Arax buys $9 billion hybrid broker/dealer in Houston
Arax Investment Partners, a wealth management platform backed by private equity firm RedBird Capital Partners, has acquired US Capital Wealth Advisors, a hybrid broker/dealer and registered investment advisor with $9 billion in total assets across 5,500 clients and 62 advisors. The firm, headquartered in Houston, will operate as a separate brand on the Arax platform…
Read More