You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Raymond James Investment Management, the asset management subsidiary of Raymond James, has Jeff Ringdahl, a former asset management executive who previously worked at a registered investment advisor, as president. Raymond James announced that Ringdahl will start in the role on Jan. 5, leading strategy and key initiatives for the $118.5 billion asset management division. He steps into a role vac ...

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Raymond James announced today that Bank Midwest has selected its Financial Institutions Division (FID) to support the bank's investment program. ...

With a market cap of $32.3 billion, Saint Petersburg, Florida-based Raymond James Financial, Inc. (RJF) is a diversified financial services firm offering private client, capital markets, asset management, banking, and other specialized services across the U.S., Canada, and Europe. The company supports individuals, corporations, and municipalities with a wide range of financial solutions. Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Raymond James Financial fits t ...

Key Takeaways Raymond James launched a $2B share repurchase plan, replacing its prior $1.5B authorization.The firm raised its quarterly dividend to 54 cents per share, an 8% increase from the prior payout.Strong cash levels and earnings support the sustainability of RJF's capital distribution strategy.Raymond James Financial, Inc. (RJF) has announced a new share repurchase program alongside an 8% increase in quarterly cash dividends.Under the buyback plan, RJF will be able to repurchase up to $2 billion wor ...

Core Points - Raymond James Financial, Inc. declared a quarterly cash dividend of $0.54 per share, an 8% increase from the previous dividend of $0.50 per share [1] - The Board authorized a share repurchase program of up to $2 billion, replacing the previous $1.5 billion authorization [2] - A quarterly dividend of $0.3984375 per depositary share of Series B Preferred Stock was declared, with a redemption of all outstanding shares scheduled for January 2, 2026 [3] - Raymond James Financial, Inc. manages total client assets of $1.75 trillion and provides a range of financial services [4]

Core Points - Raymond James Financial, Inc. will redeem all 80,500 outstanding shares of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock on January 2, 2026 [1] - The redemption price will be $1,000.00 per share of Series B Preferred Stock and $25.00 per Series B Depositary Share, excluding any declared and unpaid dividends [1] - After the redemption, no shares of Series B Preferred Stock or Series B Depositary Shares will remain outstanding [1] Company Overview - Raymond James Financial, Inc. is a diversified financial services company providing services such as private client group, capital markets, asset management, and banking [3] - The company manages total client assets amounting to $1.75 trillion [3] - Raymond James has been publicly traded since 1983 and is listed on the New York Stock Exchange under the symbol RJF [3]

Capital Requirements and Regulatory Compliance - RJF, Raymond James Bank, and TriState Capital Bank must comply with U.S. Basel III capital rules, which establish minimum capital requirements and a capital conservation buffer[78]. - Failure to meet capital requirements can lead to regulatory actions that may materially affect financial results, including limitations on dividend payments and stock repurchases[79]. - As of September 30, 2025, both Raymond James Bank and TriState Capital Bank were categorized as well-capitalized, indicating strong financial health[88]. - The Federal Deposit Insurance Corporation (FDIC) assesses banks with over $10 billion in assets, including Raymond James Bank and TriState Capital Bank, using a scorecard method based on regulatory ratings and asset quality[85]. - The Volcker Rule prohibits RJF from engaging in proprietary trading and imposes restrictions on relationships with covered funds, ensuring compliance with market terms[89]. - RJF is required to act as a source of financial strength for its subsidiary banks, potentially providing financial assistance in times of distress[82]. - The SEC mandates that broker-dealer subsidiaries maintain minimum net capital to meet customer commitments, limiting capital transfers to parent companies[98]. - Raymond James Bank and TriState Capital Bank are subject to the Community Reinvestment Act, which requires them to meet the credit needs of their communities[91]. International and Subsidiary Regulations - The Canadian subsidiary, RJ Ltd., is regulated under federal and provincial laws, providing investor protection up to 1 million CAD per client[102]. - Raymond James Financial's UK subsidiaries are regulated by the FCA and provide investment services primarily to high-net-worth individuals, benefiting from the Financial Ombudsman Service and the Financial Services Compensation Scheme[104]. - The German subsidiary, Raymond James Corporate Finance GmbH, is licensed by BaFin and must comply with capital, liquidity, governance, and business conduct requirements[105]. - The majority of asset managers are registered as investment advisers with the SEC, subjecting them to extensive federal and state regulations[106]. Compliance and Data Protection - Compliance with the U.S. Bank Secrecy Act and related laws is mandatory, requiring financial institutions to implement anti-money laundering measures[107]. - The SEC's amendments to Regulation S-P require broker-dealers to adopt incident response programs for unauthorized access to customer information, effective December 21, 2025[114]. - The California Privacy Rights Act, enforceable in 2023, mandates additional disclosures and data rights for California residents[112]. - The E.U. and UK GDPR impose strict data protection compliance requirements on companies processing personal data of E.U. and UK residents[113]. - The company has implemented policies and training to ensure compliance with financial privacy and data security regulations[117]. Management and Forward-Looking Statements - The executive team has undergone significant changes, with multiple new appointments effective October 2024, including a new Chief Financial Officer and Chief Operating Officer[119]. - Forward-looking statements in the annual report highlight potential risks and uncertainties regarding future financial results and market conditions[123].

