Zoe partners with APEX Clearing Corporation, the market-leading financial technology and data provider that drives innovation for the future of wealth management. APEX provides Zoe with the infrastructure to develop a premier investment experience paired with multiple levels of security to safeguard client assets.
How does the relationship between Zoe and APEX work?
With the Zoe Wealth Platform, advisors and clients can view, access, and manage investment accounts, while APEX is the SIPC-insured custodian where assets are securely held.
This relationship allows clients to leverage the custodian's safety and security while having access to a modern, client-centric wealth dashboard.
SIPC Protection for Zoe Client Accounts at Apex
SIPC Protection: Apex Clearing Corporation is a member of Securities Investor Protection Corporation (SIPC). SIPC offers protection of clients' securities up to $500,000 (including a maximum of $250,000 for cash)*
An "Excess SIPC" Insurance policy covers the brokerage accounts on APEX Clearing Corporation, providing additional protection to clients. This policy may offer up to $900,000 for customer cash balances and up to $37.5 million for securities held in a brokerage account. However, these benefits are subject to an aggregate policy limit of $150 million for all client claims.
*Only applies when a brokerage firm fails