Raymond James Financial, Inc.·Financial Services

A wave of investor withdrawals and concerns over deteriorating loan quality are forcing asset managers to cap redemptions in their private credit funds. But strategists say a rise in defaults could help flush out bad loans, bringing a painful but ultimately healthy reset for the sector.

Congress Asset Management Co. lowered its stake in Raymond James Financial, Inc. (NYSE: RJF) by 19.5% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 514,314 shares of the financial services provider's stock after selling 124,776 shares during the quarter. Congress

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St. Petersburg, Fla., March 18, 2026 (GLOBE NEWSWIRE) -- Raymond James today announced that Raymond James Financial Services Independent Contractor Division (ICD) Division Director Kirk Bell has been named president of ICD, effective April 1. In this role, Bell will join Raymond James' Senior Leadership Team and the Private Client Group's (PCG) Executive Leadership Team as he leads ICD's efforts to deepen advisor partnerships and strengthen its growth trajectory.

Avity Investment Management Inc. cut its stake in Raymond James Financial, Inc. (NYSE: RJF) by 8.3% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,628 shares of the financial services provider's stock after selling 13,078 shares during the quarter.

First Trust Advisors LP raised its position in shares of Raymond James Financial, Inc. (NYSE: RJF) by 4.5% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,597,519 shares of the financial services provider's stock after buying an additional 111,950 shares during
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party product partners, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; and securities borrowing and lending services. The Capital Markets segment provides investment banking services, including equity underwriting, debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. The Asset Management segment offers asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Raymond James Bank segment provides insured deposit accounts; commercial and industrial, commercial real estate (CRE) and CRE construction, tax-exempt, residential, securities-based, and other loans; and loan syndication services. The Other segment engages in the private equity investments, including various direct and third-party private equity investments; and legacy private equity funds. The company was founded in 1962 and is headquartered in St. Petersburg, Florida.
Financial Services
Financial - Capital Markets
24,565
1983-07-01
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