Arkadios Capital Lands $100MM Team

7/6/18

Four-Adviser Group Moves Assets to New Hybrid Broker/Dealer

Jacksonville-based Exclusive Advisors, led by Certified Financial Planner Mike Sievert, has moved their AUM to Arkadios Capital, an advisor-friendly hybrid broker-dealer, adding $100 million to its fast-growing platform.

Exclusive Advisors limits its clients to investors comprised of individuals, closely-held business owners, professionals, executives, athletes and retirees, or “people who are influential, responsible, respected leaders in their industries, professions and communities,” according to Sievert.

“Given the clients we represent — mainly accredited investors only — we needed a company that understood our goals and what Exclusive Advisors is doing. We are advising business owners and healthcare professionals, and they expect highly personalized and outside-the-box investment opportunities, which is in Arkadios’ wheelhouse,” said Sievert. “I have known David Millican for years, and saw he was building an All-Star team at Arkadios Capital. They have a stellar reputation and because they come from this side of the business, they have a better perspective on what we need to be successful.”

The Exclusive Advisors team includes Registered Financial Consultant Stan Lewandoski and Financial Advisors Dale Farmer and Jason Griggs.

Arkadios Capital was founded by advisors and serves as a counter balance to the ongoing commoditization of the industry. The advisor-friendly platform is a hybrid BD/RIA model, offering investment opportunities that many of the current broker-dealers consider to be too small or do not have the resources or the ability to properly vet. The model allows advisors the flexibility of an RIA while maintaining their book of commission business and offering access to a broader array of investments than fee-only practices.

The team at Arkadios Capital is focused on maintaining a unique culture, which is defined by intelligence, research, technology, transparency and accessibility. The firm targets wirehouse teams and RIAs with the same core principals and helps them grow their business.

“We are thrilled to welcome Mike and his team to Arkadios Capital,” said David Millican, Founder and Chief Executive Officer. “With the major broker/dealers forgoing independence in the interest of mass commoditization, Arkadios Capital offers teams an alternative, a return to form, which reminds them why they got into the financial services industry in the first place - to help people meet their retirement goals. The limits B/Ds are placing on their clients means each account has to fit in a box, which isn’t in the best interest of the client or the advisor.”

About Arkadios Capital

Arkadios Capital was founded by independent advisors with independent advisors in mind. With the highest ethical standards, the broker-dealer specializes in customized investment options focused on individual investors. Founded in 2016, the hybrid IBD has more than $1 billion in assets under management. For more information visit www.arkadioscapital.com.

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