$40B Arax Partners to 'Turn Up Dial' on Recruiting Breakaway Advisor Teams

Published on February 6, 2026

CEO Haig Ariyan and his Arax Partners will be leaning into W-2 advisor team recruiting this year as he sees autonomy, economic incentives and wealthtech advancements making the RIA space ripe for breakaways.

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Private Markets Face a Tense Moment With Retail Push on the Line

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On an evening in late September, a few dozen wealth managers gathered at a $63 million French château-style mansion owned by Paris Hilton and venture capitalist Carter Reum in the exclusive Los Angeles enclave of Beverly Park.

Big Tech to Spend $650 Billion This Year as AI Race Intensifies

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Four of the biggest US technology companies together have forecast capital expenditures that will reach about $650 billion in 2026 — a mind-boggling tide of cash earmarked for new data centers and all the gear housed within them.