Arax Advisory Partners

RIASEC RegisteredEst. 2006

Total AUM

$26.5B

Discretionary

$23.8B

90% of AUM

Avg account

$678K

Accounts

39,138

Employees

361

Advisory reps

233

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 SEC-registered wealth manager organized as an LLC and operating since 2006. The firm serves both high-net-worth individuals and institutional clients and functions as a capital allocator, advisor, and sponsor/manager of pooled investment vehicles. Its advisory services include financial planning, discretionary portfolio management across individual, pooled and institutional accounts, pension consulting, selection of sub‑advisers, and client education through seminars and workshops. Arax also conducts insurance brokerage and other financial product distribution. Fee arrangements are flexible and include asset-based fees, hourly and fixed fees, and performance-based components. The firm identifies as an active ESG investor and was named one of “50 RIA Firms to Watch” by AdvisorHub in 2026.