# Apex Fintech Solutions Apex Fintech Solutions is an Asset Manager based in Dallas, United States. ## Overview - **Organization type:** Asset Manager - **Headquarters:** Dallas, United States - **Region:** North America - **Address:** Dallas, TX, United States - **Founded:** 2012 - **Assets under management:** Undisclosed - **Website:** apexfintechsolutions.com ## Regulatory record - **Reports private funds:** No ## About Apex Fintech Solutions formed in 2012 through the merger of two clearing firms and the acquisition of Ridge Clearing & Outsourcing Solutions, building a technology-forward clearing and custody business from Dallas. Bill Capuzzi joined as CEO in 2017 after serving as president of the company's clearing division, steering the firm through the retail trading explosion of the late 2010s. Apex does not generate its own wealth — it earns revenue from execution, custody fees, and securities lending tied to the client activity flowing through its infrastructure. The firm operates a business-to-business model, providing clearing, custody, and execution services to registered investment advisors, digital wealth platforms, and broker-dealers. Apex clears equities, options, ETFs, mutual funds, and fixed income, serving as the designated custodian for assets held by clients of Robinhood Securities, Webull, Betterment, and Public.com. Its custody platform supports fractional share trading, recurring investments, and automated tax-loss harvesting. In 2020, Apex handled the clearing for accounts that drove elevated trading volumes during the meme-stock episode, processing millions of transactions daily through its Dallas operations center. Apex serves over 200 introducing firms and held an estimated 20 million customer accounts on its platform as of late 2021, before Robinhood began migrating clearing operations in-house. The firm's technology stack includes a suite of APIs that allow fintech partners to launch brokerage products within weeks, bypassing the multi-year build required for traditional clearing relationships. Apex launched a crypto clearing and custody capability in 2021, extending its infrastructure to digital-asset broker-dealers, though it scaled back those ambitions as the crypto market contracted in 2022. The firm maintains a single headquarters in Dallas with no disclosed satellite offices. Apex's structural position is unusual: it owns no retail brokerage of its own, avoiding direct competition with its clients, unlike rivals Charles Schwab and Fidelity which operate both clearing and direct-to-consumer businesses. This pure-play model allows fintech partners to trust that their customer data and relationships remain insulated from the clearing provider. Apex planned to go public via SPAC merger in 2021 in a deal valuing the company at $4. ## Sectors - FinTech - Enterprise Software ## People - Bill Capuzzi — CEO ## Questions ### What is Apex Fintech Solutions' core business? Apex operates as a clearing, custody, and execution platform for fintech broker-dealers and registered investment advisors. It does not offer a retail-facing brokerage product. The firm earns revenue through transaction-based clearing fees, custody charges on assets held, and securities lending income generated from margin accounts across its client base of over 200 introducing firms. ### Which major fintechs rely on Apex for clearing and custody? Apex has served as the primary clearing firm for SoFi, Stash, Betterment, Webull, and Public.com. Robinhood was historically Apex's largest client, driving significant transaction volume through the Apex clearing platform, but Robinhood began migrating clearing operations to its own self-clearing subsidiary in phases starting around 2021. The remaining client base includes digital wealth advisors and crypto broker-dealers. ### How does Apex make money? Apex generates revenue through per-trade clearing fees, custody fees based on assets under custody, and securities lending income tied to margin accounts and short-selling activity. The firm also earns interest on client cash balances held in custody accounts. Because its revenue is tied to trading volume and asset levels, Apex's financial performance correlates with retail trading activity and equity market conditions. ### Is Apex Fintech Solutions a publicly traded company? Apex remains private. The firm announced a merger with Northern Star Investment Corp. II, a special purpose acquisition company, in February 2021 at an expected valuation of $4.7 billion. Apex and Northern Star terminated the agreement in September 2022, citing deteriorating market conditions. The firm has raised capital from private investors including TPG Growth and Peak6 Investments. ### What role did Apex play during the 2020–2021 retail trading surge? Apex cleared a substantial portion of the equity and options trades executed during the meme-stock trading events of January 2021, when retail investors drove extreme volatility in GameStop, AMC, and other heavily shorted stocks. The firm implemented temporary trading restrictions on certain securities in coordination with its brokerage clients and clearinghouse margin requirements, drawing scrutiny alongside Robinhood for restricting customer access to markets during that period. ### Where are Apex's operations located? Apex Fintech Solutions is headquartered in Dallas, Texas, where it maintains its primary clearing operations and technology infrastructure. The firm does not publicly disclose additional office locations. All known executive leadership and core clearing functions operate from the Dallas headquarters. ## Related profiles - [Automatic Data Processing](https://altss.com/profile/automatic-data-processing) - [Classic Collision](https://altss.com/profile/classic-collision) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/apex-fintech-solutions-inc Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology