Skip to content
OpenCapital
Get started

Raymond James Financial RJF Private Client Group — Labor and Related Expense

Other segment segments

Capital Markets
$293M+11.8%
Asset Management
$65M+14.0%
Bank
$47M+4.4%

Similar metrics at other companies

Bank of America logo
BACGlobal Wealth & Investment Management — Labor and Related Expense
$3.26B+7.6%
OFG Bancorp logo
OFGWealth Management — Labor and Related Expense
$2.57M-10.7%
Community Financial System logo
CBUWealth Management Services — Labor And Related Expense
$5.92M+3.3%
Peapack-Gladstone Financial logo
PGCWealth Management Division — Labor And Related Expense
$6.63M-1.2%
JPMorgan Chase logo
JPMAsset & Wealth Management — Labor and Related Expense
$2.34B+13.2%
The Carlyle Group logo
CGGlobal Private Equity — Labor and Related Expense
$111.1M-63.1%

Other financials

Income statement

See full
Revenue$3.9B+13.4%
Net income$544.0M+9.9%
EPS (diluted)$2.72+15.3%

Balance sheet

See full
Cash & equivalents$15.0B+14.3%
Total debt$552.0M+2.8%
Total equity$12.6B+2.9%
Total assets$91.9B+10.6%

Cash flow

See full
Operating cash flow$1.1B+839%
CapEx$45.0M-2.2%
Free cash flow$1.1B+1,385%

Valuation

See full
Market cap$29.22B-4.0%
Enterprise value$14.81B-17.8%
P/E13.6×-0.7×
P/S2×-0.2×

Profitability

See full
Net margin14.6%-1.5pp
FCF margin16.2%+1.7pp

Returns & leverage

See full
Return on equity17.3%-1.5pp
Debt / equity0×0.0×

Where this comes from

Reported directly by Raymond James Financial in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The official record: Raymond James Financial’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Raymond James Financial's private client group — labor and related expense.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Raymond James Financial's private client group — labor and related expense?
Raymond James Financial (RJF) reported private client group — labor and related expense of $2.11B in Q1 2026.
How has Raymond James Financial's private client group — labor and related expense changed year-over-year?
Raymond James Financial's private client group — labor and related expense increased by 17.2% year-over-year, from $1.8B to $2.11B.
What does private client group — labor and related expense mean?
This represents the total costs associated with compensating financial advisors, support staff, and management within the Private Client Group, including salaries, commissions, and benefits. As the largest expense category for a wealth management firm, it is a primary driver of the segment's operating margin. Monitoring this helps assess the firm's ability to manage its largest variable cost relative to revenue growth.