REVENUES (Tables)

12 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

The following tables present our sources of revenues by segment. For further information about our significant accounting policies related to revenue recognition, see Note 2. See Note 24 for additional information on our segment results.


	Year ended September 30, 2020
$ in millions	Private Client Group		Capital Markets		Asset Management		RJ Bank		Other and intersegment eliminations		Total
Revenues:
Asset management and related administrative fees	$	3,162	$	7	$	688	$	—	$	(23)	$	3,834
Brokerage revenues:
Securities commissions:
Mutual and other fund products	567		7		8		—		(3)		579
Insurance and annuity products	397		—		—		—		—		397
Equities, ETFs and fixed income products	355		137		—		—		—		492
Subtotal securities commissions	1,319		144		8		—		(3)		1,468
Principal transactions (1)	64		427		—		1		(4)		488
Total brokerage revenues	1,383		571		8		1		(7)		1,956
Account and services fees:
Mutual fund and annuity service fees	348		—		1		—		(1)		348
RJBDP fees	330		1		—		—		(181)		150
Client account and other fees	129		5		15		—		(23)		126
Total account and service fees	807		6		16		—		(205)		624
Investment banking:
Merger & acquisition and advisory	—		290		—		—		—		290
Equity underwriting	41		185		—		—		1		227
Debt underwriting	—		133		—		—		—		133
Total investment banking	41		608		—		—		1		650
Other:
Tax credit fund revenues	—		83		—		—		—		83
All other (1)	27		7		2		26		(41)		21
Total other	27		90		2		26		(41)		104
Total non-interest revenues	5,420		1,282		714		27		(275)		7,168
Interest income (1)	155		25		1		800		19		1,000
Total revenues	5,575		1,307		715		827		(256)		8,168
Interest expense	(23)		(16)		—		(62)		(77)		(178)
Net revenues	$	5,552	$	1,291	$	715	$	765	$	(333)	$	7,990

(1) These revenues are generally not in scope of the accounting guidance for revenue from contracts with customers.


	Year ended September 30, 2019
$ in millions	Private Client Group		Capital Markets		Asset Management		RJ Bank		Other and intersegment eliminations		Total
Revenues:
Asset management and related administrative fees	$	2,820	$	6	$	645	$	—	$	(20)	$	3,451
Brokerage revenues:
Securities commissions:
Mutual and other fund products	599		6		10		—		(4)		611
Insurance and annuity products	412		—		—		—		—		412
Equities, ETFs and fixed income products	304		123		—		—		—		427
Subtotal securities commissions	1,315		129		10		—		(4)		1,450
Principal transactions (1)	74		285		—		—		(2)		357
Total brokerage revenues	1,389		414		10		—		(6)		1,807
Account and services fees:
Mutual fund and annuity service fees	334		—		2		—		(10)		326
RJBDP fees	453		—		3		—		(176)		280
Client account and other fees	122		5		26		—		(21)		132
Total account and service fees	909		5		31		—		(207)		738
Investment banking:
Merger & acquisition and advisory	—		379		—		—		—		379
Equity underwriting	32		100		—		—		—		132
Debt underwriting	—		85		—		—		—		85
Total investment banking	32		564		—		—		—		596
Other:
Tax credit fund revenues	—		86		—		—		—		86
All other (1)	26		4		2		26		6		64
Total other	26		90		2		26		6		150
Total non-interest revenues	5,176		1,079		688		26		(227)		6,742
Interest income (1)	225		38		3		975		40		1,281
Total revenues	5,401		1,117		691		1,001		(187)		8,023
Interest expense	(42)		(34)		—		(155)		(52)		(283)
Net revenues	$	5,359	$	1,083	$	691	$	846	$	(239)	$	7,740

(1) These revenues are generally not in scope of the accounting guidance for revenue from contracts with customers.


	Year ended September 30, 2018
$ in millions	Private Client Group		Capital Markets		Asset Management		RJ Bank		Other and intersegment eliminations		Total
Revenues:
Asset management and related administrative fees	$	2,517	$	8	$	610	$	—	$	(16)	$	3,119
Brokerage revenues:
Securities commissions:
Mutual and other fund products	703		7		12		—		(5)		717
Insurance and annuity products	414		—		—		—		—		414
Equities, ETFs and fixed income products	352		145		—		—		(2)		495
Subtotal securities commissions	1,469		152		12		—		(7)		1,626
Principal transactions (1)	80		249		—		1		(1)		329
Total brokerage revenues	1,549		401		12		1		(8)		1,955
Account and services fees:
Mutual fund and annuity service fees	332		—		2		—		(9)		325
RJBDP fees	354		—		3		—		(92)		265
Client account and other fees	111		5		23		—		(16)		123
Total account and service fees	797		5		28		—		(117)		713
Investment banking:
Merger & acquisition and advisory	—		312		—		—		—		312
Equity underwriting	35		93		—		—		—		128
Debt underwriting	—		61		—		—		—		61
Total investment banking	35		466		—		—		—		501
Other:
Tax credit fund revenues	—		79		—		—		—		79
All other (1)	30		1		2		22		10		65
Total other	30		80		2		22		10		144
Total non-interest revenues	4,928		960		652		23		(131)		6,432
Interest income (1)	193		32		2		793		24		1,044
Total revenues	5,121		992		654		816		(107)		7,476
Interest expense	(28)		(28)		—		(89)		(57)		(202)
Net revenues	$	5,093	$	964	$	654	$	727	$	(164)	$	7,274

(1) These revenues are generally not in scope of the accounting guidance for revenue from contracts with customers.