News
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.
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Arax Buys $4 Billion RIA in Michigan
Arax is acquiring another firm that specializes in multigenerational wealth planning and alternative investments.
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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.
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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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Private-Equity-Backed Arax Buys $1.7 Billion Denver RIA
Arax Investment Partners has acquired SRS Capital Advisors, a Denver-based registered investment advisor that has about $1.7 billion in assets under administration.
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Arax CEO sees big role for hybrids in firm’s growth plans
When Haig Ariyan thinks about the ongoing consolidation in the advisory industry, he sees no reason why it should lead to greater uniformity among firms.
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Arax Buys $9 Billion Wealth Manager, Its Largest Acquisition So Far
Arax Investment Partners is buying a $9 billion wealth management firm, Houston-based U.S. Capital Wealth Advisors.
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Ashton Thomas Launches New York Office and Welcomes $500M Private Wealth Team
The McDonagh Bauers Private Wealth Team, formerly of Alex. Brown, a division of Raymond James, has joined Ashton Thomas Private Wealth, an Arax Investment Partners firm.
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Arax’s Newly Acquired Ibd Sticks Pershing Clearing And Custody
This will likely become a much larger relationship for the clearing and custody firm as Arax continues to acquire and scale its wealth management business.
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Arax Makes a Splash by Buying Broker-Dealer, Recruiting $2 Billion Advisor Team, and Hiring CIO
Barron’s | Advisor News
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