RIA comparison · SEC Form ADV
Arax Advisory Partners vs 1919 Investment Counsel, LLC
Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.
The short answer
Arax Advisory Partners is the larger of the two, with $27B in regulatory assets to $26B at 1919 Investment Counsel, LLC, 2% more than its rival, by their latest Form ADV filings. Arax Advisory Partners reports more individual clients (15,155 vs 4,866), while 1919 Investment Counsel, LLC’s clients hold more on average (about $4.1 million each against $1.6 million). Arax Advisory Partners is based in New York, New York and 1919 Investment Counsel, LLC in Baltimore, Maryland.
| Figure | Arax Advisory Partners | 1919 Investment Counsel, LLC |
|---|---|---|
| Regulatory AUM | $27B | $26B |
| National rank | #39 | #40 |
| Headquarters | New York, New York | Baltimore, Maryland |
| Individual clients | 15,155 | 4,866 |
| High-net-worth clients | 4,949 | 2,653 |
| Average client assets | $1.6 million | $4.1 million |
| Accounts | 39,138 | 5,169 |
| Discretionary | 90% of AUM | 100% of AUM |
| Employees | 361 | 131 |
| Advisory staff | 168 | 52 |
| Clients per advisory employee | 90 | 94 |
| Offices | 39 | 9 |
| Form ADV filed | 2026-08-14 | 2026-08-27 |
Arax Advisory Partners
Full profile →Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Performance-based fees
- Other
1919 Investment Counsel, LLC
Full profile →Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Other
Questions
Which is bigger, Arax Advisory Partners or 1919 Investment Counsel, LLC?
Arax Advisory Partners, with $27B in regulatory assets under management against $26B at 1919 Investment Counsel, LLC. Nationally they rank #39 and #40 among 5,657 independent wealth management RIAs.
How many clients do Arax Advisory Partners and 1919 Investment Counsel, LLC have?
Arax Advisory Partners reports 15,155 individual clients (4,949 high-net-worth) with 168 advisory employees; 1919 Investment Counsel, LLC reports 4,866 (2,653 high-net-worth) with 52 advisory employees.
How do Arax Advisory Partners and 1919 Investment Counsel, LLC charge clients?
Only Arax Advisory Partners lists hourly charges; performance-based fees on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.
What services do Arax Advisory Partners and 1919 Investment Counsel, LLC offer?
Arax Advisory Partners lists portfolio management for pooled investment vehicles; educational seminars and workshops, which 1919 Investment Counsel, LLC does not. 1919 Investment Counsel, LLC lists portfolio management for investment companies, which Arax Advisory Partners does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; pension consulting; selecting other advisers; other services.
More comparisons
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- Arax Advisory Partners vs Summit Trail Advisors, LLC $27B · $20B
- Plante Moran Financial Advisors vs 1919 Investment Counsel, LLC $27B · $26B
- 1919 Investment Counsel, LLC vs United Capital Financial Advisors $26B · $25B
- 1919 Investment Counsel, LLC vs Integrated Wealth Concepts LLC $26B · $24B
- 1919 Investment Counsel, LLC vs D.F. Dent and Company, Inc. $26B · $7.9B
Where these numbers come from
Every figure is the firm’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.
Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Arax Advisory Partners ↗, 1919 Investment Counsel, LLC ↗. How to check a financial advisor →