James McDaniel
Financial advisor at Arax Advisory Partners · Austin, TX
Last updated 2026-10-10
Claim your profileJames McDaniel is a financial advisor at Arax Advisory Partners in Austin, TX, CRD 6594548. Licenses and exams on the registration: Series 66. IAPD registration began 2016-03-28.
Registration
- CRD number
- 6594548
- Registration status
- Active
- IAPD registration
- 2016-03-28
- Industry Experience
- 10 years
- Work Experience
- 10 years
- States registered
- TX
Licenses and exams
- Series 66
Work history
- 2015-12 to 2017-06 · Austin Financial Partners · Austin, TX
- 2015-12 to 2017-06 · Commonwealth Financial Network · Waltham, MA
- 2017-06 to 2026-06 · U.S. Capital Wealth Advisors, LLC · Austin, TX
- 2026-06 to Present · Arax Advisory Partners · Austin, TX
Current employment
- Arax Advisory Partners · New York, NY
Arax Advisory Partners
- Regulatory AUM
- $26,524,973,206
- Registered advisors
- 232
- Offices
- 83
- Clients per advisor
- 67.5 (Moderate)
- Average AUM per client
- $1.7M (Low)
- High-net-worth client ratio
- 31.6% (Moderate)
Arax Advisory Partners: advisors, services and reported ETF investments
About
James McDaniel is a financial advisor at Arax Advisory Partners in Austin, TX. Reported securities licenses include Series 66. The latest record indicates 10 years of industry experience and 10 years of reported work history.
Arax Advisory Partners' firm-level Form ADV reports 232 advisors across 83 offices; approximately 67.5 clients per advisor, average assets per client of $1,693,588, and regulatory AUM of $26.5B; client categories including Individuals (non-HNW), High net worth individuals, Pooled investment vehicles, Pension and profit-sharing plans, Charitable organizations, and Corporations or other businesses; services including Financial Planning Services, Portfolio Management: Individuals and Small Businesses, Portfolio Management: Pooled Investment Vehicles, Portfolio Management: Businesses or Institutional Clients, and Pension Consulting Services.
PortfolioFuture's firm-level 13F analysis covers $7.4B across 1,162 reported ETF positions for the 2026-06-30 reporting period. These are firm-level disclosures, not investments attributed to James McDaniel personally.
Reported ETF positions
Arax Advisory Partners reports 1,162 ETF positions worth $7.4B on Form 13F; the largest are listed.
| Fund | Reported value |
|---|---|
| SPY — SPDR S&P 500 ETF TRUST | $413.8M |
| IVV — iShares Core S&P 500 ETF | $325.1M |
| VUG — Vanguard Morningstar Growth ETF | $303.1M |
| QQQ — Invesco QQQ Trust, Series 1 | $278.8M |
| DYNF — iShares U.S. Equity Factor Rotation Active ETF | $201.4M |
Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
Noteworthy reported investments
Arax Advisory Partners's strongest reported position on each research ranking. Institution-level evidence, not this advisor's or any client's holding.
| Ranking | Fund | Reported value | Percentile | Key figures |
|---|---|---|---|---|
| Similar Fund Ranking | CGDV — Capital Group Dividend Value ETF | $17.3M | Top 99.9% | Peer conviction 86.4% · Active return +5.44% |
| Addressable Market | DYNF — iShares U.S. Equity Factor Rotation Active ETF | $201.4M | Top 99.9% | Addressable AUM $14.9T · Peer conviction 86.8% |
| Residual Alpha | CORO — iShares International Country Rotation Active ETF | $96.4M | Top 99.8% | Residual alpha +5.96% · Residual Sharpe 0.24 |
| Diversification Benefits | IALT — iShares Systematic Alternatives Active ETF | $18.7M | Top 99.4% | Replicability (R²) 33.8% · Residual Sharpe 1.52 |
Historical comparisons from the published research release formed 2026-10-02; not forecasts or recommendations. Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
What this firm offers
Filed by Arax Advisory Partners on Form ADV.
Client services
- Financial Planning Services
- Individuals and Small Businesses
- Pooled Investment Vehicles
- Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Other Advisers
- Educational Seminars or Workshops
- Other Advisory Service
Fee options
- Percentage of Assets Under Management
- Hourly Charges
- Fixed Fees (Other Than Subscription)
- Performance-Based Fees
- Other
Business and affiliations
- Insurance Broker or Agent
- Other Financial Product Salesperson
- Sells Non-Advisory Products or Services
- Broker-Dealer or Municipal Securities Dea
- Other Investment Adviser (Incl. Financial
- Registered Municipal Advisor
- Insurance Company or Agency
- Sponsor or GP of Pooled Investment Vehicl
- Adviser to Any Private Fund
Location
300 West 6th Street, Austin, TX 78701
19 advisors at this office.
Contact
The firm's filed contact details.
Official record
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