Arax Investment Partners Continues to Scale Multi-Partner Platform Structure
NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Arax Investment Partners (“Arax”), a premier wealth management platform company backed by RedBird Capital Partners (“RedBird”), today announced three significant milestones in the rapid scale-up of its multi-partner platform:
- Excel Securities & Associates, Inc., a full-service independent Broker-Dealer & SEC registered investment advisor (“Excel”), was acquired by Arax and will operate as Ashton Thomas Securities.
- Prior to joining Arax, Handa served as a Managing Director and Partner of Pennington Partners & Co. as well as co-Head of the firm’s investment committee.
- Prior to Insight Investment, Handa was the Chief Investment Officer for the City of Philadelphia Board of Pensions Retirement Plans.
- “Arax’s multi-platform wealth management platform strategy is differentiated in the market and is attracting great partners to the platform, specifically a number of highly talented advisor teams.”