Enrique Lopez, a McAllen, Texas-based registered independent advisor overseeing more than $100MM in assets, has moved his practice from an LPL Financial-affiliated community bank to Arkadios Capital.

The move grows Arkadios geographically by partnering with a successful multi-national advisor based in a south Texas border town, where financial services are largely dependent on cross-border economics. A significant portion of the liquidity held in U.S. financial institutions there is transgenerational wealth from Mexico.

A first-generation American, Lopez has relied on basic relationship building techniques largely based on cultural identity and native language communication proficiency to grow his practice, which specializes in managing alternative investments for high-net-worth families.

Arkadios Capital, founded by investment advisors for investment advisors in 2016, oversees more than $2.83BB in assets. The privately-held independent broker-dealer (IBD) provides tailored solutions to its affiliated independent wealth advisors.

Along with a suite of high-end advisory services, securities, bonds and mutual funds, the platform offers access to highly vetted private equity deals, real estate investments, debt products and other alternative investments missing in the larger IBD channels.

“Arkadios Capital is an organized system of real people, who have taken the time to understand me and help me solve the very challenging needs of my very unique multifaceted, multinational client base,” said Lopez.

After co-founding one of the fastest-growing RIAs in the county, ACG Wealth, David Millican launched Arkadios Capital as an alternative to the ongoing commoditization in the industry. The company has more than doubled its revenue and grown from two employees to more than 20.

“Enrique has grown his advisory business through hard work, by being flexible and by solving how to best serve his clients,” said Millican. “That is Arkadios Capital’s DNA. We are entrepreneurs. We have grown successful independent practices. We have the expertise to help our partners like Enrique continue to grow, to serve their clients and to thrive.”