瑞杰金融股价受AI工具冲击大跌，机构对影响看法不一

Core Viewpoint - The recent volatility in RJF.N's stock price is primarily driven by concerns over AI tools disrupting the wealth management sector, particularly following the launch of Altruist's AI-driven tax planning tool, Hazel [1] Stock Performance - RJF.N's stock exhibited a volatility of 12.84% over the past week, with a peak price of $174.14 on February 10 and a low of $152.03 on February 12 [2] - On February 10, trading volume surged to $672 million, with a turnover rate of 2.12%, before dropping to $201 million on February 13, with a volume ratio of 0.53 [2] - As of February 13, the stock closed at $158.68, reflecting a cumulative decline of 7.82% over five days [2] Financial Report Analysis - During the earnings call on February 11, RJF.N projected a 6.5% quarter-over-quarter growth in asset management and related management fees for Q1 of fiscal year 2026, while maintaining a target of over 20% for adjusted pre-tax profit margin [3] - The company plans to increase investments in AI technology, expand its financial advisor recruitment, and advance the acquisition and integration of boutique investment bank Greensledge to adapt to industry changes [3] Institutional Perspectives - Analysts have differing views on the impact of AI disruption; Citizens analysts suggest that the sell-off may be an overreaction to short-term sentiment, indicating that AI is more likely to expand rather than completely replace human advisory services [4] - Royal Bank of Canada maintained a "Buy" rating for RJF.N on February 14, raising the target price from $168.2 to $182.16, highlighting the company's long-term growth potential [4]