Brooklyn Investment Group and Apex Launch Unified AI-Powered Managed Account Platform for Digital and Traditional Assets
The solution will serve independent financial advisors through Apex Clearing, Apex Crypto and Brooklyn Investment Group
Managed account platform to integrate investing in crypto and traditional assets through a single custodian
BROOKLYN, NY–(BUSINESS WIRE)–Brooklyn Investment Group, LLC (“Brooklyn”), an AI-powered managed account platform and Apex Fintech Solutions Inc. (“Apex”), the “fintech for fintechs”, today announced a new offering that will enable a unified investor experience across traditional and digital assets. Brooklyn extends the concept of direct indexing by allowing customization of portfolios at the individual client level. The solution will soon be available for independent financial advisors powered by Apex subsidiaries, Apex Clearing and Apex Crypto.
Apex enables financial advisors to manage visibility into a client’s entire financial situation as it integrates crypto and splitting capabilities through its cryptocurrency and stock custody solutions. With this unique offering, financial advisors can further drive client engagement while growing and supporting their business.
“The industry lacks a scalable solution for equities, crypto and fixed income that is fully customized, inexpensive and tax-efficient,” commented Erkko Etula, Brooklyn Chief Investment Officer and former CEO of Goldman Sachs. “As a result, we sought to leverage the capabilities of Apex which is focused on combining traditional and next-gen solutions to scale with our business. We are excited to launch our unified investor experience that will create a fully personalized portfolio for each client, avoiding unnecessary management fees and opening up opportunities for dynamic rebalancing and fiscal alpha across the entire portfolio.
Brooklyn CEO John Nay added:Existing wallet customization solutions on the market were limited to a handful of choices for the end customer. Apex’s open architecture platform has allowed us to create a truly unique offering that combines our AI with our investment platform across all asset classes to unlock nearly endless portfolio possibilities and enable a true customization and scalability of the investment management process.
Bill Capuzzi, CEO of Apex, said:We are excited to partner with Brooklyn on this important initiative which will provide a combined state-of-the-art solution from Apex Clearing and Apex Crypto platforms to meet the needs of their customers.
Olivia Eisinger, Managing Director of Consulting at Apex Fintech Solutions, added: “The independent advisory space is growing rapidly in a vibrant investment climate with investors seeking access to traditional assets as well as crypto. We’re proud to partner with a solution to effectively meet these demands so that advisors can focus on the experience they provide to their clients.
Co-founded by John Nay, Ph.D. and Erkko Etula, Ph.D., Brooklyn Investment Group is a registered investment adviser that leverages technology from its parent company, Brooklyn Artificial Intelligence Research. Over the past five years, Brooklyn Artificial Intelligence Research has developed a powerful AI engine that understands preferences through natural language and designs personalized investment strategies to match. Over $5 billion has been traded on portfolios created by its AI to date, which is now combined with its institutional-grade portfolio optimization, automated tax loss collection and trading systems.
The announcement comes hot on the heels of a strategic partnership Brooklyn signed earlier this month with a $15 billion investment advisory firm. Brooklyn’s team of machine learning researchers, software engineers, and quantitative investment professionals have been building the rails to empower the growing $6.6 trillion industry of independent financial advisors.
About Brooklyn Investment Group
Brooklyn Investment Group is a registered investment advisor providing AI-powered managed account solutions to independent financial advisors. It is a wholly owned subsidiary of Brooklyn Artificial Intelligence Research. For more information, visit the Brooklyn website at BKLN.com.
About Apex Fintech Solutions
Apex Fintech Solutions Inc., “fintech for fintechs”, is the parent company of Apex Clearing Corporation, a custody and clearing platform that powers innovation and the future of digital wealth management, and Apex Pro , a trusted clearing partner for brokers. , ATS, routing companies, professional trading companies, hedge funds, institutions and emerging managers. We offer cryptocurrency trading and custody services through Apex Crypto LLC, a wholly owned subsidiary of Apex Fintech Solutions. Collectively, our suite of solutions creates an environment in which companies with the greatest ideas in fintech are empowered to change the world. If you have the courage to dream, we have the courage to help you achieve those dreams.
For more information, visit Apex Fintech Solutions website.
Cryptocurrency trading is provided by Apex Crypto LLC. Apex Crypto is not a registered broker nor a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto is licensed to engage in virtual currency business by the New York State Department of Financial Services. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) under a software license agreement between Apex Crypto LLC and Brooklyn Investment Group, LLC. Please ensure you fully understand the risks involved before trading: apexcrypto.com/legal
Apex Clearing Corporation, a wholly owned subsidiary of Apex Fintech Solutions Inc., is an SEC-registered broker, member of FINRA and SIPC, and licensed in 53 states and territories. Availability of products and services may vary by country. Nothing herein constitutes an offer to sell or a solicitation of an offer to buy any securities, products or services by any person or entity in any jurisdiction or country where such distribution or use would be unlawful. or regulation. The company’s stock and ticker symbols appearing here are for illustrative purposes only and do not constitute a recommendation for any particular security. All investments involve risk. Investment returns will fluctuate and will be subject to market volatility. An investor’s shares, when redeemed or sold, may be worth more or less than their original cost. You should consider your investment objectives, the risks involved and consult your investment and/or tax professional about your particular circumstances before making any investment decision.
While the information provided herein is believed to be correct, Apex Clearing Corporation and Apex Crypto LLC (collectively “Apex”) make no representations or warranties, express or implied, as to the accuracy or completeness of the information and do not agree no responsibility for any statement. opinion or any errors or omissions. By accepting these materials, you understand and acknowledge that neither Apex nor any of its officers, directors or agents shall have any liability to any party or its representatives resulting from reliance on the information provided herein. Only representations or warranties that are made in a definitive agreement when and as it is executed, and subject to such limitations and restrictions as may be specified in such definitive agreement, shall have legal effect.
FINRA BrokerCheck reports for Apex Clearing Corporation are available at: http://www.finra.org/brokercheck
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