RedBird Capital-backed U.S. Capital Wealth Advisors completed the acquisition of U.S. Capital Wealth Advisors.

RedBird Capital-backed U.S. Capital Wealth Advisors, a wealth management platform company, completed the acquisition of U.S. Capital Wealth Advisors, a hybrid wealth management firm. Financial terms were not disclosed. “USCWA was founded on the same principles as Arax, enabling financial advisors to provide expert, holistic solutions to clients that combine the personal touch of a regional firm with capabilities available to larger, national institutions. Bringing in this multi-custodial advisory platform along with the capabilities of U.S. Capital’s broker-dealer will create further opportunities for advisors and their clients across the Arax platform,” Haig Ariyan, Arax CEO.