The Florida-based financial services group has confirmed the completion of its January-announced purchase of Clark Capital, which will continue to be led by its existing management team.
Raymond James has completed the acquisition of Clark Capital Management Group Inc. The transaction was first disclosed in January. Clark Capital will continue to operate under its existing brand The completion marks the formal integration of Clark Capital into Raymond James Investment Management, which operates as a division of Raymond James Financial Inc. As stated by Raymond James, Clark Capital will continue to operate under its existing brand and will function as an independent bo