- Raymond James’ client assets under administration reached a record of $1.42 trillion.
- The financial assets under management increased by 16% year-on-year to $220.5 billion.
- The record increase in client assets was driven by strong advisor retention and recruiting results, as well as equity market appreciation.
- Chair and CEO Paul Reilly confirmed the record increase in client assets under administration.
- The firm received 5 buys, 11 holds, and 0 sells.
A look at Raymond James Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, the long-term outlook for Raymond James Financial is looking positive. The company has received a value score of 3, indicating that it is reasonably priced and has solid fundamentals. Additionally, its growth score is a 4, suggesting that the company is expected to experience strong growth in the future. Raymond James Financial has also been given a high resilience score of 5, meaning that it is well-positioned to weather any potential economic downturns. Furthermore, the company’s momentum score of 4 indicates that it has been performing well in the market recently. Overall, Raymond James Financial has received a solid rating from Smartkarma Smart Scores, making it a potentially attractive investment option for individuals, corporations, and municipalities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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