Raymond James (NYSE: RJF) plans acquisition of Clark Capital Management

Rhea-AI Filing Summary

Raymond James Financial reported that it has entered into a definitive agreement to acquire all outstanding shares of Clark Capital Management Group, Inc., described as a leading asset management firm focused on wealth-oriented solutions. This move expands Raymond James’ presence in asset management and adds capabilities aimed at serving wealth-focused clients.

The agreement was announced on January 15, 2026. A related press release with additional details is referenced as Exhibit 99.1 to the report.

Insights

Banking and Wealth Management Analyst

Raymond James is buying Clark Capital to deepen its wealth-focused asset management platform.

Raymond James Financial signed a definitive agreement to acquire all outstanding shares of Clark Capital Management Group. Clark Capital is described as a leading asset manager specializing in wealth-focused solutions, indicating a strategic fit with Raymond James’ core strengths in private client and advisory services.

The deal structure, pricing, and closing conditions are not detailed in the excerpt, but a definitive agreement typically reflects a high level of commitment from both parties. Integrating an established asset manager can broaden product offerings for financial advisors and their clients, particularly in portfolio strategies tailored to wealth management needs.

Further information is expected from the referenced press release dated January 15, 2026 and future company disclosures, which may outline financial terms, expected timing, and integration plans for Clark Capital within Raymond James’ existing asset management and wealth platforms.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

January 15, 2026

Date of Report (date of earliest event reported)

RAYMOND JAMES FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

Florida

1-9109

59-1517485

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

880 Carillon Parkway

St. Petersburg

Florida

33716

(Address of principal executive offices)

(Zip Code)

(727) 567-1000

(Registrant’s telephone number, including area code)

None

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, $.01 par value			RJF			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17 CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Item 8.01 Other Events

On January 15, 2026, Raymond James (the “Company”) announced that it has entered into a definitive agreement to acquire all of the outstanding shares in Clark Capital Management Group, Inc., a leading asset management firm specializing in wealth-focused solutions.

A copy of the press release issued by the Company in connection with the above is attached to this report as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits. The following are filed as exhibits to this report:

Exhibit No.			Description
99.1			Press release, dated January 15, 2026, issued by Raymond James Financial, Inc.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			RAYMOND JAMES FINANCIAL, INC.
Date: January 15, 2026			By:			/s/ Jonathan W. Oorlog, Jr.
						Jonathan W. Oorlog, Jr.
						Chief Financial Officer

FAQ

What transaction did Raymond James Financial (RJF) disclose in this 8-K?

Raymond James Financial disclosed that it has entered into a definitive agreement to acquire all of the outstanding shares of Clark Capital Management Group, Inc..

Who is Clark Capital Management Group in the Raymond James (RJF) filing?

Clark Capital Management Group, Inc. is described as a leading asset management firm specializing in wealth-focused solutions.

When did Raymond James (RJF) announce the Clark Capital acquisition agreement?

Raymond James announced the definitive agreement to acquire Clark Capital on January 15, 2026.

What type of SEC filing did Raymond James (RJF) use for the Clark Capital deal?

The disclosure was made in a Form 8-K under Item 8.01, which is used for reporting other significant events.

Where can investors find more details about Raymond James’ acquisition of Clark Capital?

Additional details are provided in a press release attached as Exhibit 99.1 to the report, which is incorporated by reference.

Did Raymond James (RJF) disclose financial statements with the Clark Capital acquisition announcement?

The report lists Exhibit 99.1 as a press release and Exhibit 104 as the cover page interactive data file; no additional financial statements are identified in the excerpt.