Arax Investment Partners, a wealth management platform company backed by RedBird Capital Partners, has added SRS Capital Advisors, a registered investment advisor, to the company’s multi-partner wealth management platform.

Founded in 2004, SRS focuses on wealth management services for high-net-worth families and individuals, businesses and foundations. Headquartered in Denver, Colo., with offices in Pittsburgh and Philadelphia, and managing approximately $1.7 billion in AUM, SRS has grown over the past two decades, particularly in the family and individual client space.

UBS served as financial advisor and Fried Frank acted as legal counsel to Arax on the transaction. Waller Helms and Park Sutton Advisors served as financial advisors to SRS Capital Advisors.