Two firms that had managed more than $600 million in client assets at Triad Advisors have affiliated with Arkadios Capital, an Atlanta-based hybrid broker-dealer.
Peachtree Wealth Advisors, also Atlanta-based, oversees more than $325 million in assets, and RBG Capital in Scottsdale, Arizona, has more than $275 million in assets under administration.
Triad is a unit of Advisor Group, now known as Osaic, which is in the process of merging its eight different brands under one roof. According to a statement, the two firms decided to sign on with Arkadios “in advance of Triad’s upcoming consolidation into Osaic.”
Peachtree was founded in 2004 in David Frank and Jonathan Lindvig. "As we approach our 20th anniversary, our partnership with Arkadios Capital will provide our team and clients access to innovative tools, resources, and investment opportunities for the next 20 years," Lindvig said in the statement.
RBG Capital is led by Steve Lichtblau, Mike Walling and Christopher Gee. Its team has more than 100 years of combined experience in wealth management and investment banking.
In the statement, Walling said RBG was looking for affiliate with a firm that understood its clients’ needs. “Arkadios Capital mirrors our entrepreneurial spirit and commitment to agility, enabling us to effectively service and craft bespoke solutions for our high and ultra-high net worth clients."
ASA reacts as regulator drops no-deny policy, freeing firms and individuals to publicly dispute allegations after reaching settlements.
Joel Frank allegedly sold more than $39 million worth of investments in the Equilus Funds to more than 90 investors,
The Charity Parity Act would eliminate a costly IRA rollover requirement that blocks direct charitable transfers from workplace retirement plans.
A last-minute court filing ends a case against the federal tax-collecting agency that had drawn unprecedented conflict-of-interest questions from Democratic critics.
Advisors discuss their use of AI now and how it will change going forward
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
