Arkadios Capital Adds $700M Team Formerly With Commonwealth Financial
Hybrid independent broker-dealer Arkadios Capital has added Garden City, N.Y.-based Monogram Wealth Partners, an advisory firm overseeing more than $700 million in assets under advisement. Monogram Wealth Partners was previously affiliated with Commonwealth Financial Network.
Founded and led by Maurice J. Acriche, Louis Rusinowitz and Alex Rusinowitz, Monogram provides comprehensive financial planning and investment management services for individuals, families, and business owners. According to the firm’s partners, they have guided clients through multiple economic cycles and policy shifts, offering stability and insight across generations.
“Monogram firmly believes the family connection between its partners and employees is central to how we work with our multi-generational clients,” said Rusinowitz. “Just as each family is different, we work to develop custom solutions tailored to each client.”
Structured to empower wealth management teams with institutional-quality resources while preserving their autonomy, Arkadios is privately held and provides flexibility and high-touch support designed to meet the distinct needs of each advisory firm.
“The addition of Monogram Wealth Partners underscores the growing appeal of our model,” said Paul Pilcher, director of strategic partnerships. “We built Arkadios to give advisers the scale, infrastructure, and compliance capabilities of a national firm while keeping the entrepreneurial control that fuels their growth and client success.”
According to Arkadios, the firm continues to attract leading wealth management teams seeking an alternative to consolidation within the financial services industry.
“The move to Arkadios provides Monogram and its clients with great technology and direct access to all the decision makers while allowing the firm to maintain our custodial relationship with National Financial Services, [a subsidiary of Fidelity Investments],” said Acriche.
Arkadios Capital has more than 75 offices nationwide and more than $15 billion in assets under advisement. The hybrid independent broker-dealer supports large and growth-oriented wealth management firms.
Over the summer, a pair of advisory teams from competing wirehouses, Morgan Stanley and Merrill Lynch, announced that they combined their practices to form Longleaf Capital Group, an independent wealth management firm with more than $2 billion in assets under advisement on the Arkadios Capital platform.
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