Tag Archives: #Clearing

Episode 81 – Technology Drives Innovation in Clearing – With Michael Scaplen

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Michael Scaplen is the senior vice president of sales and relationship management at Axos Clearing, a company that prides itself on delivering flexible solutions backed by innovative technology, experienced industry professionals and access to leading bank products. 

In today’s episode, Doug and Michael talk about technology and innovation – how clearing houses in general should be thinking about them and how technology can enhance what a clearing firm can offer to broker-dealers.  They also talk about

  • What innovation means for a clearing house
  • Why the Axos Clearing API Store is the foundation of their innovation
  • How Axos is thinking about cryptocurrency
  • Why the speed at which clearing moves has intensified over the past five years
  • What Axos’ S-Block product is and why it is important
  • Why a holistic digital offering – a clearing ecosystem – is the holy grail of clearing
  • What Axos Clearing is working to build that is unique for correspondents
  • How correspondents can tell if their providers are innovating or staying stagnant

Resources:  Axos Clearing LLC

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

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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

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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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