REVENUES (Tables)

3 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

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 of our 2022 Form 10-K. See and Note 22 of this Form 10-Q for additional information on our segment results.

	Three Months Ended December 31, 2022
$ in millions	Private Client Group		Capital Markets		Asset Management		Bank		Other and intersegment eliminations		Total
Revenues:
Asset management and related administrative fees	$	1,053	$	1	$	197	$	—	$	(9)	$	1,242
Brokerage revenues:
Securities commissions:
Mutual and other fund products	128		1		1		—		—		130
Insurance and annuity products	104		—		—		—		—		104
Equities, exchange traded funds (“ETFs”) and fixed income products	85		33		—		—		—		118
Subtotal securities commissions	317		34		1		—		—		352
Principal transactions (1)	28		100		—		4		—		132
Total brokerage revenues	345		134		1		4		—		484
Account and service fees:
Mutual fund and annuity service fees	98		—		—		—		—		98
RJBDP fees	405		1		—		—		(269)		137
Client account and other fees	60		2		5		—		(13)		54
Total account and service fees	563		3		5		—		(282)		289
Investment banking:
Merger & acquisition and advisory	—		102		—		—		—		102
Equity underwriting	9		15		—		—		(1)		23
Debt underwriting	—		16		—		—		—		16
Total investment banking	9		133		—		—		(1)		141
Other:
Affordable housing investments business revenues	—		24		—		—		—		24
All other (1)	6		—		2		13		(1)		20
Total other	6		24		2		13		(1)		44
Total non-interest revenues	1,976		295		205		17		(293)		2,200
Interest income (1)	109		23		2		676		17		827
Total revenues	2,085		318		207		693		(276)		3,027
Interest expense	(22)		(23)		—		(185)		(11)		(241)
Net revenues	$	2,063	$	295	$	207	$	508	$	(287)	$	2,786

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

	Three Months Ended December 31, 2021
$ in millions	Private Client Group		Capital Markets		Asset Management		Bank		Other and intersegment eliminations		Total
Revenues:
Asset management and related administrative fees	$	1,162	$	1	$	227	$	—	$	(8)	$	1,382
Brokerage revenues:
Securities commissions:
Mutual and other fund products	171		2		2		—		—		175
Insurance and annuity products	111		—		—		—		—		111
Equities, ETFs and fixed income products	104		35		—		—		—		139
Subtotal securities commissions	386		37		2		—		—		425
Principal transactions (1)	11		122		—		—		—		133
Total brokerage revenues	397		159		2		—		—		558
Account and service fees:
Mutual fund and annuity service fees	114		—		—		—		(1)		113
RJBDP fees	67		—		—		—		(50)		17
Client account and other fees	49		2		6		—		(10)		47
Total account and service fees	230		2		6		—		(61)		177
Investment banking:
Merger & acquisition and advisory	—		271		—		—		—		271
Equity underwriting	13		97		—		—		—		110
Debt underwriting	—		44		—		—		—		44
Total investment banking	13		412		—		—		—		425
Other:
Affordable housing investments business revenues	—		35		—		—		—		35
All other (1)	7		2		1		6		—		16
Total other	7		37		1		6		—		51
Total non-interest revenues	1,809		611		236		6		(69)		2,593
Interest income (1)	33		5		—		187		—		225
Total revenues	1,842		616		236		193		(69)		2,818
Interest expense	(3)		(2)		—		(10)		(22)		(37)
Net revenues	$	1,839	$	614	$	236	$	183	$	(91)	$	2,781

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