Raymond James Financial : completes acquisition of Clark Capital Management Group

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Media Contact: Steve Hollister 727.567.2824 Investor Contact: Kristina Waugh 727.567.7654raymondjames.com/news-and-media/press-releases May 1, 2026 Raymond James completes acquisition of Clark Capital Management Group ST. PETERSBURG, Fla. - Raymond James announced today that it has completed its acquisition of Clark Capital Management Group, Inc. ("Clark Capital"), a leading asset management firm specializing in wealth-focused solutions. The transaction was first announced in January of 2026. Clark Capital will continue to maintain its brand and become an independent boutique investment manager within Raymond James Investment Management, a global asset management company and a division of Raymond James Financial, Inc. The firm will also maintain its existing leadership team under Clark Capital CEO Brendan Clark, as well as its investment philosophy and service model, while benefiting from the scale, resources, and distribution capabilities of Raymond James Investment Management. "We are delighted to welcome Clark Capital to Raymond James Investment Management," said Scott Curtis, Chief Operating Officer, Raymond James. "Clark Capital has built a strong reputation for delivering thoughtful portfolio solutions and exceptional service for advisors. This addition brings another high-quality boutique to our platform and reinforces our commitment to expanding the capabilities we provide to advisors and their clients." "Clark Capital is proud to step into a new era with Raymond James Investment Management," said Brendan Clark. "The shared commitment to advisors, the alignment of values, and the respect for what we've built over four decades have only been reinforced through this process. We're energized by what lies ahead and look forward to delivering even greater value to the advisors and clients we serve." Founded in 1986, Clark Capital provides custom multi-asset-class solutions, proprietary model portfolios, and '40 Act mutual funds to financial advisors and their clients. These strategies are complemented by the firm's dedicated high-net-worth service team, which delivers personalized guidance, including wealth planning services, and acts as an extension of advisors' practices. Together, these capabilities further strengthen Raymond James Investment Management's existing investment and wealth planning offerings and enhance its ability to serve the evolving...

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