Core Viewpoint - The stock price of Raymond James Financial (RJF.N) has declined by 2.89% to $154.01 as of February 12, 2026, primarily due to market concerns over AI-driven financial tools potentially replacing traditional financial advisory services [1] Stock Performance - On February 10, 2026, the launch of Altruist's AI-driven tax planning tool, Hazel, led to a collective sell-off in the wealth management sector, causing Raymond James Financial's stock to drop by 8.75% [1] - The stock's decline on February 12 is a continuation of the negative sentiment, with a daily trading volume of approximately $189 million and a price fluctuation of 5.01% [1] - The overall asset management sector saw a decline of 3.40% on February 12, exacerbated by a broader market downturn, with the Nasdaq index falling by 1.41% [2] Institutional Perspectives - During the earnings call on February 11, 2026, Raymond James Financial projected a 6.5% quarter-over-quarter increase in management fees and announced plans to increase investments in AI technology [3] - Some institutions, such as Citizens, believe that the current sell-off may be an overreaction to short-term sentiments, suggesting that AI is more likely to expand rather than completely replace human advisory services [3]
瑞杰金融股价下跌受AI工具冲击财富管理板块及市场情绪影响
Jing Ji Guan Cha Wang·2026-02-12 22:55