v3.25.2
REVENUES (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Sep. 30, 2024
Disaggregation of Revenue [Line Items]          
Principal transactions $ 128 $ 116 $ 396 $ 369  
All other 13 21 43 45  
Total non-interest revenues 2,852 2,705 8,742 7,761  
Interest income 990 1,057 2,980 3,159  
Total revenues 3,842 3,762 11,722 10,920  
Interest expense (444) (534) (1,384) (1,561)  
Net revenues 3,398 3,228 10,338 9,359  
Receivables related to contracts with customers 470   470   $ 600
Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 1,733 1,611 5,201 4,534  
Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 431 416 1,302 1,213  
Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 148 144 457 424  
Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 129 130 364 382  
Equities, exchange-traded funds (“ETFs”) and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 154 142 481 407  
Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Total brokerage revenues 559 532 1,698 1,582  
Account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 302 328 965 982  
Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 129 120 391 345  
RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 110 149 384 461  
Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 63 59 190 176  
Investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 212 183 753 543  
Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 105 91 460 316  
Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 47 43 130 111  
Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 60 49 163 116  
Total other          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 46 51 125 120  
Noninterest income 46 51 125 120  
Affordable housing investments business revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 33 30 82 75  
Operating segments | Private Client Group          
Disaggregation of Revenue [Line Items]          
Principal transactions 30 26 87 84  
All other 5 13 16 23  
Total non-interest revenues 2,397 2,327 7,246 6,710  
Interest income 114 121 350 361  
Total revenues 2,511 2,448 7,596 7,071  
Interest expense (23) (32) (74) (88)  
Net revenues 2,488 2,416 7,522 6,983  
Operating segments | Private Client Group | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 1,462 1,364 4,395 3,838  
Operating segments | Private Client Group | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 390 383 1,185 1,114  
Operating segments | Private Client Group | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 146 142 450 419  
Operating segments | Private Client Group | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 129 130 364 382  
Operating segments | Private Client Group | Equities, exchange-traded funds (“ETFs”) and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 115 111 371 313  
Operating segments | Private Client Group | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Total brokerage revenues 420 409 1,272 1,198  
Operating segments | Private Client Group | Account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 501 531 1,537 1,622  
Operating segments | Private Client Group | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 126 118 382 339  
Operating segments | Private Client Group | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 303 347 947 1,088  
Operating segments | Private Client Group | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 72 66 208 195  
Operating segments | Private Client Group | Investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 9 10 26 29  
Operating segments | Private Client Group | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Private Client Group | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 9 10 26 29  
Operating segments | Private Client Group | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Private Client Group | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest income 5 13 16 23  
Operating segments | Private Client Group | Affordable housing investments business revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Capital Markets          
Disaggregation of Revenue [Line Items]          
Principal transactions 96 87 303 278  
All other 0 2 1 3  
Total non-interest revenues 378 328 1,247 984  
Interest income 27 32 84 81  
Total revenues 405 360 1,331 1,065  
Interest expense (24) (30) (74) (76)  
Net revenues 381 330 1,257 989  
Operating segments | Capital Markets | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 1 1  
Operating segments | Capital Markets | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 42 34 122 105  
Operating segments | Capital Markets | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 1 1 5 4  
Operating segments | Capital Markets | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Capital Markets | Equities, exchange-traded funds (“ETFs”) and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 41 33 117 101  
Operating segments | Capital Markets | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Total brokerage revenues 138 121 425 383  
Operating segments | Capital Markets | Account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 4 2 11 8  
Operating segments | Capital Markets | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Capital Markets | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 2 1 5 4  
Operating segments | Capital Markets | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 2 1 6 4  
Operating segments | Capital Markets | Investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 203 173 727 514  
Operating segments | Capital Markets | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 105 91 460 316  
Operating segments | Capital Markets | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 38 33 104 82  
Operating segments | Capital Markets | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 60 49 163 116  
Operating segments | Capital Markets | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest income 33 32 83 78  
Operating segments | Capital Markets | Affordable housing investments business revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 33 30 82 75  
Operating segments | Asset Management          
Disaggregation of Revenue [Line Items]          
Principal transactions 0 0 0 0  
All other 1 1 1 2  
Total non-interest revenues 288 261 864 742  
Interest income 3 4 10 10  
Total revenues 291 265 874 752  
Interest expense 0 0 0 0  
Net revenues 291 265 874 752  
Operating segments | Asset Management | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 280 254 840 720  
Operating segments | Asset Management | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 2 1 6 4  
Operating segments | Asset Management | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 1 1 3 4  
Operating segments | Asset Management | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Equities, exchange-traded funds (“ETFs”) and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 1 0 3 0  
Operating segments | Asset Management | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Total brokerage revenues 2 1 6 4  
Operating segments | Asset Management | Account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 5 5 17 16  
Operating segments | Asset Management | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 3 2 10 7  
Operating segments | Asset Management | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 2 3 7 9  
Operating segments | Asset Management | Investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Asset Management | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest income 1 1 1 2  
Operating segments | Asset Management | Affordable housing investments business revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank          
Disaggregation of Revenue [Line Items]          
Principal transactions 2 3 6 7  
All other 16 9 38 31  
Total non-interest revenues 18 12 44 38  
Interest income 823 867 2,472 2,607  
Total revenues 841 879 2,516 2,645  
Interest expense (383) (461) (1,199) (1,362)  
Net revenues 458 418 1,317 1,283  
Operating segments | Bank | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Equities, exchange-traded funds (“ETFs”) and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Total brokerage revenues 2 3 6 7  
Operating segments | Bank | Account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Operating segments | Bank | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest income 16 9 38 31  
Operating segments | Bank | Affordable housing investments business revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Other and intersegment eliminations          
Disaggregation of Revenue [Line Items]          
Principal transactions 0 0 0 0  
All other (9) (4) (13) (14)  
Total non-interest revenues (229) (223) (659) (713)  
Interest income 23 33 64 100  
Total revenues (206) (190) (595) (613)  
Interest expense (14) (11) (37) (35)  
Net revenues (220) (201) (632) (648)  
Other and intersegment eliminations | Asset management and related administrative fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (9) (7) (35) (25)  
Other and intersegment eliminations | Subtotal securities commissions          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (3) (2) (11) (10)  
Other and intersegment eliminations | Mutual and other fund products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 (1) (3)  
Other and intersegment eliminations | Insurance and annuity products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Other and intersegment eliminations | Equities, exchange-traded funds (“ETFs”) and fixed income products          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (3) (2) (10) (7)  
Other and intersegment eliminations | Total brokerage revenues          
Disaggregation of Revenue [Line Items]          
Total brokerage revenues (3) (2) (11) (10)  
Other and intersegment eliminations | Account and service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (208) (210) (600) (664)  
Other and intersegment eliminations | Mutual fund and annuity service fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 (1) (1)  
Other and intersegment eliminations | RJBDP fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (195) (199) (568) (631)  
Other and intersegment eliminations | Client account and other fees          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer (13) (11) (31) (32)  
Other and intersegment eliminations | Investment banking          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Other and intersegment eliminations | Merger & acquisition and advisory          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Other and intersegment eliminations | Equity underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Other and intersegment eliminations | Debt underwriting          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer 0 0 0 0  
Other and intersegment eliminations | Total other          
Disaggregation of Revenue [Line Items]          
Noninterest income (9) (4) (13) (14)  
Other and intersegment eliminations | Affordable housing investments business revenues          
Disaggregation of Revenue [Line Items]          
Revenue from contract with customer $ 0 $ 0 $ 0 $ 0