching $1.54 trillion.
The reported growth in assets under management is a positive indicator of Raymond James Financial's business performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100