Below is a little more information about us and the services we provide for you. 

 

Who We Are

  • We are a full-service clearing and custody firm that was founded in 2012
  • Based in Dallas, TX with office in New York, NY; Chicago, IL; and Portland, OR; we are registered with the SEC, a member of FINRA, and a participant in SIPC. 
  • Privately owned, we make independent business decisions focused on the long term. 

What We Do

  • While we typically operate in the background, you may occasionally see our name in connection with your cash transactions, trade confirmations, statements, tax documents, and more. 
  • That is because, as your custodian, we hold your assets and create your account statements, among other functions.
  • We call these functions "clearing," which is why we are typically referred to as a "full-service clearing and custody firm." 
  • As a clearing firm, we are able to manage the entire clearing process, creating more efficiencies, transparency, and speed throughout. 
  • We ultimately empower your financial services provider with the cutting edge technology, world-class client service, and collaborative expertise required to help you achieve your financial goals. 

What We Are Not

  • We are not the firm with whom you interact and place trades, or from whom you receive investing advice. That is the role of your introducing broker. Please refer to either our Customer Information Brochure in the Disclosures section or your other account opening documents. 

We appreciate the opportunity to service your account and look forward to continuing to provide you with an excellent investing experience. 

To help clarify what Apex does, here are some definitions of frequently used industry terms.


 

Broker-Dealer: A broker-dealer is a person or firm in the business of buying and selling securities for its own account or on behalf of its customers. 

Clearing: The process of reconciling purchases and sales of various securities, options, or futures, as well as the direct transfer of funds from one financial institution to another. 

Clearing firm: A broker-dealer that provides custody and clearing services.

Custody: A service in which a broker-dealer or other financial institution holds securities on behalf of the client. 

FINRA: The Financial Industry Regulatory Authority (FINRA) is an independent regulator of broker-dealers doing business in the United States. 

Introducing Broker: An introducing broker is a broker-dealer that contracts with a clearing firm to process transactions and/or handle the execution of orders that the introducing firm receives from its customers or its own trading desk to buy and sell securities. 

Registered Investment Advisor (RIA): An RIA is a person or company that is registered with the SEC (or state(s)) and is in the business of giving advice to investors about securities. 

SEC: The Securities and Exchange Commission (SEC) is a U.S. government agency that is charged with protecting investors; maintaining fair, orderly, and efficient markets; and facilitating capital formation. 

Securities: Securities are certain financial instruments, such as stocks or bonds that generally can be traded freely in the open market. 

SIPC: The Securities Investor Protection Corporation (SIPC) is a nonprofit corporation created to insure certain assets investors have deposited in brokerage firms. All registered broker-dealers belong to the SIPC. 

Statement: Monthly or quarterly description of your account activity and holdings within your account. A clearing firm generates and generally transmits statements to you. 

Trade Confirmation: A broker's written acknowledgement that they have completed a trade. In general, trade confirmations contain information such as the date, price, commission fees, and settlement terms of the trade. 

Tax Document: Your tax documents are produced and sent out by your clearing firm.