The Fintech Index
20 reviews 5 categories 1 research report Updated Sep 23, 2026
WLT

Wealth & brokerage platforms

Retail and advisor-facing brokerage, custody, and wealth-ops platforms.

Highest scores

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  1. 1

    Altruist

    8.2/10 Recommend

    Independent RIAs, breakaway advisors and established firms alike, that want one provider for custody and portfolio software with published fees.

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  2. 2

    Addepar

    7.7/10 Conditional recommend

    RIAs, family offices and private banks needing consolidated reporting that spans public assets, private assets and complex ownership structures.

    Open review
  3. 3

    Apex Fintech Solutions

    7.6/10 Conditional recommend

    Brokerages, wealth firms and fintech apps seeking outsourced custody and clearing, API access and broad asset coverage.

    Open review

Every review in this category

WLT8.2

Altruist

Custodian that self-clears and a software platform aimed at independent investment advisers, including an AI assistant used in planning and meetings. Privately held firm that Vanguard agreed to buy in August 2026. Based in Culver City, California.

Best for: Independent RIAs, breakaway advisors and established firms alike, that want one provider for custody and portfolio software with published fees.

Recommend
WLT7.7

Addepar

Platform for data, reporting and AI that unites portfolio data, market data and client data, serving wealth firms, family offices and banks. Privately held. Headquartered in New York.

Best for: RIAs, family offices and private banks needing consolidated reporting that spans public assets, private assets and complex ownership structures.

Conditional recommend
WLT7.6

Apex Fintech Solutions

APIs and the AscendOS platform supply infrastructure for custody, clearing, trading and wealth management to firms that provide investing for their own customers. The company is private. Headquarters: Dallas, Texas.

Best for: Brokerages, wealth firms and fintech apps seeking outsourced custody and clearing, API access and broad asset coverage.

Conditional recommend
WLT7.3

DriveWealth

Brokerage as a service, through a US broker-dealer and APIs, so banks, apps and wallets can offer their own customers worldwide US investing, fractional shares included. The firm is private. Headquarters are in New York.

Best for: Consumer apps, banks and digital wallets, above all those outside the US, seeking to embed investing in US stocks and ETFs through an API.

Conditional recommend

How this category is scored

Four criteria track outcomes that matter to buyers in this category. Another four, the same in all categories, address the company and the commercial terms.

Assets and account types
Buyer outcomes
Supported asset classes, markets and account types.
Advisor and client tools
Buyer outcomes
Features for portfolio, client experience and reporting.
Integrations and data
Buyer outcomes
APIs, data feeds and links into other wealth systems.
Custody and operations
Buyer outcomes
Regulatory status, along with clearing, back-office support and custody.
Product depth and roadmap
Company and commercial
Coverage of the job by the product, and how active development is.
Onboarding and support
Company and commercial
Implementation aid, documentation and support channels offered by the company.
Pricing transparency
Company and commercial
How much pricing a buyer can view before any sales conversation.
Contract terms
Company and commercial
Exit terms, minimums and commitments, to the extent the company publishes them.