What is Apex Clearing?

Apex Clearing Corporation provides digital wealth management solutions. The Company offers account and cash management, paperless account opening and funding processing, automated re-balancing, investment planning, portfolio construction, and other back office services. Apex Clearing serves customers in the United States.

Does Robinhood use APEX Clearing?

Robinhood used to use Apex Clearing until October 2018, so it's not entirely unexpected for Apex to mail you something. Which securities are referenced in the letter? It just says Banco Santander, S.A next to the description. That's a company in Spain. Probably ignore the letter unless you want to write them back.

What is apex custody?

Apex is an open system. A platform built on the simple premise that custody is meant to serve. Not control. So we designed the Apex platform to facilitate the relationship between you and your customer – not dictate it. We don’t force pre-packaged solutions or off-the-shelf solves.

Will APEX Clearing's back-door IPO disrupt Ria and crypto-currency markets?

After being given up for dead more than once, Apex Clearing Corp. is reporting a back-door initial public offering (IPO) that may radically up its chances to play disrupter in both RIA and crypto-currency custody and trading markets. Bill Capuzzi: This is a momentous milestone.