St. Petersburg, Fla., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Raymond James announced today that it has reached an agreement to acquire Clark Capital Management Group, Inc. (“Clark Capital”). Founded in 1986 by Harry Clark, Philadelphia-based Clark Capital is a leading asset management firm specializing in wealth-focused solutions, with over $46 billion in discretionary assets under management and non-discretionary assets. Clark Capital is recognized as a high-growth firm in the industry and has a track record of ...

Core Insights - The partnership between Boys & Girls Clubs of America and Raymond James Financial is a three-year initiative worth $10 million aimed at empowering young people with essential tools, resources, and mentorship for their development [1][2]. Company Overview - Boys & Girls Clubs of America has been operational for over 160 years, providing safe environments for youth to learn and grow, with over 5,500 clubs serving more than 4 million young people [5]. - Raymond James Financial, a diversified financial services company, manages total client assets of $1.75 trillion and has been publicly traded since 1983 [7]. Partnership Details - The partnership will fund three key program areas within Boys & Girls Clubs that focus on measurable outcomes for youth, including academic success and leadership development [2][6]. - Raymond James will be the exclusive Presenting Partner of the Youth of the Year program, which recognizes young leaders and provides them with leadership training and mentorship [2][3]. Program Initiatives - The partnership includes the implementation of Project Learn, an evidence-based program designed to enhance academic skills and foster a love of learning [6]. - The Summer Brain Gain program will be delivered to prevent youth from losing academic skills during summer breaks, integrating seamlessly with traditional summer schedules [6]. Community Engagement - Raymond James is committed to community building through charitable giving and volunteerism, with associates actively supporting Boys & Girls Clubs in various key markets across the United States [3][6].

Core Insights - Raymond James Financial, Inc. (RJF) is a diversified financial services platform with a market capitalization of approximately $32.2 billion, providing various financial services to individuals, corporations, and municipalities [1] Earnings Expectations - The company is set to report its fiscal 2026 first-quarter results on January 28, with analysts predicting diluted EPS of $2.85, reflecting a 2.7% decline from $2.93 in the same quarter last year [2] - For the full fiscal year 2026, Wall Street projects diluted EPS of $11.87, indicating an 11.4% year-over-year growth, while fiscal year 2027 EPS is forecasted to be $13.67, representing a 15.2% increase from the previous year [3] Stock Performance - RJF stock has increased by 3.9% over the past 52 weeks and 2.8% year-to-date, compared to the S&P 500 Index's gains of 17.1% and 1.1% respectively during the same periods [4] - The State Street Financial Select Sector SPDR ETF (XLF) has risen nearly 15.1% over the past 52 weeks and 1.5% year-to-date, highlighting a sector-level performance gap [4] Capital Return Actions - On December 3, 2025, the company announced an 8% increase in its quarterly cash dividend to $0.54 per share, payable on January 16, and authorized a new $2 billion share repurchase program, replacing a previous $1.5 billion plan [5] - Following the announcement, shares rose nearly 2% on December 3 and an additional 2.4% on December 4, indicating market confidence in the company's balance sheet strength and management's commitment to rewarding shareholders [6]

Core Insights - A significant 88% of business owners plan to transition some or all of their financial stake within the next decade, indicating a pressing need for comprehensive wealth planning [1][7] - The survey highlights that divesting a business is not merely a transaction but a transformation, necessitating deep strategic planning for owners [2] Asset Concentration - Nearly half (44%) of business owners report that their business accounts for more than half of their personal wealth, with 90% indicating it represents at least a quarter [4] Transition Timeline - Over half (56%) of business owners plan to fully or partially transition their financial stake within the next five years, with 85% having a transition plan in place [7] - The importance of timely personal wealth planning is emphasized, especially for those transitioning within the next five years [5] Growth Capital Needs - A substantial 85% of owners anticipate needing additional capital for future business growth, with various sources considered for this capital [5][8] Future Plans - 35% of owners intend to transition their business to a family member, a figure that rises to 44% among those with businesses valued over $15 million [10] - A notable 30% of owners plan to invest in or acquire a new business after transitioning their stake [6] Future Business Success - Business owners identify external factors such as market expansion (22%) and economic conditions (17%) as critical to future success, while people-centric factors like talent retention (12%) and leadership development (11%) rank lower [11][16]

Core Insights - Interactive Brokers Group (IBKR) and Raymond James Financial (RJF) represent two distinct approaches in the brokerage industry, with IBKR focusing on technology and low costs, while RJF emphasizes personalized, advisor-led services [1][2] Group 1: Interactive Brokers (IBKR) - IBKR offers unmatched global market access, allowing clients to trade across over 160 markets and various asset classes from a single platform [4][6] - Recent initiatives include enabling clients to trade Brazilian equities and introducing UAE equities, as well as launching zero-commission U.S. stock trading in Singapore [5][8] - IBKR has achieved a compound annual growth rate (CAGR) of 21.8% in total net revenues from 2019 to 2024, with continued growth expected [6] - The firm has a strong Daily Average Revenue Trades (DARTs) number, which is anticipated to drive revenue growth [7] - Analysts project IBKR's revenues for 2025 and 2026 to be $5.94 billion and $6.27 billion, respectively, indicating year-over-year growth rates of 13.7% and 5.7% [18] - Earnings estimates for IBKR are $2.06 for 2025 and $2.23 for 2026, reflecting growth rates of 17.1% and 8.1% [21] Group 2: Raymond James Financial (RJF) - RJF focuses on personalized financial solutions and has diversified revenue streams, including advisory fees and commissions [9][10] - The Private Client Group segment has shown strong performance, with net revenues growing at a CAGR of 11.4% from 2021 to 2025 [10] - RJF has made several acquisitions to expand its operations, including a majority interest in GreensLedge Holdings and entry into the private credit business [11][12] - RJF's investment banking fees declined in fiscal 2022 and 2023 but rebounded with growth of 7% and 26% in fiscal 2024 and 2025, respectively [12] - Revenue estimates for RJF for the current fiscal year and next year are $15.41 billion and $16.65 billion, with growth rates of 9.6% and 8% [22] - Earnings estimates for RJF are $11.87 for the current fiscal year and $13.68 for the next fiscal year, indicating growth of 11.4% and 15.3% [23] Group 3: Comparative Analysis - In the past six months, IBKR shares increased by 19.4%, while RJF shares rose by 7.8%, indicating stronger investor sentiment towards IBKR [14] - IBKR trades at a forward price-to-earnings (P/E) ratio of 29.68, while RJF trades at a P/E of 13.42, suggesting RJF is relatively inexpensive [15] - IBKR's return on equity (ROE) is 5.03%, significantly lower than RJF's 18.19%, indicating RJF's more efficient use of shareholder funds [17] - Analysts are more optimistic about IBKR's earnings growth potential compared to RJF, despite both companies showing encouraging revenue growth expectations [24][27]

