Arax Advisory Partners

RIASEC RegisteredEst. 2006

Total AUM

$23.2B

Discretionary

$20.5B

88% of AUM

Avg account

$663K

Accounts

34,944

Employees

319

Advisory reps

122

Firm details

Headquarters: New York, New York
CRD number: 133535
Registered since: September 20, 2006
Website: araxpartners.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC., PERSHING LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees, Other
Client types: HNWI79.37%
Individuals12.19%
Corporations / Businesses5.93%
Charitable Organizations1.29%
Pension & Profit Sharing Plans1.23%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Arax Advisory Partners is an SEC-registered advisory firm (registered in 2006) that combines advisory and insurance brokerage capabilities. The firm serves both affluent individuals and institutional clients, offering fee arrangements that include percentage-of-AUM, hourly and fixed fees, and performance-based components. Its advisory scope covers financial planning, portfolio management for individuals, small businesses, institutions and pooled vehicles, pension consulting, manager selection, and investor education. Arax also operates in brokerage and insurance product distribution and functions as a sponsor/GP/managing member of pooled investment vehicles. The firm signals an equity-first orientation and reports active ESG investing practices. Arax was named to AdvisorHub’s "50 RIA Firms to Watch" list in 2026.