Raymond James welcomes Utah advisor team managing approximately $620 million in assets
ST. PETERSBURG, Fla. – Raymond James recently welcomed financial advisors Richard Romano Jr., CRPS™, Amanda Arcilesi Simmons, CFP®, CEPA®, and Brian Collard, CFP®, CRPS™, to Raymond James Financial Services (RJFS) – the firm’s independent advisor channel – according to Theresa Schnetz, Western division director for RJFS.
The team arrives from Stifel where they managed approximately $620 million in client assets. Operating as ARC Wealth Management (ARCWM) in Salt Lake City, Utah, the team provides customized financial strategies and wealth management guidance to business owners, endowments, foundations, nonprofits, families, individuals and retirees. They are joined by Director of Branch Operations Kelsey Haycock and Director of Client Services Meredith Duncan.
“We chose Raymond James because it makes us better for our clients,” said Romano, founder and managing partner of ARCWM. “Our goal is to deliver comprehensive, personalized guidance that merges white glove service with modern efficiency. Raymond James’ scale, technology and stability give us the support to focus entirely on client needs while maintaining a boutique feel backed by strong home-office support.”
Romano has more than 30 years of experience in financial services and focuses on developing customized wealth management strategies to help clients pursue their legacy goals. He earned a bachelor’s degree from the University of Utah and holds the Chartered Retirement Plans Specialist® designation.
Simmons holds a bachelor’s degree in art history and electronic journalism from the University of Utah along with the CERTIFIED FINANCIAL PLANNER® and Certified Exit Planning Advisor® professional designations. She began her financial services career in 2008 and builds holistic strategies and risk-appropriate investment plans.
Collard began his financial services industry career in 2005 and helps individuals, retirees and businesses with their unique wealth management needs. He holds the CERTIFIED FINANCIAL PLANNER® certification and the Chartered Retirement Plans Specialist® designation.
About Raymond James Financial Services
Raymond James Financial Services, Inc. (RJFS), member FINRA/SIPC, is a financial services firm supporting independent financial advisors nationwide. Since 1974, RJFS provides a wide range of investment and wealth planning-related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both firms are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF), one of the nation’s premier diversified financial services companies with financial advisors throughout the United States, Canada and overseas. Total client assets are approximately $1.87 trillion as of April 30, 2026. Additional information is available at raymondjames.com.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. ARC Wealth Management is not a registered broker/dealer and is independent of Raymond James Financial Services.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.