Core Insights - The global merger and acquisition (M&A) cycle is experiencing a significant upswing, with 2025 marking a structural inflection point as companies and financial sponsors seek to offset slowing organic growth and secure competitive advantages, particularly in technology and AI [1][2] M&A Activity Overview - Global M&A activity surged 41% year over year to $4.81 trillion in 2025, the second-highest total on record, with 70 megadeals exceeding $10 billion [2] - Regulatory shifts under the Trump administration have created a more favorable environment for consolidation, easing approval processes [3] Outlook for 2026 - Large-scale M&As in 2026 are expected to focus on de-conglomeration and "buy-and-build" strategies, benefiting mid-market activity [5] - A 3% increase in deal volume is forecasted for 2026, with private equity-backed deals projected to rise due to undeployed capital and improved exit opportunities [7][6] Investment Banking Performance - Morgan Stanley's investment banking revenues rose 15% to $5.2 billion in the first nine months of 2025, supported by a healthy M&A pipeline [10][12] - Goldman Sachs advised on over $1 trillion in announced M&A volumes in 2025, maintaining a leadership position in global M&As [18] - Raymond James' investment banking fees increased by 26% in fiscal 2025, driven by a robust pipeline and active M&A market [24] Earnings Estimates - Morgan Stanley's earnings per share estimates for 2025 and 2026 are $9.88 and $10.41, reflecting year-over-year increases of 24.3% and 5.4% respectively [14] - Goldman Sachs' earnings per share estimates for 2025 and 2026 are $48.96 and $55.15, indicating growth of 20.8% and 12.6% respectively [20] - Raymond James' earnings per share estimates for fiscal 2026 and 2027 are $11.95 and $13.66, suggesting growth of 12.1% and 14.2% respectively [25]

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 ...

Core Viewpoint - Raymond James has been selected by Bank Midwest to support its investment program through its Financial Institutions Division [1] Group 1 - Bank Midwest has chosen Raymond James for its investment program [1]

Core Insights - Raymond James Financial, Inc. (RJF) is a diversified financial services firm with a market cap of $32.3 billion, offering a range of services including private client, capital markets, asset management, and banking across the U.S., Canada, and Europe [1][2] Financial Performance - RJF reported Q4 2025 results with capital markets net revenues increasing to $513 million from $483 million, and adjusted net income rising to $635 million ($3.11 per share) from $621 million ($2.95) [5] - The stock has shown a year-to-date increase of 5.7%, underperforming the Dow Jones Industrials Average's 12.2% gain [4] Stock Performance - RJF stock has fallen 7.6% from its 52-week high of $177.66 and has lagged behind the Dow's 4.9% return over the past three months [3] - Despite recent underperformance relative to the Dow, analysts maintain a "Moderate Buy" consensus rating for RJF, with a mean price target of $184.38 indicating a 12.3% premium to current levels [6] Market Position - RJF's operations include investment advisory, wealth management, investment banking, asset management, and lending products, categorizing it as a large-cap stock [2] - RJF has outperformed its rival, Blackstone Inc. (BX), which has seen a 19.1% decline over the past 52 weeks [6]

Core Insights - Raymond James Financial, Inc. (RJF) has initiated a new share repurchase program allowing for the buyback of up to $2 billion in shares, replacing the previous $1.5 billion plan announced in December 2024 [1][7] - The company has also increased its quarterly cash dividend by 8% to 54 cents per share, with the dividend payment scheduled for January 16, 2026 [2][7] - RJF's strong cash position of $11.4 billion and a manageable debt level of $700 million support the sustainability of its capital distribution strategy [3][4][7] Share Repurchase Program - The new share repurchase program has no expiration date and allows RJF to repurchase shares worth up to $2 billion [1][7] - As of December 2, 2025, approximately $105 million worth of shares were still available for repurchase under the previous plan [1] Dividend Announcement - The quarterly cash dividend of 54 cents per share reflects an 8% increase from the previous payout, continuing RJF's trend of regular dividend increases over the past decade [2][3] - The dividend will be paid to shareholders of record as of January 2, 2026 [2] Financial Position - RJF's annualized dividend yield stands at 1.26%, providing a steady income stream for investors, with a dividend payout ratio of 19% [3] - The company's cash and cash equivalents of $11.4 billion indicate a strong balance sheet, supporting its capital distribution strategy [3][4] Market Performance - Over the past six months, RJF's shares have increased by 10.7%, while the industry has seen a growth of 20.6% [5]