Coral Gables, FL South Dixie Highway Office

Team
Updated today
Arax Advisory Partners logo

Arax Advisory Partners

Multi-team

Firm-wide stats for Arax Advisory Partners

Total advisors

233

Across 54 offices

Clients per advisor

65 High

Avg AUM per client

$1,602,916 High

HNW client ratio

33% High

About

Arax Advisory Partners provides wealth management and advisory services to a broad client mix that includes individual and high‑net‑worth clients, family offices, institutions, and businesses. Services described in the brochure include discretionary and non‑discretionary portfolio management, comprehensive financial planning, retirement plan consulting, private fund advisory, and a sponsored wrap fee program (the Transcend Wrap Fee Program), with tools to manage held‑away retirement assets via a third‑party platform (Pontera).

The firm generally manages accounts on an asset‑based, fiduciary basis, using in‑house portfolio teams, independent external managers, model portfolios, and a mix of traditional and alternative investments (including structured notes and private placements sourced via platforms such as CAIS and iCapital). Arax also discloses the use of performance‑based compensation for a subset of accredited/qualified investors and carried interest for certain private funds, and it supplements investment research and operations with AI tools and third‑party analytics.

Arax’s recent internal consolidation and acquisitions (merging U.S. Capital Wealth Advisors and Transcend into Arax) and its scale — more than 200 advisors and billions in combined regulatory assets under management — distinguish its platform from many peers. The firm’s affiliation with an in‑house broker‑dealer (Arax Securities), related hybrid advisors, an affiliated insurance agency (Arax Insurance Solutions), and an affiliate in The Bahamas (Air Capital Partners) creates a broader set of revenue sources and conflicts (insurance commissions, placement or trail compensation, and program‑sponsorship economics) that are less common among multi‑team advisers.

Based on Arax Advisory Partners

Expertise

Private / alternative investments Retirement plans for business owners (SEP, solo 401k)

Based on Arax Advisory Partners

Occupation focus

Founder/Business Owner Executive Financial Professional

Based on Arax Advisory Partners

Location

500 South Dixie Highway, Suite 201

Coral Gables FL 33146

Advisors at this office

3

Advisors at this office

user avatar

Ruben M

CFP®, PFS™

Coral Gables, FL

Arax Advisory Partners

Ruben Millares is a CFP® and PFS™ with 17 years of industry experience. He is currently with Arax Advisory Partners and has previously worked at Millares & Company, Inc. and Millares Asset Management, LLC. Outside of his advisory role, he is involved as a managing member in several non-investment-related business ventures. Arax Advisory Partners provides wealth management and advisory services to a diverse client base, including individuals, high-net-worth clients, family offices, institutions, and businesses. The firm offers discretionary and non-discretionary portfolio management, comprehensive financial planning, and specialized programs, utilizing both in-house teams and external managers across traditional and alternative investments.

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

Javier M

Series 65

Coral Gables, FL

Arax Advisory Partners

Javier Millares is a financial advisor at Arax Advisory Partners with 11 years of industry experience. He holds a Series 65 designation and previously led Millares Asset Management, LLC for nine years along with earlier roles at MILLARES & CO. INC. and Millares Asset Management. Arax Advisory Partners serves a diverse client base including individuals, high-net-worth clients, family offices, institutions, and businesses. The firm offers discretionary and non-discretionary portfolio management, financial planning, retirement plan consulting, and private fund advisory, utilizing both in-house and external managers across traditional and alternative investments.

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

Maria M

PFS™

Coral Gables, FL

Arax Advisory Partners

Maria Millares is a financial advisor at Arax Advisory Partners with 18 years of industry experience. She holds the PFS™ designation and has previously worked at Blanco + Co, LLP and led her own firms, Millares & Company, Inc. and Millares Asset Management, LLC. Outside of advising, she is the managing member of a commercial real estate business in Coral Gables, FL. Arax Advisory Partners serves a broad client base, including individuals, high-net-worth clients, family offices, institutions, and businesses. The firm offers wealth management and advisory services through a range of approaches, utilizing in-house teams, external managers, model portfolios, and both traditional and alternative investments.

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