Arax Investment Partners announced it has acquired Omni Financial Advisory Group, a boutique financial advisory firm based in Poughkeepsie, New York, as the national wealth management platform continues to expand its footprint across the United States.
The transaction brings a multi-generational advisory practice into Arax’s network, reinforcing its strategy of partnering with established firms that serve high-net-worth individuals and families. Omni Financial, founded more than 30 years ago by Gregory Bayer, has built a reputation for delivering personalized investment management and financial planning services, with a strong emphasis on long-term client relationships.
The firm operates as a family-run business, with Bayer working alongside his son Braedon, a CFP practitioner, and daughter Reilly, who serves as a client service coordinator. The structure reflects a continuity-focused model that Arax has increasingly targeted as it builds out its platform of advisor-led businesses.
Following the acquisition, Omni Financial will join Arax Advisory Partners, the firm’s platform designed to unify wealth management providers offering specialized services, investment advice, and financial solutions to individuals, families, and institutions. The addition is expected to broaden Arax’s reach in the Northeast while complementing its broader national growth strategy.
Arax, backed by private equity firm RedBird Capital Partners, has been actively pursuing acquisitions and partnerships to scale its network while maintaining the independence and identity of the firms it brings into its ecosystem. The company positions itself as a growth partner, providing capital, operational resources, and M&A expertise to advisory teams seeking to expand without compromising their client-centric approach.
Financial terms of the deal were not disclosed.
KEY QUOTES:
“Partnering with Arax prepares us for sustainable long-term growth, expanding our offerings and capabilities without losing touch with the core values that have defined this firm for decades. We’re excited to enter the next chapter for our family’s business, supported by the opportunities this partnership creates for the future of our practice.”
Gregory Bayer, Founder of Omni Financial Advisory Group
“Welcoming Omni Financial to our firm is both a validation of the business we are building and a reflection of the strength of our model. Firms like Omni Financial represent exactly the kind of advisors we seek to partner with, teams that have built strong reputations, deep client relationships and sustainable businesses. Omni brings a legacy of expertise and integrity that resonates with our core values, and we’re pleased to welcome the team to Arax.”
Haig Ariyan, CEO of Arax Investment Partners
