Hybrid broker-dealer Arkadios Capital has added two more independent wealth management practices previously affiliated with Triad Advisors.
Jim Walesa, based in Chicago, caters to business owners and land and mineral rights owners, among other clients, Atlanta-based Arkadios says in a press release.
He has been in the financial services industry for 37 years and spent 18 years at Triad prior to registering with Arkadios, according to his BrokerCheck profile.
Arkadios also added Ke Dao, whose seven-year-old Riverton Financial Group caters to physicians and medical groups, Arkadios says.
Dao has been in the industry for 16 years and had spent seven of them registered with Triad before joining Arkadios, according to BrokerCheck.
Walesa and Dao are expected to bring more than $370 million to Arkadios’ platform, the company says.
Arkadios has so far lured several advice practices from Triad this year.
In May, Arkadios poached a practice in New Jersey overseeing $180 million, and in March it added two Triad-affiliated practices collectively managing $180 million.
In August Arkadios added an independent Texas practice overseeing $90 million.
Since its launch in 2016 by David Millican, Arkadios has more than tripled its revenue while its advisors ranks have grown to more than 50, the company says in the press release.