First joint client mandate will transform wealth management as well as help companies meet investor demands and needs for years to come
Marstone, Inc., a leading, independent digital wealth management platform, and Apex Clearing, the custody and clearing engine powering the future of digital wealth management, today announced the integration of their platforms. Through this strategic partnership, advisors can deliver superior client and advisory services via wealthtech solutions by tapping into the strengths of both firms.
“Marstone’s platform offers an exceptional user experience and intuitive design,” said Bill Capuzzi, Partner at PEAK6 and CEO of Apex Clearing. “We look forward to bringing new and innovative tech-forward solutions to market together in the coming months, and this launch serves as just the beginning of our joint mission to modernize investing in the digital wealth space.”
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This new partnership will benefit investment management firms, insurance companies, and organizations with large financial services practices – or others that are expanding their businesses into financial services – that face high demand for digital experiences and capabilities. It is forged with a specific joint client mandate as the initial collaborative project, which will be live in the coming months. In the future, innovations could come to include advisor tools and more.
“In today’s uncertain times, it’s essential for the companies that clients trust with their financial access and health to be modern, digital-first, and inclusive of clients with $500 or $50 million. Apex Clearing is known to be a leader in administering client assets in real time and is incredibly digitally friendly. These exacting capabilities driven by powerful APIs combined with Marstone’s modern customer experience and approach will ensure future growth for us both,” said Margaret J. Hartigan, Co-Founder and CEO, Marstone. “Our technology is a tool for digital transformation, and we’re excited to see where our current and future collaboration with Apex will lead.”
