Arax Promotes CFO Diego Galan to COO as Firm Expands National Footprint
Event summary
- Diego Galan, Arax’s CFO since 2022, promoted to Chief Operating Officer on October 6, 2026.
- Galan will oversee operations, technology, M&A, and HR while retaining finance leadership.
- John O’Connor transitions to a leadership role in Arax’s Project Management Office.
- Galan brings nearly 20 years of experience in financial services, strategy, and technology.
The big picture
Arax’s promotion of Galan to COO underscores its aggressive expansion strategy in the wealth management sector. The move aligns with broader industry trends of consolidating RIAs and advisor teams, leveraging technology, and optimizing operational efficiency. With backing from RedBird Capital Partners, Arax aims to solidify its national footprint while maintaining disciplined growth.
What we're watching
- Operational Scaling
- How Galan’s expanded role will impact Arax’s execution speed and coordination across core functions.
- M&A Strategy
- Whether Arax can sustain its growth trajectory through strategic control investments in RIAs.
- Leadership Dynamics
- The pace at which O’Connor’s new role in the Project Management Office influences strategic initiatives.
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