Arax Advisory Partners announced that The Oak Group, a Hudson Valley-based wealth management practice overseeing approximately $1.5 billion in client assets, has joined the firm from Wells Fargo Advisors.
Founded in 2003 by Ryan Peek and Gary Ben-Ezra, The Oak Group is based in Poughkeepsie, New York and provides wealth management, investment advisory, and financial planning services for high-net-worth individuals, families, and institutions.
The addition expands Arax’s presence in the Northeast and marks the company’s second New York-based wealth management team addition during 2026.
The Oak Group said it utilizes modern portfolio theory and tactical asset allocation strategies to support clients across wealth accumulation, preservation, retirement, and estate planning objectives.
According to the companies, the team brings more than 60 years of combined investment management and client service experience.
Arax said the addition supports its broader strategy of building a national network of wealth management partners focused on specialized advisory services and financial planning solutions for affluent clients.
Arax Advisory Partners operates as an independent registered investment advisor backed by RedBird Capital Partners and led by CEO Haig Ariyan.
KEY QUOTES:
“This is an exciting new chapter for The Oak Group. In Arax, we were pleased to find a partner that is as dedicated to delivering excellent client service as we are. We look forward to exploring the new opportunities that this move creates for our clients and advisory practice overall.”
Ryan Peek, Co-Founder, The Oak Group
“The Oak Group is a team defined by its relationship-based approach, commitment to excellence and willingness to innovate to meet client needs. Their values directly align with our vision and strategic growth plan, and we’re pleased to have the team on board as we look ahead to the future.”
Haig Ariyan, CEO, Arax Advisory Partners
