Experience the independence, flexible investments, and collaborative culture you’ve been searching for
The Arkadios story
Arkadios Capital was formed by an advisor who believed in the potential of independence. After building an independent wealth advisory firm that grew to over $2 billion in AUM, David Millican decided to create a community of successful advisors who wanted to take their business to the next level.
We believe that advisors are at their best when they aren’t just told what not to do, but are empowered to reach even further.
“We found in Arkadios a firm that respects and embraces the entrepreneurial spirit of being independent. The fact that David Millican, the founder of Arkadios, was a fellow advisor that not only understands the challenges of meeting clients’ needs, but also of running a complex advisory practice is reassuring for the future of managing our firm. It is not something we found at these larger broker dealers.”
“Arkadios brings a personal level of support along with common and practical sense to how they partner with advisors. It was important to find a firm that can eliminate much of the busy work that keeps me away from being an advisor so I can focus on what I do best — working with my clients.”
As CEO and founder of Arkadios Capital, David has built a hybrid independent broker-dealer that oversees more than $5 billion. As a former advisor himself, he is committed to building a platform through the advisor’s perspective. In 2019, Financial Planning magazine recognized Arkadios as the fastest-growing IBD in the country, and in 2020 honored again with several awards that included highest revenue growth, high-end advisors and growth in producing advisors.
Prior to Founding Arkadios Capital, David served as Principal Managing Partner for ACG Wealth, an independent wealth advisory firm he co-founded in 2002. Under David’s leadership, ACG acquired 14 Registered Independent Advisory firms, catapulting it to one of the fastest growing RIAs in the country, with more than $2 billion in assets under management. In 2013, ACG was recognized by Forbes Magazine as their “Top Emerging RIA.” He began his career in 1996 with A.G. Edwards and Sons and later joined Morgan Keegan and Co., where he became one of the firm’s top financial advisors.
Millican earned his bachelor’s degree in Finance from the University of Alabama. He serves as a director of the Buckhead Coalition, an economic development and civic organization. An Atlanta native, he and his four children; Liza, Ellie, John and William, currently live in Buckhead.
Prior to joining Arkadios Capital, John served as Senior Vice President for Cole Capital for over 12 years, where he managed all of the firm’s capital markets activities in the Southeastern US, and was responsible for raising over $1 billion in capital for various Cole sponsored investment programs. During his tenure, John earned many of the firm’s top achievement awards, and served on Cole’s advisory board for over a decade.
John began his career as an analyst with Goldman Sachs in London, and after returning the University of North Carolina to earn his MBA, returned to New York to work as an Investment Banker, specializing in Mergers and Acquisitions with Nomura Securities, and Dillon Read & Co.
In 1996, John joined the Private Banking division of Donaldson Lufkin & Jenrette in Atlanta, where he built and managed over $150 million AUM for high net worth individuals, family offices and endowments. In 1999 he left DLJ to found eSASA.com, a B2B trading platform, designed to facilitate the sourcing and buying of surplus industrial equipment. With branch offices and assets on 4 continents, eSASA was voted “Best of the Web” by Forbes Magazine in 2000. In 2002, John led the successful sale of eSASA, and joined Wells Real Estate Funds in Atlanta GA, as Vice President, National Sales Manager. Under his leadership, Wells raised $2.4 billion in new capital in 2003.
John is a past member of the Board of Visitors at the University of North Carolina, and has been a featured speaker on multiple occasions for his in-depth knowledge of alternative investments . John is a devoted husband and father to two children, daughter Tyler and son Carter. He enjoys spending time with his family, volunteering for various local charities, playing golf, hiking, skiing and sailing.
Chet is a professional with extensive experience in the securities industry, specializing in compliance, operations, technology, commissions, and firm vision. Chet most recently was a Senior Vice President and Chief Operating Officer for the Strategic Financial Alliance, an Independent Broker Dealer from 2015 to 2016. Prior to joining the SFA, Chet served as Executive Vice President and Chief Operating Officer for Triad Advisors from 2005 to 2015. While at Triad, his primary responsibilities were to handle the daily business operations of the entire firm, as well as interact with the firms 600 plus advisors. Chet began his financial services career as a regulator first with the State of Florida and then moved on to the National Association of Securities Dealers (NASD/FINRA) from 1999 to 2004.
As an affiliated advisor, you’ll receive tailored services that only a small, privately-held firm can provide.
Experience a culture of independence
You’re the reason we built Arkadios
You’ve taken the time to hone your skills, shape your practice, and serve your clients. You know what it takes to be successful.
As a broker dealer founded by and for advisors, we believe you deserve to run your business as you see fit. Our role is to simply propel you towards even greater success.
Arkadios is dual registered as both an RIA, and a Broker Dealer. This provides you with the flexibility to operate both a fee-based and a commission-based practice. Our advisors may choose to maintain or establish their own RIA firm, or they may operate under our corporate RIA, Arkadios Wealth Advisors.
2Direct Institutional Access
We offer access to a broad spectrum of investment solutions, covering all asset classes. This includes direct access to leading global alternative investment firms that encompass private equity and real estate funds, hedge funds, credit funds, structured products, oil and gas, managed futures, and 1031 offerings.
Over the past 15 years, Arkadios CEO David Millican led the acquisition of 14 Registered Independent Advisory Firms, while also growing ACG Wealth, a firm he founded with his two partners in 2002, from $50 million to $1.9 billion AUM. David is now focused on actively partnering with select Arkadios advisors, to identify, structure, finance, and seamlessly integrate established books into their practices.
You have worked hard, and have built a very valuable business. When you decide the time is right, our goal is to provide you with a comprehensive solution tailored to fit your needs.
We affiliate with advisors who share our commitment to high standards of professionalism and integrity. These advisors have a proven track record of providing investment advice and financial solutions that are suitable and appropriate. As a boutique firm, our team is able to avoid the one-size-fits all approach to compliance, which in turn allows us to work harder to fully understand each client’s financial profile.