Raymond James welcomes financial advisor managing over $400 million in California
ST. PETERSBURG, Fla. – Raymond James recently welcomed financial advisor Jonathan Israel, AAMS®, CRPS™, CPWA®, to Raymond James & Associates (RJA) – the firm’s employee advisor channel – according to John Simmons, West Coast regional director for RJA.
Israel provides personalized financial planning as Legacy Point Wealth Management of Raymond James, based in Woodland Hills, California. He joined by registered client service associate Jake Balcom. Together they serve a range of clients including families and individuals, corporate retirement plans and business owners. He was previously affiliated with UBS Financial Services where he managed approximately $400 million in client assets.
“I have always believed that clients deserve clear advice backed by advanced capabilities At Raymond James, I found a culture that respects the advisor-client relationship and a platform that truly supports the kind of planning and guidance my clients need,” said Israel. “The firm’s tools, technology and depth of private wealth resources allow me to deliver a higher standard of service without compromising the independence that is integral to my practice.”
Israel brings over 18 years of financial services experience to his role as senior vice president of wealth management, most recently spending 14 years with his previous firm. In addition to his professional experience, he holds an undergraduate degree in economics from the University of California San Diego, as well as the Accredited Asset Management SpecialistSM, Chartered Retirement Plans SpecialistSM, and Certified Private Wealth Advisor® professional designations. He was also recently recognized as a Best-in-State Wealth Advisor by Forbes.
“We are happy to welcome Jonathan and Jake to Raymond James, making a great addition to our Western presence,” said Simmons. “His dedication to client service aligns seamlessly with our firm’s culture and tailored resources.”
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 $1.64 trillion as of Jun. 30, 2025. Additional information is available at raymondjames.com.
*Awarded at previous firm. The Forbes Best-in-State Wealth Advisors 2025 ranking, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 6/30/2023 to 6/30/2024 and was released on 4/8/2025. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 48,944 nominations, roughly 9,722 advisors received the award. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please visit https://www.forbes.com/best-in-state-wealth-advisors/ for more info.