Core Viewpoint - Raymond James Financial, Inc. reported strong earnings for Q4 fiscal 2025, with adjusted earnings per share of $3.11, surpassing estimates and reflecting a 5% year-over-year increase [3][5]. Financial Performance - The company achieved record quarterly net revenues of $3.73 billion, an 8% increase year-over-year, exceeding the Zacks Consensus Estimate of $3.60 billion [6]. - For fiscal 2025, net revenues reached $14.07 billion, up 10% year-over-year, also beating the Zacks Consensus Estimate of $13.94 billion [6]. - Net income available to common shareholders for Q4 was $603 million, or $2.95 per share, compared to $601 million, or $2.86 per share, in the prior-year quarter [4]. Revenue Segmentation - The Private Client Group saw a 7% year-over-year growth in net revenues, while Asset Management's net revenues rose by 14% and Capital Markets increased by 6% [7]. - The Bank segment recorded a 6% rise in net revenues, but the "Others" category experienced a significant decline of 57% [7]. Expense Analysis - Non-interest expenses increased by 11% year-over-year to $3 billion, driven by rising costs across all components except for bank loan provisions for credit losses [8]. Asset Management - As of September 30, 2025, client assets under administration reached a record $1.73 trillion, up 10% from the previous year, while financial assets under management grew by 12% to $274.9 billion [9]. Balance Sheet Strength - Total assets stood at $88.2 billion, a 4% increase from the prior quarter, with total common equity at $12.4 billion, up 2% sequentially [10]. - The book value per share increased to $62.72 from $57.03 a year ago [10]. Share Repurchase Activity - In the reported quarter, the company repurchased shares worth $350 million at an average price of $166 per share [12]. Future Outlook - The company anticipates a 6.5% sequential increase in asset management and related administrative fees for the first quarter of fiscal 2026 [13]. - Management expects the aggregate of net interest income and third-party fees to remain stable in the upcoming quarter, despite the impact of the September Fed rate cut [14]. - The effective tax rate for fiscal 2026 is estimated to be around 24-25% [15]. Market Position - Raymond James Financial has a Zacks Rank of 3 (Hold), indicating an expectation of an in-line return in the coming months [18].

We got to do final trades. I turn to Brian Bellski. >> Scott, we're going >> humble humilous.>> Yes. >> Capital management. >> Thank you. Thank you.We're going with Raymond James Financial. One of the last standalone brokerage firms. It's a wonderful shop with both a broker dealer and an asset management business.>> I'm going Zcaler. It's been falling this week, but earnings are in a couple of weeks. I expect them to be strong.Link sir. >> Paloalto. ...

Group 1 - The discussion highlights the final trades being made by analysts, indicating a focus on timely investment decisions [1] - Raymond James Financial is noted as a prominent standalone brokerage firm with both broker-dealer and asset management services, suggesting its strong market position [1] - Zscaler is mentioned as a company experiencing a decline in stock price, but analysts anticipate strong earnings in the upcoming report [1] - Palo Alto Networks is also referenced, indicating interest in its performance within the cybersecurity sector [1]