Arax Investment Partners announced that Pinnacle Peak Private Client Group, a Scottsdale-based registered investment advisor with $460 million in assets under management, has joined Ashton Thomas Private Wealth, one of Arax’s partner firms. The addition continues Ashton Thomas’ rapid pace of growth while strengthening the firm’s presence in its home market and across the Southwest.
Pinnacle Peak delivers personalized portfolio management and financial planning services through a relationship-driven approach grounded in modern portfolio theory. The firm works with individuals, families, business owners, and charitable organizations, with a particular focus on active and retired federal employees.
Following the move, the team will operate as the Pinnacle Peak Private Wealth Team within Ashton Thomas. The group includes Brian Jack and Matt Figueroa as directors, partners, and private wealth advisors, along with wealth advisors Ron Burns and Tyler Soria, senior registered associate Teresa Flores in private wealth client services, and associate Shay Figueroa in private wealth client services.
The transaction adds six team members to Ashton Thomas and expands the firm’s footprint in the Southwest while enhancing the range of resources and services available to clients through the broader Arax platform.
KEY QUOTES
“Joining Ashton Thomas is an exciting next step as we work to advance our mission – helping our clients achieve their dreams, both today and in the future.”
Brian Jack, Director, Partner and Private Wealth Advisor, Ashton Thomas Private Wealth
“As a team, client service is at the heart of everything we do. As part of the Ashton Thomas platform, we can now unlock new opportunities for our client family with a wider range of resources and services and the support of the leading wealth management operators in the business.”
Matt Figueroa, Director, Partner and Private Wealth Advisor, Ashton Thomas Private Wealth
“Ashton Thomas continues to welcome experienced advisors who are drawn to the capabilities of our firm and a shared commitment to putting clients first. With the addition of this team, we further strengthen our presence in our home market, broaden our reach and continue executing on our long-term growth strategy.”
Aaron Brodt, Founder and Chief Executive Officer of Ashton Thomas
