Raymond James client assets reach $1.97T in August
The release also reports fee-based client assets, managed assets, bank loans and client cash-program balances, with comparisons against prior periods.
Rhea-AI Filing Summary
Raymond James Financial (RJF) reported selected operating data for August 2026. Client assets under administration were $1,966.4 billion as of August 31, 2026, up 16% from August 31, 2025 and 2% from July 31, 2026. Private Client Group assets under administration were $1,899.7 billion, up 17% year over year and 2% from July 31, 2026.
Fee-based accounts held $1,181.2 billion, up 21% year over year and 2% from July 31, 2026; financial assets under management were $350.5 billion, up 30% and 2%, respectively. Net bank loans were $56.4 billion, up 12% year over year. Client domestic cash sweep and Enhanced Savings Program balances were $57.4 billion, up 6% year over year and 1% from July 31, 2026. CEO Paul Shoukry said growth in securities-based loans and residential mortgages offset declines in corporate loans; he also said investment banking pipelines and client activity remained strong, though closing timing was uncertain. The company cautioned that the selected monthly data should not be assumed to correlate consistently with earnings.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Client assets under administration: $1,966.4 billion
Private Client Group assets under administration: $1,899.7 billion
Private Client Group assets in fee-based accounts: $1,181.2 billion
+3 more
6 metrics
Client assets under administration
$1,966.4 billion
As of August 31, 2026; up 16% year over year and 2% from July 31, 2026
Private Client Group assets under administration
$1,899.7 billion
As of August 31, 2026; up 17% year over year and 2% from July 31, 2026
Private Client Group assets in fee-based accounts
$1,181.2 billion
As of August 31, 2026; up 21% year over year and 2% from July 31, 2026
Financial assets under management
$350.5 billion
As of August 31, 2026; up 30% year over year and 2% from July 31, 2026
Bank loans, net
$56.4 billion
As of August 31, 2026; up 12% year over year
Clients’ domestic cash sweep and Enhanced Savings Program balances
$57.4 billion
As of August 31, 2026; up 6% year over year and 1% from July 31, 2026
Key Terms
assets under administration, assets in fee-based accounts, assets under management, cash sweep, +1 more
5 terms
assets under administration financial
"Client assets under administration"
Assets under administration (AUA) is the total market value of clients’ investments and accounts that a financial firm oversees for recordkeeping, reporting, and transaction processing without necessarily deciding how the money is invested. Think of it like a warehouse that stores and tracks other people’s goods: bigger AUA shows a firm’s scale, steady fee potential and client trust, so changes can signal growing business or client withdrawals that matter to investors.
assets in fee-based accounts financial
"Private Client Group assets in fee-based accounts"
assets under management financial
"Financial assets under management"
Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.
cash sweep financial
"Clients’ domestic cash sweep and Enhanced Savings Program balances"
An arrangement that automatically uses a company’s excess cash to pay down debt or move money into a designated account instead of leaving it idle. Think of it like a household automatically applying any paycheck remainder to a mortgage: it reduces outstanding loans and interest costs but can also limit cash available for dividends, share buybacks, or new projects. Investors watch cash sweeps because they affect a firm’s leverage, interest expense, and short-term flexibility.
securities-based loans financial
"growth of securities-based loans and residential mortgages"
A securities-based loan is a loan where an investor uses stocks, bonds or other marketable investments as the pledged asset to borrow cash without selling those holdings — like using a house for a mortgage or pawning a watch. It matters to investors because it provides quick liquidity or leverage while keeping potential upside, but it also increases risk: falling asset prices can trigger demands for more collateral or forced sales, affecting portfolio value and financing costs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much client assets under administration did RJF report for August 2026?
RJF reported client assets under administration of $1,966.4 billion as of August 31, 2026, up 16% from August 31, 2025 and 2% from July 31, 2026.
What did RJF say drove August bank-loan movement and investment-banking activity?
CEO Paul Shoukry said bank loans were up slightly from the prior month as growth in securities-based loans and residential mortgages offset declines in corporate loans. He said investment banking pipelines and client activity remained strong, though the timing of closings remained uncertain.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
Date of Report (date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(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:
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 | ||||||
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 7.01 Regulation FD Disclosure
On September 23, 2026, Raymond James Financial, Inc. (the “Company”) issued a press release to disclose its operating data for August 2026. A copy of this press release is attached to this Current Report as Exhibit 99.1 and is incorporated herein by reference.
The information in this Current Report, including any exhibits hereto, is being “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing of the Company with the Securities and Exchange Commission, whether made before or after the date hereof, regardless of any general incorporation language in such filings (unless the Company specifically states that the information or exhibit in this particular report is incorporated by reference).
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following are filed as exhibits to this report:
Exhibit No.
99.1 Press release, dated September 23, 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: September 23, 2026 | By: | /s/ Jonathan W. Oorlog, Jr. | ||||||
| Jonathan W. Oorlog, Jr. | ||||||||
| Chief Financial Officer | ||||||||
| September 23, 2026 | FOR IMMEDIATE RELEASE | |||||||
| Media Contact: Steve Hollister, 727.567.2824 | ||||||||
| Investor Contact: Kristina Waugh, 727.567.7654 | ||||||||
| raymondjames.com/news-and-media/press-releases | ||||||||
RAYMOND JAMES FINANCIAL REPORTS AUGUST 2026 OPERATING DATA
ST. PETERSBURG, Fla. - Raymond James Financial, Inc. (NYSE: RJF) today reported selected operating data for August 2026, 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.
“Record assets under administration of $1.97 trillion grew 16% year-over-year and 2% sequentially, driven by higher equity markets and net asset inflows resulting from strong advisor retention and recruiting,” said CEO Paul Shoukry. “Clients’ domestic cash sweep and Enhanced Savings Program balances of $57.4 billion grew 6% year-over-year and 1% over the preceding month. Bank loans were up slightly over the prior month as growth of securities-based loans and residential mortgages offset declines in corporate loans. Investment banking pipelines and client activity remain strong, though the timing of closings remains uncertain.”
| Operating Data | |||||||||||||||||||||||||||||
| As of | % change from | |||||||||||||||||||||||||||||||
| $ in billions | August 31, 2026 | August 31, 2025 | July 31, 2026 | August 31, 2025 | July 31, 2026 | |||||||||||||||||||||||||||
| Client assets under administration | $ | 1,966.4 | $ | 1,688.5 | $ | 1,927.7 | 16% | 2% | ||||||||||||||||||||||||
| Private Client Group assets under administration | $ | 1,899.7 | $ | 1,626.1 | $ | 1,859.9 | 17% | 2% | ||||||||||||||||||||||||
| Private Client Group assets in fee-based accounts | $ | 1,181.2 | $ | 978.9 | $ | 1,155.1 | 21% | 2% | ||||||||||||||||||||||||
Financial assets under management | $ | 350.5 | $ | 270.0 | $ | 344.6 | 30% | 2% | ||||||||||||||||||||||||
Bank loans, net | $ | 56.4 | $ | 50.2 | $ | 56.3 | 12% | —% | ||||||||||||||||||||||||
Clients’ domestic cash sweep and Enhanced Savings Program balances | $ | 57.4 | $ | 54.2 | $ | 56.7 | 6% | 1% | ||||||||||||||||||||||||
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. Total client assets are $1.97 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.
To download assets and photography for editorial use, visit https://www.raymondjames.com/news-and-media/media-resources.