Arax Advisory Partners

Registered investment adviser · New York, NY · CRD #133535

Form ADV data as of 2026-09-01

Regulatory assets

$26.52 billion

Total accounts

39,138

Employees

361

Disclosure events

Firm details

Website: https://www.instagram.com/transcend_golf/
Telephone: 646-777-1823
SEC file number: 801-67165
Most recent Form ADV filing: 2026-08-14
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 4 disclosure questions answered Yes, covering 8 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Another regulator entered an order in connection with investment-related activity (past 10 years)
Another regulator denied, suspended, or revoked a registration or restricted activity
A self-regulatory organization found a violation of its rules
A self-regulatory organization expelled, suspended, barred, or restricted the firm

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$23.83 billion
Non-discretionary regulatory assets under management	$2.69 billion
Total regulatory assets under management	$26.52 billion
Discretionary accounts	35,710
Non-discretionary accounts	3,428
Total accounts	39,138
Regulatory assets under management attributable to non-U.S. persons	$65.7 million

People

Total employees (excluding clerical)	361
Employees performing investment advisory functions (including research)	168
Employees who are registered representatives of a broker-dealer	118
Employees registered as investment adviser representatives with a state	230
Employees registered as IARs for another investment adviser	7
Employees who are licensed insurance agents	105
Firms or persons who solicit advisory clients on the firm's behalf	21

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$2.43 billion
Clients for whom the firm has custody	1,285
A related person has custody of client cash or bank accounts	Yes
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$252.6 million
Clients for whom a related person has custody	67
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	1

How the firm is compensated

A percentage of assets under managementHourly chargesFixed fees (other than subscription fees)Performance-based feesOther

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshopsOther

Other business activities

Insurance broker or agentOther financial product salesperson

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Registered municipal advisorInsurance company or agencySponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys securities from or sells securities to advisory clients (principal transactions)
Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another proprietary interest
Executes agency cross transactions involving advisory client securities
Recommends securities for which it serves as underwriter or general partner
Recommends securities in which it has another sales interest
Recommends brokers or dealers to clients
Brokers or dealers recommended under 8.E. are related persons
Receives soft dollar benefits
Compensates a non-employee for client referrals
Provides employee compensation specifically for obtaining clients
Receives compensation from others for client referrals

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	10,206	$3.05 billion
High net worth individuals	4,949	$21.24 billion
Pooled investment vehicles (other than investment companies and BDCs)	12	$235.1 million
Pension and profit sharing plans (not the participants or government plans)	53	$285.2 million
Charitable organizations	130	$298.7 million
Corporations or other businesses not listed above	312	$1.41 billion