Raymond James reports record client assets, 10% YoY growth.

• Raymond James reports Q2 2025 operating data • Client assets under administration up 10% YoY • Advisor recruiting activity robust • Domestic cash sweep inflows • Higher equity markets contribute to growth • Net asset inflows boost client assets

Title: Raymond James Reports Q2 2025 Operating Data

Raymond James Financial (NYSE:RJF) has released its Q2 2025 operating data, showcasing significant growth and strategic advancements. The firm reported a 10% year-over-year (YoY) increase in client assets under administration, reaching approximately $1.64 trillion as of June 30, 2025 [1]. This growth is attributed to robust advisor recruiting activity, domestic cash sweep inflows, and higher equity markets contributing to overall asset inflows.

The company's advisor recruiting efforts have been particularly notable. Raymond James Financial Services (RJFS) welcomed a team of 16 financial advisors, led by Thomas C. Rapp, Ronald J. Greenberg, and Patrick Maguire, from M Financial Group. This team, which managed approximately $1.8 billion in client assets, specializes in serving ultra-high-net-worth families through sophisticated wealth management strategies [1]. The addition of this team strengthens Raymond James' position in the ultra-high-net-worth market segment and enhances its wealth management capabilities.

Domestic cash sweep inflows have also played a crucial role in the company's growth. Raymond James reported substantial inflows into its domestic cash sweep programs, further bolstering its liquidity and asset base. The firm's ability to attract and retain clients through these programs highlights its strong market position and client trust.

Moreover, the company's equity markets have contributed significantly to its growth. Higher equity markets have driven net asset inflows, which have in turn boosted client assets. Raymond James' investment strategies and expertise have positioned the firm to capitalize on market opportunities, further fueling its growth.

The strategic acquisition of Greenberg & Rapp, a 16-advisor team previously with M Financial Group, has also been a key factor in Raymond James' success. This acquisition strengthens the firm's competitive position in the ultra-high-net-worth market segment and expands its footprint in key wealth markets, such as New Jersey and Florida [1]. The team's expertise in private placement life insurance and private placement variable annuities complements Raymond James' existing Private Wealth program, offering tax advantages for wealthy investors.

Overall, Raymond James Financial's Q2 2025 operating data demonstrates strong performance and strategic growth. The firm's ability to attract top talent, manage cash inflows effectively, and capitalize on market opportunities positions it well for continued success.

References:
[1] https://www.stocktitan.net/news/RJF/raymond-james-welcomes-1-8-billion-financial-advisor-team-in-new-ixncjuahs6es.html