News

Arax Celebrates Finalists for Wealth Management’s 2026 Industry Awards

NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Arax Investment Partners (“Arax”), a national wealth management company, is pleased to recognize three firm advisors who were named finalists for Wealth Management’s 2026 Industry Awards in the following categories:

RIA moves: Modern Wealth snaps up $1.1B Florida firm to extend Eastern footprint

Arax and Waverly also staged their own East Coast expansions by acquiring a family-owned practice and a Maryland-based wealth firm.

Arax Advisory Acquires $1.5B AUM New York Practice

Arax Advisory Partners, a division of Arax Investment Partners that oversees $43 billion in assets, has acquired The Oak Group, one of the largest wealth management practices in the Hudson Valley, with close to $1.5 billion in client assets.

Arax named #1 Advisory Firm in the United States

Investing carries risks, even under the best economic conditions. And with recent geopolitical events like the war in Iran roiling markets, investing feels more precarious than ever.

Arax Recognizes 2026 InvestmentNews Excellence Awardees

Arax Investment Partners (“Arax”), a national wealth management company, is pleased to recognize its valued partner firms, teams and advisors who have been selected as Excellence Awardees for the 2026 InvestmentNews Awards.

Arax snaps up New York boutique Omni Financial

The platform's addition of a multi-generational practice, led by a veteran advisor from Cetera, extends its footprint further in the Northeast.

Arax Adds Pinnacle Peak Private Client Group to Ashton Thomas

Arax Investment Partners today announced that Pinnacle Peak Private Client Group (“Pinnacle Peak”) has joined Ashton Thomas Private Wealth (“Ashton Thomas”).

AGM ALTS WEEKLY: PRIVATE EQUITY’S NEW ERA

Good morning from Washington, D.C. I’ve just returned from a week in Florida where I interviewed Arax Investment Partners Founder and CEO Haig Ariyan at PEI NEXUS as part of the conference’s Private Wealth Forum.

$40B Arax Partners to ‘Turn Up Dial’ on Recruiting Breakaway Advisor Teams

CEO Haig Ariyan and his Arax Partners will be leaning into W-2 advisor team recruiting this year as he sees autonomy, economic incentives and wealthtech advancements making the RIA space ripe for breakaways.

Arax Acquires $1.5B Cleveland RIA Led by Carina Diamond

Arax has purchased GFP Private Wealth, expanding its Midwest presence, from its previous owner, 4100 Group Financial Services.

Arax Investment Partners Acquires $1.5 Billion Cleveland Advisory Firm

The acquisition of GFP Private Wealth adds a team of 27 to Arax’s fast-growing operation.

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.

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