RJF · RAYMOND JAMES FINANCIAL INC

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Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory; and fixed income and equity brokerage services.

Close · 3M

+1.93%

Held by 2 AI ETFs

AIEQ2.390%

as of Oct 26

PQUS0.060%

as of Oct 23

Signal performance

Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.

Buy signals10

Win rate30% (3/10)

Avg buy return-3.46%

AIEQnow 2.390% of fund11 signals

AIEQ · Weight decrease · 2d

weight 2.380% → 2.320% (-0.060 pp)·stock down 9.6% in the 30 days before

Oct 8·entry $158.60·now $157.70

-0.57%

since Oct 8

AIEQ · Weight increase · 3d

weight 0.370% → 2.400% (+2.030 pp)·stock down 10.1% in the 30 days before

Oct 2·entry $158.21·now $157.70Fresh

-0.32%

since Oct 2

AIEQ · Weight increase · 2d

weight 0.370% → 2.370% (+2.000 pp)·stock down 7.9% in the 30 days before

Oct 1·entry $159.76·now $157.70Fresh

-1.29%

since Oct 1

AIEQ · Weight decrease · 2d

weight 0.400% → 0.380% (-0.020 pp)·stock down 8.7% in the 30 days before

Sep 17·entry $163.77·now $157.70

-3.71%

since Sep 17

AIEQ · Sudden change · 1d

weight 0.050% → 0.410% (+0.360 pp)·stock down 2.4% in the 30 days before

Sep 1·entry $173.50·now $157.70

-9.11%

since Sep 1

AIEQ · New entry · 1d

weight 0 → 0.050% (new)·stock up 11.2% in the 30 days before

Aug 2·entry $177.68·now $157.70Fresh

-11.24%

since Aug 2

AIEQ · Exit · 1d

weight 0.340% → 0 (exited)·stock up 8.5% in the 30 days before

Jul 1·entry $158.19·now $157.70

-0.31%

since Jul 1

AIEQ · Weight decrease · 2d

weight 0.370% → 0.350% (-0.020 pp)·stock up 3.1% in the 30 days before

Jun 26·entry $149.94·now $157.70

+5.18%

since Jun 26

AIEQ · Weight increase · 2d

weight 0.350% → 0.370% (+0.020 pp)·stock up 3.2% in the 30 days before

Jun 18·entry $155.86·now $157.70Fresh

+1.18%

since Jun 18

AIEQ · Weight increase · 2d

weight 0.330% → 0.350% (+0.020 pp)·stock down 5.0% in the 30 days before

Jun 7·entry $150.19·now $157.70Drifting

+5.00%

since Jun 7

AIEQ · New entry · 1d

weight 0 → 0.320% (new)·stock down 7.8% in the 30 days before

May 30·entry $145.82·now $157.70Drifting

+8.15%

since May 30

PQUSnow 0.060% of fund1 signal

PQUS · New entry · 1d

weight 0 → 0.030% (new)·stock up 2.5% in the 30 days before

Aug 28·entry $179.36·now $157.70Fresh

-12.08%

since Aug 28

LQAIno longer held4 signals

LQAI · Exit · 1d

weight 0.360% → 0 (exited)·stock up 8.5% in the 30 days before

Aug 6·entry $179.33·now $157.70

-12.06%

since Aug 6

LQAI · Weight increase · 2d

weight 0.340% → 0.370% (+0.030 pp)·stock up 18.2% in the 30 days before

Jul 28·entry $177.18·now $157.70Fresh

-10.99%

since Jul 28

LQAI · Weight increase · 2d

weight 0.330% → 0.350% (+0.020 pp)·stock up 9.7% in the 30 days before

Jul 16·entry $169.70·now $157.70Fresh

-7.07%

since Jul 16

LQAI · New entry · 1d

weight 0 → 0.340% (new)·stock up 11.4% in the 30 days before

Jul 7·entry $167.60·now $157.70Fresh

-5.91%

since Jul 7

Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.

Buffett-style framework

Fails the frameworkas of Sep 20

AI ETFs AIEQ and PQUS currently hold Raymond James Financial, with AIEQ showing a weight decrease trend. This contrasts with the Buffett-style analysis which yields a 'Fail' verdict primarily due to the inability to confirm the company's financial health with the provided data.

Circle of CompetenceThe diversified nature of Raymond James's financial services business, including wealth management and asset management, offers sufficient stability for reasonably projecting long-term cash flows.
Economic MoatRaymond James benefits from significant switching costs for financial advisors and their clients, along with a reputable brand and scale advantages in a regulated industry, creating a durable economic moat.
ManagementAn assessment of management's candor, capital allocation discipline, and 'skin in the game' cannot be made from the limited financial data provided.
Financial HealthWhile the current ROE is strong, the absence of data for 10-year average ROE, stability of operating margins, consistently positive owner earnings, and the extremely high EV/EBITDA prevent confirmation of sound financial health.
Margin of SafetyWithout a conservative estimate of intrinsic value, based on projected owner earnings and future cash flows, a defensible margin of safety cannot be determined.

Raymond James Financial appears to operate within a predictable circle of competence and benefits from a durable economic moat. However, a lack of sufficient historical financial metrics to meet the stringent criteria for financial health, including a high EV/EBITDA that suggests potential underlying issues, leads to a 'Fail' verdict within this framework. Furthermore, a comprehensive assessment of management and a defensible margin of safety could not be established without more detailed information.

Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.