Keyword → Wealth Management

Raymond James to Acquire Clark Capital Management, Expanding Asset Management Platform

Raymond James Financial has agreed to acquire Clark Capital Management Group, a Philadelphia-based asset manager with over $46 billion in assets, in a strategic move to broaden its multi-boutique investment management footprint. The transaction, expected to close in the third quarter of 2026, will integrate Clark Capital’s wealth solutions and model portfolios into Raymond James’ global advisory and investment ecosystem, reinforcing its competitive position in advisor-focused channels.