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Latest News  + Direct Investment  + Financial Advisory  + M&As  + RIAs & Financial Advisors  + Wealth Management  |  January 16, 2026
Raymond James Adds $46B Clark Capital to Investment Management Platform 
Joe Palmisano
By: Joe Palmisano

Raymond James Adds $46B Clark Capital to Investment Management Platform 

Raymond James has agreed to acquire Clark Capital Management Group, a Philadelphia-based investment manager overseeing more than $46 billion in discretionary and non-discretionary assets, further strengthening its global asset-management platform. 

Founded in 1986 by Harry Clark, Clark Capital will retain its brand and operate as an independent boutique within Raymond James Investment Management, the firm’s multi-boutique asset-management division. The transaction is expected to close in the third quarter of 2026. 

Clark Capital is known for its wealth-focused investment solutions, including custom multi-asset portfolios, proprietary model strategies, and ’40-Act mutual funds designed for financial advisors and their clients. The firm’s advisor-centric approach aligns closely with Raymond James’ broader strategy of pairing independent investment teams with scalable distribution, operational, and business support. 

“The acquisition underscores our commitment to building a leading global asset manager that delivers a broad range of innovative investment solutions,” said Scott Curtis, chief operating officer at Raymond James. “Within our multi-boutique structure, Clark Capital is well positioned for accelerated growth, while enhancing the resources we provide to advisors and clients.” 

Raymond James Investment Management’s platform currently includes Chartwell Investment Partners, ClariVest Asset Management, Cougar Global Investments, Eagle Asset Management, Reams Asset Management, and Scout Investments. 

“Raymond James Investment Management’s culture, strategic vision, and client-first, advisor-centric approach closely mirror our own,” said Brendan Clark, CEO of Clark Capital. “Their resources will allow us to enhance the advisor and client experience while preserving the brand, values, and service model that have defined Clark Capital since day one.” 

Raymond James & Associates served as financial advisor and Eversheds Sutherland as legal advisor to Raymond James. Evercore acted as exclusive financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison served as legal advisor to Clark Capital. 

Read More News Stories About: Raymond James
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Raymond James Financial, Inc.Clark Capital Management Group, Inc.

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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