Axos Clearing & Envestnet: A Powerful Partnership for Wealth Management

Axos Clearing, a subsidiary of Axos Financial Inc. (NYSE: AX), has recently announced a strategic partnership with Envestnet, a leading provider of integrated technology, data intelligence, and wealth solutions. This collaboration aims to enhance client service and streamline operations for hybrid broker-dealers (BDs) and registered investment advisers (RIAs) by integrating Envestnet's managed account solutions into Axos Clearing's Axos Complete portal. This partnership is set to empower advisors with comprehensive tools necessary for thriving within a fee-based advisory model.

The integration of Envestnet's managed account solutions into Axos Complete enables advisors to better manage their portfolios, automate routine tasks such as rebalancing, and broaden their investment options. This, in turn, fosters more effective client service and helps advisors navigate the industry's shift towards fee-based models and advisory relationships. David Crow, EVP and Head of Axos Clearing, highlighted the significance of this integration, stating that it allows clients to access tools and technology tailored to the fee-based advisory model.

Molly Weiss, Group President of Wealth Management Platform for Envestnet, emphasized the partnership's role in expanding access to managed account solutions. This collaboration enables advisors to better meet client needs in a rapidly evolving financial landscape, empowering them to overcome existing gaps in service and enhance their operational effectiveness. By aligning with the industry's shift towards fee-based models and advisory relationships, Axos Clearing and Envestnet ensure that more financial professionals have access to an industry-leading wealth management platform.

Axos Clearing offers a range of comprehensive clearing and custody solutions designed to support the evolving needs of financial institutions. By leveraging innovative technology, Axos provides seamless trade execution, efficient account management, and robust compliance tools. The partnership with Envestnet is poised to provide financial professionals with an industry-leading wealth management platform that enhances operational efficiency and client relationship management.


As the financial sector continues to evolve, this strategic partnership positions Axos Clearing as a key player in the growing RIA and hybrid broker-dealer segment. By integrating Envestnet's managed account solutions into Axos Complete, Axos Clearing empowers advisors to enhance client service, streamline operations, and scale their practices. This collaboration addresses the industry's shift towards fee-based models and advisory relationships, ensuring more financial professionals have access to an industry-leading wealth management platform. As the market continues to evolve, this partnership opens up opportunities for Axos Clearing to expand its client base, increase revenue, and strengthen its competitive position.


In conclusion, the partnership between Axos Clearing and Envestnet is set to significantly enhance the services offered to hybrid broker-dealers and registered investment advisers. By integrating Envestnet's managed account solutions into Axos Complete, advisors gain access to a comprehensive suite of tools designed to optimize their practices. This collaboration empowers advisors to serve clients more effectively, scale their practices, and better navigate the industry's shift towards fee-based models and advisory relationships. As the market continues to evolve, this partnership positions Axos Clearing well within a competitive market landscape.