Arkadios Wealth Advisors LLC (Atlanta)


Arkadios Wealth Advisors LLC is a related adviser based in Atlanta. It manages $33.47 million of regulatory assets for 144 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, California, Connecticut, and 17 other states.

Arkadios Wealth Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Arkadios Wealth Advisors: assets under management

The assets under management (AUM) of Arkadios Wealth Advisors LLC is $33.47 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $33.47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $232.43 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 28% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in pooled investment vehicles form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arkadios Wealth Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Dorward Harrison serves?

The only and largest group of clients of John Dorward Harrison is individuals with 138 clients and $22.65 million of assets under management. Among the 4 most similar advisory firms, Arkadios Wealth Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $22.65 million for 138 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Arkadios Wealth Advisors doesn't advise any private funds.

Careers at Arkadios Wealth Advisors LLC

The company employs 26 people that are either part- or full-time employees. 69 percent of the employees work as investment advisers or researchers. 20 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

John Dorward Harrison has been acting as President since 1 Jun 2017. David Yancey Millican joined the executive team most recently as the Managing Member/Ceo.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Dorward Harrison President 1 Jun 2017 Other 2361768
David Yancey Millican Managing member/ceo 1 Jun 2017 Other 2788060
Chester Carlton Payne Chief compliance officer 1 Jun 2017 Other 4782341
Arkadios Holdings Owner 1 Jun 2017 75% - 100% 11-1111111

Based in Atlanta

The principal office where Arkadios Wealth Advisors LLC performs its advisory services is located at 3333 Piedmont Rd., Ne, Atlanta, GA 30305, which is also the mailing address of the firm. An additional office of the firm is in Lady Lake, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-445-0035. The normal business hours are 9am to 4pm on Monday - Friday.