Last Updated: November 2025 — Atlanta, GA
Here’s what you need to know about Atlanta, GA stockbroker Patrick Rankin Chitwood:
- Name: Patrick Rankin Chitwood
- Current Employer: Arkadios Wealth Advisors (Investment Adviser Rep); Chitwood Advisory Group (Owner)
- Prior Firms: Osaic Wealth, Inc.; Triad Advisors LLC; Arkadios Capital; ProEquities Inc.; Royal Alliance Associates; Robinson-Humphrey; Shearson Lehman; Paine Webber; Wheat First Securities
- Other Business Affiliations: Chitwood Advisory Group; Chitwood Wealth Management
- CRD number: 871271
- Stockbroker / Financial Advisor: Former FINRA-registered broker; currently a registered investment adviser
- Can Broker be Sued in FINRA: Yes
- Highest Award or Settlement: $172,500
If you’ve sustained damages from Mr. Chitwood, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Patrick R. Chitwood as Your Stockbroker?
A FINRA arbitration filed in March 2022 (Case No. 22-00441) alleged that Mr. Chitwood made unsuitable and overconcentrated recommendations in alternative investments, including DPPs/LP interests and real estate securities, while at Triad Advisors LLC and Arkadios Capital. The case was settled in 2023 for $172,500.
Investigations involving Over-Concentration
Allegations of Broker Misconduct Against Patrick R. Chitwood
- Unsuitability – recommending illiquid alternatives inconsistent with customer objectives (FINRA Rule 2111)
- Overconcentration – placing too much of a client’s portfolio in high-risk alternatives
- Negligence – failure to monitor risk, disclose illiquidity, or provide adequate risk explanations
FINRA Rule 2111- suitability -Regulation Best Interest
Recover Your Investment Losses Now With Rex Securities Law
Investigations of Other Triad Advisor Brokers
Investigations of other Arkadios Capital Brokers
If you have suffered investment losses in an account handled by Patrick R. Chitwood, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation nationwide for investors seeking recovery of losses caused by stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning you do not pay legal fees unless we are successful.