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Raymond James Tops Estimates, Adds 75 Reps in Latest Quarter
By
Janet Levaux
News October 23, 2024 at 08:33 PM
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What You Need To Know
- The firm's adjusted earnings and revenues for the latest period topped analysts' expectations.
- Its private client assets jumped 25% from a year ago to $1.5 trillion, with assets in fee-based accounts growing 28% to $875 billion.
- Earlier this week, it added a team with five advisors from Merrill Lynch to its employee channel.
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