Apex Fintech Solutions – a digital wealth management company for fintechs – announced that it has acquired AdvisorArch, which is a portfolio management company and rebalancer for financial advisors. Through this acquisition, Apex will improve its RIA Custody & Execution Platform with a suite of digital advice tools that enable wealth management firms to enhance client experiences at scale. AdvisorArch also automates processes that are essential at providing better service for clients.
AdvisorArch standardizes investment allocations via model management and helps increase efficiency by automating rebalancing for financial advisors and retail investors. This automated rebalancer supports tax loss harvesting, direct indexing, fractional share trading, position management, etc., with seamless connectivity to portfolio management tools.
This acquisition will unlock several additional benefits such as the ability for financial advisors to access direct indexing without minimum account sizes or transaction amounts.
KEY QUOTES:
“Led by a founding team of former industry professionals, AdvisorArch solves for critical pain points that finally give midsize RIAs a meaningful edge. The platform allows us to rebalance all of our accounts across multiple models easily with only a few clicks. It saves us so much time.”
- Priya Malani, Founder & CEO of StashWealth
“Our long-standing commitment to advisory has led us to adapt our world class fintech brokerage offerings to suit the evolving needs of the next generation of financial advisors. This acquisition strategically fills a crucial gap in our platform, providing access to the most advanced, customizable, and scalable rebalancing and direct indexing solution on the market. This marks a significant milestone in our journey to empower advisors.”
- Bill Capuzzi, CEO of Apex
“We see the immense value their automated rebalancer brings to clients. We are excited to build on this value and bring more solutions to the wealth management industry that automate investment processes for RIAs so they can better serve their clients by giving advisors more time to focus on the stuff that matters: relationships and planning, not processing.”
- Olivia Eisinger, General Manager of Advisory at Apex
“The AdvisorArch team is excited to become part of the Apex family. Our deep integration into Apex’s RIA Custody and Execution Platform will make it seamless for traditional advisors and fintechs to automate their rebalancing process while also offering additional services such as tax-loss harvesting capabilities and direct indexing.”
- Mike Kerins, former co-CEO of AdvisorArch who will be joining the Apex team
