Arax Advisory Partners Acquires $1.5 Billion RIA The Oak Group from Wells Fargo

Arax Advisory Partners has acquired the $1.5 billion registered investment advisor (RIA) The Oak Group, which is based in Poughkeepsie, New York. This acquisition strengthens Arax's presence in the Northeast and marks its second deal in Upstate NY this year.

By Patrick Donachie May 5, 2026 2 min read · Yahoo Finance ·

Arax Advisory Partners Acquires $1.5 Billion RIA The Oak Group from Wells Fargo

Tickers: $WFC

Topics: acquisition private equity wealth management

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