News

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.

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.

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.

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.

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.

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.

Arax Makes a Splash by Buying Broker-Dealer, Recruiting $2 Billion Advisor Team, and Hiring CIO

Barron’s | Advisor News

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