RIA · Independent channel
GFP Private Wealth
Acquired by Arax Investment Partners · February 2026
RIA in Cleveland, OH founded in 1978 as Gries Financial, acquired by Arax Investment Partners.
- Website
- gfpwealth.com
- Regulator record
- GFP PRIVATE WEALTH (SEC)
Recorded arrivals
0
Teams and practices joining in 2026
Recorded departures
1
Teams and practices leaving in 2026
Arrival assets
—
Reported practice assets · 0 of 0 disclosed
Departure assets
$1.5B
Reported practice assets · 1 of 1 disclosed
Arrivals and departures are counted separately, not netted.
Monthly arrivals by origin category
Where arriving teams came from, by month
Wirehouses, Banks & BDsRIAIndependent Broker-Dealer
Arrivals came from
Origin firms, by number of teams
No recorded arrivals in 2026.
Departures went to
Destination firms, by number of teams
Arrivals 0
Teams joining GFP Private Wealth in 2026. Open a team for its source record.
No recorded arrivals in 2026.
Departures 1
Teams leaving GFP Private Wealth in 2026.
| Date | Pattern | Team / advisor(s) | To | Reported assets | Source |
|---|---|---|---|---|---|
| Feb 3 | Acquisition | GFP Private WealthCleveland, OH | Arax Investment PartnersRIA | $1.5B | Press Release |
Data through October 31, 2026. See the methodology for how transactions, assets and sources are defined.