Arkadios Capital expands with major advisory team transitions

Arkadios Capital continues its expansion with the addition of two significant advisory teams. Stewardship Wealth Management, based in Texas, has transitioned $325 million in assets to Arkadios, following Gulf Coast Wealth Management’s $850 million shift in June.

Stewardship Wealth Management, founded by Chris Albertson, Tyler Maness, and Alan Jenkins, joins Arkadios Capital’s growing community of successful advisors. According to a news release, Stewardship Wealth is the second large advisory team to join Arkadios in recent months, known for its client-centered approach and rapid expansion.

“Arkadios shares our commitment to a client-centered and innovative approach to wealth management,” said Chris Albertson, CEO of Stewardship Wealth Management. “We are thrilled to have a partner that values growth and allows us a host of new offerings for clients. We believe this move will further strengthen our ability to meet and exceed our clients’ goals.”

The news release noted this transition allows Stewardship Wealth to leverage Arkadios Capital’s extensive experience in practice acquisition and high-net-worth wealth management solutions. This partnership is expected to enhance Stewardship’s service offerings, supporting its ambition to maintain its ranking as one of Texas’s fastest-growing investment firms.

Nate Stibbs, director of corporate strategy at Arkadios Capital, noted, “Stewardship Wealth’s decision to join Arkadios further underscores the disruption in the traditional independent brokerage model. Leading advisory firms like Stewardship want a partner, not a platform, that will grow and evolve with them, not against them. That is why Arkadios is successfully attracting elite firms like Stewardship.”

Offering flexible framework for advisors

The move follows the recent transition of Gulf Coast Wealth Management (Gulf Coast), a division of Gulf Coast Bank based in New Orleans, to Arkadios Capital. Gulf Coast had been affiliated with LPL Financial for over two decades.

“Joining Arkadios Capital is a strategic move for Gulf Coast Wealth Management, marking the culmination of a two-year process to select the best broker-dealer for our advisors and clients,” said Jason King, wealth management director of Gulf Coast. “Arkadios’ commitment to advisor independence, industry-leading technology, and high-performance culture aligns with our mission to be the premier wealth management firm on the Gulf Coast.”

David Millican, founder and CEO of Arkadios Capital, commented on the growing trend, “Gulf Coast Wealth is a prime example of the challenges facing the financial industry. It is a growing independent, entrepreneurial firm hindered by large, one-size-fits-all broker-dealers. Arkadios Capital continues to attract successful firms with our flexible framework, tailored solutions, and personalized service.”

Arkadios Capital is a dual-registered RIA and hybrid broker-dealer. It was recognized as one of Georgia’s fastest-growing companies for three consecutive years by the Association for Corporate Growth. It also ranks among the top 30 on Financial Advisor Magazine’s Independent Broker-Dealer list. It has over $11 billion in affiliated assets and more than 240 advisors across the US and Puerto Rico.