Raymond James welcomes California advisor team managing $5.4 billion in assets
ST. PETERSBURG, Fla. – Raymond James recently welcomed financial advisors Cory Matsumoto, Rey Carandang and Genae Affrunti to Raymond James & Associates (RJA) – the firm’s employee advisor channel – according to John Simmons, West Coast regional director for RJA.
Operating as Capital Reserve Group of Raymond James in Newport Beach, California, the team arrives from Comerica where they managed $5.4 billion in client assets. They provide financial planning, investment management and institutional consulting services to families and individuals, business owners, corporate executives, family offices, retirees, endowments, foundations and nonprofits. The team is joined by Senior Registered Client Relationship Associate Julia Bica and Client Relationship Associate Brian Toyama.
“After an extensive evaluation of the marketplace, Raymond James distinguished itself through its institutional capabilities, nationally recognized fixed income platform, financial strength and long-term commitment to advisor independence,” said Matsumoto. “The firm’s culture, depth of home office support and continued investment in technology provide our team with the resources and scale to remain focused on what matters most: delivering exceptional service, thoughtful guidance and customized investment solutions for those we serve. We are excited to partner with a firm that shares our commitment to long-term relationships and putting clients first.”
Matsumoto, senior vice president of wealth management, began his financial services career in 2001. He joins RJA after 20 years at his previous firm.
Carandang brings 25 years of financial services industry experience to his role as senior vice president of wealth management. He holds a bachelor’s degree in sociology with a minor in business from the University of California, Irvine.
Affrunti, senior vice president of wealth management, began her financial services career in 2001. She joins RJA with her partners after 12 years at her previous firm.
“Cory, Rey and Genae bring a sophisticated practice to Raymond James, and they make an impactful addition to our Western presence,” said Simmons. “The team’s focus on thoughtful guidance for families, businesses and institutions upholds the firm’s client-first culture and emphasis on personalized service.”
About Raymond James & Associates
Raymond James & Associates, Inc. (RJA), member New York Stock Exchange/SIPC, is an industry leader in financial planning and wealth management services for individuals, high-net-worth families, corporations and municipalities. RJA is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF), one of the nation's premier diversified financial services companies with advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.92 trillion as of June 30, 2026. Additional information is available at raymondjames.com.