Raymond James Reports Record Assets, but Advisor Head Count Is Flat

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Raymond James Financial reported record assets under administration and assets under management at the end of 2023, as both metrics saw double-digit year-over-year growth.

The Florida-based financial-services company said it ended the year with $1.37 trillion in AUA and $215 billion in AUM, which amounted to 17% and 16% gains over the year-earlier numbers.

The...

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