Raymond James Recruiting Spend Helps Drive Net New Asset Gains

Published on April 23, 2026

Raymond James also said the majority of its $1.1 billion annual technology spend was going toward its private client business, including the rollout of AI agent Rai.

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Blackstone Private Wealth Fundraising Rises Despite Private Credit Concerns

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The alternative asset manager also sought to separate “fact from fiction” on private credit, pointing to continued inflows and stabilized underlying performance.

Kansas City Fed Manufacturing Index: Activity Grew Further in April

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The Kansas City Fed Manufacturing Survey revealed regional activity grew further in April. The composite index came in at 10 this month, down slightly from 11 in March but still indicating continued expansion.