The Market’s Trading Volume Plunges 27.59% to $210M Slumping to 470th in Daily Rankings

On August 14, 2025, The experienced a 27.59% decline in trading volume, recording $0.21 billion in transactions, placing it 470th in daily trading volume rankings. Meanwhile, PNC Financial Services (PNC) rose 0.60%.

Raymond James, a major independent broker-dealer, has faced significant leadership departures in its RIA & Custody Services division (RCS) over the past two years. Recent exits include senior vice president Brian Layton and director David Maus, both pivotal figures in the division. This exodus follows a pattern of turnover, with other senior advisors, such as Angela McVicar, relocating to competing platforms like Dynasty Financial Partners. The departures signal internal challenges in retaining key personnel, which could impact the division’s operational stability and client confidence.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to the present has yielded moderate returns. Total profits have grown steadily despite market fluctuations, with the strategy’s cumulative gain reaching $10,720 as of the latest data.