Interactive BrokersIn the news
Global brokerage and custody platform for RIAs and other institutions
- RIAs
- Broker-dealers
Custody & clearingPer transaction
Custody, brokerage and investment account APIs for UK and EU firms
London, GBFounded 2015Part of a larger companywealthkernel.comNot yet confirmed by the company
WealthKernel provides investment infrastructure over API to companies that want to offer digital investing, savings and wealth services. Its customers include wealth managers, fintechs, challenger banks, neobrokers and trading apps in the UK and the European Union.
The platform covers the full chain behind a retail investment product. It handles client onboarding with risk and suitability questions and automated KYC and AML checks, and it opens UK tax wrappers such as ISAs, SIPPs, junior ISAs and general investment accounts. It accepts several payment methods, processes cash and in-specie transfers from other providers with status webhooks, and holds client money and assets as a licensed UK custodian. Other modules cover fractional trading in UK and US shares, model portfolio management with programmatic rebalancing, fee accrual and drift tracking, and transaction reporting to the FCA. Firms without their own FCA authorization can launch under its Appointed Representative service.
WealthKernel Limited was founded in 2015, is registered in London and is authorized by the Financial Conduct Authority; a Spanish unit holds a CNMV license. The company is now part of Alpaca, a self-clearing broker-dealer and brokerage infrastructure API provider. Pricing is not published.
No stories about WealthKernel yet.
Follow WealthKernel to get our reporting on it as it is published.
Global brokerage and custody platform for RIAs and other institutions
Custody & clearingPer transaction
Custody and automated portfolio platform for independent RIAs
Custody & clearingBasis points on assets
Clearing, custody and wealth technology for advisory and brokerage firms
Qualified digital-asset custody and trading for wealth managers
Custody & clearingCustom quote
The private wealth industry in four minutes, every morning at 6:30 a.m. ET. Free.
Free. Every morning. Unsubscribe from any edition in one click.