Raymond James Acquires Clark Capital, Managing Over $46 Billion in Assets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Acquisition Agreement: Raymond James announced its agreement to acquire Clark Capital, founded in 1986 and managing over $46 billion in assets, with the deal expected to close in Q3 2026, marking a significant expansion in Raymond James's asset management capabilities.
- Brand Independence Maintained: Post-acquisition, Clark Capital will retain its brand identity as an independent boutique investment manager within Raymond James Investment Management, aimed at enhancing its competitiveness in the wealth management sector.
- Enhanced Service Capabilities: Clark Capital offers customized multi-asset-class solutions and proprietary portfolios, and with Raymond James's resources, it is expected to improve client experiences and strengthen support for financial advisors.
- Strategic Synergies: This acquisition will enable Raymond James Investment Management to leverage Clark Capital's growth potential while further solidifying its market position in independent financial advisory and asset management platforms.
Analyst Views on RJF
Wall Street analysts forecast RJF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RJF is 183.88 USD with a low forecast of 180.00 USD and a high forecast of 194.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
1 Buy
7 Hold
0 Sell
Hold
Current: 172.270
Low
180.00
Averages
183.88
High
194.00
Current: 172.270
Low
180.00
Averages
183.88
High
194.00
About RJF
Raymond James Financial, Inc. is a diversified financial services company that provides services to individuals, corporations and municipalities. The Company's segments include Private Client Group (PCG), Capital Markets, Asset Management, Bank and Other. PCG segment provides financial planning, investment advisory, and securities transaction services to clients through financial advisors. Capital Markets segment conducts investment banking, institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. Asset Management segment provides asset management, portfolio management and related administrative services to retail and institutional clients. Bank segment includes Raymond James Bank, a Florida-chartered state member bank, and TriState Capital Bank, a Pennsylvania-chartered state member bank. Other segment includes corporate cash balances and its private equity investments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
