Arax Advisory Partners

RIASEC Registered

Total AUM

$26.5B

Discretionary

$23.8B

90% of AUM

Avg account

$678K

Accounts

39,138

Employees

361

Advisory reps

238

Firm details

Headquarters: New York, New York
CRD number: 133535
Registered since: September 20, 2006
Website: araxpartners.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC., NATIONAL FINANCIAL SERVICES LLC, PERSHING LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees, Other
Client types: HNWI80.09%
Individuals11.49%
Corporations / Businesses5.33%
Charitable Organizations1.13%
Pension & Profit Sharing Plans1.08%
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 independent, SEC-registered investment adviser (registered in 2006) that serves high-net-worth individuals, families and institutional clients. The firm operates as a capital allocator and offers a mix of advisory services that include financial planning, discretionary portfolio management for individuals, pooled investment vehicle oversight, pension consulting, adviser selection, and educational programming. Arax also conducts insurance brokerage and other financial-product sales as part of its business activities. The firm reports an active ESG investing stance and was named to AdvisorHub’s “50 RIA Firms to Watch” list in 2026.