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TRENDING TAGS
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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Apex Clearing Taps Veteran Exec
[Photo: CEO William Capuzzi (left) and Ron Fiske]
Apex Clearing Corp., which works with robo-advisors like Betterment, has hired industry veteran Ron Fiske to head its retail operations. Prior to joining Apex, Fiske was an MD at Envestnet Asset Management from 2-10 to 2016. He previously held management roles at Fidelity Investments (2008-2010) and Pershing (2000 to 2008).
“Ron is a perfect fit for Apex because he shares the same vision for fintech as we do: that as digital services become more integrated, the firms with the most sophisticated technology will be the ones that are able to not only operate the most profitably, but also deliver the most user-friendly, seamless platforms to their clients.” - - William Capuzzi, CEO of Apex Clearing.
Recently, Apex said it is working with Smartleaf to add rebalancing technology to its core custody and clearing services. The clearing firm says that, according to BI Intelligence, robo-advisors could have as much as $8 trillion in assets by 2020.

