Cleveland, OH Office

Team
Updated today
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Arax Advisory Partners

Multi-team

Firm-wide stats for Arax Advisory Partners

Total advisors

227

Across 54 offices

Clients per advisor

67 High

Avg AUM per client

$1,602,916 High

HNW client ratio

33% High

About

Arax Advisory Partners is an SEC‑registered, multi‑team wealth manager that oversees roughly $26.5 billion in regulatory assets through a team of more than 200 advisors and serves individuals, high‑net‑worth clients, family offices, institutions, and retirement plans. Its service menu includes financial planning, discretionary and non‑discretionary portfolio management, retirement plan consulting, consolidated reporting, custody/held‑away account management via third‑party platforms, and advisory services to pooled private funds.

The firm combines internal portfolio management, third‑party model and external manager relationships, and tailored asset‑allocation approaches to implement client objectives and risk tolerances, while maintaining periodic supervisory and compliance oversight. Arax primarily charges asset‑based fees but also operates a wrap‑fee program and manages a subset of accounts and private funds that use performance‑based compensation and carried interest structures.

What distinguishes Arax from many peers is its use of performance‑based fee arrangements and carried‑interest structures for certain qualified investors and private funds, and its active insurance brokerage activity through licensed advisors and related insurance entities — arrangements that introduce different compensation streams and conflicts that Arax discloses and manages. The firm has also recently consolidated affiliated firms (including legacy USCWA and Transcend businesses), acquired Transcend’s wrap program and private‑fund capabilities, and disclosed an affiliation with an international affiliate in The Bahamas, reflecting a broader institutional and operational footprint than is typical for many multi‑team advisers.

Based on Arax Advisory Partners

Expertise

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning

Based on Arax Advisory Partners

Occupation focus

Founder/Business Owner Executive Financial Professional

Based on Arax Advisory Partners

Location

1300 East 9th Street, Suite 1900

Cleveland OH 44114

Advisors at this office

10

Advisors at this office

user avatar

Kristian J

Series 63, Series 65

Cleveland, OH

Arax Advisory Partners

Kristian Jarosz is a financial advisor at Arax Advisory Partners with 23 years of industry experience. Prior to joining Arax in 2026, he worked for Gries Financial LLC for 24 years. He serves as City Council President and Chair of the Executive and Finance Committee for the City of Euclid and is a member of the Euclid Hospital Community Advisory Board. Arax Advisory Partners is an SEC-registered multi-team wealth manager overseeing approximately $26.5 billion in regulatory assets and serves individuals, high-net-worth clients, family offices, institutions, and retirement plans. The firm offers financial planning, portfolio management, retirement plan consulting, and advisory services with a combination of internal and third-party management, employing a variety of fee structures including performance-based arrangements for qualified investors.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
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Jacob C

Series 65

Cleveland, OH

Arax Advisory Partners

Jacob Cooke is a financial advisor at Arax Advisory Partners in Cleveland, OH, holding a Series 65 designation with one year of industry experience. Prior to joining Arax Advisory Partners in 2026, he worked at GFP Private Wealth, Bartlett Wealth Management, and Raymond James. He completed his studies at the University of Cincinnati from 2015 to 2025. Arax Advisory Partners is an SEC-registered, multi-team wealth manager overseeing approximately $26.5 billion in assets through more than 200 advisors. The firm serves individuals, high-net-worth clients, family offices, institutions, and retirement plans, offering services that include financial planning, portfolio management, and retirement plan consulting, using a combination of internal management, third-party models, and tailored asset allocation.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
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Andrej D

Series 65

Cleveland, OH

Arax Advisory Partners

Andrej Drazetic is a financial advisor at Arax Advisory Partners with seven years of industry experience. He holds a Series 65 credential and has previously worked at firms including Gries Financial Partners, Fourth Dimension Wealth, and LPL Financial. His background also includes three years with the Cleveland Cavaliers. Arax Advisory Partners is a multi-team wealth management firm overseeing approximately $26.5 billion in assets through more than 200 advisors. The firm serves individuals, high-net-worth clients, family offices, institutions, and retirement plans using a combination of internal portfolio management, third-party models, and tailored asset-allocation strategies, and is notable for its use of performance-based fees and carried-interest arrangements for qualified investors and private funds.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
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Michael M

