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Financial Advisory  + Wealth Management  |  May 1, 2025
Arkadios Capital Adds $350M UHNW Wealth Team 
Joe Palmisano
By: Joe Palmisano

Arkadios Capital Adds $350M UHNW Wealth Team 

Arkadios Capital, a hybrid independent broker/dealer, has added KRM Investment Counsel, a wealth management group managing over $350 million in assets, to its nationwide network of entrepreneurial advisors. 

Founded by Jim Rapp, Justin Klestinski, June DiNardo, and Alex Marmitt, KRM Investment Counsel brings more than 70 years of combined expertise, serving over 40 ultra-high-net-worth families. Previously with Wintrust Wealth Management, the firm operates offices in Chicago, Sarasota, and Naples. 

“KRM exemplifies the caliber of institutional-quality firms we are proud to support,” said Paul Pilcher of Arkadios Capital. “Their transition underscores the value of our platform for elite advisors seeking the freedom to tailor solutions and deepen relationships.” 

KRM’s transition to Arkadios reflects its commitment to independence, offering clients greater personalization and a fiduciary-focused model. With Arkadios’ technology, investment solutions, and compliance support, KRM can enhance its high-touch client experience while maintaining its boutique culture.  

Rooted in JP Morgan Private Bank expertise, KRM combines comprehensive wealth planning and investment management. 

In 2024, Arkadios aggressively expanded its advisor network, successfully recruiting multiple teams from competitor LPL Financial. The firm now oversees $13 billion in assets under advisement, supporting 250 advisors across 75 offices in the U.S. and Puerto Rico. 

Pictured l to r: Jim Rapp, Justin Klestinski, CFA, June DiNardo and Alex Marmitt, WMCP 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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