Articles from Arax Investment Partners

NEW YORK, Oct. 02, 2025 (GLOBE NEWSWIRE) -- 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.

NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Ashton Thomas Private Wealth (“Ashton Thomas”), an Arax Investment Partners firm, today announced that it has acquired Day Hagan, a Sarasota-based wealth and asset management company comprised of Day Hagan Asset Management and Day Hagan Private Wealth. The partnership brings Day Hagan’s investment experience and astute thought leadership to Ashton Thomas, while unlocking access to an expanded set of resources, comprehensive capabilities and a national platform for Day Hagan clients. This transaction builds on more than a decade of strong collaboration between Day Hagan and Ashton Thomas, led by Founder and CEO Aaron Brodt.

NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- 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. This recognition is a testament to Ms. Rizzo’s leadership and role supporting the execution of Arax’s ambitious growth strategy.

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

NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Ashton Thomas Private Wealth (“Ashton Thomas” or the “Company”), an Arax Investment Partners firm, today announced that Kobo Wealth Conservancy (“Kobo”), a Honolulu-based registered investment advisor (“RIA”), has joined Ashton Thomas. This deal continues Ashton Thomas’ rapid expansion across the United States, establishing the firm’s presence in Hawaii for the first time. Financial terms of the deal were not disclosed.

Summit Wealth Strategies to operate under Arax Advisory Partners

NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Ashton Thomas Private Wealth (“Ashton Thomas” or the “Company”), an Arax Investment Partners firm, is proud to celebrate Managing Wealth Advisor and Women & Wealth Ambassador Cary Carbonaro, who was named InvestmentNews’ 2025 DEI Trailblazer of the Year.

Schechter Investment Advisors to operate under Arax Advisory Partners

NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- 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. Together, they will form the Speritas Private Wealth Team, with Mr. Millar as a Partner, Managing Director and Private Wealth Advisor, and Mr. Preziose as a Wealth Advisor.

All Partners Ranked in Top 20% Nationally

NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Ashton Thomas Private Wealth (“Ashton Thomas” or “the Company”), an Arax Investment Partners firm, is pleased to announce that it was ranked #7 out of 500 firms on USA Today’s list of Best Financial Advisory Firms 2025. In addition to making the Top 10, Ashton Thomas also ranked second nationally in its assets under management (“AUM”) subcategory.

NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- Arax Investment Partners (“Arax”), backed by RedBird Capital Partners (“RedBird”), is pleased to recognize several of its valued partner firms, teams, and advisors who have been selected as Excellence Awardees for the 2025 InvestmentNews Awards.

NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Arax Investment Partners (“Arax”), a premier wealth and asset management platform company backed by RedBird Capital Partners (“RedBird”), today announced that it has acquired Cedrus Financial (“Cedrus”), an established RIA headquartered in Littleton, Colorado, managing around $1 billion in assets under management. Financial terms of the transaction were not disclosed.

Firm has established new office hub in San Francisco to service West Coast market

NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Arax Investment Partners (“Arax”), a premier wealth management platform company backed by RedBird Capital Partners (“RedBird”), today announced the addition of SRS Capital Advisors (“SRS”), an established Registered Investment Advisor, to the company’s multi-partner wealth management platform. SRS joins Arax as a key pillar for the platform, bringing best-in-class leadership, strong RIA capabilities and highly sophisticated wealth planning solutions to support Arax’s continued growth and industry-leading positioning.

SCOTTSDALE, Ariz., May 28, 2024 (GLOBE NEWSWIRE) -- Campbell Private Wealth Management, led by cofounder Craig Campbell, has joined the Ashton Thomas Private Wealth Network. Based in Midland, Texas, Campbell was formerly affiliated with the Wells Fargo Financial Network (FiNet). The firm rebranded from Campbell Securities to Campbell Private Wealth Management as part of the move. Campbell had approximately $400 million in assets under management at FiNet.

Addition Will Bring Arax AUM to Over $16B

Stafford Schauer Private Wealth Team, formerly of Alex.Brown, has joined Ashton Thomas Private Wealth