Ashton Thomas Private Wealth, a leading diversified financial advisory firm that specializes in advising affluent individuals and families, foundations, and business entities, announced that it has entered into a definitive agreement to join Arax Investment Partners , RedBird Capital Partners’ wealth management platform company. Terms of the agreement were not disclosed.
“This relationship marks an important milestone in the growth story of Ashton Thomas,” stated Ashton Thomas founder and CEO, Aaron Brodt. “We built this firm to meet the increasingly complex needs of elite wealth advisors and their clients and have a history of attracting top talent across the financial services spectrum. Haig’s vision and values match our own, and Arax’s unique and differentiated platform provides our advisors the ability to scale, while retaining an independent and entrepreneurial culture. We are pleased to join forces with Arax, backed by RedBird’s extensive track record of scaling financial platforms and M&A expertise.”
Ashton Thomas was founded in 2010 and has grown into an award-winning registered investment adviser firm with twelve offices in seven states. The firm’s advisors serve affluent individuals and families, foundations, and business entities, through fee-based financial planning and investment portfolio management, tax consulting, retirement plan consulting, and related financial education programs.