Welcome to our dedicated page for Raymond James Financial news (Ticker: RJF), a resource for investors and traders seeking the latest updates and insights on Raymond James Financial stock.
Raymond James Financial reports developments across a diversified financial services business centered on wealth management, investment banking, asset management and capital markets. Company updates commonly cover Private Client Group results, client assets under administration, fee-based account activity, advisor recruiting and independent contractor channel leadership, alongside bank loans, cash sweep balances and capital returns.
Recurring news also includes quarterly earnings, monthly operating data, common-stock dividends, preferred-stock actions, advisor recognition within Raymond James & Associates, and technology initiatives such as the Rai digital AI operations agent. These items reflect the firm's mix of advisor-led wealth management, banking-related balance sheet activity and institutional financial services.
Raymond James Financial (NYSE:RJF) has welcomed a significant team of financial advisors to its independent advisor channel, Raymond James Financial Services (RJFS). The 16-member team, led by Thomas C. Rapp, Ronald J. Greenberg, and Patrick Maguire, previously managed approximately $1.8 billion in client assets at M Financial Group.
The team, operating from offices in Morristown, New Jersey and West Palm Beach, Florida, specializes in serving ultra-high-net-worth families through private placement life insurance, private placement variable annuities, and sophisticated wealth management strategies. The group includes 14 senior financial professionals and is supported by more than 15 investment and branch professionals.
This strategic addition enhances Raymond James's wealth management capabilities, with the firm currently managing total client assets of approximately $1.64 trillion as of June 30, 2025.
Raymond James Financial (NYSE:RJF) has welcomed financial advisors Leo Boisvert and Erik Heben to its independent advisor channel, Raymond James Financial Services (RJFS). The duo, previously with Commonwealth Financial Network, managed approximately $210 million in client assets.
As co-founders of Private Wealth Consultants in Fort Myers, Florida, they specialize in serving families, corporate executives, business owners, healthcare professionals, and retirees. Boisvert brings 32 years of industry experience and holds an MBA along with CIMA® and CDFA® designations, while Heben contributes 30+ years of experience and holds CFP® certification. They are joined by two support staff members.
Lisa Detanna, Managing Director of the Global Wealth Solutions Group of Raymond James (NYSE:RJF), has been ranked #8 on Barron's 2025 Top 100 Women Financial Advisors list. With over 30 years of industry experience, Detanna joined Raymond James in 2011 and has consistently made Barron's Top 100 Women's list.
The ranking is based on factors including practice quality, assets under management, and financial planning services. As Managing Director, Detanna focuses on providing comprehensive wealth management services, including multi-generational family office services and financial education for clients' families.
Raymond James Financial (NYSE:RJF) announced that Texas Community Bank (TCB) has selected its Financial Institutions Division platform to enhance their financial planning and advisory services. TCB Investments, based in Laredo, Texas, will provide investment and wealth management services through Raymond James Financial Services.
The program includes financial advisors Luis J. Gonzalez, III and Carlos M. Chapa, who collectively manage approximately $605 million in client assets. The partnership will provide TCB access to Raymond James' resources, advanced technology, and investment platform, specifically tailored for financial institutions.
Raymond James (NYSE:RJF) has achieved a significant milestone of 150 consecutive quarters of profitability, spanning nearly 38 years. The company's fiscal third-quarter earnings announcement highlighted its remarkable growth from an annual net income of $9.6 million in 1987 to over $2 billion currently, with client assets under administration exceeding $1.5 trillion.
The firm has evolved from a small financial planning office in St. Petersburg to a global financial services company with 17,000 employees and 8,900 affiliated financial advisors across two continents. Raymond James recently received recognition from JD Power's Investor Satisfaction Survey as the top wealth management firm for advised investor satisfaction.
Raymond James Financial (NYSE:RJF) reported strong fiscal Q3 2025 results with record net revenues of $10.34 billion and pre-tax income of $1.98 billion for the first nine months of fiscal 2025, up 10% and 5% respectively year-over-year. The quarter saw net revenues of $3.40 billion, up 5% from the previous year, with net income of $435 million, or $2.12 per diluted share.
The company achieved record client assets under administration of $1.64 trillion and Private Client Group assets in fee-based accounts of $943.9 billion, marking 11% and 15% increases respectively. During Q3, RJF repurchased $451 million of common stock at an average price of $137 per share. The quarter included a $58 million legal reserve related to a settlement of bond underwriting matters.
The company maintained strong capital ratios with a total capital ratio of 24.3% and tier 1 leverage ratio of 13.1%, celebrating its 150th consecutive quarter of profitability.
TriState Capital Bank (NYSE:RJF) has been recognized among the top equipment finance companies in the US by Monitor for the sixth consecutive year. The bank achieved a 28.5% year-over-year growth in total loans and leases, reaching $708.3 million in 2024 from $551.2 million in 2023. The bank ranked No. 77 on the 2025 Monitor 100, advancing seven positions from the previous year.
The equipment finance division added $313.4 million in new business in 2024, focusing on essential-use equipment financing in transportation, manufacturing, and construction sectors. Since its 2018 launch, the division has grown from $18.1 million to $708 million in assets, maintaining strong performance despite challenging rate environments.
Raymond James Financial (NYSE:RJF) has announced the addition of veteran financial advisor Robert Chanin to Raymond James & Associates, the firm's employee advisor channel. Chanin, who joins from Stifel, previously managed approximately $750 million in client assets and brings over 45 years of industry experience to his role as managing director.
Based in Macon, Georgia, Chanin specializes in high-net-worth client wealth management. The transition strengthens Raymond James' presence in the South Atlantic region and demonstrates the firm's ability to attract established advisors with significant books of business.
Lisa Detanna, Private Wealth Advisor and Managing Director at Raymond James (NYSE: RJF), has been named to Barron's 2025 Top 100 Financial Advisors list, published on May 9, 2025. With over 30 years of experience, Detanna specializes in advising family offices, multigenerational families, and high-net-worth individuals. The recognition is based on various criteria including assets under management, revenue, regulatory record, and practice quality.
Raymond James Financial currently has approximately 8,700 financial advisors and manages total client assets of $1.45 trillion. The rankings were determined from data provided by 1,402 individual advisors, requiring a minimum of 7 years of financial services experience and meeting various qualitative and quantitative criteria.
Raymond James Financial (NYSE: RJF) has announced its latest quarterly dividend declarations. The company's Board of Directors declared a quarterly cash dividend of $0.50 per share on its common stock, which will be paid on July 15, 2025, to shareholders of record as of July 1, 2025.
Additionally, the Board declared a quarterly dividend of $0.3984375 per depositary share on its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock, payable on July 1, 2025, to shareholders of record on June 13, 2025.