Raymond James Financial Asset Management — Identifiable intangible assets, net decreased by 5.6% to $118.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.6%, from $125.00M to $118.00M.
A steady decline is expected due to amortization, while sudden increases suggest new acquisitions of books of business or management firms.
This represents the net book value of non-physical assets such as client relationships, management contracts, and tradem...
Standard for firms that grow via acquisition; peers report this to show the value of acquired intangible assets.
rjf_segment_asset_management_identifiable_intangible_assets_net| Q3 '21 | Q3 '22 | Q3 '23 | Q3 '24 | Q3 '25 | |
|---|---|---|---|---|---|
| Value | $85.00M | $139.00M | $132.00M | $125.00M | $118.00M |
| QoQ Change | — | +63.5% | -5.0% | -5.3% | -5.6% |
| YoY Change | — | +63.5% | -5.0% | -5.3% | -5.6% |