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Est. 2026The front page of wealth managementNew York

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RIA comparison · SEC Form ADV

Silvercrest Asset Management Group LLC vs Arax Advisory Partners

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Silvercrest Asset Management Group LLC is the larger of the two, with $28B in regulatory assets to $27B at Arax Advisory Partners, 7% more than its rival, by their latest Form ADV filings. Arax Advisory Partners reports more individual clients (15,155 vs 1,081), while Silvercrest Asset Management Group LLC’s clients hold more on average (about $18 million each against $1.6 million). Both are based in New York, New York.

FigureSilvercrest Asset Management Group LLCArax Advisory Partners
Regulatory AUM$28B$27B
National rank#37#39
HeadquartersNew York, New YorkNew York, New York
Individual clients1,08115,155
High-net-worth clients1,0814,949
Average client assets$18 million$1.6 million
Accounts1,20539,138
Discretionary84% of AUM90% of AUM
Employees175361
Advisory staff92168
Clients per advisory employee1290
Offices839
Form ADV filed2026-03-312026-08-14

Silvercrest Asset Management Group LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Selecting other advisers

How it’s paid

  • A percentage of assets under management
  • Fixed fees
  • Performance-based fees

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

Questions

Which is bigger, Silvercrest Asset Management Group LLC or Arax Advisory Partners?

Silvercrest Asset Management Group LLC, with $28B in regulatory assets under management against $27B at Arax Advisory Partners. Nationally they rank #37 and #39 among 5,657 independent wealth management RIAs.

How many clients do Silvercrest Asset Management Group LLC and Arax Advisory Partners have?

Silvercrest Asset Management Group LLC reports 1,081 individual clients (1,081 high-net-worth) with 92 advisory employees; Arax Advisory Partners reports 15,155 (4,949 high-net-worth) with 168 advisory employees.

How do Silvercrest Asset Management Group LLC and Arax Advisory Partners charge clients?

Only Arax Advisory Partners lists hourly charges; other forms of compensation on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Silvercrest Asset Management Group LLC and Arax Advisory Partners offer?

Arax Advisory Partners lists pension consulting; educational seminars and workshops; other services, which Silvercrest Asset Management Group LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for pooled investment vehicles; portfolio management for businesses and institutions; selecting other advisers.

More comparisons

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: Silvercrest Asset Management Group LLC ↗, Arax Advisory Partners ↗. How to check a financial advisor →