RAYMOND JAMES FINANCIAL : REPORTS APRIL 2022 OPERATING DATA - Form 8-K
May 24, 2022 at 04:42 pm EDT
Share
RAYMOND JAMES FINANCIAL REPORTS APRIL 2022 OPERATING DATA
ST. PETERSBURG, Fla. - Raymond James Financial, Inc. (NYSE: RJF) today reported selected operating data for April 2022, in an effort to provide timely information to investors about monthly developments in certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.
"While advisor retention and recruiting remained strong across our multiple affiliation options, client assets decreased compared to the preceding month primarily driven by declines in the equity markets," said Chair and CEO Paul Reilly. "Investment banking pipelines are healthy, but M&A and underwriting activity has slowed significantly across the industry due to geopolitical and macroeconomic uncertainties."
Selected Key Metrics
As of
% change from
$ in billions
April 30,
2022
April 30,
2021
March 31,
2022
April 30,
2021
March 31,
2022
Client assets under administration
$
1,183.9
$
1,128.7
$
1,256.1
5%
(6)%
Private Client Group assets under administration
$
1,126.0
$
1,068.4
$
1,198.3
5%
(6)%
Private Client Group assets in fee-based accounts
$
638.3
$
591.5
$
678.0
8%
(6)%
Financial assets under management
$
181.9
$
185.3
$
193.7
(2)%
(6)%
Raymond James Bank loans, net
$
28.5
$
23.1
$
27.9
23%
2%
Clients' domestic cash sweep balances
$
73.9
$
61.7
$
76.5
20%
(3)%
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.18 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available atwww.raymondjames.com.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Raymond James Financial Inc. published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 May 2022 20:41:09 UTC.
Raymond James Financial, Inc. specializes in financial services. Revenues (including intragroup) by activity break down as follows:
- investment services (76.9%): securities brokerage, stock exchange intermediation, intervention on equity, interest rate and foreign exchange markets, derivatives, trading services, etc. for private and institutional clients;
- retail banking and merchant banking (15.7%);
- asset management (6.9%): USD 196.4 billion in assets under management at the end of September 2023;
- other (0.5%).
Revenues are distributed geographically as follows: the United States (91.3%), Canada (4.9%) and Europe (3.8%).
RAYMOND JAMES FINANCIAL, INC. 
