Tag Archives: #Broker-Dealers

Episode 66 – Investigating a New Clearing House? Here are 7 Questions You Need to Get Answered– With Michael Scaplen

January 6, 2022Advisorpedia, Finance, Industry Innovators, Power Your Advice#Advisorpedia, #AxosClearing, #Broker-Dealers, #ClearingHouse, #DouglasHeikkinen, #FinancialAdvisors, #MichaelScaplen, #PowerYourAdvice, #RIAspoweryouradvicepodcast

Michael Scaplen, Axos Clearing’s SVP of Sales and Relationship Management, is back. This time to outline questions you should get answered when considering changing clearing houses.

This episode of Power Your Advice is a rapid-fire Q&A between Doug and Michael, in which Michael provides insider insight on each of the following:

What does a clearing house stand for?
How long have they been in the business? Do they have a vision and the wherewithal to sustain changes in the market?
Can they handle the business I’m doing today? As well as or better than my current clearing house
Do they have a particular expertise or something they specialize in?
Who are their current clients
What’s the conversion process? Do they have a team to support my move?
What’s the future? What’s the vision?

Resources: Axos Clearing, LLC

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Episode 46 – What Advisors Should Know About Clearing Houses – with Michael Scaplen

August 24, 2021Advisorpedia, Finance, Industry Innovators, Power Your Advice, Uncategorized#Advisorpedia, #AxosClearing, #Broker-Dealers, #Clearing, #DouglasHeikkinen, #MichaelScaplen, #PowerYourAdvicepoweryouradvicepodcast

At Advisorpedia, we feel it’s our duty to deliver advanced-level content that makes experienced financial advisors better in every way alongside content designed to level set and educate advisors at all levels. We will be dedicating some Power Your Advice episodes to that effort. Joining us to discuss our first topic – clearing firms – is Michael Scaplen, senior vice president of sales and relationship management at Axos Clearing, LLC. In today’s episode, Doug & Michael answer the following questions:

What does a clearing house do?
What types of transactions occur on behalf of the advisor and their clients inside a clearing firm?
What makes clearing firms different from one another?
What should drive advisors to choose one clearing firm over another?
How have clearing firms evolved over the last 10 years?
What does the future hold for clearing houses?

Resources: Axos Clearing, LLC

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Episode 39 – Is it Time to Consider Changing Clearing Providers – With Michael Scaplen

May 27, 2021Advisorpedia, Finance, Industry Innovators, Power Your Advice, Uncategorized#Advisorpedia, #AxosClearing, #Broker-Dealers, #Clearing, #DouglasHeikkinen, #MichaelScaplen, #PowerYourAdvicepoweryouradvicepodcast

Michael Scaplen is the senior vice president of sales and relationship management for Axos Clearing, LLC, a full-service clearing firm that provides flexible clearing solutions focused on empowering introducing broker-dealer and registered investment advisor correspondents to grow their businesses. In this episode of Power Your Advice, Doug Heikkinen and Mike discuss recent changes in the financial services industry, and how Axos has evolved how it serves broker-dealers as a result.

How consolidation across the industry has affected Axos
How broker-dealers can recognize when it might be time to consider changing clearing providers
How Axos’ onboarding process makes the transition seamless for broker-dealers
What proactive steps can broker-dealers take to prepare to make to change clearing providers

Resources: Axos Clearing, LLC

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