State Street Corporation has announced a strategic partnership with Apex Fintech Solutions, which includes a minority investment by State Street into the financial technology company. The collaboration aims to leverage Apex’s digital custody and clearing platform to expand State Street’s wealth services, creating what the companies describe as the first truly global, digital wealth custody solution for the wealth management industry.
State Street will integrate Apex’s platform to enhance its existing offerings, targeting wealth advisors, self-directed wealth platforms, and their clients globally. State Street contributes its global client base, institutional infrastructure, core custody, and platform services, alongside its ecosystem of specialist partners. Its Charles River Development Wealth division provides front-office software and data solutions to large enterprise wealth managers, with over $3 trillion in reported assets, while State Street Investment Management oversees more than $1 trillion in wealth-related assets.
Apex Fintech Solutions, a global financial technology platform, powers investing infrastructure, digital custody, clearing, and access to US markets. The company serves over 200 clients and manages 22 million brokerage accounts, holding more than $200 billion in assets worldwide. Apex’s modular platform is designed to enable wealth managers and fintech innovators to launch new products, scale efficiently, and integrate across the ecosystem, offering expertise in API-driven digital wealth solutions that democratize access to investing, clearing, and execution capabilities.
John Plansky, executive vice president and head of State Street Wealth Services, stated, “At State Street, our institutional investor clients look to us as an essential partner, to deliver leading investment services and platforms, data, expertise, and solutions that accelerate performance and decision making. This partnership with Apex augments our wealth services capabilities and positions us to bring the same level of focus and execution excellence, as we provide technology and services to the growing global wealth customers’ investment goals.”
Bill Capuzzi, chief executive officer of Apex Fintech Solutions, commented on the evolving landscape: “Wealth management is on the precipice of enormous change driven by rapid market innovation and investor expectations. For firms to capitalize on that change, they need backend systems and capabilities that are fast, flexible and secure. For over a decade, Apex has fueled the fintech revolution by solving the hard challenges needed to expand and improve investing for everyone. We look forward to working with State Street to drive the future of wealth management by enabling the global advisor-based market to launch, scale and innovate at unprecedented speed.”
State Street Corporation, with $49.0 trillion in assets under custody and/or administration and $5.1 trillion in assets under management as of June 30, 2025, is a leading provider of financial services to institutional investors, operating globally in over 100 geographic markets with approximately 52,000 employees. Apex Fintech Solutions aims to provide seamless access, frictionless investing, and investor education through its scalable solutions and brands including Apex Clearing, Apex Advisor Solutions, and Apex Silver.
