On March 30, 2026, Arax Investment Partners announced that it acquired Omni Financial Advisory Group.
On March 30, 2026, Arax Investment Partners (“Arax”) announced that it acquired Omni Financial Advisory Group (“Omni”). Under the terms of the transaction, the Omni team will integrate into Arax’s Arax Advisory Partners, a coalition of independent firms offering specialized services, investment advice, and planning solutions for high-net-worth families, individuals, and institutions. Further terms of the deal were not disclosed.
Arax, based in New York, is a wealth and asset management platform specializing in strategic investments in advisory teams. Arax has approximately $32.9 billion in assets under management.
Omni, based in Poughkeepsie, New York, is a registered investment advisor offering investment management, financial planning, annuities and life insurance services. Omni oversees approximately $170 million in client assets.
To read the press release: please click here.