First Clearing

First Clearing is a custodian that supports independent financial advisers and entrepreneurial advisory firms. It gives advisers access to a wealth management platform, lending for their clients and help with growing their practices. Its site carries research from Wells Fargo Investment Institute alongside commentary from its own leaders.

Services

• Custody: holding and servicing client assets for advisory firms.
• Wealth management suite: tools and services advisers use with their own clients.
• Full-Service Lending: borrowing options that cover the liabilities side of client balance sheets.
• Practice management and strategy: support for advisers planning the future of their business.
• Market insight: reports on topics such as cryptocurrency, policy and portfolios, and globalisation.

Who it serves

First Clearing works with entrepreneurial advisory firms, independent advisers and registered investment advisers looking for a custodial relationship.

Key facts

• President: John Peluso
• Research source: Wells Fargo Investment Institute