In 2018, the future was continuing to rapidly change shape.
But we remained focused on what’s now, on what’s always been: Our clients.
Private Client Group
Industry-leading retention of current advisors, strong productivity and record recruiting – boosted by positive equity markets and higher short-term interest rates – combined to drive Private Client Group client assets under administration up 15% to $755.7 billion as of the end of fiscal year 2018.
Capital Markets reported record Investment Banking and overall Equity Capital Markets (ECM) revenues in 2018, driven primarily by robust Mergers & Acquisitions (M&A) activity. This growth in M&A helped offset the impact of a challenging environment for equity and fixed income institutional commissions, as well as Public Finance Underwriting.Learn More
The combined efforts of Asset Management Services (AMS), which provides a single source for managed accounts and fee-based platforms for Raymond James financial advisors, and Carillon Tower Advisers, a global asset management firm made up of independent boutiques spanning various investment disciplines and asset classes, resulted in strong results in 2018.Learn More
Raymond James Bank
Driven by continued growth in its loan portfolio and bolstered by a rising interest rate environment, Raymond James Bank posted record net revenues and pre-tax income in fiscal year 2018 – increases of 23% and 20% over fiscal 2017, respectively.