June 9, 2026 – St. Petersburg-based Raymond James has recruited the ArdenVest Wealth team from RBC Wealth Management’s City National Bank office in Beverly Hills, California. The team, led by Sylvia Garcia, John Vizcarra and Fred Grischott, reportedly managed $1.2 billion in client assets and generated about $7 million in annual revenue. The move continues Raymond James’ expansion efforts in the western U.S., where the firm has added advisors overseeing roughly $12 billion in assets since 2023, according to industry reports.