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RIA / WealthAdvisor22 years in industry

STEPHAN M FARBER

Advisor at ARAX ADVISORY PARTNERS

NEW YORK, NY | Houston, TX

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Search this name across graphsid dfx:ria:50e8f80e-e6b7-3912-0dab-eda15d19e626

Data as of Sep 15, 2026 (this record's last observation) from federal regulator filings. Page built Sep 18, 2026, 11:55 PM UTC and rebuilt at most every 15 minutes.

Relationships: 7
Dated events: 1
On other graphs: 0
Observed: Jun 18, 2004 to Sep 15, 2026

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Current firm: ARAX ADVISORY PARTNERS
Current firm class: broker-dealer affiliated wealth managerderived
Book size: not publicno per-advisor AUM is published by the SEC, FINRA or IAPD, and DFX estimates none
Industry start: Jun 17, 2004earliest registration or exam on IAPD
Years in industry: 22derivedfrom the industry start date
Years at current firm: 0derivedfrom the current registration's begin date
Prior firms: 6
Current registrations: 1
Registered states: 1
Exams: S66
First exam: Jun 17, 2004
First registration: Jun 18, 2004
Dual registered: no
Other names: STEPHEN FARBER|STEPHAN MICHAEL FARBER
IAPD individual key: 4772647

Registration history

registration spans on IAPD; the basis says whether the span is a current registration or a prior employment record

Firm	Class	Began	Ended	Current	Branch	Basis
ARAX ADVISORY PARTNERS	Bd affiliated wealth	Jul 19, 2026	n/a	yes	Houston, TX\|NEW YORK, NY	Current employment
U.S. CAPITAL WEALTH ADVISORS, LLC	Bd affiliated wealth	Jan 29, 2025	Jul 20, 2026	no	HOUSTON, TX	Previous registration
INSCRIPTION CAPITAL, LLC	Independent wealth	Oct 22, 2018	Feb 24, 2025	no	Houston, TX\|HOUSTON, TX	Previous registration
RAYMOND JAMES & ASSOCIATES, INC.	National bd RIA	Sep 6, 2016	Oct 26, 2018	no	Houston, TX	Previous registration
DEUTSCHE BANK SECURITIES INC.	No RAUM reported	Aug 30, 2013	Sep 6, 2016	no	HOUSTON, TX	Previous registration
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED	Wirehouse	May 29, 2009	Sep 3, 2013	no	HOUSTON, TX	Previous registration
UBS FINANCIAL SERVICES INC.	Wirehouse	Jun 18, 2004	Jun 18, 2009	no	HOUSTON, TX\|WEEHAWKEN, NJ\|HOUSTON, TX\|HOUSTON, TX	Previous registration

Moves

a move is two registration dates; a bulk corporate re-registration is typed BULK_TRANSFER and is not a move

From	To	Left	Joined	Gap, days	Kind	Move type
U.S. CAPITAL WEALTH ADVISORS, LLC	ARAX ADVISORY PARTNERS	Jul 20, 2026	Jul 19, 2026	-1	Bulk transfer	Ibd to ibd
INSCRIPTION CAPITAL, LLC	U.S. CAPITAL WEALTH ADVISORS, LLC	Feb 24, 2025	Jan 29, 2025	-26	Firm change	RIA to ibd
RAYMOND JAMES & ASSOCIATES, INC.	INSCRIPTION CAPITAL, LLC	Oct 26, 2018	Oct 22, 2018	-4	Firm change	Ibd to RIA
DEUTSCHE BANK SECURITIES INC.	RAYMOND JAMES & ASSOCIATES, INC.	Sep 6, 2016	Sep 6, 2016	0	Bulk transfer	Other
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED	DEUTSCHE BANK SECURITIES INC.	Sep 3, 2013	Aug 30, 2013	-4	Firm change	Other
UBS FINANCIAL SERVICES INC.	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED	Jun 18, 2009	May 29, 2009	-20	Firm change	Wirehouse to wirehouse

Team moves

moves this advisor made together with colleagues (two or more registrations ending and beginning together)

Team	Left	Joined	From	Kind
291780:288199:TX:2025-02-24	Feb 24, 2025	Jan 29, 2025	HOUSTON, TX	Firm change

Relationships

Registered with (7)

→ ARAX ADVISORY PARTNERSRegistered adviserregistration: current employment
Jul 19, 2026 to presentfactForm ADV
→ U.S. CAPITAL WEALTH ADVISORS, LLCRegistered adviserregistration: previous registration
Jan 29, 2025 to Jul 20, 2026factForm ADV
→ INSCRIPTION CAPITAL, LLCRegistered adviserregistration: previous registration
Oct 22, 2018 to Feb 24, 2025factForm ADV
→ RAYMOND JAMES & ASSOCIATES, INC.Registered adviserregistration: previous registration
Sep 6, 2016 to Oct 26, 2018factForm ADV
→ DEUTSCHE BANK SECURITIES INC.Registered adviserregistration: previous registration
Aug 30, 2013 to Sep 6, 2016factForm ADV
→ MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATEDRegistered adviserregistration: previous registration
May 29, 2009 to Sep 3, 2013factForm ADV
→ UBS FINANCIAL SERVICES INC.Registered adviserregistration: previous registration
Jun 18, 2004 to Jun 18, 2009factForm ADV

Dated events

Occurred
Feb 24, 2025
Advisor changed firm
Stephan M Farber left Inscription Capital, Llc for U.S. Capital Wealth Advisors, Llc (registered 2025-01-29)
Form ADVobserved 3 days ago