Arax Investment Partners Tops Financial Advisor Magazine’s Fastest-Growing RIAs List — Arax Investment Partners

Event summary

Arax Advisory Partners ranked #1 on Financial Advisor Magazine’s 2026 list of the Top 50 Fastest-Growing Firms in the U.S.
Ashton Thomas Private Wealth, an Arax subsidiary, ranked #4 on the same list.
Arax manages $43 billion in assets under management (AUM) as of June 1, 2026.
The firm added 10 new teams and expanded operations across 15 states in the past year.

The big picture

Arax’s top ranking underscores the growing trend of independent RIAs consolidating under larger platforms for infrastructure and capital support. The firm’s ability to attract high-performing advisory teams reflects broader industry shifts toward scalable, client-centric wealth management models. With backing from RedBird Capital Partners, Arax is positioning itself as a key player in the RIA M&A space.

What we're watching

Growth Sustainability: Whether Arax can maintain its rapid expansion pace while integrating new teams and firms.
Market Positioning: How the firm’s strategic control investments in RIAs will impact its competitive standing.
Regulatory Compliance: The pace at which Arax adapts to evolving regulatory requirements as it scales nationally.