01—Abstract
Summary
Summary of the 8-K filed September 23, 2026. Cited figures are marked; the original filing is the authoritative source.
On September 23, 2026, Raymond James Financial, Inc. furnished an 8-K under Item 7.01 (Regulation FD Disclosure) attaching a press release with selected operating data for August 2026.
The company says the data is provided for timely investor information on monthly developments in key metrics, and that a consistent correlation to earnings should not be assumed given the limited nature of the data. The filing is furnished rather than filed for purposes of Section 18 of the Securities Exchange Act of 1934. CEO Paul Shoukry described record client assets under administration of $1.97 trilliona, up 16% year-over-year and 2% sequentially, driven by higher equity markets and net asset inflows from strong advisor retention and recruiting.
Client domestic cash sweep and Enhanced Savings Program balances were $57.4 billionb, up 6% year-over-year and 1% from July. Bank loans were up slightly from the prior month, as growth in securities-based loans and residential mortgages offset declines in corporate loans. Investment banking pipelines and client activity remain strong, though the company noted the timing of closings remains uncertain.
02—Key points
Key Highlights
- Client assets under administration reached a record $1,966.4 billion at 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% sequentially.
- Private Client Group assets in fee-based accounts were $1,181.2 billion, up 21% year-over-year and 2% sequentially.
- Financial assets under management were $350.5 billion, up 30% year-over-year and 2% sequentially.
- Bank loans, net, were $56.4 billion, up 12% year-over-year and essentially unchanged from July 31, 2026; growth in securities-based loans and residential mortgages offset declines in corporate loans.
- Clients' domestic cash sweep and Enhanced Savings Program balances were $57.4 billion, up 6% year-over-year and 1% from July 31, 2026.
- Management cited strong investment banking pipelines and client activity, while noting the timing of closings remains uncertain.
03—Questions
Frequently Asked Questions
What did Raymond James disclose in this 8-K filing?
The company furnished a press release dated September 23, 2026 (Exhibit 99.1) under Item 7.01, disclosing selected operating data for August 2026. The information is furnished and not deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934.
How large are client assets under administration?
Client assets under administration were $1,966.4 billion (about $1.97 trillion) at August 31, 2026, up 16% from a year earlier and 2% from July 31, 2026. Management described this as a record.
What drove the growth in assets under administration?
CEO Paul Shoukry attributed the growth to higher equity markets and net asset inflows resulting from strong advisor retention and recruiting.
Does this monthly data reliably predict quarterly earnings?
The company stated that, due to the limited nature of this data, a consistent correlation to earnings should not be assumed.
How did bank lending and client cash balances change?
Bank loans, net, were $56.4 billion, up 12% year-over-year and essentially unchanged from July. Client domestic cash sweep and Enhanced Savings Program balances were $57.4 billion, up 6% year-over-year and 1% from July.
04—Continue