Raymond James Reports August 2026 Operating Data with Record $1.97T AUA

Executive Summary

On September 23, 2026, Raymond James Financial, Inc. filed a Current Report on Form 8-K under Item 7.01 (Regulation FD Disclosure) to report selected monthly operating metrics for August 2026.

Operating Highlights (As of August 31, 2026)

• Client Assets Under Administration (AUA): Reached a record $1,966.4 billion, reflecting a 16% year-over-year increase compared to $1,688.5 billion as of August 31, 2025, and a 2% sequential rise from $1,927.7 billion in July 2026.
• Private Client Group (PCG) AUA: Stood at $1,899.7 billion, up 17% YoY and 2% sequentially.
• PCG Fee-Based Account Assets: Grew to $1,181.2 billion, up 21% YoY ($978.9 billion in August 2025) and 2% MoM.
• Financial Assets Under Management (AUM): Totaled $350.5 billion, climbing 30% YoY from $270.0 billion and 2% MoM.
• Net Bank Loans: Reported at $56.4 billion, up 12% YoY from $50.2 billion and essentially flat compared to $56.3 billion in July 2026.
• Domestic Cash Sweep & Enhanced Savings Program: Balances totaled $57.4 billion, an increase of 6% YoY from $54.2 billion and 1% MoM from $56.7 billion.

Management Commentary

CEO Paul Shoukry highlighted that record AUA growth was driven by higher equity market levels and net asset inflows resulting from strong financial advisor retention and recruitment. In banking operations, growth in securities-based loans and residential mortgages offset declines in corporate lending. Investment banking pipelines and client engagements remained active, although transaction timing remains subject to broader market conditions.

Market & Trading Significance

This filing represents a standard monthly Regulation FD data release. While the metrics confirm sustained organic growth and asset expansion, the information is furnished rather than filed under Section 18 of the Exchange Act and does not indicate immediate extraordinary corporate events.