According to documents submitted to the US Securities and Exchange Commission, Raymond James Financial achieved a historic breakthrough in client assets under management in April, reaching a total of $1.87 trillion.

This figure not only sets a new company record but also demonstrates a strong year-on-year growth of 22%. The significant expansion in assets under management highlights the company's sustained ability to attract and retain client assets amid market volatility. This growth may result from a combination of factors, including asset appreciation driven by higher market valuations and consistently robust net new asset inflows. The record-high assets under management lay a solid foundation for the company's financial performance and long-term growth outlook, further strengthening its competitive position in the financial services industry.