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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 
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 for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.