Arax Investment Partners Acquires $1.5 Billion Cleveland Advisory Firm

Group 1 - Arax Investment Partners has acquired GFP Private Wealth, a Cleveland-based registered investment advisory firm with $1.5 billion in assets under management [1] - The acquisition adds a team of 27 professionals to Arax's operations, contributing to its growth strategy [1] - The deal was announced on Tuesday and officially closed on January 30 [1]