Raymond James Financial Inc. announced on Friday, May 1, 2026, that it has completed its acquisition of Clark Capital Management Group, a boutique asset‑management firm focused on wealth‑focused solutions.
The deal adds Clark Capital’s $46 billion in assets under management to Raymond James’ investment‑management platform and allows the firm to offer proprietary multi‑asset‑class strategies and 40‑Act mutual funds to its advisors and clients.
By keeping Clark Capital’s brand and leadership intact while integrating it into its global multi‑boutique structure, Raymond James expands its alternative‑investment capabilities and strengthens its competitive position in the high‑net‑worth market.
The completion of the transaction is expected to enhance revenue diversification, deepen advisor relationships, and support the firm’s long‑term growth strategy in a low‑interest‑rate environment.
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