Arax Investment Partners Acquires Omni Financial Advisory

Arax Investment Partners, a national wealth management consolidator, has strategically expanded its footprint by acquiring Omni Financial Advisory Group. This latest move, announced on March 30, 2026, signals Arax's continued aggressive growth strategy within the independent advisory space. The Denver-based platform aims to integrate Omni Financial's established client base and specialized services into its broader network, enhancing its reach particularly in the crucial Northeast corridor.

Omni Financial, a Poughkeepsie, New York-based firm with over three decades of operation, has cultivated a strong reputation for providing bespoke financial planning, investment management, and insurance solutions. The firm's multi-generational approach, led by founder Gregory Bayer and supported by his children, Braedon Bayer (CFP practitioner) and Reilly Bayer (Client Service Coordinator), underscores a commitment to enduring client relationships and personalized service. This deep-seated client trust is a key asset that Arax seeks to leverage.

The acquired entity will operate under Arax Advisory Partners (AAP), a dedicated division within Arax Investment Partners focused on serving high-net-worth individuals, families, and institutional clients. This integration is expected to provide Omni Financial advisors with access to enhanced resources and a wider array of sophisticated wealth management tools, while simultaneously broadening Arax's service capabilities and advisor network. The transaction reinforces Arax's model of partnering with established advisory teams that possess strong market credibility.

Haig Ariyan, CEO of Arax Investment Partners, emphasized the strategic alignment, stating that firms like Omni Financial embody the precise partnership criteria Arax prioritizes: established reputations, robust client connections, and sustainable business models. This acquisition follows a pattern of similar strategic investments by Arax, including the February 2026 acquisition of GFP Private Wealth, an RIA managing $1.5 billion in assets. These moves collectively demonstrate Arax's ambition to become a dominant force in the wealth management aggregation market.

The wealth management sector continues to experience significant consolidation, driven by an aging advisor population, increasing regulatory complexity, and the demand for scalable technology solutions. Firms like Arax are capitalizing on this trend by offering succession solutions and growth capital to independent advisors. The market for Registered Investment Advisors (RIAs) has seen substantial M&A activity, with deal volumes remaining robust as larger platforms seek to gain market share and operational efficiencies through strategic acquisitions. The integration of Omni Financial is a testament to this ongoing industry evolution.

Gregory Bayer expressed optimism about the future, noting that the partnership with Arax will facilitate sustained growth and expand service offerings without compromising the firm's foundational values. This sentiment highlights a common driver in such acquisitions: the desire for growth and enhanced capabilities while preserving the legacy and client-centric ethos of the acquired firm. The Northeast region, with its concentration of high-net-worth individuals, represents a particularly attractive market for wealth management expansion.