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CFP

Aaron Hodari

Arax Advisory Partners
14 Years of Experience
Birmingham, MI
BrokerSells Insurance
View SEC Summary
View SEC Summary

Aaron Hodari is a CFP-designated registered investment advisor at Arax Advisory Partners, based in Birmingham, MI, with 14 years of industry experience. Aaron is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Corporate Executives, and 9 more. Their firm serves 15,662 clients with $27B in assets under management.

Arax Advisory Partners
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
226 advisors
Number of Clients
15,662 clients
Average Client Portfolio
$1.7M average
Assets Under Management
$26.5B

Fee Structure

Minimum Investment:$50K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any3.00%

Rates generally range from 0.50% to 3.00% per year for assets under management, varying based on account size and complexity. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

111 E. Merrill Street, Suite 400, Birmingham, MI, 48009

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Aaron works as a wealth advisor for Schechter Investment Advisors, LLC, dedicating about half of his time to managing client relationships and assets. He also spends about half of his time selling life insurance, annuities, disability, and LTC insurance through Robert Schechter & Associates, LLC. Additionally, Aaron is a partner/manager at Schechter Private Capital, LLC, focusing on private equity, which takes about half of his time.

Employment History
Current Registrations
Arax Advisory Partners
June 2025 - Present · 1 yr 4 mos
Kingswood Capital Partners, LLCBroker
June 2018 - Present · 8 yrs 4 mos
Previous Registrations
Niagara International Capital LimitedBroker
March 2016 - June 2018 · 2 yrs 3 mos
Schechter Investment Advisors, LLC
February 2014 - July 2025 · 11 yrs 5 mos
NFP Securities, INC.
January 2014 - June 2014 · 5 mos
NFP Securities, INC.Broker
September 2013 - June 2014 · 9 mos
Blackrock Investments, LLCBroker
June 2010 - November 2011 · 1 yr 5 mos
State Registrations15 states
AKCACOCTFLILKYMINJNYOHPATXWIWY
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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