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Apex Clearing adds Ron Fiske to its Pershing mafia as it plays bigger for emerging asset class -- RIA digital

Fiske departs Envestnet to rejoin Apex CEO William Capuzzi, a former Pershing colleague, to build on Apex 'big league' success as custodian for firms like Betterment and Wealthfront

Author By Lisa Shidler February 8, 2017 at 10:05 PM
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Ron Fiske: I thought I’d be there the rest of my career.

RIA Custodians



Will Sharp

Will Sharp

February 9, 2017 — 1:25 AM
As a current robo-advised fin-tech client of Apex, their technology and prowess is OVERRATED! They screw up routine transactions, claim they have it fixed, screw it up again, and 'round we go. They promise improvements, to follow up and never ever deliver. Yup, they are just like the big 4 custodians (Fidelity, Schwab, et. al.). They just specialize in screwing up robo-advisors!
Stephen Winks

Stephen Winks

February 12, 2017 — 4:04 PM
A new disruptive, faster, better, cheaper business model in advisory services is emerging. It is not just about ROBOs but prudent process, advanced technology, accountability for every recommendation ever made, authentication back to objective, non-negotiable fiduciary criteria and the professional standing of the advisor. New leadership is required and the APEX slate is clean without cultural impediment. Look for the APEX announcement of a more modern approach to portfolio construction that facilitates continuous, comprehensive counsel--not possible in conventional brokerage or TAMPs, which will attract serious advisors interested in achieving professional standing in advisory services. The room for innovation in a marketplace resistant to change. SCW


December 29, 2018 — 12:26 PM

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March 13, 2020 at 7:22 AM

What to make of Pershing CEO Lisa Dolly's surprise exit and the sped-up entry of 35-year Pershing veteran Jim Crowley

When Dolly and Lori Hardwick were promoted, bing, bing, in 2016, Pershing experienced a lift but here comes 'charismatic' and 'RIA-familiar' Jim Crowley

May 9, 2019 at 2:18 AM

Dani Fava is out at Envestnet -- to capitalize on AI revolution at a new firm, she hints

The ex-TD Ameritrade talent was hired by CEO Bill Crager in 2020 to harmonize acquisitions -- not least MoneyGuidePro and Yodlee that the company still grapples with

March 20, 2024 at 1:25 AM

Envestnet shares popped -- up 8% today -- after Wall Street filtered out bad news and staked its bet on confidence in a new team

The Berwyn, Pa., firm sugar-coated nothing but ended up with a sweet stock price result as analysts see good outweighing bad.

February 24, 2024 at 3:33 AM

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Mentioned in this article:

MarketCounsel | HamburgerLaw
Compliance Expert, RIA Set-up Firm, Regulatory Consultant
Top Executive: Brian Hamburger

Pershing Advisor Solutions
Asset Custodian
Top Executive: Mark Tibergien

Envestnet Inc
Top Executive: Jud Bergman

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