Raymond James Continues to Impress with Exceptional Q2 Results
Raymond James, one of the world's leading financial services companies, has just released its impressive Q2 2025 results, and it's clear that they're continuing to excel in a competitive industry.
In a recent conference call, CEO Paul Shoukry expressed his pride in the company's unique culture and commitment to client satisfaction. He highlighted the enthusiasm of top financial advisers from across North America, who praised Raymond James' adviser- and client-focused approach, as well as its robust platform.
One notable achievement was the #1 ranking achieved by Raymond James' advisers in the 2025 J.D. Power survey for advice, investor satisfaction, and industry trust. This is a testament to the company's values-based client-first approach, which has consistently led to impressive results.
The Q2 numbers are certainly impressive, with quarterly net revenues of $3.4 billion and pretax income of $671 million, up 9% and 10% over the year-ago quarter, respectively. For the first six months of fiscal 2025, the company generated record net revenues of $6.9 billion and record pretax income of $1.4 billion, up 13% and 15% over the first half of fiscal 2024.
The success of Raymond James' diverse business segments is evident in its ability to retain and recruit top financial professionals who provide high-quality financial advice to their clients. In the Private Client Group, client assets under administration grew by 6% year-over-year, reaching $1.54 trillion at the end of Q2.
Notably, Raymond James recruited over $59 billion in client assets across all its platforms in the past 12 months, including approximately $50 billion from domestic independent contractor and employee channels, as well as nearly $9 billion from its RIA and Customer Services division. This demonstrates the company's ability to attract and retain top talent.
In conclusion, Raymond James' exceptional Q2 results are a testament to their commitment to excellence in client satisfaction, financial performance, and industry leadership. With a strong foundation of values and a robust platform, it's clear that this company will continue to thrive and impress investors for years to come.