Series 66, Series 65

Cleveland, OH

Arax Advisory Partners

Michael Manly is a financial advisor at Arax Advisory Partners with two years of industry experience. He previously worked at Gries Financial Partners for three years and spent sixteen years at Price Waterhouse Coopers. Manly holds Series 65 and Series 66 licenses. Arax Advisory Partners is a multi-team SEC-registered wealth management firm overseeing approximately $26.5 billion in assets. The firm serves individuals, high-net-worth clients, family offices, institutions, and retirement plans, offering comprehensive financial planning, portfolio management, and retirement consulting through a combination of internal management and third-party relationships.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
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Brent H

CFP®

Cleveland, OH

Arax Advisory Partners

Brent Horvath is a CFP® professional based in Cleveland, OH, with 20 years of industry experience. He has worked at Arax Advisory Partners since 2026 and previously spent 23 years at Gries Financial LLC. Arax Advisory Partners is a multi-team wealth manager with over 200 advisors managing approximately $26.5 billion in regulatory assets. The firm serves individuals, high-net-worth clients, family offices, institutions, and retirement plans, offering a range of financial planning and portfolio management services that combine internal management, third-party models, and tailored asset allocation.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
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Carina D

CFP®, Series 63, Series 66

Cleveland, OH

Arax Advisory Partners

Carina Diamond is a CFP® with 22 years of industry experience currently serving at Arax Advisory Partners. She has held advisory roles at several firms, including Gries Financial Partners, Dakota Wealth, and Springside Partners. Arax Advisory Partners is a multi-team wealth manager overseeing approximately $26.5 billion in assets and serving individuals, high-net-worth clients, family offices, institutions, and retirement plans. The firm employs a combination of internal portfolio management, third-party models, and customized asset allocation, and is notable for its use of performance-based fee arrangements and carried-interest structures.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
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Jennifer C

CFP®

Cleveland, OH

Arax Advisory Partners

Jennifer Condon is a CFP® professional with one year of experience, currently serving as an advisor at Arax Advisory Partners. She previously worked at GFP Private Wealth and The Glenmede Trust Company NA, among other firms. Arax Advisory Partners is a multi-team wealth manager overseeing approximately $26.5 billion in regulatory assets. The firm serves individuals, high-net-worth clients, family offices, institutions, and retirement plans through a combination of internal portfolio management, third-party models, and tailored asset allocation.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
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Edward B

CFP®

Cleveland, OH

Arax Advisory Partners

Edward Bell is a CFP® professional with 26 years of experience in financial advising. He has worked at Arax Advisory Partners since 2026 and previously spent 32 years at Gries Financial LLC. Arax Advisory Partners is a multi-team wealth manager with over 200 advisors, overseeing approximately $26.5 billion in assets. The firm serves individuals, high-net-worth clients, family offices, institutions, and retirement plans, using a combination of internal portfolio management, third-party models, and tailored asset allocation to meet client objectives.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
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Sarah G

CFP®, Series 65

Cleveland, OH

Arax Advisory Partners

Sarah Gries is a Certified Financial Planner® with 27 years of industry experience. She is affiliated with Arax Advisory Partners and has operated Gries Financial LLC since 1978. Arax Advisory Partners is an SEC-registered, multi-team wealth manager with over 200 advisors overseeing approximately $26.5 billion in assets. The firm serves individuals, high-net-worth clients, family offices, institutions, and retirement plans through a range of services that include financial planning, portfolio management, and retirement plan consulting.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
user avatar

William C

Series 63, Series 66, Series 65

Cleveland, OH

Arax Advisory Partners

William Caster is a financial advisor at Arax Advisory Partners with seven years of industry experience. He previously worked at Gries Financial, Fifth Third Bank, and PNC Bank. Arax Advisory Partners is a multi-team wealth manager overseeing approximately $26.5 billion in assets, serving individuals, high-net-worth clients, family offices, institutions, and retirement plans through a range of investment and advisory services. The firm employs a combination of internal management, third-party models, and tailored asset allocation, with distinctive use of performance-based fees and carried-interest structures for qualified investors.

Private / alternative investments Concentrated stock management Retirement plans for business owners (SEP, solo 401k) General retirement planning Founder/Business Owner Executive Financial Professional
View complete list of advisors at this office
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