News

Arax’s Ashton Thomas Adds $1.5B Team, Names New CIO

Ashton Thomas Private Wealth, an Arax-owned RIA, acquired asset and wealth manager Day Hagan and is tapping its co-founder as chief investment officer.

U.S. Capital Wealth Ranked #1 on AdvizorPro’s List of Top 10 Independent RIAs in Houston

Arax Investment Partners (“Arax” or the “Company”), a premier wealth platform company backed by RedBird Capital Partners (“RedBird”), is pleased to announce that partner firm U.S. Capital Wealth (“USCW”) was ranked first on AdvizorPro’s 2025 list of the Top 10 Independent RIAs in Houston.

Arax Chief Growth Officer Amy Rizzo Named Finalist for ThinkAdvisor’s M&A Leader of the Year Award 2025

Arax Investment Partners (“Arax” or the “Company”), a premier wealth and asset management platform company with over $32 billion in AUM/A backed by RedBird Capital Partners (“RedBird”), today celebrated its Chief Growth Officer, Amy Rizzo, who was named a finalist for the 2025 ThinkAdvisor M&A Leader of the Year Luminaries award.

Arax Partner Firms Named to Barron’s Top 100 RIA Firms 2025

Ashton Thomas and U.S. Capital Wealth secured top two rankings in the Southwest

RedBird’s sports playbook fuels RIA growth for $30 billion Arax Investment Partners

RedBird’s pedigree investing in sports and media has been thematically an important part of what we’re building,” Arax CEO Haig Ariyan told InvestmentNews.

Why leading RIAs are choosing Arax as their growth partner

Earlier this month, Schechter Investment Advisors, a Birmingham, Mich.-based registered investment advisor with $4 billion in assets under management, announced its sale to Arax Investment Partners, a wealth management platform backed by private equity firm RedBird Capital Partners.

Arax Buys $4 Billion RIA in Michigan

Arax is acquiring another firm that specializes in multigenerational wealth planning and alternative investments.

Arax Investment Partners Acquires Schechter Investment Advisors, Broadening Midwestern Presence

Schechter Investment Advisors to operate under Arax Advisory Partners

Ashton Thomas Adds $900M Team From SVB Private

Ashton Thomas Private Wealth adds Lance Millar and Stewart Preziose from SVB Private, forming Speritas Private Wealth Team with $900 million in AUM in San Francisco.

Arax Recognizes Partner Firms Named on USA Today’s List of Best Financial Advisory Firms 2025

Arax Investment Partners celebrates the inclusion of partner firms Ashton Thomas Private Wealth, U.S. Capital Wealth and SRS Capital Advisors on USA Today’s list of Best Financial Advisory Firms 2025.

Ashton Thomas Private Wealth Welcomes New Team in San Francisco

Ashton Thomas Private Wealth (“Ashton Thomas” or the “Company”), an Arax Investment Partners firm, today announced that Lance Millar and Stewart Preziose have joined the firm in San Francisco, further reinforcing the Company’s presence in the West Coast market.

Arax Buys $1 Billion Colorado RIA, Furthering Its Expansion Efforts

The firm, led by Haig Ariyan, has been expanding through acquisitions and recruitment of advisor teams.

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