Arax Advisory Partners

RIASEC RegisteredEst. 2006

Total AUM

$26.5B

Discretionary

$23.8B

90% of AUM

Avg account

$678K

Accounts

39,138

Employees

358

Advisory reps

225

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 a fee-based advisory firm structured as an LLC and registered with the SEC since 2006. The firm serves both individual/family and institutional clients and acts as a capital allocator across third‑party managers and its own pooled vehicles. Its revenue model is mixed — including percentage‑of‑AUM, hourly, fixed, performance‑based and other fee arrangements — and the firm also engages in insurance and other financial product distribution. Advisory services cover comprehensive financial planning, portfolio management for individuals, small businesses and institutions, pension consulting and selection of sub‑advisers, along with educational programming. Arax is an active ESG investor and is affiliated with broker‑dealer, registered municipal advisor and insurance company activities; it also sponsors and manages pooled investment vehicles. The firm was listed among "50 RIA Firms to Watch" by AdvisorHub in 2026.